717-20 Minowan Miikan Lane, Toronto, ON

Little Portugal, Toronto · MLS® C13594014

$699,000
For Sale
Just listed today
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2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Welcome to 20 Minowan Miikan Lane, Unit 717! This stunning condo offers unobstructed city views and an abundance of natural light that fills the freshly painted interior. Featuring 2 bedrooms and 2 bathrooms, this unit provides ample space for comfortable living.The highlight of this home is its spectacular open-concept living area, where floor-to-ceiling windows showcase premium west-facing exposure and breathtaking views. Enjoy the convenience of direct access to Metro, Starbucks, and Dollarama from P1, making everyday shopping effortless. Located in the vibrant West Queen West neighbourhood, this condo presents an exceptional opportunity to enjoy luxurious and convenient urban living.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13594014
Bedrooms
2
Bathrooms
2
Size
700-799
Cross streets
Queen St W & Dufferin St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$590/mo
Exposure
West
Property tax
$2,956 / 2026
Listing brokerage
HOMELIFE FRONTIER REALTY INC.
Moe’s TakeTeam Asgarian · Broker
In line
$640Kest. value

Listed at $699,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

In Little Portugal lately, sellers have been getting about 97% of asking and homes sell in about 33 days.

Based on 100 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 100 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $581K, 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, sold for $575K
  • Adjusts to $575K

That comparable adjusts to $575K; the $640K estimate above is the median of all 100 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 (Alexander Muir/Gladstone Ave Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$595KGreat deal$715KOverpriced

Total price vs nearby homes. Fair value about $640K, median of 100 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Little Portugal · asking prices
$631kavg asking

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

622-68 Abell Street$700k419-20 Minowan Miikan Lane$699k302-20 Gladstone Avenue$619k527-68 Abell Street$589k1511-36 Lisgar Street$550k

The 5 closest of 8 active listings nearby.

See all comparable homes
699kThis home700k699k619k589k550kThis home vs active comparables
Live market pulseActive comparables in Little Portugal · median list $589K
$933this home / sqft
26active listings nearby
100sold nearby · 90 days
$623Kmedian sold price
97%of asking, on average

This home lists 1% below the area average of $939/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Little Portugal, 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.

Niagara
$703K
Waterfront Communities C1
$693K
Bay Street Corridor
$465K
Church-Yonge Corridor
$660K
Waterfront Communities C8
$712K

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 Alexander Muir/Gladstone Ave Junior and Senior Public School
73%
Alexander Muir/Gladstone Ave Junior and Senior Public SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$3,186/mo
$144KIncome needed
4.9×Price ÷ income
$735Weekly 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.

79%mortgage
Mortgage $3,186Property tax $246Condo fee $590Total carry $4,022

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)
$2,984per month

Mortgage amount $559,200 · 4.14% over 25 years

$139,800Down payment (20.0%)
$559,200Loan before insurance
$0CMHC premium
$3,820Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,984
Property tax
$246
Condo / maintenance fees
$590
Heating
$0
Estimated monthly cost
$3,820

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

One-time closing costs

Ontario land transfer tax
$10,455
Toronto municipal land transfer tax
$10,455
Estimated closing costs
$20,910

Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,624/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

$336,030Total interest paid
$895,230Total of all payments
Principal $559,200 Interest $336,030
YearPrincipalInterestBalance
1$13,100$22,709$546,100
2$13,648$22,161$532,452
3$14,219$21,590$518,233
4$14,814$20,995$503,419
5$15,433$20,376$487,986
6$16,079$19,730$471,907
7$16,751$19,058$455,155
8$17,452$18,357$437,703
9$18,182$17,627$419,521
10$18,943$16,866$400,578
11$19,735$16,074$380,843
12$20,561$15,249$360,283
13$21,421$14,389$338,862
14$22,317$13,493$316,546
15$23,250$12,559$293,296
16$24,222$11,587$269,073
17$25,236$10,573$243,838
18$26,291$9,518$217,546
19$27,391$8,418$190,155
20$28,537$7,272$161,619
21$29,730$6,079$131,888
22$30,974$4,835$100,914
23$32,270$3,540$68,645
24$33,619$2,190$35,026
25$35,026$784$0

At the end of your 5-year term

Total paid over the term
$179,046
Principal paid down
$71,214
Interest paid
$107,832
Balance remaining
$487,986

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
2.1%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.

4.1%
Gross yield
− Property tax $2,956− Condo fees $7,083− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,993

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

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