1059-100 Mornelle Court, Toronto, ON

Morningside, Toronto · MLS® E13414904

$509,100
For Sale
Listed 39 days ago
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3Bedrooms
2Bathrooms
2Garage
1000-1199Sq Ft

About this home

Look no Further this Bright and Beautifully renovated 2-storey condo townhouse is everything you have been looking for. Located in a highly convenient Scarborough location steps to Hwy.401 and Morningside Avenue. This spacious carpet-free 2+1 bedroom, 2 Full Bath home offers a functional layout with generously sized principal rooms, large windows providing abundant natural light, and stylish modern finishes throughout. The updated interior features pot lights throughout. The modern open-concept kitchen is designed for both everyday living and entertaining, offering quartz countertops, ample cabinetry, abundant counter space, a breakfast bar, and stainless steel appliances, including a built-in dishwasher. The oversized primary bedroom serves as a private retreat with an XL walk-in closet and ensuite bath. The generously sized second bedroom also features a walk-in closet, while the versatile third room on the upper level provides flexible space for nursery, guest room, or additional storage, conveniently combined with the laundry area. Enjoy seamless indoor-outdoor living with a walkout from the living room to a private beautifully gated terrace, perfect for BBQ and relaxing. BONUS-The unit includes an oversized tandem underground parking space (10'x38'ft.)accommodating two vehicles and conveniently located near the unit. Residents enjoy amenities including an indoor pool, fitness centre, party and meeting rooms, playground, security system, and ample visitor parking. Ideally located within walking distance to the University of Toronto Scarborough Campus, Centennial College, Pan Am Sports Centre, parks(Morningside Park), shopping, TTC transit, and Scarborough Health Network - Centenary Site. Families will appreciate the proximity to excellent schools, including French Immersion programs, West Hill Collegiate Institute, local elementary schools, and Pope John Paul II Catholic Secondary School. External storage unit available for rent at $40/month if interested.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
E13414904
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1000-1199
Cross streets
Morningside/Ellesmere
Parking
2 garage (underground)
Basement
None
Heating
Baseboard
A/C
Other
Exterior
Brick
Maintenance
$795/mo
Exposure
East
Property tax
$1,116 / 2025
Days on market
39
Listing brokerage
HOMELIFE PRINCIPLE REAL ESTATE

Rooms

Dining RoomMain5.79 × 5.12 m

combined w/living · open concept · pantry

OfficeMain2.65 × 2.07 m

open concept · window floor to ceiling · vinyl floor

LaundryUpper1.89 × 1.50 m

ceramic floor · laundry sink

KitchenMain4.12 × 2.53 m

ceramic floor · breakfast bar · quartz counter

OtherUpper4.18 × 1.52 m

ceramic floor · combined w/laundry

Bedroom 2Upper5.82 × 2.68 m

large window · walk-in closet(s) · ceiling fan(s)

Primary BedroomUpper5.06 × 3.08 m

large window · walk-in closet(s) · ensuite bath

Living RoomMain5.79 × 5.12 m

open concept · pot lights · w/o to terrace

Moe’s TakeTeam Asgarian · Broker
Below comparables
$603Kest. value

Listed at $509,100, this home is about 16% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($463/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

There were not many closely comparable homes right in Morningside, so I widened the search to the surrounding area.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $239K, 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 $668K
  • Adjusts to $668K

That comparable adjusts to $668K; the $603K estimate above is the median of all 7 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
$509KGreat deal$668KOverpriced

Total price vs nearby homes. Fair value about $603K, median of 7 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$606kavg asking

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

2066-3047 Finch Avenue$525k304-58 Sidney Belsey Crescent$600kA207-3453 Victoria Park Avenue$668k2-4715 Kingston Road$600k105-3686 St Clair Avenue$639k

The 5 closest of 7 active listings nearby.

See all comparable homes
509kThis home525k600k668k600k639kThis home vs active comparables
Live market pulseActive comparables in Morningside · median list $649K
$463this home / sqft
21active listings nearby
39days on market

This home lists 1% below the area average of $466/sqft.

36 days longer than the Toronto average (3 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
$2,320/mo
$109KIncome needed
4.7×Price ÷ income
$535Weekly 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.

72%mortgage
Mortgage $2,320Property tax $93Condo fee $795Total carry $3,208

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)
$2,173per month

Mortgage amount $407,280 · 4.14% over 25 years

$101,820Down payment (20.0%)
$407,280Loan before insurance
$0CMHC premium
$3,061Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,173
Property tax
$93
Condo / maintenance fees
$795
Heating
$0
Estimated monthly cost
$3,061

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

One-time closing costs

Ontario land transfer tax
$6,657
Toronto municipal land transfer tax
$6,657
Estimated closing costs
$13,314

Plus your down payment of $101,820. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,640/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

$244,739Total interest paid
$652,019Total of all payments
Principal $407,280 Interest $244,739
YearPrincipalInterestBalance
1$9,541$16,540$397,739
2$9,940$16,141$387,799
3$10,356$15,725$377,443
4$10,789$15,292$366,653
5$11,241$14,840$355,413
6$11,711$14,370$343,702
7$12,201$13,880$331,502
8$12,711$13,370$318,791
9$13,243$12,838$305,548
10$13,796$12,284$291,752
11$14,374$11,707$277,378
12$14,975$11,106$262,403
13$15,601$10,480$246,802
14$16,254$9,827$230,549
15$16,934$9,147$213,615
16$17,642$8,439$195,973
17$18,380$7,701$177,593
18$19,149$6,932$158,445
19$19,950$6,131$138,495
20$20,784$5,297$117,711
21$21,653$4,427$96,058
22$22,559$3,522$73,499
23$23,503$2,578$49,996
24$24,486$1,595$25,510
25$25,510$571$0

At the end of your 5-year term

Total paid over the term
$130,404
Principal paid down
$51,867
Interest paid
$78,537
Balance remaining
$355,413

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$3,400/mo
$40,800Gross annual rent
4.9%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.

8.0%
Gross yield
− Property tax $1,116− Condo fees $9,536− Insurance $600− Vacancy & upkeep $4,488Net operating income $25,060

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE PRINCIPLE REAL ESTATE. MLS®/PropTx.

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