2 Manderley Drive Unit 701, Toronto E06

Price: $672,558

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E13711608

Wake up to stunning north-facing views overlooking greenery and a quiet residential neighbourhood, then step onto your private balcony to enjoy the peaceful surroundings. This spacious 3-bedroom, 2-bathroom suite is designed with family living in mind, featuring an open-concept layout, a generous kitchen area, and ample storage throughout. Welcome to 2 Manderley Drive, a boutique condominium nestled in East Toronto's sought-after historic Birch Cliff neighbourhood. Enjoy the best of both worlds-peaceful surroundings with easy access to everything you need. Major highways are nearby, while parks overlooking Lake Ontario and the Beach are less than 10 minutes away. TTC, dining, shops, and everyday conveniences are all within walking distance. Inside, the open-concept living and dining area creates a welcoming space for everyday family life and entertaining. The spacious primary bedroom features beautiful north views and a private connection to the balcony, while two additional bedrooms provide flexibility for family, guests, or a home office. Residents enjoy a wide range of amenities, including concierge, guest suite, fitness centre, meeting room, party room, rooftop terrace with dining and barbecue areas, children's play area, pet wash station, and more. **Listed price is NET of the Enhanced Rebate. Purchasers who are not eligible for the Enhanced Rebate will pay an additional 13% on the Net Purchase Price.

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$672,558 - 2 Manderley Drive Unit 701, Birch Cliff

Condo for Sale in Birch Cliff

43 days on market

Neighbourhood: Birchcliffe-Cliffside

3Beds
2Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
E13711608
Property Type
Condo
Status
active
Days on Site
43
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Birch Cliff / Cliffside
Taxes (2026)
$3,095
Maintenance Fees
$816/mo
Locker
None
Exposure
South East
Balcony
Open
Listing Brokerage
MILBORNE REAL ESTATE INC.
Description

Wake up to stunning north-facing views overlooking greenery and a quiet residential neighbourhood, then step onto your private balcony to enjoy the peaceful surroundings. This spacious 3-bedroom, 2-bathroom suite is designed with family living in mind, featuring an open-concept layout, a generous kitchen area, and ample storage throughout. Welcome to 2 Manderley Drive, a boutique condominium nestled in East Toronto's sought-after historic Birch Cliff neighbourhood. Enjoy the best of both worlds-peaceful surroundings with easy access to everything you need. Major highways are nearby, while parks overlooking Lake Ontario and the Beach are less than 10 minutes away. TTC, dining, shops, and everyday conveniences are all within walking distance. Inside, the open-concept living and dining area creates a welcoming space for everyday family life and entertaining. The spacious primary bedroom features beautiful north views and a private connection to the balcony, while two additional bedrooms provide flexibility for family, guests, or a home office. Residents enjoy a wide range of amenities, including concierge, guest suite, fitness centre, meeting room, party room, rooftop terrace with dining and barbecue areas, children's play area, pet wash station, and more. **Listed price is NET of the Enhanced Rebate. Purchasers who are not eligible for the Enhanced Rebate will pay an additional 13% on the Net Purchase Price.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,450.57/mo

Includes CMHC insurance ($18,764)

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5-yr fixed avg.

Principal: $605,302Interest: $411,105
Mortgage Amount$624,066
Total Interest$411,105
Est. Property Tax$476/mo
Total Cost$1,035,171

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: Birchcliffe-Cliffside

Discover Birchcliffe-Cliffside

Birchcliffe-Cliffside 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 Birchcliffe-Cliffside

  • •Convenient location in Birch Cliff / Cliffside
  • •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

Birchcliffe-Cliffside 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

2 Manderley Drive Unit 701, Birch Cliff / Cliffside

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$816
Property Tax (est.)-$476
Insurance (est.)-$140
Net Cash Flow+$1,328

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 $673/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 43 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. The $816/month fees should cover building insurance, common elements, and reserve contributions.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Birchcliffe-Cliffside

I know Birchcliffe-Cliffside well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Birch Cliff properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,802 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    2 Manderley Drive Unit 701 | $672,558 | Battaglia Team