1081 Danforth Road Unit 129, Toronto E08

Price: $485,000

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: E13846864

Exceptional Value & Modern Living Under $485K in Toronto!!!!! Welcome to this contemporary Mattamy-built stacked townhome offering ~956 sq. ft. of thoughtfully designed two-level living space with serene park and green-space views.The main level features a bright, sun-filled open-concept living and dining area, a modern kitchen with sleek quartz countertops and stainless steel appliances, plus a walkout to your private balcony overlooking green space-ideal for relaxing and entertaining.The dedicated lower-level sleeping quarters provide the ultimate in quiet, private comfort-featuring two spacious bedrooms, two full 4-piece bathrooms, and convenient in-suite laundry. This distinct two-level separation keeps entertaining upstairs and restful sleeping downstairs.Includes 1 underground parking space and remarkably low maintenance fees of just $468.23/month (significantly lower total carrying cost than older townhomes in the area). Steps to TTC, minutes to Kennedy Subway & Eglinton GO Station, parks, schools, and shopping. Move-in ready and turnkey!

1081 Danforth Road Unit 129 - Condo photo 1 of 31 in Scarborough Town Centre, Ontario
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active
New Listing

$485,000 - 1081 Danforth Road Unit 129, Scarborough

Condo for Sale in Scarborough

New — Listed 6 days ago

Neighbourhood: Eglinton East

2Beds
2Baths
900Sq Ft
Condo

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Property Details
MLS Number
E13846864
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Scarborough Town Centre
Taxes (2026)
$2,371
Maintenance Fees
$468/mo
Locker
None
Exposure
South East
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

Exceptional Value & Modern Living Under $485K in Toronto!!!!! Welcome to this contemporary Mattamy-built stacked townhome offering ~956 sq. ft. of thoughtfully designed two-level living space with serene park and green-space views.The main level features a bright, sun-filled open-concept living and dining area, a modern kitchen with sleek quartz countertops and stainless steel appliances, plus a walkout to your private balcony overlooking green space-ideal for relaxing and entertaining.The dedicated lower-level sleeping quarters provide the ultimate in quiet, private comfort-featuring two spacious bedrooms, two full 4-piece bathrooms, and convenient in-suite laundry. This distinct two-level separation keeps entertaining upstairs and restful sleeping downstairs.Includes 1 underground parking space and remarkably low maintenance fees of just $468.23/month (significantly lower total carrying cost than older townhomes in the area). Steps to TTC, minutes to Kennedy Subway & Eglinton GO Station, parks, schools, and shopping. Move-in ready and turnkey!

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Estimate your monthly payments for this property

Estimated Payment

$2,488.30/mo

Includes CMHC insurance ($13,532)

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5-yr fixed avg.

Principal: $436,500Interest: $296,459
Mortgage Amount$450,032
Total Interest$296,459
Est. Property Tax$344/mo
Total Cost$746,490

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: Eglinton East

Discover Eglinton East

Eglinton East 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 Eglinton East

  • •Convenient location in Scarborough Town Centre
  • •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

Eglinton East 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

1081 Danforth Road Unit 129, Scarborough Town Centre

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$468
Property Tax (est.)-$344
Insurance (est.)-$101
Net Cash Flow+$1,367

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 $539/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'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. The $468/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 900 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 Eglinton East

I know Eglinton East 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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    1081 Danforth Road Unit 129 | $485,000 | Battaglia Team