604-1 Leaside Park Drive, Toronto, ON

Thorncliffe Park, Toronto · MLS® C13031816

$520,000
For Sale
Listed 92 days ago
Request a showing
◎ Directions
1Bedrooms
1Bathrooms
1Garage
700-799Sq Ft

About this home

Welcome to the highly sought-after Leaside Park community, a well-managed building with recently upgraded common areas, including a fully equipped fitness centre, party/meeting room, bike storage, library/lounge, and car wash station. This upper-floor suite offers 767 sq ft of thoughtfully designed living space with soaring 9-ft ceilings and a sophisticated open-concept layout. Floor-to-ceiling windows flood the unit with natural light and lead to a private terrace. The modern kitchen is beautifully appointed with quartz countertops, a breakfast bar, large sink, tiled backsplash, pot lights, and elegant wood and glass cabinetry with soft-close doors. Upgraded luxury vinyl plank flooring runs throughout the unit. The oversized bedroom provides a tranquil retreat and features room-darkening motorized roller shades and a walk-in closet. The spa-inspired bathroom is designed for comfort with a walk-in rainfall shower, heated floors, and a heated towel bar. Additional features include in-suite laundry, linen light-filtering motorized blinds in the living area, a premium parking space, and a conveniently located same-floor locker. Ideally located with TTC at your doorstep and the future Ontario Line nearby, this address offers easy access to both the Leaside and Danforth neighbourhoods-known for their excellent shopping, restaurants, cafés, parks, ravines, and trails. An exceptional opportunity for refined urban living in one of Toronto's most desirable communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13031816
Bedrooms
1
Bathrooms
1
Size
700-799
Cross streets
Millwood Rd & Overlea Blvd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$810/mo
Exposure
West
Property tax
$2,285 / 2025
Days on market
92
Listing brokerage
CENTURY 21 PERCY FULTON LTD.

Rooms

Dining RoomMain7.41 × 3.12 m

combined w/living · vinyl floor · open concept

Living RoomMain7.41 × 3.12 m

combined w/dining · w/o to balcony · open concept

KitchenMain2.99 × 2.36 m

breakfast bar · quartz counter · ceramic backsplash

Primary BedroomMain5.91 × 2.97 m

walk-in closet(s) · vinyl floor

Our TakeTeam Asgarian · Broker
Above comparables
$386Kest. value

Listed at $520,000, and my independent estimate is about 35% above what comparable homes suggest.

In Thorncliffe Park lately, sellers get about 97% of asking; homes sell in ~32 days.

List price
$380KGreat deal$520KOverpriced

Total price vs nearby homes. Fair value about $386K, median of 5 comparables.

How this estimate is builtthe short version

I take the 5 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $393K, a close match.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Marc Garneau Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($694/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 5 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby · asking prices
$579kavg asking

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

1822-30 Shore Breeze Drive$530k401-21 Clairtrell Road$539k527-1350 Ellesmere Road$449k1208-1 Yorkville Avenue$798k

The 4 closest active listings nearby.

See all comparable homes
520kThis home530k539k449k798kThis home vs active comparables
Live market pulseActive comparables in Thorncliffe Park · median list $520K
$694this home / sqft
14active listings nearby
92days on market
75sold nearby · 90 days
$660Kmedian sold price
97%of asking, on average

This home lists 12% below the area average of $791/sqft.

On the market now.

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.

Flemingdon Park
$430K
Bay Street Corridor
$618K
Church-Yonge Corridor
$610K
Moss Park
$975K
Waterfront Communities C1
$608K

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 Valley Park Middle School
51%
Valley Park Middle SchoolPublic · Elementary · 1.5 km awayBelow the GTA average · 51% meet the provincial standard
Fraser Mustard Early Learning AcademyEQAO results not published

Affordability & Mortgage

Affordability
$2,370/mo
$115KIncome needed
4.5×Price ÷ income
$547Weekly 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 $2,370Property tax $190Condo fee $810Total carry $3,370

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)
$2,220per month

Mortgage amount $416,000 · 4.14% over 25 years

$104,000Down payment (20.0%)
$416,000Loan before insurance
$0CMHC premium
$3,220Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,220
Property tax
$190
Condo / maintenance fees
$810
Heating
$0
Estimated monthly cost
$3,220

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

One-time closing costs

Ontario land transfer tax
$6,875
Toronto municipal land transfer tax
$6,875
Estimated closing costs
$13,750

Plus your down payment of $104,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,696/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

$249,979Total interest paid
$665,979Total of all payments
Principal $416,000 Interest $249,979
YearPrincipalInterestBalance
1$9,745$16,894$406,255
2$10,153$16,486$396,101
3$10,578$16,061$385,524
4$11,020$15,619$374,503
5$11,481$15,158$363,022
6$11,961$14,678$351,061
7$12,462$14,177$338,599
8$12,983$13,656$325,616
9$13,526$13,113$312,090
10$14,092$12,547$297,998
11$14,681$11,958$283,317
12$15,295$11,344$268,022
13$15,935$10,704$252,086
14$16,602$10,037$235,485
15$17,296$9,343$218,189
16$18,020$8,620$200,169
17$18,773$7,866$181,396
18$19,559$7,081$161,837
19$20,377$6,262$141,460
20$21,229$5,410$120,231
21$22,117$4,522$98,114
22$23,042$3,597$75,072
23$24,006$2,633$51,066
24$25,010$1,629$26,056
25$26,056$583$0

At the end of your 5-year term

Total paid over the term
$133,196
Principal paid down
$52,978
Interest paid
$80,218
Balance remaining
$363,022

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
2.5%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.

5.5%
Gross yield
− Property tax $2,285− Condo fees $9,714− Insurance $600− Vacancy & upkeep $3,168Net operating income $13,033

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PERCY FULTON LTD.. MLS®/PropTx.

CallRequest a showing