812-2 Manderley Drive, Toronto, ON

Birchcliffe-Cliffside, Toronto · MLS® E14082418

$399,999
For Sale
Just listed todayNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • This BRAND NEW true 2-bedroom, 1.5-bathroom suite at The Manderley delivers 638 sq. ft. of thoughtfully designed interior living PLUS an additional 146 sq. ft....
  • Perfectly positioned minutes from the Scarborough Bluffs, Lake Ontario trails, parks, shopping and dining, with easy access to downtown Toronto, Scarborough Town...

Bring me an offer! This BRAND NEW true 2-bedroom, 1.5-bathroom suite at The Manderley delivers 638 sq. ft. of thoughtfully designed interior living PLUS an additional 146 sq. ft. private terrace - nearly 800 sq. ft. of total living space! Take in breathtaking, unobstructed lake views from both bedrooms and the living room, and enjoy the convenience of tandem parking and locker. This boutique Birch Cliff residence offers concierge service, a rooftop lounge with catering kitchen, party room, fitness centre, yoga studio, kids' playroom and pet wash station. Perfectly positioned minutes from the Scarborough Bluffs, Lake Ontario trails, parks, shopping and dining, with easy access to downtown Toronto, Scarborough Town Centre and Hwy 401. A brand new unit at an unbeatable price - this opportunity won't last!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E14082418
Bedrooms
2
Bathrooms
2 (1 half)
Size
700-799 sq ft
Cross streets
Kingston Rd / Warden Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Maintenance
$648/mo
Exposure
South
Property tax
$2,587 / 2026
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$395Klikely sale price

Listed at $399,999. Going by how homes in Birchcliffe-Cliffside and the wider GTA have actually closed against their asking prices (about 99%, 8 local closings in 90 days), the likely sale price is near $395K, if it sells. A realistic range is $373K to $428K.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% above the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: the home's condition, or an asking price set as a starting point for offers.

List price
$373KBelow recent closings$428KAbove recent closings

Total price vs nearby homes. Likely closing about $395K, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$597Kmedian sold price
103%of asking, on average
+4%prices vs a year ago
~30 dayshomes like this take to sell
$2,311/moest. rent · 70 leases
6.9%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 7.9 months of inventory: 21 condo apartment homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $534/sqft against an area asking average of $771/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $569K. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

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.

Based on 8 comparable homes that sold in Birchcliffe-Cliffside over the past two years, from 75 closings there.

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,798 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K879

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.

Banbury-Don Mills
$778K
Moss Park
$507K
Waterfront Communities C8
$449K
Church-Yonge Corridor
$586K
Bay Street Corridor
$725K

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
$1,823/mo
$92KIncome needed
4.3×Price ÷ income
$421Weekly cost
$8,950Land 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.

68%mortgage
Mortgage $1,823Property tax $216Condo fee $648Total carry $2,687

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,769per month

Mortgage amount $319,999 · 4.49% over 25 years

$80,000Down payment (20.0%)
$319,999Loan before insurance
$0CMHC premium
$2,633Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,769
Property tax
$216
Condo / maintenance fees
$648
Heating
$0
Estimated monthly cost
$2,633

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

One-time closing costs

Ontario land transfer tax
$4,475
Toronto municipal land transfer tax
$4,475
Estimated closing costs
$8,950

Plus your down payment of $80,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,141/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

$210,800Total interest paid
$530,799Total of all payments
Principal $319,999 Interest $210,800
YearPrincipalInterestBalance
1$7,141$14,091$312,858
2$7,465$13,767$305,393
3$7,804$13,428$297,589
4$8,159$13,073$289,430
5$8,529$12,703$280,901
6$8,916$12,316$271,985
7$9,321$11,911$262,664
8$9,744$11,488$252,920
9$10,187$11,045$242,733
10$10,649$10,583$232,084
11$11,133$10,099$220,951
12$11,638$9,594$209,313
13$12,167$9,065$197,146
14$12,719$8,513$184,427
15$13,297$7,935$171,131
16$13,900$7,332$157,230
17$14,531$6,701$142,699
18$15,191$6,041$127,508
19$15,881$5,351$111,627
20$16,602$4,630$95,025
21$17,356$3,876$77,669
22$18,144$3,088$59,525
23$18,968$2,264$40,558
24$19,829$1,403$20,729
25$20,729$503$0

At the end of your 5-year term

Total paid over the term
$106,160
Principal paid down
$39,098
Interest paid
$67,062
Balance remaining
$280,901

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
From 70 whole-home leases in Birchcliffe-Cliffside$2,311/mo
$27,732Gross annual rent
3.4%Cap rate after taxes and upkeep
$2,194 to $2,427Typical rent range
~31 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 70 whole-home leases in Birchcliffe-Cliffside signed at a median of $2,066 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,311. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

6.9%
Gross yield
− Property tax $2,587− Condo fees $7,775− Insurance $600− Vacancy & upkeep $3,051Net operating income $13,719

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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