1509-121 Ling Road, Toronto, ON

West Hill, Toronto · MLS® E13451996

$449,000
For Sale
Listed 31 days ago
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Absolutely stunning FULLY RENOVATED 2 Bed, 2 bath unit. Experience the vibe of a New and Modern living with a generous amount of space in a traditional condo unit. Thoughtfully designed with large principal rooms and an open, functional layout, this unit provides the perfect balance of space, convenience, and style. Large windows fill the suite with natural light while showcasing beautiful east-facing views overlooking the picturesque Rouge Valley, creating a peaceful backdrop to enjoy every day. The well-appointed kitchen flows seamlessly into the living and dining areas, making both everyday living and entertaining effortless. The spacious primary bedroom features ample closet space and a private ensuite bathroom, while the second bedroom offers flexibility for guests, family, or a home office. Complete with in-suite storage and one owned parking space, this unit delivers exceptional value and convenience. Residents enjoy access to an outstanding selection of amenities, including 24-hour concierge service, outdoor pool, fitness center, sauna, tennis courts, library, BBQ courtyard, and beautifully landscaped grounds. Ideally located close to shopping, restaurants, cafés, parks, schools, daycare centers, medical facilities, community recreation amenities, public transit, and Highway 401. An excellent opportunity to enjoy spacious condominium living in a well-managed building surrounded by nature and everyday conveniences. Parking and Locker are included

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13451996
Bedrooms
2
Bathrooms
2
Size
1000-1199
Cross streets
Lawrence & Morningside
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Wall Unit(s)
Exterior
Brick
Maintenance
$842/mo
Exposure
East
Property tax
$1,772 / 2025
Days on market
31
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Primary BedroomMain4.87 × 3.20 m

3 pc ensuite · laminate · carpet free

Bedroom 2Main3.20 × 2.74 m

3 pc ensuite · laminate · renovated

KitchenMain4.50 × 2.43 m

b/i range · backsplash · renovated

Dining RoomMain3.90 × 2.74 m

renovated · laminate · open concept

Living RoomMain6.09 × 4.87 m

balcony · laminate · open concept

Moe’s TakeTeam Asgarian · Broker
In line
$410Kest. value

Listed at $449,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $478K, 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 $360K
  • Adjusts to $360K

That comparable adjusts to $360K; the $410K estimate above is the median of all 6 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 Joseph Brant 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. Lawrence Ave East at Ling Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$355KGreat deal$476KOverpriced

Total price vs nearby homes. Fair value about $410K, median of 6 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby in West Hill · asking prices
$403kavg asking

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

1207-121 Ling Road$460k1612-121 Ling Road$420k1504-121 Ling Road$420k1910-121 Ling Road$360k808-121 Ling Road$355k

The 5 closest of 6 active listings nearby.

See all comparable homes
449kThis home460k420k420k360k355kThis home vs active comparables
Live market pulseActive comparables in West Hill · median list $420K
$408this home / sqft
13active listings nearby
31days on market

This home lists 7% above the area average of $380/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

West Hill, 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

87/ 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: Lawrence Ave East at Ling Rd, about 111 m away

20+ transit stops6 grocery20+ dining20+ parks14 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
Willowdale West
$770K
Church-Yonge Corridor
$577K
Annex
$1.57M

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 Joseph Brant Public School
43%
Joseph Brant Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 43% meet the provincial standard
Maplewood High SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,046/mo
$102KIncome needed
4.4×Price ÷ income
$472Weekly 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 $2,046Property tax $148Condo fee $842Total carry $3,036

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)
$1,917per month

Mortgage amount $359,200 · 4.14% over 25 years

$89,800Down payment (20.0%)
$359,200Loan before insurance
$0CMHC premium
$2,906Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,917
Property tax
$148
Condo / maintenance fees
$842
Heating
$0
Estimated monthly cost
$2,906

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

One-time closing costs

Ontario land transfer tax
$5,455
Toronto municipal land transfer tax
$5,455
Estimated closing costs
$10,910

Plus your down payment of $89,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,328/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

$215,847Total interest paid
$575,047Total of all payments
Principal $359,200 Interest $215,847
YearPrincipalInterestBalance
1$8,415$14,587$350,785
2$8,767$14,235$342,018
3$9,133$13,868$332,885
4$9,516$13,486$323,369
5$9,914$13,088$313,456
6$10,328$12,674$303,128
7$10,760$12,242$292,367
8$11,210$11,792$281,157
9$11,679$11,323$269,478
10$12,168$10,834$257,310
11$12,677$10,325$244,633
12$13,207$9,795$231,426
13$13,759$9,242$217,667
14$14,335$8,667$203,332
15$14,935$8,067$188,397
16$15,559$7,443$172,838
17$16,210$6,792$156,628
18$16,888$6,114$139,740
19$17,594$5,407$122,146
20$18,330$4,671$103,815
21$19,097$3,905$84,718
22$19,896$3,106$64,822
23$20,728$2,274$44,094
24$21,595$1,407$22,499
25$22,499$503$0

At the end of your 5-year term

Total paid over the term
$115,009
Principal paid down
$45,744
Interest paid
$69,265
Balance remaining
$313,456

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
5.3%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.

9.1%
Gross yield
− Property tax $1,772− Condo fees $10,105− Insurance $600− Vacancy & upkeep $4,488Net operating income $23,835

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

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