40 Reindeer Drive, Toronto E11

Price: $841,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: E13158778

Welcome to this rare, founding end-unit 3 Bedroom and 3 Bathroom townhouse situated on a premium ravine lot, offering the perfect blend of privacy, modern comfort, and convenience. This beautifully maintained home features a bright open-concept layout with large windows that fill the space with natural light. The modern upgraded kitchen is designed for both functionality and style, complete with quality cabinetry, Quartz countertops, and ample storage, perfect for everyday living and entertaining. The home also boasts a fully finished walkout basement, providing additional living space ideal for a family room, recreation area, or potential rental opportunity. Step outside to a huge private deck overlooking the peaceful ravine, perfect for relaxing, hosting gatherings, or enjoying nature right in your backyard. Located in a highly sought-after neighbourhood with well-rated schools, this property offers unmatched convenience. Major amenities, shopping, community center, and Highway 401 are all within just 5 minutes of driving distance, making commuting and daily errands incredibly easy. Enjoy a huge backyard with peaceful ravine views, offering exceptional privacy and space for outdoor living. Perfect for families who love nature and extra outdoor space, while also presenting great potential for investors with endless opportunities.

40 Reindeer Drive - Townhouse photo 1 of 22 in Scarborough (Morningside / West Hill), Ontario
40 Reindeer Drive - Townhouse photo 2 of 22 in Scarborough (Morningside / West Hill), Ontario
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$841,000 - 40 Reindeer Drive, Morningside

Townhouse for Sale in Morningside

94 days on market

Neighbourhood: Rouge E11

3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
E13158778
Property Type
Townhouse
Status
active
Days on Site
94
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Scarborough (Morningside / West Hill)
Listing Brokerage
ROYAL LEPAGE IGNITE REALTY
Description

Welcome to this rare, founding end-unit 3 Bedroom and 3 Bathroom townhouse situated on a premium ravine lot, offering the perfect blend of privacy, modern comfort, and convenience. This beautifully maintained home features a bright open-concept layout with large windows that fill the space with natural light. The modern upgraded kitchen is designed for both functionality and style, complete with quality cabinetry, Quartz countertops, and ample storage, perfect for everyday living and entertaining. The home also boasts a fully finished walkout basement, providing additional living space ideal for a family room, recreation area, or potential rental opportunity. Step outside to a huge private deck overlooking the peaceful ravine, perfect for relaxing, hosting gatherings, or enjoying nature right in your backyard. Located in a highly sought-after neighbourhood with well-rated schools, this property offers unmatched convenience. Major amenities, shopping, community center, and Highway 401 are all within just 5 minutes of driving distance, making commuting and daily errands incredibly easy. Enjoy a huge backyard with peaceful ravine views, offering exceptional privacy and space for outdoor living. Perfect for families who love nature and extra outdoor space, while also presenting great potential for investors with endless opportunities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,314.77/mo

Includes CMHC insurance ($23,464)

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5-yr fixed avg.

Principal: $756,900Interest: $514,066
Mortgage Amount$780,364
Total Interest$514,066
Est. Property Tax$596/mo
Total Cost$1,294,430

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: Rouge E11

Discover Rouge E11

Rouge E11 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 Rouge E11

  • 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

Rouge E11 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

40 Reindeer Drive, Scarborough (Morningside / West Hill)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$596
Insurance (est.)-$175
Net Cash Flow+$1,959

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 $561/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.

Negotiation Opportunity

At 94 days on site, this property has exceeded the typical selling timeline for Morningside. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Morningside have shown strong appreciation as families seek more space.

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 Rouge E11

I know Rouge E11 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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    40 Reindeer Drive | $841,000 | Battaglia Team