$519,000 - 25 Priya Lane Unit 19, Morningside
Condo for Sale in Morningside
New — Listed 7 days agoNeighbourhood: Malvern
- MLS Number
- E13507260
- Property Type
- Condo
- Status
- active
- Days on Site
- 7
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Scarborough (Morningside / West Hill)
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- HOMELIFE/MIRACLE REALTY LTD
Don't miss this opportunity to own a Brand New Condo Townhouse in a Prime Location! This bright and modern 2-bedroom home features a functional open-concept layout, a stylish kitchen with stainless-steel appliances, and convenient ensuite laundry. Enjoy low-maintenance urban living with a private balcony and rooftop terrace, perfect for relaxing or entertaining with stunning views of the sunset.Ideally located close to schools, parks, shopping, and public transit, with transit right at your doorstep. Just minutes to Highway 401, University of Toronto, and Centennial College, making this property an excellent choice for first-time buyers, professionals, and investors. Includes one owned underground parking space and bicycle storage. A fantastic opportunity to own a brand new home in a growing and highly connected community. Book your showing today!
Estimate your monthly payments for this property
Estimated Payment
$2,662.74/mo
Includes CMHC insurance ($14,480)
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 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
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.
25 Priya Lane Unit 19, 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 $519/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. We'll want to verify the monthly fees and what they include.
Bathroom Count Matters
With 3 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.
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.
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 $2,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.