8 Rosebank Drive Unit 7G, Toronto E11

Price: $440,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: E13214948

Experience modern luxury in this meticulously NEWLY renovated 1+1 bedroom suite, perfectly situated for urban convenience. Den has a separation wall & Door. This bright, open-concept floor plan has been completely refreshed with NEW flooring, NEW designer lighting fixtures, and NEW fresh professional paint in every room. The gourmet kitchen features a stylish NEW backsplash and NEW stainless-steel appliances, including a NEW dishwasher and NEW ensuite laundry washer & dryer. The spa-like bathroom serves as a private retreat with a NEW vanity, NEW smart mirror, and NEW premium shower fixtures. Residents enjoy building amenities like a gym and 24-hour concierge. Ideally located for commuters and students, this home is steps from the TTC, minutes to Hwy 401, and close to Scarborough Town Centre, Centennial College, and UofT Scarborough. This turnkey property offers a contemporary lifestyle in a vibrant, highly accessible neighborhood.

8 Rosebank Drive Unit 7G - Condo photo 1 of 17 in Scarborough (Morningside / West Hill), Ontario
8 Rosebank Drive Unit 7G - Condo photo 2 of 17 in Scarborough (Morningside / West Hill), Ontario
8 Rosebank Drive Unit 7G - Condo photo 3 of 17 in Scarborough (Morningside / West Hill), Ontario
8 Rosebank Drive Unit 7G - Condo photo 4 of 17 in Scarborough (Morningside / West Hill), Ontario
8 Rosebank Drive Unit 7G - Condo photo 5 of 17 in Scarborough (Morningside / West Hill), Ontario
8 Rosebank Drive Unit 7G - Condo photo 6 of 17 in Scarborough (Morningside / West Hill), Ontario
8 Rosebank Drive Unit 7G - Condo photo 7 of 17 in Scarborough (Morningside / West Hill), Ontario
8 Rosebank Drive Unit 7G - Condo photo 8 of 17 in Scarborough (Morningside / West Hill), Ontario
8 Rosebank Drive Unit 7G - Condo photo 9 of 17 in Scarborough (Morningside / West Hill), Ontario
8 Rosebank Drive Unit 7G - Condo photo 10 of 17 in Scarborough (Morningside / West Hill), Ontario
8 Rosebank Drive Unit 7G - Condo photo 11 of 17 in Scarborough (Morningside / West Hill), Ontario
8 Rosebank Drive Unit 7G - Condo photo 12 of 17 in Scarborough (Morningside / West Hill), Ontario
8 Rosebank Drive Unit 7G - Condo photo 13 of 17 in Scarborough (Morningside / West Hill), Ontario
8 Rosebank Drive Unit 7G - Condo photo 14 of 17 in Scarborough (Morningside / West Hill), Ontario
8 Rosebank Drive Unit 7G - Condo photo 15 of 17 in Scarborough (Morningside / West Hill), Ontario
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$440,000 - 8 Rosebank Drive Unit 7G, Morningside

Condo for Sale in Morningside

86 days on market

Neighbourhood: Malvern

2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
E13214948
Property Type
Condo
Status
active
Days on Site
86
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Scarborough (Morningside / West Hill)
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
ROYAL LEPAGE IGNITE REALTY
Description

Experience modern luxury in this meticulously NEWLY renovated 1+1 bedroom suite, perfectly situated for urban convenience. Den has a separation wall & Door. This bright, open-concept floor plan has been completely refreshed with NEW flooring, NEW designer lighting fixtures, and NEW fresh professional paint in every room. The gourmet kitchen features a stylish NEW backsplash and NEW stainless-steel appliances, including a NEW dishwasher and NEW ensuite laundry washer & dryer. The spa-like bathroom serves as a private retreat with a NEW vanity, NEW smart mirror, and NEW premium shower fixtures. Residents enjoy building amenities like a gym and 24-hour concierge. Ideally located for commuters and students, this home is steps from the TTC, minutes to Hwy 401, and close to Scarborough Town Centre, Centennial College, and UofT Scarborough. This turnkey property offers a contemporary lifestyle in a vibrant, highly accessible neighborhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,257.43/mo

Includes CMHC insurance ($12,276)

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5-yr fixed avg.

Principal: $396,000Interest: $268,952
Mortgage Amount$408,276
Total Interest$268,952
Est. Property Tax$312/mo
Total Cost$677,228

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

8 Rosebank Drive Unit 7G, Scarborough (Morningside / West Hill)

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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)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$312
Insurance (est.)-$92
Net Cash Flow+$1,341

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 $629/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 86 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 700 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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    8 Rosebank Drive Unit 7G | $440,000 | Battaglia Team