2006-195 Redpath Avenue, Toronto, ON

Mount Pleasant West, Toronto · MLS® C13457222

$539,000
For Sale
Listed 30 days ago
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2Bedrooms
2Bathrooms
0Parking
600-699Sq Ft

About this home

Airy and bright south-facing 2-bedroom, 2-bathroom suite in Citylights Condos, located in the heart of Midtown Toronto, one of the city's most vibrant and sought-after neighbourhoods. The thoughtfully designed split-bedroom layout offers privacy and functionality, with both bedrooms opening onto a spacious south-facing balcony. The living room also features direct access to the large balcony, filling the unit with abundant natural light. Enjoy two full bathrooms and a modern, open-concept living space. Just minutes from TTC subway and LRT stations, top-rated schools, trendy cafés, restaurants, and major grocery stores. Exceptional building amenities include a rooftop pool, fitness centre/gym, party room, outdoor BBQ area, basketball court, and 24-hour concierge. ***Internet is included!!!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13457222
Bedrooms
2
Bathrooms
2
Size
600-699
Cross streets
Yonge/Eglinton
Parking
0 parking
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$537/mo
Exposure
South
Property tax
$2,801 / 2025
Days on market
30
Listing brokerage
CENTURY 21 HERITAGE GROUP LTD.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$601Kest. value

Listed at $539,000, this home is about 10% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 38 similar homes nearby, adjusted for size, beds, and baths.Median of 38 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $506K, 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 $615K
  • Bathrooms +$15K
  • Adjusts to $630K

That comparable adjusts to $630K; the $601K estimate above is the median of all 38 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.

Its public catchment (North Toronto Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Mt Pleasant Rd at Broadway Ave is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$539KGreat deal$635KOverpriced

Total price vs nearby homes. Fair value about $601K, median of 38 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Mount Pleasant West · asking prices
$561kavg asking

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

202-68 Merton Street$549k1916-50 Dunfield Avenue$499k1705-117 Broadway Avenue$579k613-98 Lillian Street$579k703-5 Soudan Avenue$599k

The 5 closest of 8 active listings nearby.

See all comparable homes
539kThis home549k499k579k579k599kThis home vs active comparables
Live market pulseActive comparables in Mount Pleasant West · median list $599K
$830this home / sqft
69active listings nearby
30days on market

This home lists 10% below the area average of $923/sqft.

29 days longer than the Toronto average (1 days).

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

87/ 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: Mt Pleasant Rd at Broadway Ave, about 211 m away

20+ transit stops12 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
Banbury-Don Mills
$500K
Church-Yonge Corridor
$574K
Willowdale East
$464K
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 Eglinton Junior Public School
70%
Eglinton Junior Public SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$2,457/mo
$115KIncome needed
4.7×Price ÷ income
$567Weekly 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.

76%mortgage
Mortgage $2,457Property tax $233Condo fee $537Total carry $3,227

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,301per month

Mortgage amount $431,200 · 4.14% over 25 years

$107,800Down payment (20.0%)
$431,200Loan before insurance
$0CMHC premium
$3,071Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,301
Property tax
$233
Condo / maintenance fees
$537
Heating
$0
Estimated monthly cost
$3,071

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

One-time closing costs

Ontario land transfer tax
$7,255
Toronto municipal land transfer tax
$7,255
Estimated closing costs
$14,510

Plus your down payment of $107,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,795/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

$259,113Total interest paid
$690,313Total of all payments
Principal $431,200 Interest $259,113
YearPrincipalInterestBalance
1$10,102$17,511$421,098
2$10,524$17,088$410,574
3$10,964$16,648$399,610
4$11,423$16,190$388,187
5$11,901$15,712$376,287
6$12,398$15,214$363,888
7$12,917$14,695$350,971
8$13,457$14,155$337,514
9$14,020$13,592$323,493
10$14,607$13,006$308,887
11$15,218$12,395$293,669
12$15,854$11,758$277,815
13$16,517$11,095$261,297
14$17,208$10,404$244,089
15$17,928$9,684$226,161
16$18,678$8,935$207,483
17$19,459$8,153$188,024
18$20,273$7,339$167,750
19$21,121$6,491$146,629
20$22,005$5,608$124,624
21$22,925$4,687$101,699
22$23,884$3,728$77,815
23$24,883$2,729$52,932
24$25,924$1,689$27,008
25$27,008$604$0

At the end of your 5-year term

Total paid over the term
$138,063
Principal paid down
$54,913
Interest paid
$83,149
Balance remaining
$376,287

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$2,050/mo
$24,600Gross annual rent
2.2%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.

4.6%
Gross yield
− Property tax $2,801− Condo fees $6,446− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,047

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.

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