4-50 Silverbell Grove, Toronto, ON
Malvern, Toronto · MLS® E13600148
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®
- E13600148
- 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
- $1,895 / 2026
- Listing brokerage
- HOMELIFE LANDMARK REALTY INC.
Rooms
quartz counter · tile floor · window
closet · laminate · window
walk-out · laminate
closet · laminate · window
closet · laminate · window
combined w/dining · laminate · window
Listed at $709,000, and my independent estimate is about 22% above what comparable homes suggest.
In Malvern lately, sellers get about 101% of asking; homes sell in ~28 days · prices down 17% YoY.
Total price vs nearby homes. Fair value about $581K, median of 89 comparables.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version
I take the 89 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), 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, and the city (MPAC) assessment points to about $450K, lower than the comparables and worth a second look.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- 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.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Silver Bell Grove is about a 1-minute walk away.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Malvern, so I widened the search to the surrounding area.
Based on 89 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 18% above the area average of $547/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
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 OpenStreetMap contributors.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Silver Bell Grove, about 17 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 23, 2026); conventional rates run a little higher.
Mortgage amount $567,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,027
- Property tax
- $158
- Condo / maintenance fees
- $522
- Heating
- $0
- Estimated monthly cost
- $3,707
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,655
- Toronto municipal land transfer tax
- $10,655
- Estimated closing costs
- $21,310
Plus your down payment of $141,800. 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
- $181,607
- Principal paid down
- $72,233
- Interest paid
- $109,374
- Balance remaining
- $494,967
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 HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.