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    2 - 50-64 Verne Crescent

    For SaleVerne Cres & Malvern St Townhomes
    $850,999
    Price Cut: $875,888
    4 Beds + 1
    3 Bath
    3 Parking
    1,200 - 1,399 SQFT
    136 Days on Strata
    Est Sell Timeframe
    5 Days

    Listing History

    Unit Highlights

    Property Type:
    Townhouse
    Cost Per Sqft:
    $608 - $709/sqft
    Maintenance Fees:
    $375/mth
    Taxes:
    $1,966 (2023)
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    West
    Possession Date:
    February 28, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Unit Details

    Air Conditioning
    Window Unit
    Heat Source
    Electric
    Heating
    Baseboard
    Ensuite Laundry
    Yes

    Room Dimensions

    Living
    Laminate, Combined with Dining, Open Concept
    21.29 x 10.99ft
    Dining
    Laminate, Combined with Living, Walkout To Yard
    21.29 x 10.99ft
    Kitchen
    Ceramic Floor, Quartz Counter, Custom Backsplash
    8.3 x 8.89ft

    About this Listing

    Excellent Location! Fully renovated Spacious 4+1 Bedroom Townhouse, Renovated kitchen with Quartz Countertop, Custom Backsplash, New Roof (2022). Located close to The Mosque, Minutes to Hwy 401, Steps to 24 Hour TTC Bus Line. Close To School and Shopping. Family Sized Eat-In Kitchen. Back Yard To BBQ Family. Built-in Garage. Gas Line already installed.

    ExtrasFridge, Stove, Range Hood, Dishwasher, Washer & Dryer. New Light Fixtures.

    right at home realtyMLS® #E7373630


    Amenities

    Indoor Parking
    BBQ
    Bike Storage
    Visitor Parking

    Nearby Amenities

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    3/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    13,439
    Average Individual Income
    $61,171
    Average Household Size
    3 persons
    Average Age
    41
    Average Household Income
    $110,681
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    50%
    High Rise Apartment
    23%
    Semi Detached
    12%
    Duplex
    9%
    Low Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    72%
    Other
    10%
    Tamil
    6%
    Cantonese
    4%
    Mandarin
    3%
    Tagalog
    2%
    Urdu
    2%
    Punjabi
    1%
    Education
    High School
    28%
    University and Above
    26%
    College
    20%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    18%
    Health & Related Fields
    15%
    Social Sciences
    12%
    Math & Computer Sciences
    7%
    Physical Sciences
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    3%
    Humanities
    3%
    Visual & Performing Arts
    3%

    Days on Strata

    Units at Verne Cres & Malvern St Townhomes spend an average of
    15
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    19.4
    YEARS before being sold again

    Property Value

    12%
    Increase in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 41 condos in the Malvern | White Haven area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    Verne Cres & Malvern St Townhomes offers the
    ?
    best value out of 41 condos in the Malvern | White Haven neighbourhood

    Appreciation Rank

    Verne Cres & Malvern St Townhomes has the
    ?
    highest ROI out of 41 condos in the Malvern | White Haven neighbourhood

    Rental Yield

    Verne Cres & Malvern St Townhomes yields the
    ?
    highest rent prices out of 41 condos in the Malvern | White Haven neighbourhood

    High Demand

    Verne Cres & Malvern St Townhomes is the
    ?
    most popular building out of 41 condos in the Malvern | White Haven neighbourhood

    Transaction Insights at 50-64 Verne Crescent

    3 Bed3 Bed + Den
    Price Range$800,000 - $880,000$851,000 - $890,000
    Avg. Cost Per Sqft$671$645
    Avg. Wait for Unit Availability86 Days76 Days
    Ratio of Units in Building58%41%

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