1603-390 Dixon Road, Toronto, ON

Kingsview Village-The Westway, Toronto · MLS® W12501120

$450,000
For Sale
Listed 257 days ago
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2Bedrooms
1Bathrooms
1Garage
1000-1199Sq Ft

About this home

Don't Miss This One-of-a-Kind Gem! This rarely available 2-bedroom condo features a spacious layout with a separate kitchen and laundry room, plus a large terrace-style balcony with sun-soaked southern exposure. Freshly painted and move-in ready, it offers low monthly maintenance fees including all utilities, high-speed internet, and TV. Located in a high-demand area with TTC at your doorstep, minutes from highways, shopping, Humber College, and the GO station. Enjoy resort-style amenities like an indoor pool, gym, rec room, and more. Don't miss this perfect opportunity to enter the market before it's gone!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W12501120
Bedrooms
2
Bathrooms
1
Size
1000-1199
Cross streets
Kipling/Dixon Rd
Parking
1 garage (underground)
Basement
None
Heating
Baseboard
A/C
Window Unit(s)
Exterior
Brick, Brick Front
Foundation
Concrete
Maintenance
$768/mo
Exposure
East
Property tax
$1,041 / 2025
Days on market
257
Listing brokerage
RE/MAX GOLD REALTY INC.

Rooms

Bedroom 2Main3.51 × 3.00 m

laminate · closet · window

Dining RoomMain3.30 × 3.20 m

laminate · combined w/living · open concept

Living RoomMain5.69 × 3.25 m

laminate · combined w/dining · w/o to balcony

Primary BedroomMain4.06 × 3.00 m

laminate · closet · window

KitchenMain4.17 × 2.39 m

laminate · ceramic backsplash · window

LaundryMain2.26 × 1.09 m

Laminate

Moe’s TakeTeam Asgarian · Broker
Above comparables
$411Kest. value

Listed at $450,000, this home is about 9% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 16 similar homes nearby, adjusted for size, beds, and baths.Median of 16 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $574K, higher than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $420K
  • Adjusts to $420K

That comparable adjusts to $420K; the $411K estimate above is the median of all 16 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Kipling Ave at Dixon Rd North Side is about a 1-minute walk away.

List price
$400KGreat deal$450KOverpriced

Total price vs nearby homes. Fair value about $411K, median of 16 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Weigh carefully
Comparable listingsCurrently listed nearby in Kingsview Village-The Westway · asking prices
$425kavg asking

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

1104-11 Wincott Drive$420k806-390 Dixon Road$400k1416-370 Dixon Road$400k1502-380 Dixon Road$425k508-390 Dixon Road$480k

The 5 closest of 8 active listings nearby.

See all comparable homes
450kThis home420k400k400k425k480kThis home vs active comparables
Live market pulseActive comparables in Kingsview Village-The Westway · median list $380K
$409this home / sqft
30active listings nearby
257days on market

This home lists 8% above the area average of $380/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Kingsview Village-The Westway, 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.

Getting around

69/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Kipling Ave at Dixon Rd North Side, about 107 m away

20+ transit stops1 grocery20+ dining9 parks9 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Mimico
$800K
Annex
$1.39M
Willowdale West
$770K
Waterfront Communities C1
$694K
Willowdale East
$441K

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 Kingsview Village Junior School
62%
Kingsview Village Junior SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 62% meet the provincial standard
School of Experiential EducationEQAO results not published

Affordability & Mortgage

Affordability
$2,051/mo
$98KIncome needed
4.6×Price ÷ income
$473Weekly cost
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 $2,051Property tax $87Condo fee $768Total carry $2,906

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,921per month

Mortgage amount $360,000 · 4.14% over 25 years

$90,000Down payment (20.0%)
$360,000Loan before insurance
$0CMHC premium
$2,776Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,921
Property tax
$87
Condo / maintenance fees
$768
Heating
$0
Estimated monthly cost
$2,776

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

One-time closing costs

Ontario land transfer tax
$5,475
Toronto municipal land transfer tax
$5,475
Estimated closing costs
$10,950

Plus your down payment of $90,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,333/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

$216,328Total interest paid
$576,328Total of all payments
Principal $360,000 Interest $216,328
YearPrincipalInterestBalance
1$8,434$14,620$351,566
2$8,786$14,267$342,780
3$9,154$13,899$333,626
4$9,537$13,516$324,090
5$9,936$13,117$314,154
6$10,351$12,702$303,803
7$10,784$12,269$293,018
8$11,235$11,818$281,783
9$11,705$11,348$270,078
10$12,195$10,858$257,883
11$12,705$10,348$245,178
12$13,236$9,817$231,942
13$13,790$9,263$218,152
14$14,367$8,686$203,785
15$14,968$8,085$188,817
16$15,594$7,459$173,223
17$16,246$6,807$156,977
18$16,926$6,127$140,051
19$17,634$5,419$122,418
20$18,371$4,682$104,046
21$19,140$3,913$84,907
22$19,940$3,113$64,966
23$20,774$2,279$44,192
24$21,643$1,410$22,549
25$22,549$504$0

At the end of your 5-year term

Total paid over the term
$115,266
Principal paid down
$45,846
Interest paid
$69,420
Balance remaining
$314,154

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
5.7%Est. cap rate

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.

9.1%
Gross yield
− Property tax $1,041− Condo fees $9,215− Insurance $600− Vacancy & upkeep $4,488Net operating income $25,457

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

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