1504-270 Scarlett Road, Toronto, ON

Rockcliffe-Smythe, Toronto · MLS® W14033078

$529,900
For Sale
Listed 5 days agoNo offer date stated
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3Bedrooms
2Bathrooms
2Garage
1000-1199Sq ft

About this home

In short

  • EXCEPTIONAL VALUE @ LAMBTON SQUARE! Rare Opportunity To Own A Spacious 3 Bedroom, 2 Bathroom Suite W 2 Parking Spots Offering Over 1100 Sqft Plus A Large Private...
  • An Excellent Opportunity For End Users Looking To Customize Their Space Or Investors Seeking Potential In A Desirable Building.
  • Residents Enjoy Fantastic Building Amenities Including An Outdoor Pool, Gym, Saunas, Party Room, Library & Car Wash.
  • Convenient Location Close To Shopping, Restaurants, Schools, Transit & Major Highways.

** EXCEPTIONAL VALUE @ LAMBTON SQUARE! ** Rare Opportunity To Own A Spacious 3 Bedroom, 2 Bathroom Suite W 2 Parking Spots Offering Over 1100 Sqft Plus A Large Private Balcony! Generous Sized Principal Rooms, Separate Living & Dining Areas, Three Well-Proportioned Bedrooms, Two Full Bathrooms & Convenient Ensuite Laundry. A Functional Layout With Plenty Of Space To Make Your Own! Offering A Blank Canvas For Buyers With Vision, This Suite Is Ready For Your Personal Touches, Design Ideas & Updates To Create A Home That Truly Reflects Your Style. An Excellent Opportunity For End Users Looking To Customize Their Space Or Investors Seeking Potential In A Desirable Building. Enjoy The Convenience Of All-Inclusive Maintenance Fees Covering Heat, Hydro, Water, Central Air Conditioning, Cable TV, Fibre Internet, Underground Parking & More. Residents Enjoy Fantastic Building Amenities Including An Outdoor Pool, Gym, Saunas, Party Room, Library & Car Wash. Convenient Location Close To Shopping, Restaurants, Schools, Transit & Major Highways. Spacious Suites Like This Are Hard To Find! Bring Your Vision & Unlock The Potential At Lambton Square!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W14033078
Bedrooms
3
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Scarlett Road & East Drive
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$1,004/mo
Exposure
North East
Property tax
$2,501 / 2026
Days on market
5
Listing brokerage
RE/MAX GOLD REALTY INC.

Rooms

KitchenMain4.32 × 2.26 m

vinyl floor · double sink · updated

LaundryMain1.80 × 1.67 m

vinyl floor · b/i shelves · folding door

BathroomMain2.28 × 1.49 m

ceramic floor · 4 pc ensuite · ceramic sink

BathroomMain2.28 × 1.49 m

ceramic floor · 4 pc bath · ceramic sink

Bedroom 2Main3.41 × 2.97 m

vinyl floor · closet · window

Bedroom 3Main3.42 × 2.80 m

vinyl floor · double closet · window

Primary BedroomMain4.63 × 3.25 m

vinyl floor · double closet · window

Dining RoomMain3.86 × 3.15 m

vinyl floor · large closet · overlooks living

Living RoomMain5.46 × 3.71 m

vinyl floor · window floor to ceiling · w/o to balcony

OtherMain5.46 × 2.28 m

concrete floor · balcony · ne view

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

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.

Nearby neighbourhoods

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

Dovercourt-Wallace Emerson-Junction
$640K
Markland Wood
$680K
Niagara
$724K
Kensington-Chinatown
$585K
Waterfront Communities C1
$610K

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 · 0.8 km awayBelow the GTA average · 50% meet the provincial standard
Frank Oke Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
York Humber High School · Public secondary1.2 km
Lambton Park Community School · Public elementary1.3 km · 52% at standard
St Demetrius Catholic School · Catholic elementary1.4 km · 76% at standard
Bala Avenue Community School · Public elementary1.5 km · 51% at standard
George Syme Community School · Public elementary1.6 km · 48% at standard
Westmount Junior School · Public elementary1.7 km · 53% at standard
St James Catholic School · Catholic elementary1.7 km · 88% at standard
Warren Park Junior Public School · Public elementary1.7 km · 74% at standard
Portage Trail Community School · Public elementary1.7 km · 44% at standard
Dennis Avenue Community School · Public elementary1.8 km · 57% at standard
All Saints Catholic School · Catholic elementary1.9 km · 65% at standard
Humber Valley Village Junior Middle School · Public elementary2.0 km · 85% at standard

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

Affordability & Mortgage

Affordability
$2,415/mo
$121KIncome needed
4.4×Price ÷ income
$557Weekly cost
$14,146Land 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.

67%mortgage
Mortgage $2,415Property tax $208Condo fee $1,004Total carry $3,627

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)
$2,344per month

Mortgage amount $423,920 · 4.49% over 25 years

$105,980Down payment (20.0%)
$423,920Loan before insurance
$0CMHC premium
$3,556Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,344
Property tax
$208
Condo / maintenance fees
$1,004
Heating
$0
Estimated monthly cost
$3,556

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

One-time closing costs

Ontario land transfer tax
$7,073
Toronto municipal land transfer tax
$7,073
Estimated closing costs
$14,146

Plus your down payment of $105,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,837/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

$279,258Total interest paid
$703,178Total of all payments
Principal $423,920 Interest $279,258
YearPrincipalInterestBalance
1$9,460$18,667$414,460
2$9,890$18,238$404,570
3$10,339$17,788$394,232
4$10,808$17,319$383,424
5$11,299$16,828$372,125
6$11,812$16,315$360,313
7$12,348$15,779$347,965
8$12,909$15,218$335,056
9$13,495$14,632$321,561
10$14,108$14,020$307,454
11$14,748$13,379$292,706
12$15,418$12,709$277,288
13$16,118$12,009$261,170
14$16,850$11,278$244,320
15$17,615$10,512$226,706
16$18,414$9,713$208,291
17$19,250$8,877$189,041
18$20,125$8,003$168,916
19$21,038$7,089$147,878
20$21,993$6,134$125,885
21$22,992$5,135$102,893
22$24,036$4,091$78,857
23$25,127$3,000$53,729
24$26,268$1,859$27,461
25$27,461$666$0

At the end of your 5-year term

Total paid over the term
$140,636
Principal paid down
$51,795
Interest paid
$88,840
Balance remaining
$372,125

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$3,400/mo
$40,800Gross annual rent
4.0%Cap rate after taxes and upkeep

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 $2,501− Condo fees $12,047− Insurance $600− Vacancy & upkeep $4,488Net operating income $21,164

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

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