203-398 Eglinton Avenue, Toronto, ON

Mount Pleasant East, Toronto · MLS® C13562468

$469,000
For Sale
Listed 3 days ago
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1Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Updated and beautifully maintained one bedroom condo in a Boutique building- The Maxim, situated in a central and much loved Toronto neighbourhood. City living at your front door, yet peaceful-tranquil exposure overlooking the park and the gazebo, sip your morning coffee or relax after a busy day on your private balcony. Great layout with ensuite laundry with stacked washer/dryer and storage shelves, huge front closet and walk-in closet in bedroom -spacious bedroom with large picture window-great flow kitchen-dining-living rooms, 2 walk-outs to balcony. Underground parking- storage locker and utilities are included in the maintenance fees. Enjoy the wonderful amenities at your disposal : renovated/modern party room-nicely equipped gym-sauna-garden with gazebo and barbeque -visitor parking, and discover the wonderful shops-restaurants the area has to offer.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13562468
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Eglinton & Mount Pleasant
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$862/mo
Exposure
North
Property tax
$2,654 / 2025
Days on market
3
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

KitchenFlat2.90 × 1.90 m

ceramic floor · breakfast bar · ceramic backsplash

Primary BedroomFlat3.94 × 3.02 m

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

Dining RoomFlat5.36 × 3.00 m

laminate · combined w/living · open concept

Living RoomFlat5.36 × 3.00 m

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

Moe’s TakeTeam Asgarian · Broker
Below comparables
$550Kest. value

Listed at $469,000, this home is about 15% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $459K, a bit lower.

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 $499K
  • Bedrooms −$30K
  • Adjusts to $469K

That comparable adjusts to $469K; the $550K estimate above is the median of all 9 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.

Its public catchment (Northern Secondary School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Eglinton Ave East at Forman Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$469KGreat deal$621KOverpriced

Total price vs nearby homes. Fair value about $550K, median of 9 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 · asking prices
$481kavg asking

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

2207-33 Empress Avenue$488k1906-18 Yonge Street$498k1406-75 The Donway$500k1609-133 Wynford Drive$500k806-20 Olive Avenue$419k

The 5 closest of 8 active listings nearby.

See all comparable homes
469kThis home488k498k500k500k419kThis home vs active comparables
Live market pulseActive comparables in Mount Pleasant East · median list $599K
$722this home / sqft
10active listings nearby
3days on market

This home lists 22% below the area average of $923/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 East, 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

83/ 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: Eglinton Ave East at Forman Ave, about 54 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
Banbury-Don Mills
$500K
Church-Yonge Corridor
$574K
Willowdale East
$441K
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 Eglinton Junior Public School
70%
Eglinton Junior Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$2,138/mo
$108KIncome needed
4.3×Price ÷ income
$493Weekly 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 $2,138Property tax $221Condo fee $862Total carry $3,220

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)
$2,002per month

Mortgage amount $375,200 · 4.14% over 25 years

$93,800Down payment (20.0%)
$375,200Loan before insurance
$0CMHC premium
$3,085Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,002
Property tax
$221
Condo / maintenance fees
$862
Heating
$0
Estimated monthly cost
$3,085

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

One-time closing costs

Ontario land transfer tax
$5,855
Toronto municipal land transfer tax
$5,855
Estimated closing costs
$11,710

Plus your down payment of $93,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,432/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

$225,462Total interest paid
$600,662Total of all payments
Principal $375,200 Interest $225,462
YearPrincipalInterestBalance
1$8,790$15,237$366,410
2$9,157$14,869$357,253
3$9,540$14,486$347,713
4$9,939$14,087$337,773
5$10,355$13,671$327,418
6$10,788$13,238$316,630
7$11,240$12,787$305,390
8$11,710$12,317$293,681
9$12,199$11,827$281,481
10$12,710$11,317$268,771
11$13,241$10,785$255,530
12$13,795$10,231$241,735
13$14,372$9,654$227,363
14$14,973$9,053$212,389
15$15,600$8,427$196,789
16$16,252$7,774$180,537
17$16,932$7,094$163,605
18$17,640$6,386$145,965
19$18,378$5,648$127,586
20$19,147$4,880$108,439
21$19,948$4,079$88,492
22$20,782$3,244$67,709
23$21,652$2,375$46,058
24$22,557$1,469$23,501
25$23,501$526$0

At the end of your 5-year term

Total paid over the term
$120,132
Principal paid down
$47,782
Interest paid
$72,351
Balance remaining
$327,418

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$2,050/mo
$24,600Gross annual rent
1.8%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.

5.2%
Gross yield
− Property tax $2,654− Condo fees $10,341− Insurance $600− Vacancy & upkeep $2,706Net operating income $8,299

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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