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Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Malvern. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,000 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.
Condo townhouse in a prime Scarborough location! Beautifully updated 2 + 1 bedrooms, 1.5 bathrooms, two-storey condo townhouse with fresh paint, new flooring and LED lighting throughout. Features include in-suite laundry, two underground parking spaces with direct basement access, and a bright open-concept layout. Superb location: just steps to TTC and transit hubs, minutes to Highway 401, the vibrant Scarborough Town Centre , and the Centennial College & University of Toronto Scarborough campus - perfect for students, faculty or families alike. Walk to parks like Thomson Memorial Park (with tennis courts, fields and green space) and cultural spots such as Guild Park and Gardens (unique outdoor ambiance on the Bluffs) . Just a short ride to shopping, dining and recreation: restaurants, cafés, a movie theatre and events right at Scarborough Town Centre. You'll find day-to-day convenience at your doorstep - grocery stores, banking, fitness centres and community services are all easily accessible. The neighbourhood is safe and family-friendly, ideal for first-time home-buyers, down sizers or investors seeking a move-in-ready home in a high-demand corridor.
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Data-driven valuation for 29 Rosebank Drive 102, Toronto E11, ON M1B 5Y7
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 $599,000 in Toronto, the legal minimum down payment is $34,900 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 $8,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,455 also applies, bringing the total estimated land transfer taxes to $16,910.
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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.