2460 Eglinton Ave E Condos, Toronto

Scarborough Real Estate Condos for Sale and Rent


2460 Eglinton Ave E, Toronto M1K5J7

Rainbow Village I was built by Hanson Construction Inc and completed in year 1991.

There are total 18 floors and approximately 334 units.

The building currently has 2 units on sale, and 3 for lease.

Condo monthly management fee includes: Heat, Water, Hydro and Air Conditioning.

Condo facility includes: Gym, Concierge, Visitor Parking, Party/Meeting Room, Sauna, Indoor pool and Squash Court.

Condo Building Analysis

For Sale

Condo values have decreased 18% over the past two years.

Recent Adjusted Sold Price Range (Excluding Parking/Locker)
$410 – $580/sqft

For Lease

Rent levels have increased 7% compared with the same period last year.

Recent Rent Range
$2.35 – $3.13/sqft

How This Condo Compares

Price Position
9.3% Higher
Recent sale prices are above condos in the community.
Maintenance Cost
35.4% Lower
Adjusted maintenance costs are below condo buildings in the community.
Effective Cost
35.4% Lower
Estimated occupancy costs are lower than condo buildings in the community after adjusting for included utilities.


School Information

Local Area Profile

This property is located in an area with a high level of homeownership with a strong concentration of apartment and condominium housing. Approximately 54% of residents hold a bachelor's degree or higher, while about 17% have a college credential. Public transit is commonly used by local commuters, alongside driving.



Commute Information

Toronto Subway Kennedy Subway Station: 0.3km (~5 mins walk)
LRT Transit Kennedy LRT Station: 0.2km (~4 mins walk)
GTA Go Train Kennedy Go Train Station (0.1km)

Active listings

Unit Beds Baths Parkings Space(Sqf) Price($)
1209 2 2 1 700-1100 178,000
1606 3+1 2 1 1200-1399 628,000


Location



Building's Remark

Other Information

If you plan to buy or sell a condo or want to learn more about real estate investment opportunities in Scarborough, please contact Scarborough real estate agent Alan Zheng at 647-877-9311.

Explore more GTA properties and market information through our Toronto real estate, Richmond Hill real estate, Markham real estate, and Vaughan real estate guides.



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