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$510,195
88 Corporate Drive · Toronto · Ontario M1H 3G6
44 days on market
Location, lifestyle, and value-all in one!This rarely available 2+1 suite condo offers a clean, move-in-ready space with fresh paint and modern laminate flooring throughout. The spacious solarium easily converts into a third bedroom, making it perfect for families, professionals, or investors.Enjoy unbeatable convenience with direct access to Highway 401 and a Toronto Transit Commission stop right at your doorstep. You're just steps from Scarborough Town Centre, the LRT and subway, plus everyday…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $16KPrice reduction
MLS shows the seller reduced the asking price by $15,780 (from $525,975 to $510,195).
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: RE/MAX WEST REALTY INC.
Source: TRREB/PROPTX · MLS® E13758882
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 39% of your true cost of ownership. The other 61% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $23,226 | $1,936/mo |
| Government & taxes | ||
| Property tax | $2,217 | $185/mo |
| Land transfer tax(closing) | $6,679 | $557/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%) | $5,102 | $425/mo |
| Condo fees | ||
| Condo / HOA fees | $11,796 | $983/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 | $59,680 | $4,973/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.