$358,800
Toronto
#207 20 Orchid Place Drive, Toronto (Malvern), Ontario, M1B0E1
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $358,800, it is attractively priced about 24% below the $474,900 median asking price in Toronto. It has been on the market 41 days, fresher than the Toronto average of 61 days.
Welcome to 20 Orchid Place Dr #207, Toronto! This beautifully maintained condo is located in one of Scarborough's most sought-after communities, offering the perfect blend of comfort, convenience, and modern living. Since the original purchase, the owner has thoughtfully upgraded the bathroom with new floor tiles, a new shower head, and a new bathtub faucet. The bright, open-concept layout features high ceilings, an abundance of natural light, and a spacious design that is ideal for everyday living. Residents enjoy an impressive selection of building amenities, including an indoor gym, yoga room, recreation room, rentable BBQ stations, a community garden, and one bike locker, with additional bike lockers available through property management. A parking spot can be rented within the same building for approximately CAD $100 per month. Ideally situated with easy access to Highway 401, this condo is minutes drive to Scarborough Town Centre and is conveniently located near public transit, Centennial College, the University of Toronto Scarborough campus, schools, parks, grocery stores, banks, restaurants, and a wide variety of shops and everyday amenities. The upcoming Sheppard-McCowan TTC Station will further enhance connectivity, making commuting even more convenient. Outdoor enthusiasts will also appreciate being close to Burrows Hall Park, Burrows Hall Library, and the Burrows Hall Community Centre. Whether you're a first-time home buyer, downsizer, or investor, this exceptional condo offers outstanding value in a prime Scarborough location. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 41 days on market, against an average age of 61 days across the listings currently for sale in this city
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.
This 1-bed single family in Toronto (Malvern) has been listed for 41 days, which is 20 days fresher than the city average of 61. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $358,800, about 3.9× the local median household income of $91,000.
Carrying it typically needs a household income of about $70,086 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA M1B)
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