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Let's paint a picture of how 103 Malvern could be the perfect multi generational living solution. With so many articles in the news about multi-generational living options to combat the higher prices in the city, this house is the one that offers a complete set of solutions. The main house - there are 3 completely separate units self-contained with private entrances & outdoor space. A condo like the main floor space would cost $850k+. 3 bedroom spaces like the 2nd and 3rd floor start at $1.2M. The basement suite would bring in extra income of $2400 OR would be perfect for the younger members of the family to get a solid start in the city. Behind the main house is a city approved for a 1700 sqft garden suite that would rival most homes on the street. This is NOT potential BUT approved. Land value is $1M+ for gdn suite. Finally the parking. Most multi-generational options have limited parking. This lot includes a bonus strip of land extending south off the back of the lot. Enough room for 4 parking spots.
Approved plans to build a 1700 sqft - 3 bed, 2.5 bath garden suite with loft. Utilities pre run to rear of property. Orphaned lane owned to accommodate 4 additional parking spaces in addition to garden suite. Vacant Occupancy Guaranteed.
City: Toronto
Neighborhood: East End-Danforth
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Mar 3, 2022 | 2 | $1,699,000 | $1,602,500 | Sold | E5522074 |
Feb 16, 2022 | 15 | $1,599,900 | N/A | Terminated | E5504302 |
Nov 9, 2006 | 10 | $455,000 | $440,000 | Sold | E1025018 |
Oct 17, 2005 | 75 | $499,000 | N/A | Expired | E777113 |
Aug 4, 2005 | 37 | $565,000 | N/A | Terminated | E729257 |
Apr 23, 2003 | 12 | $409,000 | $392,000 | Sold | E238564 |
Feb 16, 2003 | 63 | $439,000 | N/A | Expired | E200014 |
Purchase Price | $2799000 |
Down Payment | $559800 |
Mortgage Insurance | $0 |
Total Mortgage | $2239200 |
Mortgage Payment | $13799 |
Property Taxes | $520 |
Maintenance Fees | $0 |
Monthly Payment | $14319 |
Sold Comparables homes near 103 Malvern Ave, Toronto
Located at 103 Malvern Ave , this Toronto house is available for sale. This property was listed for $2,695,000 on Wed May 08 2024. This house's size is 25.33 x 140.00 Feet. It has 5 bedrooms and 4 bathrooms. The property includes the following rooms: Living, Kitchen, Br, Br, Kitchen, Dining, Living, Br, Br, Br, Living, Kitchen. This property comes with 4 parking spots. 103 Malvern Ave, Toronto is situated in the East End-Danforth neighbourhood.
MLS#: E8078414 · $2,695,000 · 5 bedroom house in East End-Danforth, Toronto