903-236 Albion Road, Toronto, ON

Elms-Old Rexdale, Toronto · MLS® W12812986

$464,800
For Sale
Listed 144 days ago
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3Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Bright, Spacious & Move-In Ready Condo with Scenic Views! This beautifully updated 3-bedroom, 2-washroom suite offers over 1,000 sqft of comfortable living space and a functional layout perfect for families or downsizers alike. Enjoy new flooring throughout the main living areas and the convenience of ensuite laundry. Water is included in the maintenance fees, adding everyday value and convenience. Step out onto your large private balcony and take in picturesque views of the West Humber Recreational Trail and Humber Valley Golf Course 6 a rare blend of city living and natural beauty. The spacious primary suite features a walk-in closet and an updated ensuite bath, while the two additional bedrooms provide generous space for family, guests, or a home office. Well-maintained building with excellent amenities including an outdoor pool, gym, and sauna. Ideally located close to transit, major highways, shopping, dining, entertainment, and great schools. A fantastic opportunity to own a bright, nature-facing condo in a convenient location. Don't miss it!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W12812986
Bedrooms
3
Bathrooms
2 (1 half)
Size
1000-1199
Cross streets
Albion & Weston
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$957/mo
Exposure
South East
Property tax
$928 / 2026
Days on market
144
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Bedroom 2Flat3.41 × 2.71 m

large window · closet · laminate

Primary BedroomFlat4.41 × 3.20 m

2 pc ensuite · walk-in closet(s) · laminate

Living RoomFlat5.13 × 4.73 m

w/o to balcony · large window · laminate

LaundryFlat2.00 × 1.00 m
KitchenFlat3.33 × 3.05 m

ceramic floor · backsplash

Bedroom 3Flat4.34 × 2.89 m

large window · closet · laminate

Dining RoomFlat3.64 × 1.60 m

laminate · open concept

Moe’s TakeTeam Asgarian · Broker
Above comparables
$434Kest. value

Listed at $464,800, this home is about 7% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $434K, a close match.

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 $380K
  • Adjusts to $380K

That comparable adjusts to $380K; the $434K estimate above is the median of all 8 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 Braeburn 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. Albion Rd at Armel Crt is about a 2-minute walk away.

List price
$380KGreat deal$465KOverpriced

Total price vs nearby homes. Fair value about $434K, median of 8 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.
  • Primary suite: a key comfort and resale feature.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Elms-Old Rexdale · asking prices
$459kavg asking

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

PH10-234 Albion Road$475k310-236 Albion Road$449k208-236 Albion Road$439k604-236 Albion Road$430k1108-238 Albion Road$500k

The 5 closest of 8 active listings nearby.

See all comparable homes
465kThis home475k449k439k430k500kThis home vs active comparables
Live market pulseActive comparables in Elms-Old Rexdale · median list $430K
$423this home / sqft
11active listings nearby
144days on market

This home lists 11% above the area average of $381/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

Elms-Old Rexdale, 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: Albion Rd at Armel Crt, about 148 m away

20+ transit stops4 grocery20+ dining20+ parks6 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.

Islington-City Centre West
$528K
Willowdale West
$770K
Mimico
$800K
Willowdale East
$441K
Annex
$1.57M

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 Braeburn Junior School
61%
Braeburn Junior SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 61% meet the provincial standard

Affordability & Mortgage

Affordability
$2,118/mo
$104KIncome needed
4.5×Price ÷ income
$489Weekly 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.

67%mortgage
Mortgage $2,118Property tax $77Condo fee $957Total carry $3,153

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)
$1,984per month

Mortgage amount $371,840 · 4.14% over 25 years

$92,960Down payment (20.0%)
$371,840Loan before insurance
$0CMHC premium
$3,019Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,984
Property tax
$77
Condo / maintenance fees
$957
Heating
$0
Estimated monthly cost
$3,019

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

One-time closing costs

Ontario land transfer tax
$5,771
Toronto municipal land transfer tax
$5,771
Estimated closing costs
$11,542

Plus your down payment of $92,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,410/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

$223,443Total interest paid
$595,283Total of all payments
Principal $371,840 Interest $223,443
YearPrincipalInterestBalance
1$8,711$15,100$363,129
2$9,075$14,736$354,054
3$9,455$14,356$344,599
4$9,850$13,961$334,748
5$10,262$13,549$324,486
6$10,692$13,120$313,794
7$11,139$12,672$302,656
8$11,605$12,207$291,051
9$12,090$11,721$278,960
10$12,596$11,215$266,365
11$13,123$10,689$253,242
12$13,672$10,140$239,570
13$14,244$9,568$225,326
14$14,839$8,972$210,487
15$15,460$8,351$195,027
16$16,107$7,705$178,920
17$16,780$7,031$162,140
18$17,482$6,329$144,657
19$18,214$5,598$126,444
20$18,975$4,836$107,468
21$19,769$4,042$87,699
22$20,596$3,215$67,103
23$21,458$2,354$45,645
24$22,355$1,456$23,290
25$23,290$521$0

At the end of your 5-year term

Total paid over the term
$119,057
Principal paid down
$47,354
Interest paid
$71,703
Balance remaining
$324,486

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
5.0%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.

8.8%
Gross yield
− Property tax $928− Condo fees $11,486− Insurance $600− Vacancy & upkeep $4,488Net operating income $23,298

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

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