$458,000
For sale: Townhouse

Opportunity knocks! Buy at below Builder price, brand new above ground Condo Townhouse. Over $5500 of upgrades (engineering hardwood floors plus deeper kitchen cabinets). Central Scarborough location next to shopping, supermarket and school, parks and public transport (TTC) at your footstep. Minutes drive to highway 401, University Of Toronto, Centennial College. 2 good sized bedrooms with plenty of light and view to kids play area. Ensuite laundry. Open concept great room and kitchen with granite counter top and stainless-steel appliances. Lower maintenance fees, EV charging stations and 1 owned underground designated parking space and a bike storage. Sit out on your own private terrace for morning coffee or evening unwinding or walk to the opposite side to the Malvern Town Centre (banks, restaurants, fast food etc. at your footstep).
Sold data
Homes in Malvern took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 39, across 64 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 38 days.
The median sale price was $639,350.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 34% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
Based on 64 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Malvern) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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