407-1131 Steeles Avenue, Toronto, ON
Westminster-Branson, Toronto · MLS® C13581704
About this home
In short
- Bright, spacious and beautifully updated, this South facing suite offers an ideal layout with 2 generously sized bedrooms plus a separate den/solarium, perfect for a...
- The open concept living and dining area is filled with natural light from large windows and offers an unobstructed South view.
- Both bathrooms have been tastefully renovated.
- The primary bedroom includes a walk-in feel with two large mirrored custom closets and a modern ensuite with a glass enclosed shower.
- Enjoy resort style living with premium amenities including a gym, tennis court, sauna, outdoor pool, party room, billiards/rec room, beautifully landscaped grounds...
Bright, spacious and beautifully updated, this South facing suite offers an ideal layout with 2 generously sized bedrooms plus a separate den/solarium, perfect for a home office or additional living space. The open concept living and dining area is filled with natural light from large windows and offers an unobstructed South view. The oversized kitchen features granite countertops and backsplash, white cabinetry, stainless steel appliances and a functional eat-in area with breakfast bar, ideal for both everyday living and entertaining. Both bathrooms have been tastefully renovated. The primary bedroom includes a walk-in feel with two large mirrored custom closets and a modern ensuite with a glass enclosed shower. The second bedroom offers excellent space along with a full wall to ceiling custom closet. Enjoy resort style living with premium amenities including a gym, tennis court, sauna, outdoor pool, party room, billiards/rec room, beautifully landscaped grounds, visitor parking and 24 hour gated security. All inclusive maintenance fees cover heat, hydro, water, cable TV, central air conditioning, parking and building insurance. This place offers exceptional value and convenience.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13581704
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2
- Size
- 1000-1199 sq ft
- Cross streets
- Bathurst and Steeles
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,188/mo
- Exposure
- South
- Property tax
- $2,451 / 2025
- Days on market
- 92
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
sliding doors · laminate · closet
combined w/dining · laminate · large window
granite counters · laminate · stainless steel appl
sliding doors · laminate · large window
3 pc ensuite · laminate · double closet
combined w/living · laminate · open concept
Listed at $593,999. Going by how homes in Westminster-Branson and the wider GTA have actually closed against their asking prices (about 97%, 11 local closings in 90 days), the likely sale price is near $574K, if it sells. A realistic range is $541K to $621K.
Independent value check: $526K. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $490K and $553K).
Why $526K. The typical condo sold in Westminster-Branson over the past year went for about $537K (67 sales). What sets this one apart:
- ▼ Lowers itIt is 1,000 to 1,199 sq ft; the typical home sold here is 1,200 to 1,399.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Longer on the market than typical. 92 days on the market against about 52 for homes like it here, and asking 13% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $574K, from 11 recent closings in this pocket.
The market behind the math:
About 9.3 months of inventory: 34 condo apartment homes for sale in the area against 11 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $540/sqft against an area asking average of $481/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.
It never sees the asking price. The 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $488K. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can 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
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is Rockford Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Based on 7 homes sold in this building over the past two years, from 130 closings in Westminster-Branson.
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $515/sqft; this home lists at $540/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Westminster-Branson: $564K in September 2026, down 8% from a year ago, on 62 closings in 9 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $535K | 5 |
| November 2025 | $545K | 8 |
| January 2026 | $677K | 5 |
| March 2026 | $520K | 7 |
| April 2026 | $537K | 7 |
| May 2026 | $534K | 6 |
| June 2026 | $500K | 13 |
| July 2026 | $485K | 5 |
| September 2026 | $564K | 6 |
Neighbourhood & location
Westminster-Branson, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 8 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $475,199 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,627
- Property tax
- $204
- Condo / maintenance fees
- $1,188
- Heating
- $0
- Estimated monthly cost
- $4,020
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,355
- Toronto municipal land transfer tax
- $8,355
- Estimated closing costs
- $16,710
Plus your down payment of $118,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $157,647
- Principal paid down
- $58,061
- Interest paid
- $99,587
- Balance remaining
- $417,139
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 8 whole-home leases in Westminster-Branson signed at a median of $2,668 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,735. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.