404-130 Neptune Drive, Toronto, ON

Englemount-Lawrence, Toronto · MLS® C13868688

$379,900
For Sale
Listed 13 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Say Hello to A Spacious Blank Canvas.
  • This generously sized 1,278 sq. ft. two-bedroom, two-bath suite offers an excellent opportunity for someone ready to bring their vision to life.
  • The well-proportioned layout features spacious principal rooms, parquet flooring, a large primary bedroom with a walk-in closet and private 4-piece ensuite, plus a...
  • The building amenities offer an outdoor swimming pool, playground, gym, exercise room, party/meeting room. sauna and visitor parking.
  • The location is hard to beat, with Yorkdale Shopping Centre and Highway 401 just minutes away, along with an impressive array of parks, recreation and outdoor amenities.

Say Hello to A Spacious Blank Canvas! Let your imagination run wild!This generously sized 1,278 sq. ft. two-bedroom, two-bath suite offers an excellent opportunity for someone ready to bring their vision to life. The well-proportioned layout features spacious principal rooms, parquet flooring, a large primary bedroom with a walk-in closet and private 4-piece ensuite, plus a second full bath for guests. The living room opens to a good-sized covered balcony a wonderful spot to enjoy some fresh air and outdoor space. The Laundry room has shelving and room for extra storage. The kitchen has a cozy eat-in area and lots of cupboard space.The building amenities offer an outdoor swimming pool, playground, gym, exercise room, party/meeting room. sauna and visitor parking.While the unit is in need of updating, the space, layout and location provide an excellent foundation for transformation. Offered at an attractive price, this is an opportunity to create a home that truly reflects your own style and needs.The location is hard to beat, with Yorkdale Shopping Centre and Highway 401 just minutes away, along with an impressive array of parks, recreation and outdoor amenities. Baycrest Public School (PK to Grade 8) is just a short walk away, with no need to cross busy streets. Within approximately a 20-minute walk are four playgrounds, an arena, a rink, four tennis courts, a ball diamond, two sports fields, a track, sports court and trails.Plenty of space with lots of potential and a fantastic location An Opportunity to Create Something Special!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13868688
Bedrooms
2
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Bathurst/401/South Of Wilson
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,111/mo
Exposure
North
Property tax
$1,796 / 2026
Days on market
13
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Bedroom 2Flat4.15 × 3.12 m

double closet · parquet

Dining RoomFlat3.54 × 2.22 m

l-shaped room · parquet

Primary BedroomFlat5.19 × 3.86 m

4 pc ensuite · walk-in closet(s) · parquet

KitchenFlat3.96 × 2.21 m

eat-in kitchen · pantry · ceramic floor

LaundryFlat2.33 × 1.40 m

B/I Shelves

FoyerFlat2.33 × 1.09 m

double closet · parquet

Living RoomFlat6.39 × 3.56 m

window · w/o to balcony · parquet

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is John Polanyi Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Englemount-Lawrence · asking prices
$571kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $471/sqft; this home lists at $292/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
380kThis home575k580k500k599k599kThis home vs active comparables

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.

Bayview Village
$526K
Dovercourt-Wallace Emerson-Junction
$640K
North St. James Town
$765K
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 John Polanyi Collegiate Institute
54%
John Polanyi Collegiate InstitutePublic · Secondary · 1.4 km awayBelow the GTA average · 54% meet the provincial standard
Baycrest Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Baycrest Public School · Public elementary0.2 km · 69% at standard
Flemington Public School · Public elementary1.1 km · 36% at standard
Faywood Arts-Based Curriculum School · Public elementary1.2 km · 70% at standard
Ledbury Park Elementary and Middle School · Public elementary1.2 km · 77% at standard
Lawrence Heights Middle School · Public elementary1.3 km · 44% at standard
Summit Heights Public School · Public elementary1.5 km · 85% at standard
Bannockburn Public School · Public elementary1.6 km
Our Lady of the Assumption Catholic School · Catholic elementary1.7 km · 54% at standard
Yorkdale Secondary School · Public secondary1.9 km
St Norbert Catholic School · Catholic elementary1.9 km · 70% at standard
Glen Park Public School · Public elementary1.9 km · 54% at standard
St Charles Catholic School · Catholic elementary2.1 km · 62% at standard

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

Affordability & Mortgage

Affordability
$1,731/mo
$95KIncome needed
4.0×Price ÷ income
$400Weekly cost
$8,347Land 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.

58%mortgage
Mortgage $1,731Property tax $150Condo fee $1,111Total carry $2,992

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)
$1,680per month

Mortgage amount $303,920 · 4.49% over 25 years

$75,980Down payment (20.0%)
$303,920Loan before insurance
$0CMHC premium
$2,941Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,680
Property tax
$150
Condo / maintenance fees
$1,111
Heating
$0
Estimated monthly cost
$2,941

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

One-time closing costs

Ontario land transfer tax
$4,174
Toronto municipal land transfer tax
$4,174
Estimated closing costs
$8,347

Plus your down payment of $75,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,034/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

$200,208Total interest paid
$504,128Total of all payments
Principal $303,920 Interest $200,208
YearPrincipalInterestBalance
1$6,782$13,383$297,138
2$7,090$13,075$290,048
3$7,412$12,753$282,636
4$7,749$12,417$274,887
5$8,100$12,065$266,787
6$8,468$11,697$258,318
7$8,853$11,312$249,466
8$9,255$10,910$240,211
9$9,675$10,490$230,536
10$10,114$10,051$220,422
11$10,573$9,592$209,849
12$11,053$9,112$198,795
13$11,555$8,610$187,240
14$12,080$8,085$175,160
15$12,628$7,537$162,532
16$13,202$6,963$149,330
17$13,801$6,364$135,529
18$14,428$5,737$121,101
19$15,083$5,082$106,018
20$15,768$4,397$90,250
21$16,484$3,681$73,767
22$17,232$2,933$56,534
23$18,014$2,151$38,520
24$18,832$1,333$19,687
25$19,687$478$0

At the end of your 5-year term

Total paid over the term
$100,826
Principal paid down
$37,133
Interest paid
$63,692
Balance remaining
$266,787

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$4,100/mo
$49,200Gross annual rent
7.4%Cap rate after taxes and upkeep

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.

13.0%
Gross yield
− Property tax $1,796− Condo fees $13,330− Insurance $600− Vacancy & upkeep $5,412Net operating income $28,063

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

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