708-915 Midland Avenue, Toronto, ON

Eglinton East, Toronto · MLS® E13140210

$319,500
For Sale
Listed 61 days ago
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1Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Your Perfect First Home Starts Here! Add Your Personal Touch at 915 Midland Ave #708! Step into homeownership with this bright, well-kept 1-bedroom perched on the 7th floor. The open-concept layout, large windows, and sunny outlook create a welcoming canvas ready for your paint colours, decor, and future updates to make it truly yours. Enjoy a spacious living/dining area, an efficient kitchen you can modernize over time, and a generously sized bedroom with ample closet space. Its move-in ready today, with room to grow as your budget and style evolve. All-inclusive maintenance fees (Heat, Hydro & Water!) 1 parking space + Transit-friendly location TTC at your door & near Lawrence East Station Close to groceries, schools, parks & everyday conveniences. Why not start building equity on your terms? This is the affordable entry point you've been waiting for, with the flexibility to personalize at your pace. Act fast opportunities like this don't last. Book your private showing today! Some photos are virtually staged.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13140210
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Midland/ Eglinton E
Parking
1 garage (surface)
Basement
None
Heating
Baseboard
A/C
None
Exterior
Concrete
Maintenance
$570/mo
Exposure
North
Property tax
$800 / 2025
Days on market
61
Listing brokerage
REAL ESTATE HOMEWARD

Rooms

Dining RoomFlat2.06 × 5.68 m

laminate · open concept · w/o to balcony

Primary BedroomFlat3.33 × 3.53 m

laminate · large closet · large window

Living RoomFlat3.41 × 3.66 m

laminate · open concept

FoyerFlat1.59 × 3.55 m

Laminate

KitchenFlat2.14 × 2.09 m

Ceramic Floor

Moe’s TakeTeam Asgarian · Broker
Above comparables
$294Kest. value

Listed at $319,500, this home is about 9% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($492/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $260K, a bit lower.

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 $535K
  • Bedrooms −$30K
  • Adjusts to $505K

That comparable adjusts to $505K; the $294K estimate above is the median of all 5 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 Glen Ravine Junior 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. Midland Ave at Eglinton Ave East North Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$280KGreat deal$320KOverpriced

Total price vs nearby homes. Fair value about $294K, median of 5 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$481kavg asking

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

806-20 Olive Avenue$419k2207-33 Empress Avenue$488k1906-18 Yonge Street$498k1406-75 The Donway$500k1609-133 Wynford Drive$500k

The 5 closest of 8 active listings nearby.

See all comparable homes
320kThis home419k488k498k500k500kThis home vs active comparables
Live market pulseActive comparables in Eglinton East · median list $374K
$492this home / sqft
5active listings nearby
61days on market

This home lists 8% below the area average of $537/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

Eglinton East, 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

85/ 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 Eglinton Ave East North Side, about 64 m away

20+ transit stops6 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.

Banbury-Don Mills
$500K
Willowdale East
$441K
Annex
$1.39M
Church-Yonge Corridor
$574K
Willowdale West
$770K

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 Ravine Junior Public School
62%
Glen Ravine Junior Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 62% meet the provincial standard
Charles Gordon Senior Public SchoolEQAO results not published
Alternative Scarborough Education 1EQAO results not published

Affordability & Mortgage

Affordability
$1,456/mo
$72KIncome needed
4.5×Price ÷ income
$336Weekly 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.

70%mortgage
Mortgage $1,456Property tax $67Condo fee $570Total carry $2,093

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)
$1,364per month

Mortgage amount $255,600 · 4.14% over 25 years

$63,900Down payment (20.0%)
$255,600Loan before insurance
$0CMHC premium
$2,001Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,364
Property tax
$67
Condo / maintenance fees
$570
Heating
$0
Estimated monthly cost
$2,001

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

One-time closing costs

Ontario land transfer tax
$3,268
Toronto municipal land transfer tax
$3,268
Estimated closing costs
$6,535

Plus your down payment of $63,900. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,657/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

$153,593Total interest paid
$409,193Total of all payments
Principal $255,600 Interest $153,593
YearPrincipalInterestBalance
1$5,988$10,380$249,612
2$6,238$10,129$243,374
3$6,499$9,868$236,875
4$6,771$9,597$230,104
5$7,054$9,313$223,049
6$7,349$9,018$215,700
7$7,657$8,711$208,043
8$7,977$8,391$200,066
9$8,311$8,057$191,755
10$8,658$7,709$183,097
11$9,021$7,347$174,076
12$9,398$6,970$164,679
13$9,791$6,577$154,888
14$10,200$6,167$144,687
15$10,627$5,741$134,060
16$11,072$5,296$122,988
17$11,535$4,833$111,454
18$12,017$4,350$99,436
19$12,520$3,848$86,917
20$13,044$3,324$73,873
21$13,589$2,779$60,284
22$14,158$2,210$46,126
23$14,750$1,618$31,376
24$15,367$1,001$16,010
25$16,010$358$0

At the end of your 5-year term

Total paid over the term
$81,839
Principal paid down
$32,551
Interest paid
$49,288
Balance remaining
$223,049

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
4.3%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.

7.7%
Gross yield
− Property tax $800− Condo fees $6,840− Insurance $600− Vacancy & upkeep $2,706Net operating income $13,654

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

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