Gurvinder Nokwal REALTOR®
For Sale Condo Townhouse 11 days on market

$590,000

Est. payment $2,612/moCalculate yours

50 Verne Crescent 42, Toronto, ON M1B 2X1

Malvern, Scarborough, ON M1B 2X1

  • 3 Beds
  • 3 Baths
  • 1 Garage
  • 1,000 Sq Ft

Listing courtesy of RE/MAX HALLMARK REALTY LTD. MLS® E13872630

About this home

Welcome to this upgraded 3-bedroom, 3-bathroom condo townhouse offering a functional layout, comfortable living space, and added flexibility across multiple levels. The kitchen provides plenty of room for everyday living and features a walkout to the backyard, creating an easy connection to the outdoor space. Three well-sized bedrooms offer room for families, guests, or a home office. The finished basement adds valuable additional living space and offers excellent potential for extended family, a recreation area, or possible rental use. Ideally located close to the University of Toronto Scarborough, Centennial College, public transit, shopping, everyday amenities, and Highway 401. With its finished lower level, private outdoor space, and convenient location, this home represents excellent value and a great opportunity.

Property details

Overview

Property Type
Condo Townhouse
Style
2-Storey
For
For Sale
Status
New
Size
1,000 sqft

Interior

Bedrooms
3
Bathrooms
3
Kitchens
1
Basement
Finished

Building & Systems

Heating
Baseboard (Electric)
Cooling
None
Exterior
Stucco (Plaster), Brick Front

Lot & Parking

Parking
Built-In garage · 2 total

Financial

Property Taxes
$2,217 (2025)
Condo Fee
$401/mo
Fee Includes
Water Included, Common Elements Included, Building Insurance Included, Parking Included
Pets
Yes-with Restrictions

Location

Neighbourhood
Malvern
Cross Street
Markham Rd & Sheppard Ave E

Listing

MLS® Number
E13872630
Days on Market
11
Listed On
2026-10-07
Possession
Immediate
Listed By
RE/MAX HALLMARK REALTY LTD.

Rooms

Room Level Dimensions
Bathroom Basement 7′ 11″ × 7′ 2″
Dining Room Main 7′ 8″ × 7′ 11″
- Second 4′ 11″ × 6′ 8″
Primary Bedroom Second 10′ 2″ × 15′ 1″
Living Room Main 21′ 6″ × 9′ 10″
Recreation Basement 21′ 6″ × 15′ 1″
Kitchen Main 10′ 9″ × 8′ 2″
Bedroom Second 14′ 0″ × 9′ 10″
Bedroom Second 14′ 0″ × 8′ 2″

Features

Interior

  • None

Mortgage calculator

Minimum for this price: $34,000 (5.76%)

Amortization, years

Estimated mortgage payment

$2,612 per month

Principal and interest
$2,612
Property tax
$185
Condo fees
$401
Estimated monthly cost
$3,198

Your mortgage

Mortgage amount
$472,000
Mortgage insurance
Not needed
Interest over 25 years
$311,718

Cash to close

Down payment
$118,000
Land transfer tax (Ontario + Toronto)
$16,550
Total, before legal fees
$134,550
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

50 Verne Crescent 42, Toronto, ON M1B 2X1 Malvern, Scarborough, ON M1B 2X1
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$590,000 50 Verne Crescent 42, Toronto, ON M1B 2X1
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