33-22 Applewood Lane, Toronto, ON

Etobicoke West Mall, Toronto · MLS® W13303270

$897,000
For Sale
Listed 42 days ago
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4Bedrooms
3Bathrooms
1Garage
1400-1599Sq Ft

About this home

Gorgeous Rarely Offered Large 4 Bedroom 3 Bath Luxurious Condo Townhome. Features 1590 Sqft Of Living Space, 400 Sqft Basement, Balcony On 2nd Floor & Rooftop Terrance Perfect For Entertaining Or Creating You Own Oasis. Open Concept Living Space With Upgraded Kitchen, Quartz Counter Top & Ss Appliances. Prime Location - Quick Access To Major Hwy's 427/401/Qew. Fantastic Amenities Including Restaurants, Shops, Transit, Schools & Parks. This Unit Won't Last!!!

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
W13303270
Bedrooms
4
Bathrooms
3 (1 half)
Size
1400-1599
Cross streets
Hwy 27 & Burnhamthorpe Road
Parking
1 garage (underground)
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$481/mo
Exposure
North
Property tax
$4,238 / 2026
Days on market
42
Listing brokerage
SAM MCDADI REAL ESTATE INC.

Rooms

KitchenMain3.95 × 2.82 m

quartz counter · ceramic floor · combined w/living

Dining RoomMain2.31 × 2.21 m

hardwood floor · open concept · large window

Bedroom 4Third2.83 × 3.83 m

broadloom · closet · window

OtherBasement6.00 × 6.69 m

concrete floor · window · open concept

Living RoomMain3.61 × 3.55 m

hardwood floor · open concept · combined w/kitchen

BedroomSecond3.01 × 3.84 m

broadloom · b/i closet · w/o to balcony

Bedroom 3Third3.01 × 2.31 m

broadloom · closet · window

Bedroom 2Second2.83 × 3.05 m

broadloom · closet · window

Moe’s TakeTeam Asgarian · Broker
In line
$811Kest. value

Listed at $897,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Etobicoke West Mall, so I widened the search to the surrounding area.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $932K, 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, listed at $799K
  • Adjusts to $799K

That comparable adjusts to $799K; the $811K estimate above is the median of all 7 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 Silverthorn Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. The West Mall at Holiday Dr is about a 2-minute walk away.

List price
$799KGreat deal$900KOverpriced

Total price vs nearby homes. Fair value about $811K, median of 7 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.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$773kavg asking

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

32-220 Manitoba Street$900k1520-28 Sommerset Way$799kTh69-315 Village Green Square$740k80 Song Meadoway$699k25 Hedge End Road$729k

The 5 closest of 7 active listings nearby.

See all comparable homes
897kThis home900k799k740k699k729kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $700K
$598this home / sqft
66active listings nearby
42days on market

This home lists 7% above the area average of $559/sqft.

38 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Etobicoke West Mall, 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

69/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: The West Mall at Holiday Dr, about 170 m away

20+ transit stops2 grocery20+ dining15 parks6 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.

Islington-City Centre West
$849K
New Toronto
$780K
Humbermede
$509K
Niagara
$559K
Willowdale East
$799K

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 Broadacres Junior School
55%
Broadacres Junior SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 55% meet the provincial standard
Seneca SchoolEQAO results not published

Affordability & Mortgage

Affordability
$4,088/mo
$179KIncome needed
5.0×Price ÷ income
$943Weekly 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.

83%mortgage
Mortgage $4,088Property tax $353Condo fee $481Total carry $4,922

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)
$3,829per month

Mortgage amount $717,600 · 4.14% over 25 years

$179,400Down payment (20.0%)
$717,600Loan before insurance
$0CMHC premium
$4,664Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,829
Property tax
$353
Condo / maintenance fees
$481
Heating
$0
Estimated monthly cost
$4,664

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

One-time closing costs

Ontario land transfer tax
$14,415
Toronto municipal land transfer tax
$14,415
Estimated closing costs
$28,830

Plus your down payment of $179,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,651/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

$431,214Total interest paid
$1,148,814Total of all payments
Principal $717,600 Interest $431,214
YearPrincipalInterestBalance
1$16,811$29,142$700,789
2$17,514$28,438$683,275
3$18,247$27,706$665,028
4$19,010$26,943$646,019
5$19,805$26,148$626,213
6$20,633$25,319$605,580
7$21,497$24,456$584,084
8$22,396$23,557$561,688
9$23,332$22,620$538,355
10$24,308$21,644$514,047
11$25,325$20,627$488,722
12$26,385$19,568$462,337
13$27,488$18,464$434,849
14$28,638$17,315$406,211
15$29,836$16,117$376,375
16$31,084$14,869$345,291
17$32,384$13,569$312,907
18$33,739$12,214$279,169
19$35,150$10,803$244,019
20$36,620$9,332$207,399
21$38,152$7,801$169,247
22$39,748$6,205$129,500
23$41,410$4,542$88,089
24$43,142$2,810$44,947
25$44,947$1,006$0

At the end of your 5-year term

Total paid over the term
$229,763
Principal paid down
$91,387
Interest paid
$138,376
Balance remaining
$626,213

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$4,750/mo
$57,000Gross annual rent
4.5%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.

6.4%
Gross yield
− Property tax $4,238− Condo fees $5,769− Insurance $600− Vacancy & upkeep $6,270Net operating income $40,123

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

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