$609,000 - 2791 Eglinton Avenue Unit 511, Scarborough
Condo for Sale in Scarborough
35 days on marketNeighbourhood: Eglinton East
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- MLS Number
- E13738590
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Scarborough Town Centre
- Taxes (2025)
- $2,439
- Maintenance Fees
- $413/mo
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 INNOVATIVE REALTY INC.
Welcome to this modern Mattamy-built condo townhouse in one of Toronto's most exciting and fast-growing master-planned communities. This home features MPAC-verified square footage and accurate maintenance fee details, giving buyers confidence in the information provided. This bright, spacious one-level layout offers 2 large bedrooms, 2 full bathrooms, and a versatile den/nook with no stairs to climb. The airy interiors feature 9-foot ceilings, expansive windows, and an open-concept design perfect for modern living. The primary bedroom includes an additional nook ideal for a home office, nursery, or even a third sleeping space. Step out onto the open balcony perfect retreat to relax after a busy day. Bike storage, plenty of visitor parking, and access to a discounted Rogers internet package. This community is perfectly positioned just steps from the upcoming brand-new subway line and close to the Eglinton GO Station, making commuting across Toronto effortless. Surrounded by shops, restaurants, parks, and daily conveniences, this home offers the best of urban living with future growth potential. With a low maintenance fee, verified square footage, and modern finishes, this is the ideal starter home for first-time buyers or a smart investment opportunity in one of East Toronto's most promising neighborhoods.
Estimate your monthly payments for this property
Estimated Payment
$3,124.49/mo
Includes CMHC insurance ($16,991)
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.
2791 Eglinton Avenue Unit 511, Scarborough Town Centre
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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 $761/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 35 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. The $413/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 800 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 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.
Investment Perspective
Looking at this as an investment: Scarborough properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,538 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.