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314 - 480 Mclevin Avenue
Malvern, Toronto
$509,900
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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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 1200-1399 sq. ft. |
| Maintenance Fees | $898 |
| Locker | Owned |
| Balcony | Open |
| Exposure | North West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $1,603 |
| mls© Number | E13563394 |
| Listed By | RE/MAX ACE REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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