28 Rosebank Drive Unit 503, Toronto E11

Price: $790,000

3 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: E13595998

Welcome to This Beautifully Maintained 3 Bedroom, 3 Bathroom Townhouse Offering the Perfect Blend of Space, Comfort, and Convenience. Thoughtfully Updated With Modern Flooring, Fresh Paint, and New Blinds Throughout, This Move in Ready Home Features a Bright, Functional Layout Designed for Everyday Living. The Spacious Primary Suite Serves as a Private Retreat With a 5 Piece Ensuite, While the Convenience of Second Floor Laundry Adds to the Home's Practicality. Enjoy Two Parking Spaces Right at Your Doorstep and Plenty of Additional Visitor Parking. Ideally Located Just Steps From the; Ttc, Library, Parks, Schools, Shopping, and Only Minutes to Highway 401, This Home Offers Exceptional Convenience for Commuters and Families Alike. The Maintenance Fees Also Include Cable TV and Internet, Adding Even Greater Value. Whether You're a First-time Buyer, Growing Family, or Investor, This is an Outstanding Opportunity to Own a Spacious, Turnkey Home in a Great Neighbourhood.

28 Rosebank Drive Unit 503 - Condo photo 1 of 2 in Scarborough (Morningside / West Hill), Ontario
28 Rosebank Drive Unit 503 - Condo photo 2 of 2 in Scarborough (Morningside / West Hill), Ontario
active
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$790,000 - 28 Rosebank Drive Unit 503, Morningside

Condo for Sale in Morningside

32 days on market

Neighbourhood: Malvern

3Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
E13595998
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
3
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Scarborough (Morningside / West Hill)
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
THE AGENCY
Description

Welcome to This Beautifully Maintained 3 Bedroom, 3 Bathroom Townhouse Offering the Perfect Blend of Space, Comfort, and Convenience. Thoughtfully Updated With Modern Flooring, Fresh Paint, and New Blinds Throughout, This Move in Ready Home Features a Bright, Functional Layout Designed for Everyday Living. The Spacious Primary Suite Serves as a Private Retreat With a 5 Piece Ensuite, While the Convenience of Second Floor Laundry Adds to the Home's Practicality. Enjoy Two Parking Spaces Right at Your Doorstep and Plenty of Additional Visitor Parking. Ideally Located Just Steps From the; Ttc, Library, Parks, Schools, Shopping, and Only Minutes to Highway 401, This Home Offers Exceptional Convenience for Commuters and Families Alike. The Maintenance Fees Also Include Cable TV and Internet, Adding Even Greater Value. Whether You're a First-time Buyer, Growing Family, or Investor, This is an Outstanding Opportunity to Own a Spacious, Turnkey Home in a Great Neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,053.11/mo

Includes CMHC insurance ($22,041)

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5%10%50%

5-yr fixed avg.

Principal: $711,000Interest: $482,892
Mortgage Amount$733,041
Total Interest$482,892
Est. Property Tax$560/mo
Total Cost$1,215,933

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

28 Rosebank Drive Unit 503, Scarborough (Morningside / West Hill)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$560
Insurance (est.)-$165
Net Cash Flow+$1,445

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 $564/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 32 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.

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.

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.

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    28 Rosebank Drive Unit 503 | $790,000 | Battaglia Team