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    for sale
    50 Days on Strata
    Est Sell Timeframe:
    18 Days
    $549,900
    2 Beds + 1
    2 Bath
    1 Parking
    1,043 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History


    Maintenance Fees:
    $683/mth
    Taxes:
    $1,752 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $527/sqft
    Outdoor Space:
    None
    Locker:
    Owned
    Possession Date:
    Now
    Exposure:
    North

    Amenities

    Gym
    Indoor Pool
    Party Room
    Visitor Parking
    Day Care

    About this Listing

    Discover this bright and airy 2-bedroom plus den, 2-bathroom condo in sought-after Rainbow Village. Step into a lifestyle where every day feels like a staycation! This building boasts an incredible array of amenities, including a swimming pool, sauna, modern gym, squash court, basketball court, and fun zones like a children's park, billiards room, and table tennis. With three party rooms, you'll have space to entertain any crowd. Enjoy peace of mind with 24-hour security and the convenience of onsite daycare and commercial laundry. Located in a prime Scarborough location, you're just minutes from Kennedy Station (TTC/GO/LRT)making your commute a breeze. Don't miss this opportunity! Pictures are virtually staged.

    ExtrasAll fixtures permanently attached to the property in "as is" condition.

    cmi real estate inc.MLS® #E12440415

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Included
    Water
    Not Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions


    Foyer
    13.88 x 5.97ft
    Kitchen
    14.21 x 10.4ft
    Dining
    10.43 x 10.4ft
    Living
    8.33 x 18.9ft
    Combined with Den
    Primary
    15.72 x 10.24ft
    2nd Bedroom
    12.57 x 8.79ft
    Bathroom
    4.72 x 8.4ft
    3 Piece Ensuite
    Bathroom
    7.97 x 4.89ft

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

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    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.

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    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%


    Days on Strata

    Units at Rainbow Village II Condos spend an average of
    21
    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 a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Eglinton East

    Turnover of Units

    On average, each unit is owned for
    9.6
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 17 condos in the Eglinton East area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    11
    Units were Rented over the past twelve months

    Best Value Rank

    Rainbow Village II Condos offers the
    ?
    best value out of 17 condos in the Eglinton East neighbourhood

    Appreciation Rank

    Rainbow Village II Condos has the
    ?
    highest ROI out of 17 condos in the Eglinton East neighbourhood

    Rental Yield

    Rainbow Village II Condos yields the
    ?
    highest rent prices out of 17 condos in the Eglinton East neighbourhood

    High Demand

    Rainbow Village II Condos is the
    ?
    most popular building out of 17 condos in the Eglinton East neighbourhood

    Market Insights

    Transaction Insights at Rainbow Village II Condos

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$420,000 - $445,000$600,000$575,000 - $590,000No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$549$598$584No DataNo Data
    Avg. Wait for Unit AvailabilityNo DataNo Data146 Days1648 Days63 Days1986 Days847 Days
    Ratio of Units in Building1%6%17%4%65%3%7%

    Market Inventory

    Total number of units listed and sold in Eglinton East