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MLS® E13789704For SaleCondo Townhouse

40-200 Mclevin Ave

Malvern, Toronto, Ontario M1B 6C7

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40-200 Mclevin Ave, Toronto, photo 1
Asking$399,999
Bedrooms
2
Bathrooms
1
Size
700–799sq ft
Per sq ft
$534at the range’s middle
Tax a year
$1,5012025 tax year
Parking
1surface
Days on market
Members

The brief

About 40-200 Mclevin Ave

40-200 Mclevin Ave is a 2-bedroom, 1-bathroom condo townhouse in Malvern, Toronto, listed for sale at an asking price of $399,999 (MLS® E13789704).

Outstanding Starter Home With 2 Bedrooms, One Full Washroom, Open Concept Living Space And Plenty More To Brag About! AC Replaced in 2018, Navien Tankless Water Heater Is Owned & Installed in 2020, Clean, Bright, Spacious. Home Backs On To A Treed Area. Close To Ttc, Shopping Centre, Schools And Community Centre.

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Covers costs

    +$24/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 19 condos with 2 bedrooms for lease in Malvern right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$1,501 / 2025
MLS® number
E13789704
Board
TRREB MLS®
Property Type
Condo Townhouse
Days on market
Size
700-799 sqft
Listed on
Parking
Surface, 1 Parking
Listing brokerage: RIGHT AT HOME REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Townhouse
Style
Stacked Townhouse
Community
Malvern
Municipality
Toronto

Building

Size
700-799 sqft
Construction
Brick

Inside

Bedrooms
2
Bathrooms
1
Bathroom Details
1 × 4pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Surface
Additional Parking
1
Total Parking
1

Utilities

Cooling
Other
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
All Existing Appliances (Fridge, Stove, Dishwasher, Microwave, Range Hood, Washer And Dryer), Existing Tankless Water Heater, All Elf's.
Condo maint.
$376

Rooms

RoomSizeFeaturesLevel
Living3.52 × 3.92 mLaminate, Combined W/DiningMain
Dining2.91 × 2.91 mLaminate, Combined W/LivingMain
Primary3.0 × 3.59 mLaminate, B/I ClosetMain
2nd Br2.39 × 2.47 mLaminate, B/I ClosetMain

Listing history

Buy/sell history for 40-200 Mclevin Ave, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$399,999N/AFor SaleE13789704

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $80,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$80,000
Total mortgage amount
$319,999
Total interest payment
$227,501
Total purchase cost
$627,500
Mortgage payment
$1,825/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

19%

Monthly carrying cost

$2,326
$24per month
  • Carrying cost $2,326
  • Surplus $24

Rental income opens at $2,350, the median asking rent of 19 comparable homes for lease in Malvern. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$4,475
Toronto municipal land transfer tax
$4,475
Total land transfer tax
$8,950
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$475
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $399,999
$2,250
Ontario total
$4,475

Toronto’s municipal tax uses the same brackets at this price, so it adds another $4,475.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Zoning

Zone

RM (u136) (x324)

By-law

569-2013

Municipality

Toronto
Residential Multiple Dwelling zone (RM)
  1. 1 u136

    Unit count: at most 136 dwelling units.

  2. 2 x324

    Site-specific exception 324: this site has rules of its own, written in the by-law.

  3. 3 Where this is written

    Chapter 10, section 10.80 of By-law 569-2013 · Exception 900.6.10(324)

  4. 4 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

3 building permits cleared at this address in the City’s file.

  • Other(BA)Closed

    Proposed structural repairs to wood beam

    Issued July 21, 2025

  • Other(SR)Closed

    Repairs tor wood deck/balcony total 46

    Issued April 16, 2024

  • Other(SR)Permit Issued

    Balcony repair to 22 townhouse units

    Issued September 26, 2022

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Signals around this home

Changing nearby

Changing nearby. 4 open development applications within 800 m of this home.

  • 31 TAPSCOTT RDOfficial plan or zoning amendmentOMB Appeal

    Official Plan Amendment and Zoning By-law amendment proposal in order to redevelop the Malvern Town Centre using a Phased approach. The Official Plan amendment seeks to establish a Master Plan for the subject site and the Zoning By-law Amendment (the Phase 1 ZBA) seeks to amend the existing zoning of Phase 1sites, to permit a mixed-use development consisting of a 32 storey and 39 storey building. The total gross floor area is proposed to be 62,387 square metres of which 60,348 square metres will be residential gross floor area, and 2,039 square metres is proposed to be used for grade-related retail uses. An overall density of 9.68 times the lot area is proposed.


    530 m away

  • 1370 NEILSON RDOfficial plan or zoning amendmentUnder Review

    INACTIVE Proposal for a self-storage facility use.


    670 m away

  • 1370 NEILSON RDSite planUnder Review

    INACTIVE Development comprising of a 6-storey self-storage facility.


    670 m away

  • 1333 NEILSON RDOfficial plan or zoning amendmentUnder Review

    Proposed a 6-storey L-shaped residential building plus a rooftop mechanical penthouse on the rear portion of the lands, while maintaining the existing 3-storey medical building in the front portion. Total residential GFA of 8,904.8 sq. m and 434.7 sq. m amenity space, Proposal containing 106 rental apartment dwellings, 43 residential parking spaces and 86 bicycle parking spaces.


    800 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

The market

Condos for sale in Malvern right now

For sale now
46
Median asking price
$577K

Middle half: $499K to $600K

New in 7 days
1

9 in 28 days

Price cuts
20%

9 listings

This home is asking 31% below the median, lower than three quarters of them.

See all homes in Malvern

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
Agincourt GOGO Transit train: Stouffville5 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Berner Trail Junior Public SchoolToronto DSBPublic · grades JK–6650 m56%Grade 6 average
Tom Longboat Junior Public SchoolToronto DSBPublic · grades JK–6700 m80%Grade 6 average
St Barnabas Catholic SchoolToronto CDSBCatholic · grades JK–8800 m76%Grade 6 average
ÉÉC Saint-Jean-de-LalandeConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–82.9 km81%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Lester B Pearson Collegiate InstituteToronto DSBPublic · grades 9–12250 m47%Grade 9 math
St Mother Teresa Catholic AcademyToronto CDSBCatholic · grades 9–121.2 km29%Grade 9 math
St John Paul II Catholic Secondary SchoolToronto CDSBCatholic · grades 9–122.8 km64%Grade 9 math
ÉSC Père-Philippe-LamarcheConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–127.3 km55%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Malvern are shown to signed-in members.

Email Yossi Kaplan, MBA, Salesperson