506-10 Torresdale Avenue, Toronto, ON

Westminster-Branson, Toronto · MLS® C13055308

$599,900
For Sale
Listed 84 days ago
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2Bedrooms
2Bathrooms
2Garage
1200-1399Sq Ft

About this home

Bright & Spacious Unit! 1202 Square Feet as Per MPAC! Great Layout! Split Bedrooms! Freshly Painted! Parquet Floors! Large Balcony! Building Amenities Include 24 Concierge, Indoor Pool, Sauna, Large Party Room & Guest Suites. ***Two Parking Spots + Locker***

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13055308
Bedrooms
2
Bathrooms
2
Size
1200-1399
Cross streets
Bathurst/Finch
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$977/mo
Exposure
West
Property tax
$2,760 / 2025
Days on market
84
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Bedroom 2Flat2.91 × 3.31 m

parquet · double closet · w/o to balcony

KitchenFlat3.31 × 3.49 m

Breakfast Bar

Primary BedroomFlat3.44 × 6.41 m

5 pc ensuite · walk-in closet(s) · parquet

Dining RoomFlat6.66 × 2.97 m

Parquet

Living RoomFlat3.81 × 3.95 m

combined w/dining · parquet · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
Below comparables
$812Kest. value

Listed at $599,900, this home is about 26% 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 ($462/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

In Westminster-Branson lately, sellers have been getting about 98% of asking and homes sell in about 38 days.

Based on 93 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 93 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $565K, 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 $495K
  • Adjusts to $495K

That comparable adjusts to $495K; the $812K estimate above is the median of all 93 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 Northview Heights Secondary 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
$600KGreat deal$915KOverpriced

Total price vs nearby homes. Fair value about $812K, median of 93 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
Comparable listingsCurrently listed nearby in Westminster-Branson · asking prices
$597kavg asking

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

202-1131 Steeles Avenue$600k1011-1101 Steeles Avenue$558k601-1131 Steeles Avenue$550k2404-135 Antibes Drive$600k507-90 Fisherville Road$675k

The 5 closest of 8 active listings nearby.

See all comparable homes
600kThis home600k558k550k600k675kThis home vs active comparables
Live market pulseActive comparables in Westminster-Branson · median list $600K
$462this home / sqft
25active listings nearby
84days on market
83sold nearby · 90 days
$549Kmedian sold price
98%of asking, on average

This home lists 3% below the area average of $478/sqft.

83 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

Westminster-Branson, 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
$684K
Church-Yonge Corridor
$669K
Bay Street Corridor
$471K
Waterfront Communities C1
$652K
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 Wilmington Elementary School
67%
Wilmington Elementary SchoolPublic · Elementary · 0.9 km awayBelow the GTA average · 67% meet the provincial standard
Charles H Best Junior Middle SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,734/mo
$133KIncome needed
4.5×Price ÷ income
$631Weekly 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.

69%mortgage
Mortgage $2,734Property tax $230Condo fee $977Total carry $3,941

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)
$2,561per month

Mortgage amount $479,920 · 4.14% over 25 years

$119,980Down payment (20.0%)
$479,920Loan before insurance
$0CMHC premium
$3,768Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,561
Property tax
$230
Condo / maintenance fees
$977
Heating
$0
Estimated monthly cost
$3,768

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

One-time closing costs

Ontario land transfer tax
$8,473
Toronto municipal land transfer tax
$8,473
Estimated closing costs
$16,946

Plus your down payment of $119,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,111/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

$288,389Total interest paid
$768,309Total of all payments
Principal $479,920 Interest $288,389
YearPrincipalInterestBalance
1$11,243$19,490$468,677
2$11,713$19,019$456,964
3$12,203$18,529$444,761
4$12,714$18,019$432,047
5$13,245$17,487$418,802
6$13,799$16,933$405,003
7$14,377$16,356$390,626
8$14,978$15,754$375,648
9$15,604$15,128$360,044
10$16,257$14,475$343,787
11$16,937$13,795$326,850
12$17,646$13,087$309,204
13$18,384$12,349$290,820
14$19,153$11,580$271,668
15$19,954$10,779$251,714
16$20,788$9,944$230,926
17$21,658$9,074$209,268
18$22,564$8,169$186,704
19$23,508$7,225$163,196
20$24,491$6,241$138,705
21$25,515$5,217$113,190
22$26,583$4,150$86,607
23$27,695$3,038$58,913
24$28,853$1,879$30,060
25$30,060$673$0

At the end of your 5-year term

Total paid over the term
$153,662
Principal paid down
$61,118
Interest paid
$92,544
Balance remaining
$418,802

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$4,100/mo
$49,200Gross annual rent
4.8%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.

8.2%
Gross yield
− Property tax $2,760− Condo fees $11,720− Insurance $600− Vacancy & upkeep $5,412Net operating income $28,708

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

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