10 Meadowglen Place Unit 1204, Toronto E09

Price: $588,888

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E12934024

Beautiful 3 Bedroom condo right at Markham and Ellesmere

10 Meadowglen Place Unit 1204 - Condo photo 1 of 6 in Scarborough (West Hill / Highland Creek), Ontario
10 Meadowglen Place Unit 1204 - Condo photo 2 of 6 in Scarborough (West Hill / Highland Creek), Ontario
10 Meadowglen Place Unit 1204 - Condo photo 3 of 6 in Scarborough (West Hill / Highland Creek), Ontario
10 Meadowglen Place Unit 1204 - Condo photo 4 of 6 in Scarborough (West Hill / Highland Creek), Ontario
10 Meadowglen Place Unit 1204 - Condo photo 5 of 6 in Scarborough (West Hill / Highland Creek), Ontario
10 Meadowglen Place Unit 1204 - Condo photo 6 of 6 in Scarborough (West Hill / Highland Creek), Ontario
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$588,888 - 10 Meadowglen Place Unit 1204, Highland Creek

Condo for Sale in Highland Creek

78 days on market
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E12934024
Property Type
Condo
Status
active
Days on Site
78
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Scarborough (West Hill / Highland Creek)
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Beautiful 3 Bedroom condo right at Markham and Ellesmere

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,021.30/mo

Includes CMHC insurance ($16,430)

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5%10%50%

5-yr fixed avg.

Principal: $529,999Interest: $359,961
Mortgage Amount$546,429
Total Interest$359,961
Est. Property Tax$417/mo
Total Cost$906,390

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Scarborough (West Hill / Highland Creek)

Discover Scarborough (West Hill / Highland Creek)

Scarborough (West Hill / Highland Creek) is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Scarborough (West Hill / Highland Creek)

  • Convenient location in Scarborough (West Hill / Highland Creek)
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Scarborough (West Hill / Highland Creek) offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

10 Meadowglen Place Unit 1204, Scarborough (West Hill / Highland Creek)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$417
Insurance (est.)-$123
Net Cash Flow+$1,570

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $589/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 78 days on site, this property has exceeded the typical selling timeline for Highland Creek. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Investment Perspective

Looking at this as an investment: Highland Creek properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,454 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    10 Meadowglen Place Unit 1204… — $588,888 | Battaglia Team