514-1121 Steeles Avenue, Toronto, ON
Westminster-Branson, Toronto · MLS® C13432692
About this home
Welcome to The Primrose Towers, a sought-after gated community set amongst beautifully landscaped grounds and resort-style amenities. This spacious 2-bedroom, 2-bathroom suite offers over 900 sq. ft. of bright, sun-filled living space, plus a private balcony with peaceful treetop views. A rare offering, the unit includes two tandem parking spaces. Whether you're a first-time buyer, downsizer, or savvy renovator, this home presents an incredible opportunity to create your dream space. Consider it a blank canvas-ready for your personal vision and special touches. With generous principal rooms and an ideal layout, you can renovate and customize to your heart's desire. Enjoy effortless living with 24-hour gatehouse security and an impressive array of amenities, including manicured gardens, an outdoor pool, gym, sauna, whirlpool, squash/racquetball and tennis courts, billiards room, library, social rooms, and more. Ideally located within walking distance to Metro, FreshCo, Shoppers Drug Mart, banks, cafés, Kiva's Bakery, and everyday conveniences, with easy TTC access and quick connections to the subway. An exceptional opportunity in a well-established community offering comfort, convenience, and endless potential.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13432692
- Bedrooms
- 2
- Bathrooms
- 2 (1 half)
- Size
- 900-999
- Cross streets
- Bathurst St/ Steeles Ave W
- Parking
- 1 garage · 2 parking (underground)
- Basement
- None
- Heating
- Radiant
- A/C
- Central Air
- Exterior
- Metal/Steel Siding
- Maintenance
- $980/mo
- Exposure
- South East
- Property tax
- $2,186 / 2026
- Days on market
- 36
- Listing brokerage
- RE/MAX HALLMARK BATORI GROUP INC.
Rooms
open concept · combined w/living
family size kitchen · tile floor
double closet · window floor to ceiling · broadloom
4 pc ensuite · mirrored closet · w/o to balcony
open concept · large window · w/o to balcony
Listed at $439,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 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 $518K, a bit higher.
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 $459K
- Size difference +$50K
- Adjusts to $509K
That comparable adjusts to $509K; the $444K 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 Rockford 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $444K, median of 11 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Value driver
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 6% below the area average of $490/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Westminster-Branson, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $351,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,878
- Property tax
- $182
- Condo / maintenance fees
- $980
- Heating
- $0
- Estimated monthly cost
- $3,040
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $5,273
- Toronto municipal land transfer tax
- $5,273
- Estimated closing costs
- $10,546
Plus your down payment of $87,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $112,679
- Principal paid down
- $44,817
- Interest paid
- $67,861
- Balance remaining
- $307,103
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK BATORI GROUP INC.. MLS®/PropTx.