206B-3231 Eglinton Avenue, Toronto, ON

Scarborough Village, Toronto · MLS® E13592164

$505,000
For Sale
Just listed today
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3Bedrooms
2Bathrooms
2Garage
1000-1199Sq Ft

About this home

Welcome To This Bright And Spacious 2 Bedroom + Solarium, 2 Full Bathroom Condo Offering 1,184 Sq Ft Of Comfortable Living Space And Stunning West-Facing Views Of The Toronto Skyline And Evening Sunsets. Freshly Painted And Featuring New Vinyl Flooring Throughout, This Move-In Ready Suite Combines Style, Functionality And Exceptional Value. The Open-Concept Living And Dining Areas Are Filled With Natural Light And Flow Seamlessly Into A Versatile Solarium. Perfect For A Home Office, Reading Nook, Or Additional Sitting Area. The Generous Primary Bedroom Easily Accommodates A King-Size Bed And Features A Large 4-Piece Ensuite. A Well-Sized Second Bedroom Provides Flexible Space For Family, Guests, Or Remote Work. Enjoy The Convenience Of2 Underground Parking Spaces & 1 Locker For Additional Storage! Residents Benefit From 24-Hour Concierge And Security, On-Site Property Management And An Impressive Array Of Amenities Including An Indoor Pool, Fitness Centre, Men's And Women's Saunas, Indoor Squash/Basketball Court, Library, Recently Renovated Party Room, Community BBQ Areas, Children's Playground And Outdoor Tennis Court. An Active Social Committee Helps Foster A Warm And Welcoming Community Atmosphere. Ideally Located On TTC Routes And Close To Schools, Shopping, Dining, Parks, And Everyday Conveniences. A Fantastic Opportunity To Own A Bright, Spacious Home In A Well-Managed Building Where Pride Of Ownership Truly Shines.Extras:

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13592164
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1000-1199
Cross streets
Eglinton Ave. E & Kingston Rd.
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$1,246/mo
Exposure
North West
Property tax
$1,527 / 2026
Listing brokerage
CENTURY 21 PERCY FULTON LTD.
Moe’s TakeTeam Asgarian · Broker
In line
$538Kest. value

Listed at $505,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

In Scarborough Village lately, sellers have been getting about 96% of asking and homes sell in about 46 days. Prices are down 20% versus a year ago.

Based on 93 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 93 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $449K, a bit lower. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $620K
  • Adjusts to $620K

That comparable adjusts to $620K; the $538K estimate above is the median of all 93 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.

The assigned public school is Scarborough Village Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$446KGreat deal$648KOverpriced

Total price vs nearby homes. Fair value about $538K, median of 93 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Scarborough Village · asking prices
$497kavg asking

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

514-3650 Kingston Road$499k1107-3233 Eglinton Avenue$499k709-3380 Eglinton Avenue$559k503-180 Markham Road$480k1704-180 Markham Road$449k

The 5 closest of 8 active listings nearby.

See all comparable homes
505kThis home499k499k559k480k449kThis home vs active comparables
Live market pulseActive comparables in Scarborough Village · median list $485K
$459this home / sqft
15active listings nearby
23sold nearby · 90 days
$413Kmedian sold price
96%of asking, on average
20%vs a year ago

This home lists 2% above the area average of $448/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Scarborough Village, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

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

Woburn
$500K
Tam O'Shanter-Sullivan
$518K
Henry Farm
$611K
Willowdale East
$625K
Church-Yonge Corridor
$564K

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

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

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Mason Road Junior Public School
43%
Mason Road Junior Public SchoolPublic · Elementary · 1.1 km awayBelow the GTA average · 43% meet the provincial standard
Maplewood High SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,302/mo
$118KIncome needed
4.3×Price ÷ income
$531Weekly 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.

63%mortgage
Mortgage $2,302Property tax $127Condo fee $1,246Total carry $3,675

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,156per month

Mortgage amount $404,000 · 4.14% over 25 years

$101,000Down payment (20.0%)
$404,000Loan before insurance
$0CMHC premium
$3,529Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,156
Property tax
$127
Condo / maintenance fees
$1,246
Heating
$0
Estimated monthly cost
$3,529

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

One-time closing costs

Ontario land transfer tax
$6,575
Toronto municipal land transfer tax
$6,575
Estimated closing costs
$13,150

Plus your down payment of $101,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,619/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

$242,768Total interest paid
$646,768Total of all payments
Principal $404,000 Interest $242,768
YearPrincipalInterestBalance
1$9,464$16,406$394,536
2$9,860$16,011$384,675
3$10,273$15,598$374,403
4$10,702$15,168$363,700
5$11,150$14,721$352,551
6$11,616$14,254$340,934
7$12,102$13,768$328,832
8$12,608$13,262$316,223
9$13,136$12,735$303,087
10$13,685$12,185$289,402
11$14,258$11,613$275,144
12$14,854$11,017$260,290
13$15,475$10,395$244,815
14$16,123$9,748$228,692
15$16,797$9,074$211,895
16$17,500$8,371$194,395
17$18,232$7,639$176,163
18$18,994$6,876$157,169
19$19,789$6,082$137,380
20$20,617$5,254$116,763
21$21,479$4,392$95,284
22$22,377$3,493$72,907
23$23,313$2,557$49,593
24$24,289$1,582$25,305
25$25,305$566$0

At the end of your 5-year term

Total paid over the term
$129,354
Principal paid down
$51,449
Interest paid
$77,904
Balance remaining
$352,551

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$3,400/mo
$40,800Gross annual rent
3.8%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.

8.1%
Gross yield
− Property tax $1,527− Condo fees $14,955− Insurance $600− Vacancy & upkeep $4,488Net operating income $19,230

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PERCY FULTON LTD.. MLS®/PropTx.

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