Welcome to this remarkable 1 Storey/Apt condo townhouse located in the coveted neighborhood of Malvern. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $498,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Never rented. Never tenanted. This 2-bedroom, 1-bathroom condo townhouse was purchased directly from the builder and has never had anyone live in it - making this a rare chance to move into a brand new unit without buying pre-construction.Everything inside remains in original, untouched condition - granite countertops, stainless steel appliances, quality cabinetry, and an open-concept layout ready for you to make your own. Step outside to a private sunken patio, an outdoor feature that sets this unit apart from the rest of the building.Both bedrooms are well-sized with generous closet space. One parking space and a storage locker are included.Minutes to Highway 401, Scarborough Town Centre, UofT Scarborough, and Centennial College. Transit at your doorstep.A move-in ready unit in like-new condition - without the wait of a pre-construction closing.
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Data-driven valuation for 155 Tapscott Road 21, Toronto E11, ON M1B 0E8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $498,000 in Toronto, the legal minimum down payment is $24,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,435 also applies, bringing the total estimated land transfer taxes to $12,870.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.