223-380 Hopewell Avenue, Toronto, ON

Briar Hill-Belgravia, Toronto · MLS® W13130396

$649,000
For Sale
Listed 64 days ago
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Discover urban living at its finest in this beautifully designed 3-storey townhome nestled in one of Toronto's most vibrant and connected neighbourhoods. Featuring 2 bedrooms and 2 bathrooms, this home delivers the perfect blend of space, style, and functionality for modern living. Step inside to find a spacious, bright (plants love this place), and thoughtfully laid-out interior that flows effortlessly across three levels. Every floor offers purpose and comfort, culminating in the crown jewel - a private rooftop terrace perfect for summer evenings, weekend barbecues, or simply unwinding under the open sky. The home also includes parking and a locker, adding everyday convenience that city dwellers truly appreciate. What truly sets this property apart is its exceptional location. Transit is a breeze with Cedarvale Station just minutes away, while the Mount Dennis GO/UP and LRT stations connect you seamlessly to the broader GTA. Families will love the proximity to great schools and daily errands are effortless with shops, restaurants and grocers all nearby. City lovers can explore the charming Wychwood Barns or venture along the scenic Beltline Trail, great for cycling and leisurely walks (which is right outside the front door!). This neighbourhood strikes a rare balance between peaceful residential living and easy access to urban amenities. Whether you're a young professional or a growing family this townhouse checks every box.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
W13130396
Bedrooms
2
Bathrooms
2 (1 half)
Size
1000-1199
Cross streets
Dufferin and Eglinton
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$759/mo
Exposure
North
Property tax
$3,808 / 2025
Days on market
64
Listing brokerage
SKYBOUND REALTY
Moe’s TakeTeam Asgarian · Broker
In line
$680Kest. value

Listed at $649,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Briar Hill-Belgravia, so I widened the search to the surrounding area.

Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $831K, higher than the comparables and worth a second look.

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 $890K
  • Bedrooms −$30K
  • Adjusts to $860K

That comparable adjusts to $860K; the $680K estimate above is the median of all 11 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 (J R Wilcox Community 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. Roselawn Ave at Times Rd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$611KGreat deal$726KOverpriced

Total price vs nearby homes. Fair value about $680K, median of 11 comparables.

Comparable listingsCurrently listed nearby · asking prices
$669kavg asking

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

1-66 Longbranch Avenue$680k3-1321 Gerrard Street$700k203-31 Olive Avenue$700kC316-60 Morecambe Gate$598k

The 4 closest active listings nearby.

See all comparable homes
649kThis home680k700k700k598kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $650K
$590this home / sqft
77active listings nearby
64days on market

This home lists 5% below the area average of $618/sqft.

60 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Briar Hill-Belgravia, 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

86/ 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: Roselawn Ave at Times Rd, about 180 m away

20+ transit stops10 grocery20+ dining20+ parks19 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
$799K
Niagara
$559K
Islington-City Centre West
$849K
New Toronto
$780K
Humbermede
$509K

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 J R Wilcox Community School
72%
J R Wilcox Community SchoolPublic · Elementary · 0.9 km awayAround the GTA average · 72% meet the provincial standard
West Preparatory Junior Public SchoolEQAO results not published
Frank Oke Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,958/mo
$141KIncome needed
4.6×Price ÷ income
$683Weekly 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.

73%mortgage
Mortgage $2,958Property tax $317Condo fee $759Total carry $4,035

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)
$2,771per month

Mortgage amount $519,200 · 4.14% over 25 years

$129,800Down payment (20.0%)
$519,200Loan before insurance
$0CMHC premium
$3,847Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,771
Property tax
$317
Condo / maintenance fees
$759
Heating
$0
Estimated monthly cost
$3,847

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

One-time closing costs

Ontario land transfer tax
$9,455
Toronto municipal land transfer tax
$9,455
Estimated closing costs
$18,910

Plus your down payment of $129,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,365/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

$311,993Total interest paid
$831,193Total of all payments
Principal $519,200 Interest $311,993
YearPrincipalInterestBalance
1$12,163$21,085$507,037
2$12,672$20,576$494,365
3$13,202$20,046$481,163
4$13,754$19,494$467,409
5$14,329$18,918$453,080
6$14,929$18,319$438,151
7$15,553$17,695$422,598
8$16,204$17,044$406,394
9$16,882$16,366$389,512
10$17,588$15,660$371,925
11$18,323$14,924$353,601
12$19,090$14,158$334,512
13$19,888$13,359$314,623
14$20,720$12,528$293,903
15$21,587$11,661$272,316
16$22,490$10,758$249,826
17$23,431$9,817$226,396
18$24,411$8,837$201,985
19$25,432$7,816$176,553
20$26,495$6,752$150,058
21$27,604$5,644$122,454
22$28,758$4,489$93,696
23$29,961$3,286$63,735
24$31,214$2,033$32,520
25$32,520$728$0

At the end of your 5-year term

Total paid over the term
$166,239
Principal paid down
$66,120
Interest paid
$100,118
Balance remaining
$453,080

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$3,400/mo
$40,800Gross annual rent
3.5%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.

6.3%
Gross yield
− Property tax $3,808− Condo fees $9,112− Insurance $600− Vacancy & upkeep $4,488Net operating income $22,792

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

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