821-3 Greystone Walk Drive, Toronto, ON

Kennedy Park, Toronto · MLS® E13041842

$499,900
For Sale
Listed 84 days ago
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3Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Large 2 bed rooms and 2 washrooms 1040 square feet as per MCAP fabulous And Bright Corner Unit In Luxury Tridel Building. Beautiful City Skyline Views. This Unit Shines With Gorgeous Laminate Flrs in both bedrooms and broadloam in the living rooms. Clean and move in condition, same tenants for last 4 years, paying 42850 all inclusive, willing to stay or will move our with 60 days closing. Open Concept Design And Lots Of Natural Light. 24Hrs Gthse Security, State Of The Art Rec Facility- Pools, Tennis Crts, Squash Crts, Billiards Rm, Roof Top Patio & So Much More. Conveniently Located To All Amenities And Is In A Wonderful Family Oriented Neighbourhood.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13041842
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1000-1199
Cross streets
Midland Ave and Danforth Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Brick
Maintenance
$957/mo
Exposure
North West
Property tax
$1,692 / 2025
Days on market
84
Listing brokerage
REALTY 21 INC.

Rooms

Living RoomFlat6.10 × 3.05 m
Dining RoomFlat3.05 × 2.83 m
SolariumFlat3.12 × 1.93 m
KitchenFlat2.89 × 2.44 m
Bedroom 2Flat3.96 × 2.74 m
Primary BedroomFlat4.72 × 3.05 m
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$550Kest. value

Listed at $499,900, this home is tracking about 9% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($455/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

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 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $505K, a close match.

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 $560K
  • Adjusts to $560K

That comparable adjusts to $560K; the $550K estimate above is the median of all 7 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 R H King Academy. 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. Midland Ave at Danforth Rd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$500KGreat deal$565KOverpriced

Total price vs nearby homes. Fair value about $550K, 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.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in Kennedy Park · asking prices
$502kavg asking

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

1604-5 Greystone Walk Drive$529k1923-3 Greystone Walk Drive$550k1421-3 Greystone Walk Drive$560k1126-3 Greystone Walk Drive$368k

The 4 closest active listings nearby.

See all comparable homes
500kThis home529k550k560k368kThis home vs active comparables
Live market pulseActive comparables in Kennedy Park · median list $499K
$455this home / sqft
7active listings nearby
84days on market

This home lists 5% below the area average of $479/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Kennedy Park, 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

79/ 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: Midland Ave at Danforth Rd, about 166 m away

20+ transit stops5 grocery20+ dining13 parks18 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.

Banbury-Don Mills
$500K
Church-Yonge Corridor
$574K
Annex
$1.39M
Waterfront Communities C8
$998K
Willowdale East
$441K

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 R H King Academy
71%
R H King AcademyPublic · Secondary · 1.2 km awayAround the GTA average · 71% meet the provincial standard
Robert Service Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,278/mo
$112KIncome needed
4.4×Price ÷ income
$526Weekly 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.

67%mortgage
Mortgage $2,278Property tax $141Condo fee $957Total carry $3,377

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)
$2,134per month

Mortgage amount $399,920 · 4.14% over 25 years

$99,980Down payment (20.0%)
$399,920Loan before insurance
$0CMHC premium
$3,232Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,134
Property tax
$141
Condo / maintenance fees
$957
Heating
$0
Estimated monthly cost
$3,232

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

One-time closing costs

Ontario land transfer tax
$6,473
Toronto municipal land transfer tax
$6,473
Estimated closing costs
$12,946

Plus your down payment of $99,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,592/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

$240,316Total interest paid
$640,236Total of all payments
Principal $399,920 Interest $240,316
YearPrincipalInterestBalance
1$9,369$16,241$390,551
2$9,761$15,849$380,791
3$10,169$15,441$370,622
4$10,594$15,015$360,027
5$11,037$14,572$348,990
6$11,499$14,110$337,491
7$11,980$13,629$325,511
8$12,481$13,128$313,030
9$13,003$12,606$300,027
10$13,547$12,062$286,479
11$14,114$11,496$272,366
12$14,704$10,905$257,661
13$15,319$10,290$242,342
14$15,960$9,649$226,382
15$16,628$8,982$209,755
16$17,323$8,286$192,432
17$18,048$7,562$174,384
18$18,803$6,807$155,581
19$19,589$6,020$135,992
20$20,408$5,201$115,584
21$21,262$4,347$94,322
22$22,151$3,458$72,170
23$23,078$2,531$49,092
24$24,043$1,566$25,049
25$25,049$560$0

At the end of your 5-year term

Total paid over the term
$128,047
Principal paid down
$50,930
Interest paid
$77,117
Balance remaining
$348,990

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
4.5%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.

8.2%
Gross yield
− Property tax $1,692− Condo fees $11,487− Insurance $600− Vacancy & upkeep $4,488Net operating income $22,533

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REALTY 21 INC.. MLS®/PropTx.

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