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$349,000
15 Sewells Road · Toronto · Ontario M1B 3V7
141 days on market
Welcome to this bright and spacious 2-bedroom, 1-bathroom turn-key condo offering a full top-to-bottom transformation in the heart of Malvern! Perfect for modern living, this beautifully updated gem features brand-new, durable luxury vinyl flooring flowing seamlessly throughout. At the heart of the home is a stunning, fully redesigned kitchen complete with sleek quartz countertops, a dedicated pantry for extra storage, a built-in recycling centre, and a convenient rough-in for a built-in dishwas…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
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Seller signals
↓ $26KPrice reduction
MLS shows the seller reduced the asking price by $26,000 (from $375,000 to $349,000).
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: ENGEL & VOLKERS TORONTO CENTRAL
Source: TRREB/PROPTX · MLS® E13238012
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~850 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 33% of your true cost of ownership. The other 67% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $15,888 | $1,324/mo |
| Government & taxes | ||
| Property tax | $1,010 | $84/mo |
| Land transfer tax(closing) | $3,710 | $309/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%) | $3,490 | $291/mo |
| Condo fees | ||
| Condo / HOA fees | $13,640 | $1,137/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 | $48,398 | $4,033/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.