238 Bonis Avenue Unit 1615, Toronto E05

Price: $539,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: E13827000

Luxury Tridel Condo In A Convenient Location. This 2 Bedroom & 2 Full Bath Open Concept LayoutHas A Beautiful Unobstructed View. Easy Access To Ttc, Go Train, Hwy 401, Walking Distance ToMall. Great Amenities - Gatehouse Security, Indoor Pool, Etc. A lot of Upgrades recently. New Painting, New Laminate Floor Replaced(2026) , New Fridge (2025)

238 Bonis Avenue Unit 1615 - Condo photo 1 of 22 in Scarborough Village / Eglinton East, Ontario
238 Bonis Avenue Unit 1615 - Condo photo 2 of 22 in Scarborough Village / Eglinton East, Ontario
238 Bonis Avenue Unit 1615 - Condo photo 3 of 22 in Scarborough Village / Eglinton East, Ontario
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238 Bonis Avenue Unit 1615 - Condo photo 6 of 22 in Scarborough Village / Eglinton East, Ontario
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$539,000 - 238 Bonis Avenue Unit 1615, Scarborough Village

Condo for Sale in Scarborough Village

Popular Listing

Neighbourhood: Tam O'Shanter-Sullivan

2Beds
2Baths
800Sq Ft
Condo

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Property Details
MLS Number
E13827000
Property Type
Condo
Status
active
Days on Site
12
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Scarborough Village / Eglinton East
Taxes (2026)
$2,448
Maintenance Fees
$754/mo
Locker
Owned
Exposure
North East
Balcony
Juliette
Listing Brokerage
AIMHOME REALTY INC.
Description

Luxury Tridel Condo In A Convenient Location. This 2 Bedroom & 2 Full Bath Open Concept LayoutHas A Beautiful Unobstructed View. Easy Access To Ttc, Go Train, Hwy 401, Walking Distance ToMall. Great Amenities - Gatehouse Security, Indoor Pool, Etc. A lot of Upgrades recently. New Painting, New Laminate Floor Replaced(2026) , New Fridge (2025)

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,765.35/mo

Includes CMHC insurance ($15,038)

$
$
5%10%50%

5-yr fixed avg.

Principal: $485,100Interest: $329,467
Mortgage Amount$500,138
Total Interest$329,467
Est. Property Tax$382/mo
Total Cost$829,605

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

238 Bonis Avenue Unit 1615, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$754
Property Tax (est.)-$382
Insurance (est.)-$112
Net Cash Flow+$952

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 $674/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 $754/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $2,246 (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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    238 Bonis Avenue Unit 1615 | $539,000 | Battaglia Team