2304-50 Town Centre Court, Toronto, ON

Bendale, Toronto · MLS® E13791530

$399,900
For Sale
Listed 33 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Parking
500-599Sq ft

About this home

In short

  • Monarch-Built Condo at Scarborough Town Centre.
  • Sun-filled, freshly painted 1+ Den with an open den-ideal for a home office or second bedroom.
  • This high-floor corner suite features floor-to-ceiling windows, unobstructed views, an excellent open-concept layout, mirrored closets and a modern kitchen with...
  • Steps to Scarborough Town Centre, TTC and GO Transit, YMCA, Civic Centre, shops, restaurants, parks, cinemas and entertainment.
  • Convenient access to U of T Scarborough, Highway 401 and the DVP.

Monarch-Built Condo at Scarborough Town Centre! Sun-filled, freshly painted 1+ Den with an open den-ideal for a home office or second bedroom. This high-floor corner suite features floor-to-ceiling windows, unobstructed views, an excellent open-concept layout, mirrored closets and a modern kitchen with granite countertops. Includes one parking space and one locker.Steps to Scarborough Town Centre, TTC and GO Transit, YMCA, Civic Centre, shops, restaurants, parks, cinemas and entertainment. Convenient access to U of T Scarborough, Highway 401 and the DVP. Building amenities include a 24-hour concierge, gym, party room and visitor parking. An excellent opportunity for first-time buyers, investors or young professionals!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13791530
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
Mccowan/Town Centre
Parking
1 parking
Basement
Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$516/mo
Exposure
North West
Property tax
$2,044 / 2025
Days on market
33
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

Living RoomGround14.50 × 13.51 m

combined w/dining · laminate · closet

DenGround8.27 × 6.76 m

window · laminate · separate room

FoyerGround

closet · ceramic floor

Dining RoomGround14.50 × 13.51 m

combined w/living · laminate · w/o to balcony

Primary BedroomGround10.27 × 9.74 m

window · laminate · mirrored closet

KitchenGround

open concept · laminate · modern kitchen

Our TakeTeam Asgarian · Broker
A small discount is typical
$385Klikely sale price

Listed at $399,900. Going by how homes in Bendale and the wider GTA have actually closed against their asking prices (about 96%, 24 local closings in 90 days), the likely sale price is near $385K, if it sells. A realistic range is $363K to $417K.

Independent value check: $378K. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $352K and $397K).

Why $378K. The typical condo sold in Bendale over the past year went for about $469K (112 sales). What sets this one apart:

  • ▼ Lowers it strongly1+1 bedrooms and 1 baths, against 2+1 and 2 typically.
  • ▼ Lowers itIt is 500 to 599 sq ft; the typical home sold here is 700 to 799.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,044 a year; the typical home sold here pays about $2,200.
  • ▲ Raises it slightlyIts maintenance fee is $516 a month; the typical unit sold here pays about $740.
List price
$363KBelow recent closings$417KAbove recent closings

Total price vs nearby homes. Likely closing about $385K, from 24 recent closings in this pocket.

The market behind the math:

24sold nearby · 90 days
$460Kmedian sold price
94%of asking, on average
−7%prices vs a year ago
~40 dayshomes like this take to sell
33days on market so far
$2,154/moest. rent · 34 leases
6.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2 months of inventory: 16 condo apartment homes for sale in the area against 24 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $728/sqft against an area asking average of $665/sqft.

  • basement apartment features. A finished 1 bed basement apartment. A self-contained space for extended family, guests or potential income. In Bendale basements rarely rent out (0 of 500 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 24 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $354K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

Its public catchment (St Andrews Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 15 homes sold in this building over the past two years, from 185 closings in Bendale.

Sold price trend

Median sold price for condos in Bendale: $488K in September 2026, down 13% from a year ago, on 109 closings in 11 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$520K13
November 2025$500K8
December 2025$428K7
February 2026$538K10
March 2026$520K11
April 2026$441K13
May 2026$495K7
June 2026$415K12
July 2026$415K11
August 2026$405K7
September 2026$488K10

Neighbourhood & location

Bendale, 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.

Bayview Village
$526K
North St. James Town
$765K
Moss Park
$549K
Church-Yonge Corridor
$529K
Waterfront Communities C8
$554K

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 St Andrews Public School
77%
St Andrews Public SchoolPublic · Elementary · 0.8 km awayAbove the GTA average · 77% meet the provincial standard
Alternative Scarborough Education 1EQAO results not published
Also nearby: 12 more schools within 2.5 km
North Bendale Junior Public School · Public elementary0.7 km · 64% at standard
Edgewood Public School · Public elementary1.2 km · 36% at standard
St Richard Catholic School · Catholic elementary1.4 km · 62% at standard
Bendale Junior Public School · Public elementary1.5 km · 62% at standard
C D Farquharson Junior Public School · Public elementary1.5 km · 87% at standard
Bellmere Junior Public School · Public elementary1.6 km · 65% at standard
White Haven Junior Public School · Public elementary1.7 km · 74% at standard
Tredway Woodsworth Public School · Public elementary1.9 km · 60% at standard
St Elizabeth Seton Catholic School · Catholic elementary1.9 km
Donwood Park Public School · Public elementary1.9 km · 57% at standard
St Rose of Lima Catholic School · Catholic elementary2.2 km · 73% at standard
Woburn Collegiate Institute · Public secondary2.2 km · 66% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$1,823/mo
$88KIncome needed
4.5×Price ÷ income
$421Weekly cost
$8,947Land transfer tax, one-time (Ontario + Toronto)
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.

73%mortgage
Mortgage $1,823Property tax $170Condo fee $516Total carry $2,509

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,769per month

Mortgage amount $319,920 · 4.49% over 25 years

$79,980Down payment (20.0%)
$319,920Loan before insurance
$0CMHC premium
$2,455Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,769
Property tax
$170
Condo / maintenance fees
$516
Heating
$0
Estimated monthly cost
$2,455

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

One-time closing costs

Ontario land transfer tax
$4,474
Toronto municipal land transfer tax
$4,474
Estimated closing costs
$8,947

Plus your down payment of $79,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,141/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

$210,748Total interest paid
$530,668Total of all payments
Principal $319,920 Interest $210,748
YearPrincipalInterestBalance
1$7,139$14,087$312,781
2$7,463$13,763$305,317
3$7,802$13,424$297,515
4$8,157$13,070$289,359
5$8,527$12,700$280,832
6$8,914$12,313$271,918
7$9,319$11,908$262,599
8$9,742$11,485$252,857
9$10,184$11,043$242,673
10$10,647$10,580$232,026
11$11,130$10,097$220,896
12$11,635$9,591$209,261
13$12,164$9,063$197,097
14$12,716$8,511$184,381
15$13,293$7,933$171,088
16$13,897$7,330$157,191
17$14,528$6,699$142,664
18$15,187$6,039$127,476
19$15,877$5,350$111,599
20$16,598$4,629$95,001
21$17,351$3,875$77,650
22$18,139$3,087$59,511
23$18,963$2,264$40,548
24$19,824$1,403$20,724
25$20,724$503$0

At the end of your 5-year term

Total paid over the term
$106,134
Principal paid down
$39,088
Interest paid
$67,045
Balance remaining
$280,832

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
From 34 whole-home leases in Bendale$2,154/mo
$25,848Gross annual rent
3.5%Cap rate after taxes and upkeep
$2,046 to $2,262Typical rent range
~24 daysTo find a tenant, on average

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

Talk about the numbers

The last 34 whole-home leases in Bendale signed at a median of $2,317 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,154. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

6.5%
Gross yield
− Property tax $2,044− Condo fees $6,196− Insurance $600− Vacancy & upkeep $2,843Net operating income $14,165

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

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