2601-115 Omni Drive, Toronto, ON

Bendale, Toronto · MLS® E13240332

$549,900
For Sale
Listed 48 days ago
Request a showing
◎ Directions
3Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Welcome to Suite 2601 at 115 Omni Drive - a rarely offered 3-bedroom residence showcasing breathtaking, unobstructed southwest views, including a clear sightline to the iconic CN Tower. Perched high above the city, this bright and spacious suite offers a functional, family-sized layout with grand entrance foyer, generous principal rooms, crown moulding and large windows that flood the home with natural light and stunning sunset views. Located in "The Omni," a well-established Tridel-built residence known for its solid construction and spacious layouts, residents enjoy 24-hour gated security along with a full suite of amenities including an indoor pool, sauna, fitness centre, party room, and ample visitor parking. The building offers exceptional value with large suite sizes rarely found in newer developments. Ideally situated in the heart of Scarborough's Bendale community, you are just steps to Scarborough Town Centre, TTC and Scarborough Centre Station, restaurants, shopping, parks, and the Civic Centre, with quick access to Highway 401 for seamless commuting across the city. A perfect opportunity for families, investors, or end-users seeking space, convenience, and panoramic city views in a highly connected neighbourhood.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13240332
Bedrooms
3
Bathrooms
2
Size
1200-1399
Cross streets
Brimley & Ellesmere
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,046/mo
Exposure
South West
Property tax
$2,571 / 2025
Days on market
48
Listing brokerage
UNION CAPITAL REALTY

Rooms

FoyerFlat2.50 × 2.75 m

walk-in closet(s) · open concept · tile floor

Bedroom 3Flat3.23 × 2.97 m

large closet · broadloom · large window

Primary BedroomFlat4.61 × 3.05 m

4 pc ensuite · walk-in closet(s) · large window

Bedroom 2Flat3.30 × 2.97 m

large closet · broadloom · large window

Dining RoomFlat3.05 × 2.48 m

l-shaped room · open concept · broadloom

Living RoomFlat9.55 × 3.05 m

combined w/dining · open concept · sw view

KitchenFlat5.35 × 2.38 m

ceramic backsplash · ceramic floor · eat-in kitchen

Moe’s TakeTeam Asgarian · Broker
Below comparables
$653Kest. value

Listed at $549,900, this home is about 16% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

In Bendale lately, sellers have been getting about 95% of asking and homes sell in about 45 days. Prices are down 14% versus a year ago.

Based on 50 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 50 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $546K, a bit lower.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, sold for $590K
  • Adjusts to $590K

That comparable adjusts to $590K; the $653K estimate above is the median of all 50 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

List price
$550KGreat deal$671KOverpriced

Total price vs nearby homes. Fair value about $653K, median of 50 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$696kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

418-255 The Donway$649k1511-320 Dixon Road$380k101-1200 Don Mills Road$1.06M

The 3 closest active listings nearby.

See all comparable homes
550kThis home649k380k1.06MThis home vs active comparables
Live market pulseActive comparables in Bendale · median list $600K
$423this home / sqft
24active listings nearby
48days on market
23sold nearby · 90 days
$441Kmedian sold price
95%of asking, on average
14%vs a year ago

This home lists 28% below the area average of $588/sqft.

47 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Bendale, Toronto, ON

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

The Beaches
$799K
Banbury-Don Mills
$649K
Henry Farm
$599K
Mount Pleasant West
$819K
Moss Park
$552K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,506/mo
$125KIncome needed
4.4×Price ÷ income
$578Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

67%mortgage
Mortgage $2,506Property tax $214Condo fee $1,046Total carry $3,767

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,348per month

Mortgage amount $439,920 · 4.14% over 25 years

$109,980Down payment (20.0%)
$439,920Loan before insurance
$0CMHC premium
$3,608Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,348
Property tax
$214
Condo / maintenance fees
$1,046
Heating
$0
Estimated monthly cost
$3,608

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$7,473
Toronto municipal land transfer tax
$7,473
Estimated closing costs
$14,946

Plus your down payment of $109,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,851/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$264,353Total interest paid
$704,273Total of all payments
Principal $439,920 Interest $264,353
YearPrincipalInterestBalance
1$10,306$17,865$429,614
2$10,737$17,434$418,877
3$11,186$16,985$407,691
4$11,654$16,517$396,037
5$12,141$16,030$383,896
6$12,649$15,522$371,247
7$13,178$14,993$358,069
8$13,730$14,441$344,339
9$14,304$13,867$330,035
10$14,902$13,269$315,133
11$15,525$12,645$299,608
12$16,175$11,996$283,433
13$16,851$11,319$266,581
14$17,556$10,615$249,025
15$18,291$9,880$230,734
16$19,056$9,115$211,679
17$19,853$8,318$191,826
18$20,683$7,488$171,143
19$21,548$6,623$149,594
20$22,450$5,721$127,145
21$23,389$4,782$103,756
22$24,367$3,804$79,389
23$25,386$2,785$54,003
24$26,448$1,723$27,554
25$27,554$616$0

At the end of your 5-year term

Total paid over the term
$140,855
Principal paid down
$56,024
Interest paid
$84,831
Balance remaining
$383,896

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$4,100/mo
$49,200Gross annual rent
5.1%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

8.9%
Gross yield
− Property tax $2,571− Condo fees $12,557− Insurance $600− Vacancy & upkeep $5,412Net operating income $28,060

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of UNION CAPITAL REALTY. MLS®/PropTx.

CallRequest a showing