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    Toronto / Scarborough / Eglinton East

    LPH -11 - 2460 Eglington Ave E

    For SaleRainbow Village I Condos
    $575,000
    2 Beds + 1
    2 Bath
    1 Parking
    900 - 999 SQFT
    42 Days on Strata
    Est Sell Timeframe
    8 Days

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $541/mth
    Taxes:
    $1,638 (2024)
    Cost Per Sqft:
    $576 - $639/sqft
    Locker:
    Exclusive
    Outdoor Space:
    None
    Exposure:
    South East
    Possession Date:
    September 1, 2024
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Foyer
    12.11 x 6.1ft
    Living
    Combined with Dining, Large Window
    12.89 x 13.12ft
    Dining
    Combined with Living
    10.5 x 7.19ft

    About this Listing

    Located in Rainbow Village Condos, few steps walk to Kennedy Station! This is a fully renovated 2 Bedrooms + Den Condo. Spacious primary bedroom includes a walk-in closet and 4-piece ensuite. Large windows allowing for plenty of natural light and this Lower Penthouse unit provide unobstructed clear views to the south east. Residents enjoy an indoor pool, gym, party room, squash courts, guest suites, and onsite daycare. Low maintenance fee that covers all utilities.You are literally steps to Kennedy GO/TTC Station, Don Montgomery Community Centre, Eglinton Crosstown LRT, Toronto Public Library, Restaurants,Grocery Store, & Shopping. Priced to Move,Resort-like living in this well managed building. Don't Miss This One!

    Extras1 Storage Locker,1 parking spot.

    re/max royal properties realtyMLS® #E9248130

    Amenities

    Squash Court
    Indoor Pool
    Lap Pool
    Guest Suites
    Visitor Parking
    Party Room

    Explore Neighbourhood

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    7,603
    Average Individual Income
    $59,032
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $104,500
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    18%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    54%
    $30,000+
    25%
    $60,000+
    12%
    $90,000+
    5%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    48%
    Semi Detached
    35%
    Duplex
    8%
    Low Rise Apartment
    3%
    High Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    51%
    Cantonese
    22%
    Mandarin
    15%
    Other
    7%
    Tamil
    3%
    Tagalog
    1%
    Punjabi
    1%
    Education
    High School
    28%
    University and Above
    26%
    None
    23%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    14%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    Rainbow Village I Condos vs The Eglinton East Area

    Building Trends At Rainbow Village I Condos

    Days on Strata

    Units at Rainbow Village I Condos spend an average of
    35
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Eglinton East

    Turnover of Units

    On average, each unit is owned for
    9.5
    YEARS before being sold again

    Property Value

    -23%
    Decrease in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 18 condos in the Eglinton East area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    12
    Units were Rented over the past twelve months

    Best Value Rank

    Rainbow Village I Condos offers the
    ?
    best value out of 18 condos in the Eglinton East neighbourhood

    Appreciation Rank

    Rainbow Village I Condos has the
    ?
    highest ROI out of 18 condos in the Eglinton East neighbourhood

    Rental Yield

    Rainbow Village I Condos yields the
    ?
    highest rent prices out of 18 condos in the Eglinton East neighbourhood

    High Demand

    Rainbow Village I Condos is the
    ?
    most popular building out of 18 condos in the Eglinton East neighbourhood

    Transaction Insights at 2460 Eglinton Avenue E

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$464,000 - $475,000No Data$600,000 - $630,000$640,000$665,000
    Avg. Cost Per SqftNo Data$651No Data$599$466$408
    Avg. Wait for Unit Availability347 Days214 DaysNo Data54 Days472 Days375 Days
    Ratio of Units in Building7%16%5%57%10%9%

    Transactions vs Inventory

    Total number of units listed and sold in Eglinton East