$375,000

For sale

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#5K 8 Rosebank Drive, Toronto (Malvern) - Single Family for Sale

#5K 8 Rosebank Drive, Toronto (Malvern), Ontario, M1B5Z3

1 bed1 bath1 parking ft²

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For sale

9 days ago

$600K

#59 100 Burrows Hall Boulevard, Toronto (Malvern), Ontario, M1B1M7

4 bd3 ba1 pk1,300 ft²+$582/mo

Listed by HOMELIFE/FUTURE REALTY INC.

Investment analysis

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$375,000

Toronto

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$429/mo condo fee

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $375,000, it is attractively priced about 21% below the $474,900 median asking price in Toronto.

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

Description

Welcome To A Bright and Stylish one bedroom Condo located in a heart of Scarborough close to all Amenities, TTC, 401, Shopping, Schools And Parks Spacious Open-Concept Floor Plan, Kitchen With Granite Counter Top, Gym, Game Room, Party Rm, T.V Room, Guest Suite, Concierge, Etc. (id:66096)

Property Details

MLS®: E13699822
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $429/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,500.63/yr
Listed: 75 days ago

Rooms

Main level

Kitchen: 2.58 x 2.61 meters
Dining room: 3.24 x 3.19 meters
Living room: 3.24 x 3.19 meters
Primary Bedroom: 3.1 x 3.19 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, Microwave
Flooring: Laminate
Exterior: Concrete, Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

75d

Toronto (Malvern) listings, avg age

61d

Price / ft²

$682

List price

$375K

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 1-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 HOMELIFE/MIRACLE REALTY LTD · MUKUL AGGARWAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1B)

This home lists at $375,000, about 4.1× the local median household income of $91,000.

Carrying it typically needs a household income of about $73,251 (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)

$375,000· $682/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,750

Min 5%50%

Mortgage payment$1,975/mo

↳ CMHC premium ($14,250 capitalized)

Property tax (est.)$125/mo

Condo fee$429/mo

Total monthly$2,530

Cash Needed to Close

Down payment (5%)$18,750

Land transfer tax$8,200

Est. closing costs$3,625

Total cash needed$30,575

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