1518-1883 Mcnicoll Avenue, Toronto, ON

Steeles, Toronto · MLS® E13886404

$599,000
For Sale
Listed 7 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
2Garage
1000-1199Sq ft

About this home

In short

  • 2Bedroom + Sunroom ( Can Use As A Bedroom) + Den Main Br Have Walk In Closet.
  • Steps To All Amenities, Parks And Community Centre Just Across The Street, Ttc Bus At Door.
  • Open Concept Family Size Kitchen W/ Breakfast Area.
  • Bright And Spacious Recreation Facilities With Indoor Swimming Pool.
  • 24 Hrs Gate House Security.

Location! 2Bedroom + Sunroom ( Can Use As A Bedroom) + Den Main Br Have Walk In Closet. Just Painted Unit. Steps To All Amenities, Parks And Community Centre Just Across The Street, Ttc Bus At Door. Open Concept Family Size Kitchen W/ Breakfast Area. Bright And Spacious Recreation Facilities With Indoor Swimming Pool. Ensuite Laundry, Unobstructed View. 24 Hrs Gate House Security.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13886404
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Kennedy / Mcnicol
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Brick
Maintenance
$893/mo
Exposure
East
Property tax
$2,478 / 2026
Days on market
7
Listing brokerage
FIRST CLASS REALTY INC.

Rooms

SolariumFlat3.05 × 2.57 m

Large Window

Living RoomFlat5.61 × 3.44 m

laminate · large window · open concept

Bedroom 2Flat

large window · laminate

Mud RoomFlat0.01 × 0.01 m
KitchenFlat2.57 × 1.83 m

Open Concept

Primary BedroomFlat4.27 × 2.90 m

laminate · walk-in closet(s) · large window

Dining RoomFlat5.92 × 2.44 m

laminate · large window · combined w/living

SunroomFlat

laminate · large window

BreakfastFlat3.18 × 1.83 m
BedroomFlat3.05 × 2.57 m

laminate · large window

BedroomFlat

4 pc ensuite · walk-in closet(s)

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby · asking prices
$511kavg 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 $442/sqft; this home lists at $545/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
599kThis home568k475k489kThis home vs active comparables

Neighbourhood & location

Steeles, 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
$526K
North St. James Town
$765K
Church-Yonge Corridor
$529K
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 · 0.8 km awayBelow the GTA average · 64% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Mary Ward Catholic Secondary School · Catholic secondary0.2 km · 78% at standard
St Sylvester Catholic School · Catholic elementary0.7 km · 94% at standard
Kennedy Public School · Public elementary0.9 km · 80% at standard
David Lewis Public School · Public elementary1.2 km · 86% at standard
Milliken Public School · Public elementary1.3 km · 78% at standard
Dr Norman Bethune Collegiate Institute · Public secondary1.3 km · 81% at standard
Terry Fox Public School · Public elementary1.3 km · 80% at standard
Alexmuir Junior Public School · Public elementary1.4 km · 74% at standard
St Marguerite Bourgeoys Catholic Catholic School · Catholic elementary1.5 km
St Rene Goupil Catholic School · Catholic elementary1.5 km
Brookmill Boulevard Junior Public School · Public elementary1.5 km · 82% at standard
St Aidan Catholic School · Catholic elementary1.6 km · 72% at standard

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

Affordability & Mortgage

Affordability
$2,730/mo
$131KIncome needed
4.6×Price ÷ income
$630Weekly cost
$16,910Land 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 $2,730Property tax $207Condo fee $893Total carry $3,830

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,650per month

Mortgage amount $479,200 · 4.49% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$3,749Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,650
Property tax
$207
Condo / maintenance fees
$893
Heating
$0
Estimated monthly cost
$3,749

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

One-time closing costs

Ontario land transfer tax
$8,455
Toronto municipal land transfer tax
$8,455
Estimated closing costs
$16,910

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,207/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

$315,674Total interest paid
$794,874Total of all payments
Principal $479,200 Interest $315,674
YearPrincipalInterestBalance
1$10,694$21,101$468,506
2$11,179$20,616$457,327
3$11,687$20,108$445,640
4$12,217$19,577$433,423
5$12,772$19,023$420,651
6$13,352$18,443$407,299
7$13,958$17,837$393,340
8$14,592$17,203$378,748
9$15,255$16,540$363,494
10$15,947$15,848$347,546
11$16,671$15,124$330,875
12$17,428$14,367$313,447
13$18,220$13,575$295,227
14$19,047$12,748$276,180
15$19,912$11,883$256,269
16$20,816$10,979$235,453
17$21,761$10,034$213,692
18$22,749$9,046$190,943
19$23,782$8,013$167,162
20$24,861$6,933$142,300
21$25,990$5,805$116,310
22$27,170$4,625$89,140
23$28,404$3,391$60,736
24$29,694$2,101$31,042
25$31,042$753$0

At the end of your 5-year term

Total paid over the term
$158,975
Principal paid down
$58,549
Interest paid
$100,425
Balance remaining
$420,651

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$3,400/mo
$40,800Gross annual rent
3.8%Cap rate after taxes and upkeep

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.

6.8%
Gross yield
− Property tax $2,478− Condo fees $10,719− Insurance $600− Vacancy & upkeep $4,488Net operating income $22,514

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

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