$489,900 - 2460 Eglinton Avenue Unit 201, Scarborough
Condo for Sale in Scarborough
Neighbourhood: Eglinton East
- MLS Number
- E13613758
- Property Type
- Condo
- Status
- active
- Days on Site
- 26
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Scarborough Town Centre
- Locker
- Owned
- Exposure
- West
- Balcony
- Enclosed
- Listing Brokerage
- ROYAL LEPAGE CERTIFIED REALTY
Location! Location! Location! Welcome to Rainbow Village! This spacious 2-bedroom + den/solarium (ideal as a 3rd bedroom or home office) offers 2 full bathrooms and bright West- facing exposure, filling the unit with natural light. Perfectly situated directly across from Kennedy Subway & GO Station, Don Montgomery Community Centre, and the future Eglinton Crosstown LRT, with Lord Roberts Junior Public School just minutes away. An excellent opportunity for first-time home buyers, investors, or growing families. Freshly painted and partially renovated, this unit includes 1 parking space and 1 locker. Enjoy exceptional value with hydro, gas, and water all included in the maintenance fees. Residents enjoy outstanding building amenities, including 24-hour security, an indoor pool, exercise room, party room, and ample visitor parking. Don't miss this incredible opportunity to own a spacious condo in one of Scarborough's most convenient transit-oriented communities!
Estimate your monthly payments for this property
Estimated Payment
$2,513.44/mo
Includes CMHC insurance ($13,668)
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 Eglinton East
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 Eglinton East
- •Convenient location in Scarborough Town Centre
- •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
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.
2460 Eglinton Avenue Unit 201, Scarborough Town Centre
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $544/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 26 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 900 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.
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 Eglinton East
I know Eglinton East 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.