7 Ursa Star Way, Toronto, ON

Henry Farm, Toronto · MLS® C13421930

$990,000
For Sale
Listed 38 days ago
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4Bedrooms
2Bathrooms
1Garage · 2 parking
1400-1599Sq Ft

About this home

Newly renovated, sun-filled townhouse in the heart of North York. 3 bdrms + Den & 2 baths, practical layout, spacious bedrooms, open concept living/dining rooms, new bathrooms, new kitchen with S & S appliances. Well maintained complex and centrally located. Close to all amenities, walk to Don Mills/Sheppard Subway, buses, Fairview Mall, shopping, supermarket, schools, community centre, parks and minutes to 404/DVP/401.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
C13421930
Bedrooms
4 (3 + 1)
Bathrooms
2 (1 half)
Size
1400-1599
Cross streets
Don Mills/Sheppard
Parking
1 garage · 2 parking (attached)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$509/mo
Exposure
North
Property tax
$3,238 / 2026
Days on market
38
Listing brokerage
ELITE CAPITAL REALTY INC.

Rooms

KitchenMain3.35 × 2.79 m

eat-in kitchen · quartz counter · stainless steel appl

Living RoomMain5.49 × 3.36 m

laminate · pot lights

Bedroom 2Second4.18 × 2.70 m

laminate · overlooks backyard

DenGround2.79 × 2.68 m

2 pc bath · w/o to yard

Dining RoomMain3.36 × 2.75 m

laminate · casement windows

Primary BedroomSecond4.78 × 3.03 m

laminate · large closet · overlooks frontyard

Bedroom 3Second2.91 × 2.70 m

laminate · overlooks backyard

Listing history

  1. Jul 14, 2026Listed$3,600

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

Moe’s TakeTeam Asgarian · Broker
Above comparables
$796Kest. value

Listed at $990,000, this home is about 24% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Henry Farm, so I widened the search to the surrounding area.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $712K, a bit lower.

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 $799K
  • Bathrooms −$15K
  • Adjusts to $784K

That comparable adjusts to $784K; the $796K estimate above is the median of all 7 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.

The assigned public school is George S Henry Academy. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Yorkland Blvd (North) at Yorkland Rd is about a 5-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$784KGreat deal$990KOverpriced

Total price vs nearby homes. Fair value about $796K, median of 7 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$785kavg asking

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

207-50 Merchant Lane$795k20-120 Murison Boulevard$690k32-220 Manitoba Street$900k1520-28 Sommerset Way$799kTh69-315 Village Green Square$740k

The 5 closest of 7 active listings nearby.

See all comparable homes
990kThis home795k690k900k799k740kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $700K
$660this home / sqft
65active listings nearby
38days on market

This home lists 15% above the area average of $572/sqft.

34 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Henry Farm, 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

81/ 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: Yorkland Blvd (North) at Yorkland Rd, about 364 m away

20+ transit stops6 grocery20+ dining20+ parks10 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.

Don Valley Village
$720K
L'Amoreaux
$600K
Hillcrest Village
$677K
Victoria Village
$782K
Willowdale East
$799K

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 Woodbine Middle School
45%
Woodbine Middle SchoolPublic · Elementary · 1.3 km awayBelow the GTA average · 45% meet the provincial standard
Forest Manor Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$4,512/mo
$193KIncome needed
5.1×Price ÷ income
$1,041Weekly 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.

85%mortgage
Mortgage $4,512Property tax $270Condo fee $509Total carry $5,291

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)
$4,226per month

Mortgage amount $792,000 · 4.14% over 25 years

$198,000Down payment (20.0%)
$792,000Loan before insurance
$0CMHC premium
$5,005Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,226
Property tax
$270
Condo / maintenance fees
$509
Heating
$0
Estimated monthly cost
$5,005

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

One-time closing costs

Ontario land transfer tax
$16,275
Toronto municipal land transfer tax
$16,275
Estimated closing costs
$32,550

Plus your down payment of $198,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,133/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

$475,922Total interest paid
$1,267,922Total of all payments
Principal $792,000 Interest $475,922
YearPrincipalInterestBalance
1$18,554$32,163$773,446
2$19,330$31,387$754,116
3$20,138$30,578$733,978
4$20,981$29,736$712,997
5$21,858$28,858$691,139
6$22,773$27,944$668,366
7$23,725$26,992$644,641
8$24,718$25,999$619,923
9$25,752$24,965$594,171
10$26,829$23,888$567,343
11$27,951$22,766$539,392
12$29,120$21,597$510,272
13$30,338$20,379$479,934
14$31,607$19,110$448,327
15$32,929$17,788$415,397
16$34,307$16,410$381,091
17$35,742$14,975$345,349
18$37,237$13,480$308,113
19$38,794$11,923$269,319
20$40,417$10,300$228,902
21$42,107$8,610$186,795
22$43,869$6,848$142,926
23$45,704$5,013$97,222
24$47,615$3,102$49,607
25$49,607$1,110$0

At the end of your 5-year term

Total paid over the term
$253,584
Principal paid down
$100,861
Interest paid
$152,723
Balance remaining
$691,139

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$4,750/mo
$57,000Gross annual rent
4.1%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.

5.8%
Gross yield
− Property tax $3,238− Condo fees $6,108− Insurance $600− Vacancy & upkeep $6,270Net operating income $40,784

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

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