180 Markham Road Unit 1704, Toronto E08

Price: $379,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: E13872432

Welcome to 180 Markham Rd #1704, a spacious 3-bedroom, 2-bathroom penthouse condo with breathtaking panoramic views of Lake Ontario and the Toronto skyline. This bright, airy suite with two separate balconies offers an incredible opportunity to own in the heart of Scarborough Village at an unbeatable value. The unit is well cared for and fully livable, but ready for your personal touch and updates to make it truly your own. With generous principal rooms, ample storage, and endless natural light, this is the perfect place to create lasting memories. Whether you're a first-time homebuyer, a young family seeking space and convenience, retirees looking for a peaceful home near the lake, or a student at U of T Scarborough, this condo checks all the boxes. TTC is right at your doorstep, shopping and schools are within walking distance, and the Bluffs, GO Station, and Hwy 401 are just minutes away. Offers anytime. Don't miss this opportunity to unlock the potential of one of Toronto's best-kept secrets! Please note, Condo fees have been paid to the end of 2026.

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New Listing
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$379,000 - 180 Markham Road Unit 1704, Scarborough

Condo for Sale in Scarborough

New — Listed today

Neighbourhood: Scarborough Village

3Beds
2Baths
1,200Sq Ft
Condo

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Property Details
MLS Number
E13872432
Property Type
Condo
Status
active
Days on Site
0
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Scarborough Town Centre
Taxes (2025)
$1,297
Maintenance Fees
$1,126/mo
Locker
Exclusive
Exposure
South East
Balcony
Open
Listing Brokerage
RE/MAX PROFESSIONALS INC.
Description

Welcome to 180 Markham Rd #1704, a spacious 3-bedroom, 2-bathroom penthouse condo with breathtaking panoramic views of Lake Ontario and the Toronto skyline. This bright, airy suite with two separate balconies offers an incredible opportunity to own in the heart of Scarborough Village at an unbeatable value. The unit is well cared for and fully livable, but ready for your personal touch and updates to make it truly your own. With generous principal rooms, ample storage, and endless natural light, this is the perfect place to create lasting memories. Whether you're a first-time homebuyer, a young family seeking space and convenience, retirees looking for a peaceful home near the lake, or a student at U of T Scarborough, this condo checks all the boxes. TTC is right at your doorstep, shopping and schools are within walking distance, and the Bluffs, GO Station, and Hwy 401 are just minutes away. Offers anytime. Don't miss this opportunity to unlock the potential of one of Toronto's best-kept secrets! Please note, Condo fees have been paid to the end of 2026.

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Estimate your monthly payments for this property

Estimated Payment

$1,944.47/mo

Includes CMHC insurance ($10,574)

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5-yr fixed avg.

Principal: $341,100Interest: $231,666
Mortgage Amount$351,674
Total Interest$231,666
Est. Property Tax$268/mo
Total Cost$583,340

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: Scarborough Village

Discover Scarborough Village

Scarborough Village 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 Scarborough Village

  • •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

Scarborough Village 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

180 Markham Road Unit 1704, Scarborough Town Centre

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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)
4.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$1,126
Property Tax (est.)-$268
Insurance (est.)-$79
Net Cash Flow+$1,447

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 $316/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 $1126/month fees should cover building insurance, common elements, and reserve contributions.

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 Scarborough Village

I know Scarborough Village 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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    180 Markham Road Unit 1704 | $379,000 | Battaglia Team