508-1 Four Winds Drive, Toronto, ON

York University Heights, Toronto · MLS® W12999850

$529,900
For Sale
Listed 98 days ago
3Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Welcome to this spacious and well-maintained 3-bedroom condo at 1 Four Winds Drive #508, ideally located in the heart of York University Heights, offering approximately 1,253 sq. ft. of carpet-free living space with a functional open-concept layout, large principal rooms, and a west-facing balcony with clear city views. The bright living and dining area features hardwood flooring and a walk-out to the balcony, while the kitchen is equipped with stainless steel appliances, tile flooring, and backsplash. The primary bedroom is a standout with its walk-in closet leading to a private ensuite powder room and its own exclusive balcony access, complemented by two additional generously sized bedrooms with double closets. This well-managed building offers exceptional amenities including an indoor pool, sauna, gym, party/meeting room, visitor parking, and controlled entry, with all utilities-heat, hydro, water, and parking-included in the maintenance fees for true worry-free living. Perfect for first-time buyers, families, investors, or students, this unbeatable location is just steps to Finch West TTC Station, the new Finch West LRT, York University, and Seneca College, with nearby schools such as James Cardinal McGuigan Catholic High School and C.W. Jefferys Collegiate Institute, plus easy access to Four Winds Community Garden, Fountainhead Park, shopping centres, grocery stores, and everyday conveniences all within walking distance.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W12999850
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399
Cross streets
Keele St. & Finch Ave. W.
Parking
1 garage (underground)
Basement
None
Heating
Radiant
A/C
Window Unit(s)
Exterior
Brick, Concrete
Maintenance
$1,030/mo
Exposure
West
Property tax
$1,764 / 2026
Days on market
98
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Dining RoomFlat2.96 × 4.58 m

tile floor · open concept · raised floor

KitchenFlat2.42 × 4.49 m

tile floor · backsplash · stainless steel appl

Powder RoomFlat2.20 × 0.94 m

2 pc bath · tile floor · b/i vanity

BathroomFlat2.47 × 1.51 m

4 pc bath · tile floor · b/i vanity

Bedroom 3Flat2.62 × 4.19 m

hardwood floor · double closet · window

Bedroom 2Flat2.85 × 4.18 m

hardwood floor · double closet · window

Living RoomFlat5.48 × 3.51 m

hardwood floor · combined w/dining · w/o to balcony

LaundryFlat2.06 × 1.75 m

tile floor · separate room

Primary BedroomFlat3.42 × 5.85 m

hardwood floor · walk-in closet(s) · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
In line
$536Kest. value

Listed at $529,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

In York University Heights lately, sellers have been getting about 99% of asking and homes sell in about 54 days. Prices are down 12% versus a year ago.

Based on 67 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 67 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $579K, 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, sold for $530K
  • Adjusts to $530K

That comparable adjusts to $530K; the $536K estimate above is the median of all 67 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.

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

List price
$484KGreat deal$603KOverpriced

Total price vs nearby homes. Fair value about $536K, median of 67 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
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Comparable listingsCurrently listed nearby in York University Heights · asking prices
$593kavg asking

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

1103-19 Four Winds Drive$515k204-19 Four Winds Drive$499k710-9 Four Winds Drive$600kLPH08-1100 Sheppard Avenue$760k

The 4 closest active listings nearby.

See all comparable homes
530kThis home515k499k600k760kThis home vs active comparables
Live market pulseActive comparables in York University Heights · median list $499K
$408this home / sqft
18active listings nearby
98days on market
23sold nearby · 90 days
$470Kmedian sold price
99%of asking, on average
12%vs a year ago

This home lists 16% below the area average of $486/sqft.

97 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

York University Heights, 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.

Willowdale East
$606K
Henry Farm
$599K
Bay Street Corridor
$471K
Church-Yonge Corridor
$561K
Etobicoke West Mall
$565K

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 Derrydown Public School
34%
Derrydown Public SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 34% meet the provincial standard

Affordability & Mortgage

Affordability
$2,415/mo
$119KIncome needed
4.4×Price ÷ income
$557Weekly 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 $2,415Property tax $147Condo fee $1,030Total carry $3,592

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,262per month

Mortgage amount $423,920 · 4.14% over 25 years

$105,980Down payment (20.0%)
$423,920Loan before insurance
$0CMHC premium
$3,439Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,262
Property tax
$147
Condo / maintenance fees
$1,030
Heating
$0
Estimated monthly cost
$3,439

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

One-time closing costs

Ontario land transfer tax
$7,073
Toronto municipal land transfer tax
$7,073
Estimated closing costs
$14,146

Plus your down payment of $105,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,748/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

$254,738Total interest paid
$678,658Total of all payments
Principal $423,920 Interest $254,738
YearPrincipalInterestBalance
1$9,931$17,215$413,989
2$10,346$16,800$403,643
3$10,779$16,367$392,863
4$11,230$15,916$381,633
5$11,700$15,447$369,934
6$12,189$14,957$357,745
7$12,699$14,447$345,046
8$13,230$13,916$331,815
9$13,784$13,363$318,032
10$14,360$12,786$303,672
11$14,961$12,186$288,711
12$15,587$11,560$273,124
13$16,239$10,908$256,886
14$16,918$10,229$239,968
15$17,625$9,521$222,343
16$18,363$8,784$203,980
17$19,131$8,016$184,849
18$19,931$7,215$164,918
19$20,765$6,382$144,154
20$21,633$5,513$122,520
21$22,538$4,608$99,982
22$23,481$3,666$76,501
23$24,463$2,683$52,038
24$25,486$1,660$26,552
25$26,552$594$0

At the end of your 5-year term

Total paid over the term
$135,732
Principal paid down
$53,986
Interest paid
$81,745
Balance remaining
$369,934

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$4,100/mo
$49,200Gross annual rent
5.5%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.

9.3%
Gross yield
− Property tax $1,764− Condo fees $12,363− Insurance $600− Vacancy & upkeep $5,412Net operating income $29,061

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

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