1501-5001 Finch Avenue, Toronto, ON

Agincourt North, Toronto · MLS® E13712364

$550,000
For Sale
Just listed today
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2Bedrooms
2Bathrooms
2Garage
900-999Sq Ft

About this home

Rarely Offered Spacious 2 Bedrooms with 2 full washrooms & 2 underground parking In Monarch's Chartwell Place. Unobstructed South View, Abundance Of Natural Sunlight, Excellent Floorplan, Good Size Principal Rooms W/Plenty Of Storage, Full Size Laundry. Amazing Location - Ttc Right At Your Door Step, Shopping Mall, Supermarket, Banks, Restaurants, Lcbo, Shoppers Just Across The Road. Elementary & High Schools Just Minutes Walk Away. All Inclusive Maintenance Fee, 24Hr Concierge, Indoor Pool, Guest Suites, Gym, Rec Room & A Beautifully Maintained Park.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13712364
Bedrooms
2
Bathrooms
2
Size
900-999
Cross streets
McCowan Rd / Finch Ave
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,007/mo
Exposure
South
Property tax
$2,142 / 2025
Listing brokerage
RE/MAX ACE REALTY INC.

Rooms

Bedroom 2Flat3.65 × 2.74 m

laminate · double closet · window

KitchenFlat5.17 × 3.05 m

w/o to balcony · 4 pc ensuite · walk-in closet(s)

FoyerSecond2.74 × 1.21 m

Ceramic Floor

Dining RoomFlat2.99 × 2.84 m

laminate · open concept · combined w/living

Living RoomFlat4.56 × 3.05 m

laminate · w/o to balcony · south view

KitchenFlat2.88 × 2.69 m

ceramic floor · ceramic backsplash · eat-in kitchen

LaundryFlat5.84 × 4.92 m

4 Pc Bath

Our TakeTeam Asgarian · Broker
Above comparables
$468Kest. value

Listed at $550,000, and my independent estimate is about 17% above what comparable homes suggest.

In Agincourt North lately, sellers get about 95% of asking; homes sell in ~34 days.

List price
$453KGreat deal$550KOverpriced

Total price vs nearby homes. Fair value about $468K, median of 7 comparables.

How this estimate is builtthe short version

I take the 7 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 $472K, a close match.

What the listing highlights1 point to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Iroquois 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 7 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Agincourt North · asking prices
$528kavg asking

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

PH11-5039 Finch Avenue$528k#1507-5001 Finch Avenue$525k1107-2627 Mccowan Road$539k906-30 Thunder Grove$499k709-5001 Finch Avenue$549k

The 5 closest of 6 active listings nearby.

See all comparable homes
550kThis home528k525k539k499k549kThis home vs active comparables
Live market pulseActive comparables in Agincourt North · median list $525K
$579this home / sqft
11active listings nearby
50sold nearby · 90 days
$464Kmedian sold price
95%of asking, on average

This home lists 14% above the area average of $506/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Agincourt North, 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
$720K
Banbury-Don Mills
$588K
Willowdale East
$594K
Willowdale West
$528K
Birchcliffe-Cliffside
$540K

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 Iroquois Junior Public School
95%
Iroquois Junior Public SchoolPublic · Elementary · 0.5 km awayAmong the top in the GTA · 95% meet the provincial standard
Henry Kelsey Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,507/mo
$123KIncome needed
4.5×Price ÷ income
$578Weekly 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.

68%mortgage
Mortgage $2,507Property tax $179Condo fee $1,007Total carry $3,692

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of August 26, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,372per month

Mortgage amount $440,000 · 4.24% over 25 years

$110,000Down payment (20.0%)
$440,000Loan before insurance
$0CMHC premium
$3,558Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,372
Property tax
$179
Condo / maintenance fees
$1,007
Heating
$0
Estimated monthly cost
$3,558

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

One-time closing costs

Ontario land transfer tax
$7,475
Toronto municipal land transfer tax
$7,475
Estimated closing costs
$14,950

Plus your down payment of $110,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$2,878/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

$271,627Total interest paid
$711,627Total of all payments
Principal $440,000 Interest $271,627
YearPrincipalInterestBalance
1$10,166$18,299$429,834
2$10,602$17,863$419,232
3$11,056$17,409$408,176
4$11,530$16,935$396,646
5$12,024$16,441$384,623
6$12,539$15,926$372,084
7$13,076$15,389$359,007
8$13,637$14,828$345,371
9$14,221$14,244$331,150
10$14,830$13,635$316,319
11$15,466$12,999$300,854
12$16,128$12,337$284,725
13$16,820$11,646$267,906
14$17,540$10,925$250,365
15$18,292$10,173$232,074
16$19,076$9,389$212,998
17$19,893$8,572$193,105
18$20,745$7,720$172,359
19$21,634$6,831$150,725
20$22,561$5,904$128,164
21$23,528$4,937$104,636
22$24,536$3,929$80,099
23$25,588$2,877$54,512
24$26,684$1,781$27,827
25$27,827$638$0

At the end of your 5-year term

Total paid over the term
$142,325
Principal paid down
$55,377
Interest paid
$86,948
Balance remaining
$384,623

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$3,050/mo
$36,600Gross annual rent
3.2%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.

6.7%
Gross yield
− Property tax $2,142− Condo fees $12,084− Insurance $600− Vacancy & upkeep $4,026Net operating income $17,748

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

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