56-1359 Neilson Road, Toronto, ON
Malvern, Toronto · MLS® E13593648
The listing feed is busy, so this is our last saved copy of this listing from Oct 17, 2026, 9:22 p.m.. Price and status may have changed since; refresh in a minute for the live version.
About this home
In short
- This stylish condo townhouse in the Malvern community offers 2 bedrooms and 2 bathrooms, along with both front and back balconies.
- Inside, you'll find hardwood floors throughout, a beautifully updated kitchen, and alarge private patio equipped with a gas hookup-perfect for outdoor enjoyment.
- Public transit is easily accessible with TTC service just stepsaway, and major highways including the 401 and 407 are close by, making commuting simple and convenient.
- 24hours notice required for showing.
This stylish condo townhouse in the Malvern community offers 2 bedrooms and 2 bathrooms, along with both front and back balconies. Locatedin the Sky Lofts Urban Townhouses, the home features a bright, modern design with a generous north-facing layout. It comes with one underground parking spot and an additional locker for storage.Inside, you'll find hardwood floors throughout, a beautifully updated kitchen, and alarge private patio equipped with a gas hookup-perfect for outdoor enjoyment. The property is ideally situated within walking distance ofCatholic and public elementary schools, as well as nearby secondary schools. Public transit is easily accessible with TTC service just stepsaway, and major highways including the 401 and 407 are close by, making commuting simple and convenient. Very lw property taxes and maintenance fee. 24hours notice required for showing.
Key facts
- Property type
- Condo Townhouse, Stacked Townhouse
- MLS®
- E13593648
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700-799 sq ft
- Cross streets
- Neilson Road and McLevin Avenue
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $335/mo
- Exposure
- North
- Property tax
- $1,158 / 2025
- Days on market
- 87
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
4 Pc Ensuite
4 Pc Bath
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readThe 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.
Neighbourhood & location
Malvern, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 19, 2026); conventional rates run a little higher.
Mortgage amount $479,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,654
- Property tax
- $97
- Condo / maintenance fees
- $335
- Heating
- $0
- Estimated monthly cost
- $3,085
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,475
- Toronto municipal land transfer tax
- $8,475
- Estimated closing costs
- $16,950
Plus your down payment of $120,000. 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
- $159,240
- Principal paid down
- $58,647
- Interest paid
- $100,593
- Balance remaining
- $421,352
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 ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.