10-1321 Gerrard Street, Toronto, ON

Greenwood-Coxwell, Toronto · MLS® E12994756

$429,000
For Sale
Listed 94 days ago
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1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Modern and private one-bedroom condominium in boutique East Village Leslieville. This upgraded end unit features contemporary designer finishes throughout, including engineered hardwood flooring, a sleek kitchen with quartz countertops, custom cabinetry, and thoughtfully selected designer details. Expansive south-facing windows flood the space with natural light. Enjoy outdoor living on the large 112 sq. ft. ground-floor patio with unobstructed southern exposure and peaceful backyard views, complete with a gas BBQ hookup. Ideally located just steps to Leslieville shops, the farmers' market, Michelin Guide-listed restaurants, streetcar access, live music venues, parks.

Key facts

Property type
Condo Townhouse, Bungalow
MLS®
E12994756
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Gerrard & Greenwood
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front, Other
Maintenance
$282/mo
Exposure
South
Property tax
$2,519 / 2025
Days on market
94
Listing brokerage
CMI REAL ESTATE INC.

Rooms

Living RoomMain2.76 × 3.93 m

wood · w/o to patio · ceiling fan(s)

BedroomMain4.07 × 2.04 m
KitchenMain4.76 × 1.79 m

granite counters · stainless steel appl · hidden lights

Primary BedroomMain2.61 × 3.94 m

wood · closet · window

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$346Kest. value

Listed at $429,000, this home is tracking about 24% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 25 similar homes nearby, adjusted for size, beds, and baths.Median of 25 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $500K, higher than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $423K
  • Adjusts to $423K

That comparable adjusts to $423K; the $346K estimate above is the median of all 25 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On schools, this address is zoned for Equinox Holistic Alternative 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.

On location, this is a very walkable address with everyday errands close by. Gerrard St East at Greenwood Ave is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$265KGreat deal$429KOverpriced

Total price vs nearby homes. Fair value about $346K, median of 25 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$501kavg asking

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

111-140 Canon Jackson Drive$423k61-95 The Queensway$475k14-660B Wellington Street$550k409-29 Canniff Street$559k79-23 Eldora Avenue$499k

The 5 closest of 8 active listings nearby.

See all comparable homes
429kThis home423k475k550k559k499kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $559K
$781this home / sqft
25active listings nearby
94days on market

This home lists 14% above the area average of $688/sqft.

90 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Greenwood-Coxwell, 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.

Getting around

83/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Gerrard St East at Greenwood Ave, about 131 m away

20+ transit stops11 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Victoria Village
$782K
Niagara
$559K
Willowdale East
$799K
Don Valley Village
$720K
L'Amoreaux
$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 Equinox Holistic Alternative School
83%
Equinox Holistic Alternative SchoolPublic · Elementary · 0.3 km awayHigher-rated than most nearby · 83% meet the provincial standard
Danforth Collegiate and Technical InstituteEQAO results not published

Affordability & Mortgage

Affordability
$1,955/mo
$90KIncome needed
4.8×Price ÷ income
$451Weekly cost
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.

80%mortgage
Mortgage $1,955Property tax $210Condo fee $282Total carry $2,447

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,831per month

Mortgage amount $343,200 · 4.14% over 25 years

$85,800Down payment (20.0%)
$343,200Loan before insurance
$0CMHC premium
$2,323Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,831
Property tax
$210
Condo / maintenance fees
$282
Heating
$0
Estimated monthly cost
$2,323

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

One-time closing costs

Ontario land transfer tax
$5,055
Toronto municipal land transfer tax
$5,055
Estimated closing costs
$10,110

Plus your down payment of $85,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,224/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

$206,233Total interest paid
$549,433Total of all payments
Principal $343,200 Interest $206,233
YearPrincipalInterestBalance
1$8,040$13,937$335,160
2$8,376$13,601$326,784
3$8,727$13,251$318,057
4$9,092$12,886$308,965
5$9,472$12,505$299,493
6$9,868$12,109$289,625
7$10,281$11,696$279,344
8$10,711$11,266$268,633
9$11,159$10,818$257,474
10$11,626$10,352$245,849
11$12,112$9,865$233,736
12$12,619$9,359$221,118
13$13,147$8,831$207,971
14$13,696$8,281$194,275
15$14,269$7,708$180,006
16$14,866$7,111$165,139
17$15,488$6,489$149,651
18$16,136$5,841$133,516
19$16,811$5,167$116,705
20$17,514$4,463$99,191
21$18,247$3,731$80,944
22$19,010$2,968$61,935
23$19,805$2,172$42,130
24$20,633$1,344$21,496
25$21,496$481$0

At the end of your 5-year term

Total paid over the term
$109,887
Principal paid down
$43,707
Interest paid
$66,180
Balance remaining
$299,493

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$1,700/mo
$20,400Gross annual rent
2.7%Est. cap rate

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.

4.8%
Gross yield
− Property tax $2,519− Condo fees $3,383− Insurance $600− Vacancy & upkeep $2,244Net operating income $11,654

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

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