401-1470 Midland Avenue, Toronto, ON

Dorset Park, Toronto · MLS® E14029992

$399,800
For Sale
Listed 6 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Parking
900-999Sq ft

About this home

In short

  • Bright & Spacious 2-Bedroom, 2 Full Bathroom Condo With Unobstructed View, 1 Parking Space, And Low Maintenance Fees. 24-Hour Security And An Excellent Opportunity to...
  • Easy Access To Hwy 401 within 5 mins Excellent Value In A Convenient Location Lowest listing price...Don't Miss This Opportunity.

Priced To Sell. Bright & Spacious 2-Bedroom, 2 Full Bathroom Condo With Unobstructed View, 1 Parking Space, And Low Maintenance Fees. **24-Hour Security And An Excellent Opportunity to Renovate And Customize to your Taste. Conveniently Located Near Midland & Lawrence >>Walking Distance To TTC, Thompson Park, Schools, Grocery Stores, restaurant, Places Of Worship, Banks And Many More Amenities. Easy Access To Hwy 401 within 5 mins Excellent Value In A Convenient Location ** Lowest listing price...Don't Miss This Opportunity!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E14029992
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
900-999 sq ft
Cross streets
Midland & Lawrence
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$825/mo
Exposure
North
Property tax
$1,621 / 2025
Days on market
6
Listing brokerage
HOMELIFE/CHAMPIONS REALTY INC.

Rooms

KitchenFlat3.59 × 2.39 m

ceramic floor · renovated

Primary BedroomFlat4.25 × 3.05 m

laminate · 4 pc ensuite

Living RoomFlat5.45 × 3.50 m

combined w/dining · laminate

SolariumFlat3.49 × 1.80 m

breakfast area · ceramic floor

Bedroom 2Flat3.49 × 2.74 m

Laminate

Dining RoomFlat5.45 × 3.50 m

combined w/living · laminate

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 Donwood Park 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 in Dorset Park · asking prices
$524kavg 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 $534/sqft; this home lists at $421/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
400kThis home585k389k599kThis home vs active comparables

Neighbourhood & location

Dorset Park, 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
Waterfront Communities C8
$554K
Kensington-Chinatown
$585K

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 Donwood Park Public School
57%
Donwood Park Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 57% meet the provincial standard
Alternative Scarborough Education 1EQAO results not published
Also nearby: 12 more schools within 2.5 km
David and Mary Thomson Collegiate Institute · Public secondary0.5 km · 52% at standard
Charles Gordon Senior Public School · Public elementary0.8 km
Hunter's Glen Junior Public School · Public elementary0.9 km · 66% at standard
St Albert Catholic School · Catholic elementary1.0 km · 66% at standard
Winston Churchill Collegiate Institute · Public secondary1.1 km · 44% at standard
Dorset Park Public School · Public elementary1.1 km · 62% at standard
St Lawrence Catholic School · Catholic elementary1.2 km · 59% at standard
Lord Roberts Junior Public School · Public elementary1.2 km · 69% at standard
General Crerar Public School · Public elementary1.3 km · 57% at standard
Knob Hill Public School · Public elementary1.5 km · 57% at standard
Edgewood Public School · Public elementary1.5 km · 36% at standard
St Joan of Arc Catholic Academy · Catholic secondary1.7 km · 61% at standard

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

Affordability & Mortgage

Affordability
$1,822/mo
$93KIncome needed
4.3×Price ÷ income
$420Weekly cost
$8,944Land 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.

65%mortgage
Mortgage $1,822Property tax $135Condo fee $825Total carry $2,782

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)
$1,768per month

Mortgage amount $319,840 · 4.49% over 25 years

$79,960Down payment (20.0%)
$319,840Loan before insurance
$0CMHC premium
$2,729Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,768
Property tax
$135
Condo / maintenance fees
$825
Heating
$0
Estimated monthly cost
$2,729

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

One-time closing costs

Ontario land transfer tax
$4,472
Toronto municipal land transfer tax
$4,472
Estimated closing costs
$8,944

Plus your down payment of $79,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,140/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

$210,695Total interest paid
$530,535Total of all payments
Principal $319,840 Interest $210,695
YearPrincipalInterestBalance
1$7,137$14,084$312,703
2$7,462$13,760$305,241
3$7,800$13,421$297,441
4$8,154$13,067$289,286
5$8,525$12,697$280,761
6$8,912$12,310$271,850
7$9,316$11,905$262,533
8$9,739$11,482$252,794
9$10,182$11,040$242,612
10$10,644$10,577$231,968
11$11,127$10,094$220,841
12$11,632$9,589$209,209
13$12,161$9,061$197,048
14$12,713$8,509$184,335
15$13,290$7,931$171,045
16$13,893$7,328$157,152
17$14,524$6,697$142,628
18$15,184$6,038$127,444
19$15,873$5,348$111,571
20$16,594$4,628$94,978
21$17,347$3,874$77,631
22$18,135$3,087$59,496
23$18,958$2,263$40,538
24$19,819$1,402$20,719
25$20,719$503$0

At the end of your 5-year term

Total paid over the term
$106,107
Principal paid down
$39,079
Interest paid
$67,028
Balance remaining
$280,761

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$3,050/mo
$36,600Gross annual rent
5.1%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.

9.2%
Gross yield
− Property tax $1,621− Condo fees $9,900− Insurance $600− Vacancy & upkeep $4,026Net operating income $20,453

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

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