30 Meadowglen Place Unit 514, Toronto E09

Price: $559,900

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: New Construction

MLS#: E12799726

Welcome to this beautifully upgraded 2-bedroom, 2 full washroom suite offering comfort, convenience, and style. Featuring upgraded flooring throughout, granite countertops, and a functional open-concept layout, this unit is perfect for first-time buyers, down sizers, or investors. Included are 1 parking spot and 1 locker for added convenience. Enjoy a unique lifestyle feature with a skating ice rink located right at the front of the building perfect for winter enjoyment just steps from your door. Situated in a prime location just minutes to Highway 401, Toronto Transit Commission transit, Scarborough Town Centre, Centennial College, University of Toronto, and the Toronto Zoo. Surrounded by shopping, dining, schools, and everyday amenities, this is urban living at its best. A fantastic opportunity in a highly accessible and sought-after neighbourhood.

30 Meadowglen Place Unit 514 - New Construction photo 1 of 21 in Scarborough (West Hill / Highland Creek), Ontario
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$559,900 - 30 Meadowglen Place Unit 514, Highland Creek

New Construction for Sale in Highland Creek

105 days on market
2Beds
2Baths
700 - 1,099Sq Ft
New Construction
Property Details
MLS Number
E12799726
Property Type
New Construction
Status
active
Days on Site
105
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Scarborough (West Hill / Highland Creek)
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
ROYAL LEPAGE IGNITE REALTY
Description

Welcome to this beautifully upgraded 2-bedroom, 2 full washroom suite offering comfort, convenience, and style. Featuring upgraded flooring throughout, granite countertops, and a functional open-concept layout, this unit is perfect for first-time buyers, down sizers, or investors. Included are 1 parking spot and 1 locker for added convenience. Enjoy a unique lifestyle feature with a skating ice rink located right at the front of the building perfect for winter enjoyment just steps from your door. Situated in a prime location just minutes to Highway 401, Toronto Transit Commission transit, Scarborough Town Centre, Centennial College, University of Toronto, and the Toronto Zoo. Surrounded by shopping, dining, schools, and everyday amenities, this is urban living at its best. A fantastic opportunity in a highly accessible and sought-after neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,872.58/mo

Includes CMHC insurance ($15,621)

$
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5%10%50%

5-yr fixed avg.

Principal: $503,910Interest: $342,242
Mortgage Amount$519,531
Total Interest$342,242
Est. Property Tax$397/mo
Total Cost$861,773

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

30 Meadowglen Place Unit 514, Scarborough (West Hill / Highland Creek)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$397
Insurance (est.)-$117
Net Cash Flow+$1,886

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 $800/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.

Negotiation Opportunity

At 105 days on site, this property has exceeded the typical selling timeline for Highland Creek. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Efficient Living

At 700 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: Highland Creek properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,333 (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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    30 Meadowglen Place Unit 514, S… — $559,900 | Battaglia Team