1605-1815 Yonge Street, Toronto, ON

Mount Pleasant West, Toronto · MLS® C13236330

$459,900
For Sale
Listed 44 days ago
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1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Located in the heart of Toronto's vibrant Midtown, this 1-bedroom, 1-bathroom + 2 Lockers unit at 1815 Yonge Street offers an exceptional blend of urban convenience and natural tranquility. Just steps from Davisville Subway Station and across from the scenic Oriole Park, this property provides seamless access to transit, lush green spaces, and the city's finest amenities, including boutique shops, gourmet dining, and high-end grocery stores. Whether you're seeking a chic residence or a savvy investment, this prime location delivers the perfect combination of lifestyle and growth potential. Dont miss your chance to own a premier property in one of Torontos most sought-after neighborhoods!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13236330
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Yonge St / Merton St
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$614/mo
Exposure
North
Property tax
$2,956 / 2025
Days on market
44
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.
Moe’s TakeTeam Asgarian · Broker
In line
$474Kest. value

Listed at $459,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $594K, higher than the comparables and worth a second look.

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 $369K
  • Adjusts to $369K

That comparable adjusts to $369K; the $474K estimate above is the median of all 8 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 North Toronto Collegiate Institute, 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 very walkable address with everyday errands close by. Yonge St at Merton St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$440KGreat deal$499KOverpriced

Total price vs nearby homes. Fair value about $474K, median of 8 comparables.

Comparable listingsCurrently listed nearby in Mount Pleasant West · asking prices
$488kavg asking

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

1506-2221 Yonge Street$470k228-161 Roehampton Avenue$478k404-117 Broadway Avenue$440k1611-127 Broadway Avenue$515k3007-30 Roehampton Avenue$539k

The 5 closest of 8 active listings nearby.

See all comparable homes
460kThis home470k478k440k515k539kThis home vs active comparables
Live market pulseActive comparables in Mount Pleasant West · median list $589K
$837this home / sqft
58active listings nearby
44days on market

This home lists 9% below the area average of $920/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

Mount Pleasant West, 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

82/ 100

Very WalkableA 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Yonge St at Merton St, about 60 m away

20+ transit stops10 grocery20+ dining20+ parks20+ pharmacies

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
$1.39M
Church-Yonge Corridor
$574K
Waterfront Communities C1
$688K
Waterfront Communities C8
$998K
Banbury-Don Mills
$500K

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 Davisville Junior Public School
86%
Davisville Junior Public SchoolPublic · Elementary · 0.4 km awayHigher-rated than most nearby · 86% meet the provincial standard

Affordability & Mortgage

Affordability
$2,096/mo
$103KIncome needed
4.5×Price ÷ income
$484Weekly 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.

71%mortgage
Mortgage $2,096Property tax $246Condo fee $614Total carry $2,956

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,963per month

Mortgage amount $367,920 · 4.14% over 25 years

$91,980Down payment (20.0%)
$367,920Loan before insurance
$0CMHC premium
$2,824Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,963
Property tax
$246
Condo / maintenance fees
$614
Heating
$0
Estimated monthly cost
$2,824

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

One-time closing costs

Ontario land transfer tax
$5,673
Toronto municipal land transfer tax
$5,673
Estimated closing costs
$11,346

Plus your down payment of $91,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,385/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

$221,087Total interest paid
$589,007Total of all payments
Principal $367,920 Interest $221,087
YearPrincipalInterestBalance
1$8,619$14,941$359,301
2$8,980$14,581$350,321
3$9,355$14,205$340,966
4$9,747$13,814$331,220
5$10,154$13,406$321,065
6$10,579$12,981$310,486
7$11,021$12,539$299,465
8$11,482$12,078$287,982
9$11,963$11,598$276,020
10$12,463$11,097$263,557
11$12,984$10,576$250,572
12$13,528$10,033$237,044
13$14,093$9,467$222,951
14$14,683$8,877$208,268
15$15,297$8,263$192,971
16$15,937$7,623$177,034
17$16,604$6,957$160,430
18$17,298$6,262$143,132
19$18,022$5,539$125,111
20$18,775$4,785$106,335
21$19,561$4,000$86,775
22$20,379$3,181$66,396
23$21,231$2,329$45,164
24$22,119$1,441$23,045
25$23,045$516$0

At the end of your 5-year term

Total paid over the term
$117,801
Principal paid down
$46,855
Interest paid
$70,947
Balance remaining
$321,065

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$1,700/mo
$20,400Gross annual rent
1.6%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.

4.4%
Gross yield
− Property tax $2,956− Condo fees $7,362− Insurance $600− Vacancy & upkeep $2,244Net operating income $7,238

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

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