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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® W14152478For SaleCondominium

1704-240 Scarlett Rd

Rockcliffe-Smythe, Toronto, Ontario M6N 4X4

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1704-240 Scarlett Rd, Toronto, photo 1
Asking$609,000
Bedrooms
3
Bathrooms
2
Size
1,000–1,199sq ft
Per sq ft
$554at the range’s middle
Tax a year
$2,5022026 tax year
Parking
11 underground
Days on market
Members

The brief

About 1704-240 Scarlett Rd

1704-240 Scarlett Rd is a 3-bedroom, 2-bathroom condo in Rockcliffe-Smythe, Toronto, listed for sale at an asking price of $609,000 (MLS® W14152478).

Welcome to Unit #1704 in the highly sought-after Lambton Square! From the moment you step inside, you're greeted by breathtaking panoramic views over the Humber River and lush parkland-complete with a glimpse of the Toronto skyline and CN Tower.This well designed condo features 3 spacious bedrooms and 2 full bathrooms. The large light-filled sunken living room boasts an expansive window and a walk-out to a generous private balcony, perfect for taking in the scenery. The open concept layout connects the dining area and kitchen to the living room, allowing you to enjoy scenic views right from your kitchen table.The primary bedroom offers a comfortable retreat with a private ensuite featuring a luxurious walk-in bathtub. The main bathroom includes a large walk-in shower.The oversized parking spot is conveniently located close to condo entrance in the underground parking area. Situated in a quiet, beautifully maintained complex with landscaped grounds and walking and seating areas.. Amenities include an outdoor pool, sundeck, gym, social room, car wash station. Unbeatable Location: Nature lovers will love the access to hiking and biking trails along the Humber River. Just steps to TTC transit, close to the Eglinton Crosstown LRT, with quick access to major highways and Toronto Pearson Airport. Don't miss out!

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Near break-even

    −$471/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 6 homes with 3 bedrooms for lease in Rockcliffe-Smythe right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$2,502 / 2026
MLS® number
W14152478
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
1000-1199 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: ROYAL LEPAGE REAL ESTATE SERVICES LTD.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Rockcliffe-Smythe
Municipality
Toronto

Building

Size
1000-1199 sqft
Construction
Brick

Inside

Bedrooms
3
Bathrooms
2
Bathroom Details
1 × 4pc Flat, 1 × 3pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Fan Coil

Additional

Fireplace
No
Den
No
Family room
No
Extras
fridge, stove, dishwasher, microwave, washer, dryer, walk in bathtub, (all in as in condition)- extra large parking spot. Pet friendly building (2 pets allowed- with dogs up to 35 lbs)
Condo maint.
$1,058

Rooms

RoomSizeFeaturesLevel
Foyer0.0 × 0.0 mCloset, Open ConceptFlat
Living3.63 × 5.43 mW/O To Balcony, North View, Large WindowFlat
Dining3.71 × 3.83 mOpen Concept, O/Looks LivingFlat
Kitchen2.27 × 4.31 mEat-In Kitchen, O/Looks LivingFlat
Primary3.97 × 4.56 mLarge Closet, 4 Pc Bath, Walk-in BathFlat
2nd Br2.99 × 4.11 mLarge Closet, LaminateFlat
3rd Br2.8 × 4.11 mCloset, LaminateFlat
Laundry1.72 × 1.8 m—Flat

Listing history

Buy/sell history for 1704-240 Scarlett Rd, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$609,000N/AFor SaleW14152478

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $121,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$121,800
Total mortgage amount
$487,200
Total interest payment
$346,500
Total purchase cost
$955,500
Mortgage payment
$2,779/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

34%

Monthly carrying cost

$4,046
−$471per month
  • Rent $3,575
  • Shortfall $471

Rental income opens at $3,575, the median asking rent of 6 comparable homes for lease in Rockcliffe-Smythe. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$8,655
Toronto municipal land transfer tax
$8,655
Total land transfer tax
$17,310
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$8,835
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $609,000
$4,180
Ontario total
$8,655

Toronto’s municipal tax uses the same brackets at this price, so it adds another $8,655.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • In the mapped Ravine and Natural Feature Protection area

What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Zoning

Zone

RA (x459)

By-law

569-2013

Municipality

Toronto
Residential Apartment zone (RA)
  1. 1 x459

    Site-specific exception 459: this site has rules of its own, written in the by-law.

  2. 2 Where this is written

    Chapter 15, section 15.10 of By-law 569-2013 · Exception 900.7.10(459)

  3. 3 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

7 building permits cleared at this address in the City’s file.

  • Backflow Prevention Devices (Water only)Application On Hold

    Proposed supply and installation 8" backflow on fire line and Judo filter

    Applied October 21, 2026

  • Garage Repair/ReconstructionPermit Issued

    Proposal for concrete repair in garage roof slab , columns and walls

    Issued October 2, 2025

  • Inside and Outside DrainsRevision Issued

    Revision #01 - This is a revision to permit #21 148199 STS 00 DR where the chambers and check valves have been completely removed from the scope of work.Proposal to install 3 backflow prevention devices and subsequent piping in an existing apartment building.

    Issued August 28, 2024

  • Fire AlarmPermit Issued

    Replacing The Existing Fire Alarm Panel and Annunciator Panel in the building

    Issued August 29, 2022

  • Balcony/Guard RepairsPermit Issued

    Proposed balcony slab concrete rehabilitation

    Issued April 11, 2022

  • Backflow Prevention Devices (Water only)Refusal Notice

    Proposal to install 3 backflow prevention devices and subsequent piping in an existing apartment building.

    Applied November 17, 2020

  • HVAC: Other Group C BuildingsInspection

    Proposed replacement of heating and cooling supply and return risers for an existing residential building.

    Issued June 19, 2019

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Signals around this home

No open development applications within 800 m of this home.

The market

Condos for sale in Rockcliffe-Smythe right now

For sale now
10
Median asking price
$604K

Middle half: $586K to $706K

New in 7 days
2

5 in 28 days

Price cuts
10%

1 listing

This home is asking 1% above the median.

See all homes in Rockcliffe-Smythe

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
Mount Dennis StationTTC light rail: Line 5 EglintonGO Transit train: KitchenerUP Express train2.2 km
Weston GOGO Transit train: KitchenerUP Express train2.8 km
Old Mill StationTTC subway: Line 2 Bloor-Danforth3 km
Royal York StationTTC subway: Line 2 Bloor-Danforth3 km
Keelesdale StationTTC light rail: Line 5 Eglinton3.2 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Roselands Junior Public SchoolToronto DSBPublic · grades JK–81 km48%Grade 6 average
Lambton Park Community SchoolToronto DSBPublic · grades JK–81.2 km56%Grade 6 average
St Demetrius Catholic SchoolToronto CDSBCatholic · grades JK–81.5 km84%Grade 6 average
ÉÉC Notre-Dame-de-GrâceConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–84.2 km90%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Frank Oke Secondary SchoolToronto DSBPublic · grades 9–12800 m—
York Humber High SchoolToronto DSBPublic · grades 9–121.4 km—
St Oscar Romero Catholic Secondary SchoolToronto CDSBCatholic · grades 9–122.2 km44%Grade 9 math
École secondaire Toronto OuestConseil scolaire ViamondeFrench-language public · grades 9–126 km82%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Rockcliffe-Smythe are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record