94 days on Market

50 Orchid Place Dr #8, Toronto, Ontario M1B 0C4

In the same building:
-
Condo
2
2
~800-899 sqft
$657,000
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Condo
2
2
~800-899 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$776/sqft

Est. Mortgage$2,822/mo

Maintenance fees$396/mo

Tax Amount (2024)$2,332/yr

Days On Market94 days


Description

A Buyer's Delight! Newly built 2 Bed 2 Bath Condo Townhouse with Parking in a Highly Sought After Location! Mins To Hwy 401/STC, Close To Centennial College, Elementary schools, Parks, Public Transit, Walk To Shops & Grocery. NO carpet - Open concept living - Nothing To Do But Move In & Enjoy!.


Property Details

StyleStacked Townhse
View-
Age of property0-5
SqFt~800-899 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberE9365715
Community NameMalvern
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Living

3.12 x 4.52

Laminate / Combined W/Dining / Open Concept

Dining

2.56 x 1.44

Laminate / Combined W/Kitchen

Kitchen

2.56 x 1.44

Laminate / Combined W/Dining

Prim Bdrm

4.47 x 2.66

Laminate / W/I Closet / 3 Pc Ensuite


Features

Patio: Terr
Balcony: Terr

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


1Story
Amenities

Exercise Room, Gym, Party/Meeting Room, Recreation Room, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by RIGHT AT HOME REALTY, Brokerage

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Market Data - Malvern

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

33 days

Compared to

2023

16 days

2022

33 days

2021

14 days

New Listings

Past 30 days

74 listings

Compared to

2023

45 listings

2022

31 listings

2021

7 listings

Units sold

Past 30 days

8 units

Compared to

2023

10 units

2022

7 units

2021

24 units

Median Sold Price

Past 30 days

$555,000

Compared to

2023

$537,500

2022

$510,000

2021

$525,000


Population and Demographics

Overview

Total population 36648
Average household income $104,061

Age (%)

20 to 34
23%
0 to 19
22%
50 to 64
20%
35 to 49
18%
65 and plus
17%

Household composition (%)

Single family
71%
Single person
21%
Multi person
6%
Multi family
2%

Mother tongue (%)

English
52%
Tamil
12%
Tagalog (Pilipino, Filipino)
7%
Urdu
5%
Yue (Cantonese)
4%
Gujarati
3%
Mandarin
2%
Punjabi (Panjabi)
2%
Bengali
2%
Others
1%

House tenancy (%)

Owners
71%
Renters
29%

Schools and amenities

Estimated Budget