$4,999/mo - 55 Livingston Road Unit PH05, Scarborough
Condo for Rent in Scarborough
52 days on market- MLS Number
- E13049590
- Property Type
- Condo
- Status
- active
- Days on Site
- 52
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Scarborough Town Centre
- Locker
- None
- Exposure
- North East
- Balcony
- Terrace
- Listing Brokerage
- RARE REAL ESTATE
Welcome to an exceptional penthouse residence, fully renovated from top to bottom and offering a modern, luxurious retreat overlooking protected conservation land and the waters of Lake Ontario. This spacious 1,420sf three bedroom, two bathroom home features a refined primary suite with a three piece ensuite and walk in closet. Throughout the home are brand new windows, radiant heating, individual heat pump AC units for year round comfort, and parking available through the building on a monthly rental basis.The open concept living, dining, and Italian designed kitchen form the heart of the home, complete with full size stainless steel appliances, an oversized waterfall quartz island, and a striking tiled feature wall. A dedicated laundry room with custom shelving adds everyday functionality, while new vinyl flooring flows throughout the home, aside from the bathrooms. Roller shades with safety cords finish every window.The expansive northeast facing terrace spans over 512sf and serves as an extension of the living space during warmer months, offering power outlets, BBQ capability, and rare unobstructed views of Lake Ontario and preserved green space.Residents enjoy an impressive selection of amenities including an outdoor pool, tennis court, gym, sauna, EV charging, bike storage, and a dedicated outdoor BBQ area. Twenty four seven emergency service and upcoming common area upgrades add to the appeal. Notably, this is not a condo building, offering added stability for long term tenants.Located in the highly sought after Guildwood Village community, the area blends natural beauty with urban convenience. Enjoy nearby dining, shopping, excellent transit connections, golf clubs, and kilometres of scenic walking paths. This is lakeside living at its finest in one of Toronto's most picturesque neighbourhoods.
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.
55 Livingston Road Unit PH05, Scarborough Town Centre
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $4,999/mo, this is asking above the typical 3-bedroom rent of ~$3,500/mo in Scarborough. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Negotiation Opportunity
At 52 days on site, this property has exceeded the typical selling timeline for Scarborough. 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.
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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.