$715,000

For sale

#1505 28 Rosebank Drive, Toronto (Malvern) - Single Family for Sale

#1505 28 Rosebank Drive, Toronto (Malvern), Ontario, M1B5Z1

3 beds3 baths3 parking1,500 ft²$409/mo condo feeListed 58 days ago

Overview

This 3-bedroom, 3-bathroom condo in Toronto is for sale offering roughly 1,500 sq ft of space. It has been on the market 58 days, fresher than the Toronto average of 61 days.

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Description

Fully renovated in 2023, this spacious three-bedroom, three-bathroom townhome is ready to move in and enjoy. With three levels of living space, a private garden and great storage, it offers plenty of room for everyday life. The open living and dining area has hardwood floors, crown moulding, pot lights and a large bay window. The kitchen was fully redone with custom cabinets, built-in storage and quartz counters and backsplash. It also has a carbon-fibre sink and stainless steel appliances. All three bathrooms were fully renovated. They feature floating vanities, large tiles, glass showers, new fixtures, modern mirrors and pot lights. The entire third floor is your private primary suite. Windows on two sides bring in lots of natural light. There is a walk-in closet with PAX storage and a large five-piece ensuite. It has a double vanity, soaker tub and oversized glass shower. Laundry is also on the upper level. Step outside to your own landscaped patio and garden. The owners have spent years planting and caring for the many plants found here today. The result is a mature garden that is ready to enjoy. Just steps from the front door is the complex courtyard and a small playground. It's a great bonus for families with young children. The location makes daily life easy. Parks, schools and Burrows Hall Library are close by. Cynthia Lai Park and Burrows Hall Park offer even more outdoor space. Groceries, restaurants, coffee shops and other daily needs are a short walk away. TTC is also just steps from home. Need to get around the city? Highway 401 is close by. Scarborough Town Centre, Centennial College and U of T Scarborough are also easy to reach. Shops and services along Markham Road and Sheppard Avenue are all nearby. Condo fees include cable TV, internet, parking, common elements, building insurance, landscaping and snow removal. This is a home that gives you the space and feel of a house, with three full levels, a private garden and less outdoor work. (id:66096)

Property Details

MLS®: E13758812
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 3
Interior Size: 1,500 ft²
Storeys: 3
Basement: Other, See Remarks, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $409/mo
Fee Includes: Common Area Maintenance, Cable TV, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,182.25/yr

Rooms

Main level

Living room: 3.43 x 4.01 meters
Dining room: 4.08 x 4.01 meters
Kitchen: 3.04 x 4 meters

Third level

Primary Bedroom: 7.7 x 4.01 meters

Second level

Bedroom 2: 3.21 x 4.01 meters
Bedroom 3: 2.87 x 4.01 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, Water meter, Central Vacuum, Intercom, Dishwasher, Stove, Range, Dryer, Microwave, Window Coverings, Water Heater
Flooring: Hardwood, Carpeted
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

58d

Toronto (Malvern) listings, avg age

61d

Price / ft²

$477

List price

$715K

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 3-bed single family in Toronto (Malvern) has been listed for 58 days, which is 3 days fresher than the city average of 61. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · CHRIS COOK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1B)

This home lists at $715,000, about 7.9× the local median household income of $91,000.

Carrying it typically needs a household income of about $139,665 (20% down, 25-yr amortization, stress-tested) — roughly 53% above 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)

$715,000· $477/ft²

For sale

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Full Cost Breakdown

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Down Payment6.50% · $46,500

Min 6.50%50%

Mortgage payment$3,706/mo

↳ CMHC premium ($26,740 capitalized)

Property tax (est.)$265/mo

Condo fee$409/mo

Total monthly$4,380

Cash Needed to Close

Down payment (6.50%)$46,500

Land transfer tax$21,550

Est. closing costs$4,645

Total cash needed$72,695

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