801-150 Neptune Drive, Toronto, ON

Englemount-Lawrence, Toronto · MLS® C13482724

$485,900
For Sale
Listed 23 days ago
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3Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Welcome to Unit 801! A rare opportunity to own this spacious 1,320 sq. ft. three-bedroom condominium in a highly desirable central location. Enjoy an abundance of natural light through large windows and take in stunning views of the CN Tower from two southwest-facing balconies. This well-maintained unit has been recently painted and features new light fixtures, offering afresh and modern feel. Residents enjoy excellent building amenities. Conveniently located close to public transit, restaurants, shopping, and Yorkdale Mall, this home combines comfort, space, and accessibility. Water and heat are included in the maintenance fees, adding even more value. Don't miss this exceptional opportunity to own a bright, spacious home with spectacular views in a prime location. Including tennis courts, outdoor pool, playground, sauna, exercise room, party room

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13482724
Bedrooms
3
Bathrooms
2
Size
1200-1399
Cross streets
Bathurst/Wilson/Allen
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Brick
Maintenance
$1,597/mo
Exposure
South West
Property tax
$3,408 / 2026
Days on market
23
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Bedroom 2Main3.05 × 2.69 m
Primary BedroomMain4.56 × 3.50 m
KitchenMain4.03 × 4.65 m
BedroomMain3.77 × 3.51 m
Dining RoomMain2.75 × 2.36 m
Living RoomMain3.55 × 7.90 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$595Kest. value

Listed at $485,900, this home is about 18% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.10M, higher than the comparables and worth a second look.

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 $649K
  • Adjusts to $649K

That comparable adjusts to $649K; the $595K estimate above is the median of all 5 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 John Polanyi Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. 150 Neptune Dr is about a 1-minute walk away.

List price
$486KGreat deal$649KOverpriced

Total price vs nearby homes. Fair value about $595K, median of 5 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Value driver
Comparable listingsCurrently listed nearby in Englemount-Lawrence · asking prices
$598kavg asking

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

202-130 Neptune Drive$500k202-150 Neptune Drive$549k702-130 Neptune Drive$595k304-150 Neptune Drive$649k1405-150 Neptune Drive$695k

The 5 closest active listings nearby.

See all comparable homes
486kThis home500k549k595k649k695kThis home vs active comparables
Live market pulseActive comparables in Englemount-Lawrence · median list $649K
$374this home / sqft
15active listings nearby
23days on market

This home lists 32% below the area average of $546/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

Englemount-Lawrence, 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

65/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: 150 Neptune Dr, about 59 m away

20+ transit stops5 grocery20+ dining18 parks18 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.

Willowdale East
$441K
Willowdale West
$770K
Annex
$1.39M
Banbury-Don Mills
$500K
Church-Yonge Corridor
$577K

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 Polanyi Collegiate Institute
54%
John Polanyi Collegiate InstitutePublic · Secondary · 1.4 km awayBelow the GTA average · 54% meet the provincial standard
Baycrest Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,215/mo
$127KIncome needed
3.8×Price ÷ income
$511Weekly 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.

54%mortgage
Mortgage $2,215Property tax $284Condo fee $1,597Total carry $4,096

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)
$2,074per month

Mortgage amount $388,720 · 4.14% over 25 years

$97,180Down payment (20.0%)
$388,720Loan before insurance
$0CMHC premium
$3,955Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,074
Property tax
$284
Condo / maintenance fees
$1,597
Heating
$0
Estimated monthly cost
$3,955

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

One-time closing costs

Ontario land transfer tax
$6,193
Toronto municipal land transfer tax
$6,193
Estimated closing costs
$12,386

Plus your down payment of $97,180. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,519/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

$233,586Total interest paid
$622,306Total of all payments
Principal $388,720 Interest $233,586
YearPrincipalInterestBalance
1$9,106$15,786$379,614
2$9,487$15,405$370,126
3$9,884$15,008$360,242
4$10,298$14,595$349,945
5$10,728$14,164$339,216
6$11,177$13,715$328,039
7$11,645$13,248$316,395
8$12,132$12,761$304,263
9$12,639$12,253$291,624
10$13,168$11,725$278,456
11$13,719$11,174$264,738
12$14,292$10,600$250,446
13$14,890$10,002$235,555
14$15,513$9,379$220,042
15$16,162$8,730$203,880
16$16,838$8,054$187,043
17$17,542$7,350$169,500
18$18,276$6,616$151,224
19$19,040$5,852$132,184
20$19,837$5,055$112,347
21$20,667$4,226$91,680
22$21,531$3,361$70,149
23$22,432$2,461$47,718
24$23,370$1,522$24,348
25$24,348$545$0

At the end of your 5-year term

Total paid over the term
$124,461
Principal paid down
$49,504
Interest paid
$74,958
Balance remaining
$339,216

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$4,100/mo
$49,200Gross annual rent
4.2%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.

10.1%
Gross yield
− Property tax $3,408− Condo fees $19,169− Insurance $600− Vacancy & upkeep $5,412Net operating income $20,611

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

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