308-505 Glencairn Avenue, Toronto, ON

Englemount-Lawrence, Toronto · MLS® C13841736

$989,000
For Sale
Listed 20 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
0Parking
700-799Sq ft

About this home

In short

  • Experience elevated urban living at Glenhill Condominiums by Lanterra, an exclusive residence where sophisticated design meets resort-inspired luxury.
  • This beautifully appointed 1 Bedroom +Flex offers an exceptional layout with an oversized flex space ideal as a second bedroom orelegant home office.
  • A premium Upgrade Package features Miele appliances, stone countertops and backsplash, upgraded cabinetry, pot lights throughout and wide-plank engineered hardwood...
  • Indulge in an impressive collection of amenities including indoor & outdoor pools, state-of-the-art fitness and spa facilities, private dining and lounge spaces...
  • Ideally situated moments from Glencairn subway, Yorkdale, Allen Rd. & Hwy 401, with exceptional dining, shopping, parks and everyday conveniences nearby.

Experience elevated urban living at Glenhill Condominiums by Lanterra, an exclusive residence where sophisticated design meets resort-inspired luxury. This beautifully appointed 1 Bedroom +Flex offers an exceptional layout with an oversized flex space ideal as a second bedroom orelegant home office. A premium Upgrade Package features Miele appliances, stone countertops and backsplash, upgraded cabinetry, pot lights throughout and wide-plank engineered hardwood flooring. Indulge in an impressive collection of amenities including indoor & outdoor pools, state-of-the-art fitness and spa facilities, private dining and lounge spaces, concierge service and beautifully landscaped grounds, complemented by the onsite Glenhill Hotel and event space. Ideally situated moments from Glencairn subway, Yorkdale, Allen Rd. & Hwy 401, with exceptional dining, shopping, parks and everyday conveniences nearby.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13841736
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
700-799 sq ft
Cross streets
Bathurst St & Glencairn Ave
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Roof
Other
Maintenance
$749/mo
Exposure
West
Days on market
20
Listing brokerage
CITYSCAPE REAL ESTATE LTD.

Rooms

Living RoomMain3.35 × 2.90 m

hardwood floor · pot lights · w/o to balcony

Dining RoomMain4.11 × 2.90 m

combined w/kitchen · hardwood floor · open concept

Primary BedroomMain2.59 × 2.74 m

hardwood floor · closet · 4 pc ensuite

FoyerMain1.30 × 1.20 m
DenSecond2.59 × 2.74 m

formal rm · double doors · hardwood floor

KitchenMain4.11 × 2.90 m

b/i appliances · backsplash

Our TakeTeam Asgarian · Broker
A small discount is typical
$953Klikely sale price

Listed at $989,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $953K, typically $898K to $1.03M. Comparable closings on their own put this home around $475K, about 52% below the ask.

List price
$898KBelow recent closings$1.03MAbove recent closings

Total price vs nearby homes. Likely closing about $953K, from 16 recent closings in this pocket.

The market behind the math:

16sold nearby · 90 days
$517Kmedian sold price
94%of asking, on average
+8%prices vs a year ago
~41 dayshomes like this take to sell
20days on market so far
$2,566/moest. rent · 153 leases
3.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.3 months of inventory: 7 condo apartment homes for sale in the area against 16 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 $1,320/sqft against an area asking average of $709/sqft.

How this estimate is builtthe short version

I take the 16 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Ledbury Park Elementary and 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 16 comparable homes that sold in Englemount-Lawrence over the past two years, from 104 closings there.

What sellers nearby are askingCurrently listed nearby in Englemount-Lawrence · asking prices
$483kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $475K, which is where my estimate comes from.

Per square foot, these ask about $743/sqft; this home lists at $1,320/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
989kThis home499k499k450kThis home vs active comparables

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 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. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K885

Neighbourhood & location

Englemount-Lawrence, 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.

Dovercourt-Wallace Emerson-Junction
$640K
North St. James Town
$765K
Kensington-Chinatown
$585K
Bayview Village
$543K
Little Portugal
$549K

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 Glen Park Public School
54%
Glen Park Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 54% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
North Preparatory Junior Public School · Public elementary1.0 km · 71% at standard
West Preparatory Junior Public School · Public elementary1.1 km · 77% at standard
Forest Hill Collegiate Institute · Public secondary1.2 km · 76% at standard
Allenby Junior Public School · Public elementary1.3 km · 78% at standard
Sts Cosmas and Damian Catholic School · Catholic elementary1.4 km · 84% at standard
Marshall McLuhan Catholic Secondary School · Catholic secondary1.6 km · 74% at standard
Flemington Public School · Public elementary1.6 km · 36% at standard
John Ross Robertson Junior Public School · Public elementary1.7 km · 83% at standard
Glenview Senior Public School · Public elementary1.8 km
Cedarvale Community School · Public elementary1.8 km · 85% at standard
St Charles Catholic School · Catholic elementary1.8 km · 62% at standard
Lawrence Park Collegiate Institute · Public secondary1.8 km · 92% at standard

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

Affordability & Mortgage

Affordability
$4,508/mo
$210KIncome needed
4.7×Price ÷ income
$1,040Weekly cost
$32,510Land 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.

77%mortgage
Mortgage $4,508Estimated property tax $618Condo fee $749Total carry $5,874

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)
$4,375per month

Mortgage amount $791,200 · 4.49% over 25 years

$197,800Down payment (20.0%)
$791,200Loan before insurance
$0CMHC premium
$5,742Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,375
Estimated property tax
$618
Condo / maintenance fees
$749
Heating
$0
Estimated monthly cost
$5,742

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

One-time closing costs

Ontario land transfer tax
$16,255
Toronto municipal land transfer tax
$16,255
Estimated closing costs
$32,510

Plus your down payment of $197,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,295/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

$521,204Total interest paid
$1,312,404Total of all payments
Principal $791,200 Interest $521,204
YearPrincipalInterestBalance
1$17,656$34,840$773,544
2$18,458$34,038$755,086
3$19,296$33,200$735,790
4$20,172$32,324$715,618
5$21,088$31,408$694,530
6$22,045$30,451$672,485
7$23,046$29,450$649,438
8$24,093$28,403$625,345
9$25,187$27,309$600,159
10$26,330$26,166$573,828
11$27,526$24,970$546,303
12$28,776$23,721$517,527
13$30,082$22,414$487,445
14$31,448$21,048$455,997
15$32,876$19,620$423,121
16$34,368$18,128$388,753
17$35,929$16,567$352,824
18$37,560$14,936$315,264
19$39,266$13,231$275,998
20$41,048$11,448$234,950
21$42,912$9,584$192,038
22$44,861$7,636$147,177
23$46,897$5,599$100,280
24$49,027$3,469$51,253
25$51,253$1,243$0

At the end of your 5-year term

Total paid over the term
$262,481
Principal paid down
$96,670
Interest paid
$165,811
Balance remaining
$694,530

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 153 whole-home leases in Englemount-Lawrence$2,566/mo
$30,792Gross annual rent
1.1%Cap rate after taxes and upkeep
$2,417 to $2,695Typical rent range
~40 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 153 whole-home leases in Englemount-Lawrence signed at a median of $2,451 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,566. 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.

3.1%
Gross yield
− Property tax $6,923− Condo fees $8,982− Insurance $600− Vacancy & upkeep $3,387Net operating income $10,899

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CITYSCAPE REAL ESTATE LTD.. MLS®/PropTx.

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