508-15 Windermere Avenue, Toronto, ON
High Park-Swansea, Toronto · MLS® W13427210
About this home
Nestled within a prestigious enclave of exclusive townhomes and condominiums, this residence is ideally situated just steps from the waterfront. Embrace the beauty of the season and a serene yet connected lifestyle, with High Park, Lake Ontario, Humber Bay, and Grenadier Pond at your doorstep. Enjoy effortless access to the charming cafes and restaurants of Bloor West Village and Mimico, as well as the downtown core and Billy Bishop Airport just minutes away. This owner-occupied, meticulously maintained lakeside 1+den suite offers one of the largest layouts of its kind in the building, thoughtfully designed with 9 foot ceilings and an exceptional, functional flow. The versatile den can serve as a second bedroom or a home office, complete with access to a separate 3-piece bathroom. Expansive floor-to-ceiling windows and a Juliette balcony invite abundant natural light, complementing the modern kitchen with elegant granite countertops. The primary bedroom is equipped with Magnetite soundproof windows, offering enhanced comfort. Just steps to the waterfront and High Park trails, this home delivers the perfect balance of nature and city living. Residents enjoy an array of resort-inspired amenities, including an indoor pool, fully equipped fitness centre, screen-golf simulator, party room, guest suites, 24-hour concierge, and ample visitor parking. All-inclusive, carefree maintenance fees cover heat, hydro, and water, offering a truly elevated and effortless lifestyle.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13427210
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 2
- Size
- 800-899
- Cross streets
- Queensway & Windermere
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $942/mo
- Exposure
- South East
- Property tax
- $2,783 / 2025
- Days on market
- 44
- Listing brokerage
- HOMELIFE/VISION REALTY INC.
Rooms
laminate · open concept
hardwood floor · 4 pc ensuite · walk-in closet(s)
laminate · stainless steel appl · breakfast bar
laminate · combined w/living · open concept
laminate · window floor to ceiling · juliette balcony
Listed at $529,000, and my independent estimate is about 12% below comparable homes, worth a close look.
In High Park-Swansea lately, sellers get about 96% of asking; homes sell in ~36 days.
Total price vs nearby homes. Fair value about $599K, median of 9 comparables.
How this estimate is builtthe short version
I take the 9 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $603K, a close match.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
On schools, this address is zoned for Humberside Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
Based on 9 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 21% below the area average of $792/sqft.
43 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
High Park-Swansea, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.
Mortgage amount $423,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,258
- Property tax
- $232
- Condo / maintenance fees
- $942
- Heating
- $0
- Estimated monthly cost
- $3,432
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,055
- Toronto municipal land transfer tax
- $7,055
- Estimated closing costs
- $14,110
Plus your down payment of $105,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $135,501
- Principal paid down
- $53,895
- Interest paid
- $81,607
- Balance remaining
- $369,305
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/VISION REALTY INC.. MLS®/PropTx.