100 Echo Point Unit Ph07, Toronto E05

Price: $499,900

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: E13503092

Welcome to this beautifully renovated 3-bedroom, 1.5-bathroom penthouse-level suite at 100 Echo Point in the heart of Scarborough. Offering generous living space, this bright and inviting home features an updated kitchen with modern finishes, renovated bathrooms, stylish flooring, and a spacious open-concept living and dining area ideal for both everyday living and entertaining. Situated on the penthouse level, enjoy unobstructed views, an abundance of natural light, and added privacy. The functional layout offers three well-proportioned bedrooms, making it an excellent choice for families, first-time buyers, or investors.Conveniently located just steps from Bridlewood Mall, Metro, 24 hour TTC transit lines on Warden and finch, schools, parks, restaurants, banks, and everyday amenities, with quick access to Highways 401 and 404 for an easy commute. Residents also enjoy excellent building amenities including an outdoor pool, tennis court, fitness centre, sauna, party room, visitor parking, and security/concierge. A fantastic opportunity to own a move-in-ready home in a well-established community.

100 Echo Point Unit Ph07 - Condo photo 1 of 36 in Scarborough Village / Eglinton East, Ontario
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New Listing
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$499,900 - 100 Echo Point Unit Ph07, Scarborough Village

Condo for Sale in Scarborough Village

New — Listed 5 days ago

Neighbourhood: L'Amoreaux

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
E13503092
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
ROSEMOUNT REALTY AND ASSOCIATES LTD.
Description

Welcome to this beautifully renovated 3-bedroom, 1.5-bathroom penthouse-level suite at 100 Echo Point in the heart of Scarborough. Offering generous living space, this bright and inviting home features an updated kitchen with modern finishes, renovated bathrooms, stylish flooring, and a spacious open-concept living and dining area ideal for both everyday living and entertaining. Situated on the penthouse level, enjoy unobstructed views, an abundance of natural light, and added privacy. The functional layout offers three well-proportioned bedrooms, making it an excellent choice for families, first-time buyers, or investors.Conveniently located just steps from Bridlewood Mall, Metro, 24 hour TTC transit lines on Warden and finch, schools, parks, restaurants, banks, and everyday amenities, with quick access to Highways 401 and 404 for an easy commute. Residents also enjoy excellent building amenities including an outdoor pool, tennis court, fitness centre, sauna, party room, visitor parking, and security/concierge. A fantastic opportunity to own a move-in-ready home in a well-established community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

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5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: L'Amoreaux

Discover L'Amoreaux

L'Amoreaux is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in L'Amoreaux

  • Convenient location in Scarborough Village / Eglinton East
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

L'Amoreaux offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

100 Echo Point Unit Ph07, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,682

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $417/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Scarborough Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About L'Amoreaux

I know L'Amoreaux well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    100 Echo Point Unit Ph07 | $499,900 | Battaglia Team