1600 Finch Avenue, Toronto, ON

York University Heights, Toronto · MLS® W13172054

$359,999
For Sale
Listed 53 days ago
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About this home

Well-located lot with excellent frontage on Finch Avenue West. This unique parcel offers approximately 120 feet of frontage by 60 feet of depth and presently includes an advertising billboard on the property. Purchasers are advised to conduct their own due diligence with the City of Toronto to confirm zoning, permitted uses, development potential, and the suitability of the property for their intended use.

Key facts

Property type
Other, Other
MLS®
W13172054
Lot
120 × 60 ft
Cross streets
West of Finch and Sentinel
Property tax
$760 / 2025
Days on market
53
Listing brokerage
HIGH POINT REALTY LIMITED
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is Elia Middle School. 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. Finch Ave West at Sentinel Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Comparable listingsCurrently listed nearby in York University Heights · asking prices
$408kavg asking

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

1001-31 Four Winds Drive$375k703-80 Grandravine Drive$379k813-9 Four Winds Drive$425k635-1100 Sheppard Avenue$430k835-1100 Sheppard Avenue$430k

The 5 closest of 8 active listings nearby.

See all comparable homes
360kThis home375k379k425k430k430kThis home vs active comparables
Live market pulseActive comparables in York University Heights · median list $700K
81active listings nearby
53days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

York University Heights, 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

75/ 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: Finch Ave West at Sentinel Rd, about 13 m away

20+ transit stops5 grocery20+ dining17 parks12 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
$489K
Don Valley Village
$745K
High Park-Swansea
$2.30M
Annex
$929K

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 Derrydown Public School
34%
Derrydown Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 34% meet the provincial standard

Affordability & Mortgage

Affordability
$1,641/mo
$68KIncome needed
5.3×Price ÷ income
$379Weekly 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.

96%mortgage
Mortgage $1,641Property tax $63Total carry $1,704

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)
$1,537per month

Mortgage amount $287,999 · 4.14% over 25 years

$72,000Down payment (20.0%)
$287,999Loan before insurance
$0CMHC premium
$1,600Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,537
Property tax
$63
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$1,600

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

One-time closing costs

Ontario land transfer tax
$3,875
Toronto municipal land transfer tax
$3,875
Estimated closing costs
$7,750

Plus your down payment of $72,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,867/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

$173,062Total interest paid
$461,061Total of all payments
Principal $287,999 Interest $173,062
YearPrincipalInterestBalance
1$6,747$11,696$281,252
2$7,029$11,413$274,223
3$7,323$11,119$266,900
4$7,629$10,813$259,271
5$7,948$10,494$251,322
6$8,281$10,161$243,041
7$8,627$9,815$234,414
8$8,988$9,454$225,426
9$9,364$9,078$216,062
10$9,756$8,687$206,306
11$10,164$8,279$196,142
12$10,589$7,853$185,553
13$11,032$7,410$174,521
14$11,493$6,949$163,027
15$11,974$6,468$151,053
16$12,475$5,967$138,578
17$12,997$5,446$125,581
18$13,541$4,902$112,041
19$14,107$4,336$97,934
20$14,697$3,745$83,237
21$15,312$3,131$67,925
22$15,952$2,490$51,973
23$16,619$1,823$35,353
24$17,315$1,128$18,039
25$18,039$404$0

At the end of your 5-year term

Total paid over the term
$92,212
Principal paid down
$36,677
Interest paid
$55,535
Balance remaining
$251,322

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$2,650/mo
$31,800Gross annual rent
7.3%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.

8.8%
Gross yield
− Property tax $760− Insurance $1,400− Vacancy & upkeep $3,498Net operating income $26,142

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

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