- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700–799sq ft
- Per sq ft
- $801at the range’s middle
- Tax a year
- $1,1582025 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 56-1359 Neilson Rd
56-1359 Neilson Rd is a 2-bedroom, 2-bathroom condo townhouse in Malvern, Toronto, listed for sale at an asking price of $599,999 (MLS® E13593648).
This stylish condo townhouse in the Malvern community offers 2 bedrooms and 2 bathrooms, along with both front and back balconies. Locatedin the Sky Lofts Urban Townhouses, the home features a bright, modern design with a generous north-facing layout. It comes with one underground parking spot and an additional locker for storage.Inside, you'll find hardwood floors throughout, a beautifully updated kitchen, and alarge private patio equipped with a gas hookup-perfect for outdoor enjoyment. The property is ideally situated within walking distance ofCatholic and public elementary schools, as well as nearby secondary schools. Public transit is easily accessible with TTC service just stepsaway, and major highways including the 401 and 407 are close by, making commuting simple and convenient. Very lw property taxes and maintenance fee. 24hours notice required for showing.
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall34/100−$819/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
- $1,158 / 2025
- MLS® number
- E13593648
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Days on market
- Size
- 700-799 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
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
- 2
- Bathroom Details
- 2 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- Yes
- Family room
- Yes
- Extras
- s/s Dishwasher, Dryer, Electric Oven/Electric Range, Freezer, Microwave, Microwave Hood Fan, Washer, Window Coverings, 1 underground parkingand 1 storage locker
- Condo maint.
- $335
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Bathroom | 1.25 × 2.59 m | 4 Pc Bath | Main |
| Bathroom | 1.25 × 2.62 m | 4 Pc Ensuite | Main |
| Br | 2.77 × 2.59 m | — | Main |
| Kitchen | 2.34 × 3.93 m | — | Main |
| Living | 2.16 × 3.93 m | — | Main |
| Primary | 3.5 × 2.16 m | — | Main |
| Utility | 1.46 × 0.85 m | — | Main |
Listing history
Buy/sell history for 56-1359 Neilson Rd, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $599,999 | N/A | For Sale | E13593648 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
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
- $120,000
- Total mortgage amount
- $479,999
- Total interest payment
- $341,401
- Total purchase cost
- $941,400
- Mortgage payment
- $2,738/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
44%Monthly carrying cost
$3,169- Rent $2,350
- Shortfall $819
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
- $8,475
- Toronto municipal land transfer tax
- $8,475
- Total land transfer tax
- $16,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $8,475
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 $400,000
- $2,250
- 2.0% from $400,000 to $599,999
- $4,000
- Ontario total
- $8,475
Toronto’s municipal tax uses the same brackets at this price, so it adds another $8,475.
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
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m9 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 14 building permits issued within 250 m in the last 2 years250 m
- 3 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Mapped parcel: about 82,510 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 450 m450 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Viva Healthcare Packaging (Canada) Ltd., 1.3 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 130 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (130 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.130 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Rogers. Cable: INNSYS, Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
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
By-law
See Former City of Scarborough Malvern Community By-Law No. 14402What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 5 open development applications within 800 m of this home.
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.
100 m away1370 NEILSON RDOfficial plan or zoning amendmentUnder Review
INACTIVE Proposal for a self-storage facility use.
230 m away1370 NEILSON RDSite planUnder Review
INACTIVE Development comprising of a 6-storey self-storage facility.
230 m away31 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.
460 m away150 WICKSON TRLSite planUnder Review
Application to amend a Site Plan Agreement to recognize a proposed 112 square metre addition to the existing elementary school
740 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
- New in 7 days
- 1
- Price cuts
- 20%
Middle half: $499K to $600K
9 in 28 days
9 listings
This home is asking 4% above the median.
See all homes in MalvernAsking 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
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Sacred Heart Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 350 m | 75%Grade 6 average |
| Mary Shadd Public SchoolToronto DSB | Public · grades JK–8 | 550 m | 66%Grade 6 average |
| St Gabriel Lalemant Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 700 m | 55%Grade 6 average |
| ÉÉC Saint-Jean-de-LalandeConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 3.6 km | 81%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Mother Teresa Catholic AcademyToronto CDSB | Catholic · grades 9–12 | 400 m | 29%Grade 9 math |
| Lester B Pearson Collegiate InstituteToronto DSB | Public · grades 9–12 | 850 m | 47%Grade 9 math |
| St John Paul II Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 2.7 km | 64%Grade 9 math |
| ÉSC Père-Philippe-LamarcheConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 8 km | 55%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.