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Malvern, Toronto
$1,288,800
Welcome to this newly renovated Turn Key detached home located in a family friendly neighbourhood offering exceptional space and functionality perfect for big families! This home features a massive master bedroom with a 5 piece ensuite and has an extra space which can be created into a baby room, library or office room! The home comes with a LEGAL basement apartment with a separate entrance ideal for multi-generational living or buyers looking for rental income. The basement has a rare 3 bed 2 full bathroom apartment which can bring much more rental income than the average basement! NEW Furnace, A/C, Hot water tank and Roof! Enjoy a large backyard perfect for family gatherings, entertaining, or outdoor relaxation. Conveniently located just minutes from Highway 401, steps to the TTC bus public transit stop, Amazon warehouse and Canada post distribution centre! The local schools are all within walking distance which include Mary Shadd Public School, Sacred Heart Catholic School, and Lester B. Pearson Collegiate Institute, St.Mother Teresa Catholic Academy, as well as the University of Toronto Scarborough campus & Centennial college. Nearby amenities include a popular plaza at Morningside and finch, Toronto Zoo, parks, trails, Walmart, restaurants, grocery stores, and more. This is a move in ready home that offers ample living space at an unbeatable price in an unbeatable location!!!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $5,203 |
| Lot Size | 36.08 ft x 104.98 ft |
| mls© Number | E13065132 |
| Listed By | ROYAL LEPAGE IGNITE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,597
- Property tax
- $434
- Heat allowance
- $150
- Housing costs
- $7,180 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$221,000
gross annual household income
- Payment at 4%
- $5,423 / mo
- Cash down
- $257,760
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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