20 Orchid Place Drive Unit 310, Toronto E11

Price: $499,900

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: E13859116

Location, Location ! Bright and spacious 2-bedroom corner condo featuring 2 washrooms and approximately 800 sq. ft. of living space plus a private balcony. Both bedrooms offer large windows with abundant natural sunlight. The open-concept living and dining area provides a seamless flow with a walk-out to the balcony. Enjoy a modern kitchen with stainless steel appliances and a full-sized washer and dryer. Parking included. Conveniently located just minutes from transit, Highway 401, Centennial College, and the University of Toronto Scarborough Campus an ideal location for comfort and accessibility !

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active
New Listing
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$499,900 - 20 Orchid Place Drive Unit 310, Morningside

Condo for Sale in Morningside

New — Listed 4 days ago

Neighbourhood: Malvern

2Beds
2Baths
800Sq Ft
Condo

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Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
E13859116
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Scarborough (Morningside / West Hill)
Taxes (2026)
$2,348
Maintenance Fees
$505/mo
Locker
None
Exposure
South West
Balcony
Open
Listing Brokerage
RE/MAX METROPOLIS REALTY
Description

Location, Location ! Bright and spacious 2-bedroom corner condo featuring 2 washrooms and approximately 800 sq. ft. of living space plus a private balcony. Both bedrooms offer large windows with abundant natural sunlight. The open-concept living and dining area provides a seamless flow with a walk-out to the balcony. Enjoy a modern kitchen with stainless steel appliances and a full-sized washer and dryer. Parking included. Conveniently located just minutes from transit, Highway 401, Centennial College, and the University of Toronto Scarborough Campus an ideal location for comfort and accessibility !

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

$
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5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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: Malvern

Discover Malvern

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 Malvern

  • •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

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

20 Orchid Place Drive Unit 310, Scarborough (Morningside / West Hill)

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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)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$505
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,237

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 $625/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. The $505/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 800 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.

About Malvern

I know Malvern 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.

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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    20 Orchid Place Drive Unit 310 | $499,900 | Battaglia Team