211-99 Blackwell Avenue, Toronto, ON

Malvern, Toronto · MLS® E13796004

$438,800
For Sale
Listed 32 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Just a 10-minute drive to the new University of Toronto Scarborough complex training healthcare professionals, this suite presents a remarkable opportunity for both...
  • Beautifully renovated 2-bedroom, 2-bathroom corner suite offering exceptional brightness, a functional layout, and true turn-key convenience.
  • Both bathrooms have been completely updated, including a private 2-piece ensuite in the primary bedroom.
  • Complete with laminate flooring throughout, ensuite laundry with a newer LG washer and dryer, 1 parking space, and 1 locker.
  • Premium building amenities include an indoor pool, fitness center, sauna, squash courts, and recreation room.

Just a 10-minute drive to the new University of Toronto Scarborough complex training healthcare professionals, this suite presents a remarkable opportunity for both long-term investors and families. Enjoy hassle-free living with all-inclusive maintenance fees covering all utilities. Beautifully renovated 2-bedroom, 2-bathroom corner suite offering exceptional brightness, a functional layout, and true turn-key convenience. The modern kitchen features newly installed floor tiles, sleek marble countertops, a matching backsplash, and updated stainless steel appliances (fridge, dishwasher, microwave hood fan, and stove). Both bathrooms have been completely updated, including a private 2-piece ensuite in the primary bedroom. Complete with laminate flooring throughout, ensuite laundry with a newer LG washer and dryer, 1 parking space, and 1 locker. Located steps from Malvern Town Centre, public transit, top-rated schools, parks, healthcare facilities, and Hwy 401. Premium building amenities include an indoor pool, fitness center, sauna, squash courts, and recreation room.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13796004
Bedrooms
2
Bathrooms
2 (1 half)
Size
900-999 sq ft
Cross streets
Neilson/Sheppard
Parking
1 garage (underground)
Basement
None, Other
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$723/mo
Exposure
South East
Property tax
$980 / 2025
Days on market
32
Listing brokerage
HOME STANDARDS BRICKSTONE REALTY

Rooms

Living RoomMain7.47 × 3.53 m

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

KitchenMain2.79 × 2.22 m

ceramic floor · renovated · b/i dishwasher

Bedroom 2Main3.58 × 3.07 m

laminate · large window

Primary BedroomMain4.19 × 2.76 m

laminate · 2 pc bath · renovated

Dining RoomMain7.47 × 3.53 m

laminate · combined w/living

Our TakeTeam Asgarian · Broker
A small discount is typical
$429Klikely sale price

Listed at $438,800. 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 $429K, if it sells. A realistic range is $405K to $465K.

Independent value check: $432K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $402K and $454K).

Why $432K. The typical condo sold in Malvern over the past year went for about $439K (70 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $980 a year; the typical home sold here pays about $1,200.
List price
$405KBelow recent closings$465KAbove recent closings

Total price vs nearby homes. Likely closing about $429K, from 14 recent closings in this pocket.

The market behind the math:

14sold nearby · 90 days
$340Kmedian sold price
97%of asking, on average
−27%prices vs a year ago
~41 dayshomes like this take to sell
32days on market so far
$2,228/moest. rent · 9 leases
6.1%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6.2 months of inventory: 29 condo apartment 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 $462/sqft against an area asking average of $414/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 $407K. 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
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
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 10 homes sold in this building over the past two years, from 150 closings in Malvern.

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 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$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K885

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
$765K
Moss Park
$549K
Church-Yonge Corridor
$876K
Waterfront Communities C8
$554K

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 · 0.4 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
Grey Owl Junior Public School · Public elementary0.6 km · 54% at standard
St Mother Teresa Catholic Academy · Catholic secondary0.7 km · 50% at standard
St Columba Catholic School · Catholic elementary0.7 km · 40% at standard
Sacred Heart Catholic School · Catholic elementary0.8 km · 67% at standard
St Gabriel Lalemant Catholic School · Catholic elementary1.0 km · 55% at standard
Mary Shadd Public School · Public elementary1.0 km · 56% at standard
Emily Carr Public School · Public elementary1.1 km · 70% at standard
Tom Longboat Junior Public School · Public elementary1.1 km · 78% at standard
Alexander Stirling Public School · Public elementary1.2 km · 49% at standard
St Florence Catholic School · Catholic elementary1.3 km · 73% at standard
Lucy Maud Montgomery Public School · Public elementary1.3 km · 74% at standard
Malvern Junior Public School · Public elementary1.3 km · 58% at standard

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

Affordability & Mortgage

Affordability
$2,000/mo
$95KIncome needed
4.6×Price ÷ income
$462Weekly cost
$10,502Land 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.

71%mortgage
Mortgage $2,000Property tax $82Condo fee $723Total carry $2,805

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)
$1,941per month

Mortgage amount $351,040 · 4.49% over 25 years

$87,760Down payment (20.0%)
$351,040Loan before insurance
$0CMHC premium
$2,746Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,941
Property tax
$82
Condo / maintenance fees
$723
Heating
$0
Estimated monthly cost
$2,746

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

One-time closing costs

Ontario land transfer tax
$5,251
Toronto municipal land transfer tax
$5,251
Estimated closing costs
$10,502

Plus your down payment of $87,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,349/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

$231,248Total interest paid
$582,288Total of all payments
Principal $351,040 Interest $231,248
YearPrincipalInterestBalance
1$7,834$15,458$343,206
2$8,189$15,102$335,017
3$8,561$14,730$326,456
4$8,950$14,342$317,506
5$9,356$13,935$308,149
6$9,781$13,510$298,368
7$10,225$13,066$288,143
8$10,689$12,602$277,454
9$11,175$12,117$266,279
10$11,682$11,609$254,596
11$12,213$11,079$242,384
12$12,767$10,524$229,617
13$13,347$9,945$216,270
14$13,953$9,339$202,317
15$14,586$8,705$187,731
16$15,249$8,043$172,482
17$15,941$7,351$156,541
18$16,665$6,627$139,876
19$17,421$5,870$122,455
20$18,212$5,079$104,243
21$19,039$4,252$85,203
22$19,904$3,388$65,300
23$20,807$2,484$44,492
24$21,752$1,539$22,740
25$22,740$552$0

At the end of your 5-year term

Total paid over the term
$116,458
Principal paid down
$42,891
Interest paid
$73,567
Balance remaining
$308,149

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 9 whole-home leases in Malvern$2,228/mo
$26,736Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,050 to $2,406Typical rent range
~20 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 9 whole-home leases in Malvern signed at a median of $2,161 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,228. 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.

6.1%
Gross yield
− Property tax $980− Condo fees $8,681− Insurance $600− Vacancy & upkeep $2,941Net operating income $13,533

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

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