trreb/IMG-E9037709_1.jpg
161 days on Market

58 Verne Cres, Toronto, Ontario M1B 2X1

In the same building:
-
Condo
3 + 2
3
~1200-1399 sqft
$788,800
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Condo
3 + 2
3
~1200-1399 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$610/sqft

Est. Mortgage$3,388/mo

Maintenance fees$375/mo

Tax Amount (2024)$2,005/yr

Days On Market161 days


Description

This beautiful townhouse in Scarborough has undergone significant renovations and is now an income property with 3+2 bedrooms and 3 bathrooms, making it a fantastic option. Located near Markham and Sheppard, the property is ideal for international students. It has been fully renovated from top to bottom, including a fully upgraded kitchen with a quartz countertop, backsplash, and stainless steel appliances. The main floor features laminate floors. Recent upgrades in 2022 include a new roof, siding, doors, and windows. The location is convenient, with close proximity to TTC, parks, grocery stores, schools, and quick access to Highway 401 and Centennial College.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces3
MLS ®NumberE9037709
Community NameMalvern
Data SourceTRREB
Listing byHOMELIFE/CHAMPIONS REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment

2nd Floor

2nd Br

3.44 x 3.54

Laminate / Large Window / Large Closet

3rd Br

3.40 x 2.44

Laminate / Large Window / Large Closet

Br

4.22 x 3.84

Laminate / Large Window / Large Closet


Parking

Garage spaces 1

Garage type Attached

Other parking spaces 2

Total parking spaces 3


1Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by HOMELIFE/CHAMPIONS REALTY INC., 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

34 days

Compared to

2023

21 days

2022

27 days

2021

15 days

New Listings

Past 30 days

76 listings

Compared to

2023

45 listings

2022

32 listings

2021

13 listings

Units sold

Past 30 days

8 units

Compared to

2023

10 units

2022

7 units

2021

23 units

Median Sold Price

Past 30 days

$525,000

Compared to

2023

$609,000

2022

$508,000

2021

$520,000


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