228 Bonis Avenue Unit 2510, Toronto E05

Price: $839,000

3 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: E12956964

Tridel Built Luxury Condominium, Large 3 BR, 1539 Sq. Ft., As Per MPAC, Corner Unit, High Level With Panoramic South West North Unobstructed Golf View. Spacious Foyer, Renovated Kitchen & Bathrooms, One Owned Locker + One Separate Large Storage Room (8.8 Ft X 8 Ft.) Next To Parking Spot #223 Shows In Photos. 2 Side-By-Side Parking Spaces. #223 & 205 Level A, Close To The Elevator. Great Facilities - Indoor Pool, Sauna, Party Rm, Gym, Guest Suite, Visitor Parking. Excellent Location, Steps To Agincourt Mall, Medical Centre, Bank, Library & TTC. Minutes To GO Train & Hwy 401.

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$839,000 - 228 Bonis Avenue Unit 2510, Scarborough Village

Condo for Sale in Scarborough Village

94 days on market
3Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
E12956964
Property Type
Condo
Status
active
Days on Site
94
Bedrooms
3
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
Owned
Exposure
South West
Balcony
None
Listing Brokerage
LANDPOWER REAL ESTATE LTD.
Description

Tridel Built Luxury Condominium, Large 3 BR, 1539 Sq. Ft., As Per MPAC, Corner Unit, High Level With Panoramic South West North Unobstructed Golf View. Spacious Foyer, Renovated Kitchen & Bathrooms, One Owned Locker + One Separate Large Storage Room (8.8 Ft X 8 Ft.) Next To Parking Spot #223 Shows In Photos. 2 Side-By-Side Parking Spaces. #223 & 205 Level A, Close To The Elevator. Great Facilities - Indoor Pool, Sauna, Party Rm, Gym, Guest Suite, Visitor Parking. Excellent Location, Steps To Agincourt Mall, Medical Centre, Bank, Library & TTC. Minutes To GO Train & Hwy 401.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,304.50/mo

Includes CMHC insurance ($23,408)

$
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5-yr fixed avg.

Principal: $755,100Interest: $512,843
Mortgage Amount$778,508
Total Interest$512,843
Est. Property Tax$594/mo
Total Cost$1,291,351

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 / Eglinton East

Discover Scarborough Village / Eglinton East

Scarborough Village / 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 Scarborough Village / Eglinton East

  • 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

Scarborough Village / 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

228 Bonis Avenue Unit 2510, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$594
Insurance (est.)-$175
Net Cash Flow+$1,401

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 $599/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.

Negotiation Opportunity

At 94 days on site, this property has exceeded the typical selling timeline for Scarborough Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Investment Perspective

Looking at this as an investment: Scarborough Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,496 (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.

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    228 Bonis Avenue Unit 2510 | $839,000 | Battaglia Team