915-430 Mclevin Avenue, Toronto, ON

Malvern, Toronto · MLS® E13847642

$490,000
For Sale
Listed 18 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Bright & Spacious 2 Bed + 2 Full Bath Condo at 430 McLevin Ave, Scarborough.
  • Located in one of Scarborough's most sought-after family-friendly communities, this beautifully maintained west-facing unit offers a functional open-concept layout...
  • Enjoy luxury amenities including indoor pool, gym, sauna, hot tub, squash & tennis courts, party room, visitor parking and Locker, touchless entry, and 24-hour security.
  • Just minutes to Malvern Town Centre, TTC, schools, parks, library, recreation centre, Freshland Supermarket, No Frills, restaurants, medical centres, and Hwy 401.

Bright & Spacious 2 Bed + 2 Full Bath Condo at 430 McLevin Ave, Scarborough! Located in one of Scarborough's most sought-after family-friendly communities, this beautifully maintained west-facing unit offers a functional open-concept layout with updated kitchen, fresh paint, laminate flooring throughout, no carpet, extra storage, exclusive parking, and stunning unobstructed nature views filled with natural sunlight. Enjoy luxury amenities including indoor pool, gym, sauna, hot tub, squash & tennis courts, party room, visitor parking and Locker, touchless entry, and 24-hour security. Just minutes to Malvern Town Centre, TTC, schools, parks, library, recreation centre, Freshland Supermarket, No Frills, restaurants, medical centres, and Hwy 401. Perfect for first-time buyers, growing families, downsizers, or investors looking for space, comfort, and unbeatable convenience in a high-demand Scarborough location!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13847642
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Neilson/Finch
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$605/mo
Exposure
North West
Property tax
$1,418 / 2025
Days on market
18
Listing brokerage
LUCKY HOMES REALTY

Rooms

KitchenMain2.84 × 2.24 m

tile floor · updated

Living RoomMain6.45 × 3.49 m

laminate · open concept · combined w/dining

BedroomMain6.75 × 3.17 m

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

PantryMain0.00 × 0.00 m

tile floor · b/i shelves

Dining RoomMain6.45 × 3.49 m

laminate · open concept · combined w/living

Bedroom 2Main4.52 × 2.90 m

laminate · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$480Klikely sale price

Listed at $490,000. 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 $480K, if it sells. A realistic range is $452K to $519K.

Independent value check: $466K. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $434K and $490K).

Why $466K. The typical condo sold in Malvern over the past year went for about $439K (70 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $1,418 a year; the typical home sold here pays about $1,200.
  • ▲ Raises it slightlyIt is 1,000 to 1,199 sq ft; the typical home sold here is 900 to 999.
List price
$452KBelow recent closings$519KAbove recent closings

Total price vs nearby homes. Likely closing about $480K, 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
18days on market so far
$2,561/moest. rent · 12 leases
6.3%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.8 months of inventory: 27 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 $446/sqft against an area asking average of $408/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 $461K. 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 7 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
$526K
North St. James Town
$765K
Church-Yonge Corridor
$529K
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 · 0.5 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 elementary0.4 km · 55% at standard
Tom Longboat Junior Public School · Public elementary0.7 km · 78% at standard
St Mother Teresa Catholic Academy · Catholic secondary0.7 km · 50% at standard
Dr Marion Hilliard Senior Public School · Public elementary0.9 km
Berner Trail Junior Public School · Public elementary1.0 km · 56% at standard
St Columba Catholic School · Catholic elementary1.1 km · 40% at standard
Grey Owl Junior Public School · Public elementary1.1 km · 54% at standard
Alexander Stirling Public School · Public elementary1.2 km · 49% at standard
Emily Carr Public School · Public elementary1.4 km · 70% at standard
St Bede Catholic School · Catholic elementary1.5 km
Thomas L Wells Public School · Public elementary1.5 km · 80% at standard
St Barnabas Catholic School · Catholic elementary1.6 km · 67% at standard

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

Affordability & Mortgage

Affordability
$2,233/mo
$103KIncome needed
4.7×Price ÷ income
$515Weekly cost
$12,550Land 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.

76%mortgage
Mortgage $2,233Property tax $118Condo fee $605Total carry $2,956

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)
$2,167per month

Mortgage amount $392,000 · 4.49% over 25 years

$98,000Down payment (20.0%)
$392,000Loan before insurance
$0CMHC premium
$2,891Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,167
Property tax
$118
Condo / maintenance fees
$605
Heating
$0
Estimated monthly cost
$2,891

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

One-time closing costs

Ontario land transfer tax
$6,275
Toronto municipal land transfer tax
$6,275
Estimated closing costs
$12,550

Plus your down payment of $98,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,623/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

$258,231Total interest paid
$650,231Total of all payments
Principal $392,000 Interest $258,231
YearPrincipalInterestBalance
1$8,748$17,261$383,252
2$9,145$16,864$374,107
3$9,560$16,449$364,547
4$9,994$16,015$354,553
5$10,448$15,561$344,105
6$10,922$15,087$333,182
7$11,418$14,591$321,764
8$11,937$14,072$309,827
9$12,479$13,530$297,349
10$13,045$12,964$284,303
11$13,638$12,372$270,666
12$14,257$11,752$256,409
13$14,904$11,105$241,505
14$15,581$10,428$225,924
15$16,288$9,721$209,636
16$17,028$8,981$192,608
17$17,801$8,208$174,807
18$18,609$7,400$156,197
19$19,454$6,555$136,743
20$20,337$5,672$116,406
21$21,261$4,748$95,145
22$22,226$3,783$72,919
23$23,235$2,774$49,683
24$24,290$1,719$25,393
25$25,393$616$0

At the end of your 5-year term

Total paid over the term
$130,046
Principal paid down
$47,895
Interest paid
$82,151
Balance remaining
$344,105

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 12 whole-home leases in Malvern$2,561/mo
$30,732Gross annual rent
3.7%Cap rate after taxes and upkeep
$2,433 to $2,689Typical 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 12 whole-home leases in Malvern signed at a median of $2,387 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,561. 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.

6.3%
Gross yield
− Property tax $1,418− Condo fees $7,258− Insurance $600− Vacancy & upkeep $3,381Net operating income $18,076

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

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