502-1600 Keele Street, Toronto, ON

Keelesdale-Eglinton West, Toronto · MLS® W13419712

$445,000
For Sale
Listed 132 days agoNo offer date statedSitting longer than typical
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2Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to Unit 502 at Solara Condominiums.
  • This bright and spacious 720 sq. ft. two-bedroom suite offers the perfectblend of comfort and convenience, complete with parking, a locker, and a private balcony.
  • Featuring a functional open-concept layout, large windows that fill the space with natural light, and fresh paintthroughout, this move-in-ready home is ideal for...
  • Residents enjoy excellent building amenities, including a beaulifully landscaped garden, fitness centre, meeting rooms,and 24-hour security.

Welcome to Unit 502 at Solara Condominiums. This bright and spacious 720 sq. ft. two-bedroom suite offers the perfectblend of comfort and convenience, complete with parking, a locker, and a private balcony.Featuring a functional open-concept layout, large windows that fill the space with natural light, and fresh paintthroughout, this move-in-ready home is ideal for first-time buyers, downsizers, or investors.Residents enjoy excellent building amenities, including a beaulifully landscaped garden, fitness centre, meeting rooms,and 24-hour security. Located in an unbeatable transit-friendly neighbourhood, you're just steps from grocery stores,restaurants, banks, and multiple transit options, including TTC, GO Transit, and the Eglinton LRT. Enjoy urbanconvenience with everything you need right at your doorstep.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13419712
Bedrooms
2
Bathrooms
1
Size
700-799 sq ft
Cross streets
Keele St/ Rogers Road
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Concrete
Maintenance
$705/mo
Exposure
North
Property tax
$1,765 / 2025
Days on market
132
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Bedroom 2Main3.36 × 1.96 m
FoyerMain2.17 × 1.09 m
Primary BedroomMain4.38 × 2.50 m
KitchenMain3.24 × 3.00 m
Dining RoomMain2.45 × 2.90 m
BathroomMain1.55 × 2.50 m
Living RoomMain4.00 × 4.30 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Silverthorn Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

Keelesdale-Eglinton West, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Dovercourt-Wallace Emerson-Junction
$640K
Niagara
$724K
Kensington-Chinatown
$585K
Waterfront Communities C1
$610K
North St. James Town
$765K

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 General Mercer Junior Public School
54%
General Mercer Junior Public SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 54% meet the provincial standard
Frank Oke Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
York Memorial Collegiate Institute · Public secondary0.3 km · 50% at standard
Santa Maria Catholic School · Catholic elementary0.5 km · 35% at standard
Keelesdale Junior Public School · Public elementary0.7 km · 46% at standard
St Oscar Romero Catholic Secondary School · Catholic secondary0.8 km · 61% at standard
Harwood Public School · Public elementary0.8 km · 55% at standard
St Nicholas of Bari Catholic School · Catholic elementary0.9 km · 59% at standard
F H Miller Junior Public School · Public elementary1.1 km · 78% at standard
Dennis Avenue Community School · Public elementary1.3 km · 57% at standard
Charles E Webster Public School · Public elementary1.3 km · 47% at standard
Our Lady of Victory Catholic School · Catholic elementary1.4 km · 62% at standard
Carleton Village Junior and Senior Public School · Public elementary1.4 km · 42% at standard
St Paul VI Catholic School · Catholic elementary1.4 km · 76% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,028/mo
$99KIncome needed
4.5×Price ÷ income
$468Weekly cost
$10,750Land transfer tax, one-time (Ontario + Toronto)
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.

70%mortgage
Mortgage $2,028Property tax $147Condo fee $705Total carry $2,880

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,968per month

Mortgage amount $356,000 · 4.49% over 25 years

$89,000Down payment (20.0%)
$356,000Loan before insurance
$0CMHC premium
$2,820Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,968
Property tax
$147
Condo / maintenance fees
$705
Heating
$0
Estimated monthly cost
$2,820

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

One-time closing costs

Ontario land transfer tax
$5,375
Toronto municipal land transfer tax
$5,375
Estimated closing costs
$10,750

Plus your down payment of $89,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,382/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

$234,516Total interest paid
$590,516Total of all payments
Principal $356,000 Interest $234,516
YearPrincipalInterestBalance
1$7,944$15,676$348,056
2$8,305$15,316$339,750
3$8,682$14,938$331,068
4$9,076$14,544$321,992
5$9,489$14,132$312,503
6$9,919$13,701$302,584
7$10,370$13,251$292,214
8$10,841$12,780$281,374
9$11,333$12,288$270,041
10$11,847$11,773$258,194
11$12,385$11,235$245,809
12$12,948$10,673$232,861
13$13,535$10,085$219,326
14$14,150$9,471$205,176
15$14,792$8,828$190,383
16$15,464$8,157$174,919
17$16,166$7,454$158,753
18$16,900$6,720$141,853
19$17,668$5,953$124,185
20$18,470$5,151$105,716
21$19,308$4,312$86,407
22$20,185$3,436$66,222
23$21,101$2,519$45,121
24$22,060$1,561$23,061
25$23,061$559$0

At the end of your 5-year term

Total paid over the term
$118,103
Principal paid down
$43,497
Interest paid
$74,606
Balance remaining
$312,503

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
3.3%Cap rate after taxes and upkeep

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.

6.5%
Gross yield
− Property tax $1,765− Condo fees $8,454− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,813

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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