$460,000

For sale

#1018 100 Mornelle Court, Toronto (Morningside) - Single Family for Sale

#1018 100 Mornelle Court, Toronto (Morningside), Ontario, M1E4X2

3 beds2 baths1 parking1,300 ft²$795/mo condo feeListed 11 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $460,000, it is attractively priced about 26% below the $620,000 median asking price in Toronto. It has been on the market 11 days, fresher than the Toronto average of 48 days.

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Description

Bright and well-maintained 2-storey condo townhouse in a highly convenient Scarborough location near Hwy 401 & Morningside! This spacious 2 + 1 bedroom home features a functional layout with generously sized principal rooms, large windows providing abundant natural light, and a private balcony with open views. Includes 1 underground parking space. Enjoy excellent building amenities including an indoor pool, gym, party room, security system, and ample visitor parking. Walking distance to University of Toronto Scarborough Campus, Centennial College, Pan Am Aquatic Centre, parks, shopping, TTC, and Rouge Valley Health - Centenary site. Close to top-rated schools including French Immersion programs, West Hill Collegiate Institute, elementary schools, and Pope John Paul II Catholic Secondary School. Easy access to Hwy 401 makes commuting a breeze. Ideal for first-time buyers, large families, or investors seeking great value in a thriving community. (id:66096)

Property Details

MLS®: E14114370
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Storeys: 2
Basement: None
Heating: Heat Pump, Electric
Cooling: Wall unit
Garage: Garage, Underground
Condo Fee: $795/mo
Fee Includes: Common Area Maintenance, Cable TV, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,138.68/yr
Listed: 11 days ago

Rooms

Main level

Living room: 5.88 x 5.85 meters
Dining room: 5.88 x 5.85 meters
Kitchen: 3.96 x 2.5 meters
Bedroom 3: 3.54 x 2.59 meters

Second level

Primary Bedroom: 4.93 x 3.11 meters
Bedroom 2: 4.39 x 2.64 meters
Laundry room: 2.83 x 1.68 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Flooring: Laminate
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

11d

Toronto (Morningside) listings, avg age

48d

Price / ft²

$354

List price

$460K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Morningside) has been listed for 11 days, which is 37 days fresher than the city average of 48. Act while there is still low competition.

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Listed by CENTURY 21 TITANS REALTY INC. · ROBIN ISLAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1E)

This home lists at $460,000, about 5.6× the local median household income of $82,000.

Carrying it typically needs a household income of about $89,854 (20% down, 25-yr amortization, stress-tested) — roughly 10% above the area median.

Median household income: $82,000
Population: 48,033
Median age: 41.2
Owner / renter: 63% / 37%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1E)

$460,000· $354/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,000

Min 5%50%

Mortgage payment$2,423/mo

↳ CMHC premium ($17,480 capitalized)

Property tax (est.)$95/mo

Condo fee$795/mo

Total monthly$3,312

Cash Needed to Close

Down payment (5%)$23,000

Land transfer tax$11,350

Est. closing costs$3,880

Total cash needed$38,230

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