508-160 Vanderhoof Avenue, Toronto, ON

Thorncliffe Park, Toronto · MLS® C13218632

$399,000
For Sale
Listed 48 days ago
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1Bedrooms
1Bathrooms
1Garage
0-499Sq Ft

About this home

** Award Winning Aspen Ridge Scenic III ** Beautiful One Bedroom Apartment With Unobstructed South View ** Overlooking The Park And Cn Tower ** Upgraded Undermount Sink ** Granite Countertop ** Stainless Steel Stove & Fridge ** Close To All Amenities ** Steps To TTC ** Minutes To DVP & Future LTR ** Close To Restaurants, Shopping Centre, Supermarket, Home Depot ** Full Facilities: Indoor Swimming Pool, State Of The Art Gym, Guest Suites, Yoga, Sauna, Party Room, Theatre, 24 Hrs Concierge, Outdoor BBQ Patio, Underground Free Visitor Parkings **

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13218632
Bedrooms
1
Bathrooms
1
Size
0-499
Cross streets
Leslie/Eglinton
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$490/mo
Exposure
South West
Property tax
$2,006 / 2025
Days on market
48
Listing brokerage
TRADEWORLD REALTY INC

Rooms

Primary BedroomFlat3.17 × 2.99 m

laminate · large closet

Dining RoomFlat4.36 × 3.69 m

laminate · combined w/living

KitchenFlat4.36 × 3.69 m

laminate · combined w/dining · granite counters

Living RoomFlat4.36 × 3.69 m

laminate · combined w/dining · w/o to balcony

Listing history

  1. Jul 10, 2026Listed$2,100

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Below comparables
$435Kest. value

Listed at $399,000, this home is about 8% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($1,599/sqft) is above the area, which usually points to a smaller or more efficient layout.

There were not many closely comparable homes right in Thorncliffe Park, 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.

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 $405K
  • Adjusts to $405K

That comparable adjusts to $405K; the $435K 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.

On schools, this address is zoned for Bessborough Drive Elementary and Middle School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

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
$399KGreat deal$438KOverpriced

Total price vs nearby homes. Fair value about $435K, 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$429kavg asking

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

1812-2020 Bathurst Street$405k2605-319 Jarvis Street$425k2916-252 Church Street$435k706-28 Wellesley Street$438k4110-252 Church Street$440k

The 5 closest of 6 active listings nearby.

See all comparable homes
399kThis home405k425k435k438k440kThis home vs active comparables
Live market pulseActive comparables in Thorncliffe Park · median list $520K
$1,599this home / sqft
17active listings nearby
48days on market

47 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

Thorncliffe 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.

Annex
$929K
Church-Yonge Corridor
$656K
Bayview Village
$748K
Willowdale East
$489K
Willowdale West
$770K

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 Rolph Road Elementary School
88%
Rolph Road Elementary SchoolPublic · Elementary · 1.9 km awayHigher-rated than most nearby · 88% meet the provincial standard

Affordability & Mortgage

Affordability
$1,819/mo
$87KIncome needed
4.6×Price ÷ income
$420Weekly 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.

73%mortgage
Mortgage $1,819Property tax $167Condo fee $490Total carry $2,475

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)
$1,703per month

Mortgage amount $319,200 · 4.14% over 25 years

$79,800Down payment (20.0%)
$319,200Loan before insurance
$0CMHC premium
$2,361Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,703
Property tax
$167
Condo / maintenance fees
$490
Heating
$0
Estimated monthly cost
$2,361

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

One-time closing costs

Ontario land transfer tax
$4,460
Toronto municipal land transfer tax
$4,460
Estimated closing costs
$8,920

Plus your down payment of $79,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,069/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

$191,811Total interest paid
$511,011Total of all payments
Principal $319,200 Interest $191,811
YearPrincipalInterestBalance
1$7,478$12,963$311,722
2$7,791$12,650$303,932
3$8,116$12,324$295,815
4$8,456$11,985$287,359
5$8,810$11,631$278,550
6$9,178$11,262$269,372
7$9,562$10,878$259,810
8$9,962$10,478$249,848
9$10,379$10,062$239,469
10$10,813$9,628$228,656
11$11,265$9,175$217,391
12$11,736$8,704$205,655
13$12,227$8,213$193,428
14$12,739$7,702$180,689
15$13,271$7,169$167,418
16$13,827$6,614$153,591
17$14,405$6,036$139,186
18$15,007$5,433$124,179
19$15,635$4,805$108,544
20$16,289$4,151$92,254
21$16,971$3,470$75,284
22$17,680$2,760$57,603
23$18,420$2,020$39,184
24$19,190$1,250$19,993
25$19,993$447$0

At the end of your 5-year term

Total paid over the term
$102,202
Principal paid down
$40,650
Interest paid
$61,552
Balance remaining
$278,550

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
4.0%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.

6.9%
Gross yield
− Property tax $2,006− Condo fees $5,876− Insurance $600− Vacancy & upkeep $3,036Net operating income $16,082

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

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