$405,000

For sale

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#405 10 TAPSCOTT Road, Toronto (Malvern) - Single Family for Sale

#405 10 TAPSCOTT Road, Toronto (Malvern), Ontario, M1B3L9

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

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$405,000

Toronto

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Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. Listed at $405,000, it is attractively priced about 14% below the $469,888 median asking price in Toronto. It has been on the market 38 days, fresher than the Toronto average of 61 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Welcome To This Bright And Spacious 2 Bedroom, 2 Bathroom Corner Unit! Perfect For 1st Time Home Buyers, Downsizers Or Investors! Clean And Well Maintained Building! Laminate Flooring Throughout! Open Concept Living Room And Dining Room! Primary Bedroom With Walk-In Closet & 2 Piece Ensuite! 2nd Bedroom With Large Closet! Renovated Bathrooms! Ensuite Laundry! 1 Parking Spot And 1 Locker! All Utilities Covered In The Maintenance Fee! Close To Transit, Highway, Shopping, Schools And Much More! (id:66096)

Property Details

MLS®: E13841300
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $808/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $974.48/yr
Listed: 38 days ago

Market Timing

Days on market

38d

Toronto (Malvern) listings, avg age

61d

Price / ft²

$427

List price

$405K

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 $405,000, about 4.5× the local median household income of $91,000.

Carrying it typically needs a household income of about $79,111 (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)

$405,000· $427/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,250

Min 5%50%

Mortgage payment$2,133/mo

↳ CMHC premium ($15,390 capitalized)

Property tax (est.)$81/mo

Condo fee$808/mo

Total monthly$3,022

Cash Needed to Close

Down payment (5%)$20,250

Land transfer tax$9,150

Est. closing costs$3,715

Total cash needed$33,115

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

#405 10 TAPSCOTT Road, Toronto (Malvern) - Single Family for Sale

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Neighbourhood profile (M1B)

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