623-2020 McNicoll Avenue, Toronto, ON
Milliken, Toronto · MLS® E13438616
About this home
Welcome to Mon Sheong Court - a life lease community designed for residents aged 55+! This bright 1 Bedroom + Den + Solarium offers around 840-sf of comfortable living space, including 2 full bathrooms and 1 storage locker. Freshly painted and well-maintained, this suite is move-in ready. The kitchen features stainless steel appliances, a new cooktop, and plenty of storage. The spacious living room is filled with natural light and offers clear west-facing views. The primary bedroom includes an ensuite bathroom with a large shower, built-in seat, and grab bars for added comfort and safety, while the second full bathroom is convenient for guests and also has a shower. The enclosed den has sliding doors and is perfect for a home office or guest room, while the sun-filled solarium, with frosted sliding doors, offers a peaceful space for reading or relaxing. Residents enjoy a wide range of amenities, including a gym, table tennis room, mahjong and card room, karaoke rooms, library, lounge, cafeteria, hair salon, and pharmacy. There are also regular activities such as morning coffee, Tai Chi, dance classes, and bingo, making it easy to stay active and social. Plenty of visitor parking is also available for friends and family to visit. Safety and peace of mind are central to life at Mon Sheong Court, with 24-hour security and a monitored emergency medical alert system in both the bedroom and bathrooms. Additional services include a shuttle bus for grocery shopping, meal delivery options, and assistance with nursing home applications if needed. Conveniently located near Kennedy and Midland, you are steps from TTC transit, groceries, shopping, and restaurants. Management fees of $1,018.60 include property taxes, internet, cable TV, and all utilities (heat, electricity, water, air conditioning). This is a welcoming, vibrant community where you can feel supported, enjoy an active lifestyle, and truly make it your home. Virtually Staged.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- E13438616
- Bedrooms
- 3 (1 + 2)
- Bathrooms
- 2
- Size
- 800-899
- Cross streets
- Kennedy / McNicoll
- Parking
- 0 parking
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $874/mo
- Exposure
- West
- Property tax
- $1,740 / 2026
- Days on market
- 41
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
3 pc ensuite · west view · laminate
combined w/dining · west view · laminate
combined w/living · open concept · laminate
separate room · west view · laminate
pot lights · breakfast bar · double sink
separate room · enclosed · sliding doors
Listed at $448,000, and my independent estimate is right in line with comparable homes.
In Milliken lately, sellers get about 96% of asking; homes sell in ~33 days.
Total price vs nearby homes. Fair value about $442K, median of 55 comparables.
How this estimate is builtthe short version
I take the 55 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $399K, a close match.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit
On schools, this address is zoned for Lynnwood Heights Junior Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
Based on 55 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 8% above the area average of $490/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Milliken, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $358,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,913
- Property tax
- $145
- Condo / maintenance fees
- $874
- Heating
- $0
- Estimated monthly cost
- $2,932
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $5,435
- Toronto municipal land transfer tax
- $5,435
- Estimated closing costs
- $10,870
Plus your down payment of $89,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $114,753
- Principal paid down
- $45,642
- Interest paid
- $69,111
- Balance remaining
- $312,758
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.