709-480 Mclevin Avenue, Toronto, ON

Malvern, Toronto · MLS® E14080740

$449,000
For Sale
Listed 4 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Luxury Living Meets Everyday Convenience.
  • Discover the perfect blend of comfort, style, and convenience in this beautifully appointed 2-bedroom, 2-bathroom condo, complete with parking and a private locker.
  • Enjoy the peace of mind of a well-maintained, gated community with 24-hour security, complemented by excellent amenities and beautifully maintained green spaces.
  • Enjoy easy access to Highway 401, shopping centres, public transit, schools, medical centres, and libraries, putting everything you need just moments away.

Luxury Living Meets Everyday Convenience! Discover the perfect blend of comfort, style, and convenience in this beautifully appointed 2-bedroom, 2-bathroom condo, complete with parking and a private locker. Thoughtfully designed with a functional layout, this inviting home offers generous living space and a lifestyle you'll love. The spacious primary bedroom features ample storage, while the updated kitchen impresses with elegant granite countertops and a stylish backsplash-perfect for everyday living and entertaining. Enjoy the peace of mind of a well-maintained, gated community with 24-hour security, complemented by excellent amenities and beautifully maintained green spaces. Whether you're relaxing at home or enjoying the community surroundings, this residence offers the ideal balance of privacy, comfort, and convenience. Unbeatable location! Enjoy easy access to Highway 401, shopping centres, public transit, schools, medical centres, and libraries, putting everything you need just moments away. An exceptional opportunity for homeowners and investors alike! Experience a lifestyle where comfort, convenience, and value come together. Don't miss your chance to make this desirable condo your next home!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E14080740
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Neilson & Mclevin
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$780/mo
Exposure
West
Property tax
$1,433 / 2025
Days on market
4
Listing brokerage
CENTURY 21 PERCY FULTON LTD.

Rooms

Dining RoomFlat0.00 × 0.00 m
Primary BedroomFlat0.00 × 0.00 m
Living RoomFlat0.00 × 0.00 m
Bedroom 2Flat0.00 × 0.00 m
KitchenFlat0.00 × 0.00 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
St Mother Teresa Catholic Academy · Catholic secondary0.6 km · 50% at standard
Tom Longboat Junior Public School · Public elementary0.8 km · 78% at standard
St Columba Catholic School · Catholic elementary1.0 km · 40% at standard
Dr Marion Hilliard Senior Public School · Public elementary1.0 km
Grey Owl Junior Public School · Public elementary1.0 km · 54% at standard
Berner Trail Junior Public School · Public elementary1.0 km · 56% at standard
Alexander Stirling Public School · Public elementary1.1 km · 49% at standard
Emily Carr Public School · Public elementary1.3 km · 70% at standard
St Bede Catholic School · Catholic elementary1.4 km
Thomas L Wells Public School · Public elementary1.5 km · 80% at standard
Fleming Public School · Public elementary1.5 km · 78% at standard

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

Affordability & Mortgage

Affordability
$2,046/mo
$100KIncome needed
4.5×Price ÷ income
$472Weekly cost
$10,910Land 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.

69%mortgage
Mortgage $2,046Property tax $119Condo fee $780Total carry $2,946

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)
$1,986per month

Mortgage amount $359,200 · 4.49% over 25 years

$89,800Down payment (20.0%)
$359,200Loan before insurance
$0CMHC premium
$2,885Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,986
Property tax
$119
Condo / maintenance fees
$780
Heating
$0
Estimated monthly cost
$2,885

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

One-time closing costs

Ontario land transfer tax
$5,455
Toronto municipal land transfer tax
$5,455
Estimated closing costs
$10,910

Plus your down payment of $89,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,404/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

$236,624Total interest paid
$595,824Total of all payments
Principal $359,200 Interest $236,624
YearPrincipalInterestBalance
1$8,016$15,817$351,184
2$8,380$15,453$342,804
3$8,760$15,073$334,044
4$9,158$14,675$324,886
5$9,574$14,259$315,312
6$10,008$13,824$305,304
7$10,463$13,370$294,841
8$10,938$12,895$283,903
9$11,435$12,398$272,468
10$11,954$11,879$260,515
11$12,497$11,336$248,018
12$13,064$10,769$234,954
13$13,657$10,176$221,297
14$14,277$9,556$207,020
15$14,925$8,908$192,095
16$15,603$8,230$176,492
17$16,312$7,521$160,180
18$17,052$6,781$143,128
19$17,826$6,007$125,302
20$18,636$5,197$106,666
21$19,482$4,351$87,184
22$20,366$3,467$66,817
23$21,291$2,542$45,526
24$22,258$1,575$23,268
25$23,268$564$0

At the end of your 5-year term

Total paid over the term
$119,165
Principal paid down
$43,888
Interest paid
$75,277
Balance remaining
$315,312

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
4.7%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.

8.2%
Gross yield
− Property tax $1,433− Condo fees $9,364− Insurance $600− Vacancy & upkeep $4,026Net operating income $21,177

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PERCY FULTON LTD.. MLS®/PropTx.

CallRequest a showing