2789 Eglinton Avenue Unit 429, Toronto E08

Price: $585,000

3 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E14030220

Rare 3-Bedroom Corner Townhome Under $585K in Toronto with 2 Private Balconies!...... Welcome to East Station Townhomes, a modern master-planned Mattamy community in vibrant East Toronto. This sun-drenched 1,123 sq. ft. Corner-suite offers an exceptionally versatile 2-storey layout designed for growing families, multi-generational living, or working from home. The bright open-concept main level features wrap-around corner windows, Modern Laminate Flooring, and a walk-out to your Private Balcony from the living room. The contemporary kitchen features Granite Countertops, Stainless Steel Appliances, and ample cabinetry, complemented by a convenient Main-Floor Bedroom and a 2-piece powder room. Upstairs features two spacious bedrooms, two full 4-piece washrooms, and convenient 2nd-floor in-suite laundry. The generous primary suite boasts a 4-piece ensuite washroom, double closets, and its own second private walk-out balcony. Includes 1 underground parking spot and high-speed internet included in the fee. Steps to TTC, minutes to Kennedy Subway Station (Line 2) and Eglinton GO (19 mins to Union Station), parks, schools, No Frills, and Walmart. Turnkey, vacant, and move-in ready!

2789 Eglinton Avenue Unit 429 - Condo photo 1 of 28 in Scarborough Town Centre, Ontario
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active
New Listing

$585,000 - 2789 Eglinton Avenue Unit 429, Scarborough

Condo for Sale in Scarborough

New — Listed yesterday

Neighbourhood: Eglinton East

3Beds
3Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
E14030220
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Scarborough Town Centre
Taxes (2026)
$2,847
Maintenance Fees
$520/mo
Locker
None
Exposure
South East
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

Rare 3-Bedroom Corner Townhome Under $585K in Toronto with 2 Private Balconies!...... Welcome to East Station Townhomes, a modern master-planned Mattamy community in vibrant East Toronto. This sun-drenched 1,123 sq. ft. Corner-suite offers an exceptionally versatile 2-storey layout designed for growing families, multi-generational living, or working from home. The bright open-concept main level features wrap-around corner windows, Modern Laminate Flooring, and a walk-out to your Private Balcony from the living room. The contemporary kitchen features Granite Countertops, Stainless Steel Appliances, and ample cabinetry, complemented by a convenient Main-Floor Bedroom and a 2-piece powder room. Upstairs features two spacious bedrooms, two full 4-piece washrooms, and convenient 2nd-floor in-suite laundry. The generous primary suite boasts a 4-piece ensuite washroom, double closets, and its own second private walk-out balcony. Includes 1 underground parking spot and high-speed internet included in the fee. Steps to TTC, minutes to Kennedy Subway Station (Line 2) and Eglinton GO (19 mins to Union Station), parks, schools, No Frills, and Walmart. Turnkey, vacant, and move-in ready!

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Estimated Payment

$3,001.35/mo

Includes CMHC insurance ($16,322)

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5-yr fixed avg.

Principal: $526,500Interest: $357,584
Mortgage Amount$542,822
Total Interest$357,584
Est. Property Tax$414/mo
Total Cost$900,406

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

2789 Eglinton Avenue Unit 429, Scarborough Town Centre

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$520
Property Tax (est.)-$414
Insurance (est.)-$122
Net Cash Flow+$1,704

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 $585/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 $520/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 3 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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    2789 Eglinton Avenue Unit 429 | $585,000 | Battaglia Team