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    Toronto / Scarborough / Eglinton East

    1510 - 2466 Eglinton Ave E

    For SaleRainbow Village II Condos
    $585,000
    2 Beds + 1
    2 Bath
    1 Parking
    1,043 SQFT
    2 Days on Strata
    Est Sell Timeframe
    7 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $683/mth
    Taxes:
    $1,752 (2024)
    Cost Per Sqft:
    $561/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    North
    Possession Date:
    30 days
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Welcome To Rainbow Village Condo! This Spacious Unit Comes With 2 Bedrooms Plus Den And Is Located In The Heart Of Scarborough | Kennedy Subway/Go/Metrolinx Crosstown Stns. Next To The Building | Minutes To Hwy 401, Don Montgomery Community Centre, Grocery Stores, Schools & Much More | On-Site Day Care And Mgmt. Office | Excellent Condo Amenities And Visitor Parking Available | 24Hr Security | Low Maintenance Fees Which Includes All Utilities | Unit Tenanted Until End Of March

    homelife superstars real estate limitedMLS® #E12009509

    Amenities

    Games Room
    Concierge
    Party Room
    Security System
    Gym Room
    Sauna

    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
    You'll have a love-hate relationship with your gears. Mostly hate.

    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 II Condos vs The Eglinton East Area

    Building Trends At Rainbow Village II Condos

    Days on Strata

    Units at Rainbow Village II Condos spend an average of
    29
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    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
    9.6
    YEARS before being sold again

    Property Value

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

    Price Ranking

    7th
    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

    9
    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

    Transaction Insights at 2466 Eglinton Avenue E

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$420,000 - $460,000No Data$578,000 - $645,000No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$598No Data$563No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data304 Days149 Days1971 Days52 DaysNo Data636 Days
    Ratio of Units in Building1%6%17%3%66%2%9%

    Transactions vs Inventory

    Total number of units listed and sold in Eglinton East