32-165 Tapscott Road, Toronto, ON
Malvern, Toronto · MLS® E13059676
About this home
In short
- Modern townhome located in the desirable Malvern community at Tapscott Rd and McLevin Ave.
- This well-designed residence features an open-concept living and dining area, a bright contemporary kitchen with stainless steel appliances, and two comfortable bedrooms.
- Conveniently located close to shopping, parks, schools, public transit, and nearby post-secondary institutions including University of Toronto Scarborough and...
Modern townhome located in the desirable Malvern community at Tapscott Rd and McLevin Ave. This well-designed residence features an open-concept living and dining area, a bright contemporary kitchen with stainless steel appliances, and two comfortable bedrooms. Enjoy outdoor living with a private terrace and a spacious rooftop terrace, ideal for relaxation or entertaining. Includes one designated parking space and bicycle parking. Conveniently located close to shopping, parks, schools, public transit, and nearby post-secondary institutions including University of Toronto Scarborough and Centennial College. A great option for buyers seeking a balanced urban lifestyle with outdoor space.
Key facts
- Property type
- Condo Townhouse, Stacked Townhouse
- MLS®
- E13059676
- Bedrooms
- 2
- Bathrooms
- 2 (1 half)
- Size
- 900-999 sq ft
- Cross streets
- TAPSCOTT AND MCLEVIN
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $327/mo
- Exposure
- South
- Days on market
- 173
- Listing brokerage
- COLDWELL BANKER THE REAL ESTATE CENTRE
Rooms
Broadloom
Broadloom
Stainless Steel Appl
Laminate
Listed at $565,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $551K, typically $519K to $596K. Comparable closings on their own put this home around $464K, about 18% below the ask.
Longer on the market than typical. 173 days on the market against about 45 for homes like it here, and asking 22% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $551K, from 14 recent closings in this pocket.
The market behind the math:
About 3.6 months of inventory: 17 condo townhouse homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $595/sqft against an area asking average of $564/sqft.
How this estimate is builtthe short version
I take the 14 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
The assigned public school is Lester B Pearson Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($595/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 14 homes sold in this building over the past two years, from 137 closings in Malvern.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $528/sqft; this home lists at $595/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $702K | 150 |
| November 2025 | $709K | 130 |
| December 2025 | $705K | 63 |
| January 2026 | $695K | 77 |
| February 2026 | $728K | 104 |
| March 2026 | $715K | 121 |
| April 2026 | $711K | 147 |
| May 2026 | $726K | 131 |
| June 2026 | $706K | 132 |
| July 2026 | $683K | 156 |
| August 2026 | $669K | 116 |
| September 2026 | $684K | 98 |
Neighbourhood & location
Malvern, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $452,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,499
- Estimated property tax
- $353
- Condo / maintenance fees
- $327
- Heating
- $0
- Estimated monthly cost
- $3,179
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,775
- Toronto municipal land transfer tax
- $7,775
- Estimated closing costs
- $15,550
Plus your down payment of $113,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $149,951
- Principal paid down
- $55,226
- Interest paid
- $94,725
- Balance remaining
- $396,774
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 44 whole-home leases in Malvern signed at a median of $2,256 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,308. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE. MLS®/PropTx.