8 Rosebank Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Malvern. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $489,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-799 sqft
- 2.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience stylish urban living at the prestigious Markham Place Condominiums! This beautifully updated and impeccably maintained corner two bedroom suite features a bright, spacious interior with a highly functional split-bedroom layout for optimal privacy and comfort. The open-concept living, dining, and kitchen create an inviting flow - perfect for everyday living and entertaining. An outstanding bonus, this condo provides exceptional convenience with two rare, dedicated parking spots. New vinyl flooring adds a modern touch throughout. Enjoy low maintenance fees and an array of upscale amenities, including 24-hour concierge, a state-of-the-art fitness centre, guest suites, party rooms, a BBQ area, and ample visitor parking. Perfectly located, this home is a commuter's dream. You're steps from the TTC, minutes to Hwy 401, and close to the GO Station. It's also one block away from the future Scarborough Subway Extension, ensuring incredible long-term value. Enjoy the convenience of being near top-rated schools, parks, places of worship, shopping at Scarborough Town Centre, Centennial College and the University of Toronto Scarborough. Whether you're a first-time buyer, downsizer, or savvy investor, this move-in-ready gem - with two parking spaces-is an opportunity you simply don't want to miss.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, School, Public Transit, Place Of Worship
Interior Features
Carpet Free
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8 Rosebank Drive 2E, Toronto E11, ON M1B 5Z3
Based on 0 recent similar sales in the pocket.
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 $489,000 in Toronto, the legal minimum down payment is $24,450 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 $6,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,255 also applies, bringing the total estimated land transfer taxes to $12,510.
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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.
