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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 21 days

    Unit 22 — 50 Verne Crescent

    Malvern·Toronto, ON·M1B 2Z1·Near Markham Rd & Sheppard Ave

    • 3 beds
    Toronto real estate›E13476878
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    1 upcoming open house

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Sun, Jul 12
      2026-07-12T18:00:00.000-00:00 – 2026-07-12T20:00:00.000-00:00
      Public
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    Overview

    What this listing tells us

    Property description

    Welcome to this beautifully updated three-storey condo townhome nestled in a desirableScarborough community. Bright, spacious, and thoughtfully designed, this home features anopen-concept layout that is both functional and inviting.The fully renovated kitchen showcasesupgraded quartz countertops and modern finishes, seamlessly flowing into the living and diningareas-perfect for both everyday living and entertaining. The living room is highlighted bysoaring vaulted ceilings and a cozy gas fireplace, creating a warm and airy atmosphere filledwith natural light.This meticulously maintained home also offers updated washrooms and a newerroof with the option to add a skylight for even more natural light. Located in a well-managedand quiet complex, this property is conveniently located close to parks, schools, shopping,transit, major highways, and the world-renowned Toronto Zoo. An excellent opportunity forfirst-time buyers, down-sizers, or investors seeking a move-in-ready home in a fantasticlocation. Just move in and enjoy!

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 22, 2026ListedCurrentFor sale$699,000 —E13476878This page
    Mar 7, 2026Previously listedTer$725,000 —E12858474View
    Aug 14, 2025Previously listedExp$759,000 —E12343788View
    Jun 5, 2025Previously listedExp$749,000 —E12199644View
    Apr 3, 2025Previously listedTer$799,000 —E12060909View
    Aug 21, 2024Previously listedExp$848,000 —E9264662View
    Jul 12, 2024Previously listedTer$799,000 —E9035819View
    Jun 21, 2024Previously listedTer$859,000 —E8467184View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      3
      Heating
      Baseboard
      Air conditioning
      None
      Fireplaces
      1
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 22 — 50 Verne Crescent
    What's nearby

    Points of interest classified by the MLS® feed.

    • Place Of Worship
    • Public Transit
    • School
    • Park
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $3,434
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $180
    0.31% mill rate · ON
    The market

    How this home sits in the Toronto market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Toronto market right now

    Average sold price, days on market, and closed-transaction count for Toronto — sourced from MLS®.

    • Avg sold price
      $1,093,151
      Last 30 days
    • Median sold price
      $861,167
      Middle of the market
    • Days on market
      29 d
      Avg from list to close
    • Closed last 30d
      6,997
      MLS® transactions
    Full Toronto market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 22 — 50 Verne Crescent — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 22 — 50 Verne Crescent and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 22 — 50 Verne Crescent listed for?

      Unit 22 — 50 Verne Crescent is listed at $699,000 on the MLS® (listing E13476878). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 22 — 50 Verne Crescent have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 2 baths
  2. 1200-1399 sqft
  3. Condo Townhouse
  4. Asking
    $699,000
    $0 / sqft · MLS® E13476878
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,093,151
    $1,005,699Confidence range$1,180,603
    Asking vs estimate
    ↓below
    −$394,151
    (-36.1%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Toronto sell in about 29 days — this one has been listed 21 days.

    Avg sold price
    $1,093,151
    Median sold
    $861,167
    Avg days on market
    29
    Recently sold
    6997
    See comparable sales
    Welcome to this beautifully updated three-storey condo townhome nestled in a desirableScarborough community.
  6. Located in a well-managedand quiet complex, this property is conveniently located close to parks, schools, shopping,transit, major highways, and the world-renowned Toronto Zoo.
  7. Just move in and enjoy!
  8. Ask Zara a follow-up

    Parking & garage

    4
    Garage
    Attached
    Garage spaces
    1
    Parking spaces
    2
    Driveway
    1
  9. Interior

    5
    Basement
    Unfinished
    Family room
    N
    Kitchens
    1
    Total rooms
    8
    Laundry level
    Lower Level
  10. Exterior & construction

    3
    Exterior
    Brick
    Patio
    None
    Balcony
    None
  11. Listing & possession

    4
    Possession
    2026-07-30T00:00:00.000-00:00
    Occupancy
    Flexible
    Property style
    3-Storey
    Property class
    Condo Townhouse
  12. Room-by-room · 8 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    1 room
    • Living Room
      large window · w/o to patio · fireplace
      18.4 × 13.5 ft

    Second level

    3 rooms
    • Kitchen
      stainless steel appl · window · backsplash
      18.4 × 8.2 ft
    • Dining Room
      overlooks living · laminate
      11.2 × 9.5 ft
    • Breakfast
      overlooks dining · laminate
      11.2 × 9.5 ft

    Third level

    3 rooms
    • Bedroom 3
      window · closet · broadloom
      9.2 × 8.9 ft
    • Primary Bedroom
      large window · closet · broadloom
      16.4 × 10.8 ft
    • Bedroom 2
      window · closet · broadloom
      9.5 × 13.8 ft

    Lower level

    1 room
    • Laundry
      concrete floor · unfinished · window
      11.2 × 13.5 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $401
    per month
    Maintenance fee includes
    • Water
    • Parking
    Building details
    • Unit11
    • Storeys (building)1
    • ExposureSouth
    • LockerNone
    • Parking typePrivate
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corpYCC
    • Corp #519
    • Property managerNewton-Trelawney
    Building amenities
    • Visitor Parking
    Combined estimate
    $3,614
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $3,434
    /mo
    based on the purchase price of $699,000
    $139,800 cash
    $559,200 financed
    $470,993 total interest
    Monthly payment$3,434/ month
    Principal54%$559,200
    Interest46%$470,993

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo townhouses that just sold in Toronto

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 30 Hargrave Lane
      Sold
      Sign in for price
      30 Hargrave Lane
      Condo Townhouse
    • 717 Lawrence Avenue
      Sold
      Sign in for price
      717 Lawrence Avenue
      Condo Townhouse
    • 7B Clarendon Avenue
      Sold
      Sign in for price
      7B Clarendon Avenue
      Condo Townhouse
    • 2 Southill Drive
      Sold
      Sign in for price
      2 Southill Drive
      Condo Townhouse
    • 12 Foundry Avenue
      Sold
      Sign in for price
      12 Foundry Avenue
      Condo Townhouse
    • 3035 Finch Ave Avenue
      Sold
      Sign in for price
      3035 Finch Ave Avenue
      Condo Townhouse
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 22 — 50 Verne CrescentThis home3 / 212,001,399$699,000ask———
    30 Hargrave Lane3 / 31,600—
    717 Lawrence Avenue2 / 2700—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More condo townhouses in Toronto

    Active listings within ±20% of this asking price.

    • 121 Centennial Road
      $619,900
      121 Centennial Road
      Condo Townhouse 3 2
    • 11 Applewood Lane
      $799,000
      11 Applewood Lane
      Condo Townhouse 3 3
    • 331 Military Trail
      $649,000
      331 Military Trail
      Condo Townhouse 3 2
    • 7 Applewood Lane
      $639,000
      7 Applewood Lane
      Condo Townhouse 2 2
    • 35 Somers Avenue
      $829,900
      35 Somers Avenue
      Condo Townhouse 3 2
    • 189 Galloway Road
      $629,900
      189 Galloway Road
      Condo Townhouse 2 1
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  13. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  14. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  15. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  16. Public listing courtesy of PSR · displayed on Summitly per MLS® data-share rules

    Unit 22 — 50 Verne Crescent is a 3-bedroom, 2-bath, 1200-1399 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  17. When was Unit 22 — 50 Verne Crescent built?

    The year built for Unit 22 — 50 Verne Crescent isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  18. What is the property tax for Unit 22 — 50 Verne Crescent?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 22 — 50 Verne Crescent plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  19. How much would the monthly mortgage be on Unit 22 — 50 Verne Crescent?

    The affordability calculator on this page shows an estimated monthly mortgage for $699,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  20. Has Unit 22 — 50 Verne Crescent been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 22 — 50 Verne Crescent with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  21. What neighbourhood is Unit 22 — 50 Verne Crescent in?

    Unit 22 — 50 Verne Crescent is in Malvern, Toronto. The 'Neighbourhood' section below links to the live Toronto real estate hub with average sold price, days on market, and current inventory.

  22. Is Toronto a good place to live?

    Toronto is one of ON's actively-tracked Summitly markets. The full Toronto real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  23. 7B Clarendon Avenue
    2 / 3
    1,600
    —
    2 Southill Drive3 / 21,000—
    12 Foundry Avenue2 / 21,000—
    3035 Finch Ave Avenue2 / 2800—