TH 19-70 Orchid Place Drive, Toronto, ON

Malvern, Toronto · MLS® E13793642

$569,999
For Sale
Listed 33 days agoNo offer date stated
2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to Unit 19 - 70 Orchid Place Drive, a street-level, fully renovated condo townhouse in a vibrant, family-oriented Scarborough community.
  • This move-in ready 2-bedroom, 2-full-bathroom home offers 762 sq. ft. of turn-key living with direct ground-floor access and a private, gated patio.
  • Completed in September 2026, the extensive interior updates feature neutral vinyl plank flooring throughout the living area and bedrooms, complemented by fresh custom...
  • The open-concept kitchen and modern bathrooms are outfitted with sleek black and gold cabinet hardware, updated faucets, and crisp vanity lighting.
  • Complete with 1 underground parking space and surface visitor parking, this property delivers exceptional convenience.

Welcome to Unit 19 - 70 Orchid Place Drive, a street-level, fully renovated condo townhouse in a vibrant, family-oriented Scarborough community. This move-in ready 2-bedroom, 2-full-bathroom home offers 762 sq. ft. of turn-key living with direct ground-floor access and a private, gated patio. Completed in September 2026, the extensive interior updates feature neutral vinyl plank flooring throughout the living area and bedrooms, complemented by fresh custom paint, upgraded baseboards, and energy-efficient LED flush ceiling lights. The open-concept kitchen and modern bathrooms are outfitted with sleek black and gold cabinet hardware, updated faucets, and crisp vanity lighting. Complete with 1 underground parking space and surface visitor parking, this property delivers exceptional convenience. Residents enjoy immediate access to Highway 401, Scarborough Town Centre, Centennial College, UTSC, walk-in clinics, and major hospitals, along with nearby grocery stores, banks, pharmacies, coffee spots, and places of worship. Buyers can also look forward to long-term value with the upcoming TTC Scarborough Subway Extension (Sheppard-McCowan station, targeted 2029-2030) just minutes away.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
E13793642
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Markham Rd/Sheppard Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete Block, Brick Front
Roof
Asphalt Shingle
Maintenance
$437/mo
Exposure
West
Property tax
$2,494 / 2026
Days on market
33
Listing brokerage
CENTURY 21 PERCY FULTON LTD.

Rooms

Living RoomFlat3.08 × 4.30 m

vinyl floor · combined w/kitchen · open concept

BathroomFlat2.64 × 1.60 m

ceramic floor · b/i vanity · 4 pc bath

Primary BedroomFlat2.74 × 4.30 m

vinyl floor · 3 pc ensuite · walk-in closet(s)

KitchenFlat3.08 × 2.04 m

vinyl floor · quartz counter · stainless steel appl

BathroomFlat2.34 × 1.60 m

ceramic floor · b/i vanity · 3 pc ensuite

Bedroom 2Flat2.68 × 3.20 m

vinyl floor · walk-in closet(s) · large window

LaundryFlat1.60 × 1.62 m

Ceramic Floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$556Klikely sale price

Listed at $569,999. 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 $556K, if it sells. A realistic range is $524K to $601K.

Independent value check: $485K. Without looking at the asking price, our model values the home itself about 15% below the ask (homes like it typically land between $451K and $510K).

Why $485K. The typical townhouse sold in Malvern over the past year went for about $550K (62 sales). What sets this one apart:

  • ▼ Lowers itIt is 700 to 799 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.
List price
$524KBelow recent closings$601KAbove recent closings

Total price vs nearby homes. Likely closing about $556K, 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
33days on market so far
$2,257/moest. rent · 6 leases
4.8%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.4 months of inventory: 11 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 $761/sqft against an area asking average of $651/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 $510K. Condition and finishes remain an in-person call.

What the listing highlights2 points 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Burrows Hall Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO 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 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 elementary0.5 km · 58% at standard
St Barnabas Catholic School · Catholic elementary0.8 km · 67% at standard
St Elizabeth Seton Catholic School · Catholic elementary1.0 km
White Haven Junior Public School · Public elementary1.1 km · 74% at standard
Berner Trail Junior Public School · Public elementary1.5 km · 56% at standard
Woburn Junior Public School · Public elementary1.7 km · 67% at standard
St Edmund Campion Catholic School · Catholic elementary1.8 km · 78% at standard
Woburn Collegiate Institute · Public secondary1.8 km · 66% at standard
St Thomas More Catholic School · Catholic elementary1.9 km · 74% at standard
Tom Longboat Junior Public School · Public elementary1.9 km · 78% at standard
Highcastle Public School · Public elementary2.0 km · 65% at standard
Grey Owl Junior Public School · Public elementary2.2 km · 54% at standard

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

Affordability & Mortgage

Affordability
$2,598/mo
$117KIncome needed
4.9×Price ÷ income
$600Weekly cost
$15,750Land 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.

80%mortgage
Mortgage $2,598Property tax $208Condo fee $437Total carry $3,243

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)
$2,521per month

Mortgage amount $455,999 · 4.49% over 25 years

$114,000Down payment (20.0%)
$455,999Loan before insurance
$0CMHC premium
$3,166Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,521
Property tax
$208
Condo / maintenance fees
$437
Heating
$0
Estimated monthly cost
$3,166

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

One-time closing costs

Ontario land transfer tax
$7,875
Toronto municipal land transfer tax
$7,875
Estimated closing costs
$15,750

Plus your down payment of $114,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,052/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

$300,390Total interest paid
$756,389Total of all payments
Principal $455,999 Interest $300,390
YearPrincipalInterestBalance
1$10,176$20,080$445,823
2$10,638$19,618$435,185
3$11,121$19,135$424,064
4$11,626$18,630$412,438
5$12,154$18,102$400,285
6$12,706$17,550$387,579
7$13,283$16,973$374,296
8$13,886$16,370$360,411
9$14,516$15,740$345,895
10$15,175$15,080$330,720
11$15,864$14,391$314,855
12$16,584$13,671$298,271
13$17,337$12,918$280,934
14$18,125$12,131$262,809
15$18,948$11,308$243,861
16$19,808$10,448$224,053
17$20,707$9,548$203,346
18$21,647$8,608$181,699
19$22,630$7,625$159,068
20$23,658$6,598$135,411
21$24,732$5,524$110,679
22$25,855$4,401$84,824
23$27,029$3,227$57,795
24$28,256$2,000$29,539
25$29,539$717$0

At the end of your 5-year term

Total paid over the term
$151,278
Principal paid down
$55,715
Interest paid
$95,563
Balance remaining
$400,285

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 6 whole-home leases in Malvern$2,257/mo
$27,084Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,068 to $2,559Typical 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 6 whole-home leases in Malvern signed at a median of $2,558 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,257. 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.

4.8%
Gross yield
− Property tax $2,494− Condo fees $5,244− Insurance $600− Vacancy & upkeep $2,979Net operating income $15,767

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PERCY FULTON LTD.. MLS®/PropTx.

CallRequest a showing