$399,900

$415,000For salePrice drop↓ $15,100 (4%)

#602 400 McLevin Avenue, Toronto (Malvern) - Single Family for Sale

#602 400 McLevin Avenue, Toronto (Malvern), Ontario, M1B5J4

2 beds2 baths1 parking1,300 ft²$1,055/mo condo feeListed 89 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $399,900, it is attractively priced about 16% below the $474,900 median asking price in Toronto.

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Description

Spacious Two Bedroom Condo In Well Maintained Mayfair Building. Sun Filled Clean & Well Kept Unit Close To All The Amenities: Shopping, Doctors Office, Ttc, Hwy 401. Huge Balcony. State Of The Art Recreation Facility With Fully Equip Gym. Swimming pool, jacuzzi, sauna and party room (100+ capacity), gymnasium, Outdoor Tennis Court. Within a 10 min walk to Nofrils, Shoppers Drug Mart, Fresh land, A&W, medical center, diagnostic centers, eye doctor, dentist, Malvern mall, bank, food court, public library, soccer field, community recreation center etc. Within 5 min drive to Mosque, Church, Temple, gas station, fast food corner etc. Property sold "as is, as per Schedule "A" (id:66096)

Property Details

MLS®: E13653134
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: Finished, None, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,055/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,247/yr
Listed: 89 days ago

Rooms

Flat

Living room: 4.8 x 3.5 meters
Dining room: 3.05 x 2.6 meters
Kitchen: 5.8 x 2.61 meters
Primary Bedroom: 5.29 x 3.35 meters
Bedroom 2: 3.34 x 3.05 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Tile, Laminate
Foundation: Concrete
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

89d

Toronto (Malvern) listings, avg age

61d

Price / ft²

$308

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 ROYAL LEPAGE TERREQUITY REALTY · RANA PARVEJ

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1B)

This home lists at $399,900, about 4.4× the local median household income of $91,000.

Carrying it typically needs a household income of about $78,114 (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)

$399,900· $308/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$104/mo

Condo fee$1,055/mo

Total monthly$3,265

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$8,947

Est. closing costs$3,700

Total cash needed$32,642

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