20 Meadowglen Place Unit 1408, Toronto E09

Price: $409,000

2 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: E13435012

Welcome to ME 2 Condos featuring a stylish and functional 1 bedroom plus den, 1 bathroom suite with 1 parking space and 1 owned locker located on the 14th floor offering a bright open-concept layout with modern finishes throughout, spacious living and dining area with walkout to a private balcony showcasing city views toward Downtown Toronto and Markham Road, primary bedroom with floor-to-ceiling windows providing abundant natural light, versatile separate den ideal for a home office or guest space with room for a single bed, contemporary 4-piece bathroom, resort-style amenities including a Miami-inspired rooftop terrace with pool, BBQ areas and multiple lounging spaces, access to the exclusive ME 2 Club featuring a fitness and yoga studio, sports lounge, billiards and games room, party and dining rooms, guest suites and private theatre, seasonal skating rink on-site in winter, and an unbeatable location close to Hwy 401, public transit, U of T Scarborough, Centennial College, shopping and parks, offering true move-in-ready urban living.

20 Meadowglen Place Unit 1408 - Condo photo 1 of 10 in Scarborough (West Hill / Highland Creek), Ontario
20 Meadowglen Place Unit 1408 - Condo photo 2 of 10 in Scarborough (West Hill / Highland Creek), Ontario
20 Meadowglen Place Unit 1408 - Condo photo 3 of 10 in Scarborough (West Hill / Highland Creek), Ontario
20 Meadowglen Place Unit 1408 - Condo photo 4 of 10 in Scarborough (West Hill / Highland Creek), Ontario
20 Meadowglen Place Unit 1408 - Condo photo 5 of 10 in Scarborough (West Hill / Highland Creek), Ontario
20 Meadowglen Place Unit 1408 - Condo photo 6 of 10 in Scarborough (West Hill / Highland Creek), Ontario
20 Meadowglen Place Unit 1408 - Condo photo 7 of 10 in Scarborough (West Hill / Highland Creek), Ontario
20 Meadowglen Place Unit 1408 - Condo photo 8 of 10 in Scarborough (West Hill / Highland Creek), Ontario
20 Meadowglen Place Unit 1408 - Condo photo 9 of 10 in Scarborough (West Hill / Highland Creek), Ontario
20 Meadowglen Place Unit 1408 - Condo photo 10 of 10 in Scarborough (West Hill / Highland Creek), Ontario
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New Listing
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$409,000 - 20 Meadowglen Place Unit 1408, Highland Creek

Condo for Sale in Highland Creek

New — Listed 2 days ago
2Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
E13435012
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Scarborough (West Hill / Highland Creek)
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX COMMUNITY REALTY INC.
Description

Welcome to ME 2 Condos featuring a stylish and functional 1 bedroom plus den, 1 bathroom suite with 1 parking space and 1 owned locker located on the 14th floor offering a bright open-concept layout with modern finishes throughout, spacious living and dining area with walkout to a private balcony showcasing city views toward Downtown Toronto and Markham Road, primary bedroom with floor-to-ceiling windows providing abundant natural light, versatile separate den ideal for a home office or guest space with room for a single bed, contemporary 4-piece bathroom, resort-style amenities including a Miami-inspired rooftop terrace with pool, BBQ areas and multiple lounging spaces, access to the exclusive ME 2 Club featuring a fitness and yoga studio, sports lounge, billiards and games room, party and dining rooms, guest suites and private theatre, seasonal skating rink on-site in winter, and an unbeatable location close to Hwy 401, public transit, U of T Scarborough, Centennial College, shopping and parks, offering true move-in-ready urban living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,098.38/mo

Includes CMHC insurance ($11,411)

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5-yr fixed avg.

Principal: $368,100Interest: $250,004
Mortgage Amount$379,511
Total Interest$250,004
Est. Property Tax$290/mo
Total Cost$629,515

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

20 Meadowglen Place Unit 1408, Scarborough (West Hill / Highland Creek)

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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)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$325
Property Tax (est.)-$290
Insurance (est.)-$85
Net Cash Flow+$1,500

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

Fair Market Value

At $818/sqft, this property is priced in line with current Highland Creek market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Highland Creek's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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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    20 Meadowglen Place Unit 1408… — $409,000 | Battaglia Team