209-380 Macpherson Avenue, Toronto, ON
Casa Loma, Toronto · MLS® C13164702
About this home
Madison Avenue Lofts, Suite 209 at 380 Macpherson offers a rare, design-forward take on authentic loft living-where scale, texture, and light come together with quiet intention. Soaring 14-foot ceilings and expansive windows define the space, while exposed concrete, steel ductwork, and industrial detailing create a refined architectural backdrop. A custom floor-to-ceiling bookshelf wall-complete with a sliding ladder-anchors the main living area, introducing both function and statement in equal measure. Originally designed as a two-bedroom, the residence has been thoughtfully reimagined into a generous one-bedroom with an expansive open-concept great room. The living and dining areas flow effortlessly, offering flexibility for both everyday living and elevated entertaining. The kitchen is sleek and modern, finished with stainless steel appliances and a breakfast bar that integrates seamlessly into the space. The primary suite is quietly set apart, framed by a full wall of windows and complemented by its own private balcony, ample closet space, and a well-appointed four-piece ensuite. A second full bathroom adds convenience for guests. Two large balconies extend the living experience outdoors, offering multiple moments to step away and take in the surrounding cityscape. Residents enjoy access to a curated collection of amenities, including a rooftop terrace with unobstructed views toward Casa Loma, complete with BBQs and lounge areas designed for long summer evenings. Additional offerings include a fitness centre, theatre room, party spaces, and concierge service. Underground parking and a second-floor locker are included, with bike storage conveniently located on P1. A rare offering in one of Toronto's most distinctive loft conversions-effortless, architectural, and quietly iconic.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13164702
- Bedrooms
- 1
- Bathrooms
- 2
- Size
- 800-899
- Cross streets
- Spadina Rd. and Dupont St.
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete, Brick
- Maintenance
- $893/mo
- Exposure
- North
- Property tax
- $3,884 / 2025
- Days on market
- 62
- Listing brokerage
- REAL BROKER ONTARIO LTD.
Rooms
open concept · 3 pc bath · combined w/dining
4 pc ensuite · w/o to balcony · closet
b/i bookcase · w/o to balcony · overlooks living
breakfast bar · stainless steel appl · overlooks dining
Listed at $799,000, and my independent estimate is about 13% above what comparable homes suggest.
In Casa Loma lately, sellers get about 96% of asking; homes sell in ~32 days.
Total price vs nearby homes. Fair value about $710K, median of 3 comparables.
How this estimate is builtthe short version
I take the 3 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 $656K, a close match.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- 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
Its public catchment (Brown Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO 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 ($941/sqft) is below the area, so you are paying for extra space rather than a premium.
Based on 3 comparable homes that recently sold nearby.
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 22% below the area average of $1,199/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Casa Loma, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $639,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,411
- Property tax
- $324
- Condo / maintenance fees
- $893
- Heating
- $0
- Estimated monthly cost
- $4,628
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,455
- Toronto municipal land transfer tax
- $12,455
- Estimated closing costs
- $24,910
Plus your down payment of $159,800. 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
- $204,661
- Principal paid down
- $81,402
- Interest paid
- $123,258
- Balance remaining
- $557,798
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 REAL BROKER ONTARIO LTD.. MLS®/PropTx.