50 Old Kingston Road Unit 1-304, Toronto E10

Price: $359,900

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: E13143942

Nestled within the Eesti Kodu Inc. 55+ co-op community atop the picturesque UTSC Valley, this newly renovated 2-bedroom, 1-bathroom suite offers over 700 sq ft of spacious living in a truly serene setting. Enjoy a bright and modern interior featuring brand new stainless steel appliances, stylish shaker-style cabinetry, and elegant quartz countertops. The expansive 33-foot balcony provides a peaceful westerly exposure - the perfect place to unwind and enjoy nature's beauty. Residents enjoy an abundance of amenities including an indoor pool, sauna, landscaped gardens, workshop, library, exercise room, party room, and large laundry facility, as well as a variety of clubs/special interest activities. Ideally located close to public transit, Highway 401, shopping, and restaurants, with walking trails, parks, and gardens just steps away. A rare opportunity to enjoy comfort, community, and convenience in a nature-filled setting. Eesti Kodu Inc. is a self-managed co-op community designed for owners 55 and older who are looking to downsize into an affordable and convenient location. Suite comes with a large 8x8 locker located at your underground parking spot. Maintenance fees conveniently include heat, hydro, water, all property taxes, cable & Bell Fibe internet! Must meet age requirement to purchase. Photos are virtually staged.

50 Old Kingston Road Unit 1-304 - Condo photo 1 of 34 in Rouge / Port Union / Malvern, Ontario
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$359,900 - 50 Old Kingston Road Unit 1-304, Rouge

Condo for Sale in Rouge

2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
E13143942
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Rouge / Port Union / Malvern
Locker
Exclusive
Exposure
West
Balcony
Open
Listing Brokerage
UNION REALTY BROKERAGE INC.
Description

Nestled within the Eesti Kodu Inc. 55+ co-op community atop the picturesque UTSC Valley, this newly renovated 2-bedroom, 1-bathroom suite offers over 700 sq ft of spacious living in a truly serene setting. Enjoy a bright and modern interior featuring brand new stainless steel appliances, stylish shaker-style cabinetry, and elegant quartz countertops. The expansive 33-foot balcony provides a peaceful westerly exposure - the perfect place to unwind and enjoy nature's beauty. Residents enjoy an abundance of amenities including an indoor pool, sauna, landscaped gardens, workshop, library, exercise room, party room, and large laundry facility, as well as a variety of clubs/special interest activities. Ideally located close to public transit, Highway 401, shopping, and restaurants, with walking trails, parks, and gardens just steps away. A rare opportunity to enjoy comfort, community, and convenience in a nature-filled setting. Eesti Kodu Inc. is a self-managed co-op community designed for owners 55 and older who are looking to downsize into an affordable and convenient location. Suite comes with a large 8x8 locker located at your underground parking spot. Maintenance fees conveniently include heat, hydro, water, all property taxes, cable & Bell Fibe internet! Must meet age requirement to purchase. Photos are virtually staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,846.47/mo

Includes CMHC insurance ($10,041)

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5-yr fixed avg.

Principal: $323,910Interest: $219,991
Mortgage Amount$333,951
Total Interest$219,991
Est. Property Tax$255/mo
Total Cost$553,942

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: Rouge / Port Union / Malvern

Discover Rouge / Port Union / Malvern

Rouge / Port Union / Malvern 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 Rouge / Port Union / Malvern

  • Convenient location in Rouge / Port Union / Malvern
  • 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

Rouge / Port Union / Malvern 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

50 Old Kingston Road Unit 1-304, Rouge / Port Union / Malvern

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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)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$255
Insurance (est.)-$75
Net Cash Flow+$1,415

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 $514/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 22 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 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.

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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    50 Old Kingston Road Unit 1-304… — $359,900 | Battaglia Team