2808-20 Meadowglen Place, Toronto, ON

Woburn, Toronto · MLS® E13410418

$599,000
For Sale
Listed 41 days ago
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3Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

**Luxury Penthouse Living with Unmatched Views** Experience elevated penthouse living in this stunning corner suite, featuring breathtaking panoramic views, soaring ceilings, floor-to-ceiling windows, and an expansive wraparound terrace. Perched on one of the building's highest floors, this bright and beautifully designed residence offers sweeping views in multiple directions, including distant views of the Toronto skyline. With exposures overlooking both Markham Road and Ellesmere Road, the corner-unit layout allows for an abundance of natural light throughout. The thoughtfully designed floor plan features two spacious bedrooms, two full bathrooms, and a versatile den ideal for a home office or additional storage. The primary bedroom includes a private ensuite bath and a custom-organized closet with built-in shelving, while the second bedroom offers a walk-in closet and direct access to the wraparound terrace. The modern kitchen is equipped with stainless steel appliances, a built-in microwave, ample cabinetry, and in-suite laundry for added convenience. Enjoy full-service condominium living with concierge service and exceptional amenities, including an outdoor pool, fitness centre, party room, resident lounge, multipurpose room, theatre room, and guest suites. Ideally located near schools, grocery stores, shopping, dining, places of worship, public transit, and just minutes from Highway 401. A rare opportunity to own a bright, sophisticated penthouse-level residence in one of Scarborough's most convenient and connected communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13410418
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
900-999
Cross streets
Markham & Ellesmere
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$663/mo
Exposure
North
Property tax
$2,850 / 2025
Days on market
41
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

DenFlat2.56 × 2.50 m
Living RoomFlat5.73 × 3.17 m

open concept · window floor to ceiling · combined w/dining

KitchenFlat2.44 × 2.47 m

overlooks dining · b/i microwave · stainless steel appl

BedroomFlat3.66 × 3.05 m

window floor to ceiling · ensuite bath · closet organizers

Bedroom 2Flat2.78 × 2.96 m

w/o to balcony · closet organizers · walk-in closet(s)

Moe’s TakeTeam Asgarian · Broker
Above comparables
$501Kest. value

Listed at $599,000, this home is about 20% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $651K, higher 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 $549K
  • Adjusts to $549K

That comparable adjusts to $549K; the $501K estimate above is the median of all 12 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.

Its public catchment (Churchill Heights Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Markham Rd at Brimorton Dr is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$471KGreat deal$599KOverpriced

Total price vs nearby homes. Fair value about $501K, median of 12 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.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Weigh carefully
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Woburn · asking prices
$579kavg asking

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

1532-68 Corporate Drive$549k326-68 Corporate Drive$600k2104-20 Meadowglen Place$565k308-88 grangeway Avenue$620k707-88 Corporate Drive$560k

The 5 closest of 8 active listings nearby.

See all comparable homes
599kThis home549k600k565k620k560kThis home vs active comparables
Live market pulseActive comparables in Woburn · median list $515K
$631this home / sqft
39active listings nearby
41days on market

This home lists 13% above the area average of $556/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Woburn, 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

71/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Markham Rd at Brimorton Dr, about 110 m away

20+ transit stops1 grocery20+ dining20+ parks18 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.

Banbury-Don Mills
$500K
Willowdale East
$441K
Willowdale West
$770K
Annex
$1.57M
Church-Yonge Corridor
$573K

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 Churchill Heights Public School
78%
Churchill Heights Public SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 78% meet the provincial standard
Henry Hudson Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,730/mo
$127KIncome needed
4.7×Price ÷ income
$630Weekly 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.

75%mortgage
Mortgage $2,730Property tax $238Condo fee $663Total carry $3,631

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)
$2,557per month

Mortgage amount $479,200 · 4.14% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$3,458Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,557
Property tax
$238
Condo / maintenance fees
$663
Heating
$0
Estimated monthly cost
$3,458

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

One-time closing costs

Ontario land transfer tax
$8,455
Toronto municipal land transfer tax
$8,455
Estimated closing costs
$16,910

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,106/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

$287,957Total interest paid
$767,157Total of all payments
Principal $479,200 Interest $287,957
YearPrincipalInterestBalance
1$11,226$19,460$467,974
2$11,696$18,991$456,278
3$12,185$18,501$444,094
4$12,694$17,992$431,399
5$13,225$17,461$418,174
6$13,779$16,908$404,395
7$14,355$16,331$390,040
8$14,955$15,731$375,085
9$15,581$15,105$359,504
10$16,233$14,454$343,271
11$16,912$13,775$326,359
12$17,619$13,067$308,740
13$18,356$12,330$290,384
14$19,124$11,562$271,260
15$19,924$10,762$251,336
16$20,757$9,929$230,579
17$21,625$9,061$208,954
18$22,530$8,156$186,424
19$23,472$7,214$162,951
20$24,454$6,232$138,497
21$25,477$5,209$113,020
22$26,543$4,144$86,477
23$27,653$3,033$58,824
24$28,810$1,877$30,015
25$30,015$672$0

At the end of your 5-year term

Total paid over the term
$153,431
Principal paid down
$61,026
Interest paid
$92,405
Balance remaining
$418,174

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$3,050/mo
$36,600Gross annual rent
3.5%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.

6.1%
Gross yield
− Property tax $2,850− Condo fees $7,956− Insurance $600− Vacancy & upkeep $4,026Net operating income $21,168

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.

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