88-140 Ling Road, Toronto, ON

West Hill, Toronto · MLS® E13598290

$499,000
For Sale
Just listed today
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3Bedrooms
2Bathrooms
1Garage
1400-1599Sq Ft

About this home

Welcome to this well-located 3-bedroom, 2-bath condo townhouse in the heart of the vibrant Westhill community.Perfectly positioned for everyday convenience, you're just minutes from the GO Train, making commuting effortless. Everything you need is close at hand-shops, schools, colleges, parks, transit, places of worship, and the Heron Park Community Centre with its pool and recreation facilities.Inside, the home offers a practical and comfortable layout with three well-sized bedrooms and two full bathrooms, ideal for families, professionals, or shared living. One underground parking space is included for added year-round convenience.The building features amenities and secure underground parking, with common areas currently undergoing renovations, offering future value potential as updates are completed.Please note: photos are from previous listing prior to tenant occupancy.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
E13598290
Bedrooms
3
Bathrooms
2
Size
1400-1599
Cross streets
Lawrence/Morningside
Parking
1 garage (underground)
Basement
None
Heating
Radiant
A/C
None
Exterior
Aluminum Siding, Brick
Maintenance
$717/mo
Exposure
North
Property tax
$1,457 / 2026
Listing brokerage
RE/MAX KEY2 REAL ESTATE
Our TakeTeam Asgarian · Broker
Below comparables
$671Kest. value

Listed at $499,000, and my independent estimate is about 26% below comparable homes, worth a close look.

In West Hill lately, sellers get about 102% of asking; homes sell in ~27 days · prices down 11% YoY.

List price
$499KGreat deal$702KOverpriced

Total price vs nearby homes. Fair value about $671K, median of 66 comparables.

How this estimate is builtthe short version

I take the 66 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $420K, lower than the comparables and worth a second look.

What the listing highlights3 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Schools & getting aroundcatchment and transit

The assigned public school is Joseph Brant Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 66 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in West Hill · asking prices
$556kavg asking

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

88-140 Ling Road$639k606-4064 Lawrence Avenue$349k7-110 Ling Road$540k7-20 Hainford Street$698k

The 4 closest active listings nearby.

See all comparable homes
499kThis home639k349k540k698kThis home vs active comparables
Live market pulseActive comparables in West Hill · median list $609K
$333this home / sqft
11active listings nearby
13sold nearby · 90 days
$575Kmedian sold price
102%of asking, on average
11%vs a year ago

This home lists 26% below the area average of $451/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

West Hill, 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.

Morningside
$562K
Malvern
$573K
Victoria Village
$800K
Parkwoods-Donalda
$654K
Hillcrest Village
$696K

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 Joseph Brant Public School
43%
Joseph Brant Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 43% meet the provincial standard
Maplewood High SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,274/mo
$107KIncome needed
4.7×Price ÷ income
$525Weekly 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.

73%mortgage
Mortgage $2,274Property tax $121Condo fee $717Total carry $3,112

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,130per month

Mortgage amount $399,200 · 4.14% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$2,969Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,130
Property tax
$121
Condo / maintenance fees
$717
Heating
$0
Estimated monthly cost
$2,969

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

One-time closing costs

Ontario land transfer tax
$6,455
Toronto municipal land transfer tax
$6,455
Estimated closing costs
$12,910

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,587/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

$239,884Total interest paid
$639,084Total of all payments
Principal $399,200 Interest $239,884
YearPrincipalInterestBalance
1$9,352$16,211$389,848
2$9,743$15,820$380,105
3$10,151$15,413$369,954
4$10,575$14,988$359,379
5$11,018$14,546$348,362
6$11,478$14,085$336,883
7$11,958$13,605$324,925
8$12,459$13,105$312,466
9$12,980$12,584$299,486
10$13,523$12,041$285,964
11$14,088$11,475$271,875
12$14,678$10,886$257,198
13$15,292$10,272$241,906
14$15,931$9,632$225,975
15$16,598$8,966$209,377
16$17,292$8,271$192,085
17$18,015$7,548$174,070
18$18,769$6,795$155,301
19$19,554$6,010$135,748
20$20,372$5,192$115,376
21$21,224$4,340$94,152
22$22,112$3,452$72,040
23$23,036$2,527$49,004
24$24,000$1,563$25,004
25$25,004$559$0

At the end of your 5-year term

Total paid over the term
$127,817
Principal paid down
$50,838
Interest paid
$76,979
Balance remaining
$348,362

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$4,750/mo
$57,000Gross annual rent
8.0%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.

11.4%
Gross yield
− Property tax $1,457− Condo fees $8,599− Insurance $600− Vacancy & upkeep $6,270Net operating income $40,074

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX KEY2 REAL ESTATE. MLS®/PropTx.

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