628-20 Minowan Miikan Lane, Toronto, ON

Little Portugal, Toronto · MLS® C13860398

$699,900
For Sale
Listed 15 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to Minowan Miikan Lane.
  • This highly desirable 2-bedroom suite features 9' exposed concrete ceilings, a thoughtfully designed floorplan with excellent separation between living and sleeping...
  • The primary bedroom offers direct balcony access, large closet and a private 3-piece ensuite with a walk-in shower.
  • Enjoy partial city views and step onto the impressive full 20-foot-wide balcony, with ample room for outdoor lounging and dining.
  • Building amenities include a fully equipped gym, yoga room, outdoor terrace with BBQs, stylish party room and 24-hour concierge.

Welcome to Minowan Miikan Lane! This highly desirable 2-bedroom suite features 9' exposed concrete ceilings, a thoughtfully designed floorplan with excellent separation between living and sleeping spaces and a spacious open-concept living area framed by floor-to-ceiling windows. The welcoming foyer offers a generous closet and convenient stacked, in-suite laundry. The modern kitchen features integrated European appliances, stone countertops and backsplash, undermount sink, under-cabinet lighting and a dishwasher. The primary bedroom offers direct balcony access, large closet and a private 3-piece ensuite with a walk-in shower. The second bedroom features wall-to-wall closets, ideal for guests or a home office. Enjoy partial city views and step onto the impressive full 20-foot-wide balcony, with ample room for outdoor lounging and dining. A standout bonus is one generously sized parking space, larger than most typical condo spots and comfortably accommodating larger vehicles. Building amenities include a fully equipped gym, yoga room, outdoor terrace with BBQs, stylish party room and 24-hour concierge. With Metro and Starbucks conveniently located in the building, everyday essentials are just steps away. Perfectly situated in the heart of Queen West and Little Portugal, enjoy some of Toronto's best restaurants, cafés, independent shops, and green spaces. Excellent TTC access and convenient connections to downtown and major routes make this an ideal opportunity to own in one of Toronto's most vibrant west-end neighbourhoods. Pay only hydro for utilities!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13860398
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Gladstone & Queen
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$568/mo
Exposure
East
Property tax
$2,850 / 2025
Days on market
15
Listing brokerage
COLDWELL BANKER ESCARPMENT REALTY

Rooms

KitchenMain3.20 × 4.12 m

laminate · combined w/living · b/i appliances

Living RoomMain3.38 × 3.25 m

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

Bedroom 2Main2.74 × 3.00 m

laminate · b/i closet · 4 pc bath

Primary BedroomMain3.58 × 2.77 m

laminate · 3 pc ensuite · w/o to balcony

Our TakeTeam Asgarian · Broker
A small discount is typical
$678Klikely sale price

Listed at $699,900. Going by how homes in Little Portugal and the wider GTA have actually closed against their asking prices (about 97%, 21 local closings in 90 days), the likely sale price is near $678K, if it sells. A realistic range is $639K to $734K.

Independent value check: $659K. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $613K and $692K).

Why $659K. The typical condo sold in Little Portugal over the past year went for about $583K (74 sales). What sets this one apart:

  • ▲ Raises it2 bedrooms and 2 baths, against 2+1 and 1 typically.
  • ▲ Raises itIt is 700 to 799 sq ft; the typical home sold here is 600 to 699.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $2,850 a year; the typical home sold here pays about $2,700.
List price
$639KBelow recent closings$734KAbove recent closings

Total price vs nearby homes. Likely closing about $678K, from 21 recent closings in this pocket.

The market behind the math:

21sold nearby · 90 days
$531Kmedian sold price
96%of asking, on average
−8%prices vs a year ago
~23 dayshomes like this take to sell
15days on market so far
$3,074/moest. rent · 42 leases
5.3%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.3 months of inventory: 30 condo apartment homes for sale in the area against 21 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 $934/sqft against an area asking average of $891/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 21 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $618K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($934/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 30 homes sold in this building over the past two years, from 190 closings in Little Portugal.

Sold price trend

Median sold price for condos in Little Portugal: $474K in September 2026, up 6% from a year ago, on 64 closings in 9 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$585K11
November 2025$420K5
December 2025$625K6
March 2026$545K7
April 2026$680K5
June 2026$592K9
July 2026$485K5
August 2026$640K10
September 2026$474K6

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
$724K
Waterfront Communities C1
$610K
Dovercourt-Wallace Emerson-Junction
$640K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K

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
Also nearby: 12 more schools within 2.5 km
The Grove Community School · Public elementary0.3 km
St Ambrose Catholic School · Catholic elementary0.6 km · 85% at standard
Msgr Fraser College (Southwest) · Catholic secondary0.7 km
Parkdale Junior and Senior Public School · Public elementary0.7 km · 51% at standard
Holy Family Catholic School · Catholic elementary0.8 km · 45% at standard
City View Alternative Senior School · Public elementary0.9 km
Shirley Street Junior Public School · Public elementary0.9 km · 70% at standard
Dr. Rita Cox – Kina Minogok Public School · Public elementary0.9 km · 56% at standard
Givins/Shaw Junior Public School · Public elementary0.9 km · 81% at standard
St Helen Catholic School · Catholic elementary1.2 km · 74% at standard
Ossington/Old Orchard Junior Public School · Public elementary1.2 km · 88% at standard
Brock Public School · Public elementary1.3 km · 81% at standard

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

Affordability & Mortgage

Affordability
$3,190/mo
$143KIncome needed
4.9×Price ÷ income
$736Weekly cost
$20,946Land 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.

80%mortgage
Mortgage $3,190Property tax $238Condo fee $568Total carry $3,995

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,096per month

Mortgage amount $559,920 · 4.49% over 25 years

$139,980Down payment (20.0%)
$559,920Loan before insurance
$0CMHC premium
$3,901Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,096
Property tax
$238
Condo / maintenance fees
$568
Heating
$0
Estimated monthly cost
$3,901

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

One-time closing costs

Ontario land transfer tax
$10,473
Toronto municipal land transfer tax
$10,473
Estimated closing costs
$20,946

Plus your down payment of $139,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,747/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

$368,848Total interest paid
$928,768Total of all payments
Principal $559,920 Interest $368,848
YearPrincipalInterestBalance
1$12,495$24,656$547,425
2$13,062$24,088$534,363
3$13,655$23,495$520,707
4$14,275$22,875$506,432
5$14,924$22,227$491,508
6$15,601$21,550$475,907
7$16,310$20,841$459,597
8$17,050$20,101$442,547
9$17,824$19,327$424,723
10$18,634$18,517$406,090
11$19,480$17,671$386,610
12$20,364$16,787$366,246
13$21,289$15,862$344,957
14$22,255$14,896$322,702
15$23,266$13,885$299,437
16$24,322$12,829$275,114
17$25,426$11,724$249,688
18$26,581$10,570$223,107
19$27,788$9,363$195,320
20$29,049$8,101$166,270
21$30,368$6,782$135,902
22$31,747$5,404$104,155
23$33,189$3,962$70,966
24$34,695$2,455$36,271
25$36,271$880$0

At the end of your 5-year term

Total paid over the term
$185,754
Principal paid down
$68,412
Interest paid
$117,342
Balance remaining
$491,508

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 42 whole-home leases in Little Portugal$3,074/mo
$36,888Gross annual rent
3.2%Cap rate after taxes and upkeep
$2,920 to $3,227Typical rent range
~17 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 42 whole-home leases in Little Portugal signed at a median of $2,812 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,074. 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.

5.3%
Gross yield
− Property tax $2,850− Condo fees $6,810− Insurance $600− Vacancy & upkeep $4,058Net operating income $22,570

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

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