2205-15 Windermere Avenue, Toronto, ON
High Park-Swansea, Toronto · MLS® W12950880
About this home
Welcome to Windermere by the Lake - where the pace slows down, but the lifestyle doesn't. Set in one of Toronto's most coveted waterfront pockets, this 2-bed + den, 2-bath suite strikes the right balance between city edge and lakeside calm. The layout just works. Open, functional, and wrapped in a 180-degree wall of windows that floods the space with natural light and frames unobstructed views of heavily forested High Park, Grenadier Pond and sparkling Toronto skyline- this suite boasts a true feast for the eyes. Morning coffee, evening wine - your balcony becomes your front-row seat to surreal views. The kitchen is clean and modern, with granite counters, a spacious breakfast bar, stainless steel appliances, and enough storage to keep everything in its place. The primary bedroom feels like a reset - floor-to-ceiling windows, a generous closet, and a 4-pc ensuite. The second bedroom is bright and well-sized, and the den is the flex space you actually need - office, reading nook, or both. This exceptional unit includes a parking spot, a storage locker and the all-inclusive maintenance fees. The building delivers 24-hour concierge, indoor pool, sauna, golf simulator, billiards, & much more! Step outside and you're in it - lakefront trails, High Park, Grenadier Pond, Bloor West Village, and the 501 streetcar right at your doorstep. Don't miss out on great value!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W12950880
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 1000-1199
- Cross streets
- Windermere & Queensway
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,223/mo
- Exposure
- South East
- Property tax
- $3,692 / 2025
- Days on market
- 110
- Listing brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Rooms
open concept · hardwood floor · w/o to balcony
open concept · hardwood floor
granite counters · stainless steel appl · centre island
closet · hardwood floor
closet · hardwood floor · large window
mirrored closet · 4 pc ensuite · overlook water
open concept · hardwood floor · w/o to balcony
Listed at $799,900, this home is about 16% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
In High Park-Swansea lately, sellers have been getting about 97% of asking and homes sell in about 34 days.
Based on 93 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 93 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $773K, a bit lower.
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, sold for $1.14M
- Bedrooms +$30K
- Adjusts to $1.17M
That comparable adjusts to $1.17M; the $949K estimate above is the median of all 93 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
On schools, this address is zoned for Humberside Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Windermere Avenue is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $949K, median of 93 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
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 6% below the area average of $778/sqft.
109 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
High Park-Swansea, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Windermere Avenue, about 58 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 21, 2026); conventional rates run a little higher.
Mortgage amount $639,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,415
- Property tax
- $308
- Condo / maintenance fees
- $1,223
- Heating
- $0
- Estimated monthly cost
- $4,946
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,473
- Toronto municipal land transfer tax
- $12,473
- Estimated closing costs
- $24,946
Plus your down payment of $159,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $204,891
- Principal paid down
- $81,494
- Interest paid
- $123,397
- Balance remaining
- $558,426
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY. MLS®/PropTx.