15 Torrance Road Unit 411, Toronto E08

Price: $365,000

2 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: E13831278

Welcome to this beautifully updated 1 Bedroom + Den condo offering an exceptional combination of style, functionality and value, just steps from Eglinton GO Station. This owner-occupied suite has undergone extensive renovations and is truly move-in ready. The bright, functional layout features an upgraded kitchen with updated appliances, new electrical panel (2024), ensuite laundry and thoughtfully updated finishes throughout. Unlike many traditional condo dens, the spacious enclosed den features a real window, creating a bright and versatile room ideal for a home office, guest room or private study. One of the standout features is the exceptional value offered by the maintenance fees, which include Heat, Hydro, Water, Building Insurance, High-Speed Internet and Bell Fibe TV, helping keep monthly expenses simple and predictable. Residents enjoy an outdoor pool, gym, sauna, games room, party room, meeting room, visitor parking and security features. With Eglinton GO practically at your doorstep, plus nearby TTC, schools, shopping, restaurants and everyday amenities, commuting across the city or into downtown is easy. Amazing value per sqft and excellent turnkey opportunity for first-time buyers, professionals, downsizers or investors looking for a beautifully finished condo with outstanding transit access and value in Toronto.

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$365,000 - 15 Torrance Road Unit 411, Scarborough

Condo for Sale in Scarborough

Popular Listing

Neighbourhood: Eglinton East

2Beds
1Baths
800Sq Ft
Condo

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Property Details
MLS Number
E13831278
Property Type
Condo
Status
active
Days on Site
12
Bedrooms
2
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Scarborough Town Centre
Taxes (2025)
$1,048
Maintenance Fees
$862/mo
Locker
Ensuite
Exposure
North
Balcony
Open
Listing Brokerage
EXP REALTY
Description

Welcome to this beautifully updated 1 Bedroom + Den condo offering an exceptional combination of style, functionality and value, just steps from Eglinton GO Station. This owner-occupied suite has undergone extensive renovations and is truly move-in ready. The bright, functional layout features an upgraded kitchen with updated appliances, new electrical panel (2024), ensuite laundry and thoughtfully updated finishes throughout. Unlike many traditional condo dens, the spacious enclosed den features a real window, creating a bright and versatile room ideal for a home office, guest room or private study. One of the standout features is the exceptional value offered by the maintenance fees, which include Heat, Hydro, Water, Building Insurance, High-Speed Internet and Bell Fibe TV, helping keep monthly expenses simple and predictable. Residents enjoy an outdoor pool, gym, sauna, games room, party room, meeting room, visitor parking and security features. With Eglinton GO practically at your doorstep, plus nearby TTC, schools, shopping, restaurants and everyday amenities, commuting across the city or into downtown is easy. Amazing value per sqft and excellent turnkey opportunity for first-time buyers, professionals, downsizers or investors looking for a beautifully finished condo with outstanding transit access and value in Toronto.

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Estimate your monthly payments for this property

Estimated Payment

$1,872.64/mo

Includes CMHC insurance ($10,184)

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5-yr fixed avg.

Principal: $328,500Interest: $223,108
Mortgage Amount$338,684
Total Interest$223,108
Est. Property Tax$259/mo
Total Cost$561,792

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

15 Torrance Road Unit 411, Scarborough Town Centre

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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)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$862
Property Tax (est.)-$259
Insurance (est.)-$76
Net Cash Flow+$1,003

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 $456/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. The $862/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 800 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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