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$400,000
8 Rosebank Drive · Toronto · Ontario M1B 5Z3
42 days on market
Welcome to 8 Rosebank Drive, Unit 15G, a fantastic opportunity in a highly sought after Scarborough neighbourhood! This well located home offers the perfect blend of comfort, convenience, and lifestyle, situated just minutes from Highway 401, Scarborough Town Centre, TTC, shopping, dining, schools, parks, and everyday amenities. Set in a great, well maintained building, this is an ideal choice for first time buyers, downsizers, investors, or anyone looking for a connected and convenient place to…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $50KPrice reduction
MLS shows the seller reduced the asking price by $50,000 (from $450,000 to $400,000).
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® E13774216
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~750 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 40% of your true cost of ownership. The other 60% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $18,210 | $1,517/mo |
| Government & taxes | ||
| Property tax | $1,840 | $153/mo |
| Land transfer tax(closing) | $4,475 | $373/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%) | $4,000 | $333/mo |
| Condo fees | ||
| Condo / HOA fees | $6,686 | $557/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 | $45,871 | $3,823/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.