$379,880 - 238 Bonis Avenue Unit 523, Scarborough Village
Condo for Sale in Scarborough Village
34 days on marketNeighbourhood: Tam O'Shanter-Sullivan
- MLS Number
- E13587748
- Property Type
- Condo
- Status
- active
- Days on Site
- 34
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Scarborough Village / Eglinton East
- Locker
- Exclusive
- Exposure
- North
- Balcony
- Juliette
- Listing Brokerage
- RE/MAX ROUGE RIVER REALTY LTD.
Welcome to 238 Bonis Ave #523, a bright and well maintained 1 bedroom condo in the highly sought after Tam O'Shanter Sullivan neighbourhood of Scarborough. Offering 555 sq ft (MPAC) of thoughtfully designed living space, this suite is ideal for first time buyers, downsizers, or investors seeking exceptional value in a well connected community. Enjoy a functional layout with a spacious bedroom, a full 4 piece bathroom, and comfortable open concept living and dining areas. The unit includes 1 owned parking space and 1 locker, adding valuable convenience and storage. Maintenance fees include heat, water, air conditioning, and parking, making ownership both simple and cost effective. Residents enjoy an impressive selection of amenities including a private security gate, indoor swimming pool, exercise room, sauna, visitor parking, and bike storage. Ideally located near Kennedy Rd and Sheppard Ave E, with easy access to TTC transit, Highway 401, schools, places of worship, shopping, restaurants, and everyday amenities. Outdoor enthusiasts will appreciate being just minutes from Tam O'Shanter Golf Course, parks, and walking trails. A fantastic opportunity to own in one of Scarborough's most established and convenient condominium communities. Some photos in this listing have been virtually staged to illustrate the potential use of the space. Original unedited photos are also provided in the gallery.
Estimate your monthly payments for this property
Estimated Payment
$1,948.98/mo
Includes CMHC insurance ($10,599)
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.
238 Bonis Avenue Unit 523, 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 $760/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.
Market Position
At 34 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Efficient Living
At 500 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.
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.