5K-8 Rosebank Drive, Toronto, ON

Malvern, Toronto · MLS® E13699822

$375,000
For Sale
Listed 59 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Parking
500-599Sq ft

About this home

Welcome To A Bright and Stylish one bedroom Condo located in a heart of Scarborough close to all Amenities, TTC, 401, Shopping, Schools And Parks Spacious Open-Concept Floor Plan, Kitchen With Granite Counter Top, Gym, Game Room, Party Rm, T.V Room, Guest Suite, Concierge, Etc.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13699822
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
Markham Rd/sheppard Ave
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$429/mo
Exposure
North
Property tax
$1,501 / 2025
Days on market
59
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Living RoomMain3.24 × 3.19 m

laminate · combined w/dining

Primary BedroomMain3.10 × 3.19 m

laminate · w/o to balcony

KitchenMain2.58 × 2.61 m

Granite Counters

Dining RoomMain3.24 × 3.19 m

laminate · combined w/living · w/o to balcony

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Its public catchment (Burrows Hall Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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.

Bayview Village
$543K
North St. James Town
$649K
Annex
$1.03M
Moss Park
$549K
Church-Yonge Corridor
$876K

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 Burrows Hall Junior Public School
81%
Burrows Hall Junior Public SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 81% meet the provincial standard
Dr Marion Hilliard Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Malvern Junior Public School · Public elementary0.7 km · 58% at standard
St Barnabas Catholic School · Catholic elementary0.9 km · 67% at standard
St Elizabeth Seton Catholic School · Catholic elementary0.9 km
White Haven Junior Public School · Public elementary1.0 km · 74% at standard
Berner Trail Junior Public School · Public elementary1.6 km · 56% at standard
Woburn Junior Public School · Public elementary1.6 km · 67% at standard
Woburn Collegiate Institute · Public secondary1.7 km · 66% at standard
St Edmund Campion Catholic School · Catholic elementary1.8 km · 78% at standard
St Thomas More Catholic School · Catholic elementary1.8 km · 74% at standard
Tom Longboat Junior Public School · Public elementary2.0 km · 78% at standard
Highcastle Public School · Public elementary2.0 km · 65% at standard
Lucy Maud Montgomery Public School · Public elementary2.3 km · 74% at standard

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

Affordability & Mortgage

Affordability
$1,709/mo
$81KIncome needed
4.7×Price ÷ income
$394Weekly cost
$8,200Land 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.

76%mortgage
Mortgage $1,709Property tax $125Condo fee $429Total carry $2,264

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,659per month

Mortgage amount $300,000 · 4.49% over 25 years

$75,000Down payment (20.0%)
$300,000Loan before insurance
$0CMHC premium
$2,213Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,659
Property tax
$125
Condo / maintenance fees
$429
Heating
$0
Estimated monthly cost
$2,213

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

One-time closing costs

Ontario land transfer tax
$4,100
Toronto municipal land transfer tax
$4,100
Estimated closing costs
$8,200

Plus your down payment of $75,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,008/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

$197,625Total interest paid
$497,625Total of all payments
Principal $300,000 Interest $197,625
YearPrincipalInterestBalance
1$6,695$13,210$293,305
2$6,999$12,906$286,307
3$7,316$12,589$278,990
4$7,649$12,256$271,341
5$7,996$11,909$263,346
6$8,359$11,546$254,987
7$8,739$11,167$246,248
8$9,135$10,770$237,113
9$9,550$10,355$227,563
10$9,984$9,921$217,579
11$10,437$9,468$207,142
12$10,911$8,994$196,231
13$11,406$8,499$184,825
14$11,924$7,981$172,901
15$12,466$7,439$160,435
16$13,032$6,874$147,404
17$13,623$6,282$133,781
18$14,242$5,663$119,539
19$14,888$5,017$104,650
20$15,564$4,341$89,086
21$16,271$3,634$72,815
22$17,010$2,895$55,805
23$17,782$2,123$38,023
24$18,590$1,315$19,434
25$19,434$471$0

At the end of your 5-year term

Total paid over the term
$99,525
Principal paid down
$36,654
Interest paid
$62,871
Balance remaining
$263,346

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
Estimate$1,700/mo
$20,400Gross annual rent
2.9%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates 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.

5.4%
Gross yield
− Property tax $1,501− Condo fees $5,153− Insurance $600− Vacancy & upkeep $2,244Net operating income $10,902

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.

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