706-15 James Findlay Way, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W13249558

$488,000
For Sale
Listed 42 days ago
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2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Wow Lowest Price for Total 775 Sq Ft 1 Bedroom + Den + Balcony + 2 Bathrooms, Great Parking & Locker Across the Hall! This Boutique ION Condo Offers Mid-Rise Living In The Heart Of North York! Modern Kitchen , 2 Modern Baths & Large 20ft Balcony with Sunset Views! Has The Best Parking Space on the 4th Floor & Enjoy The Convenience Of Your Storage Locker Being On The Same Floor, Right Across The Hall Steps from your Suite! The ION Condo is Next To Public Transit, HWY 401/400, New Hennick Humber Hospital, Steps to Downsview Park , Yorkdale is Minutes Away, Sheridan Mall Lots of Shopping & More. Building amenities on 6th Floor Include: Party Room, Theatre/Media Room, Guest Suites, Gym, Exercise Room, Garden Terrace with BBQs and Outdoor Patio Furniture, Private Dog Park at Rear of Building , Visitors Parking on the 3rd Floor and 24 hour Concierge/Security. Move in & Enjoy!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13249558
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
700-799
Cross streets
East of Keele and South of Wilson
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$676/mo
Exposure
North West
Property tax
$2,624 / 2025
Days on market
42
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

DenFlat2.44 × 2.44 m

sliding doors · glass doors · laminate

Primary BedroomFlat3.45 × 2.74 m

4 pc bath · picture window · laminate

Dining RoomFlat3.35 × 2.61 m

open concept · combined w/living · laminate

KitchenFlat2.44 × 2.44 m

breakfast bar · stainless steel appl · breakfast bar

Living RoomFlat3.35 × 2.61 m

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

OtherFlat6.10 × 1.52 m

balcony · nw view · north view

Moe’s TakeTeam Asgarian · Broker
Below comparables
$586Kest. value

Listed at $488,000, this home is about 17% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 18 similar homes nearby, adjusted for size, beds, and baths.Median of 18 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $612K, a close match.

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 $595K
  • Adjusts to $595K

That comparable adjusts to $595K; the $586K estimate above is the median of all 18 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.

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.

On location, this is a very walkable address with everyday errands close by. Wilson Ave at Keele St East Side is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$488KGreat deal$627KOverpriced

Total price vs nearby homes. Fair value about $586K, median of 18 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.

  • 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
$503kavg asking

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

710-15 James Finlay Way$500k1103-15 James Finlay Way$510k703-15 James Finlay Way$518k306-2772 Keele Street$490k1004-2772 Keele Street$498k

The 5 closest of 8 active listings nearby.

See all comparable homes
488kThis home500k510k518k490k498kThis home vs active comparables
Live market pulseActive comparables in Downsview-Roding-CFB · median list $490K
$651this home / sqft
35active listings nearby
42days on market

This home lists 10% below the area average of $721/sqft.

41 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.

Getting around

85/ 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: Wilson Ave at Keele St East Side, about 161 m away

20+ transit stops4 grocery20+ dining19 parks13 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
$441K
Annex
$1.39M
Church-Yonge Corridor
$574K
Mimico
$800K

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
$2,224/mo
$108KIncome needed
4.5×Price ÷ income
$513Weekly 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.

71%mortgage
Mortgage $2,224Property tax $219Condo fee $676Total carry $3,119

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)
$2,083per month

Mortgage amount $390,400 · 4.14% over 25 years

$97,600Down payment (20.0%)
$390,400Loan before insurance
$0CMHC premium
$2,978Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,083
Property tax
$219
Condo / maintenance fees
$676
Heating
$0
Estimated monthly cost
$2,978

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

One-time closing costs

Ontario land transfer tax
$6,235
Toronto municipal land transfer tax
$6,235
Estimated closing costs
$12,470

Plus your down payment of $97,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,530/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

$234,596Total interest paid
$624,996Total of all payments
Principal $390,400 Interest $234,596
YearPrincipalInterestBalance
1$9,146$15,854$381,254
2$9,528$15,472$371,726
3$9,927$15,073$361,799
4$10,342$14,658$351,457
5$10,775$14,225$340,682
6$11,225$13,774$329,457
7$11,695$13,305$317,762
8$12,184$12,816$305,578
9$12,694$12,306$292,885
10$13,225$11,775$279,660
11$13,778$11,222$265,882
12$14,354$10,646$251,528
13$14,955$10,045$236,573
14$15,580$9,420$220,993
15$16,232$8,768$204,762
16$16,911$8,089$187,851
17$17,618$7,382$170,233
18$18,355$6,645$151,878
19$19,123$5,877$132,755
20$19,923$5,077$112,832
21$20,756$4,244$92,077
22$21,624$3,376$70,452
23$22,529$2,471$47,924
24$23,471$1,529$24,453
25$24,453$547$0

At the end of your 5-year term

Total paid over the term
$124,999
Principal paid down
$49,718
Interest paid
$75,282
Balance remaining
$340,682

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$2,400/mo
$28,800Gross annual rent
2.9%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.

5.9%
Gross yield
− Property tax $2,624− Condo fees $8,110− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,298

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

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