409-630 Greenwood Avenue, Toronto, ON

Blake-Jones, Toronto · MLS® E13006122

$515,000
For Sale
Listed 93 days ago
2Bedrooms
2Bathrooms
0Parking
600-699Sq Ft

About this home

Why choose between lifestyle and space? You can have both with this smart layout and functional design. Boasting 9-ft ceilings this bright 1+ den lives like a true 2-bedroom.The spacious den features sliding doors and functions perfectly as a second bedroom or quiet home office, complemented by a rare second 4-piece bathroom. The primary retreat offers a walk-in closet and private 3-piece ensuite. The modern kitchen, complete with quartz countertops, stainless steel appliances, and space for a table and chairs, opens to a living area with abundant natural light. Step out onto the balcony and enjoy a front-row seat to the energy of the Danforth below, perfect for morning coffee or evening drinks. An owned locker offers additional storage for larger seasonal items and recreational gear, keeping your suite clutter-free. Skip the gym membership with top-floor amenities including an exercise room, rooftop skyline deck, outdoor yoga area, pool table, and BBQs. Other amenities include evening/overnight concierge, bike storage, and visitor parking. With an exceptional 97 Walk Score, you are just minutes to the subway, with quick access to Danforth GO and the DVP. Surrounded by schools, parks, large grocery stores, and endless dining options, with nearby quiet side streets offering a rare suburban feel in the city. An exceptional layout, outstanding amenities, and a dynamic neighbourhood. This is condo living done right!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13006122
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
600-699
Cross streets
Danforth Ave & Greenwood Ave
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$586/mo
Exposure
North
Property tax
$2,541 / 2025
Days on market
93
Listing brokerage
Royal LePage Frank Real Estate

Rooms

KitchenFlat3.81 × 3.02 m

quartz counter · stainless steel appl · irregular room

BedroomFlat3.17 × 2.79 m

3 pc ensuite · walk-in closet(s) · window

Living RoomFlat2.90 × 2.56 m

w/o to balcony · open concept · laminate

DenFlat2.71 × 2.30 m

sliding doors · laminate

Moe’s TakeTeam Asgarian · Broker
In line
$560Kest. value

Listed at $515,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Blake-Jones, so I widened the search to the surrounding area.

Based on 17 similar homes nearby, adjusted for size, beds, and baths.Median of 17 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $467K, a bit lower. 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 $699K
  • Bathrooms +$15K
  • Adjusts to $714K

That comparable adjusts to $714K; the $560K estimate above is the median of all 17 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.

The assigned public school is Earl Haig Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Danforth Ave at Greenwood Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$489KGreat deal$715KOverpriced

Total price vs nearby homes. Fair value about $560K, median of 17 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$536kavg asking

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

315-399 Spring Garden Avenue$489kN433-7 Golden Avenue$475k1201-35 Hayden Street$589kPH303-75 Canterbury Place$669k1405-181 Wynford Drive$460k

The 5 closest of 8 active listings nearby.

See all comparable homes
515kThis home489k475k589k669k460kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $569K
$793this home / sqft
100active listings nearby
93days on market

This home lists 16% below the area average of $944/sqft.

92 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Blake-Jones, 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

87/ 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: Danforth Ave at Greenwood Ave, about 14 m away

20+ transit stops15 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.

Church-Yonge Corridor
$644K
Annex
$929K
Banbury-Don Mills
$500K
Waterfront Communities C1
$680K
Bayview Village
$748K

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 Earl Haig Public School
62%
Earl Haig Public SchoolPublic · Elementary · 0.9 km awayBelow the GTA average · 62% meet the provincial standard
School of Life ExperienceEQAO results not published

Affordability & Mortgage

Affordability
$2,347/mo
$111KIncome needed
4.7×Price ÷ income
$542Weekly 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.

75%mortgage
Mortgage $2,347Property tax $212Condo fee $586Total carry $3,145

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,199per month

Mortgage amount $412,000 · 4.14% over 25 years

$103,000Down payment (20.0%)
$412,000Loan before insurance
$0CMHC premium
$2,996Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,199
Property tax
$212
Condo / maintenance fees
$586
Heating
$0
Estimated monthly cost
$2,996

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

One-time closing costs

Ontario land transfer tax
$6,775
Toronto municipal land transfer tax
$6,775
Estimated closing costs
$13,550

Plus your down payment of $103,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,670/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

$247,575Total interest paid
$659,575Total of all payments
Principal $412,000 Interest $247,575
YearPrincipalInterestBalance
1$9,652$16,731$402,348
2$10,055$16,328$392,293
3$10,476$15,907$381,817
4$10,914$15,469$370,902
5$11,371$15,012$359,532
6$11,846$14,537$347,685
7$12,342$14,041$335,343
8$12,858$13,525$322,485
9$13,396$12,987$309,089
10$13,956$12,427$295,133
11$14,540$11,843$280,593
12$15,148$11,235$265,444
13$15,782$10,601$249,662
14$16,442$9,941$233,220
15$17,130$9,253$216,091
16$17,846$8,537$198,244
17$18,593$7,790$179,651
18$19,371$7,012$160,281
19$20,181$6,202$140,100
20$21,025$5,358$119,075
21$21,904$4,479$97,171
22$22,821$3,562$74,350
23$23,775$2,608$50,575
24$24,770$1,613$25,806
25$25,806$577$0

At the end of your 5-year term

Total paid over the term
$131,915
Principal paid down
$52,468
Interest paid
$79,447
Balance remaining
$359,532

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$2,050/mo
$24,600Gross annual rent
2.3%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 $2,541− Condo fees $7,032− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,721

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Frank Real Estate. MLS®/PropTx.

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