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Listed 2 months ago

327 - 1350 Ellesmere Road

Bendale, Toronto

$490,000

Condo Apartment |
1 | 2 | 1 | 0
About this home

Welcome to this modern corner unit located in one of Scarborough's most sought-after areas. This thoughtfully designed 1-bedroom, 2-bathroom condo offers a rare and functional layout, ideal for both comfortable living and strong investment potential. Step into a stylish space featuring contemporary finishes, an open-concept living and dining area, and a private corner balcony. The sleek kitchen is equipped with modern cabinetry and finishes, and the convenience of two bathrooms makes this unit stand out perfect for entertaining or accommodating guests. Currently tenanted with a reliable occupant, this condo delivers immediate rental income with minimal hassle - a true turnkey investment opportunity. Located just minutes from Scarborough Town Centre, TTC, GO Transit, and major highways (401 & DVP). Shopping, restaurants, parks, and everyday conveniences. Don't miss your chance to own this low-maintenance, high-demand unit in a vibrant and growing community!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNew
Size600-699 sq. ft.
Maintenance Fees$448
LockerNone
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,383
mls© NumberE13430582
Listed ByREAL BROKER ONTARIO LTD.
Heat Included
Common Elements 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%
$2,508
Property tax
$199
Heat allowance
$150
Condo fees, half counted
$224
Housing costs
$3,081 / mo

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

Down payment20% · $98,000
25-yr amortization

Income needed

$95,000

gross annual household income

Payment at 4%
$2,062 / mo
Cash down
$98,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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