317-2 Manderley Drive, Toronto, ON

Birchcliffe-Cliffside, Toronto · MLS® E13711602

$409,726
For Sale
Listed 55 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Enjoy your morning coffee on the balcony while taking in southeast views toward the historic surroundings of Birch Cliff.
  • This spacious 1-bedroom plus den offers a comfortable blend of space, natural light, and lifestyle in one of East Toronto's sought-after neighbourhoods.
  • Close to everything you need, you're less than 10 minutes from parks overlooking Lake Ontario and the Beach, with TTC, dining, shops, major highways, and more all...
  • Purchasers who are not eligible for the Enhanced Rebate will pay an additional 13% on the Net Purchase Price.

Enjoy your morning coffee on the balcony while taking in southeast views toward the historic surroundings of Birch Cliff. This spacious 1-bedroom plus den offers a comfortable blend of space, natural light, and lifestyle in one of East Toronto's sought-after neighbourhoods. Welcome to 2 Manderley Drive, a boutique condominium nestled in the historic Birch Cliff community. Close to everything you need, you're less than 10 minutes from parks overlooking Lake Ontario and the Beach, with TTC, dining, shops, major highways, and more all within easy reach. Building amenities include concierge, guest suite, fitness centre, meeting room, party room, rooftop terrace with dining and barbecue areas, children's play area, pet wash station, and more. ** Listed price is NET of the Enhanced Rebate. Purchasers who are not eligible for the Enhanced Rebate will pay an additional 13% on the Net Purchase Price.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13711602
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
Kingston Rd / Warden Ave
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$453/mo
Exposure
South East
Property tax
$1,839 / 2026
Days on market
55
Listing brokerage
MILBORNE REAL ESTATE INC.

Rooms

BedroomMain2.77 × 3.07 m

laminate · closet · window

KitchenMain3.56 × 2.97 m

laminate · stainless steel appl · quartz counter

Dining RoomMain3.56 × 2.97 m

laminate · open concept · combined w/kitchen

Living RoomMain2.54 × 2.97 m

laminate · open concept · w/o to balcony

DenMain3.02 × 2.03 m

Laminate

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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

What sellers nearby are askingCurrently listed nearby in Birchcliffe-Cliffside · asking prices
$536kavg asking

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

Per square foot, these ask about $859/sqft; this home lists at $746/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
410kThis home360k549k699kThis home vs active comparables

Neighbourhood & location

Birchcliffe-Cliffside, 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.

Nearby neighbourhoods

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

North St. James Town
$765K
Waterfront Communities C8
$554K
Church-Yonge Corridor
$529K
Kensington-Chinatown
$585K
Waterfront Communities C1
$610K

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 Birch Cliff Public School
68%
Birch Cliff Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 68% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Oakridge Junior Public School · Public elementary1.2 km · 61% at standard
Blantyre Public School · Public elementary1.2 km · 71% at standard
St Dunstan Catholic School · Catholic elementary1.3 km · 73% at standard
Samuel Hearne Public School · Public elementary1.3 km · 47% at standard
Courcelette Public School · Public elementary1.3 km · 77% at standard
Taylor Creek Public School · Public elementary1.4 km · 41% at standard
Neil McNeil High School · Catholic secondary1.5 km · 76% at standard
Birch Cliff Heights Public School · Public elementary1.6 km · 59% at standard
Adam Beck Junior Public School · Public elementary1.6 km · 73% at standard
Malvern Collegiate Institute · Public secondary2.0 km · 87% at standard
Crescent Town Elementary School · Public elementary2.0 km · 68% at standard
J G Workman Public School · Public elementary2.0 km · 51% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$1,867/mo
$88KIncome needed
4.7×Price ÷ income
$431Weekly cost
$9,339Land transfer tax, one-time (Ontario + Toronto)
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 $1,867Property tax $153Condo fee $453Total carry $2,474

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,812per month

Mortgage amount $327,781 · 4.49% over 25 years

$81,945Down payment (20.0%)
$327,781Loan before insurance
$0CMHC premium
$2,419Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,812
Property tax
$153
Condo / maintenance fees
$453
Heating
$0
Estimated monthly cost
$2,419

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

One-time closing costs

Ontario land transfer tax
$4,670
Toronto municipal land transfer tax
$4,670
Estimated closing costs
$9,339

Plus your down payment of $81,945. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,194/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

$215,926Total interest paid
$543,707Total of all payments
Principal $327,781 Interest $215,926
YearPrincipalInterestBalance
1$7,315$14,434$320,466
2$7,647$14,101$312,819
3$7,994$13,754$304,825
4$8,357$13,391$296,468
5$8,736$13,012$287,732
6$9,133$12,615$278,599
7$9,548$12,201$269,051
8$9,981$11,767$259,070
9$10,434$11,314$248,636
10$10,908$10,840$237,727
11$11,403$10,345$226,324
12$11,921$9,827$214,403
13$12,462$9,286$201,940
14$13,028$8,720$188,912
15$13,620$8,128$175,292
16$14,238$7,510$161,054
17$14,885$6,864$146,169
18$15,561$6,188$130,608
19$16,267$5,481$114,341
20$17,006$4,743$97,336
21$17,778$3,970$79,558
22$18,585$3,163$60,973
23$19,429$2,319$41,544
24$20,311$1,437$21,233
25$21,233$515$0

At the end of your 5-year term

Total paid over the term
$108,741
Principal paid down
$40,049
Interest paid
$68,693
Balance remaining
$287,732

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$1,700/mo
$20,400Gross annual rent
2.5%Cap rate after taxes and upkeep

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.

5.0%
Gross yield
− Property tax $1,839− Condo fees $5,438− Insurance $600− Vacancy & upkeep $2,244Net operating income $10,279

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

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