$999,999 - 20 Guildwood Parkway Unit 706, Scarborough
Condo for Sale in Scarborough
Popular ListingNeighbourhood: Guildwood
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- MLS Number
- E13833560
- Property Type
- Condo
- Status
- active
- Days on Site
- 9
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- Scarborough Town Centre
- Taxes (2026)
- $4,190
- Maintenance Fees
- $1,353/mo
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Welcome to 20 Guildwood Pkwy, Unit 706! Situated on a higher floor, this exceptional suite offers expansive, elevated views and a wonderful sense of openness. This Unit has it all! Experience 1,622 sq. ft. of beautifully updated living space in the desirable Avondale Model, offering 2 bedrooms + Den, 2 full bathrooms and stunning lake views. Step directly onto the balcony from both bedrooms and the den and enjoy the tranquil setting. The spacious primary suite features three closets, one being a walk-in, while the separate laundry room and additional in-suite storage/pantry adds exceptional convenience and value. The kitchen has been stylishly refreshed with new quartz countertops, backsplash and refaced cabinetry, complemented by newer stainless-steel appliances. Laminate floor and bedroom carpeting updated approx 2025. Enjoy two underground tandem parking spaces conveniently located near the elevator, plus an owned ground-floor locker. This exceptional community offers over 10 acres of beautifully manicured gardens and an incredible array of amenities including 24-hour gatehouse security, indoor saltwater pool, whirlpool, sauna, gym, tennis / pickleball courts, golf simulator, outdoor putting green, outdoor terraces with BBQ's, billiards, library, guest suites and more. With Guildwood GO Station within walking distance, this is a rare opportunity to enjoy space, comfort, resort-style amenities and breathtaking lake-oriented living in Toronto's beautiful Guildwood community. Monthly maintenance includes: water, hydro, subsidized cable, internet, furnace filter change and change of LED potlight bulbs. Please note there is a No dogs policy in the builing.
Estimate your monthly payments for this property
Estimated Payment
$5,130.51/mo
Includes CMHC insurance ($27,900)
5-yr fixed avg.
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.
Discover Guildwood
Guildwood 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 Guildwood
- •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
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
Guildwood 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.
20 Guildwood Parkway Unit 706, Scarborough Town Centre
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $625/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 $1353/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 Guildwood
I know Guildwood 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.
Investment Perspective
Looking at this as an investment: Scarborough properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.