50 Town Centre Court Unit 2411, Toronto E09

Price: $498,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: E12932856

Monarch Luxury Condominium in a Prime Scarborough Location. Located at 50 Town Centre Court, at the intersection of Ellesmere Road and Borough Approach East, this stunning high-floor 1 Bedroom + Den suite offers exceptional convenience and lifestyle. The spacious den is large enough to be used as a second bedroom or home office. Absolutely move-in ready, this beautifully upgraded unit has been freshly painted throughout and enhanced with sophisticated, modern lighting. The bathroom has been partially updated with stylish contemporary finishes, offering a refreshed, elegant feel. The suite is further elevated by a full set of brand-new, premium LG appliances, including a full-size washer and dryer, stove, refrigerator, and over-the-range microwave, seamlessly blending functionality with modern design. New window coverings have also been installed, adding an upscale finishing touch. This bright and sunny unit features a panoramic south facing view with a large balcony, offering views extending toward downtown Toronto. Designed with a modern open-concept layout, the suite boasts 9ft ceilings and elegant contemporary finishes throughout. Enjoy world-class amenities including 24-hour concierge and security, fully equipped gym, theatre room, party room, and media room. Unbeatable location! Steps to Scarborough Town Centre (STC), TTC RT Station, GO Bus, movie theatre, and a wide variety of restaurants and shops. Just minutes to Highway 401, providing easy access across the city. An excellent opportunity to live or invest in one of Scarborough's most desirable luxury residences.

50 Town Centre Court Unit 2411 - Condo photo 1 of 21 in Scarborough (West Hill / Highland Creek), Ontario
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$498,000 - 50 Town Centre Court Unit 2411, Highland Creek

Condo for Sale in Highland Creek

100 days on market
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
E12932856
Property Type
Condo
Status
active
Days on Site
100
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Scarborough (West Hill / Highland Creek)
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
SUPERSTARS REALTY LTD.
Description

Monarch Luxury Condominium in a Prime Scarborough Location. Located at 50 Town Centre Court, at the intersection of Ellesmere Road and Borough Approach East, this stunning high-floor 1 Bedroom + Den suite offers exceptional convenience and lifestyle. The spacious den is large enough to be used as a second bedroom or home office. Absolutely move-in ready, this beautifully upgraded unit has been freshly painted throughout and enhanced with sophisticated, modern lighting. The bathroom has been partially updated with stylish contemporary finishes, offering a refreshed, elegant feel. The suite is further elevated by a full set of brand-new, premium LG appliances, including a full-size washer and dryer, stove, refrigerator, and over-the-range microwave, seamlessly blending functionality with modern design. New window coverings have also been installed, adding an upscale finishing touch. This bright and sunny unit features a panoramic south facing view with a large balcony, offering views extending toward downtown Toronto. Designed with a modern open-concept layout, the suite boasts 9ft ceilings and elegant contemporary finishes throughout. Enjoy world-class amenities including 24-hour concierge and security, fully equipped gym, theatre room, party room, and media room. Unbeatable location! Steps to Scarborough Town Centre (STC), TTC RT Station, GO Bus, movie theatre, and a wide variety of restaurants and shops. Just minutes to Highway 401, providing easy access across the city. An excellent opportunity to live or invest in one of Scarborough's most desirable luxury residences.

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Estimate your monthly payments for this property

Estimated Payment

$2,555.00/mo

Includes CMHC insurance ($13,894)

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5-yr fixed avg.

Principal: $448,200Interest: $304,405
Mortgage Amount$462,094
Total Interest$304,405
Est. Property Tax$353/mo
Total Cost$766,499

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: Scarborough (West Hill / Highland Creek)

Discover Scarborough (West Hill / Highland Creek)

Scarborough (West Hill / Highland Creek) 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 Scarborough (West Hill / Highland Creek)

  • 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

Scarborough (West Hill / Highland Creek) 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

50 Town Centre Court Unit 2411, Scarborough (West Hill / Highland Creek)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,353

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

Fair Market Value

At $830/sqft, this property is priced in line with current Highland Creek market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 100 days on site, this property has exceeded the typical selling timeline for Highland Creek. 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 600 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.

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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    50 Town Centre Court Unit 2411 | $498,000 | Battaglia Team