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    Toronto / Scarborough / Malvern | White Haven

    22 - 50 Verne Cres

    For SaleVerne Cres & Malvern St Townhomes
    $848,000
    Price Increase: $700,000
    3 Beds
    2 Bath
    2 Parking
    1,200 - 1,399 SQFT
    89 Days on Strata
    Est Sell Timeframe
    21 Days

    Listing History

    Unit Highlights

    Property Type:
    Townhouse
    Maintenance Fees:
    $387/mth
    Taxes:
    $2,017 (2024)
    Cost Per Sqft:
    $606 - $707/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    South
    Possession Date:
    November 15, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Wall Unit
    Heat Source
    Electric
    Heating
    Baseboard

    Room Dimensions

    Living
    Large Window, Open Concept, Fireplace
    18.37 x 13.45ft
    Bedroomeakfast
    O/Looks Living, Laminate
    11.16 x 9.51ft
    Kitchen
    Stainless Steel Appliances, Window, Quartz Counter
    18.37 x 8.2ft

    About this Listing

    Welcome To This Stunning Open Concept Three-Storey Townhouse Located In The Heart Of Scarborough! Very Bright, Spacious, Renovated, And Tastefully Decorated! Fully Renovated Kitchen With Upgraded Quarts Countertops, renovated Washrooms and Open Concept Living Room With Gas Fireplace And Extra High 14 ft Vaulted Ceilings! New Roof With Option For A Skylight, Extremely Well Maintained Condo Located In A Great Complex. Close to Parks, Schools, Shopping, Transit, Highways, The Toronto Zoo And Much More. Great For Down-sizer's, Up-sizers, Investors and First Time Home Buyers. Just Move In And Enjoy! Motivated Seller!

    psrMLS® #E9264662

    Amenities

    Indoor Parking
    BBQs Allowed
    Visitor Parking
    Bike Storage

    Explore Neighbourhood

    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.

    Similar Listings

    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
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    19%
    50 - 64
    21%
    65+
    19%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    27%
    $60,000+
    15%
    $90,000+
    7%
    $125,000+
    2%
    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%

    Price Trends

    Building Trends At Verne Cres & Malvern St Townhomes

    Days on Strata

    Units at Verne Cres & Malvern St Townhomes spend an average of
    166
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Malvern | White Haven

    Turnover of Units

    On average, each unit is owned for
    19.2
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 41 condos in the Malvern | White Haven area

    Sold Units

    1
    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 RangeNo Data$840,000
    Avg. Cost Per SqftNo Data$655
    Avg. Wait for Unit Availability77 Days94 Days
    Ratio of Units in Building61%39%

    Transactions vs Inventory

    Total number of units listed and sold in Malvern | White Haven