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Listed 1 month ago

11 - 60 Orchid Place Drive

Malvern, Toronto

$438,800

Condo Townhouse |
1 | 1 | 0 | 0
About this home

Bright and functional 1 bedroom unit located at Markham Rd & Sheppard Ave E. This sun filled unit features an open-concept living and dining area with large windows, vinyl plank flooring and a modern kitchen with stainless steel appliances. Private outdoor patio perfect for relaxing and bbqs. Convenient location steps to TTC, grocery stores, restaurants, banks, library, community centre and more. Minutes to schools, parks, playgrounds, Hwy 401, Scarborough Town Centre. Perfect for first-time buyers, downsizers, or investors.

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Got questions?

Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeCondo Townhouse
StyleStacked Townhouse
Approx. Age6-10
Size500-599 sq. ft.
Maintenance Fees$342
LockerNone
BalconyTerrace
ExposureEast
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$1,964
mls© NumberE13643794
Listed ByROYAL LEPAGE SIGNATURE REALTY
Water Included
Building Insurance Included
Common Elements 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%
$2,246
Property tax
$164
Heat allowance
$150
Condo fees, half counted
$171
Housing costs
$2,731 / mo

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

Down payment20% · $87,760
25-yr amortization

Income needed

$84,000

gross annual household income

Payment at 4%
$1,847 / mo
Cash down
$87,760

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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