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Listed 19 days ago

314 - 480 Mclevin Avenue

Malvern, Toronto

$499,000

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

Bright and Spacious 2-bedroom, 2-bathroom condo in the desirable Mayfair on the Green IV community in Malvern. This well-designed suite offers a comfortable layout with generous living and dining areas, good-sized bedrooms, ample storage, and a private balcony. The primary bedroom features excellent closet space and a convenient ensuite bathroom.Enjoy an impressive selection of building amenities, including an indoor swimming pool, gym, sauna, hot tub, tennis courts, party room, and 24-hour gated security. The well-maintained community is surrounded by beautifully landscaped green space.Ideally located close to TTC, schools, shopping, library, community centre, medical facilities, University of Toronto Scarborough, Centennial College, and Highway 401. A great opportunity for first-time buyers, downsizers, families, or investors looking for a well-connected home in Malvern.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$951
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,604
mls© NumberE13671162
Listed ByRE/MAX PREMIER INC.
Heat Included
Water 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%
$2,554
Property tax
$134
Heat allowance
$150
Condo fees, half counted
$476
Housing costs
$3,313 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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