203 - 30 Meadowglen Place

If you're on the lookout for a fantastic investment opportunity, look no further than this stunning condo for sale in Scarborough , located at 30 Meadowglen Place, Scarborough. This delightful one-bedroom apartment is not just a place to live; it’s a chance to earn a steady income from day one. Currently leased at an impressive £2,000 per month until October 2026, this property is a turnkey investment that promises a net cap rate of approximately 5.2%.

Nestled in the vibrant community of Woburn, this condo for sale in Scarborough boasts a prime location in Toronto, making it an ideal choice for both investors and those looking to settle down. The building itself is a modern concrete structure, offering a stylish and secure living environment. With a total of four rooms, including a spacious bedroom and a well-appointed bathroom, this apartment is designed for comfort and convenience.

As you step inside, you'll be greeted by an abundance of natural light streaming through the large, floor-to-ceiling windows. The main kitchen is perfect for whipping up your favourite meals, and the unit features a handy two-piece ensuite laundry, making chores a breeze. Although there’s no den or additional rooms, the layout is thoughtfully designed to maximise space and functionality.

One of the standout features of this condo for sale in Scarborough is the oversized balcony, which provides a lovely outdoor space to unwind after a long day. Imagine sipping your morning coffee or enjoying a glass of wine in the evening while taking in the views of the surrounding area. It’s the perfect spot for relaxation or entertaining friends.

While the condo does not come with a pool or fireplace, it more than makes up for it with its impressive amenities. Residents have access to a well-equipped gym, a party room for social gatherings, and a games room for some fun and leisure. Plus, with a 24/7 concierge service, you can rest assured that assistance is always just a call away.

The property is unfurnished, allowing you to personalise the space to your taste. The central air conditioning will keep you cool during those warm summer months, and the forced air heating system ensures a cosy atmosphere during the winter. Although there is no central vacuum system, the absence of a basement and additional land means less maintenance and more time to enjoy your new home.

Parking is available in the underground garage, although this particular unit does not come with a designated parking space. However, the location at 30 Meadowglen Place, Scarborough, offers easy access to public transit, making commuting a breeze. With the nearby Highway 401, Scarborough Town Centre, Centennial College, and the University of Toronto all within reach, you’ll find everything you need just a stone’s throw away.

In summary, this condo for sale in Scarborough is a remarkable opportunity for anyone looking to invest in a thriving area of Toronto. With its prime location, modern features, and excellent amenities, it’s the perfect place to call home or a smart addition to your investment portfolio. Don’t miss out on this chance to own a piece of Woburn; make 30 Meadowglen Place, Scarborough, your next investment today! Whether you’re a first-time buyer or a seasoned investor, this property is sure to impress.

Woburn, nestled within the vibrant city of Scarborough, is a charming residential area characterised by its tranquil streets and well-maintained green spaces. The neighbourhood boasts a mix of modern amenities and local shops, providing residents with convenient access to everyday necessities. With its proximity to public transport links, Woburn offers easy connectivity to the bustling heart of Scarborough and beyond. Families will appreciate the nearby schools and recreational facilities, while the community's friendly atmosphere fosters a sense of belonging. Whether you're taking a leisurely stroll through the parks or enjoying the local cafés, Woburn presents a delightful blend of suburban comfort and urban convenience.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. Within just 0.5 km, you'll find two public elementary schools: Bellmere Junior Public School and Churchill Heights Public School, both offering English language instruction for grades JK to 6 and JK to 8, respectively, with ratings of 6.2 and 7.3. Woburn Collegiate Institute, a secondary school for grades 9 to 12, is also within 0.5 km, although it currently has a school rating of 0. Additionally, Tredway Woodsworth Public School, which offers French language instruction for grades JK to 8, is located 1.1 km away, with a rating of 5.5. For those seeking a Catholic education, St. Thomas More Catholic School is just 0.6 km from the property, serving grades JK to 8 with a rating of 5.8. St. John Paul II Catholic Secondary School, offering grades 9 to 12, is a bit further at 3.0 km and has a rating of 7.3. Overall, this area provides a variety of educational options, ensuring that families have access to quality schooling for their children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,511 residents, with an average household size of 2.7. The demographic profile indicates a relatively young community, with an average age of 33.6 years. The average household income stands at $79,200, although 18.8% of the population is classified as low-income. The real estate market reflects a median home price of $660,000, with a significant portion of the community being renters at 62.73%. Condominiums are particularly prevalent, making up 63.64% of the housing stock. Notably, 43.08% of residents are single, while nearly half (48.72%) live in households with children. The area is characterized by a diverse population, with 60.29% of residents being immigrants. Education levels are high, with 66.07% of the population holding a college or university degree. However, a notable 26.34% of residents are not in the labor force, indicating potential challenges in employment opportunities. Overall, this vibrant community offers a mix of young families, educated individuals, and a diverse cultural background, making it an appealing location for potential homeowners and investors.