804-260 Scarlett Road, Toronto, ON
Rockcliffe-Smythe, Toronto · MLS® W13546124
About this home
Welcome to Resort-Style Urban Living at the prestigious Lambton Square Condominiums. Nestled along the winding banks of the historic Humber River, Lambton Square seamlessly blends outdoor adventure with urban accessibility. This sprawling 1,070-square-foot, 3-bedroom, 2-bathroom unit comes with one locker & 2 rare car parking spaces in tandem! (exclusive use of only 1 car parking space but the space is large enough to park 2 cars in tandem) and is In excellent turn-key condition! Just move right in or could easily rent in its current condition! Newer windows, furnace coils and thermostats with two separate controlled temperature zones! This large suite offers a rare combination of generous mid-rise proportions for a growing family, modern functionality, and breathtaking natural scenery - The walk-out balcony offers breathtaking unobstructed south & south east views stretching across the city skyline! Enjoy every morning sipping your hot coffee while viewing the beautiful sunrise! Lambton Square is renowned for its premium, resort-inspired amenities that make everyday living feel like a vacation. Take a dip in the pristine outdoor pool and sundeck, unwind in the sauna, or stay active in the fully equipped fitness centre. Enjoy easy access to TTC transit right at your doorstep with quick bus connections to Runnymede Station (Line 2) and easy access to major highways (400/401/427) and the Eglinton Crosstown LRT. Steps from the Humber River valley trails, the manicured lawns of James Gardens, and the fairways of the Scarlett Woods and Lambton Golf clubs. The all-inclusive maintenance fees includes electricity, gas, water, central air and a premium Rogers Ignite package including High-Speed Internet, Cable TV, Crave, HBO, and Sports channels!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13546124
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1000-1199
- Cross streets
- Scarlett Rd. and East Drive
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Foundation
- Concrete
- Maintenance
- $1,161/mo
- Exposure
- South
- Property tax
- $2,458 / 2025
- Days on market
- 8
- Listing brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Rooms
balcony · south view
Listed at $495,000, this home is about 27% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Rockcliffe-Smythe, so I widened the search to the surrounding area.
Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $614K, a close match. 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, listed at $1.11M
- Adjusts to $1.11M
That comparable adjusts to $1.11M; the $675K estimate above is the median of all 12 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
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.
Total price vs nearby homes. Fair value about $675K, median of 12 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Value driver
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesOn the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rockcliffe-Smythe, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 120 m away
Within a 15-minute (1.5 km) walk.
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.
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 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $396,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,113
- Property tax
- $205
- Condo / maintenance fees
- $1,161
- Heating
- $0
- Estimated monthly cost
- $3,479
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,375
- Toronto municipal land transfer tax
- $6,375
- Estimated closing costs
- $12,750
Plus your down payment of $99,000. 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
- $126,792
- Principal paid down
- $50,431
- Interest paid
- $76,361
- Balance remaining
- $345,569
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.