7437 Kingston Road Unit 404B, Toronto E11

Price: $999,000

3 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: E13554640

Brand new, Never lived in 3 Bedrooms ,2 Baths Offering Modern Finishes, open concept layout, Large Window, Laminate Flooring Throughout, Enjoy The Open Balcony With A Pleasant View, Plenty of Natural Light, Includes S/S kitchen appliances, front-load washer & dryer. 1Underground Parking & Locker Included. Beside Rouge River Park and Rouge National Urban Park. Enjoy Ravine-side Living Surrounded by Lush Trails, Golf Courses, and Waterfront Parks. Excellent location, just 2 minutes to Highway 401, close to public transit, 5 minutes to the GO Station, and 6 minutes to U of Toronto, Scarborough and Centennial College. Close to all amenities, everything you need is right outside your front door. Building Amenities: Elegant Lobby Lounge and 24/7 Concierge Service, Co-working Lounge and Wellness Centre with Yoga Studio, Party Room & Outdoor Terrace with BBQ and lounge seating, Kids' Play Studio and Games Room, Secured Underground Parking, Locker and Basic Fibre Internet available!

7437 Kingston Road Unit 404B - Condo photo 1 of 8 in Scarborough (Morningside / West Hill), Ontario
7437 Kingston Road Unit 404B - Condo photo 2 of 8 in Scarborough (Morningside / West Hill), Ontario
7437 Kingston Road Unit 404B - Condo photo 3 of 8 in Scarborough (Morningside / West Hill), Ontario
7437 Kingston Road Unit 404B - Condo photo 4 of 8 in Scarborough (Morningside / West Hill), Ontario
7437 Kingston Road Unit 404B - Condo photo 5 of 8 in Scarborough (Morningside / West Hill), Ontario
7437 Kingston Road Unit 404B - Condo photo 6 of 8 in Scarborough (Morningside / West Hill), Ontario
7437 Kingston Road Unit 404B - Condo photo 7 of 8 in Scarborough (Morningside / West Hill), Ontario
7437 Kingston Road Unit 404B - Condo photo 8 of 8 in Scarborough (Morningside / West Hill), Ontario
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$999,000 - 7437 Kingston Road Unit 404B, Morningside

Condo for Sale in Morningside

42 days on market

Neighbourhood: Rouge E11

3Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
E13554640
Property Type
Condo
Status
active
Days on Site
42
Bedrooms
3
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Scarborough (Morningside / West Hill)
Locker
Owned
Exposure
North
Balcony
Terrace
Listing Brokerage
IQI GLOBAL REAL ESTATE
Description

Brand new, Never lived in 3 Bedrooms ,2 Baths Offering Modern Finishes, open concept layout, Large Window, Laminate Flooring Throughout, Enjoy The Open Balcony With A Pleasant View, Plenty of Natural Light, Includes S/S kitchen appliances, front-load washer & dryer. 1Underground Parking & Locker Included. Beside Rouge River Park and Rouge National Urban Park. Enjoy Ravine-side Living Surrounded by Lush Trails, Golf Courses, and Waterfront Parks. Excellent location, just 2 minutes to Highway 401, close to public transit, 5 minutes to the GO Station, and 6 minutes to U of Toronto, Scarborough and Centennial College. Close to all amenities, everything you need is right outside your front door. Building Amenities: Elegant Lobby Lounge and 24/7 Concierge Service, Co-working Lounge and Wellness Centre with Yoga Studio, Party Room & Outdoor Terrace with BBQ and lounge seating, Kids' Play Studio and Games Room, Secured Underground Parking, Locker and Basic Fibre Internet available!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,125.39/mo

Includes CMHC insurance ($27,872)

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5-yr fixed avg.

Principal: $899,100Interest: $610,644
Mortgage Amount$926,972
Total Interest$610,644
Est. Property Tax$708/mo
Total Cost$1,537,616

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

7437 Kingston Road Unit 404B, Scarborough (Morningside / West Hill)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$520
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$1,164

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

Premium Pricing

At $1249/sqft, this property is priced above the Morningside average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 42 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 800 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.

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 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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    7437 Kingston Road Unit 404B | $999,000 | Battaglia Team