Listed for:Listed 8 days ago
$590,000

Unit 42, 50 Verne Crescent

Scarborough (Malvern), ON M1B 2X1

Condo Townhouse For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for Unit 42, 50 Verne Crescent, Scarborough, Malvern

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 42, 50 Verne Crescent, Scarborough, Malvern

Summarized Description

  • Upgraded 3-bedroom, 3-bathroom condo townhouse.
  • Finished basement offers additional living space.
  • Private outdoor space with backyard access.
  • Functional layout across multiple levels.
  • Close to universities, public transit, and shopping.
  • Excellent potential for extended family or rental use.
  • Well-sized bedrooms suitable for families or home office.

Welcome to this upgraded 3-bedroom, 3-bathroom condo townhouse offering a functional layout, comfortable living space, and added flexibility across multiple levels. The kitchen provides plenty of room for everyday living and features a walkout to the backyard, creating an easy connection to the outdoor space. Three well-sized bedrooms offer room for families, guests, or a home office. The finished basement adds valuable additional living space and offers excellent potential for extended family, a recreation area, or possible rental use. Ideally located close to the University of Toronto Scarborough, Centennial College, public transit, shopping, everyday amenities, and Highway 401. With its finished lower level, private outdoor space, and convenient location, this home represents excellent value and a great opportunity.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,217
Land Transfer Tax Fee
$16,550

Condo/Maintenance Fee

Maintenance Fee
$401 /month

Included In Maintenance Fee

  • Water Included
  • Common Elements Included
  • Building Insurance Included
  • Parking Included

Basement Type
Finished

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Ensuite
Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
None

Building

Building Type
Condo Townhouse
Building Style
2-Storey
Condo Corp Number
519

Construction

Exposure
East
Exterior Finish
Stucco (Plaster), Brick Front
Special Designation
Unknown

Parking & Garages

Garage Type
Built-In
Garage Spaces
1
Parking Type
Exclusive
Parking Spaces
1
Total Garage And Parking Spaces
2

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None

Bedrooms
3
Washrooms
3
Kitchens
1

Room sizes

  • Living Room—
    Main level, Window, Hardwood Floor
  • Kitchen—
    Main level, Tile Floor, Combined w/Dining
  • Bathroom—
    Basement level, 4 Pc Bath, Double Sink
  • Dining Room—
    Main level, Tile Floor, Combined w/Kitchen, Walk-Out
  • Room—
    Second level, 4 Pc Bath
  • Primary Bedroom—
    Second level, Hardwood Floor, Closet, Window
  • Recreation—
    Basement level, Hardwood Floor, Walk-In Closet(s)
  • Bedroom—
    Second level, Window, Closet
  • Bedroom—
    Second level, Closet, Window

Washrooms

  • 2-piece, Main
  • 4-piece, Second
  • 4-piece, Basement

Municipality
Scarborough
Neighbourhood
Malvern
Main cross streets
Markham Rd & Sheppard Ave E
Directions
Markham Rd & Sheppard Ave E

MLS® number
E13872630
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-07
Updated on
2026-10-14
Days on market
8 days
Possession type
Immediate
Co-op commission
2% + HST
Seller
Listed by
RE/MAX HALLMARK REALTY LTD.

Home Market Value

Current home valuation for Unit 42, 50 Verne Crescent, Scarborough, Malvern, Scarborough, ON. Listed for $590,000

HOMEH Estimate

?

$567,327

Estimated Sales Range

?

$448,188 - $686,466

HOMEH Estimate for Unit 42, 50 Verne Crescent, Scarborough, Malvern

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$567,327Medium confidence
Based on 8 comparable properties
+ $22,673 (4%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Scarborough, ON
Minimum Down Payment Required:5.8%

5% on first $500K + 10% on $90,000 over $500K

Minimum down payment

$34,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$22,231$16,461$14,042$0
=Total mortgage
$578,011$547,461$515,542$472,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,822monthly$2,673monthly$2,517monthly$2,305monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$8,275

Municipal (Toronto)

$8,275

Total Land Transfer Tax

$16,550

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