7437 Kingston Road Unit 705B, Toronto E11

Price: $549,000

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: E13583908

Urban luxury blends seamlessly with natural beauty at The Narrative Condos. This brand-new, never-lived-in 1-bedroom, 1-bathroom suite offers modern living with elevated views and exceptional convenience. Now situated on the 7th floor, the suite enjoys impressive sight lines toward Lake Ontario and the Rouge National Urban Park, with the building rising only to Level 11 - giving this floor a desirable balance of height, privacy, and long-term value.Inside, the home features a bright, contemporary layout with 9-foot ceilings, premium laminate flooring, and expansive windows that bring in abundant natural light. The sleek kitchen is both stylish and functional, showcasing quartz countertops and upgraded integrated 24-inch appliances, including a built-in dishwasher and integrated fridge/freezer for a seamless, upscale finish.The bedroom is well-designed, offering a comfortable retreat, complemented by a modern upgraded bathroom. A frameless glass shower enclosure adds a refined, spa-inspired touch. In-suite laundry provides everyday convenience.Located near Kingston Rd & Hwy 401, you're minutes from Rouge Hill GO, TTC, UTSC, Centennial College, Scarborough Town Centre, waterfront parks and trails, and essential shopping and dining. Residents also benefit from a strong lineup of current and future amenities, including concierge service, fitness room, yoga studio, co-working space, and an outdoor terrace/lounge.A rare chance to secure a never-lived-in suite with premium elevation, views, parking, locker, and tasteful upgrades - all in one of the area's most connected and naturally beautiful communities.

7437 Kingston Road Unit 705B - Condo photo 1 of 38 in Scarborough (Morningside / West Hill), Ontario
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$549,000 - 7437 Kingston Road Unit 705B, Morningside

Condo for Sale in Morningside

34 days on market

Neighbourhood: Rouge E11

1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
E13583908
Property Type
Condo
Status
active
Days on Site
34
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Scarborough (Morningside / West Hill)
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
RE/MAX OPTIMUM REALTY
Description

Urban luxury blends seamlessly with natural beauty at The Narrative Condos. This brand-new, never-lived-in 1-bedroom, 1-bathroom suite offers modern living with elevated views and exceptional convenience. Now situated on the 7th floor, the suite enjoys impressive sight lines toward Lake Ontario and the Rouge National Urban Park, with the building rising only to Level 11 - giving this floor a desirable balance of height, privacy, and long-term value.Inside, the home features a bright, contemporary layout with 9-foot ceilings, premium laminate flooring, and expansive windows that bring in abundant natural light. The sleek kitchen is both stylish and functional, showcasing quartz countertops and upgraded integrated 24-inch appliances, including a built-in dishwasher and integrated fridge/freezer for a seamless, upscale finish.The bedroom is well-designed, offering a comfortable retreat, complemented by a modern upgraded bathroom. A frameless glass shower enclosure adds a refined, spa-inspired touch. In-suite laundry provides everyday convenience.Located near Kingston Rd & Hwy 401, you're minutes from Rouge Hill GO, TTC, UTSC, Centennial College, Scarborough Town Centre, waterfront parks and trails, and essential shopping and dining. Residents also benefit from a strong lineup of current and future amenities, including concierge service, fitness room, yoga studio, co-working space, and an outdoor terrace/lounge.A rare chance to secure a never-lived-in suite with premium elevation, views, parking, locker, and tasteful upgrades - all in one of the area's most connected and naturally beautiful communities.

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Estimate your monthly payments for this property

Estimated Payment

$2,816.65/mo

Includes CMHC insurance ($15,317)

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5-yr fixed avg.

Principal: $494,100Interest: $335,579
Mortgage Amount$509,417
Total Interest$335,579
Est. Property Tax$389/mo
Total Cost$844,996

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 705B, Scarborough (Morningside / West Hill)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$389
Insurance (est.)-$114
Net Cash Flow+$882

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

Market Position

At 34 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 0 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 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.

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 $2,288 (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.

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    7437 Kingston Road Unit 705B | $549,000 | Battaglia Team