$458,000

For sale

#22 155 Tapscott Road, Toronto (Malvern) - Single Family for Sale

#22 155 Tapscott Road, Toronto (Malvern), Ontario, M1B0E8

2 beds1 bath1 parking750 ft²$321/mo condo feeListed 45 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Its $458,000 asking price sits right in line with the $469,888 median in Toronto. It has been on the market 45 days, fresher than the Toronto average of 61 days.

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Description

Great Opportunity To Buy This single-story, never-lived-in unit offers spacious 2 bedrooms & 1bathroom. 85Sq ft of private terrace. Affordable Living In The Heart of Scarborough. Fantastic opportunity for you to make your next home. This townhouse is best suited for 1st time home buyers and investors. Featuring an open-concept living and dining area, a decent-sized kitchen with stainless steel appliances, kitchens with designer quality cabinetry, and granite countertops. The decent-sized bedrooms include ample closet space. Comes with a designated parking spot and bike storage. Very Close To Malvern Town Centre, Hwy 401, STC, Centennial College, UofT Scarborough Campus, Public Transit, And Amenities At Door Step. Some Photos were virtually staged. Locker # LEVEL A UNIT 408. Locker is for bicycle storage. (id:66096)

Property Details

MLS®: E13811972
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $321/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,496.03/yr
Listed: 45 days ago

Rooms

Main level

Great room: 4.19 x 2.92 meters
Kitchen: 284 x 2.92 meters
Primary Bedroom: 3.66 x 2.72 meters
Bedroom 2: 2.9 x 2.44 meters
Laundry room
Bathroom

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, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Laminate, Carpeted, Ceramic
Foundation: Concrete
Exterior: Brick, Stone
Lot Features: Dry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

45d

Toronto (Malvern) listings, avg age

61d

Price / ft²

$611

List price

$458K

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 45 days, which is 16 days fresher than the city average of 61. Act while there is still low competition.

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Listed by ROYAL LEPAGE IGNITE REALTY · MAHESAN SUBRAMANIAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1B)

This home lists at $458,000, about 5.0× the local median household income of $91,000.

Carrying it typically needs a household income of about $89,463 (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)

$458,000· $611/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,900

Min 5%50%

Mortgage payment$2,412/mo

↳ CMHC premium ($17,404 capitalized)

Property tax (est.)$208/mo

Condo fee$321/mo

Total monthly$2,941

Cash Needed to Close

Down payment (5%)$22,900

Land transfer tax$11,270

Est. closing costs$3,874

Total cash needed$38,044

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