9-31 Florence Street, Toronto, ON
Little Portugal, Toronto · MLS® C13138828
About this home
Discover modern living in this beautifully upgraded 941Sqft + 21 sqft balcony. Newer built 2-bed, 2-bath home. Step inside and feel the warmth of natural light pouring through floor-to-ceiling windows, highlighting the elegant marble and wood-style flooring!!Your next chapter starts here. This modern, light-filled 2-bed, 2-bath beauty gives you all the space, style, and comfort you've been dreaming of-right in the heart of the trendy Queen Street neighborhood. Walk in and instantly feel the vibe: Enter directly to your unit and step into the Luxurious mix of Marble & elegant Wooden Style Flooring Throughout!! NINE foot high ceilings on main floor!! Floor-to-ceiling windows flooding the space with sunshine!!Open-concept living perfect for hosting or unwinding A sleek, upgraded chef-inspired kitchen with granite counters + a huge island Two balconies! One covered for morning coffees or evening sunsets Elegant marble + wood-style flooring throughout. All of this in a home that's less than 7 years old, with direct entry and extra storage. Steps to transit, shops, restaurants, and everything you love about urban living. This is definitely the kind of place that feels good the moment you walk in.!!!!! Large multifunctional Granite Topped Island with Breakfast Bar and Stainless Steel Appliances. Extra space available in the utility room for storage. This unit will not disappoint!! Offered at a great price! **EXTRAS**Custom Roller blinds & California Shutters. S/S Refrigerator, Oven, Microwave And Dishwasher. Stacked Washer And Dryer.
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- C13138828
- Bedrooms
- 2
- Bathrooms
- 2 (1 half)
- Size
- 900-999
- Cross streets
- Queen/Dufferin
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Maintenance
- $459/mo
- Exposure
- South
- Property tax
- $3,552 / 2025
- Days on market
- 63
- Listing brokerage
- CITYSCAPE REAL ESTATE LTD.
Rooms
combined w/living · laminate · w/o to balcony
double closet · california shutters · laminate
double closet · california shutters · laminate
Ceramic Floor
marble floor · 2 pc bath · combined w/dining
combined w/dining · juliette balcony
b/i appliances · granite counters · breakfast bar
Listed at $679,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Little Portugal, so I widened the search to the surrounding area.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $729K, 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, listed at $639K
- Adjusts to $639K
That comparable adjusts to $639K; the $675K estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
Its public catchment (Alexander Muir/Gladstone Ave Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $675K, 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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Worth verifying
- Lifestyle
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 16% above the area average of $616/sqft.
59 days longer than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Little Portugal, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Car-DependentA 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.
Almost all errands require a car.
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $543,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,899
- Property tax
- $296
- Condo / maintenance fees
- $459
- Heating
- $0
- Estimated monthly cost
- $3,654
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,055
- Toronto municipal land transfer tax
- $10,055
- Estimated closing costs
- $20,110
Plus your down payment of $135,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $173,923
- Principal paid down
- $69,177
- Interest paid
- $104,746
- Balance remaining
- $474,023
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CITYSCAPE REAL ESTATE LTD.. MLS®/PropTx.