$438,800
For sale: Apartment

Just a 10-minute drive to the new University of Toronto Scarborough complex training healthcare professionals, this suite presents a remarkable opportunity for both long-term investors and families. Enjoy hassle-free living with all-inclusive maintenance fees covering all utilities. Beautifully renovated 2-bedroom, 2-bathroom corner suite offering exceptional brightness, a functional layout, and true turn-key convenience. The modern kitchen features newly installed floor tiles, sleek marble countertops, a matching backsplash, and updated stainless steel appliances (fridge, dishwasher, microwave hood fan, and stove). Both bathrooms have been completely updated, including a private 2-piece ensuite in the primary bedroom. Complete with laminate flooring throughout, ensuite laundry with a newer LG washer and dryer, 1 parking space, and 1 locker. Located steps from Malvern Town Centre, public transit, top-rated schools, parks, healthcare facilities, and Hwy 401. Premium building amenities include an indoor pool, fitness center, sauna, squash courts, and recreation room.
Sold data
Apartment homes in Toronto (Malvern) took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 54, across 2,832 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $568,500.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 2,832 recorded sales in the last 90 days. 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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