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Price Change$559,000

314 - 480 Mclevin Avenue

Malvern, Toronto

$509,900

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

Rare Corner Penthouse in the most sought-after building in the Mayfair community, offering panoramic views, sunrise and sunset exposure, and complete privacy. Over 1,200+ sq. ft. of bright, spacious living with laminate flooring. Features a large kitchen with tall windows, Maintenance fees include Heating, A/C, and Water. Located in a Gated Community with 24-hour security and resort-style amenities: gym, indoor heated pool, sauna, jacuzzi, tennis court, and ample green space for BBQs and evening walks. Prime location close to schools, UofT, library, community centre, and places of worship. Steps to Shoppers Drug Mart, No Frills, and Freshland. TTC at doorstep and just minutes to Hwy 401. Perfect for those seeking size and safety!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$898
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,603
mls© NumberE13563394
Listed ByRE/MAX ACE REALTY INC.
Heat Included
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%
$2,610
Property tax
$134
Heat allowance
$150
Condo fees, half counted
$449
Housing costs
$3,343 / mo

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

Down payment20% · $101,980
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$2,146 / mo
Cash down
$101,980

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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