1602-275 Yorkland Road, Toronto, ON

Henry Farm, Toronto · MLS® C13687030

$480,000
For Sale
Listed 62 days agoNo offer date statedSitting longer than typical
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1+1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Beautiful corner unit with large windows allowing for a stunning view with a private balcony.
  • Close to HWY 404, DVP and 401, great location across from Fairview Mall and public transit.
  • Includes 1 parking and 1 locker.

Beautiful corner unit with large windows allowing for a stunning view with a private balcony. Functional layout with a spacious bedroom, and a separate den area. Den is large enough to be used as an office. Close to HWY 404, DVP and 401, great location across from Fairview Mall and public transit. Includes 1 parking and 1 locker.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13687030
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
Cross streets
Sheppard Ave E and HWY 404
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$636/mo
Exposure
South West
Property tax
$2,458 / 2025
Days on market
62
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

DenMain0.00 × 0.00 m

laminate · separate room

Dining RoomMain0.00 × 0.00 m

combined w/living · laminate · open concept

BedroomMain0.00 × 0.00 m

closet · laminate

Living RoomMain0.00 × 0.00 m

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

KitchenMain0.00 × 0.00 m

open concept · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$468Klikely sale price

Listed at $480,000. Going by how homes in Henry Farm and the wider GTA have actually closed against their asking prices (about 98%, 30 local closings in 90 days), the likely sale price is near $468K, if it sells. A realistic range is $441K to $507K.

Independent value check: $465K. Without looking at the asking price, our model values the home itself about 3% below the ask (homes like it typically land between $432K and $488K).

Why $465K. The typical condo sold in Henry Farm over the past year went for about $500K (172 sales). What sets this one apart:

  • ▲ Raises itIt is 700 to 799 sq ft; the typical home sold here is 600 to 699.

Longer on the market than typical. 62 days on the market against about 39 for homes like it here, and asking 3% above where comparable closings put it.

List price
$441KBelow recent closings$507KAbove recent closings

Total price vs nearby homes. Likely closing about $468K, from 30 recent closings in this pocket.

The market behind the math:

30sold nearby · 90 days
$448Kmedian sold price
99%of asking, on average
−16%prices vs a year ago
~28 dayshomes like this take to sell
62days on market so far
$2,448/moest. rent · 31 leases
6.1%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.8 months of inventory: 58 condo apartment homes for sale in the area against 30 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $640/sqft against an area asking average of $727/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 30 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $467K. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

The assigned public school is Pleasant View Middle 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 19 homes sold in this building over the past two years, from 382 closings in Henry Farm.

Sold price trend

Median sold price for condos in Henry Farm: $434K in September 2026, down 16% from a year ago, on 171 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$576K17
November 2025$478K11
December 2025$534K14
January 2026$505K12
February 2026$551K8
March 2026$509K21
April 2026$473K15
May 2026$441K24
June 2026$465K19
July 2026$444K10
August 2026$443K7
September 2026$434K13

Neighbourhood & location

Henry Farm, 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.

Bayview Village
$543K
North St. James Town
$765K
Moss Park
$549K
Church-Yonge Corridor
$876K
Kensington-Chinatown
$585K

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 Muirhead Public School
35%
Muirhead Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 35% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Forest Manor Public School · Public elementary0.6 km · 64% at standard
Brian Public School · Public elementary0.9 km · 70% at standard
St Timothy Catholic School · Catholic elementary1.1 km · 80% at standard
George S Henry Academy · Public secondary1.2 km · 48% at standard
Donview Middle School · Public elementary1.2 km · 63% at standard
St Kateri Tekakwitha Catholic School · Catholic elementary1.3 km · 75% at standard
Shaughnessy Public School · Public elementary1.3 km · 68% at standard
Fenside Public School · Public elementary1.3 km · 72% at standard
North East Secondary Alternative School · Public secondary1.3 km
Kingslake Public School · Public elementary1.3 km · 55% at standard
Woodbine Middle School · Public elementary1.4 km · 45% at standard
Rene Gordon (Elementary) School · Public elementary1.4 km · 71% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,188/mo
$105KIncome needed
4.6×Price ÷ income
$505Weekly cost
$12,150Land transfer tax, one-time (Ontario + Toronto)
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.

72%mortgage
Mortgage $2,188Property tax $205Condo fee $636Total carry $3,029

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,123per month

Mortgage amount $384,000 · 4.49% over 25 years

$96,000Down payment (20.0%)
$384,000Loan before insurance
$0CMHC premium
$2,964Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,123
Property tax
$205
Condo / maintenance fees
$636
Heating
$0
Estimated monthly cost
$2,964

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

One-time closing costs

Ontario land transfer tax
$6,075
Toronto municipal land transfer tax
$6,075
Estimated closing costs
$12,150

Plus your down payment of $96,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,570/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

$252,961Total interest paid
$636,961Total of all payments
Principal $384,000 Interest $252,961
YearPrincipalInterestBalance
1$8,569$16,909$375,431
2$8,958$16,520$366,472
3$9,365$16,113$357,107
4$9,790$15,688$347,317
5$10,235$15,244$337,082
6$10,699$14,779$326,383
7$11,185$14,293$315,197
8$11,693$13,785$303,504
9$12,224$13,254$291,280
10$12,779$12,699$278,501
11$13,359$12,119$265,142
12$13,966$11,513$251,176
13$14,600$10,878$236,576
14$15,263$10,216$221,313
15$15,956$9,523$205,357
16$16,680$8,798$188,677
17$17,438$8,041$171,239
18$18,229$7,249$153,010
19$19,057$6,421$133,953
20$19,922$5,556$114,030
21$20,827$4,651$93,203
22$21,773$3,706$71,431
23$22,761$2,717$48,670
24$23,795$1,684$24,875
25$24,875$603$0

At the end of your 5-year term

Total paid over the term
$127,392
Principal paid down
$46,918
Interest paid
$80,474
Balance remaining
$337,082

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
From 31 whole-home leases in Henry Farm$2,448/mo
$29,376Gross annual rent
3.2%Cap rate after taxes and upkeep
$2,326 to $2,570Typical rent range
~23 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 31 whole-home leases in Henry Farm signed at a median of $2,300 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,448. 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.

6.1%
Gross yield
− Property tax $2,458− Condo fees $7,633− Insurance $600− Vacancy & upkeep $3,231Net operating income $15,453

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

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