1206-10 Tobermory Drive, Toronto, ON

Black Creek, Toronto · MLS® W13423826

$499,999
For Sale
Listed 37 days ago
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3Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Location, Location, Location! Perfectly situated near Keele and Finch, this massive 3-bedroom, 2-bathroom condo is an incredible opportunity for urban living or a high-yield investment. The bright and airy layout features seamless laminate flooring throughout, a beautifully updated kitchen with ample counter space, and a large living room leading to a private outdoor balcony. The layout splits the bedrooms perfectly for maximum privacy, complete with a primary ensuite.Unmatched convenience at your doorstep: walk to the brand-new Finch West LRT Tobermory stop, local schools, and York Woods Library. Just minutes to York University, dynamic local eateries, and major grocery hubs. Building features fantastic amenities including a gym, indoor pool, and sauna. Don't miss out on this absolute gem!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13423826
Bedrooms
3
Bathrooms
2 (1 half)
Size
1000-1199
Cross streets
Keele & Finch
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$850/mo
Exposure
South West
Property tax
$990 / 2025
Days on market
37
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

KitchenFlat3.90 × 2.20 m

granite counters · backsplash · porcelain floor

Bedroom 3Flat3.20 × 2.50 m

window · closet · laminate

Bedroom 2Flat3.10 × 3.10 m

window · closet · laminate

Dining RoomFlat3.25 × 2.60 m

window · combined w/living · laminate

Primary BedroomFlat4.10 × 2.90 m

window · 2 pc ensuite · laminate

Living RoomFlat4.85 × 3.30 m

window · w/o to balcony · laminate

LaundryFlat1.20 × 2.40 m

Porcelain Floor

Listing history

  1. Jul 13, 2026Listed$3,000

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Above comparables
$451Kest. value

Listed at $499,999, this home is about 11% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $489K, 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 $470K
  • Adjusts to $470K

That comparable adjusts to $470K; the $451K estimate above is the median of all 6 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 Brookview 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$420KGreat deal$500KOverpriced

Total price vs nearby homes. Fair value about $451K, median of 6 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
Comparable listingsCurrently listed nearby in Black Creek · asking prices
$454kavg asking

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

1201-335 Driftwood Avenue$470k512-10 Tobermory Drive$565k211-335 Driftwood Avenue$420k727-4645 Jane Street$360k

The 4 closest active listings nearby.

See all comparable homes
500kThis home470k565k420k360kThis home vs active comparables
Live market pulseActive comparables in Black Creek · median list $335K
$455this home / sqft
15active listings nearby
37days on market

This home lists 17% above the area average of $388/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Black Creek, 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

0/ 100

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.

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
$1.57M
Banbury-Don Mills
$500K
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 Driftwood Public School
42%
Driftwood Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 42% meet the provincial standard

Affordability & Mortgage

Affordability
$2,279/mo
$108KIncome needed
4.6×Price ÷ income
$526Weekly 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 $2,279Property tax $83Condo fee $850Total carry $3,211

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)
$2,135per month

Mortgage amount $399,999 · 4.14% over 25 years

$100,000Down payment (20.0%)
$399,999Loan before insurance
$0CMHC premium
$3,067Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,135
Property tax
$83
Condo / maintenance fees
$850
Heating
$0
Estimated monthly cost
$3,067

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

One-time closing costs

Ontario land transfer tax
$6,475
Toronto municipal land transfer tax
$6,475
Estimated closing costs
$12,950

Plus your down payment of $100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,593/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

$240,364Total interest paid
$640,363Total of all payments
Principal $399,999 Interest $240,364
YearPrincipalInterestBalance
1$9,371$16,244$390,629
2$9,763$15,852$380,866
3$10,171$15,444$370,695
4$10,596$15,018$360,099
5$11,040$14,575$349,059
6$11,501$14,113$337,558
7$11,982$13,632$325,575
8$12,484$13,131$313,092
9$13,006$12,609$300,086
10$13,550$12,065$286,536
11$14,117$11,498$272,420
12$14,707$10,907$257,713
13$15,322$10,292$242,390
14$15,963$9,651$226,427
15$16,631$8,984$209,796
16$17,327$8,288$192,470
17$18,051$7,563$174,419
18$18,806$6,808$155,612
19$19,593$6,022$136,019
20$20,412$5,202$115,607
21$21,266$4,348$94,341
22$22,156$3,459$72,185
23$23,083$2,532$49,102
24$24,048$1,566$25,054
25$25,054$561$0

At the end of your 5-year term

Total paid over the term
$128,073
Principal paid down
$50,940
Interest paid
$77,133
Balance remaining
$349,059

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$3,400/mo
$40,800Gross annual rent
4.9%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.

8.2%
Gross yield
− Property tax $990− Condo fees $10,200− Insurance $600− Vacancy & upkeep $4,488Net operating income $24,522

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

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