1018-100 Mornelle Court, Toronto, ON

Morningside, Toronto · MLS® E13151802

$475,000
For Sale
Listed 58 days ago
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3Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Bright and well-maintained 2-storey condo townhouse in a highly convenient Scarborough location near Hwy 401 & Morningside! This spacious 2 + 1 bedroom home features a functional layout with generously sized principal rooms, large windows providing abundant natural light, and a private balcony with open views. Includes 1 underground parking space. Enjoy excellent building amenities including an indoor pool, gym, party room, security system, and ample visitor parking. Walking distance to University of Toronto Scarborough Campus, Centennial College, Pan Am Aquatic Centre, parks, shopping, TTC, and Rouge Valley Health - Centenary site. Close to top-rated schools including French Immersion programs, West Hill Collegiate Institute, elementary schools, and Pope John Paul II Catholic Secondary School. Easy access to Hwy 401 makes commuting a breeze. Ideal for first-time buyers, large families, or investors seeking great value in a thriving community.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
E13151802
Bedrooms
3
Bathrooms
2
Size
1200-1399
Cross streets
Morningside Ave/Ellesmere Rd
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Wall Unit(s)
Exterior
Brick
Maintenance
$795/mo
Exposure
North West
Property tax
$1,139 / 2026
Days on market
58
Listing brokerage
CENTURY 21 TITANS REALTY INC.

Rooms

Dining RoomMain5.88 × 5.85 m

combined w/living · laminate

KitchenMain3.96 × 2.50 m

Breakfast Area

LaundrySecond2.83 × 1.68 m
Primary BedroomSecond4.93 × 3.11 m

3 pc ensuite · laminate

Bedroom 2Second4.39 × 2.64 m

window · laminate

Living RoomMain5.88 × 5.85 m

combined w/dining · w/o to patio

Bedroom 3Main3.54 × 2.59 m

window · closet

Moe’s TakeTeam Asgarian · Broker
Below comparables
$655Kest. value

Listed at $475,000, this home is about 27% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $342K, lower than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $400K
  • Adjusts to $400K

That comparable adjusts to $400K; the $655K estimate above is the median of all 10 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Military Trail Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Morningside Ave at Military Trail is about a 2-minute walk away.

List price
$475KGreat deal$691KOverpriced

Total price vs nearby homes. Fair value about $655K, median of 10 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$532kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

85-19 London Green Court$499k62-79 Driftwood Avenue$539k1017-100 Mornelle Court$400k12-48 Three Valleys Drive$600k6-121 Centennial Road$620k

The 5 closest of 8 active listings nearby.

See all comparable homes
475kThis home499k539k400k600k620kThis home vs active comparables
Live market pulseActive comparables in Morningside · median list $599K
$366this home / sqft
11active listings nearby
58days on market

This home lists 26% below the area average of $496/sqft.

54 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Morningside, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

67/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Morningside Ave at Military Trail, about 191 m away

20+ transit stops2 grocery20+ dining20+ parks8 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Malvern
$516K
L'Amoreaux
$600K
Victoria Village
$782K
Don Valley Village
$720K
Hillcrest Village
$677K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Military Trail Public School
36%
Military Trail Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 36% meet the provincial standard
West Hill Collegiate InstituteEQAO results not published

Affordability & Mortgage

Affordability
$2,165/mo
$103KIncome needed
4.6×Price ÷ income
$500Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

71%mortgage
Mortgage $2,165Property tax $95Condo fee $795Total carry $3,054

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,028per month

Mortgage amount $380,000 · 4.14% over 25 years

$95,000Down payment (20.0%)
$380,000Loan before insurance
$0CMHC premium
$2,918Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,028
Property tax
$95
Condo / maintenance fees
$795
Heating
$0
Estimated monthly cost
$2,918

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$5,975
Toronto municipal land transfer tax
$5,975
Estimated closing costs
$11,950

Plus your down payment of $95,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,463/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$228,346Total interest paid
$608,346Total of all payments
Principal $380,000 Interest $228,346
YearPrincipalInterestBalance
1$8,902$15,432$371,098
2$9,274$15,059$361,823
3$9,662$14,671$352,161
4$10,067$14,267$342,095
5$10,488$13,846$331,607
6$10,926$13,408$320,681
7$11,383$12,951$309,297
8$11,859$12,474$297,438
9$12,356$11,978$285,082
10$12,872$11,461$272,210
11$13,411$10,923$258,799
12$13,972$10,362$244,827
13$14,556$9,778$230,271
14$15,165$9,169$215,106
15$15,799$8,535$199,307
16$16,460$7,874$182,847
17$17,149$7,185$165,698
18$17,866$6,468$147,832
19$18,613$5,721$129,219
20$19,392$4,942$109,827
21$20,203$4,131$89,624
22$21,048$3,286$68,576
23$21,929$2,405$46,647
24$22,846$1,488$23,801
25$23,801$533$0

At the end of your 5-year term

Total paid over the term
$121,669
Principal paid down
$48,393
Interest paid
$73,276
Balance remaining
$331,607

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$4,100/mo
$49,200Gross annual rent
6.8%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

10.4%
Gross yield
− Property tax $1,139− Condo fees $9,536− Insurance $600− Vacancy & upkeep $5,412Net operating income $32,514

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 TITANS REALTY INC.. MLS®/PropTx.

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