PH07-20 Gilder Drive, Toronto, ON

Eglinton East, Toronto · MLS® E13523986

$489,000
For Sale
Listed 12 days ago
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3Bedrooms
2Bathrooms
1Garage · 2 parking
1200-1399Sq Ft

About this home

Just 2 Mins walking to New Eglinton LRT. A Dream Penthouse Apartment, of Total A-Z Renovated Immaculate Modern Updated Condo Unit. Appx 1500 SFT CLarge Cornet Unit Centre Of Toronto Scarborough North Facing With Modern Interiors, 3 Spacious Bedrooms comes with Window Air-Conditioner in Living room, Open Space Concept Large Living Room, Breakfast Corner in the Kitchen, Large Dining Room, Two Washrooms with Modern Touch Mirrors and LED Lights, In-House almost New Washer-Dryer, Brand New appliances Over the Range Microwave, Dish Washer under two years service warrantee. In suite Laundry room comes with extra store room. His/Her Walking closet with Master Bedroom. Brand New Kitchen Cabinet With Quartz/Granite Countertop & Awesome New Floor Tiles in Kitchen, Floor Heating System, Exclusive super Large Balcony North facing 401/Scarborough Town Center, Waterproof Laminated Flooring All Over The House. Children's Playground On Property. The all-inclusive maintenance fee covers all utilities excluding Hydro, Residents enjoy premium amenities indoor Pool, Gym, Sauna, and secure underground parking. Underground 2 parking spot one owned and one rent for 70/m. Conveniently located 4-5 Min walking distance to Kennedy Subway Station and 2 Min to new LRT Eglinton Subway station. Close to GO Station, 24-hour TTC service, Multiple shopping Mall, Hospital, and more, this home combines comfort, convenience, New broiler machine and New Balcony installed and affordability Great in Choice ! ! ! Monthly Maintenance fees include Water, Heating, Cable , 24 hrs Gym & common elements & building insurance. Wow...

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13523986
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399
Cross streets
Eglinton Ave / Midland Ave
Parking
1 garage · 2 parking (underground)
Basement
None
Heating
Radiant
A/C
Window Unit(s)
Exterior
Concrete
Maintenance
$1,050/mo
Exposure
North
Property tax
$1,209 / 2025
Days on market
12
Listing brokerage
VERTICAL MARKETING REALTY

Rooms

Living RoomFlat6.97 × 3.65 m

Combined w/Dining

Bedroom 3Flat4.28 × 2.85 m

Double Closet

KitchenFlat4.62 × 2.39 m

B/I Dishwasher

Bedroom 2Flat4.67 × 3.02 m

Double Closet

Dining RoomFlat3.62 × 2.46 m

W/O To Balcony

Primary BedroomFlat4.85 × 4.28 m

2 Pc Ensuite

Moe’s TakeTeam Asgarian · Broker
In line
$551Kest. value

Listed at $489,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $355K, lower than the comparables and worth a second look.

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 $500K
  • Adjusts to $500K

That comparable adjusts to $500K; the $551K estimate above is the median of all 10 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 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.

On location, this is a very walkable address with everyday errands close by. Midland Ave at Gilder Dr is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$483KGreat deal$594KOverpriced

Total price vs nearby homes. Fair value about $551K, median of 10 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$669kavg asking

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

2101-115 Omni Drive$575k406-90 Fisherville Road$618k701-100 Canyon Avenue$595k504-23 Rean Drive$888k

The 4 closest active listings nearby.

See all comparable homes
489kThis home575k618k595k888kThis home vs active comparables
Live market pulseActive comparables in Eglinton East · median list $500K
$376this home / sqft
13active listings nearby
12days on market

This home lists 16% below the area average of $448/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

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.

Getting around

85/ 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: Midland Ave at Gilder Dr, about 95 m away

20+ transit stops6 grocery20+ dining19 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.

Banbury-Don Mills
$500K
Willowdale East
$441K
Annex
$1.57M
Church-Yonge Corridor
$573K
Willowdale West
$770K

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 · 0.3 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

Affordability & Mortgage

Affordability
$2,229/mo
$111KIncome needed
4.4×Price ÷ income
$514Weekly 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.

66%mortgage
Mortgage $2,229Property tax $101Condo fee $1,050Total carry $3,379

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)
$2,088per month

Mortgage amount $391,200 · 4.14% over 25 years

$97,800Down payment (20.0%)
$391,200Loan before insurance
$0CMHC premium
$3,238Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,088
Property tax
$101
Condo / maintenance fees
$1,050
Heating
$0
Estimated monthly cost
$3,238

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

One-time closing costs

Ontario land transfer tax
$6,255
Toronto municipal land transfer tax
$6,255
Estimated closing costs
$12,510

Plus your down payment of $97,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,536/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

$235,077Total interest paid
$626,277Total of all payments
Principal $391,200 Interest $235,077
YearPrincipalInterestBalance
1$9,164$15,887$382,036
2$9,548$15,503$372,488
3$9,947$15,104$362,541
4$10,363$14,688$352,177
5$10,797$14,254$341,381
6$11,248$13,803$330,132
7$11,719$13,332$318,413
8$12,209$12,842$306,204
9$12,720$12,331$293,485
10$13,252$11,799$280,233
11$13,806$11,245$266,427
12$14,384$10,668$252,043
13$14,985$10,066$237,058
14$15,612$9,439$221,446
15$16,265$8,786$205,181
16$16,945$8,106$188,236
17$17,654$7,397$170,582
18$18,393$6,658$152,189
19$19,162$5,889$133,027
20$19,963$5,088$113,064
21$20,798$4,253$92,265
22$21,668$3,383$70,597
23$22,575$2,476$48,022
24$23,519$1,532$24,503
25$24,503$548$0

At the end of your 5-year term

Total paid over the term
$125,255
Principal paid down
$49,819
Interest paid
$75,436
Balance remaining
$341,381

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$4,100/mo
$49,200Gross annual rent
6.0%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.

10.1%
Gross yield
− Property tax $1,209− Condo fees $12,598− Insurance $600− Vacancy & upkeep $5,412Net operating income $29,382

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

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