240 Scarlett Rd #1612, Toronto — Condo For Sale $799,000

Name: 240 Scarlett Road, Unit 1612
SKU: W14103894
Price: 799000 CAD
Availability: InStock

2 Bed, 2 Bath Condo in Rockcliffe-Smythe, Toronto

Unit 1612 at 240 Scarlett Road

Elevated Living at Lambton Square - A View Above the Rest. Perched on the 16th floor, this reimagined two-bedroom, two-bathroom suite at Lambton Square offers more than just a home; it offers a lifestyle. Wake up to sweeping, unobstructed panoramas of the Humber River valley and the Lambton Golf & Country Club, framed perfectly by wall-to-wall, floor-to-ceiling windows. The interior is a masterclass in modern comfort. Fully renovated in 2024, the chef-inspired kitchen features warm grey cabinetry, stone counters, and a seamless pass-through that keeps your living space open and inviting. The primary suite is your private sanctuary, complete with custom built-ins, motorized window coverings (with solar and blackout shades), and a luxurious three-piece ensuite. With a designer laundry room, a spacious second bedroom, and thoughtful custom finishes throughout, every square foot feels intentional and refined. The condo maintenance fee includes so much, including free Internet, cable TV and Crave tv. Step onto your private balcony and experience sunsets that turn the sky into a nightly show. Combining the vibrancy of The Junction and Bloor West Village with the serenity of river trails and parkland, this is where convenience meets calm. Work on your Golf game at the course literally at your doorstep. No commute to a park or to a view; living here, you make it your daily reality in comfort and style.

2 bedrooms, 2 bathrooms, about 1,200 sq ft, works out to roughly $666 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 #1612

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 1200-1399 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 #1612 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 21, 2026For saleListedThis listingMLS® W14103894$799,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 240 Scarlett Rd #1612 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 15,688 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $842,000
Average sold price: $1,080,877
Average days on market: 32
Homes sold: 9,226

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$842,000Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5138.8%On average, homes sold at or above asking.
Active listings12,752Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 26 – Jul 25, 2026: prices up.

Based on 9,226 sales from Jul 25 – Oct 23, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 1612 — 240 Scarlett Road 2 bd · 2 ba · 1,200 sqft	$799,000asking	$666	—	—
2067 Lake Shore Boulevard 2 bd · 2 ba · 900 sqft
5 Valhalla Inn Road 1 bd · 1 ba · 700 sqft
199 Richmond Street 1 bd · 1 ba · 500 sqft
23 Hollywood Avenue 2 bd · 2 ba · 1,000 sqft
88 Harbour Street 1 bd · 1 ba · 500 sqft
280 Simcoe Street 2 bd · 2 ba · 1,400 sqft

2067 Lake Shore Boulevard
2 bd · 2 ba · 900 sqft
5 Valhalla Inn Road
1 bd · 1 ba · 700 sqft
199 Richmond Street
1 bd · 1 ba · 500 sqft
23 Hollywood Avenue
2 bd · 2 ba · 1,000 sqft
88 Harbour Street
1 bd · 1 ba · 500 sqft
280 Simcoe Street
2 bd · 2 ba · 1,400 sqft

More in this building

2 for sale · 2 for rent at 240 Scarlett Rd — plus its sale and lease history.

See all of 240 Scarlett Rd

Living in Rockcliffe-Smythe, Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Mount Dennis StationLine 5, Kitchener GO, UP Express2.1 km
Weston GO StationKitchener GO, UP Express2.7 km
Royal York StationLine 23.1 km

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Mount Dennis Station (Line 5, Kitchener GO, UP Express)2.1 km
Weston GO Station (Kitchener GO, UP Express)2.7 km
Royal York Station (Line 2)3.1 km

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Mount Dennis Station
2.1 kmClosest· Line 5, Kitchener GO, UP Express
Homes near Mount Dennis Station
Weston GO Station
2.7 km· Kitchener GO, UP Express
Homes near Weston GO Station
Royal York Station
3.1 km· Line 2
Homes near Royal York Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 240 Scarlett Rd #1612. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 240 Scarlett Rd #1612

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,925; 20% down · 25 years · 5.5% assumed
Property tax: $439; 0.66% mill rate · ON
Total per month: $4,364; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$3,925

/mo

based on the purchase price of $799,000

Down payment20%

$159,800 cash

Amortization25 yr

$639,200 financed

Rate5.50%

$538,374 total interest

Principal54%$639,200

Interest46%$538,374

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

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.

Book a tour of 240 Scarlett Rd #1612 with a licensed buyer's agent

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Questions About 240 Scarlett Rd #1612

How much is 240 Scarlett Rd #1612 listed for?

240 Scarlett Rd #1612 is listed at $799,000 (MLS® W14103894). Summitly updates the price as soon as the MLS® record changes.

Is $799,000 a good price for 240 Scarlett Rd #1612?

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 #1612 changed?

No — 240 Scarlett Rd #1612 is still listed at its original asking price of $799,000.

How many bedrooms and bathrooms does 240 Scarlett Rd #1612 have?

240 Scarlett Rd #1612 has 2 bedrooms and 2 bathrooms, with about 1,200–1,399 square feet of living space. It is a condo in Rockcliffe-Smythe, Toronto.

Is 240 Scarlett Rd #1612 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 #1612?

About $3,925 a month — principal and interest on $799,000 with 20% down ($159,800), 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 #1612 compare with other homes in Toronto?

Its asking price of $799,000 is about 5% below the median sold price in Toronto over the last 90 days, $842,000, across 9,226 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 #1612 been sold before?

Summitly has no earlier MLS® sale or lease of 240 Scarlett Rd #1612 on record from the last two years. Older records aren't shown under TRREB rules.

What neighbourhood is 240 Scarlett Rd #1612 in?

240 Scarlett Rd #1612 is in Rockcliffe-Smythe, Toronto. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 240 Scarlett Rd #1612 been on the market?

2 days — 240 Scarlett Rd #1612 was listed on October 21, 2026.

What is the price per square foot of 240 Scarlett Rd #1612?

About $571 to $666 per square foot: the asking price of $799,000 over the 1,200–1,399 sq ft the listing gives as its size range.

Does 240 Scarlett Rd #1612 have parking or a garage?

Yes — the listing gives 1 parking space. Garage: Yes.

240 Scarlett Rd #1612, Rockcliffe-Smythe, Toronto

What you should know