10-331 Military Trail, Toronto, ON
Morningside, Toronto · MLS® E13549324
About this home
Welcome to this beautifully maintained, carpet-free condo townhome in a family-friendly Scarborough community. Featuring 3 spacious bedrooms, 1.5 bathrooms, and a finished lower level with the potential for a 4th bedroom, home office, or recreation space, this home offers flexibility for growing families, first-time buyers, and investors alike. Enjoy recently updated vinyl flooring in the living & dining room, creating a modern and low-maintenance living environment. The functional layout provides generous principal rooms and plenty of space to live, work, and entertain. Water is included in the condo fees, adding exceptional value and predictable monthly costs. Ideally situated near the University of Toronto Scarborough campus, Centennial College, Toronto Pan Am Sports Centre, schools (High Castle Elementary & St. Edmund), shopping, parks, and everyday amenities. Nature lovers will appreciate nearby Morningside Park, Highland Creek trails, and Rouge National Urban Park, while commuters benefit from convenient TTC access and quick connections to Highway 401. A fantastic opportunity to own in a well-established community surrounded by green space and urban conveniences.
Key facts
- Property type
- Condo Townhouse, 3-Storey
- MLS®
- E13549324
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2 (1 half)
- Size
- 1000-1199
- Cross streets
- Neilson Rd & Ellesmere Rd
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Finished
- Heating
- Baseboard
- A/C
- Other, Window Unit(s)
- Exterior
- Brick, Other
- Maintenance
- $414/mo
- Exposure
- North
- Property tax
- $2,164 / 2026
- Days on market
- 7
- Listing brokerage
- Signature Elite Realty Ltd.
Rooms
w/o to patio · large window · cathedral ceiling(s)
Window
eat-in kitchen · tile floor · backsplash
closet · window · parquet
Double Closet
window · closet · parquet
overlooks living · vinyl floor
double closet · large window · parquet
Listed at $649,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Morningside, so I widened the search to the surrounding area.
Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $486K, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $890K
- Bedrooms +$30K
- Adjusts to $920K
That comparable adjusts to $920K; the $673K estimate above is the median of all 11 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Neilson Rd at Military Trail South Side is about a 6-minute walk away.
Total price vs nearby homes. Fair value about $673K, median of 11 comparables.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 26% above the area average of $467/sqft.
4 days longer than the Toronto average (3 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
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: Neilson Rd at Military Trail South Side, about 489 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 $519,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,771
- Property tax
- $180
- Condo / maintenance fees
- $414
- Heating
- $0
- Estimated monthly cost
- $3,365
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,455
- Toronto municipal land transfer tax
- $9,455
- Estimated closing costs
- $18,910
Plus your down payment of $129,800. 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
- $166,239
- Principal paid down
- $66,120
- Interest paid
- $100,118
- Balance remaining
- $453,080
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 Signature Elite Realty Ltd.. MLS®/PropTx.