510-270 Palmdale Drive, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E14084232

$399,900
For Sale
Just listed todayNo offer date stated
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2+1Bedrooms
1Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • EXCEPTIONAL VALUE IN A PRIME LOCATION! Say goodbye to the hassle of multiple utility bills.
  • Enjoy a fantastic selection of building amenities, including a fitness room, party room, bike storage, mail room, on-site laundry facilities, and an outdoor...
  • Close to schools, shopping, and everyday essentials, with easy access to Highways 401, 404, and the DVP.An ideal opportunity for first-time buyers, downsizers, or...

**MOVE-IN READY! EXCEPTIONAL VALUE IN A PRIME LOCATION!** Say goodbye to the hassle of multiple utility bills! Enjoy outstanding value with maintenance fees that include **heat, hydro, water, cable, and internet**. Freshly painted and professionally cleaned, this inviting condo is ready for you to move in and make it your own.Featuring a spacious combined living and dining area filled with natural light and direct access to a **generously sized balcony**, this home offers the perfect setting for morning coffee, outdoor relaxation, or unwinding at the end of the day. Two well-proportioned, west-facing bedrooms feature built-in closets, while a versatile den provides additional space for a home office, study area, or extra storage. Thoughtfully designed storage includes a linen closet in the foyer and a large coat closet for added everyday convenience.Enjoy a fantastic selection of building amenities, including a fitness room, party room, bike storage, mail room, on-site laundry facilities, and an outdoor children's play area.**Unbeatable convenience at your doorstep!** Just a 1-minute walk to public transit and a 3-minute walk to a nearby commercial plaza featuring a grocery store, McDonald's, Subway, restaurants, Dollarama, a pharmacy, and a walk-in clinic. Close to schools, shopping, and everyday essentials, with easy access to Highways 401, 404, and the DVP.**An ideal opportunity for first-time buyers, downsizers, or savvy investors seeking space, convenience, and exceptional value in a well-connected Toronto neighbourhood. Don't miss your chance to see it!**

Key facts

Property type
Condo Apartment, Apartment
MLS®
E14084232
Bedrooms
2+1 (3 total)
Bathrooms
1
Size
900-999 sq ft
Cross streets
Warden/Sheppard
Parking
1 garage (underground)
Basement
None
Kitchens
2 (1 + 1)
Heating
Radiant
A/C
None
Exterior
Brick
Maintenance
$649/mo
Exposure
West
Property tax
$1,516 / 2026
Listing brokerage
CENTURY 21 TITANS REALTY INC.

Rooms

BedroomFlat4.57 × 3.05 m

b/i closet · vinyl floor · west view

Bedroom 2Flat2.44 × 3.66 m

b/i closet · vinyl floor · west view

DenFlat1.50 × 1.52 m
BathroomFlat
Dining RoomFlat2.49 × 3.00 m

vinyl floor · west view · combined w/living

FoyerFlat1.22 × 1.83 m

Tile Floor

KitchenFlat4.27 × 2.39 m

tile floor · b/i dishwasher · b/i microwave

Living RoomFlat5.18 × 3.35 m

vinyl floor · west view · combined w/dining

Our TakeTeam Asgarian · Broker
A small discount is typical
$390Klikely sale price

Listed at $399,900. Going by how homes in Tam O'Shanter-Sullivan and the wider GTA have actually closed against their asking prices (about 98%, 22 local closings in 90 days), the likely sale price is near $390K, if it sells. A realistic range is $367K to $422K.

Independent value check: $381K. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $355K and $401K).

Why $381K. The typical condo sold in Tam O'Shanter-Sullivan over the past year went for about $520K (75 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $1,516 a year; the typical home sold here pays about $2,600.
  • ▼ Lowers it strongly2+1 bedrooms and 1 baths, against 2+1 and 2 typically.
List price
$367KBelow recent closings$422KAbove recent closings

Total price vs nearby homes. Likely closing about $390K, from 22 recent closings in this pocket.

The market behind the math:

22sold nearby · 90 days
$606Kmedian sold price
96%of asking, on average
+18%prices vs a year ago
~36 dayshomes like this take to sell
$2,409/moest. rent · 5 leases
7.2%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 22 condo apartment homes for sale in the area against 22 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 $421/sqft against an area asking average of $660/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 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $375K. 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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

Based on 3 homes sold in this building over the past two years, plus 2 nearby in Tam O'Shanter-Sullivan, from 146 closings in Tam O'Shanter-Sullivan.

What sellers nearby are askingCurrently listed nearby in Tam O'Shanter-Sullivan · asking prices
$568kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $381K, which is where my estimate comes from.

Per square foot, these ask about $608/sqft; this home lists at $421/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
400kThis home495k550k597k600k599kThis home vs active comparables

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,798 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$540K879

Neighbourhood & location

Tam O'Shanter-Sullivan, 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.

Banbury-Don Mills
$778K
Willowdale East
$500K
Birchcliffe-Cliffside
$575K
Church-Yonge Corridor
$586K
Bay Street Corridor
$725K

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 Vradenburg Junior Public School
75%
Vradenburg Junior Public SchoolPublic · Elementary · 0.3 km awayAbove the GTA average · 75% meet the provincial standard
J B Tyrrell Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Bridlewood Junior Public School · Public elementary0.6 km · 83% at standard
Lynngate Junior Public School · Public elementary0.8 km · 61% at standard
Caring and Safe School 2 · Public secondary1.0 km
Parkview Alternative School · Public secondary1.0 km
Pauline Johnson Junior Public School · Public elementary1.1 km · 58% at standard
Stephen Leacock Collegiate Institute · Public secondary1.3 km · 58% at standard
John Buchan Senior Public School · Public elementary1.3 km
Fairglen Junior Public School · Public elementary1.3 km · 74% at standard
St Gerald Catholic School · Catholic elementary1.3 km · 67% at standard
Tam O'Shanter Junior Public School · Public elementary1.4 km · 56% at standard
Terraview-Willowfield Public School · Public elementary1.5 km · 72% at standard
North Bridlewood Junior Public School · Public elementary1.5 km · 69% at standard

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

Affordability & Mortgage

Affordability
$1,823/mo
$89KIncome needed
4.5×Price ÷ income
$421Weekly cost
$8,947Land 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.

70%mortgage
Mortgage $1,823Property tax $126Condo fee $649Total carry $2,598

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,769per month

Mortgage amount $319,920 · 4.49% over 25 years

$79,980Down payment (20.0%)
$319,920Loan before insurance
$0CMHC premium
$2,544Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,769
Property tax
$126
Condo / maintenance fees
$649
Heating
$0
Estimated monthly cost
$2,544

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

One-time closing costs

Ontario land transfer tax
$4,474
Toronto municipal land transfer tax
$4,474
Estimated closing costs
$8,947

Plus your down payment of $79,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,141/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

$210,748Total interest paid
$530,668Total of all payments
Principal $319,920 Interest $210,748
YearPrincipalInterestBalance
1$7,139$14,087$312,781
2$7,463$13,763$305,317
3$7,802$13,424$297,515
4$8,157$13,070$289,359
5$8,527$12,700$280,832
6$8,914$12,313$271,918
7$9,319$11,908$262,599
8$9,742$11,485$252,857
9$10,184$11,043$242,673
10$10,647$10,580$232,026
11$11,130$10,097$220,896
12$11,635$9,591$209,261
13$12,164$9,063$197,097
14$12,716$8,511$184,381
15$13,293$7,933$171,088
16$13,897$7,330$157,191
17$14,528$6,699$142,664
18$15,187$6,039$127,476
19$15,877$5,350$111,599
20$16,598$4,629$95,001
21$17,351$3,875$77,650
22$18,139$3,087$59,511
23$18,963$2,264$40,548
24$19,824$1,403$20,724
25$20,724$503$0

At the end of your 5-year term

Total paid over the term
$106,134
Principal paid down
$39,088
Interest paid
$67,045
Balance remaining
$280,832

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 5 whole-home leases in Tam O'Shanter-Sullivan$2,409/mo
$28,908Gross annual rent
4.0%Cap rate after taxes and upkeep
$2,120 to $2,698Typical rent range
~20 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 5 whole-home leases in Tam O'Shanter-Sullivan signed at a median of $2,507 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,409. 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.

7.2%
Gross yield
− Property tax $1,516− Condo fees $7,784− Insurance $600− Vacancy & upkeep $3,180Net operating income $15,829

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 TITANS REALTY INC.. MLS®/PropTx.

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