511-225 Bamburgh Circle, Toronto, ON

Steeles, Toronto · MLS® E13578708

$549,000
For Sale
Just listed today
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3Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

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
3 (2 + 1)
Bathrooms
2
Size
1000-1199
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
Listing brokerage
REMAX YOUR COMMUNITY REALTY
Moe’s TakeTeam Asgarian · Broker
Above comparables
$465Kest. value

Listed at $549,000, this home is about 18% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($499/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $548K, 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 $499K
  • Size difference −$84K
  • Adjusts to $415K

That comparable adjusts to $415K; the $465K estimate above is the median of all 5 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.

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

List price
$415KGreat deal$549KOverpriced

Total price vs nearby homes. Fair value about $465K, median of 5 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.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in Steeles · asking prices
$546kavg asking

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

2142-25 Bamburgh Circle$549k2028-75 Bamburgh Circle$588k1708-275 Bamburgh Circle$595k114-55 Bamburgh Circle$499k1721-75 Bamburgh Circle$498k

The 5 closest active listings nearby.

See all comparable homes
549kThis home549k588k595k499k498kThis home vs active comparables
Live market pulseActive comparables in Steeles · median list $498K
$499this home / sqft
16active listings nearby

This home lists 4% above the area average of $480/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Getting around

78/ 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: Warden Ave at Bamburgh Cir, about 111 m away

20+ transit stops4 grocery20+ dining16 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.

Bayview Village
$748K
Willowdale East
$441K
Banbury-Don Mills
$500K
Church-Yonge Corridor
$590K
Waterfront Communities C8
$1.24M

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

Affordability & Mortgage

Affordability
$2,502/mo
$127KIncome needed
4.3×Price ÷ income
$577Weekly 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.

65%mortgage
Mortgage $2,502Property tax $211Condo fee $1,126Total carry $3,840

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)
$2,344per month

Mortgage amount $439,200 · 4.14% over 25 years

$109,800Down payment (20.0%)
$439,200Loan before insurance
$0CMHC premium
$3,681Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,344
Property tax
$211
Condo / maintenance fees
$1,126
Heating
$0
Estimated monthly cost
$3,681

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

One-time closing costs

Ontario land transfer tax
$7,455
Toronto municipal land transfer tax
$7,455
Estimated closing costs
$14,910

Plus your down payment of $109,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,847/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

$263,920Total interest paid
$703,120Total of all payments
Principal $439,200 Interest $263,920
YearPrincipalInterestBalance
1$10,289$17,836$428,911
2$10,719$17,405$418,192
3$11,168$16,957$407,024
4$11,635$16,490$395,389
5$12,121$16,003$383,268
6$12,629$15,496$370,639
7$13,157$14,968$357,483
8$13,707$14,418$343,775
9$14,280$13,844$329,495
10$14,878$13,247$314,617
11$15,500$12,625$299,117
12$16,148$11,976$282,969
13$16,824$11,301$266,145
14$17,528$10,597$248,618
15$18,261$9,864$230,357
16$19,025$9,100$211,332
17$19,820$8,305$191,512
18$20,649$7,475$170,863
19$21,513$6,612$149,349
20$22,413$5,712$126,937
21$23,350$4,774$103,586
22$24,327$3,798$79,259
23$25,345$2,780$53,914
24$26,405$1,720$27,509
25$27,509$615$0

At the end of your 5-year term

Total paid over the term
$140,624
Principal paid down
$55,932
Interest paid
$84,692
Balance remaining
$383,268

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
3.6%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.

7.4%
Gross yield
− Property tax $2,537− Condo fees $13,516− Insurance $600− Vacancy & upkeep $4,488Net operating income $19,659

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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