23-91 Muir Drive, Toronto E08

Price: $499,999

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: E13793624

*****Welcome to this Spacious, well maintained 3 Bedroom and 2 washroom condo unit in one of Scarborough's most sought - after neighborhood. ideal for first - time home Buyers and growing family. Three generous sized bedrooms with large windows and two portable air conditioning units. Spacious and open concept Living/ Dining Room W/Bay Window. Bright white kitchen cabinets W/Lots of storage space and a large pantry. Fully Fenced private front yard and garden to enjoy the freshness of outdoor. Convenient main floor laundry W/Ample storage and a full laundry sink! Carpet Free. Entry access from both the sides of the building. Ample visitors parking. Steps to public Transit, Schools, shopping, Restaurants & Parks ! Don't miss this great opportunity.

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$499,999 - 23-91 Muir Drive, Scarborough

Condo for Sale in Scarborough

Neighbourhood: Scarborough Village

3Beds
2Baths
1,200Sq Ft
Condo

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Property Details
MLS Number
E13793624
Property Type
Condo
Status
active
Days on Site
21
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Scarborough Town Centre
Taxes (2025)
$1,433
Maintenance Fees
$757/mo
Locker
Owned
Exposure
West
Balcony
None
Listing Brokerage
CHOICE HOMES REALTY INC.
Description

*****Welcome to this Spacious, well maintained 3 Bedroom and 2 washroom condo unit in one of Scarborough's most sought - after neighborhood. ideal for first - time home Buyers and growing family. Three generous sized bedrooms with large windows and two portable air conditioning units. Spacious and open concept Living/ Dining Room W/Bay Window. Bright white kitchen cabinets W/Lots of storage space and a large pantry. Fully Fenced private front yard and garden to enjoy the freshness of outdoor. Convenient main floor laundry W/Ample storage and a full laundry sink! Carpet Free. Entry access from both the sides of the building. Ample visitors parking. Steps to public Transit, Schools, shopping, Restaurants & Parks ! Don't miss this great opportunity.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,565.25/mo

Includes CMHC insurance ($13,950)

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5-yr fixed avg.

Principal: $449,999Interest: $305,627
Mortgage Amount$463,949
Total Interest$305,627
Est. Property Tax$354/mo
Total Cost$769,576

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 Village

Discover Scarborough Village

Scarborough Village 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 Village

  • •Convenient location in Scarborough Town Centre
  • •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 Village 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

23-91 Muir Drive, Scarborough Town Centre

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$757
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,705

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 $417/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 21 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 $757/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 Scarborough Village

I know Scarborough Village 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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    23-91 Muir Drive, Scarborough Town Centre | $499,999 | Battaglia Team