202-130 Neptune Drive, Toronto, ON

Englemount-Lawrence, Toronto · MLS® C13520830

$499,999
For Sale
Listed 14 days ago
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3Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Experience refined, bungalow-style living in this stunning, fully renovated condo offering approximately 1,300 sq. ft. of thoughtfully designed space...... This rare 3-bedroom, 2-bathroom residence combines modern elegance with exceptional comfort.......Step inside to discover, a sleek contemporary kitchen with updated bathrooms, upgraded flooring, and elegant lighting throughout...... The functional layout is complemented by oversized bedrooms and the convenience of in-suite laundry...... Enjoy your private open balcony with breathtaking south and west-facing views, flooding the home with natural light throughout the day...... This unique property offers a rare sense of privacy and tranquility..... Residents benefit from premium building amenities, along with the added value of 1 parking space and 1 locker...... Ideally situated in a highly sought-after location, you're just minutes from shopping, transit, schools, and everyday essentials...... Plus, this pet-friendly building with no restrictions makes it perfect for animal lovers....... A rare opportunity to own a spacious, turn-key home that truly has it all.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13520830
Bedrooms
3
Bathrooms
2
Size
1200-1399
Cross streets
Bathurst & Hotspur
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Maintenance
$1,117/mo
Exposure
North West
Property tax
$1,908 / 2025
Days on market
14
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Primary BedroomGround7.60 × 3.38 m

laminate · walk-in closet(s) · 4 pc ensuite

Living RoomGround6.40 × 3.67 m

laminate · combined w/dining

Bedroom 3Ground3.74 × 3.00 m

laminate · double closet

KitchenGround4.20 × 2.72 m

vinyl floor · pantry · eat-in kitchen

Dining RoomGround3.57 × 2.20 m

laminate · w/o to balcony

Bedroom 2Ground3.70 × 2.99 m

laminate · double closet

Listing history

  1. May 14, 2026Listed$3,400

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Below comparables
$595Kest. value

Listed at $499,999, this home is about 16% 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 $614K, 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 $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. Opposite 130 Neptune Dr East Side is about a 1-minute walk away.

List price
$500KGreat 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Value driver
Comparable listingsCurrently listed nearby in Englemount-Lawrence · asking prices
$595kavg asking

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

801-150 Neptune Drive$486k202-150 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
500kThis home486k549k595k649k695kThis home vs active comparables
Live market pulseActive comparables in Englemount-Lawrence · median list $649K
$385this home / sqft
15active listings nearby
14days on market

This home lists 29% below the area average of $545/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

67/ 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: Opposite 130 Neptune Dr East Side, about 52 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
$2,279/mo
$116KIncome needed
4.3×Price ÷ income
$526Weekly 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.

64%mortgage
Mortgage $2,279Property tax $159Condo fee $1,117Total carry $3,554

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)
$2,135per month

Mortgage amount $399,999 · 4.14% over 25 years

$100,000Down payment (20.0%)
$399,999Loan before insurance
$0CMHC premium
$3,411Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,135
Property tax
$159
Condo / maintenance fees
$1,117
Heating
$0
Estimated monthly cost
$3,411

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

One-time closing costs

Ontario land transfer tax
$6,475
Toronto municipal land transfer tax
$6,475
Estimated closing costs
$12,950

Plus your down payment of $100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,593/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

$240,364Total interest paid
$640,363Total of all payments
Principal $399,999 Interest $240,364
YearPrincipalInterestBalance
1$9,371$16,244$390,629
2$9,763$15,852$380,866
3$10,171$15,444$370,695
4$10,596$15,018$360,099
5$11,040$14,575$349,059
6$11,501$14,113$337,558
7$11,982$13,632$325,575
8$12,484$13,131$313,092
9$13,006$12,609$300,086
10$13,550$12,065$286,536
11$14,117$11,498$272,420
12$14,707$10,907$257,713
13$15,322$10,292$242,390
14$15,963$9,651$226,427
15$16,631$8,984$209,796
16$17,327$8,288$192,470
17$18,051$7,563$174,419
18$18,806$6,808$155,612
19$19,593$6,022$136,019
20$20,412$5,202$115,607
21$21,266$4,348$94,341
22$22,156$3,459$72,185
23$23,083$2,532$49,102
24$24,048$1,566$25,054
25$25,054$561$0

At the end of your 5-year term

Total paid over the term
$128,073
Principal paid down
$50,940
Interest paid
$77,133
Balance remaining
$349,059

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
5.6%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.

9.8%
Gross yield
− Property tax $1,908− Condo fees $13,399− Insurance $600− Vacancy & upkeep $5,412Net operating income $27,882

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

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