20-120 Murison Boulevard, Toronto, ON
Malvern, Toronto · MLS® E13575744
About this home
Welcome to this beautifully renovated corner-unit home offering exceptional convenience, flexibility, and natural light in one of Scarborough's most accessible locations. Location! Location! This property delivers. Situated directly in front of TTC bus stops, commuting is effortless at any hour. Enjoy immediate access to the 132 Milner route to Scarborough Town Centre, the 85 Sheppard East route connecting through Rouge Hill and Don Mills, as well as the 24-hour Blue Night bus service right at your doorstep. St. Florence Catholic Elementary School is within walking distance, parks, shopping, restaurants, and everyday amenities are all nearby, with Walmart just a short 5-minute walk away. Step inside and immediately appreciate the bright and airy feel created by the large surrounding windows that flood the home with natural light throughout the day. This move-in ready home has been thoughtfully updated with modern finishes including brand-new laminate flooring throughout, updated stairs, removal of all carpeting, and sleek new pot lights that elevate the space. The spacious living room features a unique corner nook ideal for study area, or work-from-home setup. The oversized eat-in kitchen offers plenty of room for a large family dining table and is surrounded by sun-filled windows overlooking the front yard, creating the perfect atmosphere for everyday living and entertaining. The standout features of this home is the newly finished main-floor 4th bedroom complete with its own private 3-piece bathroom and walk-out access to the backyard. This versatile space is perfect for in-laws, guests, rental income potential, or a private office/studio setup. Whether you are a growing family, investor, first-time buyer, or multi-generational household, this property offers incredible flexibility and value. A rare opportunity to own a renovated, transit-friendly, move-in ready home in a prime location - welcome home!
Key facts
- Property type
- Condo Townhouse, 3-Storey
- MLS®
- E13575744
- Bedrooms
- 4
- Bathrooms
- 2
- Size
- 1200-1399
- Cross streets
- SHEPPARD AND MILNER
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Finished with Walk-Out
- Heating
- Baseboard
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Maintenance
- $464/mo
- Exposure
- South East
- Property tax
- $3,034 / 2026
- Listing brokerage
- RE/MAX PRESIDENT REALTY
Rooms
vinyl floor · overlooks frontyard · large window
vinyl floor · combined w/living · large window
vinyl floor · overlooks backyard · closet
vinyl floor · combined w/kitchen · overlooks frontyard
tile floor · w/o to yard
vinyl floor · pot lights · large window
vinyl floor · overlooks backyard · closet
vinyl floor · combined w/family · overlooks backyard
Listed at $689,900, this home is right in line with comparable homes. 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 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $638K, a close match.
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 $729K
- Bathrooms −$15K
- Adjusts to $714K
That comparable adjusts to $714K; the $694K estimate above is the median of all 6 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 Lucy Maud Montgomery Public School. 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. Sheppard Ave East at Breckon Gate is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $694K, median of 6 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 17% above the area average of $454/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Malvern, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Sheppard Ave East at Breckon Gate, about 27 m away
Within a 15-minute (1.5 km) walk.
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.
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 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $551,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,945
- Property tax
- $253
- Condo / maintenance fees
- $464
- Heating
- $0
- Estimated monthly cost
- $3,662
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,273
- Toronto municipal land transfer tax
- $10,273
- Estimated closing costs
- $20,546
Plus your down payment of $137,980. 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
- $176,715
- Principal paid down
- $70,287
- Interest paid
- $106,428
- Balance remaining
- $481,633
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PRESIDENT REALTY. MLS®/PropTx.