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New2 days ago

122 Parsell Square

Malvern, Toronto

$798,000

Detached|Bungalow
3 | 3 | 4
About this home

Welcome to a rare find nestled in the heart of Scarborough's established Malvern community. Set on an impressive 45 x 120 ft. lot, this well-maintained bungalow offers the space, versatility and potential to grow with you. The thoughtfully designed, flexible layout, features 3 bedrooms on the main floor, plus 2+1 additional bedrooms in the lower level, making it an ideal fit for first-time buyers, growing or multigenerational families or investors alike, seeking additional living space and income potential. Beyond the home, a private backyard oasis awaits, beautifully framed by established perennial gardens. Whether you're entertaining, gardening or simply enjoying a quiet moment outdoors, this generous green space offers a peaceful retreat in the city. Conveniently located minutes from University of Toronto Scarborough, Centennial College, Hwy 401, major transit, schools, parks, shopping and amenities, this home offers both everyday convenience and long-term opportunity. More than a house, it's a foundation for what's next - a place to live, grow and invest in a well-established community.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$1,916
Lot Size45 ft x 122 ft
mls© NumberE13787318
Listed ByWE REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,085
Property tax
$160
Heat allowance
$150
Housing costs
$4,394 / mo

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

Down payment20% · $159,600
25-yr amortization

Income needed

$135,000

gross annual household income

Payment at 4%
$3,358 / mo
Cash down
$159,600

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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