1008-430 Mclevin Avenue, Toronto, ON

Malvern, Toronto · MLS® E14033326

$529,900
For Sale
Listed 5 days agoNo offer date stated
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2Bedrooms
2Bathrooms
2Parking
1000-1199Sq ft

About this home

In short

  • This Spacious 2-Bedroom, 2-Washroom Unit Offers Comfortable Living With Two Underground Parking Spaces, One Locker, And A Large Open Balcony.
  • Enjoy A Convenient Location Close To Schools, A Recreation Centre, Library, Medical Centre, Shopping, Malls, And Parks.
  • With Easy Access To Highway 401 And TTC Transit Just Steps Away, Commuting And Everyday Essentials Are A Breeze.

This Spacious 2-Bedroom, 2-Washroom Unit Offers Comfortable Living With Two Underground Parking Spaces, One Locker, And A Large Open Balcony. The Modern Kitchen Features Quartz Countertops, An Undermount Sink, And Stainless-Steel Appliances, Complemented By Durable Laminate Flooring Throughout. Enjoy A Convenient Location Close To Schools, A Recreation Centre, Library, Medical Centre, Shopping, Malls, And Parks. With Easy Access To Highway 401 And TTC Transit Just Steps Away, Commuting And Everyday Essentials Are A Breeze. The Unit Is In Great Move-In Condition And Located In A Very Well-Maintained Building-An Excellent Opportunity For Comfortable And Convenient Livin.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E14033326
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Neilson / McLevin
Parking
2 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$631/mo
Exposure
South
Property tax
$1,471 / 2025
Days on market
5
Listing brokerage
HOMELIFE/FUTURE REALTY INC.

Rooms

Living RoomFlat6.80 × 3.50 m

laminate · open concept · w/o to balcony

Dining RoomFlat6.80 × 3.50 m

laminate · combined w/living

Primary BedroomFlat4.91 × 3.18 m

laminate · walk-in closet(s) · w/o to balcony

KitchenFlat3.12 × 2.70 m

ceramic floor · quartz counter · stainless steel appl

Bedroom 2Flat3.60 × 3.05 m

laminate · closet

LaundryFlat2.50 × 2.05 m
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
$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
$2,415/mo
$111KIncome needed
4.8×Price ÷ income
$557Weekly cost
$14,146Land 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 $2,415Property tax $123Condo fee $631Total carry $3,169

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)
$2,344per month

Mortgage amount $423,920 · 4.49% over 25 years

$105,980Down payment (20.0%)
$423,920Loan before insurance
$0CMHC premium
$3,098Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,344
Property tax
$123
Condo / maintenance fees
$631
Heating
$0
Estimated monthly cost
$3,098

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

One-time closing costs

Ontario land transfer tax
$7,073
Toronto municipal land transfer tax
$7,073
Estimated closing costs
$14,146

Plus your down payment of $105,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,837/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

$279,258Total interest paid
$703,178Total of all payments
Principal $423,920 Interest $279,258
YearPrincipalInterestBalance
1$9,460$18,667$414,460
2$9,890$18,238$404,570
3$10,339$17,788$394,232
4$10,808$17,319$383,424
5$11,299$16,828$372,125
6$11,812$16,315$360,313
7$12,348$15,779$347,965
8$12,909$15,218$335,056
9$13,495$14,632$321,561
10$14,108$14,020$307,454
11$14,748$13,379$292,706
12$15,418$12,709$277,288
13$16,118$12,009$261,170
14$16,850$11,278$244,320
15$17,615$10,512$226,706
16$18,414$9,713$208,291
17$19,250$8,877$189,041
18$20,125$8,003$168,916
19$21,038$7,089$147,878
20$21,993$6,134$125,885
21$22,992$5,135$102,893
22$24,036$4,091$78,857
23$25,127$3,000$53,729
24$26,268$1,859$27,461
25$27,461$666$0

At the end of your 5-year term

Total paid over the term
$140,636
Principal paid down
$51,795
Interest paid
$88,840
Balance remaining
$372,125

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$3,400/mo
$40,800Gross annual rent
5.0%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.

7.7%
Gross yield
− Property tax $1,471− Condo fees $7,572− Insurance $600− Vacancy & upkeep $4,488Net operating income $26,669

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

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