20 Gilder Drive Unit PH07, Toronto E08

Price: $489,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: E13523986

Just 2 Mins walking to New Eglinton LRT. A Dream Penthouse Apartment, of Total A-Z Renovated Immaculate Modern Updated Condo Unit. Appx 1500 SFT CLarge Cornet Unit Centre Of Toronto Scarborough North Facing With Modern Interiors, 3 Spacious Bedrooms comes with Window Air-Conditioner in Living room, Open Space Concept Large Living Room, Breakfast Corner in the Kitchen, Large Dining Room, Two Washrooms with Modern Touch Mirrors and LED Lights, In-House almost New Washer-Dryer, Brand New appliances Over the Range Microwave, Dish Washer under two years service warrantee. In suite Laundry room comes with extra store room. His/Her Walking closet with Master Bedroom. Brand New Kitchen Cabinet With Quartz/Granite Countertop & Awesome New Floor Tiles in Kitchen, Floor Heating System, Exclusive super Large Balcony North facing 401/Scarborough Town Center, Waterproof Laminated Flooring All Over The House. Children's Playground On Property. The all-inclusive maintenance fee covers all utilities excluding Hydro, Residents enjoy premium amenities indoor Pool, Gym, Sauna, and secure underground parking. Underground 2 parking spot one owned and one rent for 70/m. Conveniently located 4-5 Min walking distance to Kennedy Subway Station and 2 Min to new LRT Eglinton Subway station. Close to GO Station, 24-hour TTC service, Multiple shopping Mall, Hospital, and more, this home combines comfort, convenience, New broiler machine and New Balcony installed and affordability Great in Choice ! ! ! Monthly Maintenance fees include Water, Heating, Cable , 24 hrs Gym & common elements & building insurance. Wow...

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active
New Listing
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$489,000 - 20 Gilder Drive Unit PH07, Scarborough

Condo for Sale in Scarborough

New — Listed 2 days ago

Neighbourhood: Eglinton East

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
E13523986
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Scarborough Town Centre
Locker
None
Exposure
North
Balcony
Enclosed
Listing Brokerage
VERTICAL MARKETING REALTY
Description

Just 2 Mins walking to New Eglinton LRT. A Dream Penthouse Apartment, of Total A-Z Renovated Immaculate Modern Updated Condo Unit. Appx 1500 SFT CLarge Cornet Unit Centre Of Toronto Scarborough North Facing With Modern Interiors, 3 Spacious Bedrooms comes with Window Air-Conditioner in Living room, Open Space Concept Large Living Room, Breakfast Corner in the Kitchen, Large Dining Room, Two Washrooms with Modern Touch Mirrors and LED Lights, In-House almost New Washer-Dryer, Brand New appliances Over the Range Microwave, Dish Washer under two years service warrantee. In suite Laundry room comes with extra store room. His/Her Walking closet with Master Bedroom. Brand New Kitchen Cabinet With Quartz/Granite Countertop & Awesome New Floor Tiles in Kitchen, Floor Heating System, Exclusive super Large Balcony North facing 401/Scarborough Town Center, Waterproof Laminated Flooring All Over The House. Children's Playground On Property. The all-inclusive maintenance fee covers all utilities excluding Hydro, Residents enjoy premium amenities indoor Pool, Gym, Sauna, and secure underground parking. Underground 2 parking spot one owned and one rent for 70/m. Conveniently located 4-5 Min walking distance to Kennedy Subway Station and 2 Min to new LRT Eglinton Subway station. Close to GO Station, 24-hour TTC service, Multiple shopping Mall, Hospital, and more, this home combines comfort, convenience, New broiler machine and New Balcony installed and affordability Great in Choice ! ! ! Monthly Maintenance fees include Water, Heating, Cable , 24 hrs Gym & common elements & building insurance. Wow...

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,508.82/mo

Includes CMHC insurance ($13,643)

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5-yr fixed avg.

Principal: $440,100Interest: $298,904
Mortgage Amount$453,743
Total Interest$298,904
Est. Property Tax$346/mo
Total Cost$752,647

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

20 Gilder Drive Unit PH07, 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)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$346
Insurance (est.)-$102
Net Cash Flow+$1,692

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 $408/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. We'll want to verify the monthly fees and what they include.

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 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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    20 Gilder Drive Unit PH07 | $489,000 | Battaglia Team