1508-109 Erskine Avenue, Toronto, ON
Mount Pleasant West, Toronto · MLS® C12794788
About this home
AKRA by Curated Properties offers a peaceful urban retreat in the heart of vibrant Yonge & Eglinton, featuring interiors by renowned Chapi Chapo Design and thoughtfully curated common spaces. This spacious 1,203 sq. ft. 3-bedroom, 3-bath residence showcases hardwood flooring throughout, a generous foyer walk-in closet, and two private balconies, including a south-facing balcony with gas line off the living room and a west-facing balcony accessible from both the primary and Second bedroom. The sleek kitchen is equipped with full-size Fulgor built-in appliances, quartz countertops, designer hardware, concealed hinges, and soft-close cabinetry. Bedrooms are tucked away in a private wing, each offering large windows and ample closet space, while the primary retreat features a walk-in closet and a luxurious 4-piece ensuite with double sinks. A refined home oasis in one of midtown Toronto's most desirable communities. Steps from the TTC, the new LRT line & easy highway access, with shops, restaurants, and everyday conveniences right at your doorstep.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C12794788
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1200-1399
- Cross streets
- Yonge St & Eglinton Ave
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Maintenance
- $920/mo
- Exposure
- South West
- Days on market
- 150
- Listing brokerage
- SAGE REAL ESTATE LIMITED
Rooms
hardwood floor · w/o to balcony · closet
open concept · hardwood floor · combined w/living
closet · south view · hardwood floor
hardwood floor · w/o to balcony · south view
b/i appliances · quartz counter · centre island
4 pc bath · hardwood floor · walk-in closet(s)
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairOn schools, this address is zoned for North Toronto Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, this is a very walkable address with everyday errands close by. Erskine Ave at MT Pleasant Rd is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Primary suite: a key comfort and resale feature.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homes149 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Mount Pleasant West, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Erskine Ave at MT Pleasant Rd, about 244 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $1,579,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,431
- Property tax
- $1,234
- Condo / maintenance fees
- $920
- Heating
- $0
- Estimated monthly cost
- $10,585
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $35,973
- Toronto municipal land transfer tax
- $35,973
- Estimated closing costs
- $71,946
Plus your down payment of $394,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $505,862
- Principal paid down
- $201,203
- Interest paid
- $304,659
- Balance remaining
- $1,378,717
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SAGE REAL ESTATE LIMITED. MLS®/PropTx.