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New2 hours ago

413 - 240 Scarlett Road W

Rockcliffe-Smythe, Toronto

$735,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Welcome to an elegantly updated 2-bedroom residence in the coveted Lambton Square community. This refined unit showcases a beautifully renovated kitchen with soft-close cabinetry, pot filler, and contemporary finishes, complemented by new laminate flooring and fresh paint throughout. A rare, full-size in-unit laundry and utility room enhances everyday convenience. Step onto the expansive balcony and take in tranquil, unobstructed views of the golf course - a private, nature-rich retreat offering serenity in every season. The grounds surrounding the building are meticulously maintained, with direct access to the Humber River, James Gardens, nearby golf courses, and miles of walking and biking trails. Ideally positioned just steps from TTC, minutes to major highways and the airport, and within walking distance of the upcoming Eglinton Crosstown LRT station. Monthly maintenance fees include all utilities and Rogers internet. A spacious locker and dedicated space complete this exceptional offering.

Extras

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,016
LockerExclusive
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,509
mls© NumberW13809188
Listed ByROYAL LEPAGE WEST REALTY GROUP LTD.
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,762
Property tax
$209
Heat allowance
$150
Condo fees, half counted
$508
Housing costs
$4,629 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $147,000
25-yr amortization

Income needed

$142,000

gross annual household income

Payment at 4%
$3,093 / mo
Cash down
$147,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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