341 Military Trail Unit 74, Toronto E09

Price: $549,800

5 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: E13209746

Welcome to this family-friendly, quiet neighborhood townhome featuring 4 bedrooms converted into 3 spacious bedrooms. Finished basement with an additional room, washroom, and recreation area. Bright and functional layout, perfect for families or investors. Conveniently located close to shopping, parks, public transit, University of Toronto Scarborough campus, and Centennial College. Walking distance to schools including Military Trail Public School and St. John Paul II Catholic Secondary School. Excellent opportunity in a highly desirable and convenient location.

341 Military Trail Unit 74 - Condo photo 1 of 9 in Scarborough (West Hill / Highland Creek), Ontario
341 Military Trail Unit 74 - Condo photo 2 of 9 in Scarborough (West Hill / Highland Creek), Ontario
341 Military Trail Unit 74 - Condo photo 3 of 9 in Scarborough (West Hill / Highland Creek), Ontario
341 Military Trail Unit 74 - Condo photo 4 of 9 in Scarborough (West Hill / Highland Creek), Ontario
341 Military Trail Unit 74 - Condo photo 5 of 9 in Scarborough (West Hill / Highland Creek), Ontario
341 Military Trail Unit 74 - Condo photo 6 of 9 in Scarborough (West Hill / Highland Creek), Ontario
341 Military Trail Unit 74 - Condo photo 7 of 9 in Scarborough (West Hill / Highland Creek), Ontario
341 Military Trail Unit 74 - Condo photo 8 of 9 in Scarborough (West Hill / Highland Creek), Ontario
341 Military Trail Unit 74 - Condo photo 9 of 9 in Scarborough (West Hill / Highland Creek), Ontario
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$549,800 - 341 Military Trail Unit 74, Highland Creek

Condo for Sale in Highland Creek

38 days on market

Neighbourhood: Morningside

5Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
E13209746
Property Type
Condo
Status
active
Days on Site
38
Bedrooms
5
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Scarborough (West Hill / Highland Creek)
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Welcome to this family-friendly, quiet neighborhood townhome featuring 4 bedrooms converted into 3 spacious bedrooms. Finished basement with an additional room, washroom, and recreation area. Bright and functional layout, perfect for families or investors. Conveniently located close to shopping, parks, public transit, University of Toronto Scarborough campus, and Centennial College. Walking distance to schools including Military Trail Public School and St. John Paul II Catholic Secondary School. Excellent opportunity in a highly desirable and convenient location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,820.76/mo

Includes CMHC insurance ($15,339)

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5-yr fixed avg.

Principal: $494,820Interest: $336,068
Mortgage Amount$510,159
Total Interest$336,068
Est. Property Tax$389/mo
Total Cost$846,228

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: Morningside

Discover Morningside

Morningside 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 Morningside

  • Convenient location in Scarborough (West Hill / Highland Creek)
  • 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

Morningside 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

341 Military Trail Unit 74, Scarborough (West Hill / Highland Creek)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,720/mo
Range: $3,162 - $4,278
Cap Rate (ROI)
5.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,720
Maintenance Fees-$780
Property Tax (est.)-$389
Insurance (est.)-$115
Net Cash Flow+$2,436

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 $458/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 38 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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Highland Creek.

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 Morningside

I know Morningside 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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    341 Military Trail Unit 74 | $549,800 | Battaglia Team