$489,900

For sale

#807 240 Scarlett Road, Toronto (Rockcliffe-Smythe) - Single Family for Sale

#807 240 Scarlett Road, Toronto (Rockcliffe-Smythe), Ontario, M6N4X4

1 bed1 bath1 parking850 ft²$742/mo condo feeListed 71 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Listed at $489,900, it is attractively priced about 18% below the $599,000 median asking price in Toronto.

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Description

Welcome to 240 Scarlet Rd #807 --- a bright, spacious 1-bedroom retreat overlooking the Humber River. This beautifully maintained suite features a sunken living room that adds character and dimension, leading to an extra-large balcony with sweeping views of the Humber River, the peaceful courtyard, and even the CN Tower in the distance, perfect for morning coffee, evening sunsets, or simply unwinding above the treetops. Inside you'll find a well-appointed 4-piece bathroom, a comfortable bedroom with great natural light, and a functional layout that makes the space feel open and airy. The building is pet-friendly and packed with amenities including an outdoor pool with a sundeck for summer relaxation, a fully equipped gym, car wash station, and beautifully maintained grounds and walking area, commuting is a breeze with quick access to TTC, the Eglinton LRT, and major highways 400,401, and 427. Nature lovers will appreciate the nearby hiking and biking trails along the Humber River, a rare opportunity to enjoy comfort, convenience, and nature all in one place. (id:66096)

Property Details

MLS®: W13718434
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $742/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,907.84/yr
Listed: 71 days ago

Rooms

Flat

Living room: 5.46 x 3.75 meters
Dining room: 3.84 x 3.09 meters
Kitchen: 4.32 x 2.88 meters
Primary Bedroom: 4.8 x 3.51 meters
Laundry room: 1.6 x 1.55 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Flooring: Laminate, Parquet, Ceramic
Foundation: Concrete
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

71d

Toronto (Rockcliffe-Smythe) listings, avg age

48d

Price / ft²

$577

List price

$490K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Toronto (Rockcliffe-Smythe) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX WEST REALTY INC. · ALBERT CORREIA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6N)

This home lists at $489,900, about 6.5× the local median household income of $75,500.

Carrying it typically needs a household income of about $95,695 (20% down, 25-yr amortization, stress-tested) — roughly 27% above the area median.

Median household income: $75,500
Population: 40,252
Median age: 40.8
Owner / renter: 58% / 42%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M6N)

$489,900· $577/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,495

Min 5%50%

Mortgage payment$2,580/mo

↳ CMHC premium ($18,616 capitalized)

Property tax (est.)$159/mo

Condo fee$742/mo

Total monthly$3,481

Cash Needed to Close

Down payment (5%)$24,495

Land transfer tax$12,546

Est. closing costs$3,970

Total cash needed$41,011

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