1510-2466 Eglinton Avenue, Toronto, ON

Eglinton East, Toronto · MLS® E13824438

$499,000
For Sale
Listed 25 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Discover this bright and airy 2-bedroom plus den, 2-bathroom condo in sought-after Rainbow Village.
  • This building boasts an incredible array of amenities, including a swimming pool, sauna, modern gym, squash court, basketball court, and fun zones like a children's...
  • Enjoy peace of mind with 24-hour security and the convenience of onsite daycare and commercial laundry.

Discover this bright and airy 2-bedroom plus den, 2-bathroom condo in sought-after Rainbow Village. Step into a lifestyle where every day feels like a staycation! This building boasts an incredible array of amenities, including a swimming pool, sauna, modern gym, squash court, basketball court, and fun zones like a children's park, billiards room, and table tennis. With three party rooms, you'll have space to entertain any crowd. Enjoy peace of mind with 24-hour security and the convenience of onsite daycare and commercial laundry. Located in a prime Scarborough location, you're just minutes from Kennedy Station (TTC/GO/LRT)making your commute a breeze. Don't miss this opportunity! Pictures are virtually staged.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13824438
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Kennedy/Eglinton Ave E.
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$683/mo
Exposure
North
Property tax
$1,848 / 2025
Days on market
25
Listing brokerage
CMI REAL ESTATE INC.

Rooms

FoyerMain4.23 × 1.82 m
Bedroom 2Main3.83 × 2.68 m
Living RoomMain2.54 × 5.76 m

Combined w/Den

Dining RoomMain3.18 × 3.17 m
BathroomMain2.43 × 1.49 m
KitchenMain4.33 × 3.17 m
BathroomMain1.44 × 2.56 m

3 Pc Ensuite

Primary BedroomMain4.79 × 3.12 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$483Klikely sale price

Listed at $499,000. Going by how homes in Eglinton East and the wider GTA have actually closed against their asking prices (about 97%, 12 local closings in 90 days), the likely sale price is near $483K, if it sells. A realistic range is $455K to $523K.

Independent value check: $470K. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $438K and $494K).

Why $470K. The typical condo sold in Eglinton East over the past year went for about $406K (33 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $1,848 a year; the typical home sold here pays about $1,400.
  • ▲ Raises itIt is 1,000 to 1,199 sq ft; the typical home sold here is 800 to 899.
List price
$455KBelow recent closings$523KAbove recent closings

Total price vs nearby homes. Likely closing about $483K, from 12 recent closings in this pocket.

The market behind the math:

12sold nearby · 90 days
$395Kmedian sold price
93%of asking, on average
−27%prices vs a year ago
~37 dayshomes like this take to sell
25days on market so far
$2,795/moest. rent · 14 leases
6.7%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.5 months of inventory: 18 condo apartment homes for sale in the area against 12 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 $454/sqft against an area asking average of $412/sqft.

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 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $500K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit

The assigned public school is Lord Roberts 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.

Based on 8 homes sold in this building over the past two years, from 72 closings in Eglinton East.

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K885

Neighbourhood & location

Eglinton East, 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
$543K
North St. James Town
$765K
Moss Park
$549K
Church-Yonge Corridor
$876K
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 Lord Roberts Junior Public School
69%
Lord Roberts Junior Public SchoolPublic · Elementary · 0.8 km awayAround the GTA average · 69% meet the provincial standard
Charles Gordon Senior Public SchoolEQAO results not published
Alternative Scarborough Education 1EQAO results not published
Also nearby: 12 more schools within 2.5 km
St Joan of Arc Catholic Academy · Catholic secondary0.4 km · 61% at standard
St Maria Goretti Catholic School · Catholic elementary0.6 km · 56% at standard
Glen Ravine Junior Public School · Public elementary0.7 km · 62% at standard
Scarborough Centre for Alternative Studi · Public secondary0.8 km
Caring and Safe School 3 · Public secondary0.8 km
South East Secondary Alternative School · Public secondary0.8 km
Walter Perry Junior Public School · Public elementary0.8 km · 66% at standard
Corvette Junior Public School · Public elementary0.9 km · 60% at standard
Robert Service Senior Public School · Public elementary1.0 km
Ionview Public School · Public elementary1.1 km · 64% at standard
Hunter's Glen Junior Public School · Public elementary1.3 km · 66% at standard
Knob Hill Public School · Public elementary1.5 km · 57% at standard

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

Affordability & Mortgage

Affordability
$2,274/mo
$108KIncome needed
4.6×Price ÷ income
$525Weekly cost
$12,910Land 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 $2,274Property tax $154Condo fee $683Total carry $3,111

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,207per month

Mortgage amount $399,200 · 4.49% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$3,044Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,207
Property tax
$154
Condo / maintenance fees
$683
Heating
$0
Estimated monthly cost
$3,044

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

One-time closing costs

Ontario land transfer tax
$6,455
Toronto municipal land transfer tax
$6,455
Estimated closing costs
$12,910

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,672/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

$262,974Total interest paid
$662,174Total of all payments
Principal $399,200 Interest $262,974
YearPrincipalInterestBalance
1$8,908$17,578$390,292
2$9,313$17,174$380,979
3$9,736$16,751$371,243
4$10,178$16,309$361,065
5$10,640$15,847$350,425
6$11,123$15,364$339,302
7$11,628$14,859$327,674
8$12,156$14,331$315,518
9$12,708$13,779$302,810
10$13,285$13,202$289,525
11$13,888$12,599$275,637
12$14,519$11,968$261,118
13$15,178$11,309$245,940
14$15,867$10,620$230,073
15$16,587$9,899$213,486
16$17,341$9,146$196,145
17$18,128$8,359$178,017
18$18,951$7,536$159,066
19$19,811$6,675$139,255
20$20,711$5,776$118,544
21$21,651$4,836$96,893
22$22,634$3,853$74,258
23$23,662$2,825$50,596
24$24,736$1,750$25,860
25$25,860$627$0

At the end of your 5-year term

Total paid over the term
$132,435
Principal paid down
$48,775
Interest paid
$83,660
Balance remaining
$350,425

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 14 whole-home leases in Eglinton East$2,795/mo
$33,540Gross annual rent
3.8%Cap rate after taxes and upkeep
$2,655 to $2,934Typical rent range
~41 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 14 whole-home leases in Eglinton East signed at a median of $2,744 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,795. 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.

6.7%
Gross yield
− Property tax $1,848− Condo fees $8,198− Insurance $600− Vacancy & upkeep $3,689Net operating income $19,205

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CMI REAL ESTATE INC.. MLS®/PropTx.

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