401-562 Eglinton Avenue, Toronto, ON
Mount Pleasant East, Toronto · MLS® C13875004
About this home
In short
- Condo Living in the Heart of Midtown.
- With soaring 10-foot ceilings, generous principal rooms and an abundance of storage.
- At $508/ square foot - it is one of the best values in mid-town Toronto.
- Bedroom 2 is currently used as an office/tv room.
Condo Living in the Heart of Midtown! Welcome to this spacious 1,123 sq. ft. two-bedroom, two-bathroom penthouse in an intimate four-storey boutique building. With soaring 10-foot ceilings, generous principal rooms and an abundance of storage. This is condo living without compromising on space. At $508/ square foot - it is one of the best values in mid-town Toronto. The well-designed layout offers two comfortable bedrooms, two full bathrooms and an ensuite laundry, making it ideal for professionals, downsizers or anyone looking for the convenience of condo living with room to breathe. One parking space is included. Bedroom 2 is currently used as an office/tv room. Barn door slides closed for privacy. Step outside and enjoy a vibrant Midtown neighbourhood where so much is within walking distance. Stroll to restaurants, cafés, shops, schools and parks, with the Eglinton LRT at your doorstep, Yonge & Eglinton subway and amenities just minutes away, and Sunnybrook Hospital close by.Residents also enjoy a party room, exercise room and visitor parking. This oversized condo in a boutique building is in a fabulous walkable Midtown location. A rare opportunity to enjoy space, convenience and an exceptional urban lifestyle. Don't take my word for it - come see for yourself!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13875004
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1000-1199 sq ft
- Cross streets
- Bayview/ Eglinton Ave E
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,764/mo
- Exposure
- South
- Property tax
- $3,675 / 2026
- Days on market
- 11
- Listing brokerage
- ROYAL LEPAGE TERREQUITY SEYMOUR REAL ESTATE
Rooms
sliding doors · broadloom
large window · combined w/dining
combined w/living · open concept
breakfast bar · double sink · tile floor
walk-in closet(s) · 3 pc ensuite
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 readOn schools, this address is zoned for Northlea Elementary and Middle School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $692/sqft; this home lists at $518/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
Mount Pleasant East, Toronto, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $455,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,521
- Property tax
- $306
- Condo / maintenance fees
- $1,764
- Heating
- $0
- Estimated monthly cost
- $4,592
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,875
- Toronto municipal land transfer tax
- $7,875
- Estimated closing costs
- $15,750
Plus your down payment of $114,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $151,278
- Principal paid down
- $55,715
- Interest paid
- $95,563
- Balance remaining
- $400,285
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY SEYMOUR REAL ESTATE. MLS®/PropTx.