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$2,695,000Asking Price

103 Malvern Ave

Upper Beach, Toronto

Detached
5 + 2
Bedrooms
4
Baths
4
Parking
Days on Market

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.

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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.

Key Info

  • 3-Storey Detached
  • 4-Car Right-of-Way Driveway
  • No Garage
  • Main / Gerrard
  • 51-99 Years Approximate Age
  • Basement: Apartment, Separate Entrance
  • 2 + 1 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 25.33 x 140 Feet
  • Brick/Stone Exterior
  • Taxes were $6,242 in 2023
  • Possession: Immediate

Details

  • No Fireplace
  • No Family Room
  • Main Laundry
  • Sewers
  • Municipal Water
  •  
  • MLS #E8078414
  • RE/MAX HALLMARK REALTY LTD.

Extras

  • 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.
Room Floor Dimensions Details
1 Living Room Main 9.97' x 12.24' Large Window, Hardwood Floor, Pot Lights
2 Kitchen Main 9.12' x 8.27' Stainless Steel Appliances, Undermount Sink, Built-in Dishwasher
3 Bedroom Main 10.30' x 9.15' Closet, Window, Built-in Closet
4 Bedroom Main 9.28' x 9.55' Window, Built-in Closet
5 Kitchen 2nd 12.73' x 8.60' Walkout To Deck, Centre Island, Built-in Dishwasher
6 Dining Room 2nd 16.80' x 9.28' Window, Hardwood Floor, Combined W/Kitchen
7 Living Room 2nd 14.47' x 9.22' Pot Lights, Window, Hardwood Floor
8 Bedroom 2nd 13.09' x 8.96' Pot Lights, Window, Hardwood Floor
9 Bedroom 3rd 12.60' x 11.98' Hardwood Floor, Window, Built-in Closet
10 Bedroom 3rd 11.38' x 11.88' Skylight, Hardwood Floor, Overlook Patio
11 Living Room Basement 9.12' x 16.86' Vinyl Floor, French Doors, Pot Lights
12 Kitchen Basement 8.66' x 13.06' Built-in Dishwasher, Pot Lights, Built-in Range
Washroom1 3-Piece Bathroom on 2nd Floor
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom in Basement
Washroom1 4-Piece Bathroom on 3rd Floor

Who lives here?

Upper Beach, Toronto is a central Toronto neighbourhood notable for its university grads, executives and business, education, law & public sector and arts & culture professionals. Residents tend to be older with a significant number of babies, kids aged 5 to 14 and adults aged 35 to 64.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

48% of residents are
single and loving it.

48% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

46% of residents
are renters.

46% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

51% of residents are
university grads.

51% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$127K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 15%
Government 12%
Business 11%
Management 10%
Culture 6%

Immigrants

29% of residents were
born outside of Canada.

29% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Bangladesh was once home to 3.0% of immigrants.
Philippines 2.8%
UK 2.5%
Caribbean 2.3%
Pakistan 1.8%

3.0% from Bangladesh
All-time

Birthplace - Recent

Bangladesh was once home to 1.3% of immigrants.
Philippines 1.0%
Pakistan 0.6%
India 0.4%
China 0.4%

1.3% from Bangladesh
Recent

Foreign Languages

Foreign Languages

Bengali 3%
French 2%
Tagalog 2%
Cantonese 2%
Urdu 2%

Religions

Religions

Christian 54%
Muslim 7%
Jewish 3%
Buddhist 1%
Hindu 1%

Social Housing

Social Housing Buildings

12

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

0

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)