511-225 Bamburgh Circle, Toronto, ON

Steeles, Toronto · MLS® E13578708

$524,009
For Sale
Listed 94 days agoNo offer date statedSitting longer than typical
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2+1Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to the stunning, executive condo, prestigious, skylark.
  • This spacious sweet boasts luxurious lifestyle, featuring an open-concept with natural lights, that floods the interior, creating a warm and inviting atmosphere...

Welcome to the stunning, executive condo, prestigious, skylark. Conveniently located in the heart of Toronto. This spacious sweet boasts luxurious lifestyle, featuring an open-concept with natural lights, that floods the interior, creating a warm and inviting atmosphere throughout. Some photos are virtually staged. ALL UTILITIES ARE INCLUDED

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13578708
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Warden/Steeles
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,126/mo
Exposure
West
Property tax
$2,537 / 2026
Days on market
94
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Dining RoomFlat4.45 × 3.60 m

laminate · combined w/living

SolariumFlat3.50 × 2.90 m

laminate · w/o to balcony

Primary BedroomFlat4.50 × 3.30 m

laminate · 4 pc ensuite · his and hers closets

Living RoomFlat4.55 × 3.30 m

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

KitchenFlat3.50 × 2.80 m

ceramic floor · stainless steel appl · backsplash

Bedroom 2Flat3.85 × 3.45 m

laminate · combined w/solarium · closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$513Klikely sale price

Listed at $524,009. Going by how homes in Steeles and the wider GTA have actually closed against their asking prices (about 98%, 13 local closings in 90 days), the likely sale price is near $513K, if it sells. A realistic range is $483K to $555K.

Independent value check: $504K. Without looking at the asking price, our model values the home itself about 4% below the ask (homes like it typically land between $469K and $529K).

Why $504K. The typical condo sold in Steeles over the past year went for about $503K (62 sales). On tax assessment, size, rooms and lot, this one is close to that typical home.

Longer on the market than typical. 94 days on the market against about 32 for homes like it here, and asking 4% above where comparable closings put it.

List price
$483KBelow recent closings$555KAbove recent closings

Total price vs nearby homes. Likely closing about $513K, from 13 recent closings in this pocket.

The market behind the math:

13sold nearby · 90 days
$560Kmedian sold price
99%of asking, on average
−1%prices vs a year ago
~28 dayshomes like this take to sell
94days on market so far
$2,656/moest. rent · 5 leases
6.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 7 condo apartment homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $477/sqft against an area asking average of $442/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $505K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Dr Norman Bethune Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 13 homes sold in this building over the past two years, from 93 closings in Steeles.

What sellers nearby are askingCurrently listed nearby in Steeles · asking prices
$556kavg asking

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

Per square foot, these ask about $428/sqft; this home lists at $477/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
524kThis home510k479k568k669kThis home vs active comparables

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K885

Neighbourhood & location

Steeles, 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
$765K
Moss Park
$549K
Church-Yonge Corridor
$876K
Kensington-Chinatown
$585K

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 Terry Fox Public School
80%
Terry Fox Public SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 80% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
David Lewis Public School · Public elementary0.5 km · 86% at standard
Sir Samuel B Steele Junior Public School · Public elementary0.7 km · 71% at standard
Sir Ernest MacMillan Senior Public School · Public elementary0.8 km
L'Amoreaux Collegiate Institute · Public secondary1.1 km · 52% at standard
Kennedy Public School · Public elementary1.4 km · 80% at standard
Brookmill Boulevard Junior Public School · Public elementary1.4 km · 82% at standard
Beverly Glen Junior Public School · Public elementary1.5 km · 74% at standard
Epiphany of our Lord Catholic Academy · Catholic elementary1.6 km
Mary Ward Catholic Secondary School · Catholic secondary1.6 km · 78% at standard
Chester Le Junior Public School · Public elementary1.7 km · 47% at standard
St Sylvester Catholic School · Catholic elementary1.8 km · 94% at standard
Silver Springs Public School · Public elementary1.9 km · 64% at standard

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

Affordability & Mortgage

Affordability
$2,388/mo
$122KIncome needed
4.3×Price ÷ income
$551Weekly cost
$13,910Land 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.

64%mortgage
Mortgage $2,388Property tax $211Condo fee $1,126Total carry $3,726

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,318per month

Mortgage amount $419,207 · 4.49% over 25 years

$104,802Down payment (20.0%)
$419,207Loan before insurance
$0CMHC premium
$3,655Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,318
Property tax
$211
Condo / maintenance fees
$1,126
Heating
$0
Estimated monthly cost
$3,655

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

One-time closing costs

Ontario land transfer tax
$6,955
Toronto municipal land transfer tax
$6,955
Estimated closing costs
$13,910

Plus your down payment of $104,802. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,805/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

$276,153Total interest paid
$695,361Total of all payments
Principal $419,207 Interest $276,153
YearPrincipalInterestBalance
1$9,355$18,460$409,852
2$9,780$18,035$400,073
3$10,224$17,591$389,849
4$10,688$17,127$379,161
5$11,173$16,641$367,988
6$11,680$16,134$356,307
7$12,211$15,604$344,097
8$12,765$15,049$331,331
9$13,345$14,470$317,986
10$13,951$13,864$304,036
11$14,584$13,230$289,452
12$15,246$12,568$274,205
13$15,939$11,876$258,267
14$16,662$11,152$241,604
15$17,419$10,396$224,185
16$18,210$9,605$205,976
17$19,036$8,778$186,939
18$19,901$7,914$167,039
19$20,804$7,010$146,234
20$21,749$6,065$124,485
21$22,736$5,078$101,749
22$23,769$4,046$77,980
23$24,848$2,966$53,132
24$25,976$1,838$27,156
25$27,156$659$0

At the end of your 5-year term

Total paid over the term
$139,072
Principal paid down
$51,219
Interest paid
$87,853
Balance remaining
$367,988

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
From 5 whole-home leases in Steeles$2,656/mo
$31,872Gross annual rent
2.2%Cap rate after taxes and upkeep
$2,337 to $2,975Typical rent range
~34 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Steeles signed at a median of $2,798 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,656. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

6.1%
Gross yield
− Property tax $2,537− Condo fees $13,516− Insurance $600− Vacancy & upkeep $3,506Net operating income $11,713

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

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