$515,000 - 3231 Eglinton Avenue Unit 206B, Scarborough
Condo for Sale in Scarborough
New — Listed 2 days ago- MLS Number
- E13450004
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Scarborough Town Centre
- Locker
- Exclusive
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- CENTURY 21 PERCY FULTON LTD.
Welcome To This Bright And Spacious 2 Bedroom + Solarium, 2 Full Bathroom Condo Offering 1,184 Sq Ft Of Comfortable Living Space And Stunning West-Facing Views Of The Toronto Skyline And Evening Sunsets. Freshly Painted And Featuring New Vinyl Flooring Throughout, This Move-In Ready Suite Combines Style, Functionality And Exceptional Value. The Open-Concept Living And Dining Areas Are Filled With Natural Light And Flow Seamlessly Into A Versatile Solarium. Perfect For A Home Office, Reading Nook, Or Additional Sitting Area. The Generous Primary Bedroom Easily Accommodates A King-Size Bed And Features A Large 4-Piece Ensuite. A Well-Sized Second Bedroom Provides Flexible Space For Family, Guests, Or Remote Work. Enjoy The Convenience Of2 Underground Parking Spaces & 1 Locker For Additional Storage! Residents Benefit From 24-Hour Concierge And Security, On-Site Property Management And An Impressive Array Of Amenities Including An Indoor Pool, Fitness Centre, Men's And Women's Saunas, Indoor Squash/Basketball Court, Library, Recently Renovated Party Room, Community BBQ Areas, Children's Playground And Outdoor Tennis Court. An Active Social Committee Helps Foster A Warm And Welcoming Community Atmosphere. Ideally Located On TTC Routes And Close To Schools, Shopping, Dining, Parks, And Everyday Conveniences. A Fantastic Opportunity To Own A Bright, Spacious Home In A Well-Managed Building Where Pride Of Ownership Truly Shines.
Estimate your monthly payments for this property
Estimated Payment
$2,642.22/mo
Includes CMHC insurance ($14,369)
5-yr fixed avg.
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.
Discover Scarborough Town Centre
Scarborough Town Centre 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 Town Centre
- •Convenient location in Scarborough Town Centre
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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 Town Centre 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.
3231 Eglinton Avenue Unit 206B, Scarborough Town Centre
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $515/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Scarborough's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: Scarborough properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,146 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.