609-383 Sorauren Avenue, Toronto, ON

Roncesvalles, Toronto · MLS® W13088034

$584,900
For Sale
Listed 73 days ago
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1Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

This one bedroom unit is located in the highly sought after Roncesvalles neighbourhood. Featuring a functional layout with exposed 9' concrete ceilings and spacious balcony with clear north-facing view and consistent light. Bonus in-unit storage locker rarely found in 1-bed layouts makes it an exceptional value. Wonderful boutique building with great amenities. Just a short walk to art galleries, shops, services, TTC/GO station and uber-cool bistros! Perfect for the live, work and play lifestyle! Come to the Open House this Sat after checking out High Park Cherry Blossoms!!!

Key facts

Property type
Condo Apartment, Loft
MLS®
W13088034
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Dundas & Roncesvalles
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$481/mo
Exposure
North
Property tax
$2,737 / 2025
Days on market
73
Listing brokerage
RE/MAX HALLMARK REALTY LTD.
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$709Kest. value

Listed at $584,900, this home is tracking about 18% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $660K, 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 $650K
  • Bedrooms −$30K
  • Adjusts to $620K

That comparable adjusts to $620K; the $709K estimate above is the median of all 13 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.

Its public catchment (Howard Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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

List price
$585KGreat deal$801KOverpriced

Total price vs nearby homes. Fair value about $709K, median of 13 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby in Roncesvalles · asking prices
$777kavg asking

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

405-2154 Dundas Street$600k410-437 Roncesvalles Avenue$750k405-363 Sorauren Avenue$980k

The 3 closest active listings nearby.

See all comparable homes
585kThis home600k750k980kThis home vs active comparables
Live market pulseActive comparables in Roncesvalles · median list $779K
$901this home / sqft
13active listings nearby
73days on market

This home lists 19% below the area average of $1,110/sqft.

72 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

Roncesvalles, 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

83/ 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: Dundas St West at Sorauren Ave, about 103 m away

20+ transit stops12 grocery20+ dining20+ parks20+ 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.

Mimico
$800K
Waterfront Communities C1
$688K
Annex
$1.39M
Church-Yonge Corridor
$574K
Waterfront Communities C8
$998K

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 Howard Junior Public School
76%
Howard Junior Public SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$2,666/mo
$121KIncome needed
4.8×Price ÷ income
$615Weekly 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.

79%mortgage
Mortgage $2,666Property tax $228Condo fee $481Total carry $3,375

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)
$2,497per month

Mortgage amount $467,920 · 4.14% over 25 years

$116,980Down payment (20.0%)
$467,920Loan before insurance
$0CMHC premium
$3,206Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,497
Property tax
$228
Condo / maintenance fees
$481
Heating
$0
Estimated monthly cost
$3,206

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

One-time closing costs

Ontario land transfer tax
$8,173
Toronto municipal land transfer tax
$8,173
Estimated closing costs
$16,346

Plus your down payment of $116,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,033/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

$281,178Total interest paid
$749,098Total of all payments
Principal $467,920 Interest $281,178
YearPrincipalInterestBalance
1$10,962$19,002$456,958
2$11,420$18,544$445,538
3$11,898$18,066$433,640
4$12,396$17,568$421,244
5$12,914$17,050$408,330
6$13,454$16,510$394,876
7$14,017$15,947$380,859
8$14,603$15,361$366,256
9$15,214$14,750$351,041
10$15,851$14,113$335,191
11$16,514$13,450$318,677
12$17,204$12,760$301,473
13$17,924$12,040$283,549
14$18,674$11,290$264,875
15$19,455$10,509$245,420
16$20,269$9,695$225,152
17$21,116$8,848$204,035
18$22,000$7,964$182,036
19$22,920$7,044$159,116
20$23,879$6,085$135,237
21$24,877$5,087$110,360
22$25,918$4,046$84,442
23$27,002$2,962$57,440
24$28,132$1,832$29,308
25$29,308$656$0

At the end of your 5-year term

Total paid over the term
$149,820
Principal paid down
$59,590
Interest paid
$90,230
Balance remaining
$408,330

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.

4.2%
Gross yield
− Property tax $2,737− Condo fees $5,771− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,786

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

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