| CAC Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Parking Included |
Featured
New9 hours ago
412 - 20 Orchid Place Drive
Malvern, Toronto
$399,000
Condo Apartment |
1 + 1 | 1 | 1 | 0
About this home
Exceptional Value****** Daniels Built (2021). This open-concept one-bedroom-plus-den suite (Den can be used as a bedroom) is ideally located in the heart of Scarborough's vibrant community. Perfect for first-time buyers or investors (cash flow positive rental ), it includes One parking space and offers reasonable maintenance fees. Walk to Markham and Sheppard Plaza, Food Basics, Shoppers Drug Mart, restaurants, banks, parks, places of worship and the Chinese Cultural Centre. Conveniently located near schools, a police station and TTC transit, with quick access to Highway 401, Centennial College, the University of Toronto Scarborough Campus and Scarborough Town Centre. *****Images Virtually Staged
Extras
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This seller is holding back offers
Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.
| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $481 |
| Locker | None |
| Balcony | Open |
| Exposure | North |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Other |
| Property Tax | $2,003 |
| mls© Number | E13814232 |
| Listed By | PROPERTY.CA INC. |
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%
- $2,042
- Property tax
- $167
- Heat allowance
- $150
- Condo fees, half counted
- $241
- Housing costs
- $2,600 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $79,800
25-yr amortization
Income needed
$80,000
gross annual household income
- Payment at 4%
- $1,679 / mo
- Cash down
- $79,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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