$419,900

For sale

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#3M 8 Rosebank Drive, Toronto (Malvern) - Single Family for Sale

#3M 8 Rosebank Drive, Toronto (Malvern), Ontario, M1B5Z3

2 beds1 bath1 parking condo fee

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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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$419,900

Toronto

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Description

Welcome to this bright 1+1 bedroom condo, offering the perfect blend of modern style, comfort, and convenience. Ideally situated close to TTC, Highway 401, Scarborough Town Cent, schools, parks, shopping, Centennial College, and UFT, this home is perfect for professionals, students, first-time buyers, and investors alike.A functional layout features a versatile den which can be converted to a home office or guest BR. Open concept kitchen boasts granite countertops.Residents enjoy an impressive selection of building amenities, including a fully equipped fitness centre, games room, party room, TV/lounge room, guest suites, and 24-hour concierge service. (id:66096)

Property Details

MLS®: E13523044
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $526/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,080/yr
Listed: 125 days ago

Market Timing

Days on market

125d

Toronto (Malvern) listings, avg age

61d

List price

$420K

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 $419,900, about 4.6× the local median household income of $91,000.

Carrying it typically needs a household income of about $82,021 (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)

$419,900

For sale

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Full Cost Breakdown

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Down Payment5% · $20,995

Min 5%50%

Mortgage payment$2,212/mo

↳ CMHC premium ($15,956 capitalized)

Property tax (est.)$173/mo

Condo fee$526/mo

Total monthly$2,910

Cash Needed to Close

Down payment (5%)$20,995

Land transfer tax$9,746

Est. closing costs$3,760

Total cash needed$34,501

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

#3M 8 Rosebank Drive, Toronto (Malvern) - Single Family for Sale

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Description

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Neighbourhood profile (M1B)

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