502-1161 Kingston Road, Toronto, ON

Birchcliffe-Cliffside, Toronto · MLS® E13778516

$1,375,900
For Sale
Listed 32 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage · 0 parking
1200-1399Sq ft

About this home

In short

  • Huge savings - builder suite subject to HST rebate! A bright and spacious corner 2 bedroom / 2 bath suite with sweeping south and west views from your own private...
  • Hardwood floors throughout, a large kitchen with island, separate laundry room, a primary suite with its own west-facing balcony plus a full second bedroom with west...
  • Courcelette is a new boutique development of just 58 suites, with superb amenities including a full gym, party room, outdoor garden terrace and a rooftop terrace with...

* Huge savings - builder suite subject to HST rebate! * A bright and spacious corner 2 bedroom / 2 bath suite with sweeping south and west views from your own private terrace! Welcome to Courcelette Condos and suite 502, a suite with tremendous living space inside and out, including a lake-facing terrace spanning of 283 square feet with views over the neighbourhood and towards the city skyline. Hardwood floors throughout, a large kitchen with island, separate laundry room, a primary suite with its own west-facing balcony plus a full second bedroom with west views. Floor to ceiling windows introduce spectacular light throughout. Under Tarion warranty. Courcelette is a new boutique development of just 58 suites, with superb amenities including a full gym, party room, outdoor garden terrace and a rooftop terrace with kitchenette. A community of the perfect scale, perfectly located just moments to shops, restaurants, cafes, transit and the water's edge. Parking and locker available.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13778516
Bedrooms
2
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Kingston Road and Victoria Park
Parking
1 garage · 0 parking (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Maintenance
$870/mo
Exposure
South West
Days on market
32
Listing brokerage
RIGHT AT HOME REALTY

Rooms

KitchenMain2.62 × 16.50 m

modern kitchen · b/i appliances · centre island

Primary BedroomMain2.90 × 3.51 m

west view · 3 pc ensuite · hardwood floor

Living RoomMain8.66 × 3.08 m

hardwood floor · south view · w/o to terrace

Dining RoomMain5.40 × 5.03 m

open concept · hardwood floor · california shutters

Bedroom 2Main2.99 × 3.66 m

hardwood floor · west view · closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.36Mlikely sale price

Listed at $1,375,900 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $1.36M, typically $1.28M to $1.47M. Comparable closings on their own put this home around $804K, about 42% below the ask.

List price
$1.28MBelow recent closings$1.47MAbove recent closings

Total price vs nearby homes. Likely closing about $1.36M, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$597Kmedian sold price
103%of asking, on average
+4%prices vs a year ago
~30 dayshomes like this take to sell
32days on market so far
$3,156/moest. rent · 36 leases
2.8%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.4 months of inventory: 9 condo apartment homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,059/sqft against an area asking average of $802/sqft.

How this estimate is builtthe short version

I take the 8 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), 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.

What the listing highlights1 point to weigh

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

  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Malvern Collegiate Institute, 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 8 comparable homes that sold in Birchcliffe-Cliffside over the past two years, from 75 closings there.

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,798 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K879

Neighbourhood & location

Birchcliffe-Cliffside, 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.

Moss Park
$507K
Banbury-Don Mills
$778K
Waterfront Communities C8
$449K
Church-Yonge Corridor
$586K
Bay Street Corridor
$725K

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 Courcelette Public School
77%
Courcelette Public SchoolPublic · Elementary · 0.3 km awayAbove the GTA average · 77% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Neil McNeil High School · Catholic secondary0.4 km · 76% at standard
Blantyre Public School · Public elementary0.5 km · 71% at standard
Adam Beck Junior Public School · Public elementary0.7 km · 73% at standard
Balmy Beach Community School · Public elementary1.0 km · 88% at standard
Notre Dame Catholic High School · Catholic secondary1.1 km · 82% at standard
St John Catholic School · Catholic elementary1.2 km · 72% at standard
St Dunstan Catholic School · Catholic elementary1.3 km · 73% at standard
Samuel Hearne Public School · Public elementary1.5 km · 47% at standard
Oakridge Junior Public School · Public elementary1.5 km · 61% at standard
Beaches Alternative Junior School · Public elementary1.6 km
Kimberley Junior Public School · Public elementary1.6 km · 82% at standard
Birch Cliff Public School · Public elementary1.6 km · 68% at standard

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

Affordability & Mortgage

Affordability
$6,271/mo
$287KIncome needed
4.8×Price ÷ income
$1,447Weekly cost
$47,986Land 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.

78%mortgage
Mortgage $6,271Estimated property tax $860Condo fee $870Total carry $8,001

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,086per month

Mortgage amount $1,100,720 · 4.49% over 25 years

$275,180Down payment (20.0%)
$1,100,720Loan before insurance
$0CMHC premium
$7,816Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,086
Estimated property tax
$860
Condo / maintenance fees
$870
Heating
$0
Estimated monthly cost
$7,816

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

One-time closing costs

Ontario land transfer tax
$23,993
Toronto municipal land transfer tax
$23,993
Estimated closing costs
$47,986

Plus your down payment of $275,180. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,366/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

$725,101Total interest paid
$1,825,821Total of all payments
Principal $1,100,720 Interest $725,101
YearPrincipalInterestBalance
1$24,563$48,469$1,076,157
2$25,679$47,354$1,050,478
3$26,845$46,188$1,023,633
4$28,063$44,969$995,570
5$29,338$43,695$966,232
6$30,670$42,363$935,563
7$32,062$40,971$903,500
8$33,518$39,515$869,983
9$35,040$37,993$834,943
10$36,631$36,402$798,312
11$38,294$34,739$760,018
12$40,033$33,000$719,985
13$41,850$31,183$678,135
14$43,750$29,282$634,385
15$45,737$27,296$588,648
16$47,814$25,219$540,834
17$49,984$23,048$490,850
18$52,254$20,779$438,596
19$54,626$18,406$383,970
20$57,107$15,926$326,863
21$59,700$13,333$267,163
22$62,410$10,623$204,753
23$65,244$7,789$139,509
24$68,206$4,827$71,303
25$71,303$1,730$0

At the end of your 5-year term

Total paid over the term
$365,164
Principal paid down
$134,488
Interest paid
$230,677
Balance remaining
$966,232

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
From 36 whole-home leases in Birchcliffe-Cliffside$3,156/mo
$37,872Gross annual rent
0.9%Cap rate after taxes and upkeep
$2,998 to $3,314Typical rent range
~31 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 36 whole-home leases in Birchcliffe-Cliffside signed at a median of $2,742 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,156. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

2.8%
Gross yield
− Property tax $9,631− Condo fees $10,441− Insurance $600− Vacancy & upkeep $4,166Net operating income $13,034

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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