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$600K · 2 bed Condo Apartment · Rockcliffe-Smythe, Toronto | MyPropertyScout

$599,900

Unit 1405

84 DOM

2284d

Map

DOM 84

$599,900

C●●●○○DOM84days

Unit 1405

Lambton Square · 240 Scarlett Road · Toronto · Ontario M6N 4X4

MLS® W12963620 · Rockcliffe-Smythe · M6N 4X4

22OwnerOccupied1000-1199 ft²Condo Apartment1-car Underground84d$546/ft²$2,383 tax/yr

4% above market · 84 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Enjoy the Perfect Mix of Comfort and Nature at Lambton Square! * This Well-maintained 2 Bedroom Suite Overlooking The Humber River Features a Thoughtfully Designed Kitchen Complete with Pantry and Breakfast Nook * Spacious Living Areas * Large Primary with 4pc Ensuite * Mannington Engineered Hardwood Flooring in Living, Dining, Hall and Foyer * Walk-out to Oversized Balcony with Serene, Tranquil River and Parkland Views in Every Season * Parking and Locker * Maintenance Fees Include All Utilitie…

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Property details

MLS#: W12963620
Status: Buy Now
Beds: 2
Baths: 2 full, 0 half
Size: 1000-1199
Style: Apartment
Type: Condo Apartment
Year built: —

Property features: Public Transit, Park, River/Stream, Golf, Wooded/Treed

View: River, Park/Greenbelt, Trees/Woods

Building name: Lambton Square
Condo corp #: 271
Balcony: Open
Locker: Exclusive
Association amenities: Bike Storage, Car Wash, Exercise Room, Party Room/Meeting Room, Outdoor Pool, Visitor Parking
Fees include: Heat Included, Hydro Included, Water Included, Cable TV Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Concrete · Landscaped, Lighting
Fronting on: —
Cross street: Scarlett Rd / Edenbridge Dr
Basement: None
Stories: 14
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free, Intercom, Separate Heating Controls
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Main	Living Room	3.71m × 5.57m
Main	Dining Room	2.92m × 4.7m
Main	Kitchen	2.58m × 4.29m
Main	Primary Bedroom	3.33m × 4.78m
Main	Bedroom 2	2.79m × 3.58m
Main	Laundry	1.61m × 1.65m
Main	Other	2.26m × 5.56m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX PROFESSIONALS INC.

Source: TRREB/PROPTX · MLS® W12963620

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$600K

Unit 1405 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $599,900✓ $2,383 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,534/mo

incl. closing costs (yr 1)

Annual total

$66,408

year 1

Mortgage only

$2,276/mo

principal + interest

Beyond mortgage

$2,094/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$119,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$199/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,999/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$80/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$8,473

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $27,310/yr

Property taxes16% $10,856/yr

Utilities6% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance9% $5,999/yr

Condo fees17% $11,583/yr

Closing costs8% $5,100/yr

Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$27,310	$2,276/mo
Government & taxes
Property tax	$2,383	$199/mo
Land transfer tax(closing)	$8,473	$706/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,999	$500/mo
Condo fees
Condo / HOA fees	$11,583	$965/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$66,408	$5,534/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 1405

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs