504-10 Edgecliff Golfway, Toronto, ON

Flemingdon Park, Toronto · MLS® C13143016

$500,000
For Sale
Listed 60 days ago
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3Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Welcome to this spacious 3 bedroom, 2 bathroom condo - a fantastic opportunity in a well-established North York community. This bright and freshly painted unit features a functional layout with spacious living and dining areas and large windows providing plenty of natural light. Enjoy stainless steel appliances and new floorings, making this home move-in ready. Parking and locker are included for added convenience. Ideally located near the Don Valley Parkway for quick access to downtown Toronto. Close to shopping, parks, schools, transit, and everyday amenities. Minutes to the Aga Khan Museum, Ismaili Centre, Don Mills & Eglinton shops and services, and Flemingdon Park Golf Club. Walking distance to trails, community centres, and green space. Excellent value in a convenient location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13143016
Bedrooms
3
Bathrooms
2
Size
1200-1399
Cross streets
Don Mills & Eglinton
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front, Concrete
Maintenance
$920/mo
Exposure
South
Property tax
$1,765 / 2025
Days on market
60
Listing brokerage
QUEENSWAY REAL ESTATE BROKERAGE INC.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$578Kest. value

Listed at $500,000, this home is about 13% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 18 similar homes nearby, adjusted for size, beds, and baths.Median of 18 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $497K, a bit lower.

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 $650K
  • Adjusts to $650K

That comparable adjusts to $650K; the $578K estimate above is the median of all 18 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.

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, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$500KGreat deal$638KOverpriced

Total price vs nearby homes. Fair value about $578K, median of 18 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby in Flemingdon Park · asking prices
$627kavg asking

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

706-60 Pavane Link Way$500k616-10 Gateway Boulevard$530k1602-195 Wynford Drive$650k103-6 sonic Way$828k

The 4 closest active listings nearby.

See all comparable homes
500kThis home500k530k650k828kThis home vs active comparables
Live market pulseActive comparables in Flemingdon Park · median list $489K
$385this home / sqft
25active listings nearby
60days on market

This home lists 17% below the area average of $464/sqft.

59 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

0/ 100

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.

Nearby neighbourhoods

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

Banbury-Don Mills
$500K
Bayview Village
$748K
Annex
$929K
Church-Yonge Corridor
$628K
Willowdale East
$489K

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
$2,279/mo
$112KIncome needed
4.5×Price ÷ income
$526Weekly 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.

68%mortgage
Mortgage $2,279Property tax $147Condo fee $920Total carry $3,346

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,135per month

Mortgage amount $400,000 · 4.14% over 25 years

$100,000Down payment (20.0%)
$400,000Loan before insurance
$0CMHC premium
$3,202Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,135
Property tax
$147
Condo / maintenance fees
$920
Heating
$0
Estimated monthly cost
$3,202

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

One-time closing costs

Ontario land transfer tax
$6,475
Toronto municipal land transfer tax
$6,475
Estimated closing costs
$12,950

Plus your down payment of $100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,593/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

$240,365Total interest paid
$640,365Total of all payments
Principal $400,000 Interest $240,365
YearPrincipalInterestBalance
1$9,371$16,244$390,629
2$9,763$15,852$380,867
3$10,171$15,444$370,696
4$10,596$15,018$360,100
5$11,040$14,575$349,060
6$11,501$14,113$337,559
7$11,982$13,632$325,576
8$12,484$13,131$313,092
9$13,006$12,609$300,087
10$13,550$12,065$286,537
11$14,117$11,498$272,420
12$14,707$10,907$257,713
13$15,322$10,292$242,391
14$15,963$9,651$226,428
15$16,631$8,984$209,797
16$17,327$8,288$192,470
17$18,051$7,563$174,419
18$18,806$6,808$155,613
19$19,593$6,022$136,020
20$20,413$5,202$115,607
21$21,266$4,348$94,341
22$22,156$3,459$72,185
23$23,083$2,532$49,102
24$24,048$1,566$25,054
25$25,054$561$0

At the end of your 5-year term

Total paid over the term
$128,073
Principal paid down
$50,940
Interest paid
$77,133
Balance remaining
$349,060

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
6.1%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.

9.8%
Gross yield
− Property tax $1,765− Condo fees $11,040− Insurance $600− Vacancy & upkeep $5,412Net operating income $30,383

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of QUEENSWAY REAL ESTATE BROKERAGE INC.. MLS®/PropTx.

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