480 Mclevin Avenue Unit 709, Toronto E11

Price: $471,600

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: E13514842

Luxury 2-bedroom, 2-bathroom condo offering a functional layout with parking and a locker. The spacious primary bedroom includes ample storage, while the updated kitchen features granite countertops and a stylish backsplash. Located in a well-maintained, gated community with 24-hour security, excellent amenities, and abundant green space, this home offers comfort and convenience. Ideally situated close to Highway 401, shopping, transit, schools, medical centres, and libraries.

480 Mclevin Avenue Unit 709 - Condo photo 1 of 11 in Scarborough (Morningside / West Hill), Ontario
480 Mclevin Avenue Unit 709 - Condo photo 2 of 11 in Scarborough (Morningside / West Hill), Ontario
480 Mclevin Avenue Unit 709 - Condo photo 3 of 11 in Scarborough (Morningside / West Hill), Ontario
480 Mclevin Avenue Unit 709 - Condo photo 4 of 11 in Scarborough (Morningside / West Hill), Ontario
480 Mclevin Avenue Unit 709 - Condo photo 5 of 11 in Scarborough (Morningside / West Hill), Ontario
480 Mclevin Avenue Unit 709 - Condo photo 6 of 11 in Scarborough (Morningside / West Hill), Ontario
480 Mclevin Avenue Unit 709 - Condo photo 7 of 11 in Scarborough (Morningside / West Hill), Ontario
480 Mclevin Avenue Unit 709 - Condo photo 8 of 11 in Scarborough (Morningside / West Hill), Ontario
480 Mclevin Avenue Unit 709 - Condo photo 9 of 11 in Scarborough (Morningside / West Hill), Ontario
480 Mclevin Avenue Unit 709 - Condo photo 10 of 11 in Scarborough (Morningside / West Hill), Ontario
480 Mclevin Avenue Unit 709 - Condo photo 11 of 11 in Scarborough (Morningside / West Hill), Ontario
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$471,600 - 480 Mclevin Avenue Unit 709, Morningside

Condo for Sale in Morningside

52 days on market

Neighbourhood: Malvern

2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
E13514842
Property Type
Condo
Status
active
Days on Site
52
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Scarborough (Morningside / West Hill)
Locker
Exclusive
Exposure
West
Balcony
Open
Listing Brokerage
CENTURY 21 PERCY FULTON LTD.
Description

Luxury 2-bedroom, 2-bathroom condo offering a functional layout with parking and a locker. The spacious primary bedroom includes ample storage, while the updated kitchen features granite countertops and a stylish backsplash. Located in a well-maintained, gated community with 24-hour security, excellent amenities, and abundant green space, this home offers comfort and convenience. Ideally situated close to Highway 401, shopping, transit, schools, medical centres, and libraries.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,419.55/mo

Includes CMHC insurance ($13,158)

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5%10%50%

5-yr fixed avg.

Principal: $424,440Interest: $288,268
Mortgage Amount$437,598
Total Interest$288,268
Est. Property Tax$334/mo
Total Cost$725,866

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

480 Mclevin Avenue Unit 709, Scarborough (Morningside / West Hill)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$334
Insurance (est.)-$98
Net Cash Flow+$1,263

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 $524/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 52 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.

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.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    480 Mclevin Avenue Unit 709 | $471,600 | Battaglia Team