20 Orchid Place Drive, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Malvern. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,200 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Intercom
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 20 Orchid Place Drive, Unit 209, a boutique condominium located near the Markham Sheppard intersection with easy access to Highway 401, making it convenient for commuting to Toronto and the GTA. This one-bedroom condo, part of a charming community with amenities such as an indoor gym, recreation room, BBQ stations, and a community garden, features luxury vinyl flooring, new appliances (refrigerator, dishwasher, glass cooktop oven, washer-dryer), a cozy balcony, and one underground parking spot near the elevator. The unit boasts a modern, airy design with ample natural light, a picturesque bedroom window, an oversized washroom, and an open-concept kitchen flowing into the dining and living area with 9-foot ceilings. Situated near Highway 401, Scarborough Town Centre, public transit, Centennial College, and the University of Toronto campus, with numerous stores and shops nearby, this condo is ideal for bachelors or young couples starting a family. *For Additional Property Details Click The Brochure Icon Below*
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Pricing & Value Insights
Data-driven valuation for 20 Orchid Place Drive 209, Toronto E11, ON M1B 0E1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,200 in Toronto, the legal minimum down payment is $110 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 $11 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11 also applies, bringing the total estimated land transfer taxes to $22.
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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.
