42 Pinery Trail Unit 29, Toronto E11

Price: $388,800

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E13844854

This beautifully maintained, move-in-ready 3-bedroom, 2-bathroom townhouse offers an excellent balance of comfort, privacy, and convenience. Located in a welcoming, family-friendly neighborhood, this home features over 1,000 sq. ft. of bright, functional living space, making it a perfect opportunity for first-time buyers, growing families, or investors. The property also includes one dedicated surface parking space. Inside, the open-concept living and dining area is filled with natural light from large windows, leading directly out to a private balcony. The outdoor space is a standout feature of the home, offering peaceful views of mature trees and green space. Because there is no house directly behind the unit, you enjoy enhanced privacy, an open outlook, and beautiful seasonal views. It serves as a quiet, personal retreat from city life, whether you are starting your morning or relaxing in the evening. The kitchen is updated with brand-new stainless-steel appliances. Upstairs, the practical layout includes three spacious bedrooms with great closet storage and two well-maintained bathrooms, providing a comfortable setup for daily family living. The surrounding community is highly accommodating, featuring landscaped grounds, walking paths, mature trees, and a children's playground. The location is exceptionally convenient, offering quick access to public transit, shopping, restaurants, parks, Scarborough Town Centre, Centennial College, and the University of Toronto Scarborough Campus. It is also an ideal spot for families with children, being close to several local schools, including Tom Longboat Jr. Public School, Malvern Junior Public School, Lester B. Pearson Collegiate Institute, and Sacred Heart Catholic School.

42 Pinery Trail Unit 29 - Condo photo 1 of 26 in Scarborough (Morningside / West Hill), Ontario
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New Listing
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$388,800 - 42 Pinery Trail Unit 29, Morningside

Condo for Sale in Morningside

New — Listed 7 days ago

Neighbourhood: Malvern

3Beds
2Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
E13844854
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Scarborough (Morningside / West Hill)
Taxes (2025)
$2,127
Maintenance Fees
$506/mo
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
ROYAL LEPAGE IGNITE REALTY
Description

This beautifully maintained, move-in-ready 3-bedroom, 2-bathroom townhouse offers an excellent balance of comfort, privacy, and convenience. Located in a welcoming, family-friendly neighborhood, this home features over 1,000 sq. ft. of bright, functional living space, making it a perfect opportunity for first-time buyers, growing families, or investors. The property also includes one dedicated surface parking space. Inside, the open-concept living and dining area is filled with natural light from large windows, leading directly out to a private balcony. The outdoor space is a standout feature of the home, offering peaceful views of mature trees and green space. Because there is no house directly behind the unit, you enjoy enhanced privacy, an open outlook, and beautiful seasonal views. It serves as a quiet, personal retreat from city life, whether you are starting your morning or relaxing in the evening. The kitchen is updated with brand-new stainless-steel appliances. Upstairs, the practical layout includes three spacious bedrooms with great closet storage and two well-maintained bathrooms, providing a comfortable setup for daily family living. The surrounding community is highly accommodating, featuring landscaped grounds, walking paths, mature trees, and a children's playground. The location is exceptionally convenient, offering quick access to public transit, shopping, restaurants, parks, Scarborough Town Centre, Centennial College, and the University of Toronto Scarborough Campus. It is also an ideal spot for families with children, being close to several local schools, including Tom Longboat Jr. Public School, Malvern Junior Public School, Lester B. Pearson Collegiate Institute, and Sacred Heart Catholic School.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,994.75/mo

Includes CMHC insurance ($10,848)

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5-yr fixed avg.

Principal: $349,920Interest: $237,656
Mortgage Amount$360,768
Total Interest$237,656
Est. Property Tax$275/mo
Total Cost$598,424

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

42 Pinery Trail Unit 29, Scarborough (Morningside / West Hill)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
5.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$506
Property Tax (est.)-$275
Insurance (est.)-$81
Net Cash Flow+$1,898

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 $389/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. The $506/month fees should cover building insurance, common elements, and reserve contributions.

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.

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.

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.

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    42 Pinery Trail Unit 29 | $388,800 | Battaglia Team