11-235 McLevin Avenue, Toronto, ON

Malvern, Toronto · MLS® E13666940

$588,888
For Sale
Listed 68 days agoNo offer date statedSitting longer than typical
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3Bedrooms
1Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Welcome to this stunning Fully Renovated, Updated & Refreshed by the builder in August 2026, Fully Owned HVAC System(Furnace, AC, Hot water Tank & Air Handler).
  • This 2024-built Ground level Condo Townhouse with very Low Maintenance is in the family-friendly & highly sought-after Malvern community in Toronto.
  • The home is bright, spacious, East West facing sun-filled & beautifully maintained home and offers approx 919 sq. ft. of stylish, carpet-free living with 3 generously...
  • Excellent TTC & GO Transit options plus quick access to Hwy 401 making commuting across the GTA a breeze.
  • 2024 BUILT, BUILDER-RENOVATED IN 2026, 3 BEDROOMS, FULLY OWNED HVAC SYSTEM(FURNACE, AC, HOT WATER TANK & AIR HANDLER), NO RENTAL EQUIPMENTS, PRIVATE FENCED PATIO...

Welcome to this stunning Fully Renovated, Updated & Refreshed by the builder in August 2026, Fully Owned HVAC System(Furnace, AC, Hot water Tank & Air Handler). This 2024-built Ground level Condo Townhouse with very Low Maintenance is in the family-friendly & highly sought-after Malvern community in Toronto. The home is bright, spacious, East West facing sun-filled & beautifully maintained home and offers approx 919 sq. ft. of stylish, carpet-free living with 3 generously sized bedrooms, A rare find. Step inside to a fresh, modern interior featuring a chef-inspired eat-in kitchen with sleek quartz countertops, updated cabinetry & hardware, stylish backsplash and BRAND-NEW stainless steel appliances. Walk out directly from the Living Room to your private, fully fenced patio, your own outdoor retreat, perfect for morning coffee, summer BBQs, entertaining or simply unwinding. Freshly painted throughout with convenient ensuite laundry, this home is truly TURNKEY & MOVE-IN READY. Walking distance to Malvern Town Centre and enjoy easy access to Scarborough Town Centre, schools, parks, playgrounds, recreation & community centers, fitness facilities, hospitals and healthcare services. Excellent TTC & GO Transit options plus quick access to Hwy 401 making commuting across the GTA a breeze. Minutes to Centennial College & University of Toronto Scarborough Campus. Perfect for first-time buyers, young families or savvy investors looking for a modern, low-maintenance home in a well connected Toronto community. 2024 BUILT, BUILDER-RENOVATED IN 2026, 3 BEDROOMS, FULLY OWNED HVAC SYSTEM(FURNACE, AC, HOT WATER TANK & AIR HANDLER), NO RENTAL EQUIPMENTS, PRIVATE FENCED PATIO, BRAND-NEW APPLIANCES, PRIME LOCATION, LIFESTYLE & CONVENIENCE-IT'S ALL HERE. Simply move in, unpack & LOVE WHERE YOU LIVE.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
E13666940
Bedrooms
3
Bathrooms
1
Size
900-999 sq ft
Cross streets
MCLEVIN/TAPSCOTT RD
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$280/mo
Exposure
East
Property tax
$2,778 / 2026
Days on market
68
Listing brokerage
SUTTON GROUP REALTY SYSTEMS INC.

Rooms

Dining RoomFlat1.59 × 3.89 m

vinyl floor · combined w/living · large window

LaundryFlat2.19 × 1.49 m

ceramic floor · separate room · stainless steel appl

Bedroom 3Flat3.29 × 2.49 m

vinyl floor · large window · double closet

Living RoomFlat4.49 × 3.89 m

vinyl floor · large window · w/o to patio

Bedroom 2Flat2.79 × 2.19 m

vinyl floor · above grade window · double closet

KitchenFlat3.39 × 2.19 m

ceramic floor · updated · stainless steel appl

Primary BedroomFlat3.69 × 2.49 m

vinyl floor · above grade window · double closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$574Klikely sale price

Listed at $588,888. Going by how homes in Malvern and the wider GTA have actually closed against their asking prices (about 98%, 14 local closings in 90 days), the likely sale price is near $574K, if it sells. A realistic range is $541K to $621K.

Independent value check: $515K. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $479K and $541K).

Why $515K. The typical townhouse sold in Malvern over the past year went for about $550K (62 sales). What sets this one apart:

  • ▼ Lowers it3 bedrooms and 1 baths, against 3+1 and 2 typically.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $2,778 a year; the typical home sold here pays about $2,500.
  • ▼ Lowers it slightlyIt is 900 to 999 sq ft; the typical home sold here is 1,000 to 1,199.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.

Longer on the market than typical. 68 days on the market against about 45 for homes like it here, and asking 14% above where comparable closings put it.

List price
$541KBelow recent closings$621KAbove recent closings

Total price vs nearby homes. Likely closing about $574K, from 14 recent closings in this pocket.

The market behind the math:

14sold nearby · 90 days
$507Kmedian sold price
98%of asking, on average
−20%prices vs a year ago
~26 dayshomes like this take to sell
68days on market so far
$2,274/moest. rent · 29 leases
4.6%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.4 months of inventory: 16 condo townhouse homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $620/sqft against an area asking average of $558/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $582K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can 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
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.

Based on 14 comparable homes that sold in Malvern over the past two years, from 137 closings there.

Sold price trend

Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$702K150
November 2025$709K130
December 2025$705K63
January 2026$695K77
February 2026$728K104
March 2026$715K121
April 2026$711K147
May 2026$726K131
June 2026$706K132
July 2026$683K156
August 2026$669K116
September 2026$684K98

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.

Nearby neighbourhoods

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

West Hill
$575K
Dorset Park
$671K
Victoria Village
$754K
St. Andrew-Windfields
$929K
Casa Loma
$2.80M

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 Berner Trail Junior Public School
56%
Berner Trail Junior Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 56% meet the provincial standard
Dr Marion Hilliard Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Tom Longboat Junior Public School · Public elementary0.7 km · 78% at standard
St Gabriel Lalemant Catholic School · Catholic elementary0.8 km · 55% at standard
Sacred Heart Catholic School · Catholic elementary0.9 km · 67% at standard
Malvern Junior Public School · Public elementary1.0 km · 58% at standard
Grey Owl Junior Public School · Public elementary1.0 km · 54% at standard
St Mother Teresa Catholic Academy · Catholic secondary1.1 km · 50% at standard
Mary Shadd Public School · Public elementary1.2 km · 56% at standard
St Columba Catholic School · Catholic elementary1.2 km · 40% at standard
Burrows Hall Junior Public School · Public elementary1.4 km · 81% at standard
Emily Carr Public School · Public elementary1.5 km · 70% at standard
Lucy Maud Montgomery Public School · Public elementary1.6 km · 74% at standard
Alexander Stirling Public School · Public elementary1.6 km · 49% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,684/mo
$118KIncome needed
5.0×Price ÷ income
$619Weekly cost
$16,506Land transfer tax, one-time (Ontario + Toronto)
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.

84%mortgage
Mortgage $2,684Property tax $231Condo fee $280Total carry $3,195

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,605per month

Mortgage amount $471,110 · 4.49% over 25 years

$117,778Down payment (20.0%)
$471,110Loan before insurance
$0CMHC premium
$3,116Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,605
Property tax
$232
Condo / maintenance fees
$280
Heating
$0
Estimated monthly cost
$3,116

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

One-time closing costs

Ontario land transfer tax
$8,253
Toronto municipal land transfer tax
$8,253
Estimated closing costs
$16,506

Plus your down payment of $117,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,153/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

$310,345Total interest paid
$781,455Total of all payments
Principal $471,110 Interest $310,345
YearPrincipalInterestBalance
1$10,513$20,745$460,597
2$10,991$20,268$449,607
3$11,490$19,769$438,117
4$12,011$19,247$426,106
5$12,557$18,702$413,549
6$13,127$18,132$400,423
7$13,723$17,536$386,700
8$14,346$16,912$372,354
9$14,997$16,261$357,357
10$15,678$15,580$341,679
11$16,390$14,868$325,289
12$17,134$14,124$308,155
13$17,912$13,346$290,243
14$18,725$12,533$271,518
15$19,575$11,683$251,943
16$20,464$10,794$231,478
17$21,393$9,865$210,085
18$22,365$8,893$187,720
19$23,380$7,878$164,340
20$24,442$6,816$139,898
21$25,552$5,707$114,346
22$26,712$4,547$87,635
23$27,925$3,334$59,710
24$29,192$2,066$30,518
25$30,518$740$0

At the end of your 5-year term

Total paid over the term
$156,291
Principal paid down
$57,561
Interest paid
$98,730
Balance remaining
$413,549

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
From 29 whole-home leases in Malvern$2,274/mo
$27,288Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,142 to $2,574Typical rent range
~33 daysTo find a tenant, on average

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

Talk about the numbers

The last 29 whole-home leases in Malvern signed at a median of $2,316 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,274. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.6%
Gross yield
− Property tax $2,778− Condo fees $3,360− Insurance $600− Vacancy & upkeep $3,002Net operating income $17,549

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

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