20 Meadowglen Place Unit 824, Toronto E09

Price: $340,000

2 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: E13113622

Beautifully designed 1-bedroom + den, 1-bathroom suite at ME2 Condos featuring high ceilings, modern flooring, and large windows with stunning views. Functional open-concept layout with versatile den, spacious primary bedroom with ensuite, and contemporary kitchen with quartz/granite countertops, stainless steel appliances, Enjoy a private balcony, in-suite laundry, owned locker, with heat and water included. Premium amenities include 24-hour concierge, fitness , rooftop outdoor pool & BBQ area, theatre/games room, party room, guest suites, EV charging, and bike storage. Prime location steps to transit, schools, parks, shopping, groceries, and mosque, minutes to Centennial College, University of Toronto Scarborough, Scarborough Town Centre, and easy access to Highway 401. Buyer & Buyer Agent To Confirm Measurement. Seller is motivated and open to thoughtful negotiations-present your offer with confidence

20 Meadowglen Place Unit 824 - Condo photo 1 of 19 in Scarborough (West Hill / Highland Creek), Ontario
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$340,000 - 20 Meadowglen Place Unit 824, Highland Creek

Condo for Sale in Highland Creek

2Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
E13113622
Property Type
Condo
Status
active
Days on Site
28
Bedrooms
2
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Scarborough (West Hill / Highland Creek)
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

Beautifully designed 1-bedroom + den, 1-bathroom suite at ME2 Condos featuring high ceilings, modern flooring, and large windows with stunning views. Functional open-concept layout with versatile den, spacious primary bedroom with ensuite, and contemporary kitchen with quartz/granite countertops, stainless steel appliances, Enjoy a private balcony, in-suite laundry, owned locker, with heat and water included. Premium amenities include 24-hour concierge, fitness , rooftop outdoor pool & BBQ area, theatre/games room, party room, guest suites, EV charging, and bike storage. Prime location steps to transit, schools, parks, shopping, groceries, and mosque, minutes to Centennial College, University of Toronto Scarborough, Scarborough Town Centre, and easy access to Highway 401. Buyer & Buyer Agent To Confirm Measurement. Seller is motivated and open to thoughtful negotiations-present your offer with confidence

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,744.38/mo

Includes CMHC insurance ($9,486)

$
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5-yr fixed avg.

Principal: $306,000Interest: $207,827
Mortgage Amount$315,486
Total Interest$207,827
Est. Property Tax$241/mo
Total Cost$523,313

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 824, 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)
5.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$325
Property Tax (est.)-$241
Insurance (est.)-$71
Net Cash Flow+$1,563

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 $680/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 28 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.

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 824, S… — $340,000 | Battaglia Team