1504-50 Town Centre Court, Toronto, ON
Bendale, Toronto · MLS® E13876296
About this home
In short
- Introducing Suite 1504 at 50 Town Centre Court - a beautifully maintained modern 1-bedroom + den offering parking, locker, and an exceptional urban lifestyle in the...
- Residents enjoy a full suite of amenities, including a 24-hour concierge, fitness centre, party room, visitor parking, and a dedicated movie room for relaxing or...
- This unbeatable location places you steps from Scarborough Town Centre, TTC transit, shops, dining, parks, and just minutes from Hwy 401, 404, and the DVP.
Introducing Suite 1504 at 50 Town Centre Court - a beautifully maintained modern 1-bedroom + den offering parking, locker, and an exceptional urban lifestyle in the heart of Scarborough Town Centre. This inviting suite features a bright, open layout with a seamless living and dining space, floor-to-ceiling windows, and a walk-out to a private balcony showcasing wide south-west city views and warm natural light throughout the day. The kitchen is finished with granite countertops and full-sized stainless steel appliances, providing both style and functionality. The den serves as a flexible bonus space - ideal for a dedicated home office or a comfortable guest area. One parking space and one locker are included for everyday convenience. Residents enjoy a full suite of amenities, including a 24-hour concierge, fitness centre, party room, visitor parking, and a dedicated movie room for relaxing or entertaining. This unbeatable location places you steps from Scarborough Town Centre, TTC transit, shops, dining, parks, and just minutes from Hwy 401, 404, and the DVP. A fantastic opportunity for first-time buyers, investors, or professionals seeking a move-in-ready home in a vibrant, well-connected community. **Some Photos are original some are virtually staged to help visualize the potential**
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- E13876296
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 1
- Size
- 500-599 sq ft
- Cross streets
- McCowan & Ellesmere
- Parking
- 1 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $516/mo
- Exposure
- East
- Property tax
- $1,998 / 2025
- Days on market
- 11
- Listing brokerage
- LPT Realty
Rooms
laminate · stainless steel appl · granite counters
laminate · combined w/dining · w/o to balcony
laminate · combined w/living · window floor to ceiling
laminate · combined w/living · window floor to ceiling
laminate · combined w/dining · w/o to balcony
laminate · combined w/dining · w/o to balcony
laminate · combined w/living · open concept
granite counters · stainless steel appl · backsplash
broadloom · closet · window floor to ceiling
laminate · window floor to ceiling · open concept
granite counters · stainless steel appl · backsplash
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: $370K. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $344K and $389K).
Why $370K. 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 itIts tax bill, which follows the city's own assessment, is $1,998 a year; the typical home sold here pays about $2,200.
- ▼ Lowers itIt is 500 to 599 sq ft; the typical home sold here is 700 to 799.
- ▲ Raises it slightlyIts maintenance fee is $516 a month; the typical unit sold here pays about $740.
Total price vs nearby homes. Likely closing about $385K, from 24 recent closings in this pocket.
The market behind the math:
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.
Price per square foot: this home lists at $728/sqft against an area asking average of $665/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 24 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $385K. Condition and finishes remain an in-person call.
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 24 comparable homes that sold in Bendale over the past two years, from 185 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $671/sqft; this home lists at $728/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold 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.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $520K | 13 |
| November 2025 | $500K | 8 |
| December 2025 | $428K | 7 |
| February 2026 | $538K | 10 |
| March 2026 | $520K | 11 |
| April 2026 | $441K | 13 |
| May 2026 | $495K | 7 |
| June 2026 | $415K | 12 |
| July 2026 | $415K | 11 |
| August 2026 | $405K | 7 |
| September 2026 | $488K | 10 |
Neighbourhood & location
Bendale, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $319,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,769
- Property tax
- $167
- Condo / maintenance fees
- $516
- Heating
- $0
- Estimated monthly cost
- $2,451
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
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
- $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.
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 numbersThe last 5 whole-home leases in Bendale signed at a median of $2,202 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,124. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LPT Realty. MLS®/PropTx.