1605-181 Sterling Road, Toronto, ON

Dufferin Grove, Toronto · MLS® C13573676

$581,000
For Sale
Listed 1 day ago
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2Bedrooms
2Bathrooms
0Parking
600-699Sq Ft

About this home

Live in the heart of the vibrant Sterling Junction neighbourhood! Welcome to the brand new House of Assembly condos. Suite 1605 has never been lived in and is a 625-square-foot 1-bedroom + den, 2-bathroom unit that will make you love where you live. This north-facing unit is filled with natural light and gorgeous city views from your oversized 143 square foot balcony. You'll love cooking and hosting dinner parties in your modern kitchen with sleek finishes throughout. The living and dining area offers lots of room for your perfect vignette. The spacious den is perfect for a home office, a home gym, or whatever your heart desires. Locker included for extra storage. Enjoy unmatched convenience with cafés, the Museum of Contemporary Art, Terroni Sterling, Henderson Brewing Company, parks, and more just steps away. Ideally located near TTC transit, GO Transit, and the Bloor UP Express for an easy commute to the city or to the airport in mere minutes. Premium amenities include 24/7 concierge, yoga studio, first-class level fitness centre, rooftop terrace with BBQs, party room, dog run, and bike storage. Welcome home!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13573676
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
600-699
Cross streets
Dundas St W & Bloor St W
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Roof
Flat
Maintenance
$496/mo
Exposure
North
Days on market
1
Listing brokerage
REMAX CONNECT REALTY

Rooms

Dining RoomFlat4.05 × 4.02 m

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

KitchenFlat4.05 × 4.02 m

open concept · modern kitchen · laminate

Living RoomFlat4.05 × 4.02 m

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

Primary BedroomFlat4.04 × 4.01 m

large window · 3 pc ensuite · laminate

DenFlat2.34 × 2.13 m

laminate · separate room

Moe’s TakeTeam Asgarian · Broker
In line
$609Kest. value

Listed at $581,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths.

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 $564K
  • Adjusts to $564K

That comparable adjusts to $564K; the $609K estimate above is the median of all 7 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 (Perth Avenue Junior Public 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. 422 Lansdowne Ave is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$564KGreat deal$672KOverpriced

Total price vs nearby homes. Fair value about $609K, median of 7 comparables.

Comparable listingsCurrently listed nearby in Dufferin Grove · asking prices
$587kavg asking

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

1107-181 Sterling Road$564k314-181 Sterling Road$665k404-181 Sterling Road$518k309-130 Rusholme Road$600k

The 4 closest active listings nearby.

See all comparable homes
581kThis home564k665k518k600kThis home vs active comparables
Live market pulseActive comparables in Dufferin Grove · median list $585K
$895this home / sqft
7active listings nearby
1days on market

This home lists 4% below the area average of $930/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

Dufferin Grove, 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: 422 Lansdowne Ave, about 250 m away

20+ transit stops15 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.

Waterfront Communities C1
$672K
Annex
$1.57M
Mimico
$800K
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 Perth Avenue Junior Public School
77%
Perth Avenue Junior Public SchoolPublic · Elementary · 1.1 km awayAbove the GTA average · 77% meet the provincial standard
ALPHA II Alternative SchoolEQAO results not published
ALPHA II Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,648/mo
$126KIncome needed
4.6×Price ÷ income
$611Weekly 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.

76%mortgage
Mortgage $2,648Property tax $363Condo fee $496Total carry $3,507

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)
$2,480per month

Mortgage amount $464,800 · 4.14% over 25 years

$116,200Down payment (20.0%)
$464,800Loan before insurance
$0CMHC premium
$3,340Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,480
Property tax
$363
Condo / maintenance fees
$496
Heating
$0
Estimated monthly cost
$3,340

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

One-time closing costs

Ontario land transfer tax
$8,095
Toronto municipal land transfer tax
$8,095
Estimated closing costs
$16,190

Plus your down payment of $116,200. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,013/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

$279,304Total interest paid
$744,104Total of all payments
Principal $464,800 Interest $279,304
YearPrincipalInterestBalance
1$10,889$18,875$453,911
2$11,344$18,420$442,567
3$11,819$17,946$430,749
4$12,313$17,451$418,436
5$12,828$16,936$405,608
6$13,365$16,400$392,243
7$13,924$15,841$378,319
8$14,506$15,258$363,813
9$15,113$14,651$348,701
10$15,745$14,019$332,956
11$16,404$13,361$316,552
12$17,090$12,675$299,463
13$17,804$11,960$281,658
14$18,549$11,215$263,109
15$19,325$10,439$243,784
16$20,133$9,631$223,650
17$20,976$8,789$202,675
18$21,853$7,911$180,822
19$22,767$6,997$158,055
20$23,719$6,045$134,335
21$24,711$5,053$109,624
22$25,745$4,019$83,879
23$26,822$2,942$57,057
24$27,944$1,820$29,113
25$29,113$651$0

At the end of your 5-year term

Total paid over the term
$148,821
Principal paid down
$59,192
Interest paid
$89,628
Balance remaining
$405,608

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
1.9%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.

4.2%
Gross yield
− Property tax $4,067− Condo fees $5,949− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,278

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

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