2610-2 Sonic Way, Toronto, ON

Flemingdon Park, Toronto · MLS® C13428368

$299,000
For Sale
Listed 37 days ago
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1Bathrooms
0Parking
0-499Sq Ft

About this home

Modern Bright Condo Studio Unit. Affordable Price In Town. Toronto's Fast Growing Area. The Sonic Condos In The Highly Desirable Don Mills/Eglinton Area! Large And Bright South Facing Studio Features High End Luxury Finishes With Great Downtown Views, 1 Bath And A Open Balcony. Enjoy Being Steps From The Crosstown Eglinton Lrt, Shops At Don Mills, Loblaws & Ontario Science Centre. Just Minutes To The Dvp/401. Amazing Building Which Includes 25,000 Sq. Ft. Amenities: Gym, Party Room, Guest Suites, Visitor Parking & 24Hr Concierge.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13428368
Bathrooms
1
Size
0-499
Cross streets
Donmills / Eglinton
Parking
0 parking
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$249/mo
Exposure
South
Property tax
$1,173 / 2025
Days on market
37
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$440Kest. value

Listed at $299,000, this home is about 32% 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 ($1,198/sqft) is above the area, which usually points to a smaller or more efficient layout.

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

Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $258K, lower 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 $405K
  • Adjusts to $405K

That comparable adjusts to $405K; the $440K estimate above is the median of all 11 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 Rippleton Public School. 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. Don Mills Rd at Eglinton Ave East is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$299KGreat deal$489KOverpriced

Total price vs nearby homes. Fair value about $440K, median of 11 comparables.

Comparable listingsCurrently listed nearby · asking prices
$415kavg asking

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

1009-33 Sheppard Avenue$370k1812-2020 Bathurst Street$405k2605-319 Jarvis Street$425k2916-252 Church Street$435k706-28 Wellesley Street$438k

The 5 closest of 8 active listings nearby.

See all comparable homes
299kThis home370k405k425k435k438kThis home vs active comparables
Live market pulseActive comparables in Flemingdon Park · median list $455K
$1,198this home / sqft
51active listings nearby
37days on market

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Flemingdon 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

80/ 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: Don Mills Rd at Eglinton Ave East, about 206 m away

20+ transit stops5 grocery20+ dining18 parks15 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.

Banbury-Don Mills
$500K
Annex
$1.57M
Church-Yonge Corridor
$590K
Willowdale East
$441K
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 Rippleton Public School
75%
Rippleton Public SchoolPublic · Elementary · 3.1 km awayAbove the GTA average · 75% meet the provincial standard

Affordability & Mortgage

Affordability
$1,363/mo
$63KIncome needed
4.7×Price ÷ income
$314Weekly 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.

80%mortgage
Mortgage $1,363Property tax $98Condo fee $249Total carry $1,709

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)
$1,276per month

Mortgage amount $239,200 · 4.14% over 25 years

$59,800Down payment (20.0%)
$239,200Loan before insurance
$0CMHC premium
$1,623Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,276
Property tax
$98
Condo / maintenance fees
$249
Heating
$0
Estimated monthly cost
$1,623

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

One-time closing costs

Ontario land transfer tax
$2,960
Toronto municipal land transfer tax
$2,960
Estimated closing costs
$5,920

Plus your down payment of $59,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,550/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

$143,738Total interest paid
$382,938Total of all payments
Principal $239,200 Interest $143,738
YearPrincipalInterestBalance
1$5,604$9,714$233,596
2$5,838$9,479$227,758
3$6,082$9,235$221,676
4$6,337$8,981$215,340
5$6,602$8,716$208,738
6$6,878$8,440$201,860
7$7,166$8,152$194,695
8$7,465$7,852$187,229
9$7,777$7,540$179,452
10$8,103$7,215$171,349
11$8,442$6,876$162,907
12$8,795$6,523$154,112
13$9,163$6,155$144,950
14$9,546$5,772$135,404
15$9,945$5,372$125,458
16$10,361$4,956$115,097
17$10,795$4,523$104,302
18$11,246$4,071$93,056
19$11,717$3,601$81,340
20$12,207$3,111$69,133
21$12,717$2,600$56,416
22$13,249$2,068$43,167
23$13,803$1,514$29,363
24$14,381$937$14,982
25$14,982$335$0

At the end of your 5-year term

Total paid over the term
$76,588
Principal paid down
$30,462
Interest paid
$46,125
Balance remaining
$208,738

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
6.6%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.

9.2%
Gross yield
− Property tax $1,173− Condo fees $2,988− Insurance $600− Vacancy & upkeep $3,036Net operating income $19,803

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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