1101-410 Mclevin Avenue, Toronto, ON

Malvern, Toronto · MLS® E13737068

$499,000
For Sale
Listed 47 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Welcome To This Beautiful 2 Bedroom Unit With Private Balcony In Scarborough.
  • This Well Kept Unit Have Been Renovated Over The Years & Freshly Painted, Clean Appliances, And Updated Flooring.
  • 24-Hour Gated Security And Access To Excellent Recreational Facilities For Ultimate Comfort And Peace Of Mind.

Welcome To This Beautiful 2 Bedroom Unit With Private Balcony In Scarborough! Comes With Underground Parking And A Locker/Storage! This Well Kept Unit Have Been Renovated Over The Years & Freshly Painted, Clean Appliances, And Updated Flooring. Enjoy Your Summers Out On This Private Terrace & Private Balcony, Monitored Security Services Allowing Easy Entry For Your Guests. 24-Hour Gated Security And Access To Excellent Recreational Facilities For Ultimate Comfort And Peace Of Mind. Walking Distance To The Grocery Store, Malls, Banks, Restaurants, Malvern Library And Recreation Centre And So Much More! 2 Mins To The 401! Just Steps To TTC. A Rare Opportunity In A High-Demand Location With Two Bedrooms & Two Washrooms Condo.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13737068
Bedrooms
2
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Neilson/Mclevin
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$912/mo
Exposure
South
Property tax
$1,365 / 2025
Days on market
47
Listing brokerage
HOMELIFE/FUTURE REALTY INC.

Rooms

BathroomMain0.00 × 0.00 m

3 Pc Bath

Primary BedroomMain4.99 × 3.10 m

4 pc bath · broadloom

BathroomMain0.00 × 0.00 m

4 Pc Bath

Bedroom 2Main3.31 × 3.02 m

broadloom · closet

Living RoomMain5.59 × 3.32 m

broadloom · combined w/dining

KitchenMain4.13 × 3.00 m

ceramic floor · eat-in kitchen

KitchenGround4.42 × 3.03 m

Ceramic Floor

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

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.

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
Moss Park
$549K
Church-Yonge Corridor
$876K
Waterfront Communities C8
$554K
Kensington-Chinatown
$585K

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 Mary Shadd Public School
56%
Mary Shadd Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 56% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Gabriel Lalemant Catholic School · Catholic elementary0.5 km · 55% at standard
St Mother Teresa Catholic Academy · Catholic secondary0.6 km · 50% at standard
Tom Longboat Junior Public School · Public elementary0.8 km · 78% at standard
Dr Marion Hilliard Senior Public School · Public elementary0.9 km
St Columba Catholic School · Catholic elementary0.9 km · 40% at standard
Grey Owl Junior Public School · Public elementary0.9 km · 54% at standard
Berner Trail Junior Public School · Public elementary0.9 km · 56% at standard
Alexander Stirling Public School · Public elementary1.1 km · 49% at standard
Emily Carr Public School · Public elementary1.3 km · 70% at standard
St Barnabas Catholic School · Catholic elementary1.5 km · 67% at standard
St Bede Catholic School · Catholic elementary1.5 km
Fleming Public School · Public elementary1.6 km · 78% at standard

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

Affordability & Mortgage

Affordability
$2,274/mo
$110KIncome needed
4.5×Price ÷ income
$525Weekly cost
$12,910Land 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.

69%mortgage
Mortgage $2,274Property tax $114Condo fee $912Total carry $3,300

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)
$2,207per month

Mortgage amount $399,200 · 4.49% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$3,233Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,207
Property tax
$114
Condo / maintenance fees
$912
Heating
$0
Estimated monthly cost
$3,233

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

One-time closing costs

Ontario land transfer tax
$6,455
Toronto municipal land transfer tax
$6,455
Estimated closing costs
$12,910

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,672/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

$262,974Total interest paid
$662,174Total of all payments
Principal $399,200 Interest $262,974
YearPrincipalInterestBalance
1$8,908$17,578$390,292
2$9,313$17,174$380,979
3$9,736$16,751$371,243
4$10,178$16,309$361,065
5$10,640$15,847$350,425
6$11,123$15,364$339,302
7$11,628$14,859$327,674
8$12,156$14,331$315,518
9$12,708$13,779$302,810
10$13,285$13,202$289,525
11$13,888$12,599$275,637
12$14,519$11,968$261,118
13$15,178$11,309$245,940
14$15,867$10,620$230,073
15$16,587$9,899$213,486
16$17,341$9,146$196,145
17$18,128$8,359$178,017
18$18,951$7,536$159,066
19$19,811$6,675$139,255
20$20,711$5,776$118,544
21$21,651$4,836$96,893
22$22,634$3,853$74,258
23$23,662$2,825$50,596
24$24,736$1,750$25,860
25$25,860$627$0

At the end of your 5-year term

Total paid over the term
$132,435
Principal paid down
$48,775
Interest paid
$83,660
Balance remaining
$350,425

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$4,100/mo
$49,200Gross annual rent
6.2%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.

9.9%
Gross yield
− Property tax $1,365− Condo fees $10,944− Insurance $600− Vacancy & upkeep $5,412Net operating income $30,879

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

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