2472 Eglinton Avenue Unit TH26, Toronto E08

Price: $659,999

3 bedrooms, 4 bathrooms

1,400 sqft

Property Type: Condo

MLS#: E13871162

Welcome to Rainbow Village, an established community offering condo-townhome living and everyday convenience. This 3-bedroom, 4-bathroom family home features a multi-level layout, finished lower level and 2 owned underground parking spaces. THE LAYOUT: All three bedrooms are exceptionally spacious. The primary bedroom features his-and-her closets and a 4-piece ensuite, while the second bedroom offers similar space, his-and-her closets and a semi-ensuite, ideal for family members, guests or older children seeking added privacy. THE KITCHEN: A bright and functional kitchen with a dedicated breakfast area provides a comfortable spot for casual meals. MAIN LIVING AREA: Comfortable living and dining areas are complemented by a cozy fireplace, creating a warm and inviting setting for relaxing or entertaining. LOWER LEVEL: The finished lower level provides flexible space for a recreation room, home office, play area or media room, with a second fireplace adding warmth and character. Direct access to underground parking from the lower level makes bringing in groceries and everyday essentials easy. AMENITIES: Underground visitor parking adds convenience when hosting. Families will appreciate the on-site daycare centre within the community, along with access to the attached condominium's amenities, including an indoor pool, fitness centre, squash courts, party rooms and more. THE LOCATION: Close to shopping, restaurants, parks, schools and everyday essentials, with convenient access to the nearby Kennedy Transit Hub, TTC Subway, Line 5 Eglinton Crosstown, GO Transit, and the Scarborough Busway. A thoughtfully laid-out home with practical features and amenities designed around everyday family living.

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active
New Listing

$659,999 - 2472 Eglinton Avenue Unit TH26, Scarborough

Condo for Sale in Scarborough

New — Listed today

Neighbourhood: Eglinton East

3Beds
4Baths
1,400Sq Ft
Condo

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Property Details
MLS Number
E13871162
Property Type
Condo
Status
active
Days on Site
0
Bedrooms
3
Bathrooms
4
Square Feet
1,400 sqft
Neighbourhood
Scarborough Town Centre
Taxes (2026)
$2,977
Maintenance Fees
$648/mo
Locker
None
Exposure
North South
Balcony
None
Listing Brokerage
CENTURY 21 PERCY FULTON LTD.
Description

Welcome to Rainbow Village, an established community offering condo-townhome living and everyday convenience. This 3-bedroom, 4-bathroom family home features a multi-level layout, finished lower level and 2 owned underground parking spaces. THE LAYOUT: All three bedrooms are exceptionally spacious. The primary bedroom features his-and-her closets and a 4-piece ensuite, while the second bedroom offers similar space, his-and-her closets and a semi-ensuite, ideal for family members, guests or older children seeking added privacy. THE KITCHEN: A bright and functional kitchen with a dedicated breakfast area provides a comfortable spot for casual meals. MAIN LIVING AREA: Comfortable living and dining areas are complemented by a cozy fireplace, creating a warm and inviting setting for relaxing or entertaining. LOWER LEVEL: The finished lower level provides flexible space for a recreation room, home office, play area or media room, with a second fireplace adding warmth and character. Direct access to underground parking from the lower level makes bringing in groceries and everyday essentials easy. AMENITIES: Underground visitor parking adds convenience when hosting. Families will appreciate the on-site daycare centre within the community, along with access to the attached condominium's amenities, including an indoor pool, fitness centre, squash courts, party rooms and more. THE LOCATION: Close to shopping, restaurants, parks, schools and everyday essentials, with convenient access to the nearby Kennedy Transit Hub, TTC Subway, Line 5 Eglinton Crosstown, GO Transit, and the Scarborough Busway. A thoughtfully laid-out home with practical features and amenities designed around everyday family living.

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Estimate your monthly payments for this property

Estimated Payment

$3,386.14/mo

Includes CMHC insurance ($18,414)

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5-yr fixed avg.

Principal: $593,999Interest: $403,428
Mortgage Amount$612,413
Total Interest$403,428
Est. Property Tax$467/mo
Total Cost$1,015,841

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: Eglinton East

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

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

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.

70
Walk Score
Varies
Price Range

2472 Eglinton Avenue Unit TH26, Scarborough Town Centre

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$648
Property Tax (est.)-$467
Insurance (est.)-$137
Net Cash Flow+$1,828

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 $471/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'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 $648/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.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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    2472 Eglinton Avenue Unit TH26 | $659,999 | Battaglia Team