2 hours on Market

50 Verne Cres #42, Toronto, Ontario M1B 2X1

In the same building:
-
Condo
3
3
~1000-1199 sqft
$590,000
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Condo
3
3
~1000-1199 sqft

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Highlights

Property Estimate

Days on market2 hours

Estimated valueNot available

Price/Sqft$541/sqft

Monthly cost

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Description

Welcome to this upgraded 3-bedroom, 3-bathroom condo townhouse offering a functional layout, comfortable living space, and added flexibility across multiple levels. The kitchen provides plenty of room for everyday living and features a walkout to the backyard, creating an easy connection to the outdoor space. Three well-sized bedrooms offer room for families, guests, or a home office. The finished basement adds valuable additional living space and offers excellent potential for extended family, a recreation area, or possible rental use. Ideally located close to the University of Toronto Scarborough, Centennial College, public transit, shopping, everyday amenities, and Highway 401. With its finished lower level, private outdoor space, and convenient location, this home represents excellent value and a great opportunity.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberE13872630
Community NameMalvern
Data SourceTRREB
Listing byRE/MAX HALLMARK REALTY LTD.

Features

Heating: Baseboard
Basement: Finished

Main Floor

Living

6.56 x 2.99

Window / hardwood floor

Kitchen

3.28 x 2.5

Tile Floor / Combined W/Dining

Dining

2.33 x 2.41

Tile Floor / Combined W/Kitchen / Walk-Out


Parking

Garage spaces 1

Garage type Built-In

Other parking spaces 1

Total parking spaces 2


1Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Oct 7, 2026
ListedActive
$590,000
2 hours on market
history photo preview46
Listing by trreb®
Property listed by RE/MAX HALLMARK REALTY LTD., Brokerage
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Market Data - Malvern

Geo Zone Map ThumbnailMalvern

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

65 days

Compared to

2025

44 days

2024

30 days

2023

24 days

New Listings

Past 30 days

46 listings

Compared to

2025

44 listings

2024

46 listings

2023

41 listings

Units sold

Past 30 days

5 units

Compared to

2025

12 units

2024

13 units

2023

15 units

Median Sold Price

Past 30 days

$480,000

Compared to

2025

$512,500

2024

$550,000

2023

$610,000


Population and Demographics

Overview

Total population 36648
Average household income $104,061

Age (%)

0 to 19
22%
20 to 34
23%
35 to 49
18%
50 to 64
20%
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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget