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    Toronto / Scarborough / Eglinton East

    808 - 2460 Eglinton Ave E

    For SaleRainbow Village I Condos
    $470,000
    1 Bed + 1
    1 Bath
    2 Parking
    700 - 799 SQFT
    5 Days on Strata
    Est Sell Timeframe
    7 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $459/mth
    Taxes:
    $1,402 (2024)
    Cost Per Sqft:
    $588 - $671/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    West
    Possession Date:
    Flexible
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Air Conditioning

    Utility Type

    Air Conditioning
    Wall Unit
    Heat Source
    No Data
    Heating
    Baseboard

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Welcome to this bright and spacious 1-bedroom + solarium, 1 Bath condo in the highly sought-after Rainbow Village community! This well-maintained unit offers an expansive layout, providing plenty of living space with a versatile solarium that can be used as a home office,guest space, or additional lounge area. Enjoy breathtaking views from this high-floor suite, with large windows that flood the space with natural light. The unit includes an ensuite laundry and the ability to park two cars, a rare find in the area! Located in the heart of Scarborough,Rainbow Village is known for its prime location and unbeatable convenience. Just steps from Kennedy Subway & GO Station, commuting downtown or across the GTA is effortless. You're also minutes away from shopping, dining, parks, and top schools, making this an ideal home for professionals, couples, and small families. Residents enjoy fantastic amenities, including a 24-hour concierge, indoor swimming pool,gym, party room, and more! The well-managed building offers a vibrant and welcoming community, perfect for urban living.

    royal lepage signature realtyMLS® #E12004112

    Amenities

    Concierge
    Bike Storage
    Gym Room
    Sauna
    Indoor Pool
    Guest Suites

    Explore Neighbourhood

    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
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    Rainbow Village I Condos vs The Eglinton East Area

    Building Trends At Rainbow Village I Condos

    Days on Strata

    Units at Rainbow Village I Condos spend an average of
    35
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Eglinton East

    Turnover of Units

    On average, each unit is owned for
    9.5
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 17 condos in the Eglinton East area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    11
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 2460 Eglinton Avenue E

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$404,000 - $425,000$464,000No Data$580,000 - $615,000$650,000$665,000
    Avg. Cost Per Sqft$789$662No Data$570$477$408
    Avg. Wait for Unit Availability266 Days223 DaysNo Data53 Days502 Days375 Days
    Ratio of Units in Building7%16%3%58%10%10%

    Transactions vs Inventory

    Total number of units listed and sold in Eglinton East