5039 Finch Avenue Unit TH02, Toronto E07

Price: $559,000

2 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E12926562

Bright and spacious two-storey TOWNHOUSE unit built by Monarch in a highly desirable Scarborough community. Lovingly maintained and renovated, this home has been kept in the family of the original owners and offers 1,029 sq. ft. of functional living space. Featuring 2bedrooms this unit includes a large living and dining area, two full bathrooms and an additional powder room, and large functional kitchen. Hardwood flooring throughout provides a warm and cohesive feel. Unique direct ground-level access to Finch Avenue with a private exterior entrance, offering a convenient and rare townhouse-style living experience. Condo fees includes Cable TV and Internet. Building amenities include an indoor pool, gym, sauna, party room, car wash, Billiards room, Ping Pong Room, Tennis Court, and ample visitor parking. Conveniently located within walking distance to schools, Woodside Square Mall, restaurants, supermarkets, and TTC. Minutes to Hwy 401and Scarborough Town Centre. Property includes one parking only a few steps from entrance.

5039 Finch Avenue Unit TH02 - Condo photo 1 of 25 in Agincourt / Milliken, Ontario
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$559,000 - 5039 Finch Avenue Unit TH02, Agincourt

Condo for Sale in Agincourt

82 days on market
2Beds
3Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E12926562
Property Type
Condo
Status
active
Days on Site
82
Bedrooms
2
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Agincourt / Milliken
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
KW Living Realty
Description

Bright and spacious two-storey TOWNHOUSE unit built by Monarch in a highly desirable Scarborough community. Lovingly maintained and renovated, this home has been kept in the family of the original owners and offers 1,029 sq. ft. of functional living space. Featuring 2bedrooms this unit includes a large living and dining area, two full bathrooms and an additional powder room, and large functional kitchen. Hardwood flooring throughout provides a warm and cohesive feel. Unique direct ground-level access to Finch Avenue with a private exterior entrance, offering a convenient and rare townhouse-style living experience. Condo fees includes Cable TV and Internet. Building amenities include an indoor pool, gym, sauna, party room, car wash, Billiards room, Ping Pong Room, Tennis Court, and ample visitor parking. Conveniently located within walking distance to schools, Woodside Square Mall, restaurants, supermarkets, and TTC. Minutes to Hwy 401and Scarborough Town Centre. Property includes one parking only a few steps from entrance.

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Estimate your monthly payments for this property

Estimated Payment

$2,867.96/mo

Includes CMHC insurance ($15,596)

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5%10%50%

5-yr fixed avg.

Principal: $503,100Interest: $341,692
Mortgage Amount$518,696
Total Interest$341,692
Est. Property Tax$396/mo
Total Cost$860,388

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: Agincourt / Milliken

Discover Agincourt / Milliken

Agincourt / Milliken 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 Agincourt / Milliken

  • Convenient location in Agincourt / Milliken
  • 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

Agincourt / Milliken 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

5039 Finch Avenue Unit TH02, Agincourt / Milliken

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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)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$396
Insurance (est.)-$116
Net Cash Flow+$1,198

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 $559/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 82 days on site, this property has exceeded the typical selling timeline for Agincourt. 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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Agincourt properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,329 (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.

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    5039 Finch Avenue Unit TH02 | $559,000 | Battaglia Team