$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
Features
Interior
- None
Mortgage calculator
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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $134,550
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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