$599,000 - 328 Sprucewood Court, Scarborough Village
Condo for Sale in Scarborough Village
131 days on market- MLS Number
- E12751860
- Property Type
- Condo
- Status
- active
- Days on Site
- 131
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Scarborough Village / Eglinton East
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- REGAL REALTY POINT
Welcome to 328 Sprucewood Crt, this Spacious & Bright Upgraded 3 bedroom Townhome With Low Maintenance Fees In High Demand Area! Famous J.B. Tyrell Senior Public School & Sir John A. Mcdonald High School, Nestled in A Super Convenient Location! A perfect blend of comfort and convenience, ideal for families and investors. Home offers sizable bright rooms, a great layout, and a fully finished basement. Step into the open-concept living and dining area, featuring large windows that flood the space with natural light. The Whole unit recently Updated, the New Freshly Painted, New Floor, New Hardwood Stairs! The AC (2024), Hot Water Tank(2018) Owned, Situated On A Quite Complex, Close To All The Amenities You Need And Enjoy. 401/404 Easy Access, Parks, Mall, Library, Hospital, Schools, Banks, Restaurants & More!
Estimate your monthly payments for this property
Estimated Payment
$3,073.18/mo
Includes CMHC insurance ($16,712)
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 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
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.
328 Sprucewood Court, Scarborough Village / Eglinton East
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Rental income estimator & ROI calculator
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 $499/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 131 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Scarborough Village. Good resale value as demand remains consistent.
Investment Perspective
Looking at this as an investment: Scarborough Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,496 (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.