240 Scarlett Rd #807 is a 1-bedroom, 1-bathroom condo in Toronto, listed for $489,900. It has 800-899 sq ft of living space.
1Welcome to 240 Scarlet Rd #807 --- a bright, spacious 1-bedroom retreat overlooking the Humber River.
2Inside 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.
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.
1 bedroom, 1 bathroom, about 800 sq ft, works out to roughly $612 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 240 Scarlett Rd #807
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
800-899 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
240 Scarlett Rd #807 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13718434$489,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 240 Scarlett Rd #807 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,407
/mo
based on the purchase price of $489,900
$97,980 cash
$391,920 financed
$330,100 total interest
Principal54%$391,920
Interest46%$330,100
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–3 bed homes for sale in Toronto around $490K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5097.1%On average, homes sold at or above asking.
Active listings12,686Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 9,303 sales from Jul 24 – Oct 22, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
2 for sale · 2 for rent at 240 Scarlett Rd — plus its sale and lease history.
240 Scarlett Rd #807 is listed at $489,900 (MLS® W13718434). Summitly updates the price as soon as the MLS® record changes.
Is $489,900 a good price for 240 Scarlett Rd #807?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 240 Scarlett Rd #807 changed?
No — 240 Scarlett Rd #807 is still listed at its original asking price of $489,900.
How many bedrooms and bathrooms does 240 Scarlett Rd #807 have?
240 Scarlett Rd #807 has 1 bedroom and 1 bathroom, with about 800–899 square feet of living space. It is a condo in Toronto.
Is 240 Scarlett Rd #807 close to transit?
The nearest rapid-transit station is Mount Dennis Station (Line 5, Kitchener GO, UP Express), about 2.1 km in a straight line. Weston GO Station is about 2.7 km, and Royal York Station is about 3.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 240 Scarlett Rd #807?
About $2,407 a month — principal and interest on $489,900 with 20% down ($97,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 240 Scarlett Rd #807 compare with other homes in Toronto?
Its asking price of $489,900 is about 42% below the median sold price in Toronto over the last 90 days, $845,000, across 9,303 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 240 Scarlett Rd #807 been sold before?
Summitly has no earlier MLS® sale or lease of 240 Scarlett Rd #807 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 240 Scarlett Rd #807?
240 Scarlett Rd #807 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 240 Scarlett Rd #807 been on the market?
56 days — 240 Scarlett Rd #807 was listed on August 27, 2026.
What is the price per square foot of 240 Scarlett Rd #807?
About $545 to $612 per square foot: the asking price of $489,900 over the 800–899 sq ft the listing gives as its size range.
Does 240 Scarlett Rd #807 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
