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Listed 15 days ago

523 - 238 Bonis Avenue

Tam O'Shanter-Sullivan, Toronto

$379,880

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

Welcome to 238 Bonis Ave #523, a bright and well maintained 1 bedroom condo in the highly sought after Tam O'Shanter Sullivan neighbourhood of Scarborough. Offering 555 sq ft (MPAC) of thoughtfully designed living space, this suite is ideal for first time buyers, downsizers, or investors seeking exceptional value in a well connected community. Enjoy a functional layout with a spacious bedroom, a full 4 piece bathroom, and comfortable open concept living and dining areas. The unit includes 1 owned parking space and 1 locker, adding valuable convenience and storage. Maintenance fees include heat, water, air conditioning, and parking, making ownership both simple and cost effective. Residents enjoy an impressive selection of amenities including a private security gate, indoor swimming pool, exercise room, sauna, visitor parking, and bike storage. Ideally located near Kennedy Rd and Sheppard Ave E, with easy access to TTC transit, Highway 401, schools, places of worship, shopping, restaurants, and everyday amenities. Outdoor enthusiasts will appreciate being just minutes from Tam O'Shanter Golf Course, parks, and walking trails. A fantastic opportunity to own in one of Scarborough's most established and convenient condominium communities. Some photos in this listing have been virtually staged to illustrate the potential use of the space. Original unedited photos are also provided in the gallery.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$490
LockerExclusive
BalconyNone
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,802
mls© NumberE13587748
Listed ByRE/MAX ROUGE RIVER REALTY LTD.
Common Elements Included
CAC Included
Heat Included
Water Included
Parking Included
Building Insurance 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%
$1,944
Property tax
$150
Heat allowance
$150
Condo fees, half counted
$245
Housing costs
$2,490 / mo

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

Down payment20% · $75,976
25-yr amortization

Income needed

$77,000

gross annual household income

Payment at 4%
$1,599 / mo
Cash down
$75,976

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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