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$465K · 3+1 bed Condo Apartment · Malvern, Toronto | MyPropertyScout

$465,000

Unit 209

3+12OwnerOccupied

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$465,000

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Unit 209

8 Silverbelle Grove · Toronto · Ontario M1B 4Z3

MLS® E12731462 · Malvern · M1B 4Z3

3+12OwnerOccupied1200-1399 ft²Condo Apartment1-car Underground$358/ft²$1,109 tax/yrBuilt 198541 yrs old

7% below market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

3+1 Stunning corner suite offering lots of natural light and among largest open concept floor plans in building(.Solarium could be used as 4th bedroom), 2 full washrooms. Kitchen entertains guests with granite L shaped countertops and 2 stool seating. Prime location with green park view .Walk to TTC, Mall , Community Ctr, Junior & Middle School, churches, Medical Bldg, Upgraded elevators/24 hr Security

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Property details

MLS#: E12731462
Status: Buy Now
Beds: 3+1
Baths: 2 full, 0 half
Size: 1200-1399
Style: Apartment
Type: Condo Apartment
Year built: —

Condo corp #: 893
Balcony: None
Locker: Owned
Fees include: Heat Included, Water Included, CAC Included, Building Insurance Included, Parking Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Sheppard/Neilson
Basement: None
Stories: 2
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free, Primary Bedroom - Main Floor, Storage Area Lockers
Parking features: —

Rooms

Level	Room	Dimensions
Flat	Living Room	3.05m × 4m
Flat	Dining Room	3.05m × 3.65m
Flat	Kitchen	3.05m × 3.45m
Flat	Bedroom	3.25m × 3.7m
Flat	Bedroom 2	2.91m × 3.05m
Flat	Bedroom 3	3m × 4.15m
Flat	Solarium	2.45m × 3.85m
Flat	Pantry	0.5m × 1m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX CROSSROADS REALTY INC.

Source: TRREB/PROPTX · MLS® E12731462

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$465K

Unit 209 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $465,000✓ $1,109 tax✓ Gas✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,845/mo

incl. closing costs (yr 1)

Annual total

$58,134

year 1

Mortgage only

$1,764/mo

principal + interest

Beyond mortgage

$2,141/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$93,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$92/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,300 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,650/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$103/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$5,775

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)36% $21,169/yr

Property taxes12% $6,884/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance8% $4,650/yr

Condo fees25% $14,772/yr

Closing costs9% $5,100/yr

Mortgage is 36% of your true cost of ownership. The other 64% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$21,169	$1,764/mo
Government & taxes
Property tax	$1,109	$92/mo
Land transfer tax(closing)	$5,775	$481/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,650	$388/mo
Condo fees
Condo / HOA fees	$14,772	$1,231/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$58,134	$4,845/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 209

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs