121 Ling Road Unit 808, Toronto E10

Price: $399,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E13109064

Bright and spacious two-bedroom residence offering excellent value and exceptional potential in a highly desirable community. Featuring a west-facing exposure, this unit is filled with natural light throughout the day and enjoys beautiful sunset views. The functional open-concept layout provides great flexibility, with the possibility to create a home office, den, or additional living space to suit your needs. Generous living and dining areas extend to a large private balcony, offering a great setting for everyday living or entertaining. The kitchen offers a practical layout with an eat-in area and full appliance package, ready for your personal updates and design vision. Two full four-piece bathrooms and ensuite laundry add to the overall convenience and livability of the unit.Being sold in "as is" condition, this property presents an excellent opportunity for first-time buyers looking to enter the market, or investors seeking a value-add opportunity with strong upside potential. With solid bones, generous space, and a prime location close to transit, shopping, and amenities, this is a rare chance to customize and add value in a sought-after area.

121 Ling Road Unit 808 - Condo photo 1 of 39 in Rouge / Port Union / Malvern, Ontario
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$399,000 - 121 Ling Road Unit 808, Rouge

Condo for Sale in Rouge

36 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E13109064
Property Type
Condo
Status
active
Days on Site
36
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Rouge / Port Union / Malvern
Locker
Exclusive
Exposure
West
Balcony
Open
Listing Brokerage
EXP REALTY
Description

Bright and spacious two-bedroom residence offering excellent value and exceptional potential in a highly desirable community. Featuring a west-facing exposure, this unit is filled with natural light throughout the day and enjoys beautiful sunset views. The functional open-concept layout provides great flexibility, with the possibility to create a home office, den, or additional living space to suit your needs. Generous living and dining areas extend to a large private balcony, offering a great setting for everyday living or entertaining. The kitchen offers a practical layout with an eat-in area and full appliance package, ready for your personal updates and design vision. Two full four-piece bathrooms and ensuite laundry add to the overall convenience and livability of the unit.Being sold in "as is" condition, this property presents an excellent opportunity for first-time buyers looking to enter the market, or investors seeking a value-add opportunity with strong upside potential. With solid bones, generous space, and a prime location close to transit, shopping, and amenities, this is a rare chance to customize and add value in a sought-after area.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

$
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5%10%50%

5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

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: Rouge / Port Union / Malvern

Discover Rouge / Port Union / Malvern

Rouge / Port Union / Malvern 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 Rouge / Port Union / Malvern

  • Convenient location in Rouge / Port Union / Malvern
  • 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

Rouge / Port Union / Malvern 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

121 Ling Road Unit 808, Rouge / Port Union / Malvern

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,344

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 $399/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 36 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.

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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    121 Ling Road Unit 808, Rouge /… — $399,000 | Battaglia Team