501-151 Avenue Road, Toronto, ON

Annex, Toronto · MLS® C13214972

$550,000
For Sale
Listed 55 days ago
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1Bedrooms
1Bathrooms
0Parking
0-499Sq Ft

About this home

Live At The Luxurious Avenue 151 Yorkville Condos! Bright And Spacious, Open Concept, Beautifully Kept, One Of A Kind Unit In This Boutique Condo. Plenty Of Living Space. Oak Wood Floors & Paneled Appliances. parking avbl for sale with the unit, addiitonal cost.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13214972
Bedrooms
1
Bathrooms
1
Size
0-499
Cross streets
Avenue Rd & Davenport Rd
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Maintenance
$677/mo
Exposure
West
Property tax
$3,744 / 2025
Days on market
55
Listing brokerage
RE/MAX DASH REALTY
Our TakeTeam Asgarian · Broker
Above comparables
$495Kest. value

Listed at $550,000, and my independent estimate is about 11% above what comparable homes suggest.

In Annex lately, sellers get about 96% of asking; homes sell in ~34 days.

List price
$426KGreat deal$550KOverpriced

Total price vs nearby homes. Fair value about $495K, median of 11 comparables.

How this estimate is builtthe short version

I take the 11 most comparable recent listings 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 listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $570K, a bit higher.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 11 comparable homes nearby.

Comparable listingsCurrently listed nearby in Annex · asking prices
$526kavg asking

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

603-18 Yorkville Avenue$550k2009-8 cumberland Street$559k2006-188 Cumberland Street$513k1104-170 Avenue Road$510k2801-8 Cumberland Street$500k

The 5 closest of 8 active listings nearby.

See all comparable homes
550kThis home550k559k513k510k500kThis home vs active comparables
Live market pulseActive comparables in Annex · median list $495K
$2,204this home / sqft
11active listings nearby
55days on market
100sold nearby · 90 days
$647Kmedian sold price
96%of asking, on average

This home lists 18% above the area average of $1,864/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Annex, 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.

Bay Street Corridor
$638K
Church-Yonge Corridor
$611K
Moss Park
$894K
Waterfront Communities C1
$578K
Niagara
$550K

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 Jesse Ketchum Junior and Senior Public School
87%
Jesse Ketchum Junior and Senior Public SchoolPublic · Elementary · 0.3 km awayHigher-rated than most nearby · 87% meet the provincial standard

Affordability & Mortgage

Affordability
$2,507/mo
$122KIncome needed
4.5×Price ÷ income
$578Weekly 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.

72%mortgage
Mortgage $2,507Property tax $312Condo fee $677Total carry $3,496

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,348per month

Mortgage amount $440,000 · 4.14% over 25 years

$110,000Down payment (20.0%)
$440,000Loan before insurance
$0CMHC premium
$3,337Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,348
Property tax
$312
Condo / maintenance fees
$677
Heating
$0
Estimated monthly cost
$3,337

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

One-time closing costs

Ontario land transfer tax
$7,475
Toronto municipal land transfer tax
$7,475
Estimated closing costs
$14,950

Plus your down payment of $110,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,852/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

$264,401Total interest paid
$704,401Total of all payments
Principal $440,000 Interest $264,401
YearPrincipalInterestBalance
1$10,308$17,868$429,692
2$10,739$17,437$418,953
3$11,188$16,988$407,765
4$11,656$16,520$396,109
5$12,144$16,032$383,966
6$12,652$15,525$371,314
7$13,181$14,995$358,134
8$13,732$14,444$344,402
9$14,306$13,870$330,095
10$14,905$13,271$315,190
11$15,528$12,648$299,662
12$16,178$11,998$283,484
13$16,854$11,322$266,630
14$17,559$10,617$249,070
15$18,294$9,882$230,776
16$19,059$9,117$211,717
17$19,856$8,320$191,861
18$20,687$7,489$171,174
19$21,552$6,624$149,622
20$22,454$5,722$127,168
21$23,393$4,783$103,775
22$24,371$3,805$79,403
23$25,391$2,785$54,012
24$26,453$1,723$27,559
25$27,559$617$0

At the end of your 5-year term

Total paid over the term
$140,880
Principal paid down
$56,034
Interest paid
$84,846
Balance remaining
$383,966

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$2,300/mo
$27,600Gross annual rent
2.2%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.

5.0%
Gross yield
− Property tax $3,744− Condo fees $8,127− Insurance $600− Vacancy & upkeep $3,036Net operating income $12,093

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

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