270 Palmdale Drive Unit 1503, Toronto E05

Price: $2,500

2 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E12907228

Spacious and bright recently renovated 2-bedroom, 1-bathroom apartment conveniently located just off Sheppard Avenue in Toronto. This well-maintained unit features large principal rooms and oversized windows, filling the space with abundant natural light throughout. All utilities are included in the rent( heat, water, hydro, cable, and internet)providing excellent value and affordability. The newly renovated kitchen offers quartz countertops and custom cabinetry, while the updated bathroom adds a modern touch. The primary bedroom features new flooring, custom window blinds and an oversized walk-in closet. The second bedroom features new flooring and custom window blinds. The unit also includes plenty of storage and a very convenient ensuite laundry room. Enjoy west-facing views and beautiful sunsets from your large private balcony, with glimpses of Toronto's skyline and the CN Tower in the distance. Ideally located close to shopping, public transit, and with easy access to Highway 401 and Highway 404, making commuting simple. A fantastic opportunity to lease a spacious and move-in-ready apartment in a convenient Toronto location.

270 Palmdale Drive Unit 1503 - Condo photo 1 of 17 in Scarborough Village / Eglinton East, Ontario
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$2,500/mo - 270 Palmdale Drive Unit 1503, Scarborough Village

Condo for Rent in Scarborough Village

84 days on market
2Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E12907228
Property Type
Condo
Status
active
Days on Site
84
Bedrooms
2
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Spacious and bright recently renovated 2-bedroom, 1-bathroom apartment conveniently located just off Sheppard Avenue in Toronto. This well-maintained unit features large principal rooms and oversized windows, filling the space with abundant natural light throughout. All utilities are included in the rent( heat, water, hydro, cable, and internet)providing excellent value and affordability. The newly renovated kitchen offers quartz countertops and custom cabinetry, while the updated bathroom adds a modern touch. The primary bedroom features new flooring, custom window blinds and an oversized walk-in closet. The second bedroom features new flooring and custom window blinds. The unit also includes plenty of storage and a very convenient ensuite laundry room. Enjoy west-facing views and beautiful sunsets from your large private balcony, with glimpses of Toronto's skyline and the CN Tower in the distance. Ideally located close to shopping, public transit, and with easy access to Highway 401 and Highway 404, making commuting simple. A fantastic opportunity to lease a spacious and move-in-ready apartment in a convenient Toronto location.

Neighbourhood Guide: Scarborough Village / Eglinton East

Discover Scarborough Village / Eglinton East

Scarborough Village / Eglinton East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Scarborough Village / Eglinton East

  • Convenient location in Scarborough Village / Eglinton East
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Scarborough Village / Eglinton East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

270 Palmdale Drive Unit 1503, Scarborough Village / Eglinton East

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$2,500/mo
↓ Below typical 2-bed market rent
Annual Rent Cost
$30,000
12 × monthly rent

Estimated Monthly Budget

Asking Rent$2,500/mo
Utilities (est.)~$130/mo
Est. Total Monthly Cost~$2,630/mo

Things to Confirm Before Signing

· Are utilities included, or separate?

· How many parking spots are included?

· Is the landlord open to a 1-year or 2-year lease?

· Are pets and small renovations (paint, hooks) allowed?

· When was the last rent increase, if there is a prior tenant?

Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Rent

At $2,500/mo, this is priced below the typical 2-bedroom rent of ~$2,900/mo in Scarborough Village. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.

Negotiation Opportunity

At 84 days on site, this property has exceeded the typical selling timeline for Scarborough Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Lease Terms to Negotiate

Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.

Let's Walk Through It Together

Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.

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    270 Palmdale Drive Unit 1503, Sca… — $2,500 | Battaglia Team