PH12-25 Silver Springs Boulevard, Toronto, ON

L'Amoreaux, Toronto · MLS® E13451292

$528,000
For Sale
Listed 37 days ago
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2Bedrooms
1Bathrooms
1Garage
1000-1199Sq Ft

About this home

Perched high above the city, this bright and spacious penthouse suite offers breathtaking, unobstructed views and an effortless blend of comfort and sophistication. Enjoy spectacular sunsets and panoramic city views from the comfort of your own home. Rarely offered penthouse with more living space than comparable units in the building. Thoughtfully designed layout features two generously sized bedrooms, an eat-in kitchen, and ensuite laundry with new washer and dryer. Freshly painted throughout and showcasing a newly renovated kitchen, this move-in-ready home offers the perfect blend of comfort, style, and everyday convenience. Underground parking space is also conveniently located near the elevator. Maintenance fees cover heat, air conditioning, water, and cable TV, providing exceptional value and peace of mind. Residents enjoy an impressive selection of resort-style amenities, including indoor and outdoor swimming pools, tennis court, a fully equipped fitness centre, 24-hour security, and more. Ideally situated just steps to TTC transit, shopping plazas, parks, and schools, with quick access to Highways 401 and 404, hospitals, and countless everyday conveniences. Rare opportunity to own a beautifully updated penthouse in the highly sought-after community!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13451292
Bedrooms
2
Bathrooms
1
Size
1000-1199
Cross streets
Birchmount Rd & Finch Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$606/mo
Exposure
West
Property tax
$1,825 / 2025
Days on market
37
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

KitchenFlat4.35 × 2.49 m

eat-in kitchen · vinyl floor

Primary BedroomFlat6.27 × 3.30 m

double closet · laminate

Living RoomFlat10.10 × 3.30 m

combined w/dining · laminate · w/o to balcony

Dining RoomFlat10.10 × 3.30 m

combined w/living · laminate

Bedroom 2Flat4.15 × 2.49 m

brick fireplace · laminate

Our TakeTeam Asgarian · Broker
Above comparables
$461Kest. value

Listed at $528,000, and my independent estimate is about 14% above what comparable homes suggest.

In L'Amoreaux lately, sellers get about 97% of asking; homes sell in ~36 days.

List price
$443KGreat deal$528KOverpriced

Total price vs nearby homes. Fair value about $461K, median of 12 comparables.

How this estimate is builtthe short version

I take the 12 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 $490K, a close match.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Silver Springs Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 12 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in L'Amoreaux · asking prices
$466kavg asking

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

706-45 Silver Springs Boulevard$499k406-25 Silver Springs Boulevard$498k602-2721 Victoria Park Avenue$439k203-2721 Victoria Pk Avenue$429k

The 4 closest active listings nearby.

See all comparable homes
528kThis home499k498k439k429kThis home vs active comparables
Live market pulseActive comparables in L'Amoreaux · median list $499K
$480this home / sqft
18active listings nearby
37days on market
70sold nearby · 90 days
$495Kmedian sold price
97%of asking, on average

This home lists 11% above the area average of $434/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

L'Amoreaux, 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.

Tam O'Shanter-Sullivan
$399K
Bayview Village
$523K
Willowdale East
$539K
Bay Street Corridor
$638K
Church-Yonge Corridor
$611K

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 Silver Springs Public School
64%
Silver Springs Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 64% meet the provincial standard

Affordability & Mortgage

Affordability
$2,406/mo
$111KIncome needed
4.8×Price ÷ income
$555Weekly 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.

76%mortgage
Mortgage $2,406Property tax $152Condo fee $606Total carry $3,164

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,254per month

Mortgage amount $422,400 · 4.14% over 25 years

$105,600Down payment (20.0%)
$422,400Loan before insurance
$0CMHC premium
$3,012Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,254
Property tax
$152
Condo / maintenance fees
$606
Heating
$0
Estimated monthly cost
$3,012

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

One-time closing costs

Ontario land transfer tax
$7,035
Toronto municipal land transfer tax
$7,035
Estimated closing costs
$14,070

Plus your down payment of $105,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,738/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

$253,825Total interest paid
$676,225Total of all payments
Principal $422,400 Interest $253,825
YearPrincipalInterestBalance
1$9,895$17,154$412,505
2$10,309$16,740$402,195
3$10,741$16,308$391,455
4$11,190$15,859$380,265
5$11,658$15,391$368,607
6$12,145$14,904$356,462
7$12,653$14,396$343,808
8$13,183$13,866$330,626
9$13,734$13,315$316,891
10$14,309$12,740$302,583
11$14,907$12,142$287,676
12$15,531$11,518$272,145
13$16,180$10,869$255,965
14$16,857$10,192$239,108
15$17,562$9,487$221,545
16$18,297$8,752$203,248
17$19,062$7,987$184,186
18$19,859$7,190$164,327
19$20,690$6,359$143,637
20$21,556$5,493$122,081
21$22,457$4,592$99,624
22$23,397$3,652$76,227
23$24,375$2,674$51,852
24$25,395$1,654$26,457
25$26,457$592$0

At the end of your 5-year term

Total paid over the term
$135,245
Principal paid down
$53,793
Interest paid
$81,452
Balance remaining
$368,607

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
5.0%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 $1,825− Condo fees $7,268− Insurance $600− Vacancy & upkeep $4,488Net operating income $26,619

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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