718-1470 Midland Avenue, Toronto, ON

Dorset Park, Toronto · MLS® E13592722

$549,900
For Sale
Listed 89 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to this beautifully maintained corner unit with 2-bedroom, 2-bathroom condo, thoughtfully designed for comfort and everyday convenience.
  • Residents also have access to an impressive selection of premium amenities, including an indoor swimming pool, fitness center, library, games room, and 24-hour...

Welcome to this beautifully maintained corner unit with 2-bedroom, 2-bathroom condo, thoughtfully designed for comfort and everyday convenience. Featuring in-suite laundry and a spacious den that can easily serve as a third bedroom, this home is an excellent option for growing families, professionals, or those looking to downsize without sacrificing space. Enjoy a warm and inviting atmosphere with tasteful upgrades, including a cozy fireplace and custom blinds. Ideally located just steps from public transit, shopping, dining, and other everyday essentials, this condo offers exceptional convenience. Residents also have access to an impressive selection of premium amenities, including an indoor swimming pool, fitness center, library, games room, and 24-hour security, all within a well-managed building that has been recently upgraded. Combining comfort, style, and an unbeatable location, this move-in-ready condo is a fantastic opportunity you won't want to miss. Schedule your viewing today!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13592722
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Midland/Lawrence
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$924/mo
Exposure
South East
Property tax
$1,734 / 2026
Days on market
89
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Rooms

Dining RoomFlat6.55 × 3.75 m

open concept · picture window

Primary BedroomMain6.15 × 3.05 m

b/i closet · window · ensuite bath

Dining RoomMain3.70 × 2.51 m

combined w/living · vinyl floor

Living RoomFlat6.55 × 3.75 m

Combined w/Dining

Bedroom 2Main3.28 × 2.69 m

large closet · window

Bedroom 2Flat3.35 × 3.17 m

Double Closet

Living RoomMain4.83 × 3.18 m

large window · vinyl floor · south view

SolariumFlat5.12 × 2.79 m

Combined w/Kitchen

Primary BedroomFlat4.26 × 3.14 m

4 pc ensuite · walk-in closet(s)

KitchenFlat2.80 × 2.44 m

ceramic floor · eat-in kitchen

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 Donwood Park 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

Dorset Park, 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
$526K
North St. James Town
$765K
Church-Yonge Corridor
$666K
Waterfront Communities C8
$554K
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 Donwood Park Public School
57%
Donwood Park Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 57% meet the provincial standard
Alternative Scarborough Education 1EQAO results not published
Also nearby: 12 more schools within 2.5 km
David and Mary Thomson Collegiate Institute · Public secondary0.5 km · 52% at standard
Charles Gordon Senior Public School · Public elementary0.8 km
Hunter's Glen Junior Public School · Public elementary0.9 km · 66% at standard
St Albert Catholic School · Catholic elementary1.0 km · 66% at standard
Winston Churchill Collegiate Institute · Public secondary1.1 km · 44% at standard
Dorset Park Public School · Public elementary1.1 km · 62% at standard
St Lawrence Catholic School · Catholic elementary1.2 km · 59% at standard
Lord Roberts Junior Public School · Public elementary1.2 km · 69% at standard
General Crerar Public School · Public elementary1.3 km · 57% at standard
Knob Hill Public School · Public elementary1.5 km · 57% at standard
Edgewood Public School · Public elementary1.5 km · 36% at standard
St Joan of Arc Catholic Academy · Catholic secondary1.7 km · 61% at standard

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

Affordability & Mortgage

Affordability
$2,506/mo
$120KIncome needed
4.6×Price ÷ income
$578Weekly cost
$14,946Land 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.

70%mortgage
Mortgage $2,506Property tax $145Condo fee $924Total carry $3,575

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)
$2,432per month

Mortgage amount $439,920 · 4.49% over 25 years

$109,980Down payment (20.0%)
$439,920Loan before insurance
$0CMHC premium
$3,501Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,432
Property tax
$145
Condo / maintenance fees
$924
Heating
$0
Estimated monthly cost
$3,501

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

One-time closing costs

Ontario land transfer tax
$7,473
Toronto municipal land transfer tax
$7,473
Estimated closing costs
$14,946

Plus your down payment of $109,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,944/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

$289,798Total interest paid
$729,718Total of all payments
Principal $439,920 Interest $289,798
YearPrincipalInterestBalance
1$9,817$19,372$430,103
2$10,263$18,926$419,840
3$10,729$18,460$409,111
4$11,216$17,973$397,895
5$11,725$17,463$386,170
6$12,258$16,931$373,912
7$12,814$16,375$361,098
8$13,396$15,793$347,702
9$14,004$15,185$333,698
10$14,640$14,549$319,058
11$15,305$13,884$303,753
12$16,000$13,189$287,753
13$16,726$12,463$271,027
14$17,486$11,703$253,542
15$18,279$10,909$235,262
16$19,109$10,079$216,153
17$19,977$9,212$196,176
18$20,884$8,305$175,292
19$21,832$7,356$153,459
20$22,824$6,365$130,636
21$23,860$5,329$106,776
22$24,943$4,246$81,833
23$26,076$3,113$55,757
24$27,260$1,929$28,497
25$28,497$691$0

At the end of your 5-year term

Total paid over the term
$145,944
Principal paid down
$53,750
Interest paid
$92,193
Balance remaining
$386,170

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
4.2%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.

7.4%
Gross yield
− Property tax $1,734− Condo fees $11,085− Insurance $600− Vacancy & upkeep $4,488Net operating income $22,893

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

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