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Listed 27 days ago

14 - 70 Orchid Place Drive

Malvern, Toronto

$448,888

Condo Townhouse |
1 | 1 | 0 | 0
About this home

Location truly sets this home apart. Bright and well-designed 1 bedroom corner townhouse in the Daniels First Home community, ideally located near Markham Rd & Sheppard Ave E. This sun filled unit features an open-concept living and dining area with large windows, a modern chef inspired kitchen with stainless steel appliances, and convenient ensuite laundry. The spacious bedroom offers a large closet and oversized window, providing plenty of natural light throughout. Enjoy your own private outdoor patio perfect for relaxing or entertaining. Situated in a highly convenient location within walking distance to TTC, library, grocery stores, restaurants, and everyday amenities. Close to schools, parks, playgrounds, community centre, and places of worship, with easy access to Hwy 401. Building amenities include a gym, exercise room, party room, and kids' play area. A great opportunity for first-time buyers, downsizers, or investors.

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Townhouse
StyleStacked Townhouse
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$342
LockerNone
BalconyOpen
ExposureEast
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,059
mls© NumberE13543594
Listed ByCENTURY 21 LEADING EDGE REALTY INC.
Water Included
Common Elements Included
Building Insurance 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%
$2,298
Property tax
$172
Heat allowance
$150
Condo fees, half counted
$171
Housing costs
$2,790 / mo

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

Down payment20% · $89,778
25-yr amortization

Income needed

$86,000

gross annual household income

Payment at 4%
$1,889 / mo
Cash down
$89,778

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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