302-16 McAdam Avenue, Toronto, ON

Yorkdale-Glen Park, Toronto · MLS® W13086722

$429,000
For Sale
Listed 73 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Ideally located near Dufferin St & Hwy 401, this bright and well-designed 663 sq ft condo offers exceptional convenience in the heart of North York. Featuring a functional open-concept layout with a private open balcony, this unit includes a spacious den that can easily serve as a second bedroom, along with a modern kitchen complete with stainless steel appliances and granite countertops. Just steps to Yorkdale Shopping Centre with world-class shopping, dining and entertainment, and minutes to Yorkdale Station as well as the Yorkdale Bus Terminal, providing seamless access to TT subway and GO Bus routes across the GTA. Commuters will appreciate quick connections to Highway 401 and Allen Road, while nearby green space such as Downsview Park offers trails, recreation, and outdoor enjoyment. Surrounded by everyday amenities, transit, and major retail, this location is ideal for first-time buyers, professionals, or investors seeking a highly connected community.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13086722
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Dufferin Street & Highway 401
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$748/mo
Exposure
East
Property tax
$2,745 / 2025
Days on market
73
Listing brokerage
YOUR HOME SOLD GUARANTEED REALTY INTERCITY PLUS INC.

Rooms

DenFlat2.74 × 2.84 m

laminate · open concept

Living RoomFlat6.99 × 3.15 m

laminate · combined w/kitchen · open concept

KitchenFlat6.99 × 3.15 m

laminate · combined w/living · stainless steel appl

Primary BedroomFlat3.61 × 2.77 m

laminate · w/o to balcony · double closet

Moe’s TakeTeam Asgarian · Broker
In line
$447Kest. value

Listed at $429,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $526K, a bit higher.

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 $549K
  • Bathrooms −$15K
  • Adjusts to $534K

That comparable adjusts to $534K; the $447K estimate above is the median of all 12 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
$379KGreat deal$525KOverpriced

Total price vs nearby homes. Fair value about $447K, median of 12 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
$430kavg asking

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

306-16 McAdam Avenue$400k611-940 Caledonia Road$379k308-830 Lawrence Avenue$500k612-100 Lotherton Pathway$339k334-830 Lawrence Avenue$530k

The 5 closest of 8 active listings nearby.

See all comparable homes
429kThis home400k379k500k339k530kThis home vs active comparables
Live market pulseActive comparables in Yorkdale-Glen Park · median list $499K
$661this home / sqft
33active listings nearby
73days on market

This home lists 11% below the area average of $746/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

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 West
$770K
Willowdale East
$441K
Annex
$1.57M
Church-Yonge Corridor
$577K
Banbury-Don Mills
$500K

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
$1,955/mo
$100KIncome needed
4.3×Price ÷ income
$451Weekly 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 $1,955Property tax $229Condo fee $748Total carry $2,932

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)
$1,831per month

Mortgage amount $343,200 · 4.14% over 25 years

$85,800Down payment (20.0%)
$343,200Loan before insurance
$0CMHC premium
$2,808Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,831
Property tax
$229
Condo / maintenance fees
$748
Heating
$0
Estimated monthly cost
$2,808

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

One-time closing costs

Ontario land transfer tax
$5,055
Toronto municipal land transfer tax
$5,055
Estimated closing costs
$10,110

Plus your down payment of $85,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,224/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

$206,233Total interest paid
$549,433Total of all payments
Principal $343,200 Interest $206,233
YearPrincipalInterestBalance
1$8,040$13,937$335,160
2$8,376$13,601$326,784
3$8,727$13,251$318,057
4$9,092$12,886$308,965
5$9,472$12,505$299,493
6$9,868$12,109$289,625
7$10,281$11,696$279,344
8$10,711$11,266$268,633
9$11,159$10,818$257,474
10$11,626$10,352$245,849
11$12,112$9,865$233,736
12$12,619$9,359$221,118
13$13,147$8,831$207,971
14$13,696$8,281$194,275
15$14,269$7,708$180,006
16$14,866$7,111$165,139
17$15,488$6,489$149,651
18$16,136$5,841$133,516
19$16,811$5,167$116,705
20$17,514$4,463$99,191
21$18,247$3,731$80,944
22$19,010$2,968$61,935
23$19,805$2,172$42,130
24$20,633$1,344$21,496
25$21,496$481$0

At the end of your 5-year term

Total paid over the term
$109,887
Principal paid down
$43,707
Interest paid
$66,180
Balance remaining
$299,493

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$2,050/mo
$24,600Gross annual rent
2.2%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.

5.7%
Gross yield
− Property tax $2,745− Condo fees $8,979− Insurance $600− Vacancy & upkeep $2,706Net operating income $9,570

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of YOUR HOME SOLD GUARANTEED REALTY INTERCITY PLUS INC.. MLS®/PropTx.

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