204-16 McAdam Avenue, Toronto, ON

Yorkdale-Glen Park, Toronto · MLS® W12849208

$619,900
For Sale
Listed 135 days ago
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3Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Welcome To 16 McAdam Ave - A Spacious 2 Bedroom + Den, 2 Full Bathroom Condo In One Of Toronto's Most Convenient Locations! This Bright, Open-Concept Suite Features Two Large Bedrooms With Oversized Closets, A Versatile Den That Can Be Used As A Dining Area Or Home Office, And Two Full Bathrooms Including A Private Ensuite In The Primary Bedroom. Enjoy The Convenience Of Ensuite Laundry, An Open Balcony, And Modern Finishes Throughout. The Kitchen Is Equipped With Quartz Countertops, Built-In Stainless Steel Microwave & Dishwasher, Stainless Steel Stove, Fridge, And Stylish Light Fixtures. Additional Features Include A Programmable Thermostat, Year-Round Heating & Cooling, And A Stacked Washer & Dryer. One Parking Spot And One Locker Are Included For Added Value. Located Just Steps From Yorkdale Mall, TTC, GO Transit, Hwy 401, Costco, Shopping, Restaurants, And More - This Condo Offers Incredible Access To Everything You Need. Ideal For First-Time Buyers, Downsizers, Or Investors Looking For A Turnkey Unit In A Prime Location. Don't Miss Out On This Opportunity! !

Key facts

Property type
Condo Apartment, Apartment
MLS®
W12849208
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
900-999
Cross streets
DUFFERIN ST & HWY 401
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$992/mo
Exposure
West
Property tax
$3,559 / 2025
Days on market
135
Listing brokerage
RE/MAX EPIC REALTY

Rooms

Living RoomMain4.87 × 3.07 m

porcelain floor · w/o to balcony

DenMain2.95 × 1.78 m

Open Concept

KitchenMain3.05 × 3.05 m

stainless steel appl · breakfast bar

Dining RoomMain4.87 × 3.07 m

Combined w/Living

Primary BedroomMain3.76 × 2.84 m

4 pc ensuite · large closet · window floor to ceiling

Bedroom 2Main3.35 × 2.90 m

double closet · sliding doors

Moe’s TakeTeam Asgarian · Broker
In line
$674Kest. value

Listed at $619,900, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.10M, higher than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $790K
  • Adjusts to $790K

That comparable adjusts to $790K; the $674K estimate above is the median of all 5 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 John Polanyi Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Dufferin St at Ranee Ave North Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$511KGreat deal$790KOverpriced

Total price vs nearby homes. Fair value about $674K, median of 5 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.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in Yorkdale-Glen Park · asking prices
$693kavg asking

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

917-830 Lawrence Avenue$790k408-16 Mcadam Avenue$780k1208-200 Lotherton Pathway$425k908-940 Caledonia Road$369k911-556 Marlee Avenue$1.10M

The 5 closest active listings nearby.

See all comparable homes
620kThis home790k780k425k369k1.10MThis home vs active comparables
Live market pulseActive comparables in Yorkdale-Glen Park · median list $499K
$653this home / sqft
23active listings nearby
135days on market

This home lists 2% below the area average of $663/sqft.

134 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Yorkdale-Glen 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.

Getting around

77/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Dufferin St at Ranee Ave North Side, about 67 m away

20+ transit stops2 grocery20+ dining18 parks17 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.

Willowdale East
$466K
Willowdale West
$770K
Westminster-Branson
$500K
Annex
$929K
Bayview Village
$681K

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 John Polanyi Collegiate Institute
54%
John Polanyi Collegiate InstitutePublic · Secondary · 1.5 km awayBelow the GTA average · 54% meet the provincial standard
Baycrest Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,825/mo
$139KIncome needed
4.4×Price ÷ income
$652Weekly 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.

69%mortgage
Mortgage $2,825Property tax $297Condo fee $992Total carry $4,114

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,646per month

Mortgage amount $495,920 · 4.14% over 25 years

$123,980Down payment (20.0%)
$495,920Loan before insurance
$0CMHC premium
$3,935Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,646
Property tax
$297
Condo / maintenance fees
$992
Heating
$0
Estimated monthly cost
$3,935

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

One-time closing costs

Ontario land transfer tax
$8,873
Toronto municipal land transfer tax
$8,873
Estimated closing costs
$17,746

Plus your down payment of $123,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,214/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

$298,004Total interest paid
$793,924Total of all payments
Principal $495,920 Interest $298,004
YearPrincipalInterestBalance
1$11,618$20,139$484,302
2$12,104$19,653$472,199
3$12,610$19,147$459,589
4$13,137$18,620$446,451
5$13,687$18,070$432,764
6$14,259$17,498$418,505
7$14,856$16,901$403,649
8$15,477$16,280$388,172
9$16,125$15,632$372,047
10$16,799$14,958$355,248
11$17,502$14,255$337,746
12$18,234$13,523$319,513
13$18,997$12,760$300,516
14$19,791$11,966$280,725
15$20,619$11,138$260,106
16$21,481$10,276$238,625
17$22,380$9,377$216,245
18$23,316$8,441$192,928
19$24,291$7,466$168,637
20$25,307$6,450$143,330
21$26,366$5,391$116,964
22$27,469$4,288$89,495
23$28,618$3,139$60,877
24$29,815$1,942$31,062
25$31,062$695$0

At the end of your 5-year term

Total paid over the term
$158,785
Principal paid down
$63,156
Interest paid
$95,629
Balance remaining
$432,764

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
2.7%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.

5.9%
Gross yield
− Property tax $3,559− Condo fees $11,901− Insurance $600− Vacancy & upkeep $4,026Net operating income $16,514

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

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