- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 700–799sq ft
- Per sq ft
- $732at the range’s middle
- Tax a year
- $2,5912025 tax year
- Built
- 0-5
- Parking
- 1underground
- Days on market
- Members
The brief
About 2-245 Mclevin Ave
2-245 Mclevin Ave is a 2-bedroom, 1-bathroom condo townhouse in Malvern, Toronto, listed for sale at an asking price of $549,000 (MLS® E13216648).
Welcome to this beautifully maintained, modern home at 245 McLevin Avenue, Unit 2, located in one of Scarborough's most desirable communities. Less than 5 years old, this well-maintained property offers contemporary living with exceptional convenience. Enjoy the benefits of living in a highly desirable neighborhood with exceptional access to everyday amenities: Walking distance to shopping plazas, grocery stores, restaurants, cafés, and popular establishments, including McDonald's and other dining options. Minutes to Highway 401, providing seamless access across the GTA.Excellent public transportation options with quick access to TTC routes and GO Transit for easy commuting.Close to parks, playgrounds, recreational centres, fitness facilities, and community amenities.Near reputable schools, childcare centres, and educational institutions.Convenient access to hospitals and healthcare centres. Don't miss this opportunity to own a modern home in one of Scarborough's most convenient and in-demand locations.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall40/100−$597/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 18 condos with 2 bedrooms for lease in Malvern right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,591 / 2025
- MLS® number
- E13216648
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Building Age
- 0-5
- Days on market
- Size
- 700-799 sqft
- Listed on
- Parking
- Underground, 1 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- Stacked Townhouse
- Community
- Malvern
- Municipality
- Toronto
Building
- Size
- 700-799 sqft
- Building Age
- 0-5
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- Yes
- Family room
- Yes
- Condo maint.
- $226
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 2.8 × 7.19 m | Open Concept, Combined W/Kitchen, Laminate | Main |
| Br | 2.4 × 2.8 m | Broadloom | Main |
| 2nd Br | 2.66 × 3.63 m | Broadloom | Main |
| Kitchen | 2.2 × 2.5 m | Ceramic Floor, Stainless Steel Appl | Main |
Listing history
Buy/sell history for 2-245 Mclevin Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $549,000 | N/A | For Sale | E13216648 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $109,800
- Total mortgage amount
- $439,200
- Total interest payment
- $312,300
- Total purchase cost
- $861,300
- Mortgage payment
- $2,505/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
39%Monthly carrying cost
$2,947- Rent $2,350
- Shortfall $597
Rental income opens at $2,350, the median asking rent of 18 comparable homes for lease in Malvern. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $7,455
- Toronto municipal land transfer tax
- $7,455
- Total land transfer tax
- $14,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $6,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $549,000
- $2,980
- Ontario total
- $7,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $7,455.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m9 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 1 building permit issued within 250 m in the last 2 years250 m
Province of Ontario open data · Municipal building permits
Around the home2
- Nearest rail line: 300 m300 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is DART Canada Inc. — SOLO CUP CANADA INC.-SCARBOROUGH, 1.3 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Rogers. Cable: INNSYS, Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RA (au37.6) (x611)By-law
569-2013Municipality
Toronto1 au37.6
Lot area: at least u37.6 m² per dwelling unit.
2 x611
Site-specific exception 611: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 15, section 15.10 of By-law 569-2013 · Exception 900.7.10(611)
4 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 4 open development applications within 800 m of this home.
31 TAPSCOTT RDOfficial plan or zoning amendmentOMB Appeal
Official Plan Amendment and Zoning By-law amendment proposal in order to redevelop the Malvern Town Centre using a Phased approach. The Official Plan amendment seeks to establish a Master Plan for the subject site and the Zoning By-law Amendment (the Phase 1 ZBA) seeks to amend the existing zoning of Phase 1sites, to permit a mixed-use development consisting of a 32 storey and 39 storey building. The total gross floor area is proposed to be 62,387 square metres of which 60,348 square metres will be residential gross floor area, and 2,039 square metres is proposed to be used for grade-related retail uses. An overall density of 9.68 times the lot area is proposed.
350 m away1370 NEILSON RDOfficial plan or zoning amendmentUnder Review
INACTIVE Proposal for a self-storage facility use.
460 m away1370 NEILSON RDSite planUnder Review
INACTIVE Development comprising of a 6-storey self-storage facility.
460 m away1333 NEILSON RDOfficial plan or zoning amendmentUnder Review
Proposed a 6-storey L-shaped residential building plus a rooftop mechanical penthouse on the rear portion of the lands, while maintaining the existing 3-storey medical building in the front portion. Total residential GFA of 8,904.8 sq. m and 434.7 sq. m amenity space, Proposal containing 106 rental apartment dwellings, 43 residential parking spaces and 86 bicycle parking spaces.
580 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Malvern right now
- For sale now
- 46
- Median asking price
- $577K
- New in 7 days
- 1
- Price cuts
- 20%
Middle half: $499K to $600K
9 in 28 days
9 listings
This home is asking 5% below the median.
See all homes in MalvernAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Berner Trail Junior Public SchoolToronto DSB | Public · grades JK–6 | 600 m | 56%Grade 6 average |
| Tom Longboat Junior Public SchoolToronto DSB | Public · grades JK–6 | 700 m | 80%Grade 6 average |
| St Gabriel Lalemant Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 800 m | 55%Grade 6 average |
| ÉÉC Saint-Jean-de-LalandeConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 3.1 km | 81%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Lester B Pearson Collegiate InstituteToronto DSB | Public · grades 9–12 | 250 m | 47%Grade 9 math |
| St Mother Teresa Catholic AcademyToronto CDSB | Catholic · grades 9–12 | 1 km | 29%Grade 9 math |
| St John Paul II Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 2.8 km | 64%Grade 9 math |
| ÉSC Père-Philippe-LamarcheConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 7.5 km | 55%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Malvern are shown to signed-in members.