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Listed 13 days ago

22 - 155 Tapscott Road

Malvern, Toronto

$458,000

Condo Townhouse |
2 | 1 | 1 | 1
About this home

Great Opportunity To Buy This single-story, never-lived-in unit offers spacious 2 bedrooms & 1bathroom. 85Sq ft of private terrace. Affordable Living In The Heart of Scarborough. Fantastic opportunity for you to make your next home. This townhouse is best suited for 1st time home buyers and investors. Featuring an open-concept living and dining area, a decent-sized kitchen with stainless steel appliances, kitchens with designer quality cabinetry, and granite countertops. The decent-sized bedrooms include ample closet space. Comes with a designated parking spot and bike storage. Very Close To Malvern Town Centre, Hwy 401, STC, Centennial College, UofT Scarborough Campus, Public Transit, And Amenities At Door Step. Some Photos were virtually staged. Locker # LEVEL A UNIT 408. Locker is for bicycle storage.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Townhouse
StyleStacked Townhouse
Approx. Age0-5
Size700-799 sq. ft.
Maintenance Fees$321
LockerOwned
BalconyTerrace
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesPrivate, Surface
Property Tax$2,496
mls© NumberE13811972
Listed ByROYAL LEPAGE IGNITE REALTY
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,344
Property tax
$208
Heat allowance
$150
Condo fees, half counted
$160
Housing costs
$2,863 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $91,600
25-yr amortization

Income needed

$88,000

gross annual household income

Payment at 4%
$1,927 / mo
Cash down
$91,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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