4-431 Military Trail, Toronto, ON
Morningside, Toronto · MLS® E13501628
About this home
Great Price! Ideally situated in a highly convenient Scarborough neighbourhood, this 3-bedroom town home at 431 Military Trail offers exceptional access to amenities and transit. Just minutes from Highway 401 and a short drive to Guildwood GO Station, commuting is effortless. Enjoy being steps from beautiful parks and close to the Toronto Pan Am Sports Centre, Centennial College, the University of Toronto Scarborough and Centenary Hospital.This home presents a fantastic opportunity to customize and create your ideal living space. The ground level features a welcoming foyer, a laundry/utility room, and a versatile den or games room, along with convenient access to the attached garage complete with garage door opener. The main living level offers a bright and spacious living and dining area. Sliding doors lead to a private terrace framed by mature trees for added privacy. A functional kitchen and powder room complete this level. Upstairs you'll find three well-proportioned bedrooms and a four-piece bathroom, providing comfortable space for families, first-time buyers, or those looking to downsize. An excellent opportunity to own in the quiet and well-established town home community of 431 Military Trail.
Key facts
- Property type
- Condo Townhouse, 3-Storey
- MLS®
- E13501628
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 1200-1399
- Cross streets
- Military Trail & Neilson Road
- Parking
- 1 garage · 2 parking (built-in)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Roof
- Asphalt Shingle
- Maintenance
- $405/mo
- Exposure
- East West
- Property tax
- $2,202 / 2025
- Days on market
- 18
- Listing brokerage
- Royal LePage Locations North
Rooms
2 Pc Bath
Access To Garage
Combined w/Laundry
Access To Garage
4 Pc Bath
Listed at $525,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 21 similar homes nearby, adjusted for size, beds, and baths.Median of 21 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $688K, a bit higher.
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 $550K
- Bedrooms −$30K
- Bathrooms −$30K
- Adjusts to $490K
That comparable adjusts to $490K; the $602K estimate above is the median of all 21 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 Highcastle 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, this is a very walkable address with everyday errands close by. Neilson Rd at Military Trail is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $602K, median of 21 comparables.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 14% below the area average of $469/sqft.
14 days longer than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Morningside, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Neilson Rd at Military Trail, about 44 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $420,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,241
- Property tax
- $184
- Condo / maintenance fees
- $405
- Heating
- $0
- Estimated monthly cost
- $2,830
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,975
- Toronto municipal land transfer tax
- $6,975
- Estimated closing costs
- $13,950
Plus your down payment of $105,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $134,477
- Principal paid down
- $53,487
- Interest paid
- $80,989
- Balance remaining
- $366,513
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Locations North. MLS®/PropTx.