$449,000

For sale

#314 480 Mclevin Avenue, Toronto (Malvern) - Single Family for Sale

#314 480 Mclevin Avenue, Toronto (Malvern), Ontario, M1B5N9

2 beds2 baths1 parking1,300 ft²$951/mo condo feeListed 65 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. Its $449,000 asking price sits right in line with the $469,888 median in Toronto.

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Description

Bright and Spacious 2-bedroom, 2-bathroom condo in the desirable Mayfair on the Green IV community in Malvern. This well-designed suite offers a comfortable layout with generous living and dining areas, good-sized bedrooms, ample storage, and a private balcony. The primary bedroom features excellent closet space and a convenient ensuite bathroom.Enjoy an impressive selection of building amenities, including an indoor swimming pool, gym, sauna, hot tub, tennis courts, party room, and 24-hour gated security. The well-maintained community is surrounded by beautifully landscaped green space.Ideally located close to TTC, schools, shopping, library, community centre, medical facilities, University of Toronto Scarborough, Centennial College, and Highway 401. A great opportunity for first-time buyers, downsizers, families, or investors looking for a well-connected home in Malvern. (id:66096)

Property Details

MLS®: E13737606
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $951/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,603.68/yr
Listed: 65 days ago

Rooms

Main level

Dining room: 3.23 x 3.74 meters
Kitchen: 5.17 x 2.75 meters
Primary Bedroom: 7.54 x 3.51 meters
Living room: 6.8 x 3.35 meters
Bedroom 2: 4.34 x 2.99 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, Dryer, Window Coverings
Flooring: Laminate, Ceramic
Exterior: Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

65d

Toronto (Malvern) listings, avg age

61d

Price / ft²

$346

List price

$449K

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) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX PREMIER INC. · AMANDEEP SINGH PHUL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1B)

This home lists at $449,000, about 4.9× the local median household income of $91,000.

Carrying it typically needs a household income of about $87,705 (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)

$449,000· $346/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$134/mo

Condo fee$951/mo

Total monthly$3,450

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$10,910

Est. closing costs$3,847

Total cash needed$37,207

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