188 Bonis Avenue Unit #221, Toronto E05

Price: $668,000

3 bedrooms, 3 bathrooms

1,800 sqft

Property Type: Condo

MLS#: E13807264

* Tridel - Built 3 Storey Townhouse * Walking Distance To Kennedy/Sheppard Shopping Mall * Good Location - Convenience To All Amenities * Very Spacious Room Size * Unit Approx 1,955 Square Feet * Suitable For Large Family Or Live-In and Rent-Out Together *

188 Bonis Avenue Unit #221 - Condo photo 1 of 23 in Scarborough Village / Eglinton East, Ontario
188 Bonis Avenue Unit #221 - Condo photo 2 of 23 in Scarborough Village / Eglinton East, Ontario
188 Bonis Avenue Unit #221 - Condo photo 3 of 23 in Scarborough Village / Eglinton East, Ontario
188 Bonis Avenue Unit #221 - Condo photo 4 of 23 in Scarborough Village / Eglinton East, Ontario
188 Bonis Avenue Unit #221 - Condo photo 5 of 23 in Scarborough Village / Eglinton East, Ontario
188 Bonis Avenue Unit #221 - Condo photo 6 of 23 in Scarborough Village / Eglinton East, Ontario
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$668,000 - 188 Bonis Avenue Unit #221, Scarborough Village

Condo for Sale in Scarborough Village

Neighbourhood: Tam O'Shanter-Sullivan

3Beds
3Baths
1,800Sq Ft
Condo

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Property Details
MLS Number
E13807264
Property Type
Condo
Status
active
Days on Site
17
Bedrooms
3
Bathrooms
3
Square Feet
1,800 sqft
Neighbourhood
Scarborough Village / Eglinton East
Taxes (2026)
$3,491
Maintenance Fees
$1,108/mo
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
TRADEWORLD REALTY INC
Description

* Tridel - Built 3 Storey Townhouse * Walking Distance To Kennedy/Sheppard Shopping Mall * Good Location - Convenience To All Amenities * Very Spacious Room Size * Unit Approx 1,955 Square Feet * Suitable For Large Family Or Live-In and Rent-Out Together *

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,427.19/mo

Includes CMHC insurance ($18,637)

$
$
5%10%50%

5-yr fixed avg.

Principal: $601,200Interest: $408,319
Mortgage Amount$619,837
Total Interest$408,319
Est. Property Tax$473/mo
Total Cost$1,028,156

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: Tam O'Shanter-Sullivan

Discover Tam O'Shanter-Sullivan

Tam O'Shanter-Sullivan 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 Tam O'Shanter-Sullivan

  • •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

Tam O'Shanter-Sullivan 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

188 Bonis Avenue Unit #221, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,400/mo
Range: $2,890 - $3,910
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,400
Maintenance Fees-$1,108
Property Tax (est.)-$473
Insurance (est.)-$139
Net Cash Flow+$1,680

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 $371/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.

Market Position

At 17 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 $1108/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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Tam O'Shanter-Sullivan

I know Tam O'Shanter-Sullivan 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.

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    188 Bonis Avenue Unit #221 | $668,000 | Battaglia Team