$399,900

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

#603 400 Mclevin Avenue, Toronto (Malvern) - Single Family for Sale

#603 400 Mclevin Avenue, Toronto (Malvern), Ontario, M1B5J4

2 beds2 baths1 parking1,300 ft²$1,030/mo condo feeListed 85 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

Stunning Corner Suite Featuring One Of The Most Spacious Layouts In The Building, Offering Approximately 1300 Sq Ft Of Bright, Open Living Space. This Well-Appointed Unit Showcases 2 Generous Bedrooms And 2 Full Bathrooms, Designed With A Functional Split-Bedroom Layout For Added Privacy. The Expansive Primary Bedroom Includes A Walk-In Closet And A 4-Piece Ensuite. Enjoy A Private Open Balcony With Pleasant Views And A Large Eat-In Kitchen Ideal For Everyday Living And Entertaining. Complete With 1 Parking Space, 1 Locker And Ensuite Laundry. Situated In A Well-Managed Building With 24-Hour Gatehouse Security And Premium Amenities Including Indoor Pool, Fitness Centre, Party Room And Tennis Court. Conveniently Located Close To Shopping, Transit, Parks And Healthcare Services. (id:66096)

Property Details

MLS®: E13665032
Property Type: Single Family
Zoning: Single Family Residential
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,030/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,437.73/yr

Rooms

Main level

Living room: 5.79 x 3.35 meters
Dining room: 3.04 x 2.62 meters
Kitchen: 2.75 x 2.62 meters
Eating area: 2.75 x 2.14 meters
Primary Bedroom: 5.34 x 3.35 meters
Bedroom 2: 3.35 x 3.04 meters

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

Features

Flooring: Hardwood, Carpeted, Ceramic
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

85d

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 ROBIN HOOD REALTY LIMITED · AJIT DUDANI

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.)$120/mo

Condo fee$1,030/mo

Total monthly$3,256

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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