406-5 Shady Golfway, Toronto, ON

Flemingdon Park, Toronto · MLS® C13009508

$549,900
For Sale
Listed 96 days ago
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◎ Directions
3Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft
6 schools20+ transit stops15 parks17 restaurantswithin 1.5 km

About this home

Beautiful & spacious 3-bedroom condo now offered for sale in a highly convenient location! Enjoy easy access to the DVP, Highway 401, TTC, top-rated schools, parks, and nearby shopping malls. This well-maintained unit features renovated washrooms and is situated in a clean, well-managed building-perfect for families or investors alike.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13009508
Bedrooms
3
Bathrooms
2 (1 half)
Size
1000-1199
Cross streets
St Dennis Dr & Linkwood Lane
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$874/mo
Exposure
North West
Property tax
$1,810 / 2025
Days on market
96
Listing brokerage
Re/Max Elevate

Rooms

Bedroom 3Flat3.65 × 2.77 m

Parquet

KitchenFlat4.00 × 3.40 m

tile floor · family size kitchen

Dining RoomFlat3.41 × 2.71 m

laminate · w/o to balcony · combined w/living

Bedroom 2Flat3.60 × 2.47 m

Parquet

Living RoomFlat5.50 × 3.47 m

laminate · combined w/dining

Primary BedroomFlat4.63 × 3.32 m

parquet · 2 pc ensuite

Moe’s TakeTeam Asgarian · Broker
In line
$675Kest. value

Listed at $549,900, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

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

Based on 97 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 97 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $376K, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $455K
  • Adjusts to $455K

That comparable adjusts to $455K; the $675K estimate above is the median of all 97 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 Gateway Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. 5 Shady Golfway is about a 1-minute walk away.

List price
$525KGreat deal$827KOverpriced

Total price vs nearby homes. Fair value about $675K, median of 97 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
Comparable listingsCurrently listed nearby in Flemingdon Park · asking prices
$524kavg asking

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

1606-5 Shady Golfway$549k206-60 Pavane Linkway$549k1603-20 Edgecliff Golfway$530k903-15 Vicora Linkway$500k216-60 Pavane Linkway$490k

The 5 closest of 8 active listings nearby.

See all comparable homes
550kThis home549k549k530k500k490kThis home vs active comparables
Live market pulseActive comparables in Flemingdon Park · median list $486K
$500this home / sqft
33active listings nearby
96days on market
91sold nearby · 90 days
$585Kmedian sold price
97%of asking, on average

This home lists 5% above the area average of $476/sqft.

95 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

Flemingdon Park, 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

47/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: 5 Shady Golfway, about 9 m away

20+ transit stops3 grocery17 dining15 parks5 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.

Bayview Village
$530K
Church-Yonge Corridor
$556K
Bay Street Corridor
$525K
Annex
$513K
Willowdale East
$651K

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 Gateway Public School
54%
Gateway Public SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 54% meet the provincial standard

Affordability & Mortgage

Affordability
$2,506/mo
$120KIncome needed
4.6×Price ÷ income
$578Weekly 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.

71%mortgage
Mortgage $2,506Property tax $151Condo fee $874Total carry $3,531

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,348per month

Mortgage amount $439,920 · 4.14% over 25 years

$109,980Down payment (20.0%)
$439,920Loan before insurance
$0CMHC premium
$3,372Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,348
Property tax
$151
Condo / maintenance fees
$874
Heating
$0
Estimated monthly cost
$3,372

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

One-time closing costs

Ontario land transfer tax
$7,473
Toronto municipal land transfer tax
$7,473
Estimated closing costs
$14,946

Plus your down payment of $109,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,851/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

$264,353Total interest paid
$704,273Total of all payments
Principal $439,920 Interest $264,353
YearPrincipalInterestBalance
1$10,306$17,865$429,614
2$10,737$17,434$418,877
3$11,186$16,985$407,691
4$11,654$16,517$396,037
5$12,141$16,030$383,896
6$12,649$15,522$371,247
7$13,178$14,993$358,069
8$13,730$14,441$344,339
9$14,304$13,867$330,035
10$14,902$13,269$315,133
11$15,525$12,645$299,608
12$16,175$11,996$283,433
13$16,851$11,319$266,581
14$17,556$10,615$249,025
15$18,291$9,880$230,734
16$19,056$9,115$211,679
17$19,853$8,318$191,826
18$20,683$7,488$171,143
19$21,548$6,623$149,594
20$22,450$5,721$127,145
21$23,389$4,782$103,756
22$24,367$3,804$79,389
23$25,386$2,785$54,003
24$26,448$1,723$27,554
25$27,554$616$0

At the end of your 5-year term

Total paid over the term
$140,855
Principal paid down
$56,024
Interest paid
$84,831
Balance remaining
$383,896

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$3,400/mo
$40,800Gross annual rent
4.3%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.

7.4%
Gross yield
− Property tax $1,810− Condo fees $10,487− Insurance $600− Vacancy & upkeep $4,488Net operating income $23,415

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

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