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Listed 15 days ago

207 - 20 Orchid Place Drive

Malvern, Toronto

$389,900

Condo Apartment |
1 | 1 | 0 | 0
About this home

Welcome to 20 Orchid Place Dr #207, Toronto! This beautifully maintained condo is located in one of Scarborough's most sought-after communities, offering the perfect blend of comfort, convenience, and modern living. Since the original purchase, the owner has thoughtfully upgraded the shower area with new tiles, a new shower head, and a new bathtub faucet.The bright, open-concept layout features high ceilings, an abundance of natural light, and a spacious design that is ideal for everyday living. Residents enjoy an impressive selection of building amenities, including an indoor gym, yoga room, recreation room, rentable BBQ stations, a community garden, and one bike locker, with additional bike lockers available through property management.Ideally situated with easy access to Highway 401, this condo is minutes drive to Scarborough Town Centre and is conveniently located near public transit, Centennial College, the University of Toronto Scarborough campus, schools, parks, grocery stores, banks, restaurants, and a wide variety of shops and everyday amenities. The upcoming Sheppard-McCowan TTC Station will further enhance connectivity, making commuting even more convenient. Outdoor enthusiasts will also appreciate being close to Burrows Hall Park, Burrows Hall Library, and the Burrows Hall Community Centre.Whether you're a first-time home buyer, downsizer, or investor, this exceptional condo offers outstanding value in a prime Scarborough location.

Extras

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$332
LockerNone
BalconyOpen
ExposureNorth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$1,763
mls© NumberE13589984
Listed ByCENTURY 21 LEADING EDGE REALTY INC.
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%
$1,996
Property tax
$147
Heat allowance
$150
Condo fees, half counted
$166
Housing costs
$2,458 / mo

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

Down payment20% · $77,980
25-yr amortization

Income needed

$76,000

gross annual household income

Payment at 4%
$1,641 / mo
Cash down
$77,980

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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