$1,025,000 - 4 Ecopark Gate, Morningside
Townhouse for Sale in Morningside
New — Listed 3 days ago- MLS Number
- E13447714
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 3
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Scarborough (Morningside / West Hill)
- Listing Brokerage
- RE/MAX GOLD REALTY INC.
Exceptional Duplex-Style Investment Opportunity! Perfect for investors and multi-generational families, this rare property features two fully self-contained side-by-side units, each with its own private entrance, garage, driveway, and identical functional layout. Each unit offers 2 bedrooms, a den/home office, spacious family and dining areas, a full kitchen with walkout to a private deck, and in-suite laundry. Combined, the property boasts 4 bedrooms, 4 bathrooms, 2 kitchens, 2 garages, and parking for 4 vehicles. Live in one unit and rent the other, or lease both for outstanding income potential. It's like owning two townhomes for the price of one! Conveniently located close to Highway 401, Centennial College, University of Toronto Scarborough, Toronto Zoo, parks, trails, shopping, restaurants, and everyday amenities.
Estimate your monthly payments for this property
Estimated Payment
$4,533.92/mo
5-yr fixed avg.
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.
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
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.
4 Ecopark Gate, Scarborough (Morningside / West Hill)
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $410/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Morningside'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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Morningside have shown strong appreciation as families seek more space.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Morningside.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Morningside properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,271 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.