511-109 Erskine Avenue, Toronto, ON

Mount Pleasant West, Toronto · MLS® C13464230

$1,499,900
For Sale
Listed 35 days ago
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3Bedrooms
2Bathrooms
0Parking
1000-1199Sq Ft

About this home

AKRA by Curated Properties offers a peaceful haven amid the energy of the city. From the moment you enter, a sense of calm sets in, enhanced by interiors by renowned Chapi Chapo Design and a custom lobby lighting system that shifts throughout the day to support a healthy circadian rhythm. Ideally located in the vibrant Yonge & Eglinton neighbourhood, AKRA blends convenience, culture, and connection. Step into this thoughtfully crafted 3-bedroom, 2-bath residence offering 1,168 sq. ft. of bright, functional living space, complemented by a 108 sq. ft. balcony. The kitchen showcases built in integrated appliances, quartz countertops, designer hardware, concealed hinges, and soft-close drawers, all set against engineered hardwood flooring throughout. Spacious bedrooms feature large windows and closet space, while the primary suite stands out with a walk-in closet and a stylish 3-piece ensuite. A beautifully balanced home in a standout midtown community.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13464230
Bedrooms
3
Bathrooms
2
Size
1000-1199
Cross streets
Yonge St & Eglinton Ave
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$896/mo
Exposure
North South
Days on market
35
Listing brokerage
SAGE REAL ESTATE LIMITED

Rooms

Primary BedroomFlat0.00 × 0.00 m

3 pc ensuite · walk-in closet(s) · hardwood floor

Living RoomFlat0.00 × 0.00 m

hardwood floor · w/o to balcony · south view

KitchenFlat0.00 × 0.00 m

b/i appliances · quartz counter · hardwood floor

Bedroom 3Flat0.00 × 0.00 m

closet · hardwood floor · north view

Dining RoomFlat0.00 × 0.00 m

open concept · hardwood floor · combined w/living

Bedroom 2Flat0.00 × 0.00 m

hardwood floor · north view · closet

Our TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On schools, this address is zoned for North Toronto Collegiate Institute, 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.

Comparable listingsCurrently listed nearby · asking prices
$646kavg asking

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

1007-49 Silverstone Drive$610k810-11 Wincott Drive$529k2509-181 Wynford Drive$800k

The 3 closest active listings nearby.

See all comparable homes
1.50MThis home610k529k800kThis home vs active comparables
Live market pulseActive comparables in Mount Pleasant West · median list $878K
$1,364this home / sqft
20active listings nearby
35days on market
100sold nearby · 90 days
$680Kmedian sold price
96%of asking, on average

This home lists 38% above the area average of $988/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

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bay Street Corridor
$638K
Church-Yonge Corridor
$611K
Bayview Village
$523K
Willowdale East
$539K
Moss Park
$894K

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 John Fisher Junior Public School
85%
John Fisher Junior Public SchoolPublic · Elementary · 0.2 km awayHigher-rated than most nearby · 85% meet the provincial standard

Affordability & Mortgage

Affordability
$6,836/mo
$312KIncome needed
4.8×Price ÷ income
$1,578Weekly 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.

79%mortgage
Mortgage $6,836Property tax $937Condo fee $896Total carry $8,670

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,403per month

Mortgage amount $1,199,920 · 4.14% over 25 years

$299,980Down payment (20.0%)
$1,199,920Loan before insurance
$0CMHC premium
$8,237Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,403
Property tax
$937
Condo / maintenance fees
$896
Heating
$0
Estimated monthly cost
$8,237

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

One-time closing costs

Ontario land transfer tax
$26,473
Toronto municipal land transfer tax
$26,473
Estimated closing costs
$52,946

Plus your down payment of $299,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,777/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

$721,046Total interest paid
$1,920,966Total of all payments
Principal $1,199,920 Interest $721,046
YearPrincipalInterestBalance
1$28,110$48,729$1,171,810
2$29,286$47,553$1,142,524
3$30,511$46,328$1,112,013
4$31,787$45,052$1,080,226
5$33,117$43,722$1,047,110
6$34,502$42,337$1,012,608
7$35,945$40,894$976,663
8$37,448$39,390$939,215
9$39,015$37,824$900,200
10$40,647$36,192$859,553
11$42,347$34,492$817,206
12$44,118$32,720$773,088
13$45,964$30,875$727,124
14$47,886$28,952$679,238
15$49,889$26,949$629,348
16$51,976$24,862$577,372
17$54,150$22,688$523,222
18$56,415$20,423$466,807
19$58,775$18,064$408,032
20$61,233$15,605$346,798
21$63,795$13,044$283,003
22$66,463$10,375$216,540
23$69,243$7,595$147,297
24$72,140$4,699$75,157
25$75,157$1,682$0

At the end of your 5-year term

Total paid over the term
$384,193
Principal paid down
$152,810
Interest paid
$231,383
Balance remaining
$1,047,110

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$3,400/mo
$40,800Gross annual rent
1.0%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.

2.7%
Gross yield
− Property tax $10,499− Condo fees $10,754− Insurance $600− Vacancy & upkeep $4,488Net operating income $14,459

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SAGE REAL ESTATE LIMITED. MLS®/PropTx.

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