504-921 Midland Avenue, Toronto, ON

Eglinton East, Toronto · MLS® E13484894

$389,235
For Sale
Listed 117 days agoNo offer date statedSitting longer than typical
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2Bedrooms
1Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Spacious and nicely renovated 2 bedroom Condo in super high demand location.
  • One would be hard pressed to find a more convenient location, being literally minutes from downtown Toronto, easy drive or subway trip, 10 - 15 minutes to either the...

Spacious and nicely renovated 2 bedroom Condo in super high demand location. The building is located just minutes away from the Kennedy subway and just steps away from the upcoming Eglinton crosstown LRT. The Midland Ave bus stop is right at the front door of the building and shopping is very convenient as supermarkets and shopping malls abound in the area. Schools and places of worship of all denominations are all within easy walking distance. One would be hard pressed to find a more convenient location, being literally minutes from downtown Toronto, easy drive or subway trip, 10 - 15 minutes to either the 401 or DVP highways.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13484894
Bedrooms
2
Bathrooms
1
Size
800-899 sq ft
Cross streets
Midland/Eglinton
Parking
1 garage (detached)
Basement
None
Heating
Radiant
A/C
None
Exterior
Concrete
Maintenance
$755/mo
Exposure
North West
Property tax
$995 / 2025
Days on market
117
Listing brokerage
CENTRAL HOME REALTY INC.

Rooms

Primary BedroomFlat4.39 × 3.30 m

broadloom · large window · closet

Living RoomFlat5.93 × 3.29 m

laminate · open concept · w/o to balcony

KitchenFlat2.22 × 1.99 m

laminate · backsplash

Bedroom 2Flat3.48 × 3.05 m

broadloom · closet · large window

Dining RoomFlat2.66 × 2.36 m

laminate · open concept · w/o to balcony

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bayview Village
$543K
North St. James Town
$649K
Moss Park
$549K
Church-Yonge Corridor
$876K
Waterfront Communities C8
$554K

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
Also nearby: 12 more schools within 2.5 km
St Joan of Arc Catholic Academy · Catholic secondary0.2 km · 61% at standard
Walter Perry Junior Public School · Public elementary0.6 km · 66% at standard
Lord Roberts Junior Public School · Public elementary0.8 km · 69% at standard
South East Secondary Alternative School · Public secondary0.9 km
Caring and Safe School 3 · Public secondary0.9 km
Scarborough Centre for Alternative Studi · Public secondary0.9 km
St Maria Goretti Catholic School · Catholic elementary0.9 km · 56% at standard
Robert Service Senior Public School · Public elementary0.9 km
Hunter's Glen Junior Public School · Public elementary1.1 km · 66% at standard
Corvette Junior Public School · Public elementary1.1 km · 60% at standard
Knob Hill Public School · Public elementary1.2 km · 57% at standard
Ionview Public School · Public elementary1.3 km · 64% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$1,774/mo
$88KIncome needed
4.4×Price ÷ income
$409Weekly cost
$8,627Land transfer tax, one-time (Ontario + Toronto)
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.

68%mortgage
Mortgage $1,774Property tax $83Condo fee $755Total carry $2,612

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,722per month

Mortgage amount $311,388 · 4.49% over 25 years

$77,847Down payment (20.0%)
$311,388Loan before insurance
$0CMHC premium
$2,560Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,722
Property tax
$83
Condo / maintenance fees
$755
Heating
$0
Estimated monthly cost
$2,560

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

One-time closing costs

Ontario land transfer tax
$4,314
Toronto municipal land transfer tax
$4,314
Estimated closing costs
$8,627

Plus your down payment of $77,847. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,084/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

$205,127Total interest paid
$516,515Total of all payments
Principal $311,388 Interest $205,127
YearPrincipalInterestBalance
1$6,949$13,712$304,439
2$7,264$13,396$297,175
3$7,594$13,066$289,581
4$7,939$12,722$281,642
5$8,299$12,361$273,342
6$8,676$11,984$264,666
7$9,070$11,590$255,596
8$9,482$11,179$246,114
9$9,913$10,748$236,201
10$10,363$10,298$225,838
11$10,833$9,827$215,005
12$11,325$9,336$203,680
13$11,839$8,821$191,841
14$12,377$8,284$179,464
15$12,939$7,722$166,525
16$13,526$7,134$152,999
17$14,140$6,520$138,859
18$14,782$5,878$124,077
19$15,454$5,207$108,623
20$16,155$4,505$92,468
21$16,889$3,772$75,579
22$17,656$3,005$57,924
23$18,457$2,203$39,466
24$19,295$1,365$20,171
25$20,171$489$0

At the end of your 5-year term

Total paid over the term
$103,303
Principal paid down
$38,046
Interest paid
$65,257
Balance remaining
$273,342

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
4.7%Cap rate after taxes and upkeep

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.

8.3%
Gross yield
− Property tax $995− Condo fees $9,063− Insurance $600− Vacancy & upkeep $3,564Net operating income $18,178

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

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