1307-250 Scarlett Road, Toronto, ON

Rockcliffe-Smythe, Toronto · MLS® W13459170

$419,000
For Sale
Listed 30 days ago
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1Bedrooms
1Bathrooms
1Garage
800-899Sq Ft

About this home

Discover the potential of this spacious 1-bedroom suite in the heart of Lambton Square. Offering an oversized floor plan rarely found in today's market, this home features generous principal rooms, a full-length balcony, ensuite laundry, and ample storage throughout. Whether you're a first-time buyer or downsizer, this is an excellent opportunity to renovate, personalize, and build value in a well-established community.Surrounded by mature trees, walking trails, the Humber River, James Gardens, and several nearby golf courses, Lambton Square offers a lifestyle that's hard to replicate in the city. Residents enjoy a peaceful, park-like setting while remaining exceptionally connected to the rest of Toronto.Commuters will appreciate being just minutes from Mount Dennis Station, one of Toronto's newest transit hubs, providing access to the TTC, GO Transit, and UP Express. Reach Union Station and Pearson Airport in a jiffy while enjoying convenient access to major highways including the 401, 400, and 427. With shopping, dining, recreation, and everyday conveniences all within easy reach, this is a rare opportunity to secure exceptional space and value in one of Toronto's most established condominium communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13459170
Bedrooms
1
Bathrooms
1
Size
800-899
Cross streets
Scarlett/East Drive
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$686/mo
Exposure
North East
Property tax
$1,941 / 2026
Days on market
30
Listing brokerage
RE/MAX CONDOS PLUS CORPORATION

Rooms

Dining RoomFlat4.05 × 3.05 m

overlooks living · double closet

KitchenFlat3.40 × 2.26 m

eat-in kitchen · b/i dishwasher

LaundryFlat1.52 × 1.52 m
Living RoomFlat3.66 × 5.38 m

w/o to balcony · window floor to ceiling · sunken room

Primary BedroomFlat4.81 × 3.48 m

double closet · window

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is Roselands 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Scarlett Rd at East Dr is about a 2-minute walk away.

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.
  • Development potential: upside only if zoning permits, verify with the city before relying on it.
  • Value driver
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$528kavg asking

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

701-45 Sunrise Avenue$375k907-195 wynford Drive$469k1111-77 Harbour Square$699k1412-205 Sherway Gardens Road$549k406-800 Lawrence Avenue$549k

The 5 closest of 8 active listings nearby.

See all comparable homes
419kThis home375k469k699k549k549kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $549K
$493this home / sqft
79active listings nearby
30days on market

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Rockcliffe-Smythe, 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.

Getting around

63/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Scarlett Rd at East Dr, about 129 m away

20+ transit stops3 grocery20+ dining20+ parks8 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Mimico
$800K
Annex
$1.39M
Waterfront Communities C1
$688K
Church-Yonge Corridor
$574K
Waterfront Communities C8
$998K

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 Roselands Public School
50%
Roselands Public SchoolPublic · Elementary · 0.9 km awayBelow the GTA average · 50% meet the provincial standard
Frank Oke Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$1,910/mo
$94KIncome needed
4.4×Price ÷ income
$441Weekly 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.

69%mortgage
Mortgage $1,910Property tax $162Condo fee $686Total carry $2,757

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,789per month

Mortgage amount $335,200 · 4.14% over 25 years

$83,800Down payment (20.0%)
$335,200Loan before insurance
$0CMHC premium
$2,637Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,789
Property tax
$162
Condo / maintenance fees
$686
Heating
$0
Estimated monthly cost
$2,637

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

One-time closing costs

Ontario land transfer tax
$4,855
Toronto municipal land transfer tax
$4,855
Estimated closing costs
$9,710

Plus your down payment of $83,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,173/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

$201,425Total interest paid
$536,625Total of all payments
Principal $335,200 Interest $201,425
YearPrincipalInterestBalance
1$7,853$13,612$327,347
2$8,181$13,284$319,166
3$8,523$12,942$310,643
4$8,880$12,585$301,763
5$9,251$12,214$292,512
6$9,638$11,827$282,874
7$10,041$11,424$272,833
8$10,461$11,004$262,371
9$10,899$10,566$251,473
10$11,355$10,110$240,118
11$11,830$9,635$228,288
12$12,325$9,140$215,964
13$12,840$8,625$203,123
14$13,377$8,088$189,746
15$13,937$7,528$175,810
16$14,520$6,945$161,290
17$15,127$6,338$146,163
18$15,760$5,705$130,403
19$16,419$5,046$113,984
20$17,106$4,359$96,879
21$17,821$3,644$79,058
22$18,567$2,898$60,491
23$19,343$2,122$41,148
24$20,152$1,313$20,995
25$20,995$470$0

At the end of your 5-year term

Total paid over the term
$107,325
Principal paid down
$42,688
Interest paid
$64,637
Balance remaining
$292,512

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$2,700/mo
$32,400Gross annual rent
4.3%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.

7.7%
Gross yield
− Property tax $1,941− Condo fees $8,229− Insurance $600− Vacancy & upkeep $3,564Net operating income $18,066

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

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