$399,000

For sale

#904 15 Sewells Road, Toronto (Malvern) - Single Family for Sale

#904 15 Sewells Road, Toronto (Malvern), Ontario, M1B3V7

3 beds2 baths1 parking1,100 ft²$1,455/mo condo feeListed 36 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Listed at $399,000, it is attractively priced about 16% below the $474,900 median asking price in Toronto. It has been on the market 36 days, fresher than the Toronto average of 61 days.

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Description

Welcome to this spacious and well-maintained 3-bedroom suite offering exceptional value in a convenient Scarborough community. Thoughtfully designed with a generous and functional layout, this bright home features expansive living and dining areas, creating plenty of room for comfortable everyday living and entertaining. Large windows bring in an abundance of natural light, while the spacious bedrooms provide excellent flexibility for families, guests, or a dedicated home office. The beautifully upgraded bathroom adds a modern touch, complemented by the suite's overall well-kept condition and impressive amount of living space. This unit comes with an exclusive parking and locker, providing added convenience for families. Enjoy a well-connected location close to schools, parks, shopping, restaurants, public transit, medical facilities, and everyday amenities. You're also conveniently located near University of Toronto Scarborough, Centennial College, Toronto Pan Am Sports Centre, Toronto Zoo, and Highway 401. Whether you're a first-time buyer looking for room to grow, a family seeking a spacious and practical home, or an investor looking for a well-positioned property, this is anexcellent opportunity to own a generously sized 1,122 square feet, 3-bedroom suite in a convenient and established Scarborough community. (id:66096)

Property Details

MLS®: E13839584
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,455/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,181.65/yr
Listed: 36 days ago

Rooms

Flat

Living room: 6.63 x 3.12 meters
Dining room: 5.01 x 2.97 meters
Kitchen: 4.25 x 2.37 meters
Primary Bedroom: 4.38 x 3.27 meters
Bedroom 2: 3.4 x 3.27 meters
Bedroom 3: 3.37 x 2.48 meters
Laundry room: 1.36 x 2.58 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, Stove, Range, Dryer, Hood Fan, Window Coverings
Flooring: Laminate, Ceramic
Exterior: Concrete, Brick
Lot Features: Elevator, Balcony, In suite Laundry, Laundry- Coin operated

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Toronto (Malvern) listings, avg age

61d

Price / ft²

$363

List price

$399K

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 3-bed single family in Toronto (Malvern) has been listed for 36 days, which is 25 days fresher than the city average of 61. Act while there is still low competition.

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Listed by THE AGENCY · SULOSAN THANGARAJAH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1B)

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

Carrying it typically needs a household income of about $77,939 (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)

$399,000· $363/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$98/mo

Condo fee$1,455/mo

Total monthly$3,655

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$8,920

Est. closing costs$3,697

Total cash needed$32,567

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