104-38 Joe Shuster Way, Toronto, ON

South Parkdale, Toronto · MLS® W13147606

$449,000
For Sale
Listed 60 days ago
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1Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Think You Can't Afford Downtown Living? Think Again! * Downtown Toronto City Living Under $450,000 With A Parking Spot And Locker? Yes, You Read That Right! * This Spacious 1-Bedroom Sits At The Intersection Of King Wests Chic Nightlife, Queen Wests Eclectic Style, And Liberty Village's Warm, Community Vibe * Inside, The Airy, Open-Concept Layout Features A Sleek Modern Kitchen With Granite Countertops, Stainless Steel Appliances, Under-Cabinet Lighting, And A Dining/Living Space Designed For Effortless Entertaining- Or Skip The Cooking With Hundreds Of Foodie Hotspots Just Steps Away * The Sun-Filled Primary Bedroom Boasts A Full Wall Of Closet Space And A Large Window Overlooking Your Private Terrace, Big Enough For A Full Patio Set + Dining Chairs * Bonus: As A Main-Floor Corner Unit With Only One Neighbour, You'll Enjoy Unmatched Privacy, No Long Elevator Waits, And Zero Stairs To Climb * The Bridge Condos Offer City Living With A Neighbourhood Feel * Walk To Large Parks, Trendy Cafés, And BMO Field, Or Hop On Transit For Quick Access Anywhere In The City * This Well-Managed Building (Under 15 Years Old) Makes The Perfect Backdrop For Your Morning Coffee, Evening Wine, And Everything In Between * At 585 Sq Ft, This Lovingly Maintained Home Blends Style, Comfort, And Unbeatable Value- Especially Under $450K!! It Won't Be A Buyers Market Forever * Get In Now And Start Building Your Equity Here For Your Future!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13147606
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
King St W/Joe Shuster Way
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$561/mo
Exposure
North
Property tax
$2,232 / 2025
Days on market
60
Listing brokerage
ROYAL HERITAGE REALTY LTD.

Rooms

Dining RoomMain6.70 × 3.58 m

combined w/living · laminate · open concept

BedroomMain2.85 × 3.24 m

w/w closet · laminate · large window

Living RoomMain6.70 × 3.58 m

combined w/dining · laminate · w/o to terrace

KitchenMain6.70 × 3.58 m

open concept · laminate · stainless steel appl

Moe’s TakeTeam Asgarian · Broker
Below comparables
$495Kest. value

Listed at $449,000, this home is about 9% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 15 similar homes nearby, adjusted for size, beds, and baths.Median of 15 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $443K, 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, listed at $490K
  • Adjusts to $490K

That comparable adjusts to $490K; the $495K estimate above is the median of all 15 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 (Alexander Muir/Gladstone Ave Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$449KGreat deal$561KOverpriced

Total price vs nearby homes. Fair value about $495K, median of 15 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.
  • Elevator: rare and valuable for accessibility and resale.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in South Parkdale · asking prices
$449kavg asking

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

#202-20 Joe Shuster Way$458k525-285 Dufferin Street$490k1318-38 Joe Shuster Way$399k

The 3 closest active listings nearby.

See all comparable homes
449kThis home458k490k399kThis home vs active comparables
Live market pulseActive comparables in South Parkdale · median list $613K
$817this home / sqft
18active listings nearby
60days on market

This home lists 17% below the area average of $988/sqft.

59 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

South Parkdale, 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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.

Waterfront Communities C1
$794K
Church-Yonge Corridor
$676K
Annex
$929K
Mimico
$840K
Willowdale East
$466K

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 Alexander Muir/Gladstone Ave Junior and Senior Public School
73%
Alexander Muir/Gladstone Ave Junior and Senior Public SchoolPublic · Elementary · 0.7 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$2,046/mo
$98KIncome needed
4.6×Price ÷ income
$472Weekly 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 $2,046Property tax $186Condo fee $561Total carry $2,794

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,917per month

Mortgage amount $359,200 · 4.14% over 25 years

$89,800Down payment (20.0%)
$359,200Loan before insurance
$0CMHC premium
$2,664Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,917
Property tax
$186
Condo / maintenance fees
$561
Heating
$0
Estimated monthly cost
$2,664

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

One-time closing costs

Ontario land transfer tax
$5,455
Toronto municipal land transfer tax
$5,455
Estimated closing costs
$10,910

Plus your down payment of $89,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,328/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

$215,847Total interest paid
$575,047Total of all payments
Principal $359,200 Interest $215,847
YearPrincipalInterestBalance
1$8,415$14,587$350,785
2$8,767$14,235$342,018
3$9,133$13,868$332,885
4$9,516$13,486$323,369
5$9,914$13,088$313,456
6$10,328$12,674$303,128
7$10,760$12,242$292,367
8$11,210$11,792$281,157
9$11,679$11,323$269,478
10$12,168$10,834$257,310
11$12,677$10,325$244,633
12$13,207$9,795$231,426
13$13,759$9,242$217,667
14$14,335$8,667$203,332
15$14,935$8,067$188,397
16$15,559$7,443$172,838
17$16,210$6,792$156,628
18$16,888$6,114$139,740
19$17,594$5,407$122,146
20$18,330$4,671$103,815
21$19,097$3,905$84,718
22$19,896$3,106$64,822
23$20,728$2,274$44,094
24$21,595$1,407$22,499
25$22,499$503$0

At the end of your 5-year term

Total paid over the term
$115,009
Principal paid down
$45,744
Interest paid
$69,265
Balance remaining
$313,456

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$1,700/mo
$20,400Gross annual rent
1.9%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.

4.5%
Gross yield
− Property tax $2,232− Condo fees $6,736− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,588

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

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