2003-8 Eglinton Avenue, Toronto, ON

Mount Pleasant West, Toronto · MLS® C12920560

$429,000
For Sale
Listed 117 days ago
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1Bedrooms
1Bathrooms
0Parking
0-499Sq Ft
16 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

One bedroom & One full bath in the amazing, upscale 8 Eglinton E. Amazing 80 Sq ft terrace. Stunning views. Incredible building amenities including indoor pool, gym, party room, terrace. Direct access to TTC and all the amazing shops and restos of Eglinton. Low taxes and maintenance fees. Excellent investment property or starter condo at an unbeatable price. Some photos are virtually staged. Unit tenanted on month to month lease and willing to leave for Buyer's use.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12920560
Bedrooms
1
Bathrooms
1
Size
0-499
Cross streets
Yonge & Eg
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$412/mo
Exposure
South West
Property tax
$2,858 / 2025
Days on market
117
Listing brokerage
TIMES REALTY GROUP INC.

Rooms

Living RoomFlat7.52 × 3.05 m

Combined w/Dining

Primary BedroomFlat2.75 × 2.75 m
Moe’s TakeTeam Asgarian · Broker
Above comparables
$389Kest. value

Listed at $429,000, this home is about 10% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $507K, higher than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $385K
  • Adjusts to $385K

That comparable adjusts to $385K; the $389K estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

Its public catchment (North Toronto Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Eglinton Avenue West (Eglinton Station) is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$385KGreat deal$429KOverpriced

Total price vs nearby homes. Fair value about $389K, median of 5 comparables.

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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Weigh carefully
  • Worth verifying
Comparable listingsCurrently listed nearby in Mount Pleasant West · asking prices
$401kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1401-117 Broadway Avenue$420k1135-8 Hillsdale Avenue$419k3101-99 Broadway Avenue$389k1106-101 erskine Avenue$389k2912-99 Broadway Avenue$389k

The 5 closest of 8 active listings nearby.

See all comparable homes
429kThis home420k419k389k389k389kThis home vs active comparables
Live market pulseActive comparables in Mount Pleasant West · median list $389K
$1,719this home / sqft
9active listings nearby
117days on market

This home lists 12% above the area average of $1,541/sqft.

116 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Mount Pleasant West, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

100/ 100

Walker's ParadiseA 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: Eglinton Avenue West (Eglinton Station), about 61 m away

20+ transit stops17 grocery20+ dining20+ parks18 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Annex
$513K
Bay Street Corridor
$568K
Church-Yonge Corridor
$1.06M
Regent Park
$699K
Willowdale East
$680K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Eglinton Junior Public School
70%
Eglinton Junior Public SchoolPublic · Elementary · 0.6 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$1,955/mo
$94KIncome needed
4.6×Price ÷ income
$451Weekly cost
20% down4.79%25-yr amortization

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.

75%mortgage
Mortgage $1,955Property tax $238Condo fee $412Total carry $2,605

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,831per month

Mortgage amount $343,200 · 4.14% over 25 years

$85,800Down payment (20.0%)
$343,200Loan before insurance
$0CMHC premium
$2,482Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,831
Property tax
$238
Condo / maintenance fees
$412
Heating
$0
Estimated monthly cost
$2,482

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$5,055
Toronto municipal land transfer tax
$5,055
Estimated closing costs
$10,110

Plus your down payment of $85,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,224/monthPayment at the qualifying rate

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

$206,233Total interest paid
$549,433Total of all payments
Principal $343,200 Interest $206,233
YearPrincipalInterestBalance
1$8,040$13,937$335,160
2$8,376$13,601$326,784
3$8,727$13,251$318,057
4$9,092$12,886$308,965
5$9,472$12,505$299,493
6$9,868$12,109$289,625
7$10,281$11,696$279,344
8$10,711$11,266$268,633
9$11,159$10,818$257,474
10$11,626$10,352$245,849
11$12,112$9,865$233,736
12$12,619$9,359$221,118
13$13,147$8,831$207,971
14$13,696$8,281$194,275
15$14,269$7,708$180,006
16$14,866$7,111$165,139
17$15,488$6,489$149,651
18$16,136$5,841$133,516
19$16,811$5,167$116,705
20$17,514$4,463$99,191
21$18,247$3,731$80,944
22$19,010$2,968$61,935
23$19,805$2,172$42,130
24$20,633$1,344$21,496
25$21,496$481$0

At the end of your 5-year term

Total paid over the term
$109,887
Principal paid down
$43,707
Interest paid
$66,180
Balance remaining
$299,493

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.

Let's connect

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

Rental yield
Estimate$2,300/mo
$27,600Gross annual rent
3.8%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

6.4%
Gross yield
− Property tax $2,858− Condo fees $4,945− Insurance $600− Vacancy & upkeep $3,036Net operating income $16,161

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of TIMES REALTY GROUP INC.. MLS®/PropTx.

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