$1,099,800 - 50 Panda Square, Morningside
Detached for Sale in Morningside
New — Listed 3 days ago- MLS Number
- E13429342
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Scarborough (Morningside / West Hill)
- Listing Brokerage
- ROYAL LEPAGE IGNITE REALTY
Welcome to 50 Panda Square! This beautifully maintained and freshly painted detached home is located in the highly sought-after Rouge community, just steps to TTC transit, parks, shopping, community amenities, and everyday conveniences. Families will appreciate the close proximity to Alvin Curling Public School (JK-Grade 8) and St. Jean de Brebeuf Catholic School (JK-Grade 8). The bright and functional main floor features spacious living and dining areas, a welcoming family room, and a stunning brand-new kitchen with modern cabinetry, quartz countertops, quartz backsplash, stainless steel appliances, updated flooring, and a breakfast area with walk-out to a large deck overlooking the backyard. Direct garage access adds everyday convenience. The second floor offers 4 generously sized bedrooms and 2 full bathrooms. Additional upgrades include modern lighting, California shutters, zebra blinds throughout, and a lifetime roof for added peace of mind. The fully finished basement features a separate entrance and is completely self-contained with 2 bedrooms, a full bathroom, a kitchen, and its own private laundry, while the main level also has a separate laundry area, providing excellent convenience and privacy. Current tenants are willing to stay or vacate, offering flexibility for investors and end users alike. A fantastic opportunity to own a spacious, move-in-ready home in a family-friendly neighbourhood close to Highway 401, schools, parks, transit, and all essential amenities.
Estimate your monthly payments for this property
Estimated Payment
$4,864.79/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.
50 Panda Square, 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 $733/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.
Detached Home Advantages
Detached homes in Morningside are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 6 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 4 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 $4,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.