2800 Warden Avenue Unit 1202, Toronto E05

Price: $330,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E12692932

A Smart Financial Choice! A Life Lease Offers Seniors (55+) Remarkable Stability And Lower Monthly Costs Than Renting A Comparable Condo At Market Rates. Managed By Senior Persons Living Connected (SPLC), This Non-Profit Housing Community Provides A Secure And Supportive Environment. With No Mortgage Payments Involved, Your Total Monthly Occupancy Cost Is Just $1,699.23, Which Conveniently Includes Your Property Taxes Plus Utilities (Heat, Hydro, Water, And A/C). This Bright Approx 1,100 Sq. Ft. Penthouse Suite At St. Paul's Terrace Features A Spacious Split-Bedroom Layout With Panoramic North, South, And East Views. Move-In Ready With Newer Laminate Flooring, A Functional Kitchen, Ensuite Laundry, And One Underground Parking Space.Residents Enjoy A Wide Range Of On-Site Amenities: A Restaurant Offering Lunch And Dinner, Fitness And Activity Rooms, A Hair Salon, Rooftop Terrace, And Various Recreational Programs. For Added Peace Of Mind, Residents Have The Option To Access SPLC Support Services Right In Their Home, Including Personal Care And Homemaking.Prime Location Directly Across From Bridlewood Mall With Shops, Groceries, And Transit At Your Doorstep. Reach Out Today For More Info On This Unique Opportunity! ***Some Photos Virtually Staged.

2800 Warden Avenue Unit 1202 - Condo photo 1 of 16 in Scarborough Village / Eglinton East, Ontario
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$330,000 - 2800 Warden Avenue Unit 1202, Scarborough Village

Condo for Sale in Scarborough Village

141 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E12692932
Property Type
Condo
Status
active
Days on Site
141
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
Ensuite
Exposure
North East
Balcony
None
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

A Smart Financial Choice! A Life Lease Offers Seniors (55+) Remarkable Stability And Lower Monthly Costs Than Renting A Comparable Condo At Market Rates. Managed By Senior Persons Living Connected (SPLC), This Non-Profit Housing Community Provides A Secure And Supportive Environment. With No Mortgage Payments Involved, Your Total Monthly Occupancy Cost Is Just $1,699.23, Which Conveniently Includes Your Property Taxes Plus Utilities (Heat, Hydro, Water, And A/C). This Bright Approx 1,100 Sq. Ft. Penthouse Suite At St. Paul's Terrace Features A Spacious Split-Bedroom Layout With Panoramic North, South, And East Views. Move-In Ready With Newer Laminate Flooring, A Functional Kitchen, Ensuite Laundry, And One Underground Parking Space.Residents Enjoy A Wide Range Of On-Site Amenities: A Restaurant Offering Lunch And Dinner, Fitness And Activity Rooms, A Hair Salon, Rooftop Terrace, And Various Recreational Programs. For Added Peace Of Mind, Residents Have The Option To Access SPLC Support Services Right In Their Home, Including Personal Care And Homemaking.Prime Location Directly Across From Bridlewood Mall With Shops, Groceries, And Transit At Your Doorstep. Reach Out Today For More Info On This Unique Opportunity! ***Some Photos Virtually Staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,693.07/mo

Includes CMHC insurance ($9,207)

$
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5-yr fixed avg.

Principal: $297,000Interest: $201,714
Mortgage Amount$306,207
Total Interest$201,714
Est. Property Tax$234/mo
Total Cost$507,921

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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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

2800 Warden Avenue Unit 1202, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$234
Insurance (est.)-$69
Net Cash Flow+$1,407

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

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 Pricing

At $330/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 141 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    MLS# E12692932 — 2800 Warden Avenue Unit 1202 | Battaglia Team