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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Malvern. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $374,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to Mayfair on the Green, where comfort meets convenience in one of Scarborough's most desirable communities. This bright and spacious 1-bedroom, 1-bathroom suite is thoughtfully designed to maximize functionality and style. Boasting approximately 806 sq. ft. of open living space, this unit is perfect for enjoying both everyday living and entertaining. Natural light fills the home through large windows, creating a warm and inviting atmosphere. Step out onto your private balcony and take in the spectacular open views, the perfect spot to relax with a morning coffee or unwind with a glass of wine at sunset. Residents of Mayfair on the Green enjoy access to fantastic building amenities including an indoor pool, fitness centre, party room, tennis and squash courts, and round-the-clock security for peace of mind. This suite also comes with the convenience of an underground parking space and a dedicated storage locker. Ideal for first-time buyers looking to enter the market, downsizers seeking a low-maintenance lifestyle, or investors wanting a well-located property, this condo checks all the boxes. The location is unmatched you'll be just minutes away from Malvern Mall, medical offices, the University of Toronto Scarborough campus, Centennial College, parks, schools, community centres, and multiple transit options including easy access to Hwy 401. Everything you need is truly at your doorstep. Don't miss the opportunity to own a beautiful home in a highly sought-after building with incredible amenities and unbeatable value.
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Carpet Free
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Data-driven valuation for 400 Mclevin Avenue 704, Toronto E11, ON M1B 5J4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $374,999 in Toronto, the legal minimum down payment is $18,750 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,100 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,100 also applies, bringing the total estimated land transfer taxes to $8,200.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.