430 Mclevin Avenue Unit 1008, Toronto E11

Price: $564,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E13425370

This spacious Two Bedroom , Two Washroom condo unit comes with Two U/G parking, One Locker, Large open balcony, Quartz Counters, Under Mount Sink, S/S Kitchen appliances and Laminate flooring. Convenient location close to Schools, Recreation Center, Library, Medical Center, Shopping, Mall and Park. Few minutes to 401 and Ttc within steps. move in condition in a very well maintained building.

430 Mclevin Avenue Unit 1008 - Condo photo 1 of 20 in Scarborough (Morningside / West Hill), Ontario
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active
New Listing
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$564,900 - 430 Mclevin Avenue Unit 1008, Morningside

Condo for Sale in Morningside

New — Listed 3 days ago
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E13425370
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Scarborough (Morningside / West Hill)
Locker
Exclusive
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX COMMUNITY REALTY INC.
Description

This spacious Two Bedroom , Two Washroom condo unit comes with Two U/G parking, One Locker, Large open balcony, Quartz Counters, Under Mount Sink, S/S Kitchen appliances and Laminate flooring. Convenient location close to Schools, Recreation Center, Library, Medical Center, Shopping, Mall and Park. Few minutes to 401 and Ttc within steps. move in condition in a very well maintained building.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,898.23/mo

Includes CMHC insurance ($15,761)

$
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5%10%50%

5-yr fixed avg.

Principal: $508,410Interest: $345,298
Mortgage Amount$524,171
Total Interest$345,298
Est. Property Tax$400/mo
Total Cost$869,469

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 (Morningside / West Hill)

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

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 (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.

70
Walk Score
Varies
Price Range

430 Mclevin Avenue Unit 1008, Scarborough (Morningside / West Hill)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$400
Insurance (est.)-$118
Net Cash Flow+$1,192

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 $565/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.

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.

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 $2,354 (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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