Skip to main
    Toronto / Scarborough / Eglinton East

    218 - 2466 Eglinton Ave E

    For SaleRainbow Village II Condos
    $488,999
    1 Bed + 1
    1 Bath
    1 Parking
    800 - 899 SQFT
    37 Days on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $493/mth
    Taxes:
    $1,371 (2023)
    Cost Per Sqft:
    $544 - $611/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    South
    Possession Date:
    September 1, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Carpet
    22.54 x 11.48ft
    Dining
    Combined with Living, Carpet
    22.54 x 11.48ft
    Kitchen
    Ceramic Floor
    10.27 x 7.48ft

    About this Listing

    Location, affordability and convenience are keywords that describes this spacious one bedroom plusden condo unit in the esteemed Rainbow Village community. Steps away from Kennedy Subway and Go Station, this building offers easy access to amenities, including daycare center, schools, guest suites, indoor swimming pool, gym, basketball court, billiards, and 24-hour gate security. Additionally, residents can enjoy a children's playground and squash facilities.

    ExtrasAll inclusive utilities (Hydro, AC, Heat, and Water)Fridge, Stove, Dishwasher, Washer, Dryer, All Window Coverings and light fixtures.

    re/max community realty inc.MLS® #E9255036

    Amenities

    BBQ
    Rec Room
    Games Room
    Security System
    Gym Room
    Concierge

    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
    You'll have a love-hate relationship with your gears. Mostly hate.

    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 II Condos vs The Eglinton East Area

    Building Trends At Rainbow Village II Condos

    Days on Strata

    Units at Rainbow Village II Condos spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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
    9.7
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    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

    5
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 2466 Eglinton Avenue E

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$445,000 - $475,000No Data$578,000 - $648,500No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$614No Data$569No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data240 Days148 Days342 Days56 Days1986 Days614 Days
    Ratio of Units in Building1%6%17%6%63%3%7%

    Transactions vs Inventory

    Total number of units listed and sold in Eglinton East