$499,900

For sale

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#310 20 Orchid Place Drive, Toronto (Malvern) - Single Family for Sale

#310 20 Orchid Place Drive, Toronto (Malvern), Ontario, M1B0E1

2 beds2 baths1 parking ft²

#PH6 15 Sewells Road, Toronto (Malvern), Ontario, M1B3V7

2 bd1 ba2 pk950 ft²+$1217/mo

Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.

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

For saleJust listed

Today

$450K

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

2 bd1 ba1 pk650 ft²+$342/mo

Listed by ALLIED INTERNATIONAL REALTY CANADA INC.

#14 70 Orchid Place Drive, Toronto (Malvern), Ontario, M1B0C4

For sale

8 days ago

$395K

#14 70 Orchid Place Drive, Toronto (Malvern), Ontario, M1B0C4

1 bd1 ba550 ft²+$342/mo

Listed by CENTURY 21 LEADING EDGE REALTY INC.

#103 5155 Sheppard Avenue East, Toronto (Malvern), Ontario, M1B0C8

For sale

9 days ago

$470K

#103 5155 Sheppard Avenue East, Toronto (Malvern), Ontario, M1B0C8

2 bd1 ba1 pk650 ft²+$413/mo

Listed by M5V Elite Realty Group

Investment analysis

Rental cashflow calculator

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$499,900

Toronto

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Description

Location, Location ! Bright and spacious 2-bedroom corner condo featuring 2 washrooms and approximately 800 sq. ft. of living space plus a private balcony. Both bedrooms offer large windows with abundant natural sunlight. The open-concept living and dining area provides a seamless flow with a walk-out to the balcony. Enjoy a modern kitchen with stainless steel appliances and a full-sized washer and dryer. Parking included. Conveniently located just minutes from transit, Highway 401, Centennial College, and the University of Toronto Scarborough Campus an ideal location for comfort and accessibility ! (id:66096)

Property Details

MLS®: E13859116
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $505/mo
Fee Includes: Common Area Maintenance, Water, Parking
Ownership: Condo/Strata
Property Tax: $2,347.97/yr
Listed: 33 days ago

Market Timing

Days on market

33d

Toronto (Malvern) listings, avg age

61d

Price / ft²

$588

List price

$500K

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.

Area context

Neighbourhood profile (M1B)

This home lists at $499,900, about 5.5× the local median household income of $91,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 7% 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)

$499,900· $588/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$196/mo

Condo fee$505/mo

Total monthly$3,334

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$12,946

Est. closing costs$4,000

Total cash needed$41,941

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#310 20 Orchid Place Drive, Toronto (Malvern) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M1B)

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Full Cost Breakdown