1004-2 Covington Road, Toronto, ON

Englemount-Lawrence, Toronto · MLS® C14088742

$579,900
For Sale
Listed 3 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Unobstructed Southwest Views.
  • Bright, spacious and filled with natural light, this meticulously maintained corner suite offers 2 generous bedrooms, 2 full bathrooms and unobstructed southwest...
  • Includes one underground parking space ideally located on P1 near the elevator, plus a coveted storage locker.
  • Enjoy the comfort of a quiet, well-managed building with concierge/security, outdoor pool, exercise room, sauna, guest suites, party room and community BBQ area.
  • An exceptionally convenient location just steps to shopping, dining, transit, schools, parks, synagogues and everyday essentials, with Yorkdale Shopping Centre...

Unobstructed Southwest Views. Generous Space. Endless Potential. First time offered by original owner! Bright, spacious and filled with natural light, this meticulously maintained corner suite offers 2 generous bedrooms, 2 full bathrooms and unobstructed southwest views of the Toronto skyline and CN Tower. Wraparound windows in the living and dining areas take full advantage of the exposure, filling the space with natural light, while the open balcony offers the perfect spot to enjoy the view, with recently sealed flooring. The functional galley kitchen offers plenty of counter and storage space, along with a separate eat-in breakfast area. The spacious primary suite features custom built-ins for additional storage, his and hers closets and a 4-piece ensuite with a soaker tub and separate glass-enclosed shower. The main bathroom features an oversized walk-in double shower with glass enclosure. Includes one underground parking space ideally located on P1 near the elevator, plus a coveted storage locker. Enjoy the comfort of a quiet, well-managed building with concierge/security, outdoor pool, exercise room, sauna, guest suites, party room and community BBQ area. An exceptionally convenient location just steps to shopping, dining, transit, schools, parks, synagogues and everyday essentials, with Yorkdale Shopping Centre, Costco and Hwy 401 only minutes away. A spacious, light-filled corner suite with incredible views, a fantastic location and tremendous potential to create a home that truly feels like your own. Don't miss this opportunity! *Maintenance fees include high-speed internet, cable TV and water.* (Some photos have been virtually rendered to illustrate potential).

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14088742
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Bathurst & Lawrence
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,004/mo
Exposure
South West
Property tax
$2,615 / 2026
Days on market
3
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
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 Ledbury Park Elementary and Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

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.

Willowdale East
$820K
Annex
$1.03M
Bayview Village
$554K
North St. James Town
$649K
Kensington-Chinatown
$600K

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 Glen Park Public School
54%
Glen Park Public SchoolPublic · Elementary · 1.0 km awayBelow the GTA average · 54% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Flemington Public School · Public elementary1.1 km · 36% at standard
Baycrest Public School · Public elementary1.2 km · 69% at standard
Bannockburn Public School · Public elementary1.6 km
Lawrence Park Collegiate Institute · Public secondary1.6 km · 92% at standard
Lawrence Heights Middle School · Public elementary1.6 km · 44% at standard
St Margaret Catholic School · Catholic elementary1.7 km · 82% at standard
John Wanless Junior Public School · Public elementary1.7 km · 88% at standard
Glenview Senior Public School · Public elementary1.7 km
John Ross Robertson Junior Public School · Public elementary1.8 km · 83% at standard
St Charles Catholic School · Catholic elementary1.9 km · 62% at standard
North Preparatory Junior Public School · Public elementary1.9 km · 71% at standard
Allenby Junior Public School · Public elementary2.0 km · 78% at standard

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

Affordability & Mortgage

Affordability
$2,643/mo
$130KIncome needed
4.5×Price ÷ income
$610Weekly cost
$16,146Land 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.

68%mortgage
Mortgage $2,643Property tax $218Condo fee $1,004Total carry $3,865

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)
$2,565per month

Mortgage amount $463,920 · 4.49% over 25 years

$115,980Down payment (20.0%)
$463,920Loan before insurance
$0CMHC premium
$3,787Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,565
Property tax
$218
Condo / maintenance fees
$1,004
Heating
$0
Estimated monthly cost
$3,787

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

One-time closing costs

Ontario land transfer tax
$8,073
Toronto municipal land transfer tax
$8,073
Estimated closing costs
$16,146

Plus your down payment of $115,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,105/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

$305,608Total interest paid
$769,528Total of all payments
Principal $463,920 Interest $305,608
YearPrincipalInterestBalance
1$10,353$20,428$453,567
2$10,823$19,958$442,745
3$11,314$19,467$431,430
4$11,828$18,953$419,602
5$12,365$18,416$407,238
6$12,926$17,855$394,311
7$13,513$17,268$380,798
8$14,127$16,654$366,671
9$14,768$16,013$351,903
10$15,439$15,342$336,464
11$16,140$14,641$320,325
12$16,873$13,909$303,452
13$17,639$13,143$285,813
14$18,439$12,342$267,374
15$19,277$11,504$248,097
16$20,152$10,629$227,945
17$21,067$9,714$206,878
18$22,023$8,758$184,855
19$23,023$7,758$161,832
20$24,069$6,712$137,763
21$25,162$5,620$112,601
22$26,304$4,477$86,297
23$27,498$3,283$58,799
24$28,747$2,034$30,052
25$30,052$729$0

At the end of your 5-year term

Total paid over the term
$153,906
Principal paid down
$56,682
Interest paid
$97,223
Balance remaining
$407,238

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$3,400/mo
$40,800Gross annual rent
3.6%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.

7.0%
Gross yield
− Property tax $2,615− Condo fees $12,054− Insurance $600− Vacancy & upkeep $4,488Net operating income $21,043

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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