404-2 Manderley Drive, Toronto, ON

Birchcliffe-Cliffside, Toronto · MLS® E13816352

$419,460
For Sale
Listed 26 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
0Parking
700-799Sq ft

About this home

In short

  • 745 SQ FT OF REAL LIVING SPACE.
  • Discover a rare, large 1-bedroom plus den offering the space and flexibility that is increasingly hard to find in today's new condo market.
  • Imagine waking up to peaceful treetop and greenery views, with natural light and fresh air, while enjoying 745 sq ft of thoughtfully designed interior space.
  • The open-concept living and dining area creates a welcoming space for everyday living, while the spacious primary bedroom offers peaceful north-facing views and a...
  • Located at 2 Manderley Drive in East Toronto's sought-after historic Birch Cliff neighbourhood, you can enjoy a peaceful residential setting with TTC, shops, dining...

RARE SPACE. EXCEPTIONAL VALUE. 745 SQ FT OF REAL LIVING SPACE. Discover a rare, large 1-bedroom plus den offering the space and flexibility that is increasingly hard to find in today's new condo market. Imagine waking up to peaceful treetop and greenery views, with natural light and fresh air, while enjoying 745 sq ft of thoughtfully designed interior space. This is not your typical shoebox condo, but a home with room to comfortably live, work from home, relax, and entertain. The open-concept living and dining area creates a welcoming space for everyday living, while the spacious primary bedroom offers peaceful north-facing views and a private connection to the balcony. The versatile den provides the perfect space for a home office, guest area, or additional living space. Located at 2 Manderley Drive in East Toronto's sought-after historic Birch Cliff neighbourhood, you can enjoy a peaceful residential setting with TTC, shops, dining, parks, and everyday conveniences all within walking distance. Major highways are nearby, and Lake Ontario and the Beach are less than 10 minutes away. Residents also enjoy an impressive range of amenities, including concierge, guest suite, fitness centre, meeting room, party room, rooftop terrace with dining and BBQ areas, children's play area, pet wash station, and more. Exceptionally priced for the size and value, this is an opportunity to own a home that truly gives you room to live. *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®
E13816352
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
700-799 sq ft
Cross streets
Kingston Rd / Warden Ave
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$613/mo
Exposure
North
Property tax
$2,457 / 2026
Days on market
26
Listing brokerage
MILBORNE REAL ESTATE INC.

Rooms

BedroomMain0.00 × 0.00 m

3 pc ensuite · closet · sliding doors

Living RoomMain0.00 × 0.00 m

laminate · open concept · w/o to balcony

KitchenMain0.00 × 0.00 m

laminate · stainless steel appl · quartz counter

DenMain0.00 × 0.00 m

Laminate

Dining RoomMain0.00 × 0.00 m

laminate · open concept · combined w/kitchen

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
$587kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $804/sqft; this home lists at $560/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
419kThis home549k549k550k699kThis 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.

Moss Park
$495K
Waterfront Communities C8
$525K
Mount Pleasant West
$530K
Kensington-Chinatown
$578K
Waterfront Communities C1
$699K

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
$1,912/mo
$95KIncome needed
4.4×Price ÷ income
$441Weekly cost
$9,728Land 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.

70%mortgage
Mortgage $1,912Property tax $205Condo fee $613Total carry $2,729

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,855per month

Mortgage amount $335,568 · 4.49% over 25 years

$83,892Down payment (20.0%)
$335,568Loan before insurance
$0CMHC premium
$2,673Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,855
Property tax
$205
Condo / maintenance fees
$613
Heating
$0
Estimated monthly cost
$2,673

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

One-time closing costs

Ontario land transfer tax
$4,864
Toronto municipal land transfer tax
$4,864
Estimated closing costs
$9,728

Plus your down payment of $83,892. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,246/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

$221,056Total interest paid
$556,624Total of all payments
Principal $335,568 Interest $221,056
YearPrincipalInterestBalance
1$7,488$14,777$328,080
2$7,828$14,437$320,251
3$8,184$14,081$312,067
4$8,555$13,709$303,512
5$8,944$13,321$294,568
6$9,350$12,915$285,218
7$9,775$12,490$275,443
8$10,218$12,047$265,225
9$10,682$11,583$254,543
10$11,167$11,098$243,375
11$11,674$10,591$231,701
12$12,204$10,061$219,496
13$12,759$9,506$206,738
14$13,338$8,927$193,400
15$13,943$8,322$179,457
16$14,577$7,688$164,880
17$15,238$7,027$149,642
18$15,930$6,335$133,711
19$16,654$5,611$117,058
20$17,410$4,855$99,648
21$18,200$4,065$81,448
22$19,027$3,238$62,421
23$19,890$2,375$42,531
24$20,793$1,471$21,738
25$21,738$527$0

At the end of your 5-year term

Total paid over the term
$111,325
Principal paid down
$41,000
Interest paid
$70,325
Balance remaining
$294,568

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$2,400/mo
$28,800Gross annual rent
3.6%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.

6.9%
Gross yield
− Property tax $2,457− Condo fees $7,355− Insurance $600− Vacancy & upkeep $3,168Net operating income $15,220

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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