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Price Change$498,000

21 - 155 Tapscott Road

Malvern, Toronto

$450,000

Condo Townhouse |
2 | 1 | 1 | 1
About this home

Never rented. Never tenanted. This 2-bedroom, 1-bathroom condo townhouse was purchased directly from the builder and has never had anyone live in it - making this a rare chance to move into a brand new unit without buying pre-construction.Everything inside remains in original, untouched condition - granite countertops, stainless steel appliances, quality cabinetry, and an open-concept layout ready for you to make your own. Step outside to a private sunken patio, an outdoor feature that sets this unit apart from the rest of the building.Both bedrooms are well-sized with generous closet space. One parking space and a storage locker are included.Minutes to Highway 401, Scarborough Town Centre, UofT Scarborough, and Centennial College. Transit at your doorstep.A move-in ready unit in like-new condition - without the wait of a pre-construction closing.

Extras

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agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
Style1 Storey/Apt
Approx. Age0-5
Size700-799 sq. ft.
Maintenance Fees$274
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesPrivate, Surface
Property Tax$2,662
mls© NumberE13417812
Listed ByRE/MAX EXCEL REALTY LTD.
Building Insurance Included
Parking Included
Common Elements 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%
$2,303
Property tax
$222
Heat allowance
$150
Condo fees, half counted
$137
Housing costs
$2,812 / mo

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

Down payment20% · $90,000
25-yr amortization

Income needed

$87,000

gross annual household income

Payment at 4%
$1,894 / mo
Cash down
$90,000

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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