404-55 Ann O'Reilly Road, Toronto, ON

Henry Farm, Toronto · MLS® C14080582

$399,000
For Sale
Listed 4 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Welcome to this stylish and thoughtfully designed 1-bedroom condo in the sought-after Parkside at Atria community.
  • Offering 527 sq. ft. of well-planned living space, this bright and functional suite features an open-concept layout, a modern kitchen with stainless steel appliances...
  • Commuters will appreciate the easy access to Highways 401, 404, and the DVP.

Welcome to this stylish and thoughtfully designed 1-bedroom condo in the sought-after Parkside at Atria community! Offering 527 sq. ft. of well-planned living space, this bright and functional suite features an open-concept layout, a modern kitchen with stainless steel appliances, and a private balcony perfect for enjoying your morning coffee or unwinding at the end of the day. Parking is also included, adding exceptional convenience and value. Ideal for first-time buyers, young professionals, or investors looking for a fantastic opportunity in a convenient location. Situated in the vibrant Sheppard and Consumers Road neighbourhood, just minutes from Fairview Mall, TTC transit, parks, restaurants, shopping, and everyday amenities. Commuters will appreciate the easy access to Highways 401, 404, and the DVP. A wonderful opportunity to enjoy comfortable, low-maintenance living in a well-connected Toronto community!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14080582
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
Sheppard And 404
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$402/mo
Exposure
East
Property tax
$2,056 / 2026
Days on market
4
Listing brokerage
SUTTON GROUP OLD MILL REALTY INC.

Rooms

Primary BedroomGround3.20 × 3.05 m

laminate · closet · large window

Living RoomGround5.73 × 3.23 m

combined w/dining · laminate · balcony

Dining RoomGround5.73 × 3.23 m

combined w/living · laminate · open concept

KitchenGround2.74 × 2.43 m

modern kitchen · stainless steel appl · quartz counter

Our TakeTeam Asgarian · Broker
A small discount is typical
$389Klikely sale price

Listed at $399,000. 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 $389K, if it sells. A realistic range is $367K to $421K.

Independent value check: $390K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $363K and $410K).

Why $390K. The typical condo sold in Henry Farm over the past year went for about $500K (172 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,056 a year; the typical home sold here pays about $2,500.
  • ▼ Lowers itIt is 500 to 599 sq ft; the typical home sold here is 600 to 699.
List price
$367KBelow recent closings$421KAbove recent closings

Total price vs nearby homes. Likely closing about $389K, 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
4days on market so far
$2,044/moest. rent · 40 leases
6.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.9 months of inventory: 39 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 $726/sqft against an area asking average of $748/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 $406K. 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

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 31 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
$526K
North St. James Town
$765K
Church-Yonge Corridor
$529K
Kensington-Chinatown
$585K
Waterfront Communities C8
$554K

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 · 0.8 km awayBelow the GTA average · 35% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Brian Public School · Public elementary1.0 km · 70% at standard
Fenside Public School · Public elementary1.0 km · 72% at standard
Donview Middle School · Public elementary1.0 km · 63% at standard
Forest Manor Public School · Public elementary1.1 km · 64% at standard
Roywood Public School · Public elementary1.2 km · 77% at standard
George S Henry Academy · Public secondary1.3 km · 48% at standard
Fairglen Junior Public School · Public elementary1.4 km · 74% at standard
St Isaac Jogues Catholic School · Catholic elementary1.4 km · 79% at standard
Bridlewood Junior Public School · Public elementary1.4 km · 83% at standard
Caring and Safe School 2 · Public secondary1.5 km
St Kateri Tekakwitha Catholic School · Catholic elementary1.5 km · 75% at standard
Parkview Alternative School · Public secondary1.5 km

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

Affordability & Mortgage

Affordability
$1,819/mo
$86KIncome needed
4.6×Price ÷ income
$420Weekly cost
$8,920Land 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.

76%mortgage
Mortgage $1,819Property tax $171Condo fee $402Total carry $2,392

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)
$1,765per month

Mortgage amount $319,200 · 4.49% over 25 years

$79,800Down payment (20.0%)
$319,200Loan before insurance
$0CMHC premium
$2,338Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,765
Property tax
$171
Condo / maintenance fees
$402
Heating
$0
Estimated monthly cost
$2,338

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

One-time closing costs

Ontario land transfer tax
$4,460
Toronto municipal land transfer tax
$4,460
Estimated closing costs
$8,920

Plus your down payment of $79,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,136/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

$210,273Total interest paid
$529,473Total of all payments
Principal $319,200 Interest $210,273
YearPrincipalInterestBalance
1$7,123$14,056$312,077
2$7,447$13,732$304,630
3$7,785$13,394$296,845
4$8,138$13,041$288,707
5$8,508$12,671$280,200
6$8,894$12,285$271,306
7$9,298$11,881$262,008
8$9,720$11,459$252,288
9$10,161$11,018$242,127
10$10,623$10,556$231,504
11$11,105$10,074$220,399
12$11,609$9,570$208,790
13$12,136$9,043$196,654
14$12,687$8,492$183,967
15$13,263$7,916$170,703
16$13,866$7,313$156,838
17$14,495$6,684$142,343
18$15,153$6,026$127,189
19$15,841$5,338$111,348
20$16,560$4,618$94,788
21$17,312$3,867$77,475
22$18,098$3,080$59,377
23$18,920$2,259$40,457
24$19,779$1,400$20,677
25$20,677$502$0

At the end of your 5-year term

Total paid over the term
$105,895
Principal paid down
$39,000
Interest paid
$66,894
Balance remaining
$280,200

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 40 whole-home leases in Henry Farm$2,044/mo
$24,528Gross annual rent
3.6%Cap rate after taxes and upkeep
$1,942 to $2,146Typical 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 40 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 $2,044. 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 $2,056− Condo fees $4,825− Insurance $600− Vacancy & upkeep $2,698Net operating income $14,348

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP OLD MILL REALTY INC.. MLS®/PropTx.

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