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Listed 2 months ago

402 - 15 Sewells Road

Malvern, Toronto

$365,000

Condo Apartment |
2 | 1 | 1 | 1
About this home

Great Opportunity for First-Time Buyers and Investors! Welcome to 15 Sewells Rd, Unit 402, a bright and spacious 2-bedroom corner suite offering exceptional value, comfort, and convenience. This move-in-ready condo features a functional layout with abundant natural light from its desirable northwest exposure. The expansive open-concept living and dining area is enhanced by new vinyl flooring, creating a warm and inviting space for everyday living and entertaining. Additional upgrades include a renovated bathroom, modern light fixtures, and updated flooring throughout the living/dining areas and bedrooms. Enjoy the convenience of ensuite laundry, an ensuite locker for extra storage, and underground parking. The well-maintained building is ideally located close to TTC transit, Highway 401, schools, parks, churches, and shopping. Just minutes from the University of Toronto Scarborough, Centennial College, Toronto Pan Am Sports Centre, Toronto Zoo, and major commuter routes, this property offers outstanding accessibility and lifestyle appeal. An excellent opportunity to own a turnkey home in a vibrant, well-connected community-perfect for first-time buyers, families, professionals, and investors alike.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$1,013
LockerEnsuite+Exclusive
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,010
mls© NumberE13448358
Listed ByCENTURY 21 INNOVATIVE PINNACLE REAL ESTATE GROUP
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

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%
$1,868
Property tax
$84
Heat allowance
$150
Condo fees, half counted
$506
Housing costs
$2,609 / mo

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

Down payment20% · $73,000
25-yr amortization

Income needed

$80,000

gross annual household income

Payment at 4%
$1,536 / mo
Cash down
$73,000

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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