1509-2020 Bathurst Street, Toronto, ON

Humewood-Cedarvale, Toronto · MLS® C13453558

$414,999
For Sale
Listed 31 days ago
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1Bedrooms
1Bathrooms
1Garage
0-499Sq Ft

About this home

This brand-new 1-bedroom, 1-bathroom condo with parking CentreCourt Developments Inc. offers an outstanding investment opportunity in one of Torontos most desirable growth corridors.Situated at Bathurst and Eglinton, the property is steps to dining, shopping, grocery stores,Yorkdale Mall, and TTC transit, with seamless access to Allen Road and Highway 401. Even more attractive for investors, the building will have direct connectivity to the new Forest Hill LRT station, placing this suite at the heart of a high-demand, transit-oriented community. The west-facing unit features 9-foot ceilings and floor-to-ceiling windows, ensuring bright, open living space that appeals to tenants and end-users alike. The modern kitchen is equipped with premium stainless steel appliances including a built-in microwave, fridge, freezer, dishwasher, and wine fridge alongside a brand-new washer and dryer. Sleek laminate floors run throughout, offering both style and low-maintenance durability. A spacious balcony with unobstructed views adds further tenant appeal, while the rare inclusion of two lockers and one parking space increases long-term value. Residents also enjoy access to an impressive range of amenities, including a full fitness centre, yoga room, BBQ terrace, party room, and guest suite features that drive higher rental demand and retention. With internet included, premium finishes, and a location poised for major appreciation thanks to direct LRT access, this condo offers investors the perfect combination of strong rental potential and long-term capital growth.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13453558
Bedrooms
1
Bathrooms
1
Size
0-499
Cross streets
Bathurst St & Eglinton Ave W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$483/mo
Exposure
North
Property tax
$3,253 / 2026
Days on market
31
Listing brokerage
FIRST CLASS REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Above comparables
$402Kest. value

Listed at $414,999, this home is about 3% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $473K, 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 $405K
  • Adjusts to $405K

That comparable adjusts to $405K; the $402K estimate above is the median of all 6 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 Cedarvale Community 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 very walkable address with everyday errands close by. Forest Hill is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$350KGreat deal$415KOverpriced

Total price vs nearby homes. Fair value about $402K, median of 6 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.

  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Worth verifying
Comparable listingsCurrently listed nearby in Humewood-Cedarvale · asking prices
$398kavg asking

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

1812-2020 Bathurst Street$405k1810-2020 Bathurst Street$405k535-2020 Bathurst Street$430k821-2020 Bathurst Street$399k310-15 Maplewood Avenue$350k

The 5 closest of 6 active listings nearby.

See all comparable homes
415kThis home405k405k430k399k350kThis home vs active comparables
Live market pulseActive comparables in Humewood-Cedarvale · median list $405K
$1,663this home / sqft
6active listings nearby
31days on market

This home lists 9% above the area average of $1,529/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

Humewood-Cedarvale, 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: Forest Hill, about 18 m away

20+ transit stops5 grocery20+ dining20+ parks17 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
$1.57M
Church-Yonge Corridor
$577K
Waterfront Communities C1
$672K
Waterfront Communities C8
$1.19M
Willowdale East
$441K

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 Cedarvale Community School
85%
Cedarvale Community SchoolPublic · Elementary · 0.6 km awayHigher-rated than most nearby · 85% meet the provincial standard
Forest Hill Collegiate InstituteEQAO results not published

Affordability & Mortgage

Affordability
$1,891/mo
$94KIncome needed
4.4×Price ÷ income
$436Weekly 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 $1,891Property tax $271Condo fee $483Total carry $2,646

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)
$1,772per month

Mortgage amount $331,999 · 4.14% over 25 years

$83,000Down payment (20.0%)
$331,999Loan before insurance
$0CMHC premium
$2,526Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,772
Property tax
$271
Condo / maintenance fees
$483
Heating
$0
Estimated monthly cost
$2,526

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

One-time closing costs

Ontario land transfer tax
$4,775
Toronto municipal land transfer tax
$4,775
Estimated closing costs
$9,550

Plus your down payment of $83,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,152/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

$199,502Total interest paid
$531,501Total of all payments
Principal $331,999 Interest $199,502
YearPrincipalInterestBalance
1$7,778$13,482$324,222
2$8,103$13,157$316,119
3$8,442$12,818$307,677
4$8,795$12,465$298,882
5$9,163$12,097$289,719
6$9,546$11,714$280,173
7$9,945$11,315$270,228
8$10,361$10,899$259,866
9$10,795$10,465$249,071
10$11,246$10,014$237,825
11$11,717$9,543$226,108
12$12,207$9,053$213,901
13$12,717$8,543$201,184
14$13,249$8,011$187,934
15$13,804$7,456$174,131
16$14,381$6,879$159,750
17$14,983$6,278$144,767
18$15,609$5,651$129,158
19$16,262$4,998$112,896
20$16,942$4,318$95,954
21$17,651$3,609$78,303
22$18,389$2,871$59,913
23$19,159$2,102$40,755
24$19,960$1,300$20,795
25$20,795$465$0

At the end of your 5-year term

Total paid over the term
$106,300
Principal paid down
$42,280
Interest paid
$64,020
Balance remaining
$289,719

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
3.6%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.

6.7%
Gross yield
− Property tax $3,253− Condo fees $5,800− Insurance $600− Vacancy & upkeep $3,036Net operating income $14,911

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

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