$699,000
Est. payment $3,095/moCalculate yours
50 Verne Crescent 22, Toronto, ON M1B 2Z1
Malvern, Scarborough, ON M1B 2Z1
- 3 Beds
- 2 Baths
- 1 Garage
- 1,200 Sq Ft
Listing courtesy of PSR MLS® E13476878
About this home
Welcome to this beautifully updated three-storey condo townhome nestled in a desirable Scarborough community. Bright, spacious, and thoughtfully designed, this home features an open-concept layout that is both functional and inviting.The fully renovated kitchen showcases upgraded quartz countertops and modern finishes, seamlessly flowing into the living and dining areas, perfect for both everyday living and entertaining. The living room is highlighted by soaring vaulted ceilings and a cozy gas fireplace, creating a warm and airy atmosphere filled with natural light. This meticulously maintained home also offers updated washrooms and a newer roof with the option to add a skylight for even more natural light. Located in a well managed and quiet complex, this property is conveniently located close to parks, schools, shopping, transit, major highways, and the world-renowned Toronto Zoo. An excellent opportunity for first-time home buyers, down-sizers, or investors seeking a move-in-ready home in a fantastic location. Just move in and enjoy!
Property details
Overview
- Property Type
- Condo Townhouse
- Style
- 3-Storey
- For
- For Sale
- Status
- New
- Size
- 1,200 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Unfinished
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Brick
Lot & Parking
- Parking
- Attached garage · 2 total
Financial
- Property Taxes
- $2,163 (2026)
- Condo Fee
- $401/mo
- Fee Includes
- Common Elements Included, Building Insurance Included, Parking Included, Water Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- Malvern
- Cross Street
- Markham Rd & Sheppard Ave
Listing
- MLS® Number
- E13476878
- Days on Market
- 118
- Listed On
- 2026-06-22
- Possession
- Flexible
- Listed By
- PSR
Rooms
Features
Interior
- None
Property
- Place Of Worship
- Public Transit
- School
- Park
Amenities
- Visitor Parking
- Included
- Stainless Steel Appliances - Fridge, stove, dishwasher, Microwave, existing light fixtures, Washer & Dryer
- Excluded
- None
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$3,095 per month
- Principal and interest
- $3,095
- Property tax
- $180
- Condo fees
- $401
- Estimated monthly cost
- $3,676
Your mortgage
- Mortgage amount
- $559,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $369,306
Cash to close
- Down payment
- $139,800
- Land transfer tax (Ontario + Toronto)
- $20,910
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $160,710
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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