216-60 Pavane Linkway, Toronto, ON

Flemingdon Park, Toronto · MLS® C13497408

$490,000
For Sale
Listed 26 days ago
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3Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

This is a place if LOCATION matters and convenience is what you seek. A 3 bedroom spacious home which has all the convenience one would ask for. Located close to downtown, this could be a very good investment property which will get you more $$$. The building is next to green space with superb view and beautiful trails which would take you to a quite and tranquil time with nature. located to all the convenience you would need.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13497408
Bedrooms
3
Bathrooms
2 (1 half)
Size
1000-1199
Cross streets
Pavane And Vicora Linkway
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
None
Exterior
Brick, Concrete
Foundation
Poured Concrete
Maintenance
$1,020/mo
Exposure
North East
Property tax
$1,803 / 2026
Days on market
26
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Bedroom 2Main3.62 × 2.72 m

hardwood floor · closet

Primary BedroomMain4.73 × 3.33 m

2 pc ensuite · hardwood floor · closet

Living RoomMain6.50 × 3.50 m

Combined w/Dining

KitchenMain3.70 × 3.50 m

backsplash · family size kitchen · stainless steel appl

Bedroom 3Main3.64 × 3.05 m

hardwood floor · closet

Dining RoomMain3.30 × 2.45 m

W/O To Balcony

Moe’s TakeTeam Asgarian · Broker
Above comparables
$462Kest. value

Listed at $490,000, this home is about 6% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($446/sqft) is in line with the area, so you are paying for extra space rather than a premium.

In Flemingdon Park lately, sellers have been getting about 97% of asking and homes sell in about 35 days.

Based on 7 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 7 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $500K, 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, sold for $525K
  • Adjusts to $525K

That comparable adjusts to $525K; the $462K estimate above is the median of all 7 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

The assigned public school is Gateway Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$443KGreat deal$490KOverpriced

Total price vs nearby homes. Fair value about $462K, median of 7 comparables.

Comparable listingsCurrently listed nearby in Flemingdon Park · asking prices
$481kavg asking

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

401-15 Vicora Linkway$488k208-15 Vicora Link Way$486k903-15 Vicora Linkway$500k1904-10 Sunny Glen Way$480k1016-5 Shady Golfway$450k

The 5 closest of 8 active listings nearby.

See all comparable homes
490kThis home488k486k500k480k450kThis home vs active comparables
Live market pulseActive comparables in Flemingdon Park · median list $485K
$446this home / sqft
33active listings nearby
26days on market
76sold nearby · 90 days
$523Kmedian sold price
97%of asking, on average

This home lists 6% below the area average of $473/sqft.

25 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

Flemingdon Park, 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.

Banbury-Don Mills
$649K
The Beaches
$799K
Moss Park
$528K
Henry Farm
$627K
Church-Yonge Corridor
$583K

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 Gateway Public School
54%
Gateway Public SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 54% meet the provincial standard

Affordability & Mortgage

Affordability
$2,233/mo
$112KIncome needed
4.4×Price ÷ income
$515Weekly 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.

66%mortgage
Mortgage $2,233Property tax $150Condo fee $1,020Total carry $3,404

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,092per month

Mortgage amount $392,000 · 4.14% over 25 years

$98,000Down payment (20.0%)
$392,000Loan before insurance
$0CMHC premium
$3,262Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,092
Property tax
$150
Condo / maintenance fees
$1,020
Heating
$0
Estimated monthly cost
$3,262

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

One-time closing costs

Ontario land transfer tax
$6,275
Toronto municipal land transfer tax
$6,275
Estimated closing costs
$12,550

Plus your down payment of $98,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,541/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

$235,557Total interest paid
$627,557Total of all payments
Principal $392,000 Interest $235,557
YearPrincipalInterestBalance
1$9,183$15,919$382,817
2$9,567$15,535$373,249
3$9,968$15,135$363,282
4$10,384$14,718$352,898
5$10,819$14,283$342,079
6$11,271$13,831$330,807
7$11,743$13,359$319,065
8$12,234$12,868$306,831
9$12,746$12,357$294,085
10$13,279$11,823$280,806
11$13,834$11,268$266,972
12$14,413$10,689$252,559
13$15,016$10,086$237,543
14$15,644$9,458$221,899
15$16,298$8,804$205,601
16$16,980$8,122$188,621
17$17,690$7,412$170,931
18$18,430$6,672$152,500
19$19,201$5,901$133,299
20$20,004$5,098$113,295
21$20,841$4,261$92,454
22$21,713$3,390$70,741
23$22,621$2,481$48,120
24$23,567$1,535$24,553
25$24,553$549$0

At the end of your 5-year term

Total paid over the term
$125,511
Principal paid down
$49,921
Interest paid
$75,590
Balance remaining
$342,079

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
4.4%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.

8.3%
Gross yield
− Property tax $1,803− Condo fees $12,243− Insurance $600− Vacancy & upkeep $4,488Net operating income $21,665

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

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