3402-2221 Yonge Street, Toronto, ON

Mount Pleasant West, Toronto · MLS® C13559990

$649,000
For Sale
Listed 3 days ago
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2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Discover this stunning 2-bedroom, 2-bathroom condo in the highly sought-after Yonge and Eglinton neighborhood! This northeast corner unit features a functional, modern kitchen and floor-to-ceiling windows that flood the space with natural light. The primary bedroom boasts a spacious mirrored closet, while the private wrap around balcony offers a perfect retreat. Enjoy fabulous amenities, including a 24-hour concierge, fitness center, spa, and an outdoor lounge with BBQs. Ideally located just steps from 24/7 TTC, the new Crosstown LRT, the library, and a vibrant community filled with stellar shopping, casual dining, and all essential amenities. Valet Parking With Larger Space. **EXTRAS** Pictures are from prior to tenancy. Dishwasher, Stove, Fridge, Dryer & Washer. Locker Included. Existing Window Coverings. Valet Parking With Larger Space.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13559990
Bedrooms
2
Bathrooms
2
Size
700-799
Cross streets
Yonge/Eglinton
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$729/mo
Exposure
North East
Property tax
$3,951 / 2025
Days on market
3
Listing brokerage
RE/MAX KEY2 REAL ESTATE

Rooms

Bedroom 2Main3.23 × 2.57 m

laminate · walk-in closet(s) · closet

Dining RoomMain4.50 × 3.38 m

laminate · combined w/kitchen

KitchenMain4.50 × 3.38 m

laminate · combined w/dining · w/o to balcony

Primary BedroomMain3.20 × 3.07 m

laminate · 3 pc ensuite · mirrored closet

Living RoomMain4.50 × 3.38 m

laminate · combined w/dining

Moe’s TakeTeam Asgarian · Broker
In line
$699Kest. value

Listed at $649,000, 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 41 similar homes nearby, adjusted for size, beds, and baths.Median of 41 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $746K, 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 $679K
  • Bathrooms +$15K
  • Adjusts to $694K

That comparable adjusts to $694K; the $699K estimate above is the median of all 41 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 Whitney Junior Public 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 very walkable address with everyday errands close by. Yonge St at Eglinton Ave East is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$632KGreat deal$741KOverpriced

Total price vs nearby homes. Fair value about $699K, median of 41 comparables.

Comparable listingsCurrently listed nearby in Mount Pleasant West · asking prices
$643kavg asking

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

1202-2221 Yonge Street$649k2811-5 Soudan Avenue$670k426-900 Mount Pleasant Road$600k1111-117 Broadway Avenue$699k729-89 Dunfield Avenue$599k

The 5 closest of 8 active listings nearby.

See all comparable homes
649kThis home649k670k600k699k599kThis home vs active comparables
Live market pulseActive comparables in Mount Pleasant West · median list $599K
$866this home / sqft
70active listings nearby
3days on market

This home lists 6% below the area average of $926/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

Mount Pleasant West, 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

88/ 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: Yonge St at Eglinton Ave East, about 39 m away

20+ transit stops10 grocery20+ dining20+ parks20+ 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.

Annex
$1.39M
Church-Yonge Corridor
$574K
Banbury-Don Mills
$500K
Waterfront Communities C1
$694K
Waterfront Communities C8
$998K

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 Whitney Junior Public School
94%
Whitney Junior Public SchoolPublic · Elementary · 2.6 km awayAmong the top in the GTA · 94% meet the provincial standard
Spectrum Alternative Senior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,958/mo
$141KIncome needed
4.6×Price ÷ income
$683Weekly 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.

74%mortgage
Mortgage $2,958Property tax $329Condo fee $729Total carry $4,016

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)
$2,771per month

Mortgage amount $519,200 · 4.14% over 25 years

$129,800Down payment (20.0%)
$519,200Loan before insurance
$0CMHC premium
$3,829Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,771
Property tax
$329
Condo / maintenance fees
$729
Heating
$0
Estimated monthly cost
$3,829

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

One-time closing costs

Ontario land transfer tax
$9,455
Toronto municipal land transfer tax
$9,455
Estimated closing costs
$18,910

Plus your down payment of $129,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,365/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

$311,993Total interest paid
$831,193Total of all payments
Principal $519,200 Interest $311,993
YearPrincipalInterestBalance
1$12,163$21,085$507,037
2$12,672$20,576$494,365
3$13,202$20,046$481,163
4$13,754$19,494$467,409
5$14,329$18,918$453,080
6$14,929$18,319$438,151
7$15,553$17,695$422,598
8$16,204$17,044$406,394
9$16,882$16,366$389,512
10$17,588$15,660$371,925
11$18,323$14,924$353,601
12$19,090$14,158$334,512
13$19,888$13,359$314,623
14$20,720$12,528$293,903
15$21,587$11,661$272,316
16$22,490$10,758$249,826
17$23,431$9,817$226,396
18$24,411$8,837$201,985
19$25,432$7,816$176,553
20$26,495$6,752$150,058
21$27,604$5,644$122,454
22$28,758$4,489$93,696
23$29,961$3,286$63,735
24$31,214$2,033$32,520
25$32,520$728$0

At the end of your 5-year term

Total paid over the term
$166,239
Principal paid down
$66,120
Interest paid
$100,118
Balance remaining
$453,080

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$2,400/mo
$28,800Gross annual rent
1.9%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.

4.4%
Gross yield
− Property tax $3,951− Condo fees $8,750− Insurance $600− Vacancy & upkeep $3,168Net operating income $12,331

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX KEY2 REAL ESTATE. MLS®/PropTx.

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