306-16 McAdam Avenue, Toronto, ON

Yorkdale-Glen Park, Toronto · MLS® W13425014

$399,900
For Sale
Listed 41 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft
13 schools20+ transit stops18 parks20+ restaurantswithin 1.5 km

About this home

Welcome to 16 McAdam Ave, 1 Bedroom + Den Condo In One Of Toronto's Most Convenient Locations. Centrally located steps away from Yorkdale, Costco, TTC, GO Transit, Hwy 401/Allen Rd. Modern kitchen finishes w/stone countertop, backsplash, and track lights. Stainless steel appliances. Tons of natural light from the Floor To Ceiling Windows. Sliding doors to your Spacious corner balcony with great views. 4 - piece bath w/stone countertop and vanity with large mirror. Building amenities include visitor parking and party room. 24/7 virtual concierge service, top notch building security with floor cameras. Includes 1 Underground Parking spot and 1 storage.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13425014
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Dufferin/McAdam
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$713/mo
Exposure
West
Property tax
$2,639 / 2025
Days on market
41
Listing brokerage
EXP REALTY

Listing history

  1. Jun 22, 2026Listed$2,200

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

Moe’s TakeTeam Asgarian · Broker
In line
$454Kest. value

Listed at $399,900, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $505K, 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 $549K
  • Bathrooms −$15K
  • Adjusts to $534K

That comparable adjusts to $534K; the $454K estimate above is the median of all 12 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 John Polanyi 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, this is a very walkable address with everyday errands close by. Dufferin St at Ranee Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$379KGreat deal$525KOverpriced

Total price vs nearby homes. Fair value about $454K, median of 12 comparables.

Comparable listingsCurrently listed nearby in Yorkdale-Glen Park · asking prices
$395kavg asking

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

611-940 Caledonia Road$379k302-16 McAdam Avenue$429k612-100 Lotherton Pathway$339k308-830 Lawrence Avenue$500k506-200 Lotherton Pathway$329k

The 5 closest of 8 active listings nearby.

See all comparable homes
400kThis home379k429k339k500k329kThis home vs active comparables
Live market pulseActive comparables in Yorkdale-Glen Park · median list $499K
$616this home / sqft
34active listings nearby
41days on market

This home lists 18% below the area average of $751/sqft.

40 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

Yorkdale-Glen Park, 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

78/ 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: Dufferin St at Ranee Ave, about 71 m away

20+ transit stops5 grocery20+ dining18 parks7 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.

Mount Pleasant West
$608K
Willowdale East
$660K
Annex
$513K
Bayview Village
$647K
Bay Street Corridor
$688K

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 John Polanyi Collegiate Institute
54%
John Polanyi Collegiate InstitutePublic · Secondary · 1.5 km awayBelow the GTA average · 54% meet the provincial standard
Baycrest Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$1,823/mo
$94KIncome needed
4.3×Price ÷ income
$421Weekly 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.

66%mortgage
Mortgage $1,823Property tax $220Condo fee $713Total carry $2,755

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,707per month

Mortgage amount $319,920 · 4.14% over 25 years

$79,980Down payment (20.0%)
$319,920Loan before insurance
$0CMHC premium
$2,640Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,707
Property tax
$220
Condo / maintenance fees
$713
Heating
$0
Estimated monthly cost
$2,640

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

One-time closing costs

Ontario land transfer tax
$4,474
Toronto municipal land transfer tax
$4,474
Estimated closing costs
$8,947

Plus your down payment of $79,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,074/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

$192,244Total interest paid
$512,164Total of all payments
Principal $319,920 Interest $192,244
YearPrincipalInterestBalance
1$7,495$12,992$312,425
2$7,808$12,678$304,617
3$8,135$12,352$296,483
4$8,475$12,012$288,008
5$8,829$11,657$279,178
6$9,199$11,288$269,979
7$9,584$10,903$260,396
8$9,984$10,502$250,411
9$10,402$10,084$240,009
10$10,837$9,649$229,172
11$11,290$9,196$217,882
12$11,763$8,724$206,119
13$12,255$8,232$193,864
14$12,767$7,719$181,097
15$13,301$7,185$167,795
16$13,858$6,629$153,938
17$14,437$6,049$139,500
18$15,041$5,445$124,459
19$15,670$4,816$108,788
20$16,326$4,161$92,463
21$17,009$3,478$75,454
22$17,720$2,766$57,733
23$18,461$2,025$39,272
24$19,234$1,253$20,038
25$20,038$448$0

At the end of your 5-year term

Total paid over the term
$102,433
Principal paid down
$40,742
Interest paid
$61,691
Balance remaining
$279,178

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$2,050/mo
$24,600Gross annual rent
2.5%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.

6.2%
Gross yield
− Property tax $2,639− Condo fees $8,553− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,101

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

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