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Listed 19 days ago

1101 - 410 Mclevin Avenue

Malvern, Toronto

$499,000

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

Welcome To This Beautiful 2 Bedroom Unit With Private Balcony In Scarborough! Comes With Underground Parking And A Locker/Storage! This Well Kept Unit Have Been Renovated Over The Years & Freshly Painted, Clean Appliances, And Updated Flooring. Enjoy Your Summers Out On This Private Terrace & Private Balcony, Monitored Security Services Allowing Easy Entry For Your Guests. 24-Hour Gated Security And Access To Excellent Recreational Facilities For Ultimate Comfort And Peace Of Mind. Walking Distance To The Grocery Store, Malls, Banks, Restaurants, Malvern Library And Recreation Centre And So Much More! 2 Mins To The 401! Just Steps To TTC. A Rare Opportunity In A High-Demand Location With Two Bedrooms & Two Washrooms Condo.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$912
LockerOwned
BalconyEnclosed
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,365
mls© NumberE13737068
Listed ByHOMELIFE/FUTURE REALTY INC.
Heat Included
Water Included
Common Elements 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
$114
Heat allowance
$150
Condo fees, half counted
$456
Housing costs
$3,274 / mo

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

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

Income needed

$101,000

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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