1609-18 Sommerset Way, Toronto, ON

Willowdale East, Toronto · MLS® C13488990

$499,000
For Sale
Listed 23 days ago
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1Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Steps from Finch subway station, this bright one-bedroom suite (620 sqft) at Sommerset at Northtown delivers something rare for the area: low, all-inclusive maintenance fees covering heat, hydro and water - plus a spot in the sought-after McKee Public and Earl Haig Secondary catchments, known for strong academic and arts programs. Inside, an open living/dining area fills with afternoon light and sunset West views. The renovated galley kitchen impresses with granite counters, a mosaic glass backsplash, stainless-steel appliances and generous cabinetry, while the spacious bedroom fits a queen bed and includes a custom wardrobe system. The modern bath features a frameless glass shower and a contemporary vanity. Rich laminate flooring and neutral tones carry throughout, turnkey and move-in ready. Built by Tridel and backed by 24-hour gatehouse security, Sommerset offers a resort-style amenity package: indoor pool and hot tub, sauna, fully equipped gym, party and games rooms, a library lounge with fireplace, two guest suites and visitor parking. The building is pet-friendly with a parking garage on site. Step outside to a 24-hour Metro supermarket, restaurants and cafes across the street, with parks and the Mitchell Field Community Centre nearby. Easy access to Yonge-Finch transit and Highway 401 makes this an effortless fit for first-time buyers, investors and downsizers alike. Convenient city living in one of North York's most desirable communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13488990
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Yonge/Finch
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$525/mo
Exposure
West
Property tax
$2,187 / 2025
Days on market
23
Listing brokerage
CENTURY 21 ATRIA REALTY INC.

Rooms

KitchenFlat2.35 × 2.28 m

stainless steel appl · combined w/laundry · granite counters

Dining RoomFlat6.10 × 3.30 m

laminate · combined w/living · ceiling fan(s)

BathroomFlat2.20 × 2.40 m

renovated · granite counters · 3 pc bath

Living RoomFlat6.10 × 3.30 m

laminate · combined w/dining · west view

BedroomFlat3.50 × 3.05 m

laminate · large closet · large window

Moe’s TakeTeam Asgarian · Broker
In line
$500Kest. value

Listed at $499,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 43 similar homes nearby, adjusted for size, beds, and baths.Median of 43 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $412K, 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 $489K
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $444K

That comparable adjusts to $444K; the $500K estimate above is the median of all 43 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 Earl Haig Secondary 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$470KGreat deal$530KOverpriced

Total price vs nearby homes. Fair value about $500K, median of 43 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$543kavg asking

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

1906-18 Yonge Street$498k806-20 Olive Avenue$419k316-85 Queens Wharf Road$589k219-188 Fairview Mall Drive$508k1111-77 Harbour Square$699k

The 5 closest of 6 active listings nearby.

See all comparable homes
499kThis home498k419k589k508k699kThis home vs active comparables
Live market pulseActive comparables in Willowdale East · median list $525K
$768this home / sqft
57active listings nearby
23days on market

This home lists 4% below the area average of $804/sqft.

22 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

Willowdale East, 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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 West
$770K
Bayview Village
$748K
Westminster-Branson
$500K
Annex
$929K
Church-Yonge Corridor
$672K

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 McKee Public School
86%
McKee Public SchoolPublic · Elementary · 0.3 km awayHigher-rated than most nearby · 86% meet the provincial standard

Affordability & Mortgage

Affordability
$2,274/mo
$106KIncome needed
4.7×Price ÷ income
$525Weekly 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 $2,274Property tax $182Condo fee $525Total carry $2,982

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)
$2,130per month

Mortgage amount $399,200 · 4.14% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$2,838Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,130
Property tax
$182
Condo / maintenance fees
$525
Heating
$0
Estimated monthly cost
$2,838

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

One-time closing costs

Ontario land transfer tax
$6,455
Toronto municipal land transfer tax
$6,455
Estimated closing costs
$12,910

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,587/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

$239,884Total interest paid
$639,084Total of all payments
Principal $399,200 Interest $239,884
YearPrincipalInterestBalance
1$9,352$16,211$389,848
2$9,743$15,820$380,105
3$10,151$15,413$369,954
4$10,575$14,988$359,379
5$11,018$14,546$348,362
6$11,478$14,085$336,883
7$11,958$13,605$324,925
8$12,459$13,105$312,466
9$12,980$12,584$299,486
10$13,523$12,041$285,964
11$14,088$11,475$271,875
12$14,678$10,886$257,198
13$15,292$10,272$241,906
14$15,931$9,632$225,975
15$16,598$8,966$209,377
16$17,292$8,271$192,085
17$18,015$7,548$174,070
18$18,769$6,795$155,301
19$19,554$6,010$135,748
20$20,372$5,192$115,376
21$21,224$4,340$94,152
22$22,112$3,452$72,040
23$23,036$2,527$49,004
24$24,000$1,563$25,004
25$25,004$559$0

At the end of your 5-year term

Total paid over the term
$127,817
Principal paid down
$50,838
Interest paid
$76,979
Balance remaining
$348,362

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
2.6%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.

4.9%
Gross yield
− Property tax $2,187− Condo fees $6,301− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,806

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

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