507-33 Frederick Todd Way, Toronto, ON

Thorncliffe Park, Toronto · MLS® C13028596

$519,000
For Sale
Listed 92 days ago
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2Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Welcome to Upper East Village, a sought-after luxury residence in the heart of Leaside. This bright and well-designed 1-bedroom + den suite offers a walkout to a private balcony and a sun-filled south-facing exposure.Ideally located just steps to the Laird LRT station, transit, Sunnybrook Park, top-rated schools, and a variety of shops and restaurants including Homesense, Canadian Tire, and Marshalls.Residents enjoy exceptional amenities including a 24-hour concierge, indoor pool, fully equipped fitness centre, outdoor lounge with fire pit and BBQ, and private dining spaces. Convenient access to the DVP, Sunnybrook Hospital, Aga Khan Museum, and Edwards Gardens.Rogers high-speed internet is included, and blinds have already been installed, making this a truly move-in-ready home filled with natural light.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13028596
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
Eglinton Ave & Bayview Ave
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front, Concrete
Maintenance
$412/mo
Exposure
South
Property tax
$2,066 / 2025
Days on market
92
Listing brokerage
KELLER WILLIAMS EDGE REALTY
Moe’s TakeTeam Asgarian · Broker
Below comparables
$528Kest. value

Listed at $519,000, this home is about 2% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($944/sqft) is above the area, which usually points to a smaller or more efficient layout.

In Thorncliffe Park lately, sellers have been getting about 97% of asking and homes sell in about 33 days.

Based on 5 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 5 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $479K, a close match.

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 $520K
  • Bedrooms +$8K
  • Adjusts to $528K

That comparable adjusts to $528K; the $528K estimate above is the median of all 5 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.

On schools, this address is zoned for Bessborough Drive Elementary and Middle School, 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.

List price
$519KGreat deal$536KOverpriced

Total price vs nearby homes. Fair value about $528K, 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. Weigh carefully
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Thorncliffe Park · asking prices
$521kavg asking

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

303-35 Brian Peck Crescent$518k1413-35 Brian Peck Crescent$520k601-160 Vanderhoof Avenue$525k

The 3 closest active listings nearby.

See all comparable homes
519kThis home518k520k525kThis home vs active comparables
Live market pulseActive comparables in Thorncliffe Park · median list $520K
$944this home / sqft
10active listings nearby
92days on market
100sold nearby · 90 days
$600Kmedian sold price
97%of asking, on average

This home lists 19% above the area average of $795/sqft.

91 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

Thorncliffe 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.

Nearby neighbourhoods

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

Banbury-Don Mills
$649K
Bayview Village
$549K
Bay Street Corridor
$506K
Church-Yonge Corridor
$559K
Willowdale East
$540K

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 Rolph Road Elementary School
88%
Rolph Road Elementary SchoolPublic · Elementary · 1.6 km awayHigher-rated than most nearby · 88% meet the provincial standard

Affordability & Mortgage

Affordability
$2,365/mo
$107KIncome needed
4.9×Price ÷ income
$546Weekly 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.

80%mortgage
Mortgage $2,365Property tax $172Condo fee $412Total carry $2,949

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)
$2,216per month

Mortgage amount $415,200 · 4.14% over 25 years

$103,800Down payment (20.0%)
$415,200Loan before insurance
$0CMHC premium
$2,800Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,216
Property tax
$172
Condo / maintenance fees
$412
Heating
$0
Estimated monthly cost
$2,800

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

One-time closing costs

Ontario land transfer tax
$6,855
Toronto municipal land transfer tax
$6,855
Estimated closing costs
$13,710

Plus your down payment of $103,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,691/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

$249,498Total interest paid
$664,698Total of all payments
Principal $415,200 Interest $249,498
YearPrincipalInterestBalance
1$9,727$16,861$405,473
2$10,134$16,454$395,340
3$10,557$16,031$384,782
4$10,999$15,589$373,783
5$11,459$15,129$362,324
6$11,938$14,650$350,386
7$12,438$14,150$337,948
8$12,958$13,630$324,990
9$13,500$13,088$311,490
10$14,065$12,523$297,425
11$14,653$11,935$282,772
12$15,266$11,322$267,506
13$15,905$10,683$251,602
14$16,570$10,018$235,032
15$17,263$9,325$217,769
16$17,985$8,603$199,784
17$18,737$7,851$181,047
18$19,521$7,067$161,526
19$20,338$6,250$141,188
20$21,188$5,400$120,000
21$22,074$4,513$97,926
22$22,998$3,590$74,928
23$23,960$2,628$50,968
24$24,962$1,626$26,006
25$26,006$582$0

At the end of your 5-year term

Total paid over the term
$132,940
Principal paid down
$52,876
Interest paid
$80,064
Balance remaining
$362,324

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$1,700/mo
$20,400Gross annual rent
2.0%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.

3.9%
Gross yield
− Property tax $2,066− Condo fees $4,942− Insurance $600− Vacancy & upkeep $2,244Net operating income $10,547

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

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