8 Eaton Park Lane Unit 17, Toronto E05

Price: $824,888

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: E13059628

Beautifully upgraded 3-bedroom plus finished basement, 4-bathroom townhouse offering approx. 2,300 sq. ft. of total living space including the finished basement. Features include stainless steel appliances, with microwave (2019), stove (2020), fridge (2024), washer/dryer (2024), and dishwasher (2025), along with quartz countertops and an Italian Carrara marble backsplash (2019). Toilets in the ground floor bathroom and third floor ensuite were upgraded in 2025. The finished basement adds valuable flexible space for a recreation room, home office, gym, or guest area. Nicely positioned overlooking a large landscaped garden area with benches and a children's play area with easy access to underground parking. Convenient location close to Bridlewood Mall, Agincourt GO, TTC, parks, library, grocery stores, restaurants, and Hwy 404, with Fairview Mall approximately 10 minutes away. Owner currently rents an additional parking spot; this arrangement is personal to the owner and not included or guaranteed for the buyer. The Bridletowne Neighbourhood Centre is proposed nearby, but buyers should verify all pending development details independently.

8 Eaton Park Lane Unit 17 - Townhouse photo 1 of 50 in Scarborough Village / Eglinton East, Ontario
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$824,888 - 8 Eaton Park Lane Unit 17, Scarborough Village

Townhouse for Sale in Scarborough Village

48 days on market
4Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
E13059628
Property Type
Townhouse
Status
active
Days on Site
48
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Scarborough Village / Eglinton East
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Beautifully upgraded 3-bedroom plus finished basement, 4-bathroom townhouse offering approx. 2,300 sq. ft. of total living space including the finished basement. Features include stainless steel appliances, with microwave (2019), stove (2020), fridge (2024), washer/dryer (2024), and dishwasher (2025), along with quartz countertops and an Italian Carrara marble backsplash (2019). Toilets in the ground floor bathroom and third floor ensuite were upgraded in 2025. The finished basement adds valuable flexible space for a recreation room, home office, gym, or guest area. Nicely positioned overlooking a large landscaped garden area with benches and a children's play area with easy access to underground parking. Convenient location close to Bridlewood Mall, Agincourt GO, TTC, parks, library, grocery stores, restaurants, and Hwy 404, with Fairview Mall approximately 10 minutes away. Owner currently rents an additional parking spot; this arrangement is personal to the owner and not included or guaranteed for the buyer. The Bridletowne Neighbourhood Centre is proposed nearby, but buyers should verify all pending development details independently.

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Estimate your monthly payments for this property

Estimated Payment

$4,232.10/mo

Includes CMHC insurance ($23,014)

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5-yr fixed avg.

Principal: $742,399Interest: $504,217
Mortgage Amount$765,413
Total Interest$504,217
Est. Property Tax$584/mo
Total Cost$1,269,631

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: 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

8 Eaton Park Lane Unit 17, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$584
Insurance (est.)-$172
Net Cash Flow+$2,324

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 $550/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 48 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Scarborough Village have shown strong appreciation as families seek more space.

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.

Bathroom Count Matters

With 4 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: Scarborough Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,437 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    8 Eaton Park Lane Unit 17 | $824,888 | Battaglia Team