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Listed 3 months ago

7G - 8 Rosebank Drive

Malvern, Toronto

$440,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Experience modern luxury in this meticulously NEWLY renovated 1+1 bedroom suite, perfectly situated for urban convenience. Den has a separation wall & Door. This bright, open-concept floor plan has been completely refreshed with NEW flooring, NEW designer lighting fixtures, and NEW fresh professional paint in every room. The gourmet kitchen features a stylish NEW backsplash and NEW stainless-steel appliances, including a NEW dishwasher and NEW ensuite laundry washer & dryer. The spa-like bathroom serves as a private retreat with a NEW vanity, NEW smart mirror, and NEW premium shower fixtures. Residents enjoy building amenities like a gym and 24-hour concierge. Ideally located for commuters and students, this home is steps from the TTC, minutes to Hwy 401, and close to Scarborough Town Centre, Centennial College, and UofT Scarborough. This turnkey property offers a contemporary lifestyle in a vibrant, highly accessible neighborhood.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size700-799 sq. ft.
Maintenance Fees$557
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,840
mls© NumberE13214948
Listed ByROYAL LEPAGE IGNITE REALTY
Heat Included
Common Elements Included
Building Insurance Included
Water Included
Parking Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,252
Property tax
$153
Heat allowance
$150
Condo fees, half counted
$279
Housing costs
$2,834 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $88,000
25-yr amortization

Income needed

$87,000

gross annual household income

Payment at 4%
$1,852 / mo
Cash down
$88,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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