203-398 Eglinton Avenue, Toronto, ON

Mount Pleasant East, Toronto · MLS® C14086064

$419,000
For Sale
Listed 3 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Updated and beautifully maintained one bedroom condo in a Boutique building- The Maxim, situated in a central and much loved Toronto neighbourhood.
  • City living at your front door, yet peaceful -tranquil exposure overlooking the park and the gazebo, sip your morning coffee or relax aftera busy day on your private...
  • Enjoy the wonderful amenities at your disposal : renovated/modern party room-nicely equipped gym-sauna-garden with gazebo and barbeque -visitor parking, and discover...
  • Building renovations starting early next year-perfect timing for new owners to enjoy the new look.

Updated and beautifully maintained one bedroom condo in a Boutique building- The Maxim, situated in a central and much loved Toronto neighbourhood. City living at your front door, yet peaceful -tranquil exposure overlooking the park and the gazebo, sip your morning coffee or relax aftera busy day on your private balcony .Great layout with ensuite laundry with stacked washer/dryer and storage shelves, huge front closet and walk-in closet in bedroom -spacious bedroom with large picture window-great flow kitchen-dining-living rooms, 2 walk-outs to balcony. Underground parking- storage locker and utilities are included in the maintenance fees. Enjoy the wonderful amenities at your disposal : renovated/modern party room-nicely equipped gym-sauna-garden with gazebo and barbeque -visitor parking, and discover the wonderful shops-restaurants the area has to offer. Steps to the Eglinton LRT, walking distance to the Rio Can Centre, Cineplex Theatres, and so much more! Building renovations starting early next year-perfect timing for new owners to enjoy the new look.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14086064
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
Eglinton & Mount Pleasant
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$862/mo
Exposure
North
Property tax
$2,701 / 2026
Days on market
3
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Dining RoomFlat5.36 × 3.00 m

laminate · combined w/living · open concept

Living RoomFlat5.36 × 3.00 m

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

KitchenFlat2.90 × 1.90 m

ceramic floor · breakfast bar · ceramic backsplash

Primary BedroomFlat3.94 × 3.02 m

walk-in closet(s) · laminate · w/o to balcony

Our TakeTeam Asgarian · Broker
Below what recent sales support
$481Kautomated estimate, from recent sales

Listed at $419,000, about 13% below our estimate of $481K (homes like it typically land between $447K and $505K).

Why $481K. The typical condo sold in Mount Pleasant East over the past year went for about $658K (33 sales). What sets this one apart:

  • ▼ Lowers it strongly1 bedrooms and 1 baths, against 2+1 and 2 typically.
  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $2,701 a year; the typical home sold here pays about $3,500.
  • ▼ Lowers itIt is 600 to 699 sq ft; the typical home sold here is 700 to 799.
List price
$419KBelow our range$505KAbove our range

Total price vs nearby homes. Fair value about $481K, learned from recent GTA sales.

The market behind the math:

3days on market so far
$2,475/moest. rent · 6 leases
7.1%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $645/sqft against an area asking average of $789/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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $487K. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
Schools & getting aroundcatchment and transit

Its public catchment (Northern Secondary 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

There were not many closely comparable homes right in Mount Pleasant East, so I widened the search to the surrounding area.

Based on 3 homes sold in this building over the past two years, plus 2 nearby in Mount Pleasant East, from 25 closings in Mount Pleasant East.

What sellers nearby are askingCurrently listed nearby in Mount Pleasant East · asking prices
$551kavg 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 $851/sqft; this home lists at $645/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
419kThis home399k549k628k630kThis home vs active comparables

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 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. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K885

Neighbourhood & location

Mount Pleasant East, 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.

North St. James Town
$765K
Kensington-Chinatown
$585K
Dovercourt-Wallace Emerson-Junction
$640K
Church-Yonge Corridor
$529K
Bayview Village
$526K

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 Eglinton Junior Public School
70%
Eglinton Junior Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
North Toronto Collegiate Institute · Public secondary0.8 km · 88% at standard
Maurice Cody Junior Public School · Public elementary0.8 km · 90% at standard
John Fisher Junior Public School · Public elementary1.0 km · 85% at standard
Leaside High School · Public secondary1.1 km · 87% at standard
Sunny View Junior and Senior Public School · Public elementary1.2 km
Blythwood Junior Public School · Public elementary1.2 km · 88% at standard
St Anselm Catholic School · Catholic elementary1.2 km · 90% at standard
Bessborough Drive Elementary and Middle School · Public elementary1.3 km · 89% at standard
Spectrum Alternative Senior School · Public elementary1.3 km
Davisville Junior Public School · Public elementary1.3 km · 86% at standard
Northlea Elementary and Middle School · Public elementary1.4 km · 84% at standard
Rolph Road Elementary School · Public elementary1.9 km · 88% at standard

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

Affordability & Mortgage

Affordability
$1,910/mo
$100KIncome needed
4.2×Price ÷ income
$441Weekly cost
$9,710Land 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.

64%mortgage
Mortgage $1,910Property tax $225Condo fee $862Total carry $2,996

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)
$1,853per month

Mortgage amount $335,200 · 4.49% over 25 years

$83,800Down payment (20.0%)
$335,200Loan before insurance
$0CMHC premium
$2,940Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,853
Property tax
$225
Condo / maintenance fees
$862
Heating
$0
Estimated monthly cost
$2,940

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

One-time closing costs

Ontario land transfer tax
$4,855
Toronto municipal land transfer tax
$4,855
Estimated closing costs
$9,710

Plus your down payment of $83,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,243/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

$220,813Total interest paid
$556,013Total of all payments
Principal $335,200 Interest $220,813
YearPrincipalInterestBalance
1$7,480$14,760$327,720
2$7,820$14,421$319,900
3$8,175$14,066$311,725
4$8,546$13,694$303,179
5$8,934$13,306$294,245
6$9,340$12,901$284,905
7$9,764$12,477$275,141
8$10,207$12,033$264,934
9$10,671$11,570$254,263
10$11,155$11,085$243,108
11$11,662$10,579$231,447
12$12,191$10,049$219,256
13$12,745$9,496$206,511
14$13,323$8,917$193,188
15$13,928$8,312$179,260
16$14,561$7,680$164,699
17$15,222$7,019$149,478
18$15,913$6,328$133,565
19$16,635$5,605$116,929
20$17,391$4,850$99,539
21$18,180$4,060$81,359
22$19,006$3,235$62,353
23$19,869$2,372$42,484
24$20,771$1,470$21,714
25$21,714$527$0

At the end of your 5-year term

Total paid over the term
$111,203
Principal paid down
$40,955
Interest paid
$70,247
Balance remaining
$294,245

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 6 whole-home leases in Mount Pleasant East$2,475/mo
$29,700Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,210 to $2,673Typical rent range
~20 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 6 whole-home leases in Mount Pleasant East signed at a median of $2,828 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,475. 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.

7.1%
Gross yield
− Property tax $2,701− Condo fees $10,341− Insurance $600− Vacancy & upkeep $3,267Net operating income $12,792

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

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