308-398 Eglinton Avenue, Toronto, ON

Mount Pleasant East, Toronto · MLS® C13586868

$460,000
For Sale
Listed 1 day ago
1Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Welcome to The Maxim, a boutique condominium nestled in one of Midtown Toronto's most desirable neighbourhoods. This bright, south-facing one-bedroom suite offers an inviting open-concept layout filled with natural light and features two walk-outs to an oversized private balcony, creating the perfect space to enjoy your morning coffee, unwind after work, or entertain friends while taking in the peaceful southern exposure.Inside, you'll find beautiful hardwood flooring, a renovated kitchen with natural stone flooring, an updated bathroom, ensuite laundry, and generous in-suite storage. The functional floor plan maximizes every square foot, providing comfortable everyday living with ample closet space and excellent flow between the kitchen, dining and living areas. Underground parking is included, offering exceptional convenience in the heart of the city.Residents enjoy outstanding amenities including a fitness centre, renovated party room, sauna, beautifully landscaped garden with gazebo and BBQ area, visitor parking, and a welcoming boutique atmosphere rarely found in larger condominium communities.Perfectly situated just minutes from Yonge & Eglinton, you'll enjoy easy access to the Eglinton Crosstown LRT, TTC, parks, cafés, restaurants, grocery stores, shopping, entertainment, and countless neighbourhood amenities. Whether you're a first-time buyer, downsizer, professional, or investor, this home offers an incredible opportunity in one of Toronto's most vibrant communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13586868
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Mt. Pleasant & Eglinton
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$774/mo
Exposure
South
Property tax
$2,535 / 2025
Days on market
1
Listing brokerage
EXP REALTY

Rooms

KitchenMain3.00 × 2.10 m

stainless steel appl · granite counters · stone floor

Living RoomMain5.25 × 3.00 m

w/o to balcony · hardwood floor · south view

Dining RoomMain5.25 × 3.00 m

combined w/living · hardwood floor · open concept

Primary BedroomMain3.55 × 2.70 m

double closet · hardwood floor · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
In line
$439Kest. value

Listed at $460,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

In Mount Pleasant East lately, sellers have been getting about 96% of asking and homes sell in about 40 days.

Based on 75 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 75 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $444K, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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, sold for $420K
  • Bedrooms −$30K
  • Adjusts to $390K

That comparable adjusts to $390K; the $439K estimate above is the median of all 75 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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

List price
$367KGreat deal$543KOverpriced

Total price vs nearby homes. Fair value about $439K, median of 75 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
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Comparable listingsCurrently listed nearby in Mount Pleasant East · asking prices
$473kavg asking

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

1009-398 Eglinton Avenue$479k203-398 Eglinton Avenue$469k308-1 Cardiff Road$395k408-1 Cardiff Road$549k

The 4 closest active listings nearby.

See all comparable homes
460kThis home479k469k395k549kThis home vs active comparables
Live market pulseActive comparables in Mount Pleasant East · median list $580K
$837this home / sqft
10active listings nearby
1days on market
99sold nearby · 90 days
$660Kmedian sold price
96%of asking, on average

This home lists 3% below the area average of $859/sqft.

0 days faster 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

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Church-Yonge Corridor
$669K
Bay Street Corridor
$465K
Moss Park
$519K
Willowdale East
$684K
Waterfront Communities C8
$719K

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
$2,097/mo
$105KIncome needed
4.4×Price ÷ income
$484Weekly 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.

68%mortgage
Mortgage $2,097Property tax $211Condo fee $774Total carry $3,081

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,964per month

Mortgage amount $368,000 · 4.14% over 25 years

$92,000Down payment (20.0%)
$368,000Loan before insurance
$0CMHC premium
$2,949Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,964
Property tax
$211
Condo / maintenance fees
$774
Heating
$0
Estimated monthly cost
$2,949

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

One-time closing costs

Ontario land transfer tax
$5,675
Toronto municipal land transfer tax
$5,675
Estimated closing costs
$11,350

Plus your down payment of $92,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,385/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

$221,135Total interest paid
$589,135Total of all payments
Principal $368,000 Interest $221,135
YearPrincipalInterestBalance
1$8,621$14,944$359,379
2$8,982$14,584$350,397
3$9,357$14,208$341,040
4$9,749$13,817$331,292
5$10,156$13,409$321,135
6$10,581$12,984$310,554
7$11,024$12,542$299,530
8$11,485$12,080$288,045
9$11,965$11,600$276,080
10$12,466$11,100$263,614
11$12,987$10,578$250,627
12$13,531$10,035$237,096
13$14,096$9,469$223,000
14$14,686$8,879$208,313
15$15,300$8,265$193,013
16$15,940$7,625$177,073
17$16,607$6,958$160,465
18$17,302$6,264$143,164
19$18,026$5,540$125,138
20$18,780$4,786$106,358
21$19,565$4,000$86,793
22$20,383$3,182$66,410
23$21,236$2,329$45,174
24$22,124$1,441$23,050
25$23,050$516$0

At the end of your 5-year term

Total paid over the term
$117,827
Principal paid down
$46,865
Interest paid
$70,962
Balance remaining
$321,135

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$1,700/mo
$20,400Gross annual rent
1.2%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 $2,535− Condo fees $9,283− Insurance $600− Vacancy & upkeep $2,244Net operating income $5,738

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

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