$699,900 - 120 Murison Boulevard Unit 20, Morningside
Condo for Sale in Morningside
- MLS Number
- E13126564
- Property Type
- Condo
- Status
- active
- Days on Site
- 30
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Scarborough (Morningside / West Hill)
- Locker
- None
- Exposure
- South East
- Balcony
- None
- Listing Brokerage
- RE/MAX PRESIDENT REALTY
Welcome to this beautifully renovated corner-unit home offering exceptional convenience, flexibility, and natural light in one of Scarborough's most accessible locations. Location! Location! This property delivers. Situated directly in front of TTC bus stops, commuting is effortless at any hour. Enjoy immediate access to the 132 Milner route to Scarborough Town Centre, the 85 Sheppard East route connecting through Rouge Hill and Don Mills, as well as the 24-hour Blue Night bus service right at your doorstep. St. Florence Catholic Elementary School is within walking distance, parks, shopping, restaurants, and everyday amenities are all nearby, with Walmart just a short 5-minute walk away. Step inside and immediately appreciate the bright and airy feel created by the large surrounding windows that flood the home with natural light throughout the day. This move-in ready home has been thoughtfully updated with modern finishes including brand-new laminate flooring throughout, updated stairs, removal of all carpeting, and sleek new pot lights that elevate the space. The spacious living room features a unique corner nook ideal for study area, or work-from-home setup. The oversized eat-in kitchen offers plenty of room for a large family dining table and is surrounded by sun-filled windows overlooking the front yard, creating the perfect atmosphere for everyday living and entertaining. The standout features of this home is the newly finished main-floor 4th bedroom complete with its own private 3-piece bathroom and walk-out access to the backyard. This versatile space is perfect for in-laws, guests, rental income potential, or a private office/studio setup. Whether you are a growing family, investor, first-time buyer, or multi-generational household, this property offers incredible flexibility and value. A rare opportunity to own a renovated, transit-friendly, move-in ready home in a prime location - welcome home!
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
5-yr fixed avg.
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.
Discover Scarborough (Morningside / West Hill)
Scarborough (Morningside / West Hill) 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 (Morningside / West Hill)
- •Convenient location in Scarborough (Morningside / West Hill)
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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 (Morningside / West Hill) 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.
120 Murison Boulevard Unit 20, Scarborough (Morningside / West Hill)
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $583/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.
Market Position
At 30 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Morningside. Good resale value as demand remains consistent.
Investment Perspective
Looking at this as an investment: Morningside properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,916 (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.