438-22 Southport Street, Toronto, ON
High Park-Swansea, Toronto · MLS® W13228242
About this home
Bright south-facing suite in the highly desirable South Kingsway Village. This well-designed 2-bedroom + den, 2-bathroom condo offers approximately 1,117 sq. ft. of functional living space with a sought-after split-bedroom layout for added privacy. The updated kitchen opens seamlessly into the generous living and dining area, making it ideal for both everyday living and entertaining.The spacious primary bedroom features a walk-in closet, a private ensuite, and direct access to the den-perfect for a home office or reading nook. Updates include new refrigerator (2025) and fresh paint throughout the unit (2026). Residents enjoy access to an impressive range of amenities, including an indoor pool, squash court, fitness centre, sauna, party room, and outdoor barbecue area, along with 24-hour gatehouse security and ample visitor parking. Ideally located just minutes from transit, Bloor West Village, High Park, Lake Ontario, and scenic waterfront trails, with convenient access to schools, major highways, airports, and downtown Toronto.**Maintenance fees include all utilities for added convenience**
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13228242
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 1000-1199
- Cross streets
- Queensway/Windermere
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,229/mo
- Exposure
- South
- Property tax
- $2,692 / 2025
- Days on market
- 47
- Listing brokerage
- HOUSESIGMA INC.
Rooms
Listed at $809,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $596K, lower 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 $885K
- Adjusts to $885K
That comparable adjusts to $885K; the $800K estimate above is the median of all 5 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.
On schools, this address is zoned for Humberside Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
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.
Total price vs nearby homes. Fair value about $800K, median of 5 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Primary suite: a key comfort and resale feature.
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 5% below the area average of $776/sqft.
45 days longer than the Toronto average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
High Park-Swansea, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 20, 2026); conventional rates run a little higher.
Mortgage amount $647,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,454
- Property tax
- $224
- Condo / maintenance fees
- $1,229
- Heating
- $0
- Estimated monthly cost
- $4,907
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,655
- Toronto municipal land transfer tax
- $12,655
- Estimated closing costs
- $25,310
Plus your down payment of $161,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $207,222
- Principal paid down
- $82,421
- Interest paid
- $124,801
- Balance remaining
- $564,779
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOUSESIGMA INC.. MLS®/PropTx.