$575,000 - 50 Blackwell Avenue Unit 10, Morningside
Condo for Sale in Morningside
Popular ListingNeighbourhood: Malvern
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- MLS Number
- E13827706
- Property Type
- Condo
- Status
- active
- Days on Site
- 12
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Scarborough (Morningside / West Hill)
- Taxes (2025)
- $2,044
- Maintenance Fees
- $418/mo
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- HC REALTY GROUP INC.
Motivated Seller! Excellent Opportunity for First-Time Buyers, Right-Sizers & Investors! Welcome to this beautifully maintained condo townhome offering approximately 1,118 sq. ft. of thoughtfully designed living space in a quiet residential neighbourhood. An excellent opportunity for first-time buyers seeking an affordable entry into the market, right-sizers wanting low-maintenance living, or investors seeking a well-located property.The bright, functional layout features hardwood flooring throughout, pot lights on main floor, a modern kitchen, and spacious family room. Upstairs offers three generous bedrooms, including a spacious primary retreat converted from the original four-bedroom layout, with custom closet space.Enjoy a private backyard with no direct rear neighbours. Conveniently located a short walk to a shopping mall, steps to public transit, and minutes to Highway 401, U of T Scarborough and Centennial College, with easy access to downtown Toronto.Low-maintenance living, functional space, privacy, and a convenient location make this a great opportunity to enter the market at an attractive price point. Priced to offer exceptional value for the location and home. Don't miss it!
Estimate your monthly payments for this property
Estimated Payment
$2,950.05/mo
Includes CMHC insurance ($16,043)
5-yr fixed avg.
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.
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
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.
50 Blackwell Avenue Unit 10, Scarborough (Morningside / West Hill)
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $575/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.
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 $418/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.
Investment Perspective
Looking at this as an investment: Morningside properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,396 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.