8-60 Orchid Place, Toronto, ON
Malvern, Toronto · MLS® E13578926
About this home
Welcome to this bright and beautiful 2-bedroom, 2-bathroom stacked townhome located in the heart of Malvern, Toronto. Situated on the main level, this home offers convenient, easy-access living. The open-concept layout seamlessly connects the living and dining areas, creating a spacious and inviting atmosphere. A modern kitchen features stainless steel appliances, a sleek backsplash, and plenty of storage. The primary bedroom boasts a walk-in closet and a private ensuite bathroom for added comfort. The second bedroom is perfect for guests, a home office, or growing families. Step outside to your private terrace, ideal for morning coffee or evening gatherings. Located close to plazas, parks, schools, TTC, libraries, banks, and restaurants, this home offers ultimate urban convenience. With quick access to Highway 401, Scarborough Town Centre, the GO Terminal, U of T Scarborough, and Centennial College, commuting is a breeze. Don't miss your chance to own this stylish and move-in-ready home in a thriving community!
Key facts
- Property type
- Condo Townhouse, Stacked Townhouse
- MLS®
- E13578926
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700-799
- Cross streets
- Sheppard Ave / Markham Rd
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Exposure
- West
- Listing brokerage
- RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Rooms
broadloom · 3 pc ensuite · walk-in closet(s)
laminate · stainless steel appl · open concept
laminate · overlooks dining · formal rm
broadloom · walk-in closet(s) · window
Listed at $2,500/mo, this rental is tracking about 4% above a wider set of rentals, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 12 similar rentals nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths.
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 $2,300/mo
- Bathrooms +$100/mo
- Adjusts to $2,400/mo
That comparable adjusts to $2,400/mo; the $2,398/mo estimate above is the median of all 12 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.
Its public catchment (Burrows Hall Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $2,398/mo, median of 12 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.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Lifestyle
- 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 7 active listings nearby.
See all comparable homesNot enough sq ft data to place this home on the area price curve.
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: Progress Ave at Sheppard Ave East South Side, about 148 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 $2,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11
- Property tax
- $2
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13
- Toronto municipal land transfer tax
- $13
- Estimated closing costs
- $25
Plus your down payment of $500. 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
- $640
- Principal paid down
- $255
- Interest paid
- $386
- Balance remaining
- $1,745
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK FIRST GROUP REALTY LTD.. MLS®/PropTx.