905-20 Gilder Drive, Toronto, ON
Eglinton East, Toronto · MLS® E13454346
About this home
Welcome to Unit 905 at 20 Gilder Drive a beautifully updated 2-bedroom condo offering 1,015 sq ft of bright, spacious living in the heart of Scarborough. This freshly renovated home features a brand new kitchen with quartz countertops and sleek ceramic tile flooring, perfect for modern living. Enjoy the comfort of brand new laminate flooring and fresh paint throughout, giving the space a clean, contemporary feel. The open-concept layout includes a generous living and dining area that opens onto a large, private balcony ideal for relaxing or entertaining. Both bedrooms offer large closets and plenty of natural light. The updated washroom is spotless and move-in ready with brand new vanity with mirror and toilet. Additional conveniences include an ensuite storage locker and 1 underground parking space. Located in a prime area, you're just minutes from Scarborough Town Centre, Kennedy Subway Station, and the new LRT making commuting and shopping a breeze. The well-maintained building offers great amenities including an indoor pool, sauna, and gym. Perfect for first-time buyers or investors looking for value and location. Don't miss this opportunity to own a spacious, sun-filled condo in one of Scarborough's most convenient neighborhoods! Move-In Ready!
Key facts
- Property type
- Condo Apartment, Multi-Level
- MLS®
- E13454346
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 1000-1199
- Cross streets
- Midland and Eglington Ave E
- Parking
- 1 garage (detached)
- Basement
- None
- Heating
- Radiant
- A/C
- Other
- Exterior
- Brick
- Maintenance
- $807/mo
- Exposure
- South
- Property tax
- $1,071 / 2026
- Days on market
- 30
- Listing brokerage
- ROYAL LEPAGE CERTIFIED REALTY
Rooms
laminate · large window · large closet
Laminate
laminate · w/o to balcony · open concept
laminate · combined w/living · large window
laminate · large window · large closet
vinyl floor · eat-in kitchen · quartz counter
Listed at $418,888, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 21 similar homes nearby, adjusted for size, beds, and baths.Median of 21 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $330K, lower than the comparables and worth a second look.
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, listed at $399K
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $354K
That comparable adjusts to $354K; the $519K estimate above is the median of all 21 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
The assigned public school is Glen Ravine Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Midland Ave at Gilder Dr is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $519K, median of 21 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 27% below the area average of $519/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Eglinton East, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Midland Ave at Gilder Dr, about 95 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $335,110 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,788
- Property tax
- $89
- Condo / maintenance fees
- $807
- Heating
- $0
- Estimated monthly cost
- $2,685
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,853
- Toronto municipal land transfer tax
- $4,853
- Estimated closing costs
- $9,706
Plus your down payment of $83,778. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $107,296
- Principal paid down
- $42,676
- Interest paid
- $64,620
- Balance remaining
- $292,434
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE CERTIFIED REALTY. MLS®/PropTx.