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314 - 480 Mclevin Avenue
Malvern, Toronto
$499,000
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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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 1200-1399 sq. ft. |
| Maintenance Fees | $951 |
| Locker | Owned |
| Balcony | Open |
| Exposure | North West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $1,604 |
| mls© Number | E13671162 |
| Listed By | RE/MAX PREMIER INC. |
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%
- $2,554
- 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.
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 checkInvestment Analysis
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