1107-2627 Mccowan Road, Toronto, ON

Agincourt North, Toronto · MLS® E13832378

$508,800
For Sale
Listed 23 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome to the Luxury Monarch Condos at 2627 McCowan Road unit #1107.
  • This well-maintained spacious corner unit offers 2 large bedrooms, 2 bathrooms, with plenty of natural light and unobstructed views.
  • 24 Hour Concierge, Guests Suites, an Indoor Swimming Pool/Sauna/Gym/Party Room, a tennis court, table tennis, a car wash and an excellent walk score.
  • Quick access to the 401, Schools, Malls, TTC, shops, restaurants and more.

Welcome to the Luxury Monarch Condos at 2627 McCowan Road unit #1107. This well-maintained spacious corner unit offers 2 large bedrooms, 2 bathrooms, with plenty of natural light and unobstructed views. 24 Hour Concierge, Guests Suites, an Indoor Swimming Pool/Sauna/Gym/Party Room, a tennis court, table tennis, a car wash and an excellent walk score. Quick access to the 401, Schools, Malls, TTC, shops, restaurants and more. Exclusive parking and locker included. Perfect for anyone seeking space, comfort and convenience.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13832378
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
McCowan & Finch
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Brick
Maintenance
$718/mo
Exposure
North East
Property tax
$2,302 / 2026
Days on market
23
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

KitchenMain2.49 × 2.43 m
Bedroom 2Main3.23 × 2.68 m
BreakfastMain1.85 × 2.52 m

Breakfast Area

Primary BedroomMain3.10 × 3.87 m
Living RoomMain5.15 × 3.68 m
Dining RoomMain5.15 × 3.68 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$489Klikely sale price

Listed at $508,800. Going by how homes in Agincourt North and the wider GTA have actually closed against their asking prices (about 96%, 12 local closings in 90 days), the likely sale price is near $489K, if it sells. A realistic range is $461K to $529K.

Independent value check: $477K. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $444K and $501K).

Why $477K. The typical condo sold in Agincourt North over the past year went for about $423K (48 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $2,302 a year; the typical home sold here pays about $1,900.
  • ▲ Raises it slightlyIt is 800 to 899 sq ft; the typical home sold here is 700 to 799.
List price
$461KBelow recent closings$529KAbove recent closings

Total price vs nearby homes. Likely closing about $489K, from 12 recent closings in this pocket.

The market behind the math:

12sold nearby · 90 days
$453Kmedian sold price
92%of asking, on average
−12%prices vs a year ago
~26 dayshomes like this take to sell
23days on market so far
$2,563/moest. rent · 19 leases
6.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.3 months of inventory: 13 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 $599/sqft against an area asking average of $524/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 $461K. 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

Its public catchment (Anson S Taylor Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 11 homes sold in this building over the past two years, from 88 closings in Agincourt North.

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

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

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 Anson S Taylor Junior Public School
81%
Anson S Taylor Junior Public SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 81% meet the provincial standard
Henry Kelsey Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Iroquois Junior Public School · Public elementary0.6 km · 95% at standard
Percy Williams Junior Public School · Public elementary0.6 km · 82% at standard
Francis Libermann Catholic High School · Catholic secondary0.7 km · 74% at standard
Brimwood Boulevard Junior Public School · Public elementary0.8 km · 61% at standard
Our Lady of Grace Catholic School · Catholic elementary0.8 km · 75% at standard
Delphi Secondary Alternative School · Public secondary1.3 km · 73% at standard
Chartland Junior Public School · Public elementary1.3 km · 71% at standard
North Agincourt Junior Public School · Public elementary1.5 km · 74% at standard
St Marguerite Bourgeoys Catholic Catholic School · Catholic elementary1.6 km
Macklin Public School · Public elementary1.6 km · 68% at standard
Alexmuir Junior Public School · Public elementary1.6 km · 74% at standard
The Divine Infant Catholic School · Catholic elementary1.7 km · 72% at standard

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

Affordability & Mortgage

Affordability
$2,319/mo
$111KIncome needed
4.6×Price ÷ income
$535Weekly cost
$13,302Land 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.

72%mortgage
Mortgage $2,319Property tax $192Condo fee $718Total carry $3,229

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)
$2,251per month

Mortgage amount $407,040 · 4.49% over 25 years

$101,760Down payment (20.0%)
$407,040Loan before insurance
$0CMHC premium
$3,160Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,251
Property tax
$192
Condo / maintenance fees
$718
Heating
$0
Estimated monthly cost
$3,160

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

One-time closing costs

Ontario land transfer tax
$6,651
Toronto municipal land transfer tax
$6,651
Estimated closing costs
$13,302

Plus your down payment of $101,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,724/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

$268,138Total interest paid
$675,178Total of all payments
Principal $407,040 Interest $268,138
YearPrincipalInterestBalance
1$9,083$17,924$397,957
2$9,496$17,511$388,461
3$9,927$17,080$378,534
4$10,378$16,629$368,156
5$10,849$16,158$357,307
6$11,341$15,666$345,966
7$11,856$15,151$334,109
8$12,395$14,612$321,715
9$12,958$14,050$308,757
10$13,546$13,461$295,211
11$14,161$12,846$281,050
12$14,804$12,203$266,247
13$15,476$11,531$250,771
14$16,179$10,828$234,592
15$16,913$10,094$217,679
16$17,681$9,326$199,997
17$18,484$8,523$181,514
18$19,323$7,684$162,190
19$20,201$6,807$141,990
20$21,118$5,889$120,872
21$22,077$4,931$98,795
22$23,079$3,928$75,717
23$24,127$2,880$51,590
24$25,222$1,785$26,367
25$26,367$640$0

At the end of your 5-year term

Total paid over the term
$135,036
Principal paid down
$49,733
Interest paid
$85,303
Balance remaining
$357,307

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 19 whole-home leases in Agincourt North$2,563/mo
$30,756Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,435 to $2,691Typical rent range
~24 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 19 whole-home leases in Agincourt North signed at a median of $2,298 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,563. 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.

6.0%
Gross yield
− Property tax $2,302− Condo fees $8,619− Insurance $600− Vacancy & upkeep $3,383Net operating income $15,852

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

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