209-275 Yorkland Road, Toronto, ON
Henry Farm, Toronto · MLS® C13458390
About this home
Welcome to 275 Yorkland Road, an exceptional opportunity to own an affordable 1-bedroomcondominium in a highly convenient Toronto location. Listed for under $400,000, this unit offers outstanding value for first-time buyers, investors, young professionals, or those looking to downsize without sacrificing convenience. Featuring a functional open-concept layout, this bright and well-maintained suite offers comfortable living with a spacious bedroom, modern kitchen, and a welcoming living and dining area. Large windows provide plenty of natural light, creating a warm and inviting atmosphere throughout the home. Included with the unit are 1 underground parking space and 1 storage locker, providing added convenience and value rarely found at this price point. Whether you're looking for a place to call home or a smart real estate investment, this property checks all the boxes. Ideally situated with quick access to Highways 401, 404, and the DVP, commuting across the GTA is effortless. Residents are also close to TTC transit, Fairview Mall, grocery stores, restaurants, parks, schools, and a variety of everyday amenities. The building offers a desirable lifestyle in a growing and well-connected community. With home ownership becoming increasingly challenging in Toronto, opportunities like this are becoming harder to find. Don't miss your chance to secure a well-located condo with parking and locker included for under $400,000. Great value, excellent location, and strong long-term potential make this property a must-see. Book your private viewing today.
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- C13458390
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500-599
- Cross streets
- Sheppard Avenue East and Highway 404
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding
- Maintenance
- $489/mo
- Exposure
- East
- Property tax
- $2,033 / 2026
- Days on market
- 33
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
Listed at $399,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 50 similar homes nearby, adjusted for size, beds, and baths.Median of 50 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $417K, a close match.
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 $520K
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $475K
That comparable adjusts to $475K; the $392K estimate above is the median of all 50 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 Pleasant View Middle 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. 2025 Sheppard Avenue East is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $392K, median of 50 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.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Lifestyle
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 7% below the area average of $779/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Henry Farm, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Walker's ParadiseA 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: 2025 Sheppard Avenue East, about 146 m away
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 20, 2026); conventional rates run a little higher.
Mortgage amount $319,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,703
- Property tax
- $169
- Condo / maintenance fees
- $489
- Heating
- $0
- Estimated monthly cost
- $2,362
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,460
- Toronto municipal land transfer tax
- $4,460
- Estimated closing costs
- $8,920
Plus your down payment of $79,800. 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
- $102,202
- Principal paid down
- $40,650
- Interest paid
- $61,552
- Balance remaining
- $278,550
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 REALTRON REALTY INC.. MLS®/PropTx.