1901-15 Torrance Road, Toronto, ON

Eglinton East, Toronto · MLS® E13792646

$429,000
For Sale
Listed 33 days agoNo offer date stated
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2+1Bedrooms
1Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Welcome to this bright and exceptionally spacious 2-bedroom suite, ideally situated on the 19th floor at 15 Torrance Rd.
  • Enjoy an outstanding selection of building amenities including an outdoor swimming pool, fitness centre, sauna, recreation/party room and more.

Welcome to this bright and exceptionally spacious 2-bedroom suite, ideally situated on the 19th floor at 15 Torrance Rd. Thoughtfully designed for modern living, the den area has been opened to create an expansive living and dining space, offering an exceptional sense of openness and flexibility-perfect for entertaining guests or enjoying comfortable everyday living. Floor-to-ceiling windows fill the suite with natural light while offering beautiful elevated views. Generously sized bedrooms, ample storage and a well-designed layout complete this inviting home. Enjoy an outstanding selection of building amenities including an outdoor swimming pool, fitness centre, sauna, recreation/party room and more. Ideally located just minutes from Eglinton GO, TTC, shopping, restaurants, parks, schools and major highways. A fantastic opportunity to enjoy space, lifestyle and convenience in one of Scarborough's well-connected communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13792646
Bedrooms
2+1 (3 total)
Bathrooms
1
Size
900-999 sq ft
Cross streets
McCowan and Eglinton
Parking
1 garage (underground)
Basement
None
Heating
Water
A/C
Window Unit(s)
Exterior
Brick
Foundation
Concrete
Roof
Flat
Maintenance
$910/mo
Exposure
North
Property tax
$1,046 / 2025
Days on market
33
Listing brokerage
CENTURY 21 KING`S QUAY REAL ESTATE INC.

Rooms

Bedroom 2Flat4.28 × 2.72 m

large closet · laminate

Living RoomFlat5.30 × 3.35 m

w/o to balcony · laminate · combined w/dining

Primary BedroomFlat4.13 × 2.72 m

ensuite bath · walk-in closet(s)

Dining RoomFlat4.80 × 2.65 m

laminate · combined w/living · sliding doors

KitchenFlat4.07 × 2.10 m

b/i dishwasher · double sink · ceramic floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$415Klikely sale price

Listed at $429,000. Going by how homes in Eglinton East and the wider GTA have actually closed against their asking prices (about 97%, 12 local closings in 90 days), the likely sale price is near $415K, if it sells. A realistic range is $391K to $450K.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

List price
$391KBelow recent closings$450KAbove recent closings

Total price vs nearby homes. Likely closing about $415K, from 12 recent closings in this pocket.

The market behind the math:

12sold nearby · 90 days
$395Kmedian sold price
93%of asking, on average
−27%prices vs a year ago
~37 dayshomes like this take to sell
33days on market so far
$2,408/moest. rent · 6 leases
6.7%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.8 months of inventory: 19 condo apartment homes for sale in the area against 12 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 $452/sqft against an area asking average of $420/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $319K. Condition and finishes remain an 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.

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

The assigned public school is Cedarbrae Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 9 homes sold in this building over the past two years, from 72 closings in Eglinton East.

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 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$540K885

Neighbourhood & location

Eglinton East, 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
$543K
North St. James Town
$765K
Moss Park
$549K
Waterfront Communities C8
$554K
Church-Yonge Corridor
$876K

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 John McCrae Public School
54%
John McCrae Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 54% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Mason Road Junior Public School · Public elementary0.8 km · 43% at standard
Cedarbrook Public School · Public elementary0.8 km · 48% at standard
Scarborough Village Public School · Public elementary1.1 km · 65% at standard
Bliss Carman Senior Public School · Public elementary1.2 km
St Boniface Catholic School · Catholic elementary1.2 km · 68% at standard
Knob Hill Public School · Public elementary1.3 km · 57% at standard
H A Halbert Junior Public School · Public elementary1.5 km · 46% at standard
Walter Perry Junior Public School · Public elementary1.5 km · 66% at standard
Glen Ravine Junior Public School · Public elementary1.6 km · 62% at standard
Anson Park Public School · Public elementary1.7 km · 60% at standard
Cedar Drive Junior Public School · Public elementary1.8 km · 53% at standard
Robert Service Senior Public School · Public elementary1.8 km

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

Affordability & Mortgage

Affordability
$1,955/mo
$97KIncome needed
4.4×Price ÷ income
$451Weekly cost
$10,110Land 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.

66%mortgage
Mortgage $1,955Property tax $87Condo fee $910Total carry $2,952

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,898per month

Mortgage amount $343,200 · 4.49% over 25 years

$85,800Down payment (20.0%)
$343,200Loan before insurance
$0CMHC premium
$2,895Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,898
Property tax
$87
Condo / maintenance fees
$910
Heating
$0
Estimated monthly cost
$2,895

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

One-time closing costs

Ontario land transfer tax
$5,055
Toronto municipal land transfer tax
$5,055
Estimated closing costs
$10,110

Plus your down payment of $85,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,297/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

$226,084Total interest paid
$569,284Total of all payments
Principal $343,200 Interest $226,084
YearPrincipalInterestBalance
1$7,659$15,113$335,541
2$8,007$14,765$327,535
3$8,370$14,401$319,165
4$8,750$14,021$310,415
5$9,147$13,624$301,267
6$9,563$13,209$291,705
7$9,997$12,774$281,708
8$10,451$12,321$271,257
9$10,925$11,846$260,332
10$11,421$11,350$248,910
11$11,940$10,831$236,971
12$12,482$10,289$224,489
13$13,049$9,723$211,440
14$13,641$9,130$197,799
15$14,261$8,511$183,538
16$14,908$7,863$168,630
17$15,585$7,186$153,045
18$16,293$6,479$136,752
19$17,032$5,739$119,720
20$17,806$4,966$101,915
21$18,614$4,157$83,300
22$19,459$3,312$63,841
23$20,343$2,429$43,498
24$21,266$1,505$22,232
25$22,232$539$0

At the end of your 5-year term

Total paid over the term
$113,857
Principal paid down
$41,933
Interest paid
$71,924
Balance remaining
$301,267

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 6 whole-home leases in Eglinton East$2,408/mo
$28,896Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,215 to $2,601Typical rent range
~41 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 6 whole-home leases in Eglinton East signed at a median of $2,398 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,408. 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.

6.7%
Gross yield
− Property tax $1,046− Condo fees $10,918− Insurance $600− Vacancy & upkeep $3,179Net operating income $13,153

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 KING`S QUAY REAL ESTATE INC.. MLS®/PropTx.

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