55 Bamburgh Circle Unit 2008, Toronto E05

Price: $499,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E13006828

Luxury Tridel Built Bridlewoode Place Condo In High Demand Area. Sun Filled South Facing Unit Located On The 20th Floor With Unobstructed South Views. Can See CN Tower In A Clear Day. Approximately 1084 sqft. Spacious And Bright 1 Bedroom + Solarium 2 Washrooms Open Concept With Functional Layout. Big Solarium Rm Can Be Used As Another Room. Newly Renovated Bathroom. Laminate Flooring Throughout. Owner Occupied. Very Well Maintained & Move-InReady. Excellent Location. Close To Everything You Need. Walking Distance To Foody Market, T&T Supermarket, Library, Parks, Restaurants, TTC And Etc. Excellent Building Amenities. Tandem Parking Can Fit 2 Cars.

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$499,000 - 55 Bamburgh Circle Unit 2008, Scarborough Village

Condo for Sale in Scarborough Village

61 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E13006828
Property Type
Condo
Status
active
Days on Site
61
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Luxury Tridel Built Bridlewoode Place Condo In High Demand Area. Sun Filled South Facing Unit Located On The 20th Floor With Unobstructed South Views. Can See CN Tower In A Clear Day. Approximately 1084 sqft. Spacious And Bright 1 Bedroom + Solarium 2 Washrooms Open Concept With Functional Layout. Big Solarium Rm Can Be Used As Another Room. Newly Renovated Bathroom. Laminate Flooring Throughout. Owner Occupied. Very Well Maintained & Move-InReady. Excellent Location. Close To Everything You Need. Walking Distance To Foody Market, T&T Supermarket, Library, Parks, Restaurants, TTC And Etc. Excellent Building Amenities. Tandem Parking Can Fit 2 Cars.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

$
$
5%10%50%

5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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.

Ready to get pre-approved?

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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

55 Bamburgh Circle Unit 2008, 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)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,253

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 $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 61 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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    55 Bamburgh Circle Unit 2008 | $499,000 | Battaglia Team