$899,999

For sale

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#7 245 Mclevin Avenue, Toronto (Malvern) - Single Family for Sale

#7 245 Mclevin Avenue, Toronto (Malvern), Ontario, M1B0E8

2 beds2 baths1 parking ft²

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For sale

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Listed by HOMELIFE/FUTURE REALTY INC.

Investment analysis

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$899,999

Toronto

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Description

Beautiful and well-maintained 2-bedroom, 2-bathroom stacked townhouse offering approximately 2,150 ft. of comfortable living space. Bright open-concept layout with modern kitchen featuring stainless steel appliances, ensuite laundry, and a spacious private terrace perfect for relaxing or entertaining. Includes one underground parking space. Conveniently located close to TTC, Highway 401, Malvern Town Centre, schools, Centennial College, University of Toronto Scarborough, parks, shopping, restaurants, and all essential amenities. (id:66096)

Property Details

MLS®: E13861022
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 2,125 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Air exchanger
Garage: Garage, Underground
Condo Fee: $326/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $3,028/yr
Listed: 30 days ago

Market Timing

Days on market

30d

Toronto (Malvern) listings, avg age

61d

Price / ft²

$424

List price

$900K

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 $899,999, about 9.9× the local median household income of $91,000.

Carrying it typically needs a household income of about $175,801 (20% down, 25-yr amortization, stress-tested) — roughly 93% above 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)

$899,999· $424/ft²

For sale

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Full Cost Breakdown

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Down Payment7.22% · $64,999.90

Min 7.22%50%

Mortgage payment$4,629/mo

↳ CMHC premium ($33,400 capitalized)

Property tax (est.)$252/mo

Condo fee$326/mo

Total monthly$5,208

Cash Needed to Close

Down payment (7.22%)$65,000

Land transfer tax$28,950

Est. closing costs$5,200

Total cash needed$99,150

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

#7 245 Mclevin Avenue, Toronto (Malvern) - Single Family for Sale

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Description

Property Details

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Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M1B)

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Full Cost Breakdown