$685,000 - 228 Bonis Avenue Unit 2705, Scarborough Village
Condo for Sale in Scarborough Village
New — Listed 6 days agoNeighbourhood: Tam O'Shanter-Sullivan
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- MLS Number
- E13848848
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Scarborough Village / Eglinton East
- Taxes (2026)
- $3,422
- Maintenance Fees
- $824/mo
- Locker
- Owned
- Exposure
- South East
- Balcony
- None
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Luxurious Tridel Built. The Highlands at Tam-O'Shanter. Unobstructed panoramic south and east views from this 3-bedroom, 2-bath corner suite, overlooking the city and the golf course. An abundance of natural light. First time offered by its owner. Approximately 1,568 sq ft as per floor plans. Newly laid vinyl flooring in the 3 bedrooms, the living and dining rooms, no broadloom in the suite. Marble floor at the entryway. Separate step-in shower in primary ensuite. Huge living space and very comfortable primary bedroom. Well balanced and proportioned. 1 parking space on level P1, 188 near the elevator and 1 locker #234. Top-notch amenities for the residents to enjoy, with an indoor pool, gym, party room/meeting room, ample visitor parking indoor and outdoor. 24/7 gatehouse security. Golf course adjacent to the building, cannot be more convenient. Close to transit, shops and restaurants. Steps to the GO Train station. Easy access to the highway.|
Estimate your monthly payments for this property
Estimated Payment
$3,514.41/mo
Includes CMHC insurance ($19,112)
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 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
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.
228 Bonis Avenue Unit 2705, Scarborough Village / Eglinton East
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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 $489/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 Village'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 $824/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 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.
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 $2,854 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.