$424,900

For sale

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#102 8 Silver bell Grove, Toronto (Malvern) - Single Family for Sale

#102 8 Silver bell Grove, Toronto (Malvern), Ontario, M1B4Z3

2 beds2 baths2 parking ft²

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Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.

#108 90 Orchid Place Drive, Toronto (Malvern), Ontario, M1B0C4

For saleJust listed

Today

$450K

#108 90 Orchid Place Drive, Toronto (Malvern), Ontario, M1B0C4

2 bd1 ba1 pk650 ft²+$342/mo

Listed by ALLIED INTERNATIONAL REALTY CANADA INC.

#14 70 Orchid Place Drive, Toronto (Malvern), Ontario, M1B0C4

For sale

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$395K

#14 70 Orchid Place Drive, Toronto (Malvern), Ontario, M1B0C4

1 bd1 ba550 ft²+$342/mo

Listed by CENTURY 21 LEADING EDGE REALTY INC.

#103 5155 Sheppard Avenue East, Toronto (Malvern), Ontario, M1B0C8

For sale

9 days ago

$470K

#103 5155 Sheppard Avenue East, Toronto (Malvern), Ontario, M1B0C8

2 bd1 ba1 pk650 ft²+$413/mo

Listed by M5V Elite Realty Group

Investment analysis

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$424,900

Toronto

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Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Listed at $424,900, it is attractively priced about 10% below the $469,888 median asking price in Toronto. It has been on the market 19 days, fresher than the Toronto average of 60 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Great Location, Spacious 2 Bedrooms ,2 Full Washrooms 2 PARKING SPOTS Ground floor Condo with Patio Backyard For Summer entertainment ,Recently painted and New Laminate Floor .Full Open concept, Close to All Amenties, Steps to Public Transit,& Parks, Minutes to 401 and 404 ,Near To UOFT, Public Library, Public Schools, Malvern Town Centre, Great Unit for FIRST TIME Home Buyer ,Maintenance Includes ,Water, AC ,Heat (id:66096)

Property Details

MLS®: E14090870
Property Type: Single Family
Zoning: RA*597
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,100 ft²
Style: Multi-level
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,142/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,097.25/yr
Listed: 19 days ago

Market Timing

Days on market

19d

Toronto (Malvern) listings, avg age

60d

Price / ft²

$386

List price

$425K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (M1B)

This home lists at $424,900, about 4.7× the local median household income of $91,000.

Carrying it typically needs a household income of about $82,998 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $91,000
Population: 65,555
Median age: 39.6
Owner / renter: 72% / 28%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M1B)

$424,900· $386/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,245

Min 5%50%

Mortgage payment$2,238/mo

↳ CMHC premium ($16,146 capitalized)

Property tax (est.)$91/mo

Condo fee$1,142/mo

Total monthly$3,471

Cash Needed to Close

Down payment (5%)$21,245

Land transfer tax$9,946

Est. closing costs$3,775

Total cash needed$34,966

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#102 8 Silver bell Grove, Toronto (Malvern) - Single Family for Sale

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Neighbourhood profile (M1B)

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