1038 McNicoll Avenue Unit 313, Toronto E05

Price: $368,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: E13676848

Welcome to Vintage Garden 1! A Prestigious Life Lease Community For Independent Senior Living (55+). This Beautifully Maintained, Highly Functional 1-bedroom plus den (1+1) Suite Features Brand-new Vinyl Flooring, 9-Foot Ceilings, An Open-Concept Layout and Granite Countertop. The Spacious Den Includes A Large Window And Offers A Bright, Versatile Space For Home Office Or 2nd Bedroom, A Private Walk-out Balcony Showcases A Beautiful, Unobstructed View. Designed For Comfort And Peace Of Mind, The Suite Includes Senior-Friendly Safety Features In The Washroom. Enjoy A Secure, Worry-Free Lifestyle With Top-Tier Amenities, including 24-hour Security, An On-site Medical Clinic, Full-Service Dining, Shuttle Service, Social Programs, And Outdoor Gardens, A Perfect Blend Of Comfort, Convenience, And Vibrant Community Living!

1038 McNicoll Avenue Unit 313 - Condo photo 1 of 25 in Scarborough Village / Eglinton East, Ontario
1038 McNicoll Avenue Unit 313 - Condo photo 2 of 25 in Scarborough Village / Eglinton East, Ontario
1038 McNicoll Avenue Unit 313 - Condo photo 3 of 25 in Scarborough Village / Eglinton East, Ontario
1038 McNicoll Avenue Unit 313 - Condo photo 4 of 25 in Scarborough Village / Eglinton East, Ontario
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1038 McNicoll Avenue Unit 313 - Condo photo 17 of 25 in Scarborough Village / Eglinton East, Ontario
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$368,000 - 1038 McNicoll Avenue Unit 313, Scarborough Village

Condo for Sale in Scarborough Village

Popular Listing

Neighbourhood: Steeles

2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
E13676848
Property Type
Condo
Status
active
Days on Site
9
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
CENTURY 21 ATRIA REALTY INC.
Description

Welcome to Vintage Garden 1! A Prestigious Life Lease Community For Independent Senior Living (55+). This Beautifully Maintained, Highly Functional 1-bedroom plus den (1+1) Suite Features Brand-new Vinyl Flooring, 9-Foot Ceilings, An Open-Concept Layout and Granite Countertop. The Spacious Den Includes A Large Window And Offers A Bright, Versatile Space For Home Office Or 2nd Bedroom, A Private Walk-out Balcony Showcases A Beautiful, Unobstructed View. Designed For Comfort And Peace Of Mind, The Suite Includes Senior-Friendly Safety Features In The Washroom. Enjoy A Secure, Worry-Free Lifestyle With Top-Tier Amenities, including 24-hour Security, An On-site Medical Clinic, Full-Service Dining, Shuttle Service, Social Programs, And Outdoor Gardens, A Perfect Blend Of Comfort, Convenience, And Vibrant Community Living!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,888.03/mo

Includes CMHC insurance ($10,267)

$
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5%10%50%

5-yr fixed avg.

Principal: $331,200Interest: $224,942
Mortgage Amount$341,467
Total Interest$224,942
Est. Property Tax$261/mo
Total Cost$566,409

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: Steeles

Discover Steeles

Steeles 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 Steeles

  • 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

Steeles 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

1038 McNicoll Avenue Unit 313, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$261
Insurance (est.)-$77
Net Cash Flow+$1,407

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 $526/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.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Steeles

I know Steeles 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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    1038 McNicoll Avenue Unit 313 | $368,000 | Battaglia Team