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$399,000
DOM31days20 Orchid Place Drive · Toronto · Ontario M1B 0E1
31 days on market
Exceptional Value****** Daniels Built (2021). This open-concept one-bedroom-plus-den suite (Den can be used as a bedroom) is ideally located in the heart of Scarborough's vibrant community. Perfect for first-time buyers starting a family or investors (cash flow positive rental ), it includes One parking space and offers reasonable maintenance fees. Walk to Markham and Sheppard Plaza, Food Basics, Shoppers Drug Mart, restaurants, banks, parks, places of worship and the Chinese Cultural Centre. Co…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: PROPERTY.CA INC.
Source: TRREB/PROPTX · MLS® E13814232
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~650 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 40% of your true cost of ownership. The other 60% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $18,164 | $1,514/mo |
| Government & taxes | ||
| Property tax | $2,003 | $167/mo |
| Land transfer tax(closing) | $4,460 | $372/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%) | $3,990 | $333/mo |
| Condo fees | ||
| Condo / HOA fees | $5,773 | $481/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 | $45,050 | $3,754/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.