613-98 Lillian Street, Toronto, ON
Mount Pleasant West, Toronto · MLS® C13213606
About this home
Modern Midtown living at The Madison Condos by Madison Group - one of Toronto's most established developers with deep roots throughout the Yonge & Eglinton corridor. With the Eglinton LRT now operational and the years of Midtown evolution finally giving way to a more polished streetscape, this is your chance to fully enjoy one of the city's most connected and vibrant neighbourhoods. Thoughtfully designed and rarely offered, this functional 1+Den, 2 Full Washroom suite offers exceptional flexibility for end users and investors alike. The separated den is ideal as a home office, guest space, nursery, or creative studio, while the second full bathroom adds a level of practicality not often found in this size category. Bright, modern, and efficiently laid out, the suite features approximately 655 sq ft of interior living space plus balcony, open-concept living/dining, floor-to-ceiling windows, contemporary finishes, and a well-appointed kitchen with stainless steel appliances. Parking and locker are included - with the added convenience of the locker being located on the same floor as the suite, making everyday living that much easier. The Madison remains one of Midtown's landmark condo communities for good reason: direct access to Loblaws and LCBO without stepping outside, luxury amenities including concierge service, indoor pool, rooftop garden, party facilities, fitness centre, guest suites, yoga studio, BBQ terraces and more. Just steps to the subway, Eglinton LRT, cafes, restaurants, shopping, parks, cinemas, fitness studios and everything that makes Yonge & Eglinton one of Toronto's true live-work-play neighbourhoods. Convenience, lifestyle and serenity - finally all at once.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13213606
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 2
- Size
- 600-699
- Cross streets
- Yonge and Eglinton
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $768/mo
- Exposure
- North
- Property tax
- $3,559 / 2025
- Days on market
- 55
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Rooms
laminate · stone counters · stainless steel appl
laminate · separate room · open concept
laminate · combined w/kitchen · window
laminate · walk-in closet(s) · 4 pc ensuite
laminate · window floor to ceiling · w/o to balcony
Listed at $579,000, and my independent estimate is about 6% below comparable homes, worth a close look.
In Mount Pleasant West lately, sellers get about 96% of asking; homes sell in ~40 days.
Total price vs nearby homes. Fair value about $617K, 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 $594K, 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
Its public catchment (North Toronto Collegiate Institute) 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
Below comparable homes on total price, yet the price per square foot ($891/sqft) is in line with the area, which usually points to a smaller or more efficient layout.
Based on 5 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 of 8 active listings nearby.
See all comparable homesThis home lists 4% below the area average of $931/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Mount Pleasant West, 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 $463,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,472
- Property tax
- $297
- Condo / maintenance fees
- $768
- Heating
- $0
- Estimated monthly cost
- $3,536
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,055
- Toronto municipal land transfer tax
- $8,055
- Estimated closing costs
- $16,110
Plus your down payment of $115,800. 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
- $148,308
- Principal paid down
- $58,989
- Interest paid
- $89,320
- Balance remaining
- $404,211
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 ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM. MLS®/PropTx.