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42 - 50 Verne Crescent

42 - 50 Verne Crescent

Toronto E11, ON

  • 3 bed
  • 3 bath
  • approx. 1000-1199 sqft
  • Condo Townhouse
$579,000Price reduced 2%

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.

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Listing Details

Taxes (2025)
$2,217
Originally Listed
$590,000
Listed
October 7, 2026

Price History

Property

Style
2-Storey
Construction
Stucco (Plaster), Brick Front
Interior
None

Parking

Garage
Built-In
Covered Spaces
1
Total Parking
2

Utilities

Heat Source
Electric

Location & Legal

Cross Street
Markham Rd & Sheppard Ave E
Parcel Number
115190047
Possession
Immediate
Occupancy
Vacant

Condo

Maintenance Fee
$401/month
Fee Includes
Water Included, Common Elements Included, Building Insurance Included, Parking Included
Pets
Yes-with Restrictions
Locker
None
Balcony
None

Schools

Elementary

  • Malvern Junior Public School0.4 km

    Public · Toronto DSB · 335 students

    Grade 3 reading: 61% met the provincial standard · Grade 6 math: 47% met the provincial standard

  • St Barnabas Catholic School0.8 km

    Catholic · Toronto CDSB · 305 students

    Grade 3 reading: 62% met the provincial standard · Grade 6 math: 43% met the provincial standard

  • Burrows Hall Junior Public School0.8 km

    Public · Toronto DSB · 265 students

    Grade 3 reading: 83% met the provincial standard · Grade 6 math: 73% met the provincial standard

Secondary

  • Lester B Pearson Collegiate Institute1.3 km

    Public · Toronto DSB · 1125 students

    Grade 10 literacy: 84% met the provincial standard

  • Woburn Collegiate Institute2.1 km

    Public · Toronto DSB · 1035 students

    Grade 10 literacy: 81% met the provincial standard

  • St Mother Teresa Catholic Academy2.4 km

    Catholic · Toronto CDSB · 525 students

    Grade 10 literacy: 70% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area M1B

Population
65,555
Private dwellings
21,561
Median age
39.6
Average household size
3.2
Median household income
$91,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Condo & Other in Toronto E11 · last 12 months

Median sold price
$709,000
Homes sold
380
Median days on market
22
Sale-to-list price
98.8%

Based on 380 recorded sales of residential condo & other properties in Toronto E11 over the last 12 months.

Rooms

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

Second

  • Bedroom14' x 9'10"
  • Bedroom14' x 8'2"
  • Primary Bedroom10'2" x 15'1"

Main

  • Dining Room7'8" x 7'11"
  • Kitchen10'9" x 8'2"
  • Living Room21'6" x 9'10"

Basement

  • Bathroom7'11" x 7'2"
  • Recreation21'6" x 15'1"

Listed by

RE/MAX HALLMARK REALTY LTD.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$115,800

Estimated Monthly Payment

$2,844

Land transfer tax

Estimated land transfer tax$8,055

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,844/mo (20% down, 5.5%)

Taxes: $185/mo · Insurance: $145/mo

Maint: $401/mo

Estimates only. Consult a financial advisor.

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