2 Manderley Drive Unit 320, Toronto E06

Price: $710,000

2 bedrooms, 2 bathrooms

500 sqft

Property Type: Condo

MLS#: E13016598

Welcome to the manderley by NOVA - A Brand New Boutique Condominium in Toronto Birchcliffe Community. The stylish 1 + 1 Bedroom with 2 Full bathroom, Features a South Facing Exposure with balcony, Never lived in unit with brand new and modern ammenities. Ideally located just minitues From lake Ontario, The beach, Scarborough bluff, parks Local Dining, Shops And TTC Transit. Quick access to GO Station T.T.C Subway Station 20 minutes drive to downtown Toronto. Experience modern living combined with premium life style, fitness centre, rooftop terrace with BBQ party and room, guest and children are the perfect blend of comfort, convenience and contemporary lifestyle.

2 Manderley Drive Unit 320 - Condo photo 1 of 16 in Birch Cliff / Cliffside, Ontario
2 Manderley Drive Unit 320 - Condo photo 2 of 16 in Birch Cliff / Cliffside, Ontario
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delisted
1/16

$710,000 - 2 Manderley Drive Unit 320, Birch Cliff

Condo for Sale in Birch Cliff

Popular Listing
2Beds
2Baths
500Sq Ft
Condo
Property Details
MLS Number
E13016598
Property Type
Condo
Status
delisted
Days on Site
14
Bedrooms
2
Bathrooms
2
Square Feet
500 sqft
Neighbourhood
Birch Cliff / Cliffside
Locker
None
Exposure
South
Balcony
Enclosed
Listing Brokerage
SUTTON GROUP - SUMMIT REALTY INC.
Description

Welcome to the manderley by NOVA - A Brand New Boutique Condominium in Toronto Birchcliffe Community. The stylish 1 + 1 Bedroom with 2 Full bathroom, Features a South Facing Exposure with balcony, Never lived in unit with brand new and modern ammenities. Ideally located just minitues From lake Ontario, The beach, Scarborough bluff, parks Local Dining, Shops And TTC Transit. Quick access to GO Station T.T.C Subway Station 20 minutes drive to downtown Toronto. Experience modern living combined with premium life style, fitness centre, rooftop terrace with BBQ party and room, guest and children are the perfect blend of comfort, convenience and contemporary lifestyle.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,642.67/mo

Includes CMHC insurance ($19,809)

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5%10%50%

5-yr fixed avg.

Principal: $639,000Interest: $433,991
Mortgage Amount$658,809
Total Interest$433,991
Est. Property Tax$503/mo
Total Cost$1,092,800

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: Birch Cliff / Cliffside

Discover Birch Cliff / Cliffside

Birch Cliff / Cliffside 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 Birch Cliff / Cliffside

  • Convenient location in Birch Cliff / Cliffside
  • 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

Birch Cliff / Cliffside 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 Manderley Drive Unit 320, Birch Cliff / Cliffside

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$325
Property Tax (est.)-$503
Insurance (est.)-$148
Net Cash Flow+$1,224

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

Premium Pricing

At $1420/sqft, this property is priced above the Birch Cliff average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

Efficient Living

At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Investment Perspective

Looking at this as an investment: Birch Cliff properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,958 (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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