$399,999

For sale

#34 42 Pinery Trail, Toronto (Malvern) - Single Family for Sale

#34 42 Pinery Trail, Toronto (Malvern), Ontario, M1B6H9

2 beds1 bath1 parking650 ft²$506/mo condo feeListed 82 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $399,999, it is attractively priced about 16% below the $474,900 median asking price in Toronto.

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Description

Enjoy convenient condo living in the heart of Malvern with this bright 2-bedroom, 1-bathroom home. The open-concept living space offers a comfortable and functional setting for everyday living, with both bedrooms providing flexibility for a couple, small family, first-time buyer or those needing a dedicated home office.Located in a well-connected Scarborough community, the property is close to TTC service, schools, parks, shopping, restaurants and everyday essentials. Malvern Town Centre, the Malvern Public Library and local community and recreation facilities are nearby, while Highway 401, Scarborough Town Centre, Centennial College and the University of Toronto Scarborough Campus are all within convenient reach. A practical home in a location that keeps daily necessities, education, recreation and commuting options close by. (id:66096)

Property Details

MLS®: E13677180
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $506/mo
Fee Includes: Common Area Maintenance, Water, Parking
Ownership: Condo/Strata
Property Tax: $1,419.53/yr
Listed: 82 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

82d

Toronto (Malvern) listings, avg age

61d

Price / ft²

$616

List price

$400K

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 HALLMARK FIRST GROUP REALTY LTD. · ANDREW PALILLO-BUCKNALL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1B)

This home lists at $399,999, about 4.4× the local median household income of $91,000.

Carrying it typically needs a household income of about $78,134 (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)

$399,999· $616/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,999.95

Min 5%50%

Mortgage payment$2,107/mo

↳ CMHC premium ($15,200 capitalized)

Property tax (est.)$118/mo

Condo fee$506/mo

Total monthly$2,732

Cash Needed to Close

Down payment (5%)$20,000

Land transfer tax$8,950

Est. closing costs$3,700

Total cash needed$32,650

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