402-65 Southport Street, Toronto, ON
High Park-Swansea, Toronto · MLS® W13232216
About this home
Once in a Lifetime Opportunity to own the Ultimate West-Facing 2-bedroom & 2-bathroom apartment just steps away from Lake Ontario! Welcome to a meticulously maintained condo offering a prime western orientation and an oversized balcony. The family-sized kitchen is a chef's dream, while the oversized balcony offers a "backyard in the sky" feel with views that never get old. The primary bedroom offers a generous layout, oversized walk-in closet and a private ensuite bathroom. Large second bedroom has plenty of storage and a functional layout. Enjoy a newly renovated lobby and five-star amenities including an indoor pool, sauna and a modern gym. Perfectly situated near Bloor West Village, High Park, great schools, parks, transit, and Lake Ontario, this is a premier opportunity to own in one of the area's most sought-after buildings. Whether you're walking along Lake Ontario or enjoying the vibrant local dining scene, this is more than a home - it's a lifestyle upgrade! Schedule your private showing to see the best sunsets in the building.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13232216
- Bedrooms
- 2
- Bathrooms
- 2 (1 half)
- Size
- 1000-1199
- Cross streets
- The Queensway & South Kingsway
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Water
- A/C
- None
- Exterior
- Concrete
- Maintenance
- $924/mo
- Exposure
- West
- Property tax
- $2,692 / 2025
- Days on market
- 46
- Listing brokerage
- FORESTWOOD REAL ESTATE INC.
Rooms
large window · large closet
open concept · west view
Open Concept
family size kitchen · breakfast area · ceramic floor
open concept · west view
Open Concept
large window · walk-in closet(s) · 2 pc ensuite
Listed at $599,000, this home is about 26% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
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 $678K, 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 $965K
- Adjusts to $965K
That comparable adjusts to $965K; the $810K 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.
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 $810K, median of 11 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Value driver
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 30% below the area average of $784/sqft.
44 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 $479,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,557
- Property tax
- $224
- Condo / maintenance fees
- $924
- Heating
- $0
- Estimated monthly cost
- $3,706
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,455
- Toronto municipal land transfer tax
- $8,455
- Estimated closing costs
- $16,910
Plus your down payment of $119,800. 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
- $153,431
- Principal paid down
- $61,026
- Interest paid
- $92,405
- Balance remaining
- $418,174
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 FORESTWOOD REAL ESTATE INC.. MLS®/PropTx.