303-1 Reidmount Avenue, Toronto, ON

Agincourt South-Malvern West, Toronto · MLS® E13028234

$599,000
For Sale
Listed 92 days ago
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5Bedrooms
2Bathrooms
1Garage
1600-1799Sq Ft

About this home

Rarely offered, this sun-filled southwest corner residence offers approximately 1,691 sq.ft. of thoughtfully designed living space in the highly sought-after Agincourt community, showcasing abundant natural light throughout the day. Featuring 3 spacious bedrooms plus 2 versatile dens-one of which can be easily converted into a 4th bedroom with a window-this home is ideal for large or multi-generational families seeking both space and functionality. The thoughtfully designed layout showcases expansive living and dining areas, perfect for entertaining, along with a south modern kitchen . A separate enclosed study provides an ideal work-from-home environment. The primary bedroom retreat features a walk-in closet and a private 4-piece ensuite. Additional highlights include a large laundry/storage room, offering exceptional in-unit convenience. Includes 1 tandem parking space (fits 2 vehicles), currently accommodating two cars. Residents enjoy a well-managed building with excellent amenities, including a gym, party room, meeting room, sauna and ample visitor parking. Unbeatable location-just steps to TTC, GO Transit, Hwy 401, Walmart, Kennedy Commons, Agincourt Mall, and a wide selection of restaurants and daily conveniences. Situated within the catchment of the highly regarded Agincourt Collegiate Institute, a well-recognized secondary school known for its strong academic reputation. Maintenance fees include Internet and Cable for added value and convenience. A rare opportunity combining premium exposure, space, flexibility, prime location, and top-tier school access-don't miss this exceptional offering.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13028234
Bedrooms
5 (3 + 2)
Bathrooms
2
Size
1600-1799
Cross streets
Sheppard Ave. & Kennedy Rd
Parking
1 garage (underground)
Basement
None
Heating
Other
A/C
Wall Unit(s)
Exterior
Concrete
Maintenance
$1,274/mo
Exposure
South West
Property tax
$2,081 / 2025
Days on market
92
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

KitchenMain4.70 × 3.05 m

window · ceramic floor

Bedroom 2Main3.85 × 3.15 m

large closet · west view

LaundryMain2.42 × 1.75 m

tile floor · separate room

DenMain3.60 × 2.40 m

window · sliding doors

Primary BedroomMain6.35 × 3.68 m

4 pc ensuite · west view · walk-in closet(s)

Living RoomMain7.00 × 3.56 m

open concept · separate room

DenMain4.25 × 3.00 m

Window

Bedroom 3Main3.85 × 3.00 m

closet · west view

Moe’s TakeTeam Asgarian · Broker
Below comparables
$765Kest. value

Listed at $599,000, this home is about 22% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

In Agincourt South-Malvern West lately, sellers have been getting about 97% of asking and homes sell in about 38 days.

Based on 7 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 7 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $460K, lower than the comparables and worth a second look.

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, sold for $604K
  • Bedrooms +$10K
  • Adjusts to $614K

That comparable adjusts to $614K; the $765K estimate above is the median of all 7 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

Its public catchment (Agincourt Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$599KGreat deal$788KOverpriced

Total price vs nearby homes. Fair value about $765K, median of 7 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.

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Agincourt South-Malvern West · asking prices
$595kavg asking

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

1106-1 Reidmount Avenue$600k1708-4101 Sheppard Avenue$458k207-4101 Sheppard Avenue$619k303-2033 Kennedy Road$799k1208-4727 Sheppard Avenue$498k

The 5 closest of 6 active listings nearby.

See all comparable homes
599kThis home600k458k619k799k498kThis home vs active comparables
Live market pulseActive comparables in Agincourt South-Malvern West · median list $600K
$352this home / sqft
6active listings nearby
92days on market
95sold nearby · 90 days
$490Kmedian sold price
97%of asking, on average

This home lists 17% below the area average of $422/sqft.

91 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

Agincourt South-Malvern West, 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.

Henry Farm
$627K
Banbury-Don Mills
$649K
Willowdale East
$540K
Mount Pleasant West
$819K
The Beaches
$799K

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 Agincourt Junior Public School
75%
Agincourt Junior Public SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 75% meet the provincial standard
Sir Alexander Mackenzie Senior Public SchoolEQAO results not published
St. BartholomewEQAO results not published

Affordability & Mortgage

Affordability
$2,730/mo
$137KIncome needed
4.4×Price ÷ income
$630Weekly 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.

65%mortgage
Mortgage $2,730Property tax $173Condo fee $1,274Total carry $4,177

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,557per month

Mortgage amount $479,200 · 4.14% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$4,005Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,557
Property tax
$173
Condo / maintenance fees
$1,274
Heating
$0
Estimated monthly cost
$4,005

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

One-time closing costs

Ontario land transfer tax
$8,455
Toronto municipal land transfer tax
$8,455
Estimated closing costs
$16,910

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,106/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

$287,957Total interest paid
$767,157Total of all payments
Principal $479,200 Interest $287,957
YearPrincipalInterestBalance
1$11,226$19,460$467,974
2$11,696$18,991$456,278
3$12,185$18,501$444,094
4$12,694$17,992$431,399
5$13,225$17,461$418,174
6$13,779$16,908$404,395
7$14,355$16,331$390,040
8$14,955$15,731$375,085
9$15,581$15,105$359,504
10$16,233$14,454$343,271
11$16,912$13,775$326,359
12$17,619$13,067$308,740
13$18,356$12,330$290,384
14$19,124$11,562$271,260
15$19,924$10,762$251,336
16$20,757$9,929$230,579
17$21,625$9,061$208,954
18$22,530$8,156$186,424
19$23,472$7,214$162,951
20$24,454$6,232$138,497
21$25,477$5,209$113,020
22$26,543$4,144$86,477
23$27,653$3,033$58,824
24$28,810$1,877$30,015
25$30,015$672$0

At the end of your 5-year term

Total paid over the term
$153,431
Principal paid down
$61,026
Interest paid
$92,405
Balance remaining
$418,174

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$5,450/mo
$65,400Gross annual rent
6.7%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.

10.9%
Gross yield
− Property tax $2,081− Condo fees $15,288− Insurance $600− Vacancy & upkeep $7,194Net operating income $40,237

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

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