$579,900 - 25 Priya Lane Unit 7, Morningside
Condo for Sale in Morningside
Neighbourhood: Malvern
- MLS Number
- E13607544
- Property Type
- Condo
- Status
- active
- Days on Site
- 28
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Scarborough (Morningside / West Hill)
- Locker
- None
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- LPT REALTY
This contemporary townhouse features 2 spacious bedrooms and 2 well-appointed bathrooms, offering a bright, open-concept layout filled with natural light. The sought-after Portia model by Ambria showcases an expansive rooftop terrace, ideal for relaxing, entertaining guests, or enjoying outdoor dining. The spacious living and dining areas flow effortlessly into a modern kitchen complete with stainless steel appliances and ample cabinetry. The unit also includes underground parking, a dedicated bike storage area, and convenient visitor parking nearby. Ideally located close to the University of Toronto Scarborough, Centennial College, Scarborough Town Centre, schools, grocery stores, Hwy 401, and public transit, including express bus routes to universities and colleges. Residents will also appreciate easy access to nearby parks, scenic nature trails, ravines, tennis courts, community recreation facilities, and a wide variety of everyday amenities for convenient urban living.
Estimate your monthly payments for this property
Estimated Payment
$2,975.19/mo
Includes CMHC insurance ($16,179)
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 7, Scarborough (Morningside / West Hill)
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $483/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 28 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. We'll want to verify the monthly fees and what they include.
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 $2,416 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.