Year Built
1990
Mid-Rise Condo
Rainbow Village I Condos
by Hanson Construction Inc
2460 Eglinton Avenue E, Scarborough, ON M1K 5J7
Total Units
334
Avg $/sqft
$473
Storeys
18
Available Units in Rainbow Village I Condos
2
Units for sale
From $579,900
2
Units for rent
From $2,700/mo
Live MLS · Updated daily
Overview
Rainbow Village I Condos was completed in 1990 by Hanson Construction Inc. While some buyers associate high maintenance fees with older buildings, maintenance fees at 2472 Eglinton Ave E and 2460 Eglinton Ave E are only $0.49 per-square-foot. These Eglinton East condos for sale offer floor plans that are more spacious than most modern condos. There are 334 suites in this 18-storey residence, and units range from 476 square feet to 1755 square feet.
This condo has a high demand ranking per Strata.ca analytics and a Walk Score of 79. Maintenance fees at 2472 Eglinton Ave E, 2460 Eglinton Ave E are only $0.49, which is quite a bit lower than the city average of about $0.67 per-square-foot.
Developer
Hanson Construction Inc
Year Built
1990
Property Type
Mid-Rise Condo
Storeys
18
Total Units
334
Management
Crossbridge Condominium Services Ltd.
Amenities
Underground Parking
Indoor Pool
Games Room
Fitness Centre
Visitor Parking
Party Room
24/7 Concierge
Price History
54 recordsLoading history…
Market Stats
Prices in Rainbow Village I Condos are down 36.0% compared to last year.
$473
Avg $/sqft
-36.0%
YoY change
10
Avg days on market
Location & Walkability
Walk Score
79/100
Daily errands on foot
Transit Score
100/100
TTC, GO, subway access
Bike Score
51/100
Bike lanes & infrastructure
Neighbourhood in Scarborough
Eglinton East
family-friendly diverse affordable
Eglinton East is a diverse neighbourhood in Scarborough. It offers affordable housing options and a mix of amenities.
Diverse community with a high immigrant population Good schools rated 5.5 on average Affordable housing compared to city median Multiple parks and playgrounds available Convenient access to public transit
Scarborough, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Day to dayLivability
5.5
Schools near listings
out of 10 · averaged over 951 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$540,000
32% below Scarborough 24% below Ontario
In Eglinton East
$540,000
In Scarborough
$799,000
In Ontario
$714,900
Median monthly rent
$2,350/mo
2% below Scarborough 6% below Ontario
In Eglinton East
$2,350
In Scarborough
$2,400
In Ontario
$2,500
≈ 19.1 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
47
Median $540,000
Condos 38 · Houses 9
For rent
33
Median $2,350
Recently sold
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Recently leased
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Market data as of 2026-10-18. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Median home prices are lower than the city average
- Many elementary and secondary schools nearby
- Variety of restaurants and grocery stores
- Family-friendly with plenty of parks
Keep in mind
- Higher unemployment rate compared to the city average
- Limited options for gyms and libraries
The feel of the placeLifestyle
Daily life in Eglinton East is relaxed, with families enjoying local parks and schools. The community is vibrant and welcoming.
Great for first-time buyers families renters
Within the boundaryWhat's nearby
The boundary
3.2 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
5
Parks
24
Playgrounds
1
Transit stations
3
Grocery stores
14
Restaurants
3
Cafés
7
Pharmacies
Counted across all 3.2 km² of Eglinton East. From OpenStreetMap, as of 2026-10-19.
The schoolsWhich schools, and how they rate
5.7/10
Average rating of the 6 rated schools in this area
6
Elementary
2
Secondary
Académie Alexandre-Dumas
Public · French · Grades JK–6 · Conseil scolaire Viamonde
7.3/106.4 over 5 yrs687th of 3,045 Ontario elementary schools
185 students · EQAO 2024-2025
ÉSC Père-Philippe-Lamarche
Independent · French · Grades 9–12 · CSC MonAvenir
6.0/10390th of 742 Ontario secondary schools
280 students · EQAO 2024-2025
John McCrae Public School
Public · Grades JK–8 · Toronto DSB
5.6/105.0 over 5 yrs1,868th of 3,045 Ontario elementary schools
720 students · EQAO 2024-2025
Lord Roberts Junior Public School
Public · Grades JK–6 · Toronto DSB
5.4/106.6 over 5 yrs1,985th of 3,045 Ontario elementary schools
335 students · EQAO 2024-2025
Glen Ravine Junior Public School
Public · Grades JK–6 · Toronto DSB
4.9/105.5 over 5 yrs2,233rd of 3,045 Ontario elementary schools
265 students · EQAO 2024-2025
St Joan of Arc Catholic Academy
Catholic · Grades 9–12 · Toronto CDSB
4.7/104.6 over 5 yrs582nd of 742 Ontario secondary schools
910 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Eglinton East, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
22,820
Population (2021)
3.2 km²
Area
7,092
People per km²
40.1
Median age
$77,524
Median income
46%
Own their home
2.8
People per household
8,220
Households
Every age
- Children (under 15)16.6%
- Working age (15–64)66.7%
- Seniors (65+)16.7%
What is built here
- Detached houses18.8%
- Semi-detached1.8%
- Townhouses6%
- Duplexes6.9%
- Low-rise apartments2.1%
- High-rise apartments64.3%
Own or rent
46%Owners
53%Renters
Across 8,220 households
When it was built
Mostly 1961–1980
- 1960 or earlier22%
- 1961–198042%
- 1981–199015%
- 1991–200011%
- 2001–20052%
- 2006–20102%
- 2011–20151%
- 2016–20214%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 58.9%
- Born outside Canada
- 26.3%
- Hold a degree or higher
- 48.1%
- Employment rate
- 34.6%
- Commute by transit
- 59.5%
- Commute by car
- 1.8
- Children per family
- $70,016
- Median income after tax
- $86,380
- Average household income
- 14.3%
- Living on a low income
- $1,167/mo
- Renters pay, per month
- $1,542/mo
- Owners pay, per month
- $653,764
- Median home value at census
- 23.3%
- Renters spending 30%+ of income on housing
- 28.8%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 25 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)
