Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · Dorset Park
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1470 Midland Ave, Toronto
Built
1992
Storeys
22
Suites
273
Developer
RMIC Building Corporation
Corporation
MTCC-1038
Walk Score
83
Free · about 45 seconds · no obligation
What is your unit at Scarborough Fair worth today?
Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.
- Uses this building’s own recent sales
- Adjusts for floor, view and parking
- Your number appears instantly
How you get around
Scores from Walk Score®
Walk Score
Very Walkable
Transit Score
Excellent Transit
Bike Score
Bikeable
Transit, nearest first
- 57MidlandTTC busSteps away
- 154Curran HallTTC busSteps away
- 54Lawrence EastTTC busSteps away
- 5Kennedy station LRT Platform stationLine 5 Eglinton2.2 km
- GOKennedy GOStouffville line2.2 km
Distances are straight-line from the building.
How far is everything?
From the front door, in kilometres.
Schools for this address
Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.
ElementaryJK–8
Donwood Park Public School
61 Dorcot Ave, Scarborough
0.6 km · ~9 min walk
Zoned for this address
High schoolGr 9–12
David and Mary Thomson Collegiate Institute
125 Brockley Dr, Scarborough
0.4 km · ~6 min walk
Zoned for this address
Catholic elementary
St Albert Catholic Elementary School
1.0 km · ~16 min walk
Nearest, confirm zoning
Catholic elementary
St Lawrence Catholic Elementary School
1.2 km · ~19 min walk
Nearest, confirm zoning
Catholic secondary
St. Joan of Arc Catholic Academy
1.7 km
Nearest, confirm zoning
French-language · MonAvenir (Catholic)
Pere Philipe Lamarche Catholic Secondary School
2.5 km
Nearest, confirm zoning
Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.
By the numbers
What units at Scarborough Fair actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| 1 bed | 2 | too few | 4 | $2,150/mo |
| 2 bed | 7 | $436,000 | 6 | $2,675/mo |
Table covers the last 24 months. TRREB MLS® System aggregates; a median is shown only with 3 or more deals, and sizes come from listing ranges. Not an appraisal: get an estimate for your unit.
Living here
Renters, Airbnb and elevators at Scarborough Fair
Do mostly owners or renters live here?
Mix of owners and renters. Of 36 deals here in the last 24 months, 20 were leases and 16 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.
Can you Airbnb a unit at Scarborough Fair?
Some owners here hold City registrations, but the condo’s own declaration and rules can still forbid short stays. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.
How reliable are the elevators?
Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.
Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.
Before you buy here
Five things the listing will not tell you about Scarborough Fair
- Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
- Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
- Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
- Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
- Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.
Send me the status certificate and I will flag anything that matters before your conditional period runs out.
Get my status certificate reviewedWatch this building
Know the moment a unit at Scarborough Fair lists or sells.
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- New listings for sale or rent here
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Building alerts
Takes about twenty seconds.
Eat, drink and shop nearby
Within about a 10-minute walk.
Shawarma
Amazing Shawarma Inc.
0.2 km · ~3 min walk
Chinese
Lucky's Chinese Restaurant
0.2 km · ~3 min walk
Sandwiches
Mr. Sub
0.2 km · ~3 min walk
Pizza
Pizza Pizza
0.2 km · ~3 min walk
Burgers
Burger King
0.2 km · ~3 min walk
Coffee
Tim Hortons
0.2 km · ~3 min walk
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Arsandco Park
- Donwood Park
- Thomson Memorial Park
Nearest grocery
FreshCo
0.2 km · ~3 min walk
Prices: TRREB MLS® System aggregate medians for 1470 Midland Ave, last 12 months (updated 18 October 2026), compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage; deemed reliable, not guaranteed. Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.
Scarborough Fair is where I point buyers who want real square footage for under $600,000 and are tired of paying a separate hydro bill. This 1992 RMIC tower at Midland and Lawrence has two-bedroom suites that are mostly in the 900s of square feet, an indoor pool and sauna, and a fee that covers heat, hydro and water. The trade-off is age, and I will be straight with you about what that means. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
Scarborough Fair is a 22-storey, 273-suite condominium at 1470 Midland Avenue, at the corner of Lawrence Avenue East in Scarborough’s Dorset Park neighbourhood. It was developed by RMIC Building Corporation and completed in 1992. The condominium corporation is MTCC-1038, registered on 20 October 1992, and condos.ca lists Crossbridge Condominium Services as manager. The fee includes common elements, heat, hydro, water, air conditioning and building insurance. Its twin, Scarborough Fair II at 2550 Lawrence Avenue East, is a separate corporation, MTCC-1039.
Scarborough Fair at a glance
One of two towers, and two separate corporations
Scarborough Fair is the first of a matched pair. RMIC Building Corporation put up 1470 Midland Avenue and its sibling at 2550 Lawrence Avenue East at the same time, and the two corporations were registered just two weeks apart in late 1992. This one is the 22-storey tower with 273 suites; the second is 21 storeys with 277.
From the street they read as one complex, but legally they are two buildings with two boards, two budgets and two reserve funds. That matters when you compare listings. A suite here and a near-identical suite next door can carry different fees and a different repair outlook, so do not assume what you learn about one applies to the other.
One listing source credits the design of 1470 Midland to architect Douglas B. Pollard and gives the tower a height of about 69 metres. I could not find a second source for the architect, so treat that as reported rather than confirmed.
Early-1990s floor plans: the size is the point
Condos.ca records suites from about 628 to 1,135 square feet. Every active listing I can see right now is a two-bedroom or a two-bedroom-plus-den, and the ones with a recorded size sit in the 900 to 999 square foot band. That is a family-sized apartment by today’s standards, when a new two-bedroom in Scarborough is often closer to 700.
Buildings of this era were planned for owner-occupiers, not investors, so you tend to get separate dining space, proper closets and a kitchen with a wall, not an island in the living room. Listing sources describe a variety of exposures and layouts across the tower, so walk more than one plan before you decide.
What you give up is the finish level of a new building. Expect original or owner-renovated kitchens and bathrooms, and price the renovation into your offer if the suite has not been updated. I could not find a published ceiling height, so measure it if it matters to you.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
What the fee covers, and why it looks high
Active listings here work out to about $0.87 per square foot in fees, with current monthly fees ranging from roughly $813 to $924. On a suite in the 900s of square feet, that is a real number, and it is the first thing buyers flinch at.
Look at what it includes before you compare. The fee covers common elements, heat, hydro, water, central air conditioning and building insurance. In most newer Scarborough towers, hydro is on your own meter and heat often is too, so the honest comparison adds a year of utility bills back onto the cheaper-looking building.
Parking is a question to settle. Condos.ca lists parking in the fee at Scarborough Fair II but not here, even though this tower has an underground garage. Ask the listing agent whether the suite comes with an owned or exclusive-use space, and whether any part of the parking cost sits outside the monthly fee.
All-inclusive fees have one more effect. Because the corporation pays the hydro bill for every suite, energy prices and the building’s mechanical efficiency flow straight into your fee. Ask whether the board has looked at sub-metering, and read the budget to see how much of the fee is utilities.
Midland and Lawrence, and the transit reset
Dorset Park is a working part of central Scarborough: low-rise residential streets, plazas, employment lands and everyday retail along the main roads. It is practical, not polished, and buyers who live here tend to value that. Scarborough Town Centre and the civic centre are a short drive north.
Transit in this pocket has been in flux. The Scarborough RT has been out of service since 2023, and the replacement is a dedicated busway along the old RT corridor from Kennedy Station to Scarborough Town Centre, with a stop at Lawrence East. NOW Toronto reported it was set to open on 30 September 2026, ahead of the original spring 2027 target, and it is meant to run until the three-stop Scarborough Subway Extension opens in the 2030s.
To the south, Line 5 Eglinton began service on 8 February 2026 with its eastern end at Kennedy. The data panel on this page shows the nearest stops, schools and parks from the building itself.
Pricing: around $500 a square foot
Condos.ca puts the building average at about $500 per square foot. That is low for Toronto and reflects the building’s age and the all-inclusive fee, which buyers price in. It is close to its twin next door, which sits at about $507.
The five suites currently for sale ask $399,800 to $580,000. That spread is wide for suites of similar size, which usually means condition is doing the work: a renovated suite on a high floor and an original one lower down are different purchases.
For what has actually traded, use the 12-month data panel above. If you are weighing a specific suite, my building sold report pulls the comparable sales so you are not guessing from asking prices.
Building specifications
| Building name | Scarborough Fair |
| Address | 1470 Midland Ave, Scarborough, Toronto M1P 4Z4 |
| Developer | RMIC Building Corporation |
| Architect | Douglas B. Pollard (one listing source; not independently confirmed) |
| Storeys | 22 |
| Total suites | 273 |
| Condo corporation | MTCC-1038 |
| Registered | 20 October 1992 |
| Property management | Crossbridge Condominium Services |
| Suite sizes | Approximately 628 to 1,135 sq ft |
| Maintenance fees | About $0.87 per sq ft across current listings |
| Fees include | Common elements, heat, hydro, water, air conditioning and building insurance |
| Sister building | Scarborough Fair II, 2550 Lawrence Ave E (MTCC-1039) |
Amenities at Scarborough Fair
An indoor pool and sauna with a staffed concierge is a fuller package than most buildings at this price offer. It is also the most expensive part of the building to run and eventually renew, which is part of what your fee pays for.
Jatin’s honest take on Scarborough Fair
Who this building suits
Families and downsizers who want a genuinely large two-bedroom and predictable monthly costs, and who would rather have heat and hydro in one fee than manage utility bills. It also suits first-time buyers who need a lower entry price per square foot and are willing to renovate over time.
What I’d want you to check
This is a 1992 building, so it is well past the point where original systems come due: windows and balcony doors, the garage membrane, elevators, the pool mechanicals and the heating and cooling plant. Read the reserve fund study, the latest budget and recent board minutes to see what has been done and what is planned. Confirm how parking is handled for your suite, and read the declaration and rules yourself, since condos.ca lists a pet restriction without detail.
The value question
At around $500 a square foot with hydro, heat and water bundled in, the value case here is space. A new two-bedroom nearby costs more and gives you less room, and you pay your own utilities. The risk is not the price, it is the repair cycle, so the value only holds if the reserve fund is in good shape. If it is, this is one of the more sensible ways to buy a large suite in central Scarborough.
Free building report: Scarborough Fair
Send me your email and I’ll put together a current report on Scarborough Fair — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.
- Every sale in the building over the last 12 months
- Current active listings and asking prices
- Maintenance fee breakdown and what’s included
- My read on which exposures and floors hold value
Tell me what you are planning
Three quick answers so I come back with something useful, usually the same day.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
Scarborough Fair — frequently asked questions
Who built Scarborough Fair at 1470 Midland Ave?
RMIC Building Corporation developed it, completing the tower in 1992 alongside its twin at 2550 Lawrence Avenue East.
How tall is Scarborough Fair and how many suites does it have?
It is 22 storeys with 273 suites. One listing source puts the height at about 69 metres.
What do the maintenance fees include?
Common elements, heat, hydro, water, air conditioning and building insurance. Current listings work out to about $0.87 per square foot.
Is parking included in the fee?
Condos.ca does not list parking in the fee here, although the building has an underground garage. Confirm with the listing agent and the status certificate whether the suite has a space and how it is charged.
What amenities does the building have?
An indoor pool, sauna, exercise room, concierge, security guard and security system, plus an underground garage. BBQs are listed as permitted.
How big are the suites?
Condos.ca records about 628 to 1,135 square feet. Most current listings are two-bedrooms in the 900s of square feet.
Who manages the building?
Condos.ca lists Crossbridge Condominium Services. Management can change, so confirm on the status certificate.
Is Scarborough Fair the same corporation as Scarborough Fair II?
No. 1470 Midland is MTCC-1038 and 2550 Lawrence Avenue East is MTCC-1039, with separate boards, budgets and reserve funds.
Are pets allowed?
Condos.ca lists a pet restriction but not the detail. Read the declaration and rules in the status certificate before you buy.
What is changing for transit near Midland and Lawrence?
The Scarborough RT has been replaced by a busway from Kennedy to Scarborough Town Centre with a Lawrence East stop, reported to open on 30 September 2026, until the Scarborough Subway Extension opens in the 2030s.
How much do condos at Scarborough Fair sell for?
Over the last 12 months the median resale at Scarborough Fair was $430,000, across 9 sales. The typical unit sold in 23 days at about 96% of the asking price. That works out to roughly $515 per square foot.
How much is rent at Scarborough Fair?
The median lease at Scarborough Fair over the last 12 months was $2,550/mo, from 10 leases. Units typically leased in 15 days.
What does each unit type cost at Scarborough Fair?
Over the last 24 months: One-bedrooms rented for $2,150/mo; Two-bedrooms sold for a median $436,000 and rented for $2,675/mo. Each median uses three or more deals.
Are prices at Scarborough Fair up or down since 2022?
Down about 27%. The median sold price per square foot was $701 in 2022 and $515 over the last 12 months. Pricing off 2022 comparables is the most common mistake sellers make here.
What rental yield does Scarborough Fair offer an investor?
At a median price of $430,000 and a median rent of $2,550 a month, the gross yield is about 7.1%, before maintenance fees, property tax, insurance and mortgage interest. Net cash flow depends on the fee and your down payment, so run the numbers for the exact unit.
Do mostly owners or renters live at Scarborough Fair?
A mix of both. Of the deals here in the last 24 months, 56% were leases and 44% were sales.
Can you Airbnb a unit at Scarborough Fair?
Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows 1 active short-term rental registration at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.
Has Scarborough Fair had elevator outages?
None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.
What schools is Scarborough Fair zoned for?
For TDSB public schools, the address is zoned for Donwood Park Public School (Elementary, JK–8), David and Mary Thomson Collegiate Institute (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.
What is the Walk Score of Scarborough Fair?
Walk Score 83, Transit Score 73 and Bike Score 59. Most daily errands can be done on foot.
What restaurants and shops are near Scarborough Fair?
Within about a 10-minute walk: Amazing Shawarma Inc. (Shawarma), Lucky's Chinese Restaurant (Chinese), Mr. Sub (Sandwiches), Pizza Pizza (Pizza), Burger King (Burgers). The closest grocery store is FreshCo, 0.2 km away.
Which parks are near Scarborough Fair?
Arsandco Park, Donwood Park, Thomson Memorial Park are the closest green spaces.
What is my unit at Scarborough Fair worth?
Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.
How do I find out when a unit at Scarborough Fair lists or sells?
Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.
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.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
About the author — Jatin Dua, Toronto condo broker
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty. I work condo buildings across Toronto and the GTA every week, including Agincourt, L’Amoreaux, Milliken, Dorset Park and Wexford in Scarborough. What buyers and sellers usually need is someone who knows the individual buildings: which exposures get the light, which corporations keep healthy reserve funds, and which units are priced past what they will appraise for.
If you’re buying or selling at Scarborough Fair, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.
More Agincourt, L’Amoreaux, Milliken, Dorset Park and Wexford in Scarborough building guides: 1 Greystone Walk · 10 Cardwell Avenue Townhouses · 10 Reidmount Avenue Townhouses · 10 Stonehill Court Condos · 100 Prudential Drive Condos · 1000 Bridletowne Circle Townhouses
More resources: GTA condo directory · Building sold report · Book a call
© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.