60 Scotney Grove, Toronto, ON

Malvern, Toronto · MLS® E13843888

$898,000
For Sale
Listed 19 days agoNo offer date stated
Request a showing
◎ Directions
3+1Bedrooms
4Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • Welcome to this bright and beautifully maintained 3+1 bedroom, 2-storey home in the heart of Malvern.
  • Offering a spacious and functional layout, this home features hardwood floors, elegant crown molding, a sun-filled living area with a picture window, and a generous...
  • All windows were upgraded in 2025, providing a fresh and valuable improvement throughout the home.
  • Step outside to a private backyard featuring fresh, newly installed fencing-perfect for relaxing, entertaining, or enjoying time with family.
  • The finished basement provides additional versatile living space, complete with a family room, laundry area, and 3-piece bathroom.

Welcome to this bright and beautifully maintained 3+1 bedroom, 2-storey home in the heart of Malvern! Offering a spacious and functional layout, this home features hardwood floors, elegant crown molding, a sun-filled living area with a picture window, and a generous dining space perfect for family gatherings. The eat-in kitchen offers a convenient walk-out to the backyard, creating an effortless flow for indoor-outdoor living. All windows were upgraded in 2025, providing a fresh and valuable improvement throughout the home. Step outside to a private backyard featuring fresh, newly installed fencing-perfect for relaxing, entertaining, or enjoying time with family. The finished basement provides additional versatile living space, complete with a family room, laundry area, and 3-piece bathroom. Attached garage plus parking for up to 3 vehicles. Ideally located near Morningside & Sheppard with convenient access to schools, parks, transit, shopping, and everyday amenities. Move in and make it yours!

Key facts

Property type
Townhouse, 2-Storey
MLS®
E13843888
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
1100-1500 sq ft
Lot
48.27 × 116.19 ft
Cross streets
Morningside/Sheppard
Parking
1 garage · 3 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,031 / 2025
Days on market
19
Listing brokerage
Canadian Living Realty Inc.

Rooms

Family RoomBasement8.44 × 3.24 m

Broadloom

Bedroom 2Second2.44 × 3.35 m

broadloom · closet

Living RoomGround4.58 × 3.76 m

hardwood floor · picture window · crown moulding

KitchenGround3.74 × 2.56 m

tile floor · eat-in kitchen · walk-out

Bedroom 4Second

broadloom · closet

Dining RoomGround3.88 × 3.19 m

hardwood floor · crown moulding

Primary BedroomSecond3.96 × 3.66 m

broadloom · closet

Bedroom 3Second2.44 × 3.35 m

broadloom · closet

LaundryBasement4.27 × 2.42 m

Tile Floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$878Klikely sale price

Listed at $898,000. Going by how homes in Malvern and the wider GTA have actually closed against their asking prices (about 98%, 8 local closings in 90 days), the likely sale price is near $878K, if it sells. A realistic range is $823K to $989K.

Independent value check: $742K. Without looking at the asking price, our model values the home itself about 17% below the ask (homes like it typically land between $695K and $777K).

Why $742K. The typical townhouse sold in Malvern over the past year went for about $690K (22 sales). What sets this one apart:

  • ▲ Raises it3+1 bedrooms and 4 baths, against 3+1 and 2 typically.
  • ▲ Raises itIts lot is 48 by 116 ft; the typical lot sold here is 21 by 112.
List price
$823KBelow recent closings$989KAbove recent closings

Total price vs nearby homes. Likely closing about $878K, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$671Kmedian sold price
99%of asking, on average
−11%prices vs a year ago
~17 dayshomes like this take to sell
19days on market so far
$2,833/moest. rent · 10 leases
3.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.9 months of inventory: 5 townhouse homes for sale in the area against 8 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 $691/sqft against an area asking average of $575/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.

It never sees the asking price. The 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $666K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Emily Carr Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Malvern, so I widened the search to the surrounding area.

Based on 4 homes sold on this street over the past two years, plus 1 nearby in Malvern, from 40 closings in Malvern.

What sellers nearby are askingCurrently listed nearby in Malvern · asking prices
$725kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $742K, which is where my estimate comes from.

Per square foot, these ask about $558/sqft; this home lists at $691/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
898kThis home699k690k799k714kThis home vs active comparables

Sold price trend

Median sold price for townhouses in Toronto: $1.06M in September 2026, down 3% from a year ago, on 900 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$1.05M84
November 2025$1.04M75
December 2025$1.05M55
January 2026$1.04M38
February 2026$1.17M53
March 2026$1.09M86
April 2026$1.22M95
May 2026$1.10M88
June 2026$1.05M97
July 2026$960K91
August 2026$995K47
September 2026$1.06M91

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.

Dorset Park
$842K
Clairlea-Birchmount
$925K
Victoria Village
$848K
Playter Estates-Danforth
$1.35M
South Riverdale
$1.49M

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 Emily Carr Public School
70%
Emily Carr Public SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 70% meet the provincial standard
West Hill Collegiate InstituteEQAO results not published
Also nearby: 12 more schools within 2.5 km
St Florence Catholic School · Catholic elementary0.4 km · 73% at standard
Grey Owl Junior Public School · Public elementary0.6 km · 54% at standard
Lucy Maud Montgomery Public School · Public elementary0.6 km · 74% at standard
St Mother Teresa Catholic Academy · Catholic secondary1.0 km · 50% at standard
Alexander Stirling Public School · Public elementary1.1 km · 49% at standard
Berner Trail Junior Public School · Public elementary1.2 km · 56% at standard
St John Paul II Catholic Secondary School · Catholic secondary1.4 km · 76% at standard
Alvin Curling Public School · Public elementary1.4 km · 78% at standard
Fleming Public School · Public elementary1.5 km · 78% at standard
Dr Marion Hilliard Senior Public School · Public elementary1.5 km
Lester B Pearson Collegiate Institute · Public secondary1.6 km · 66% at standard
Military Trail Public School · Public elementary1.6 km · 36% at standard

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

Affordability & Mortgage

Affordability
$4,093/mo
$167KIncome needed
5.4×Price ÷ income
$944Weekly cost
$28,870Land 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.

94%mortgage
Mortgage $4,093Property tax $253Total carry $4,345

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,972per month

Mortgage amount $718,400 · 4.49% over 25 years

$179,600Down payment (20.0%)
$718,400Loan before insurance
$0CMHC premium
$4,225Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,972
Property tax
$253
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,225

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

One-time closing costs

Ontario land transfer tax
$14,435
Toronto municipal land transfer tax
$14,435
Estimated closing costs
$28,870

Plus your down payment of $179,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,808/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

$473,247Total interest paid
$1,191,647Total of all payments
Principal $718,400 Interest $473,247
YearPrincipalInterestBalance
1$16,032$31,634$702,368
2$16,760$30,906$685,609
3$17,520$30,145$668,088
4$18,316$29,350$649,772
5$19,148$28,518$630,625
6$20,017$27,649$610,608
7$20,926$26,740$589,682
8$21,876$25,790$567,806
9$22,869$24,797$544,937
10$23,908$23,758$521,029
11$24,993$22,673$496,036
12$26,128$21,538$469,908
13$27,314$20,352$442,594
14$28,554$19,112$414,040
15$29,851$17,815$384,189
16$31,206$16,460$352,983
17$32,623$15,043$320,360
18$34,104$13,562$286,256
19$35,653$12,013$250,603
20$37,271$10,394$213,332
21$38,964$8,702$174,368
22$40,733$6,933$133,635
23$42,582$5,084$91,053
24$44,516$3,150$46,537
25$46,537$1,129$0

At the end of your 5-year term

Total paid over the term
$238,329
Principal paid down
$87,775
Interest paid
$150,554
Balance remaining
$630,625

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 10 whole-home leases in Malvern$2,833/mo
$33,996Gross annual rent
2.9%Cap rate after taxes and upkeep
$2,606 to $3,059Typical rent range

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 10 whole-home leases in Malvern signed at a median of $2,736 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,833. 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.

3.8%
Gross yield
− Property tax $3,031− Insurance $1,400− Vacancy & upkeep $3,740Net operating income $25,825

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Canadian Living Realty Inc.. MLS®/PropTx.

CallRequest a showing