$579,000 - 240 Scarlett Road Unit 1405, Keelesdale
Condo for Sale in Keelesdale
139 days on marketNeighbourhood: Rockcliffe-Smythe
- MLS Number
- W12963620
- Property Type
- Condo
- Status
- active
- Days on Site
- 139
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Keelesdale / Eglinton West
- Locker
- Exclusive
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Enjoy the Perfect Mix of Comfort and Nature at Lambton Square! * This Well-maintained 2 Bedroom Suite Overlooking The Humber River Features a Thoughtfully Designed Kitchen Complete with Pantry and Breakfast Nook * Spacious Living Areas * Large Primary with 4pc Ensuite * Mannington Engineered Hardwood Flooring in Living, Dining, Hall and Foyer * Walk-out to Oversized Balcony with Serene, Tranquil River and Parkland Views in Every Season * Parking and Locker * Maintenance Fees Include All Utilities, Cable and Internet * Surrounded By Beautifully Manicured Green Space, Humber River, James Gardens, Golf Courses, Walking/Biking Trails, Excersise Classe, Wednesday Coffee Hour, Herb Garden, Library, Steps To Transit, 1 Stop To Subway, Close To Major Highway & Airport * 1 km From Eglinton Crosstown Stop Currently Under Construction.
Estimate your monthly payments for this property
Estimated Payment
$2,970.57/mo
Includes CMHC insurance ($16,154)
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 Rockcliffe-Smythe
Rockcliffe-Smythe 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 Rockcliffe-Smythe
- •Convenient location in Keelesdale / Eglinton West
- •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
Rockcliffe-Smythe 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.
240 Scarlett Road Unit 1405, Keelesdale / Eglinton West
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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 $579/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 139 days on site, this property has exceeded the typical selling timeline for Keelesdale. 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.
About Rockcliffe-Smythe
I know Rockcliffe-Smythe 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: Keelesdale properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,413 (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.