1501-275 Yorkland Road, Toronto, ON

Henry Farm, Toronto · MLS® C13511528

$380,000
For Sale
Listed 15 days ago
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1Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Beautiful Condo Unit In Prime North York Location, Minute To Hwy 404, Walk To Fairview Mall, Don Mills Subway, Public Transit At Door Step & Close To All Amenities. Freshly painted with designer's color, Contemporary Open Concept layout, Floor To Ceiling Windows. Spacious & Bright. Stainless Steel Fridge, Stove, Built-In Dishwasher, Over-The-Range Microwave, Front Loaded Washer & Dryer, All Electric Light Fixtures And Window Coverings. Move In And Enjoy.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13511528
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Sheppard And Hwy 404
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$491/mo
Exposure
West
Property tax
$2,033 / 2026
Days on market
15
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

Rooms

Dining RoomGround3.66 × 53.10 m

combined w/living · laminate

Primary BedroomGround3.05 × 3.30 m

walk-in closet(s) · w/o to balcony · laminate

Living RoomGround3.66 × 5.10 m

combined w/dining · laminate

KitchenGround3.66 × 5.10 m

combined w/dining · open concept · laminate

Moe’s TakeTeam Asgarian · Broker
In line
$412Kest. value

Listed at $380,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

Based on 22 similar homes nearby, adjusted for size, beds, and baths.Median of 22 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $405K, 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 $399K
  • Bedrooms −$30K
  • Adjusts to $369K

That comparable adjusts to $369K; the $412K estimate above is the median of all 22 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. Sheppard Ave. E. @ Herons Hill Way is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$373KGreat deal$430KOverpriced

Total price vs nearby homes. Fair value about $412K, median of 22 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
Comparable listingsCurrently listed nearby in Henry Farm · asking prices
$426kavg asking

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

303-52 Forest Manor Road$399k109-62 Forest Manor Road$430k2406-2015 Sheppard Avenue$449k

The 3 closest active listings nearby.

See all comparable homes
380kThis home399k430k449kThis home vs active comparables
Live market pulseActive comparables in Henry Farm · median list $519K
$692this home / sqft
35active listings nearby
15days on market

This home lists 13% below the area average of $795/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

Henry Farm, 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

84/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Sheppard Ave. E. @ Herons Hill Way, about 148 m away

20+ transit stops7 grocery20+ dining20+ parks12 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.

Bayview Village
$748K
Banbury-Don Mills
$500K
Willowdale East
$441K
Church-Yonge Corridor
$590K
Waterfront Communities C8
$1.24M

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 Muirhead Public School
35%
Muirhead Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 35% meet the provincial standard

Affordability & Mortgage

Affordability
$1,732/mo
$84KIncome needed
4.5×Price ÷ income
$400Weekly 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.

72%mortgage
Mortgage $1,732Property tax $169Condo fee $491Total carry $2,393

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)
$1,622per month

Mortgage amount $304,000 · 4.14% over 25 years

$76,000Down payment (20.0%)
$304,000Loan before insurance
$0CMHC premium
$2,283Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,622
Property tax
$169
Condo / maintenance fees
$491
Heating
$0
Estimated monthly cost
$2,283

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

One-time closing costs

Ontario land transfer tax
$4,175
Toronto municipal land transfer tax
$4,175
Estimated closing costs
$8,350

Plus your down payment of $76,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,970/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

$182,677Total interest paid
$486,677Total of all payments
Principal $304,000 Interest $182,677
YearPrincipalInterestBalance
1$7,122$12,345$296,878
2$7,420$12,048$289,459
3$7,730$11,737$281,729
4$8,053$11,414$273,676
5$8,390$11,077$265,286
6$8,741$10,726$256,544
7$9,107$10,360$247,438
8$9,488$9,980$237,950
9$9,884$9,583$228,066
10$10,298$9,169$217,768
11$10,729$8,738$207,039
12$11,177$8,290$195,862
13$11,645$7,822$184,217
14$12,132$7,335$172,085
15$12,639$6,828$159,445
16$13,168$6,299$146,277
17$13,719$5,748$132,558
18$14,293$5,174$118,266
19$14,891$4,576$103,375
20$15,514$3,954$87,861
21$16,162$3,305$71,699
22$16,838$2,629$54,860
23$17,543$1,924$37,318
24$18,277$1,190$19,041
25$19,041$426$0

At the end of your 5-year term

Total paid over the term
$97,335
Principal paid down
$38,714
Interest paid
$58,621
Balance remaining
$265,286

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$1,700/mo
$20,400Gross annual rent
2.5%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.

5.4%
Gross yield
− Property tax $2,033− Condo fees $5,894− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,629

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

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