7-245 Mclevin Avenue, Toronto, ON

Malvern, Toronto · MLS® E13861022

$899,999
For Sale
Listed 14 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
2000-2249Sq ft

About this home

In short

  • Beautiful and well-maintained 2-bedroom, 2-bathroom stacked townhouse offering approximately 2,150 ft. of comfortable living space.
  • Bright open-concept layout with modern kitchen featuring stainless steel appliances, ensuite laundry, and a spacious private terrace perfect for relaxing or entertaining.
  • Conveniently located close to TTC, Highway 401, Malvern Town Centre, schools, Centennial College, University of Toronto Scarborough, parks, shopping, restaurants, and...

Beautiful and well-maintained 2-bedroom, 2-bathroom stacked townhouse offering approximately 2,150 ft. of comfortable living space. Bright open-concept layout with modern kitchen featuring stainless steel appliances, ensuite laundry, and a spacious private terrace perfect for relaxing or entertaining. Includes one underground parking space. Conveniently located close to TTC, Highway 401, Malvern Town Centre, schools, Centennial College, University of Toronto Scarborough, parks, shopping, restaurants, and all essential amenities.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
E13861022
Bedrooms
2
Bathrooms
2
Size
2000-2249 sq ft
Cross streets
Mclevin & Tapscott
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Maintenance
$326/mo
Exposure
West
Property tax
$3,028 / 2026
Days on market
14
Listing brokerage
RE/MAX REALTY SPECIALISTS INC.

Rooms

Great RoomMain3.13 × 4.02 m

laminate · combined w/dining · open concept

Primary BedroomSecond2.75 × 3.65 m

closet · broadloom · window

KitchenLower2.13 × 4.02 m

stainless steel appl · laminate

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.

West Hill
$575K
Dorset Park
$671K
Victoria Village
$754K
Bayview Village
$888K
St. Andrew-Windfields
$929K

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 · 0.6 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
Tom Longboat Junior Public School · Public elementary0.7 km · 78% at standard
St Gabriel Lalemant Catholic School · Catholic elementary0.8 km · 55% at standard
Sacred Heart Catholic School · Catholic elementary0.8 km · 67% at standard
Grey Owl Junior Public School · Public elementary1.0 km · 54% at standard
St Mother Teresa Catholic Academy · Catholic secondary1.0 km · 50% at standard
Malvern Junior Public School · Public elementary1.1 km · 58% at standard
Mary Shadd Public School · Public elementary1.1 km · 56% at standard
St Columba Catholic School · Catholic elementary1.2 km · 40% at standard
Burrows Hall Junior Public School · Public elementary1.5 km · 81% at standard
Emily Carr Public School · Public elementary1.5 km · 70% at standard
Alexander Stirling Public School · Public elementary1.6 km · 49% at standard
Lucy Maud Montgomery Public School · Public elementary1.6 km · 74% at standard

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

Affordability & Mortgage

Affordability
$4,102/mo
$173KIncome needed
5.2×Price ÷ income
$947Weekly cost
$28,950Land 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.

88%mortgage
Mortgage $4,102Property tax $252Condo fee $326Total carry $4,680

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)
$3,981per month

Mortgage amount $719,999 · 4.49% over 25 years

$180,000Down payment (20.0%)
$719,999Loan before insurance
$0CMHC premium
$4,559Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,981
Property tax
$252
Condo / maintenance fees
$326
Heating
$0
Estimated monthly cost
$4,559

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

One-time closing costs

Ontario land transfer tax
$14,475
Toronto municipal land transfer tax
$14,475
Estimated closing costs
$28,950

Plus your down payment of $180,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,818/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

$474,301Total interest paid
$1,194,300Total of all payments
Principal $719,999 Interest $474,301
YearPrincipalInterestBalance
1$16,067$31,705$703,932
2$16,797$30,975$687,135
3$17,559$30,213$669,576
4$18,357$29,415$651,219
5$19,190$28,582$632,029
6$20,062$27,710$611,967
7$20,972$26,800$590,995
8$21,925$25,847$569,070
9$22,920$24,852$546,150
10$23,961$23,811$522,189
11$25,049$22,723$497,140
12$26,186$21,586$470,954
13$27,375$20,397$443,579
14$28,618$19,154$414,962
15$29,917$17,855$385,044
16$31,276$16,496$353,769
17$32,696$15,076$321,073
18$34,180$13,592$286,893
19$35,732$12,040$251,161
20$37,354$10,418$213,806
21$39,050$8,721$174,756
22$40,824$6,948$133,932
23$42,677$5,095$91,255
24$44,615$3,157$46,640
25$46,640$1,131$0

At the end of your 5-year term

Total paid over the term
$238,860
Principal paid down
$87,971
Interest paid
$150,889
Balance remaining
$632,029

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$6,800/mo
$81,600Gross annual rent
7.2%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.

9.1%
Gross yield
− Property tax $3,028− Condo fees $3,910− Insurance $600− Vacancy & upkeep $8,976Net operating income $65,086

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

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