317-268 Ridley Boulevard, Toronto, ON

Bedford Park-Nortown, Toronto · MLS® C12996566

$475,000
For Sale
Listed 99 days ago
2Bedrooms
1Bathrooms
1Garage
700-799Sq Ft

About this home

Renovated one-bedroom plus den with a thoughtfully designed kitchen open to the living area, offering 767 sq ft of well-appointed space. Hardwood floors throughout. The den features a door and can comfortably function as a second bedroom. Freshly painted in Benjamin Moore Simply White, creating a bright, sophisticated, and timeless interior. Enjoy 24-hour gatehouse security, outdoor pool, a well-equipped gym, and elegant party and billiards rooms. One parking space included. Recently renovated common areas. Situated in a highly desirable community, just steps to the shops and restaurants along Avenue Road, with TTC at your door providing easy access to York Mills and Wilson subway stations, and convenient access to Hwy 401.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12996566
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
700-799
Cross streets
Wilson/Avenue Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$761/mo
Exposure
North
Property tax
$2,161 / 2025
Days on market
99
Listing brokerage
Elevate Real Estate

Rooms

KitchenGround3.45 × 2.00 m

renovated · stainless steel appl · hardwood floor

Living RoomGround6.30 × 3.20 m

combined w/dining · hardwood floor

Dining RoomGround6.30 × 3.20 m

combined w/living · hardwood floor

Moe’s TakeTeam Asgarian · Broker
Below comparables
$544Kest. value

Listed at $475,000, this home is about 13% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

In Bedford Park-Nortown lately, sellers have been getting about 97% of asking and homes sell in about 35 days.

There were not many closely comparable homes right in Bedford Park-Nortown, so I widened the search to the surrounding area.

Based on 74 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 74 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $421K, lower 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, sold for $605K
  • Adjusts to $605K

That comparable adjusts to $605K; the $544K estimate above is the median of all 74 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

The assigned public school is Armour Heights Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$475KGreat deal$592KOverpriced

Total price vs nearby homes. Fair value about $544K, median of 74 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$504kavg asking

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

749-24 Southport Street$489k515-153 Beecroft Road$490k1501-111 Elizabeth Street$495k2906-36 Lee Centre Drive$450k906-155 Beecroft Road$598k

The 5 closest of 8 active listings nearby.

See all comparable homes
475kThis home489k490k495k450k598kThis home vs active comparables
Live market pulseActive comparables in Bedford Park-Nortown · median list $800K
$634this home / sqft
13active listings nearby
99days on market
97sold nearby · 90 days
$570Kmedian sold price
97%of asking, on average

This home lists 20% below the area average of $794/sqft.

98 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

Bedford Park-Nortown, 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.

Nearby neighbourhoods

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

Willowdale East
$606K
Henry Farm
$599K
Bay Street Corridor
$471K
Church-Yonge Corridor
$561K
Moss Park
$519K

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 Armour Heights Public School
70%
Armour Heights Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$2,165/mo
$106KIncome needed
4.5×Price ÷ income
$500Weekly 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.

70%mortgage
Mortgage $2,165Property tax $180Condo fee $761Total carry $3,106

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,028per month

Mortgage amount $380,000 · 4.14% over 25 years

$95,000Down payment (20.0%)
$380,000Loan before insurance
$0CMHC premium
$2,969Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,028
Property tax
$180
Condo / maintenance fees
$761
Heating
$0
Estimated monthly cost
$2,969

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

One-time closing costs

Ontario land transfer tax
$5,975
Toronto municipal land transfer tax
$5,975
Estimated closing costs
$11,950

Plus your down payment of $95,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,463/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

$228,346Total interest paid
$608,346Total of all payments
Principal $380,000 Interest $228,346
YearPrincipalInterestBalance
1$8,902$15,432$371,098
2$9,274$15,059$361,823
3$9,662$14,671$352,161
4$10,067$14,267$342,095
5$10,488$13,846$331,607
6$10,926$13,408$320,681
7$11,383$12,951$309,297
8$11,859$12,474$297,438
9$12,356$11,978$285,082
10$12,872$11,461$272,210
11$13,411$10,923$258,799
12$13,972$10,362$244,827
13$14,556$9,778$230,271
14$15,165$9,169$215,106
15$15,799$8,535$199,307
16$16,460$7,874$182,847
17$17,149$7,185$165,698
18$17,866$6,468$147,832
19$18,613$5,721$129,219
20$19,392$4,942$109,827
21$20,203$4,131$89,624
22$21,048$3,286$68,576
23$21,929$2,405$46,647
24$22,846$1,488$23,801
25$23,801$533$0

At the end of your 5-year term

Total paid over the term
$121,669
Principal paid down
$48,393
Interest paid
$73,276
Balance remaining
$331,607

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$2,400/mo
$28,800Gross annual rent
2.9%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.

6.1%
Gross yield
− Property tax $2,161− Condo fees $9,127− Insurance $600− Vacancy & upkeep $3,168Net operating income $13,744

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Elevate Real Estate. MLS®/PropTx.

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