$574,999

For sale

#304 90 Orchid Place Drive, Toronto (Malvern) - Single Family for Sale

#304 90 Orchid Place Drive, Toronto (Malvern), Ontario, M1B0C4

2 beds2 baths1 parking1,100 ft²$509/mo condo feeListed 35 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 35 days, fresher than the Toronto average of 61 days.

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Description

Welcome to TH304 - 90 Orchid Place Drive, offering 1,005 sq ft of sleek, modern living space. The main level features smooth ceilings, granite countertops, an undermount sink, and updated LED ceiling lights, plus a convenient main-floor powder room. Upstairs, the second-floor bathroom includes updated vanity lighting. Relax in the primary bedroom with a private balcony walkout, or host guests on your exclusive rooftop terrace. Complete with 1 underground parking space, 1 owned locker, and visitor parking, this turnkey home delivers effortless living. Enjoy unbeatable access to Highway 401, Scarborough Town Centre, Centennial College, UTSC, medical clinics, hospitals, groceries, and cafes. Ideal for end-users and investors alike, this property promises outstanding long-term value just minutes from the upcoming TTC Sheppard-McCowan subway extension. (id:66096)

Property Details

MLS®: E13854392
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $509/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,222.71/yr
Listed: 35 days ago

Rooms

Main level

Living room: 2.62 x 3.43 meters
Dining room: 2.47 x 2.59 meters
Kitchen: 2.47 x 2.59 meters
Primary Bedroom: 2.69 x 4.33 meters
Bedroom 2: 2.52 x 3.89 meters
Partial bathroom: 0.76 x 2.06 meters

Flat

Bathroom: 1.68 x 2.26 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, Range, Dryer, Microwave, Blinds, Garage door opener remote(s)
Flooring: Laminate, Ceramic
Exterior: Brick, Stucco
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Toronto (Malvern) listings, avg age

61d

Price / ft²

$523

List price

$575K

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 35 days, which is 26 days fresher than the city average of 61. Act while there is still low competition.

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Listed by CENTURY 21 PERCY FULTON LTD. · TESS CAMERON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1B)

This home lists at $574,999, about 6.3× the local median household income of $91,000.

Carrying it typically needs a household income of about $112,317 (20% down, 25-yr amortization, stress-tested) — roughly 23% 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)

$574,999· $523/ft²

For sale

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Full Cost Breakdown

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Down Payment5.65% · $32,499.90

Min 5.65%50%

Mortgage payment$3,008/mo

↳ CMHC premium ($21,700 capitalized)

Property tax (est.)$269/mo

Condo fee$509/mo

Total monthly$3,785

Cash Needed to Close

Down payment (5.65%)$32,500

Land transfer tax$15,950

Est. closing costs$4,225

Total cash needed$52,675

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