1602-21 Overlea Boulevard, Toronto, ON

Thorncliffe Park, Toronto · MLS® C13556248

$399,900
For Sale
Listed 5 days ago
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2Bedrooms
1Bathrooms
1Garage
800-899Sq Ft

About this home

Bright and well-maintained 1-bedroom plus den condo in the sought-after Jockey Club. Spacious, functional layout with a versatile den that can serve as a second bedroom, home office, or guest room. Enjoy unobstructed south-facing views of the Toronto skyline and Lake Ontario, including Canada Day and Victoria Day fireworks. Just a 2-minute walk to the future Ontario Line station. Costco, shopping, restaurants, parks, and everyday amenities are all within walking distance. Easy access to the Don Valley Parkway provides a quick commute to downtown and uptown Toronto. An exceptional opportunity to own in a prime, transit-friendly location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13556248
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
800-899
Cross streets
Overlea/Thorncliffe
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$765/mo
Exposure
South
Property tax
$1,825 / 2025
Days on market
5
Listing brokerage
HC REALTY GROUP INC.

Rooms

Bedroom 2Main3.08 × 3.05 m

laminate · picture window · south view

Primary BedroomMain4.60 × 3.00 m

laminate · mirrored closet · south view

Living RoomMain6.80 × 3.30 m

combined w/dining · laminate · picture window

KitchenMain3.07 × 2.31 m

laminate · updated · south view

Dining RoomMain6.80 × 3.30 m

combined w/living · laminate · south view

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is Marc Garneau 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, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

Comparable listingsCurrently listed nearby in Thorncliffe Park · asking prices
$649kavg asking

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

1604-21 Overlea Boulevard$419k913-160 Vanderhoof Avenue$650kLPH21-35 Brian Peck Crescent$729k1510-35 Brian Peck Crescent$709k901-35 Brian Peck Crescent$739k

The 5 closest active listings nearby.

See all comparable homes
400kThis home419k650k729k709k739kThis home vs active comparables
Live market pulseActive comparables in Thorncliffe Park · median list $556K
$471this home / sqft
12active listings nearby
5days on market

This home lists 40% below the area average of $779/sqft.

4 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

Thorncliffe 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.

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.

Annex
$929K
Church-Yonge Corridor
$656K
Waterfront Communities C1
$745K
Bayview Village
$748K
Willowdale East
$489K

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 Valley Park Middle School
51%
Valley Park Middle SchoolPublic · Elementary · 1.3 km awayBelow the GTA average · 51% meet the provincial standard
Fraser Mustard Early Learning AcademyEQAO results not published

Affordability & Mortgage

Affordability
$1,823/mo
$92KIncome needed
4.3×Price ÷ income
$421Weekly 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.

67%mortgage
Mortgage $1,823Property tax $152Condo fee $765Total carry $2,739

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)
$1,707per month

Mortgage amount $319,920 · 4.14% over 25 years

$79,980Down payment (20.0%)
$319,920Loan before insurance
$0CMHC premium
$2,624Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,707
Property tax
$152
Condo / maintenance fees
$765
Heating
$0
Estimated monthly cost
$2,624

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

One-time closing costs

Ontario land transfer tax
$4,474
Toronto municipal land transfer tax
$4,474
Estimated closing costs
$8,947

Plus your down payment of $79,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,074/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

$192,244Total interest paid
$512,164Total of all payments
Principal $319,920 Interest $192,244
YearPrincipalInterestBalance
1$7,495$12,992$312,425
2$7,808$12,678$304,617
3$8,135$12,352$296,483
4$8,475$12,012$288,008
5$8,829$11,657$279,178
6$9,199$11,288$269,979
7$9,584$10,903$260,396
8$9,984$10,502$250,411
9$10,402$10,084$240,009
10$10,837$9,649$229,172
11$11,290$9,196$217,882
12$11,763$8,724$206,119
13$12,255$8,232$193,864
14$12,767$7,719$181,097
15$13,301$7,185$167,795
16$13,858$6,629$153,938
17$14,437$6,049$139,500
18$15,041$5,445$124,459
19$15,670$4,816$108,788
20$16,326$4,161$92,463
21$17,009$3,478$75,454
22$17,720$2,766$57,733
23$18,461$2,025$39,272
24$19,234$1,253$20,038
25$20,038$448$0

At the end of your 5-year term

Total paid over the term
$102,433
Principal paid down
$40,742
Interest paid
$61,691
Balance remaining
$279,178

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$2,700/mo
$32,400Gross annual rent
4.3%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.

8.1%
Gross yield
− Property tax $1,825− Condo fees $9,177− Insurance $600− Vacancy & upkeep $3,564Net operating income $17,234

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

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