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Listed 9 days ago

42 - 50 Verne Crescent

Malvern, Toronto

$590,000

Condo Townhouse |
3 | 3 | 2 | 0
About this home

Welcome to this upgraded 3-bedroom, 3-bathroom condo townhouse offering a functional layout, comfortable living space, and added flexibility across multiple levels. The kitchen provides plenty of room for everyday living and features a walkout to the backyard, creating an easy connection to the outdoor space. Three well-sized bedrooms offer room for families, guests, or a home office. The finished basement adds valuable additional living space and offers excellent potential for extended family, a recreation area, or possible rental use. Ideally located close to the University of Toronto Scarborough, Centennial College, public transit, shopping, everyday amenities, and Highway 401. With its finished lower level, private outdoor space, and convenient location, this home represents excellent value and a great opportunity.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$401
LockerNone
BalconyNone
ExposureEast
Parking TypeBuilt-In
Parking Spaces2
Parking FeaturesNone
Property Tax$2,217
mls© NumberE13872630
Listed ByRE/MAX HALLMARK REALTY LTD.
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%
$3,020
Property tax
$185
Heat allowance
$150
Condo fees, half counted
$200
Housing costs
$3,555 / mo

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

Down payment20% · $118,000
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,483 / mo
Cash down
$118,000

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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