308-1201 Steeles Avenue, Toronto, ON

Westminster-Branson, Toronto · MLS® C14082734

$688,800
For Sale
Listed 4 days agoNo offer date stated
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3+1Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Welcome To 1201 Steeles Ave W, Unit 308.
  • This Bright And Spacious 3 Bedroom Condo Offers Approximately 1,370 Sq Ft Of Comfortable Living Space With An Open-Concept Layout Connecting The Kitchen, Dining And...
  • Enjoy Updated Bathrooms, Laminate Flooring, Smooth Ceilings, Crown Moulding And Great Location Near Steeles And Dufferin, Close To Shopping, Restaurants, Grocery...

Welcome To 1201 Steeles Ave W, Unit 308. This Bright And Spacious 3 Bedroom Condo Offers Approximately 1,370 Sq Ft Of Comfortable Living Space With An Open-Concept Layout Connecting The Kitchen, Dining And Living Areas. The Updated Kitchen Features Granite Countertops, Stainless Steel Appliances, Pot Lights And A Breakfast Bar. Enjoy Updated Bathrooms, Laminate Flooring, Smooth Ceilings, Crown Moulding And Great Location Near Steeles And Dufferin, Close To Shopping, Restaurants, Grocery Stores, Schools, Parks And Public Transit, With Easy Access To Major Roads And Everyday Amenities. A Great Opportunity For Families, Downsizers Or Anyone Looking For Space And Convenience In A Well-Connected Neighbourhood!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14082734
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Steeles/Bathurst
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,122/mo
Exposure
South
Property tax
$2,217 / 2025
Days on market
4
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Dining RoomMain7.04 × 3.46 m

open concept · laminate

KitchenMain3.64 × 2.73 m

stainless steel appl · granite counters · breakfast bar

Bedroom 2Main2.87 × 3.39 m

mirrored closet · crown moulding · laminate

Living RoomMain2.75 × 6.47 m

open concept · laminate · crown moulding

Primary BedroomMain3.27 × 5.03 m

3 pc ensuite · double closet · laminate

SittingMain7.04 × 3.46 m

crown moulding · laminate · open concept

DenMain4.09 × 2.92 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$666Klikely sale price

Listed at $688,800. Going by how homes in Westminster-Branson and the wider GTA have actually closed against their asking prices (about 97%, 11 local closings in 90 days), the likely sale price is near $666K, if it sells. A realistic range is $627K to $720K.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

List price
$627KBelow recent closings$720KAbove recent closings

Total price vs nearby homes. Likely closing about $666K, from 11 recent closings in this pocket.

The market behind the math:

11sold nearby · 90 days
$540Kmedian sold price
94%of asking, on average
−8%prices vs a year ago
~26 dayshomes like this take to sell
4days on market so far
$3,571/moest. rent · 5 leases
6.2%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6.3 months of inventory: 23 condo apartment homes for sale in the area against 11 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 $530/sqft against an area asking average of $478/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 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $478K. Condition and finishes remain an 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Rockford Public 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 6 homes sold in this building over the past two years, from 130 closings in Westminster-Branson.

What sellers nearby are askingCurrently listed nearby in Westminster-Branson · asking prices
$657kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $506/sqft; this home lists at $530/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
689kThis home670k600k717k650k650kThis home vs active comparables

Sold price trend

Median sold price for condos in Westminster-Branson: $564K in September 2026, down 8% from a year ago, on 62 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$535K5
November 2025$545K8
January 2026$677K5
March 2026$520K7
April 2026$537K7
May 2026$534K6
June 2026$500K13
July 2026$485K5
September 2026$564K6

Neighbourhood & location

Westminster-Branson, 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
$543K
Dovercourt-Wallace Emerson-Junction
$640K
North St. James Town
$765K
Kensington-Chinatown
$585K
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 Rockford Public School
54%
Rockford Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 54% meet the provincial standard
Fisherville Senior Public SchoolEQAO results not published
Avondale Secondary Alternative SchoolEQAO results not published
Also nearby: 8 more schools within 2.5 km
North West Secondary Alternative School · Public secondary1.1 km
Pleasant Public School · Public elementary1.4 km · 58% at standard
Northview Heights Secondary School · Public secondary1.8 km · 72% at standard
Newtonbrook Secondary School · Public secondary2.1 km · 68% at standard
R J Lang Elementary and Middle School · Public elementary2.2 km · 60% at standard
St Antoine Daniel Catholic School · Catholic elementary2.3 km · 58% at standard
Yorkview Public School · Public elementary2.4 km · 52% at standard
Drewry Secondary School · Public secondary2.5 km

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

Affordability & Mortgage

Affordability
$3,139/mo
$149KIncome needed
4.6×Price ÷ income
$724Weekly cost
$20,502Land 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.

71%mortgage
Mortgage $3,139Property tax $185Condo fee $1,122Total carry $4,446

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)
$3,047per month

Mortgage amount $551,040 · 4.49% over 25 years

$137,760Down payment (20.0%)
$551,040Loan before insurance
$0CMHC premium
$4,354Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,047
Property tax
$185
Condo / maintenance fees
$1,122
Heating
$0
Estimated monthly cost
$4,354

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

One-time closing costs

Ontario land transfer tax
$10,251
Toronto municipal land transfer tax
$10,251
Estimated closing costs
$20,502

Plus your down payment of $137,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,688/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

$362,998Total interest paid
$914,038Total of all payments
Principal $551,040 Interest $362,998
YearPrincipalInterestBalance
1$12,297$24,265$538,743
2$12,855$23,706$525,888
3$13,439$23,123$512,449
4$14,049$22,512$498,400
5$14,687$21,875$483,713
6$15,354$21,208$468,359
7$16,051$20,511$452,308
8$16,780$19,782$435,529
9$17,542$19,020$417,987
10$18,338$18,224$399,649
11$19,171$17,391$380,479
12$20,041$16,520$360,438
13$20,951$15,611$339,487
14$21,902$14,659$317,584
15$22,897$13,665$294,688
16$23,936$12,625$270,751
17$25,023$11,538$245,728
18$26,159$10,402$219,569
19$27,347$9,215$192,222
20$28,589$7,973$163,633
21$29,887$6,675$133,747
22$31,244$5,318$102,503
23$32,662$3,899$69,841
24$34,145$2,416$35,696
25$35,696$866$0

At the end of your 5-year term

Total paid over the term
$182,808
Principal paid down
$67,327
Interest paid
$115,481
Balance remaining
$483,713

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 5 whole-home leases in Westminster-Branson$3,571/mo
$42,852Gross annual rent
3.2%Cap rate after taxes and upkeep
$3,142 to $3,999Typical rent range
~34 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 5 whole-home leases in Westminster-Branson signed at a median of $3,346 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,571. 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.

6.2%
Gross yield
− Property tax $2,217− Condo fees $13,464− Insurance $600− Vacancy & upkeep $4,714Net operating income $21,857

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

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