






Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$639,000
Bedrooms
3 Beds
Bathrooms
2 Baths
Size
1200-1399 sqft
Year Built
31-50
Property Type
Condo
Property Taxes
$2232
Sold under POWER OF SALE. "Sold" as is - where is. Welcome to sought-after Rainbow Village II! This spacious and well-maintained 3+1 bedroom corner suite offers approximately 1,356 sq. ft. of bright, functional living space with unobstructed northwest views. Conveniently located just steps to Kennedy Station with TTC, GO Transit, and upcoming LRT access, this is a rare opportunity in one of Scarborough's most connected communities.Residents enjoy an impressive selection of resort-style amenities including an indoor swimming pool, sauna, fully equipped gym, squash and basketball courts, billiards room, table tennis, children's playground, and three party rooms. The building also offers 24-hour security, onsite daycare, and commercial laundry facilities for added convenience.Surrounded by shopping, restaurants, schools, parks, and everyday essentials, this property offers exceptional long-term value for both investors and future end users alike. Currently tenanted until December 31, 2026, providing stable rental income today with the flexibility to move in, renovate, or reposition the property in the future. Property being sold under Power of Sale as-is, where-is condition with no representations or warranties. Buyers are advised to conduct their own due diligence regarding the property and its features. A solid property in a sought-after location! MUST SEE! 48 hours (work days) irrevocable on all offers. Being sold as is. Must attach Schedule "B" and use Seller's sample offer when drafting an offer (copy in attachment section of MLS). No representations or warranties of any kind by seller/agent. All information to be independently verified. Taxes estimated per city website..
Unit Number
86
Maintenance Fee
$931.06/month
Inclusions
Parking
Building Insurance
Yes
Exposure
North West
Locker
Not listed
Parking Type
Not listed
Pet Policy
Yes-with Restrictions
Property Manager
Crossbridge Condominium Services Ltd.
Stories
8 floors
Condo Corp Number
936
Water
Not included
Hydro
Not included
Cable
Not included
Heat
Not included
Parking
Included
Taxes
Not included
Total Monthly Payment
$0 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$511,200
Total Interest Payments
$315,186
Total Payment (Principal + Interest)
$826,386
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

Toronto, ON M1K 5E1
Listed By: VERTICAL MARKETING REALTY

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.