4-50 Silverbell Grove, Toronto, ON

Malvern, Toronto · MLS® E13454880

$745,000
For Sale
Listed 30 days ago
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3Bedrooms
3Bathrooms
1Garage · 2 parking
1000-1199Sq Ft

About this home

Welcome to this beautifully renovated townhouse in a desirable Scarborough community! This stunning 3-bedroom, 3-bathroom home has been fully renovated from top to bottom with modern finishes and has never been lived in since completion.The bright and spacious main level features a thoughtfully updated kitchen equipped with brand new stainless steel appliances,ample cabinetry, and a functional layout perfect for both everyday living and entertaining.Stylish new zebra blinds have been installed throughout, adding a contemporary touch and enhanced privacy.Upstairs, you'll find three generously sized bedrooms, including a comfortable primary retreat, along with well-appointed bathrooms designed with quality finishes. The fully finished walkout basement provides additional living space with direct outdoor access -ideal for a family room, home office or man cave. Additional highlights include a porch enclosure scheduled to be completed prior to closing, ensuring added comfort and curb appeal. Located close to schools, parks, transit, and amenities, this home offers both convenience and modern living at its finest.A must-see property that perfectly blend of style, comfort, and functionality! Brand new washer and dryer.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
E13454880
Bedrooms
3
Bathrooms
3 (1 half)
Size
1000-1199
Cross streets
Neilson Rd/Sheppard Ave E
Parking
1 garage · 2 parking (built-in)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$522/mo
Exposure
North West
Property tax
$1,810 / 2025
Days on market
30
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Bedroom 3Second3.42 × 2.41 m

closet · laminate · window

KitchenMain4.02 × 2.54 m

quartz counter · tile floor · window

Bedroom 2Second3.66 × 2.46 m

closet · laminate · window

Living RoomMain5.20 × 3.35 m

combined w/dining · laminate · window

RecreationBasement5.25 × 3.50 m

walk-out · laminate

Primary BedroomSecond3.81 × 2.78 m

closet · laminate · window

Moe’s TakeTeam Asgarian · Broker
Above comparables
$599Kest. value

Listed at $745,000, this home is about 24% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Malvern, so I widened the search to the surrounding area.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $529K, a bit lower. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $699K
  • Bathrooms +$15K
  • Adjusts to $714K

That comparable adjusts to $714K; the $599K estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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.

On location, this is a very walkable address with everyday errands close by. Neilson Rd at Silverbell Grove is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$396KGreat deal$745KOverpriced

Total price vs nearby homes. Fair value about $599K, median of 5 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Walk-out basement: natural light and strong in-law or income potential.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
Comparable listingsCurrently listed nearby in Malvern · asking prices
$583kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

62 Verne Crescent$749k207-1775 Markham Road$499k106-1795 Markham Road$500k

The 3 closest active listings nearby.

See all comparable homes
745kThis home749k499k500kThis home vs active comparables
Live market pulseActive comparables in Malvern · median list $549K
$678this home / sqft
34active listings nearby
30days on market

This home lists 26% above the area average of $537/sqft.

26 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Malvern, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

78/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Neilson Rd at Silverbell Grove, about 17 m away

20+ transit stops5 grocery20+ dining19 parks9 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Morningside
$591K
L'Amoreaux
$600K
Victoria Village
$782K
Hillcrest Village
$677K
Don Valley Village
$720K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Grey Owl Junior Public School
54%
Grey Owl Junior Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 54% meet the provincial standard
Dr Marion Hilliard Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$3,395/mo
$147KIncome needed
5.1×Price ÷ income
$784Weekly cost
20% down4.79%25-yr amortization

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.

83%mortgage
Mortgage $3,395Property tax $151Condo fee $522Total carry $4,068

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,180per month

Mortgage amount $596,000 · 4.14% over 25 years

$149,000Down payment (20.0%)
$596,000Loan before insurance
$0CMHC premium
$3,853Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,180
Property tax
$151
Condo / maintenance fees
$522
Heating
$0
Estimated monthly cost
$3,853

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$11,375
Toronto municipal land transfer tax
$11,375
Estimated closing costs
$22,750

Plus your down payment of $149,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,863/monthPayment at the qualifying rate

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

$358,143Total interest paid
$954,143Total of all payments
Principal $596,000 Interest $358,143
YearPrincipalInterestBalance
1$13,962$24,204$582,038
2$14,546$23,619$567,492
3$15,155$23,011$552,337
4$15,789$22,377$536,548
5$16,449$21,717$520,099
6$17,137$21,029$502,962
7$17,854$20,312$485,108
8$18,601$19,565$466,508
9$19,379$18,787$447,129
10$20,189$17,976$426,940
11$21,034$17,132$405,906
12$21,914$16,252$383,992
13$22,830$15,336$361,162
14$23,785$14,381$337,377
15$24,780$13,386$312,597
16$25,817$12,349$286,781
17$26,896$11,269$259,884
18$28,021$10,144$231,863
19$29,194$8,972$202,669
20$30,415$7,751$172,255
21$31,687$6,479$140,568
22$33,012$5,153$107,555
23$34,393$3,773$73,162
24$35,832$2,334$37,331
25$37,331$835$0

At the end of your 5-year term

Total paid over the term
$190,829
Principal paid down
$75,901
Interest paid
$114,928
Balance remaining
$520,099

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.

Let's connect

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

Rental yield
Estimate$3,400/mo
$40,800Gross annual rent
3.7%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.5%
Gross yield
− Property tax $1,810− Condo fees $6,264− Insurance $600− Vacancy & upkeep $4,488Net operating income $27,638

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.

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