$449,900

For saleJust listed

#108 90 Orchid Place Drive, Toronto (Malvern) - Single Family for Sale

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

2 beds1 bath1 parking650 ft²$342/mo condo feeListed Today

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Its $449,900 asking price sits right in line with the $469,888 median in Toronto. It has been on the market 0 days, fresher than the Toronto average of 61 days.

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Description

Well maintained and generously sized, this 1 bed + den provides exceptional value! Walk through the beautifully manicured courtyard right into your private terrace that is more than 200 sq ft of outdoor enjoyment perfect for entertaining, relaxing, gardening or all of the above! Enter into the spacious, open concept living space, with oversized windows that bring in the perfect amount of natural light. The upgraded kitchen includes premium quartz counters, tile backsplash, under cabinet lighting, stainless steel appliances and custom storage solutions. Unbeatable location that is within minutes of shopping, dining, schools (incl. UTSC + Centennial), parks, community centres, emergency services, 3 minutes to hwy 401 and 2km from the upcoming Scarborough Subway Station. Complete with a dedicated underground parking spot + locker, the value seems to never end! With low maintenance fees and in great condition, this property works well for 1st time buyers, down-sizers and investors alike. (id:66096)

Property Details

MLS®: E14154800
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $342/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,021/yr
Listed: Today

Rooms

Flat

Living room: 3.1 x 5 meters
Kitchen: 3.15 x 2.74 meters
Dining room: 3.15 x 2.29 meters
Bedroom: 2.77 x 3.05 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings, Garage door opener remote(s), Water Heater - Tankless
Flooring: Vinyl
Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Malvern) listings, avg age

61d

Price / ft²

$693

List price

$450K

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.

Haho

This 2-bed single family in Toronto (Malvern) has been listed for 0 days, which is 61 days fresher than the city average of 61. Act while there is still low competition.

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Listed by ALLIED INTERNATIONAL REALTY CANADA INC. · FAIQ TAHIR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1B)

This home lists at $449,900, about 4.9× the local median household income of $91,000.

Carrying it typically needs a household income of about $87,881 (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)

$449,900· $693/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,495

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,096 capitalized)

Property tax (est.)$168/mo

Condo fee$342/mo

Total monthly$2,880

Cash Needed to Close

Down payment (5%)$22,495

Land transfer tax$10,946

Est. closing costs$3,850

Total cash needed$37,291

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