624-15 James Finlay Way, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W13150962

$445,000
For Sale
Listed 63 days ago
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1Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Welcome to Suite 624 at 15 James Finlay Way, a beautifully maintained and thoughtfully designed condo offering comfort, convenience, and exceptional value in a prime Toronto location. This bright and spacious unit features a functional open-concept layout that maximizes both flow and everyday living, making it ideal for first-time buyers, downsizers, or savvy investors alike. The modern kitchen offers ample cabinetry and counter space, seamlessly overlooking the combined living and dining areas, perfect for entertaining or relaxing at home. Large windows fill the suite with natural light, creating a warm and inviting atmosphere throughout. The well-proportioned bedroom offers generous closet space, while the private terrace provides the perfect spot to enjoy your morning coffee or unwind after a long day. Complete with a convenient ensuite laundry and one parking space for added ease. Residents enjoy access to a variety of amenities, including a fitness centre, party room, and 24-hour concierge service. Ideally located just minutes to Yorkdale Mall, TTC transit, major highways, parks, shops, restaurants, and more. Whether you're looking for a place to call home or a fantastic investment opportunity, this condo delivers on location, lifestyle, and value. Don't miss your chance to own in this sought-after community!

Key facts

Property type
Condo Apartment, Multi-Level
MLS®
W13150962
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Keele St and Wilson Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$597/mo
Exposure
North
Property tax
$2,436 / 2025
Days on market
63
Listing brokerage
RE/MAX NOBLECORP REAL ESTATE

Rooms

KitchenMain2.75 × 2.59 m

open concept · granite counters · stainless steel appl

Living RoomMain5.18 × 2.89 m

open concept · combined w/dining · w/o to terrace

Primary BedroomMain5.18 × 3.05 m

window floor to ceiling · laminate · closet

Dining RoomMain5.18 × 2.89 m

open concept · combined w/living

LaundryMain0.00 × 0.00 m
Moe’s TakeTeam Asgarian · Broker
Above comparables
$408Kest. value

Listed at $445,000, this home is about 9% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($810/sqft) is in line with the area, so you are paying for extra space rather than a premium.

In Downsview-Roding-CFB lately, sellers have been getting about 99% of asking and homes sell in about 37 days.

There were not many closely comparable homes right in Downsview-Roding-CFB, so I widened the search to the surrounding area.

Based on 4 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 4 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $455K, 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, sold for $395K
  • Adjusts to $395K

That comparable adjusts to $395K; the $408K estimate above is the median of all 4 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 Pierre Laporte 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
$395KGreat deal$445KOverpriced

Total price vs nearby homes. Fair value about $408K, median of 4 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Downsview-Roding-CFB · asking prices
$414kavg asking

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

1117-15 James Finlay Way$449k112-60 George Butchart Drive$439k438-3100 Keele Street$405k922-15 James Finlay Way$400k635-3100 Keele Street$375k

The 5 closest of 8 active listings nearby.

See all comparable homes
445kThis home449k439k405k400k375kThis home vs active comparables
Live market pulseActive comparables in Downsview-Roding-CFB · median list $489K
$810this home / sqft
37active listings nearby
63days on market
72sold nearby · 90 days
$479Kmedian sold price
99%of asking, on average

This home lists 1% above the area average of $802/sqft.

62 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

Downsview-Roding-CFB, 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
$540K
Bayview Village
$549K
Bay Street Corridor
$506K
Banbury-Don Mills
$649K
Church-Yonge Corridor
$559K

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 Downsview Public School
70%
Downsview Public SchoolPublic · Elementary · 0.6 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$2,028/mo
$99KIncome needed
4.5×Price ÷ income
$468Weekly 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.

72%mortgage
Mortgage $2,028Property tax $203Condo fee $597Total carry $2,828

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)
$1,900per month

Mortgage amount $356,000 · 4.14% over 25 years

$89,000Down payment (20.0%)
$356,000Loan before insurance
$0CMHC premium
$2,700Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,900
Property tax
$203
Condo / maintenance fees
$597
Heating
$0
Estimated monthly cost
$2,700

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

One-time closing costs

Ontario land transfer tax
$5,375
Toronto municipal land transfer tax
$5,375
Estimated closing costs
$10,750

Plus your down payment of $89,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,307/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

$213,924Total interest paid
$569,924Total of all payments
Principal $356,000 Interest $213,924
YearPrincipalInterestBalance
1$8,340$14,457$347,660
2$8,689$14,108$338,971
3$9,052$13,745$329,919
4$9,431$13,366$320,489
5$9,825$12,972$310,663
6$10,236$12,561$300,427
7$10,664$12,133$289,763
8$11,110$11,687$278,652
9$11,575$11,222$267,077
10$12,059$10,738$255,018
11$12,564$10,233$242,454
12$13,089$9,708$229,365
13$13,637$9,160$215,728
14$14,207$8,590$201,521
15$14,801$7,995$186,719
16$15,421$7,376$171,298
17$16,066$6,731$155,233
18$16,738$6,059$138,495
19$17,438$5,359$121,057
20$18,167$4,630$102,890
21$18,927$3,870$83,963
22$19,719$3,078$64,244
23$20,544$2,253$43,701
24$21,403$1,394$22,298
25$22,298$499$0

At the end of your 5-year term

Total paid over the term
$113,985
Principal paid down
$45,337
Interest paid
$68,648
Balance remaining
$310,663

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
1.8%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.

4.6%
Gross yield
− Property tax $2,436− Condo fees $7,163− Insurance $600− Vacancy & upkeep $2,244Net operating income $7,957

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

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