405-10 TAPSCOTT Road, Toronto, ON

Malvern, Toronto · MLS® E13841300

$405,000
For Sale
Listed 20 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Welcome To This Bright And Spacious 2 Bedroom, 2 Bathroom Corner Unit.
  • Perfect For 1st Time Home Buyers, Downsizers Or Investors.
  • Open Concept Living Room And Dining Room.
  • Primary Bedroom With Walk-In Closet & 2 Piece Ensuite.
  • Close To Transit, Highway, Shopping, Schools And Much More.

Welcome To This Bright And Spacious 2 Bedroom, 2 Bathroom Corner Unit! Perfect For 1st Time Home Buyers, Downsizers Or Investors! Clean And Well Maintained Building! Laminate Flooring Throughout! Open Concept Living Room And Dining Room! Primary Bedroom With Walk-In Closet & 2 Piece Ensuite! 2nd Bedroom With Large Closet! Renovated Bathrooms! Ensuite Laundry! 1 Parking Spot And 1 Locker! All Utilities Covered In The Maintenance Fee! Close To Transit, Highway, Shopping, Schools And Much More!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13841300
Bedrooms
2
Bathrooms
2 (1 half)
Size
900-999 sq ft
Cross streets
NEILSON/TAPSCOTT
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$808/mo
Exposure
North East
Property tax
$974 / 2026
Days on market
20
Listing brokerage
RIGHT AT HOME REALTY

Rooms

KitchenMain2.83 × 2.29 m

ceramic floor · b/i range · window

Dining RoomMain8.41 × 3.60 m

laminate · open concept · combined w/living

Primary BedroomMain3.99 × 2.87 m

laminate · 2 pc ensuite · walk-in closet(s)

Living RoomMain8.41 × 3.60 m

laminate · open concept · combined w/dining

Bedroom 2Main3.69 × 3.17 m

laminate · large closet · large window

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 Berner Trail Junior Public School
56%
Berner Trail Junior Public SchoolPublic · Elementary · 0.5 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 elementary0.5 km · 54% at standard
St Mother Teresa Catholic Academy · Catholic secondary0.6 km · 50% at standard
St Columba Catholic School · Catholic elementary0.6 km · 40% at standard
Sacred Heart Catholic School · Catholic elementary0.7 km · 67% at standard
Mary Shadd Public School · Public elementary0.9 km · 56% at standard
St Gabriel Lalemant Catholic School · Catholic elementary1.0 km · 55% at standard
Emily Carr Public School · Public elementary1.0 km · 70% at standard
Alexander Stirling Public School · Public elementary1.1 km · 49% at standard
Tom Longboat Junior Public School · Public elementary1.1 km · 78% at standard
St Florence Catholic School · Catholic elementary1.2 km · 73% at standard
Lucy Maud Montgomery Public School · Public elementary1.3 km · 74% at standard
Malvern Junior Public School · Public elementary1.4 km · 58% at standard

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

Affordability & Mortgage

Affordability
$1,846/mo
$91KIncome needed
4.4×Price ÷ income
$426Weekly cost
$9,150Land 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.

67%mortgage
Mortgage $1,846Property tax $81Condo fee $808Total carry $2,735

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)
$1,791per month

Mortgage amount $324,000 · 4.49% over 25 years

$81,000Down payment (20.0%)
$324,000Loan before insurance
$0CMHC premium
$2,681Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,791
Property tax
$81
Condo / maintenance fees
$808
Heating
$0
Estimated monthly cost
$2,681

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

One-time closing costs

Ontario land transfer tax
$4,575
Toronto municipal land transfer tax
$4,575
Estimated closing costs
$9,150

Plus your down payment of $81,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,168/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

$213,435Total interest paid
$537,435Total of all payments
Principal $324,000 Interest $213,435
YearPrincipalInterestBalance
1$7,230$14,267$316,770
2$7,559$13,939$309,211
3$7,902$13,596$301,309
4$8,261$13,237$293,049
5$8,636$12,862$284,413
6$9,028$12,470$275,385
7$9,438$12,060$265,948
8$9,866$11,631$256,082
9$10,314$11,183$245,768
10$10,782$10,715$234,985
11$11,272$10,225$223,713
12$11,784$9,714$211,930
13$12,319$9,179$199,611
14$12,878$8,619$186,733
15$13,463$8,035$173,270
16$14,074$7,423$159,196
17$14,713$6,784$144,483
18$15,381$6,116$129,102
19$16,079$5,418$113,023
20$16,810$4,688$96,213
21$17,573$3,925$78,640
22$18,371$3,127$60,270
23$19,205$2,293$41,065
24$20,077$1,421$20,988
25$20,988$509$0

At the end of your 5-year term

Total paid over the term
$107,487
Principal paid down
$39,587
Interest paid
$67,900
Balance remaining
$284,413

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$3,050/mo
$36,600Gross annual rent
5.3%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.

9.0%
Gross yield
− Property tax $974− Condo fees $9,694− Insurance $600− Vacancy & upkeep $4,026Net operating income $21,305

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

CallRequest a showing