29 Florence Wyle Lane, Toronto, ON

South Riverdale, Toronto · MLS® E13162376

$699,900
For Sale
Listed 56 days ago
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2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

A beautifully designed ground-floor condo townhouse offering 823 sf of comfortable and functional living space in Toronto's vibrant Riverdale neighbourhood. This inviting 2-bedroom, 2-bathroom residence features a bright, open-concept layout with both east and west-facing exposures filling the home with natural light. Enjoy exceptional indoor-outdoor living with a private back patio perfect for your morning coffee, as well as a charming front terrace with a gas BBQ hookup-ideal for hosting guests. The modern kitchen is appointed with stainless steel appliances, stone counters, ample storage, and large breakfast bar. The spacious primary bedroom includes a walk-in closet and is steps to your private 4-pc bath and ensuite laundry. Parking included for added convenience. Joel Weeks Park is right outside your front door, Jimmie Simpson Park is just around the corner, and Riverdale Park - with its stunning city skyline views - is only a short walk away. Queen Steet East offers easy access to transit, countless boutiques, shops, cafes, and some of the best restaurants in the city. Your just minutes from the Waterfront, DVP, and Downtown. This home offers an unbeatable combination of comfort, style, and connectivity in one of Toronto's most sought-after communities-an excellent opportunity for first-time buyers, young families, or those looking to downsize while enjoying a walkable urban lifestyle. High-speed Beanfield internet included in the maintenance fee.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
E13162376
Bedrooms
2
Bathrooms
2 (1 half)
Size
800-899
Cross streets
Queen St. E and Broadview Ave.
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$651/mo
Exposure
East West
Property tax
$3,212 / 2025
Days on market
56
Listing brokerage
RE/MAX CONDOS PLUS CORPORATION

Rooms

KitchenFlat2.70 × 2.67 m

laminate · stainless steel appl · breakfast bar

Living RoomFlat5.20 × 3.25 m

laminate · large window · overlook patio

Bedroom 2Flat3.95 × 2.63 m

laminate · w/o to patio · sliding doors

Dining RoomFlat2.60 × 1.97 m

laminate · combined w/living · open concept

Primary BedroomFlat3.80 × 2.90 m

laminate · walk-in closet(s) · window

Moe’s TakeTeam Asgarian · Broker
Above comparables
$569Kest. value

Listed at $699,900, this home is about 23% 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 ($824/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in South Riverdale, so I widened the search to the surrounding area.

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 $692K, a bit higher.

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 $640K
  • Adjusts to $640K

That comparable adjusts to $640K; the $569K 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 Queen Alexandra Middle 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. Dundas St East at Munro St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$520KGreat deal$700KOverpriced

Total price vs nearby homes. Fair value about $569K, 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.
  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$577kavg asking

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

48-5 William Jackson Way$640k253-60 Parrotta Drive$585k117-870 Jane Street$448k1117-20 Laidlaw Street$648k1-6 Bicknell Avenue$564k

The 5 closest of 7 active listings nearby.

See all comparable homes
700kThis home640k585k448k648k564kThis home vs active comparables
Live market pulseActive comparables in South Riverdale · median list $705K
$824this home / sqft
10active listings nearby
56days on market

This home lists 6% below the area average of $879/sqft.

52 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

South Riverdale, 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

84/ 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: Dundas St East at Munro St, about 38 m away

20+ transit stops14 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.

Niagara
$559K
Victoria Village
$782K
Willowdale East
$799K
Don Valley Village
$720K
New Toronto
$780K

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 Dundas Junior Public School
59%
Dundas Junior Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 59% meet the provincial standard
Danforth Collegiate and Technical InstituteEQAO results not published

Affordability & Mortgage

Affordability
$3,190/mo
$146KIncome needed
4.8×Price ÷ income
$736Weekly 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.

78%mortgage
Mortgage $3,190Property tax $268Condo fee $651Total carry $4,109

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)
$2,988per month

Mortgage amount $559,920 · 4.14% over 25 years

$139,980Down payment (20.0%)
$559,920Loan before insurance
$0CMHC premium
$3,907Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,988
Property tax
$268
Condo / maintenance fees
$651
Heating
$0
Estimated monthly cost
$3,907

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

One-time closing costs

Ontario land transfer tax
$10,473
Toronto municipal land transfer tax
$10,473
Estimated closing costs
$20,946

Plus your down payment of $139,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,629/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

$336,462Total interest paid
$896,382Total of all payments
Principal $559,920 Interest $336,462
YearPrincipalInterestBalance
1$13,117$22,738$546,803
2$13,666$22,190$533,137
3$14,237$21,618$518,900
4$14,833$21,022$504,067
5$15,453$20,402$488,614
6$16,100$19,756$472,514
7$16,773$19,082$455,741
8$17,475$18,381$438,267
9$18,206$17,650$420,061
10$18,967$16,888$401,094
11$19,760$16,095$381,334
12$20,587$15,268$360,747
13$21,448$14,407$339,299
14$22,345$13,510$316,953
15$23,280$12,575$293,673
16$24,254$11,602$269,420
17$25,268$10,587$244,152
18$26,325$9,530$217,826
19$27,426$8,429$190,400
20$28,573$7,282$161,827
21$29,769$6,087$132,058
22$31,014$4,841$101,044
23$32,311$3,544$68,733
24$33,663$2,193$35,071
25$35,071$785$0

At the end of your 5-year term

Total paid over the term
$179,276
Principal paid down
$71,306
Interest paid
$107,971
Balance remaining
$488,614

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$2,700/mo
$32,400Gross annual rent
2.5%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.

4.6%
Gross yield
− Property tax $3,212− Condo fees $7,814− Insurance $600− Vacancy & upkeep $3,564Net operating income $17,210

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX CONDOS PLUS CORPORATION. MLS®/PropTx.

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