319-2020 Mcnicoll Avenue, Toronto, ON
Milliken, Toronto · MLS® E13629702
About this home
Visit the REALTOR website for more information about this Listing. Welcome to Suite 319 at Mon Sheong Court, a life lease residence for adults 55+ at Kennedy & McNicoll. At 1,120 sq ft, the 2F+D is among the largest layouts in the building - 2 bedrooms plus a separate den, 2 full baths, ensuite laundry and a walk-out balcony. Renovated top to bottom and move-in ready. The new kitchen offers stone counters, a tiled backsplash, full-height cabinetry and stainless steel appliances; both bathrooms have been rebuilt with new vanities and full tile surrounds. Wide-plank flooring, fresh neutral paint and updated lighting run throughout. Purpose-built for independent living. The suite is entirely single-level and step-free, with open sight lines and easy circulation between rooms. Monitored emergency pull stations are fitted in the bedrooms and bathrooms, tied directly to the building's 24-hour response system. The main bath offers a walk-in shower with a built-in seat, a handheld sprayer on a slide bar and grab bars on three sides; safety grab bars are also fitted at the toilet in both bathrooms. Lever handles throughout. The living/dining room stretches 21 feet to a walk-out balcony, with picture windows framing a western view. Both bedrooms hold walk-in closets - the primary a generous 15' x 10'. The enclosed den suits a home office, hobby room or guest space. Underground garage parking and a storage locker included. A monthly fee of $1388.80 covers property taxes, hydro, water, heat, air conditioning and Rogers cable TV including the Fairchild channels. The building is built around its residents: 24-hour security, on-site medical clinic and pharmacy, cafeteria and dining room, exercise room, library, mahjong and card rooms, karaoke, ping pong and hair salon, plus a full calendar of social and cultural programs. Shuttle bus to groceries; meal delivery available. TTC at the door. Minutes to Pacific Mall, Asian supermarkets and Hwy 401. Some photos are virtually staged.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- E13629702
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1000-1199
- Cross streets
- Kennedy/McNicoll
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Maintenance
- $1,389/mo
- Exposure
- West
- Property tax
- $2,328 / 2025
- Listing brokerage
- EASY LIST REALTY LTD.
Rooms
Listed at $649,000, and my independent estimate is about 30% above what comparable homes suggest.
In Milliken lately, sellers get about 97% of asking; homes sell in ~32 days.
Total price vs nearby homes. Fair value about $499K, median of 14 comparables.
How this estimate is builtthe short version
I take the 14 most comparable recent listings 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 listing.
It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $579K, a bit higher.
What the listing highlights1 point 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
Schools & getting aroundcatchment and transit
On schools, this address is zoned for Lynnwood Heights Junior Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
Based on 14 comparable homes nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 28% above the area average of $461/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Milliken, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.04% via Ratehub.ca (as of July 31, 2026); conventional rates run a little higher.
Mortgage amount $519,200 · 4.19% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,785
- Property tax
- $194
- Condo / maintenance fees
- $1,389
- Heating
- $0
- Estimated monthly cost
- $4,368
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,455
- Toronto municipal land transfer tax
- $9,455
- Estimated closing costs
- $18,910
Plus your down payment of $129,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $167,090
- Principal paid down
- $65,732
- Interest paid
- $101,358
- Balance remaining
- $453,468
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EASY LIST REALTY LTD.. MLS®/PropTx.