1701-25 Silver Springs Boulevard, Toronto, ON

L'Amoreaux, Toronto · MLS® E13858076

$489,000
For Sale
Listed 16 days agoNo offer date stated
2+1Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • This home has undergone a top-to-bottom renovation, and the sellers have invested significantly in quality upgrades throughout.
  • The kitchen itself has been completely gutted and rebuilt with all-new cabinetry, countertops, fixtures, and new stainless steel appliances.

This home has undergone a top-to-bottom renovation, and the sellers have invested significantly in quality upgrades throughout. Brand-new luxury vinyl plank flooring flows through all the main living areas, while the kitchen features a premium upgrade with stunning new porcelain tile. The kitchen itself has been completely gutted and rebuilt with all-new cabinetry, countertops, fixtures, and new stainless steel appliances. Both bathrooms have been fully remodeled with contemporary new finishes, fixtures, and vanities. Fresh neutral paint has been applied throughout the entire interior, creating a bright and welcoming atmosphere, and all-new lighting fixtures have been installed in every room. This was not a quick flip-the owners lived here and chose high-quality materials because they cared about the finished product. Every major update has been completed, so the next owner can simply move in and enjoy a pristine, turnkey home from day one. Beyond the upgrades, the location offers unbeatable convenience-Silver Spring provides easy access to major commuter routes, excellent public transit options, and a vibrant restaurants, shopping, and entertainment venues . Priced to reflect the substantial investment, this property offers outstanding value and is ready for its new owner.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13858076
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
FINCH/BIRCHMOUNT
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$741/mo
Exposure
South West
Property tax
$1,972 / 2026
Days on market
16
Listing brokerage
ELITE CAPITAL REALTY INC.

Rooms

KitchenFlat2.46 × 2.21 m

porcelain floor · stainless steel appl · quartz counter

Living RoomFlat7.98 × 3.43 m

vinyl floor · large window · w/o to balcony

Primary BedroomFlat6.22 × 3.35 m

vinyl floor · 3 pc ensuite · walk-in closet(s)

Bedroom 2Flat4.37 × 2.95 m
PantryFlat2.01 × 1.40 m

vinyl floor · b/i shelves

Dining RoomFlat7.98 × 3.43 m

vinyl floor · combined w/living · open concept

BreakfastFlat2.84 × 2.21 m

porcelain floor · eat-in kitchen · pantry

DenFlat4.29 × 2.75 m

vinyl floor · overlooks living · large window

Our TakeTeam Asgarian · Broker
A small discount is typical
$476Klikely sale price

Listed at $489,000. Going by how homes in L'Amoreaux and the wider GTA have actually closed against their asking prices (about 97%, 16 local closings in 90 days), the likely sale price is near $476K, if it sells. A realistic range is $449K to $515K.

Independent value check: $543K. Without looking at the asking price, our model values the home itself about 11% above the ask (homes like it typically land between $505K and $570K).

Why $543K. The typical condo sold in L'Amoreaux over the past year went for about $515K (89 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$449KBelow recent closings$515KAbove recent closings

Total price vs nearby homes. Likely closing about $476K, from 16 recent closings in this pocket.

The market behind the math:

16sold nearby · 90 days
$428Kmedian sold price
98%of asking, on average
−21%prices vs a year ago
~17 dayshomes like this take to sell
16days on market so far
$2,572/moest. rent · 6 leases
6.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.8 months of inventory: 20 condo apartment homes for sale in the area against 16 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 $376/sqft against an area asking average of $408/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 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $516K. 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.

  • 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

The assigned public school is Silver Springs Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 20 homes sold in this building over the past two years, from 205 closings in L'Amoreaux.

What sellers nearby are askingCurrently listed nearby in L'Amoreaux · asking prices
$561kavg asking

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

Per square foot, these ask about $374/sqft; this home lists at $376/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
489kThis home550k399k625k669kThis home vs active comparables

Sold price trend

Median sold price for condos in L'Amoreaux: $430K in August 2026, down 11% from a year ago, on 71 closings in 9 months.

Oct 25Aug 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$551K10
November 2025$565K5
December 2025$432K8
January 2026$490K7
March 2026$600K10
May 2026$516K8
June 2026$495K9
July 2026$440K9
August 2026$430K5

Neighbourhood & location

L'Amoreaux, 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
Moss Park
$549K
Church-Yonge Corridor
$876K
Kensington-Chinatown
$585K
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 Silver Springs Public School
64%
Silver Springs Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 64% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Aidan Catholic School · Catholic elementary0.4 km · 72% at standard
Brookmill Boulevard Junior Public School · Public elementary0.8 km · 82% at standard
Highland Heights Junior Public School · Public elementary0.8 km · 60% at standard
Timberbank Junior Public School · Public elementary1.0 km · 71% at standard
Lynnwood Heights Junior Public School · Public elementary1.2 km · 84% at standard
David Lewis Public School · Public elementary1.4 km · 86% at standard
Beverly Glen Junior Public School · Public elementary1.4 km · 74% at standard
Mary Ward Catholic Secondary School · Catholic secondary1.4 km · 78% at standard
Sir William Osler High School · Public secondary1.5 km
Msgr Fraser-Midland · Catholic secondary1.6 km · 64% at standard
John Buchan Senior Public School · Public elementary1.6 km
North Bridlewood Junior Public School · Public elementary1.7 km · 69% at standard

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

Affordability & Mortgage

Affordability
$2,229/mo
$107KIncome needed
4.6×Price ÷ income
$514Weekly cost
$12,510Land 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.

71%mortgage
Mortgage $2,229Property tax $164Condo fee $741Total carry $3,134

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)
$2,163per month

Mortgage amount $391,200 · 4.49% over 25 years

$97,800Down payment (20.0%)
$391,200Loan before insurance
$0CMHC premium
$3,068Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,163
Property tax
$164
Condo / maintenance fees
$741
Heating
$0
Estimated monthly cost
$3,068

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

One-time closing costs

Ontario land transfer tax
$6,255
Toronto municipal land transfer tax
$6,255
Estimated closing costs
$12,510

Plus your down payment of $97,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,618/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

$257,704Total interest paid
$648,904Total of all payments
Principal $391,200 Interest $257,704
YearPrincipalInterestBalance
1$8,730$17,226$382,470
2$9,126$16,830$373,344
3$9,541$16,415$363,803
4$9,974$15,982$353,829
5$10,427$15,529$343,403
6$10,900$15,056$332,502
7$11,395$14,561$321,107
8$11,912$14,044$309,195
9$12,453$13,503$296,742
10$13,019$12,937$283,723
11$13,610$12,346$270,113
12$14,228$11,728$255,886
13$14,874$11,082$241,012
14$15,549$10,407$225,463
15$16,255$9,701$209,208
16$16,993$8,963$192,215
17$17,765$8,191$174,450
18$18,571$7,385$155,879
19$19,414$6,542$136,464
20$20,296$5,660$116,168
21$21,217$4,739$94,951
22$22,181$3,775$72,770
23$23,188$2,768$49,582
24$24,241$1,715$25,341
25$25,341$615$0

At the end of your 5-year term

Total paid over the term
$129,781
Principal paid down
$47,797
Interest paid
$81,983
Balance remaining
$343,403

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 L'Amoreaux$2,572/mo
$30,864Gross annual rent
3.3%Cap rate after taxes and upkeep
$2,321 to $2,778Typical 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 6 whole-home leases in L'Amoreaux signed at a median of $2,588 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,572. 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.

6.3%
Gross yield
− Property tax $1,972− Condo fees $8,888− Insurance $600− Vacancy & upkeep $3,395Net operating income $16,009

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

CallRequest a showing