240 Scarlett Road 807

Rockcliffe-Smythe, Toronto, M6N 4X4 · More in this building

$489,900

1 bedrooms
1 bathrooms
1 parking
800-899 sq ft

Listed 54 days ago · MLS® W13718434

About this home

Welcome to 240 Scarlet Rd #807 --- a bright, spacious 1-bedroom retreat overlooking the Humber River. This beautifully maintained suite features a sunken living room that adds character and dimension, leading to an extra-large balcony with sweeping views of the Humber River, the peaceful courtyard, and even the CN Tower in the distance, perfect for morning coffee, evening sunsets, or simply unwinding above the treetops. Inside you'll find a well-appointed 4-piece bathroom, a comfortable bedroom with great natural light, and a functional layout that makes the space feel open and airy. The building is pet-friendly and packed with amenities including an outdoor pool with a sundeck for summer relaxation, a fully equipped gym, car wash station, and beautifully maintained grounds and walking area, commuting is a breeze with quick access to TTC, the Eglinton LRT, and major highways 400,401, and 427. Nature lovers will appreciate the nearby hiking and biking trails along the Humber River, a rare opportunity to enjoy comfort, convenience, and nature all in one place.

Details

Type: Condo Apartment
Style: Apartment
Size: 800-899 sq ft
Basement: None
Garage: Underground
Kitchens: 1
Property tax: $1,908 (2025)
Maintenance fee: $742/month
Neighbourhood: Rockcliffe-Smythe
Municipality: Toronto W03
Price per sq ft: $577 (29% below condo apartments in Toronto, $815)
Fee per sq ft: $0.87/month (Toronto median $0.92)

Interior

Bedrooms: 1 above ground
Bathrooms: 1 × 4-piece (flat)
Rooms: 5 above ground
Family room or den: No
Fireplace: No
Laundry: Ensuite

Heating, cooling and services

Heating: Forced Air, Gas
Air conditioning: Central Air

Building and exterior

Style: Apartment
Exterior: Brick
Foundation: Concrete

Parking

Garage spaces: 1
Total parking: 1
Driveway and parking: Private

Condo

Monthly fee: $742
Fee includes: Heat Included, Hydro Included, Water Included, Cable TV Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Locker: Exclusive
Balcony: Open
Exposure: South West
View: Garden, River
Pets: Yes-with Restrictions
Property manager: Wilson Blanchard

Possession: 30 Days/TBA
Cross street: Eglinton /Scarlett

Rooms

Room	Level	Size	Features
Living Room	Flat	5.46 × 3.75 m (17'11" × 12'4")	Laminate, Sunken Room, W/O To Balcony
Dining Room	Flat	3.84 × 3.09 m (12'7" × 10'2")	Laminate, Overlooks Living, Double Closet
Kitchen	Flat	4.32 × 2.88 m (14'2" × 9'5")	Ceramic Floor, Eat-in Kitchen, Overlooks Living
Primary Bedroom	Flat	4.8 × 3.51 m (15'9" × 11'6")	Parquet, Double Closet, Overlooks Garden
Laundry	Flat	1.6 × 1.55 m (5'3" × 5'1")

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Somewhat walkable

🚇 Mount Dennis LRT2.3 km
🚆 Mount Dennis GO2.1 km

Within a 10-minute walk: no grocery stores, 4 cafés and restaurants, 7 parks, 2 pharmacies. Nearest park: Scarlett Mills Park (450 m).

Schools nearby

Elementary

Roselands Junior Public School
EQAO: Gr 6 reading 65%, math 17%16 min walk
Lambton Park Community School
EQAO: Gr 6 reading 73%, math 29%19 min walk
St. Demetrius Catholic School Catholic
EQAO: Gr 6 reading 96%, math 65%1.4 km
Warren Park Junior Public School
EQAO: Gr 6 reading 95%, math 43%1.6 km

Secondary

York Humber High School1.4 km
Rockcliffe Middle School1.5 km
Frank Oke Secondary School1.6 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M6N

Owners / renters: 58% / 42%
Median household income: $75,500
Average age: 41
Children under 15: 15%
Homes: 24% detached, 26% high-rise
Commute by transit: 28%
Population: 40,252

Languages spoken most at home besides English: Portuguese 9.6%, Spanish 5%, Vietnamese 3%, Italian 1.2%.

Flood and conservation Regulated area

This address is inside a conservation-authority regulated area (Toronto and Region Conservation Authority): near a valley, stream, shoreline or wetland, where flooding or erosion can occur. New building, additions, pools or grading usually need a permit from the authority.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Rockcliffe-Smythe (2025): about the Toronto average, down 10% from the year before.

Assaultabout average
Break and enter30% below average
Auto theft30% below average
Robberyabout average
Theft from vehiclesabout average
Shootings104% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 1 active

249 SCARLETT RD · 250 m

Site Plan · NOAC Issued · applied 2012

Proposal to construct a new (1) storey commercial/retail building on an existing vacant lot.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Toronto and Region Conservation Authority open data. Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 11 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built RA

Residential Apartment (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

Garage Repair/Reconstruction · 2025 · Permit Issued
Proposal for concrete repair in garage roof slab , columns and walls
Fire Alarm · 2022 · Permit Issued
Replacing The Existing Fire Alarm Panel and Annunciator Panel in the building
Balcony/Guard Repairs · 2022 · Permit Issued
Proposed balcony slab concrete rehabilitation

4 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

1 City street trees within 100 m. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX WEST REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Estimated monthly cost

Mortgage: $2,145
Property tax: $159
Maintenance: $742
Total: $3,046

$97,980 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $97,980
Land transfer tax (Ontario + Toronto): $12,662
Legal and other costs: ~$2,500
Total: $113,142

First-time buyers can get up to $8,475 of land transfer tax back. All closing costs

Adjust the numbers

Rental potential

$2,250/month

Typical asking rent for 1 bedroom condos like this within 2 km (28 for rent now; most $2,100–$2,300).

As a rental, with 20% down

Rent: $2,250
Mortgage: −$2,145
Property tax: −$159
Maintenance fee: −$742
Insurance, repairs, vacancy: −$170
Cash flow: −$966/month

Cap rate 2.9% · gross yield 5.5%. Rentals need 20% down. Rough figures before income tax; ask us for a full analysis.

Rent control: Depends on when the unit was first lived in: before Nov. 15, 2018 it’s covered by Ontario’s yearly limit (2.1% in 2026); after, there’s no cap.

See rentals nearby