2 Dailing Gate Unit 56, Toronto E11

Price: $499,900

4 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: E13119636

Beautiful end unit townhouse in a meticulously maintained community, offering 3 spacious bedrooms and a finished basement with separate access. The kitchen is highly upgraded with quartz countertops, a centre island, stainless steel appliances, and large windows that fill the space with natural light, complemented by pot lights throughout. Upstairs is a comfortable retreat, each bedroom featuring large windows that bring in natural light and well proportioned closet space to support organized and family living. The finished basement provides additional living space with a fireplace which can be converted into a separate apartment for rental income or an in law suite with direct access to underground parking. Located in a highly sought after and exceptionally connected neighbourhood, this property offers unmatched convenience for families and investors alike. Just minutes to University of Toronto Scarborough and Centennial College, making it ideal for student living or strong rental demand. Families will appreciate access to schools at every level, from junior to secondary, all within close proximity. Enjoy nearby parks, walking trails, community centres, and recreational facilities, perfect for an active lifestyle. Commuters benefit from quick access to Highway 401, allowing seamless travel across the GTA, while TTC transit is just a short walk away for added convenience. Everyday essentials are within easy reach, including shopping, dining, grocery stores, major retailers, and Scarborough Town Centre, one of the area's premier shopping destinations. Residents enjoy access to an outdoor pool within the complex. Roof replaced approximately one year ago. You don't want to miss out on this.

2 Dailing Gate Unit 56 - Condo photo 1 of 32 in Scarborough (Morningside / West Hill), Ontario
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$499,900 - 2 Dailing Gate Unit 56, Morningside

Condo for Sale in Morningside

37 days on market
4Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
E13119636
Property Type
Condo
Status
active
Days on Site
37
Bedrooms
4
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Scarborough (Morningside / West Hill)
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
ROYAL LEPAGE IGNITE REALTY
Description

Beautiful end unit townhouse in a meticulously maintained community, offering 3 spacious bedrooms and a finished basement with separate access. The kitchen is highly upgraded with quartz countertops, a centre island, stainless steel appliances, and large windows that fill the space with natural light, complemented by pot lights throughout. Upstairs is a comfortable retreat, each bedroom featuring large windows that bring in natural light and well proportioned closet space to support organized and family living. The finished basement provides additional living space with a fireplace which can be converted into a separate apartment for rental income or an in law suite with direct access to underground parking. Located in a highly sought after and exceptionally connected neighbourhood, this property offers unmatched convenience for families and investors alike. Just minutes to University of Toronto Scarborough and Centennial College, making it ideal for student living or strong rental demand. Families will appreciate access to schools at every level, from junior to secondary, all within close proximity. Enjoy nearby parks, walking trails, community centres, and recreational facilities, perfect for an active lifestyle. Commuters benefit from quick access to Highway 401, allowing seamless travel across the GTA, while TTC transit is just a short walk away for added convenience. Everyday essentials are within easy reach, including shopping, dining, grocery stores, major retailers, and Scarborough Town Centre, one of the area's premier shopping destinations. Residents enjoy access to an outdoor pool within the complex. Roof replaced approximately one year ago. You don't want to miss out on this.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

$
$
5%10%50%

5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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 (Morningside / West Hill)

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

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 (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.

70
Walk Score
Varies
Price Range

2 Dailing Gate Unit 56, Scarborough (Morningside / West Hill)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,320/mo
Range: $2,822 - $3,818
Cap Rate (ROI)
5.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,320
Maintenance Fees-$780
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$2,082

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 $417/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 37 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.

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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    2 Dailing Gate Unit 56 | $499,900 | Battaglia Team