40-50 Wayside Avenue Townhomes: 22 Homes Near Kennedy and Finch

40-50 Wayside Avenue Townhomes is a small, quiet corner of north Scarborough: 22 homes in one 1976 corporation, a short walk from Kennedy and Finch. With almost no sales and very little published about it, this is a complex you buy on documents and inspection, not on a glossy listing. I’m Jatin Dua, RE/MAX Quantum Realty.

A 22-home corporation from 1976

YCC-259 was registered in May 1976, one of a run of York Condominium Corporations registered across north Scarborough in the mid-1970s.

With 22 homes, it is a small corporation. That keeps decision-making close to the owners and the fee free of staff and amenity costs. It also means each major project, whether roofs, windows or paving, is shared by only 22 households, so the reserve fund has to be planned carefully.

Several nearby complexes were registered within months of this one, including YCC-248 on Buddleswood Court and Sandhurst Circle in Agincourt North and YCC-225 at 3000 Midland Avenue. Complexes of the same age face the same repair cycle, so their fee histories are a useful comparison when you weigh this one.

Condos.ca does not record a builder or a property manager here. I could not confirm either from other public sources. Ask the seller’s agent who manages the corporation before you book a showing, because you will want that manager’s contact for the status certificate.

The parking garage question

The one amenity condos.ca records for this complex is a parking garage. In a townhouse complex of this era, that usually means either built-in garages in the homes or a shared parking structure for the complex, and the two carry very different costs.

If parking is in a shared structure, it is probably one of the corporation’s largest single liabilities. Concrete slabs, waterproofing membranes, drainage and lighting all wear out, and repairs are expensive for a 22-home corporation. If parking is in individual garages, the cost is spread across roofs and doors instead.

Either way, ask the manager to point to parking on the reserve fund study and show you what has been spent, what is scheduled and how it will be paid for. Also confirm how many spaces come with the home and whether visitor parking exists.

What to expect inside

Condos.ca records the complex as one storey, which is how its database classifies many townhouse corporations rather than a description of the homes. I could not find a current listing or floor plan to describe the layouts, and none were for sale or lease when I checked.

Townhouses of this vintage in L’Amoreaux are typically family homes with separate living and dining rooms, bedrooms upstairs and a lower level that owners finish over time. Treat that as a general guide only, and confirm the specific home’s plan, bedroom count and size in person.

Condition will vary more than the plan. After 50 years, one home may still have its original kitchen while the next has been fully renovated, and the difference in price can be large. Ask what has been updated, by whom, and whether the corporation approved any exterior changes.

Buyers moving from an apartment should also price heating and cooling. In most townhouse complexes of this era, each home has its own furnace and hydro meter, so ask the seller for a year of utility bills and the age of the furnace, air conditioner and water heater, and check whether the water heater is owned or rented.

Living near Kennedy and Finch

L’Amoreaux is one of Scarborough’s postwar suburban neighbourhoods, bounded roughly by Victoria Park Avenue, McNicoll Avenue, Kennedy Road and Huntingwood Drive. Its housing is mostly detached homes and townhouses from the late 1950s onward, with some apartment and condominium towers.

This complex is at the eastern edge, near Kennedy and Finch, which puts plazas along both roads within easy reach. Both are busy arterial roads, but Wayside Avenue itself is a side street, so the homes sit back from the traffic while staying close to buses and shops. Visit at rush hour to judge the noise for yourself. Woodside Square, a mall at Finch and McCowan with a Food Basics and a public library branch, is a short drive east.

Further out, the Line 2 subway extension under construction will end at Sheppard Avenue and McCowan Road, south-east of here. It will not change this street overnight, but it will improve access to this side of Scarborough once it opens. The panel on this page shows today’s transit, schools and Walk Score for this address.

Pricing with almost no data

There were no homes listed for sale or lease here when I checked. With only 22 homes, a year can pass without a sale, so there is no meaningful building average I can quote.

To price a home, I use three reference points: recent sales of 1970s condominium townhouses in L’Amoreaux and Agincourt, the cost of a freehold semi nearby as the ceiling, and the condition of the specific home. Of the three, condition usually moves the price the most in a complex this old.

When you find a comparable, check that its parking is the same kind as here. A home with a built-in garage and one with a space in a shared structure are not the same product, and the fee and reserve fund picture behind each can differ.

For the actual sales record at this address, see the data panel on this page or ask me for a building sold report.

Building specifications

Amenities at 40-50 Wayside Avenue Townhomes

Beyond parking, there are no shared amenities on record. For a buyer, that means a fee that should be going almost entirely to insurance, upkeep and the reserve fund, and parking is the item to examine most closely.

Jatin’s honest take on 40-50 Wayside Avenue Townhomes

40-50 Wayside Avenue Townhomes — frequently asked questions

Looking at Agincourt, L’Amoreaux, Milliken, Dorset Park and Wexford in Scarborough more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.