310-236 Albion Road, Toronto, ON

Elms-Old Rexdale, Toronto · MLS® W13445118

$449,000
For Sale
Listed 122 days agoNo offer date statedSitting longer than typical
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3Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Discover exceptional value and breathtaking views in this spacious 3-bedroom residence, ideally situated near Weston Road and Highway 401.
  • Offering an impressive blend of comfort, convenience, and natural beauty, this bright and inviting home features a thoughtfully designed open-concept living and...

Discover exceptional value and breathtaking views in this spacious 3-bedroom residence, ideally situated near Weston Road and Highway 401. Offering an impressive blend of comfort, convenience, and natural beauty, this bright and inviting home features a thoughtfully designed open-concept living and dining area-perfect for both everyday living and effortless entertaining. Expansive windows bathe the interior in natural light while showcasing stunning panoramic views overlooking the picturesque Humber Valley Golf Course, creating a serene backdrop year-round. Generously sized bedrooms provide comfort and ample storage, while the functional kitchen offers plenty of space and potential to personalize to your taste. Residents enjoy unparalleled access to major highways, public transit, shopping, schools, parks, and scenic walking trails, making this an ideal location for families, professionals, and downsizers alike. Experience the perfect balance of urban accessibility and tranquil green surroundings in a community you'll be proud to call home. A rare opportunity to enjoy spacious living with spectacular views-don't miss your chance to make it yours.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13445118
Bedrooms
3
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Albion Rd / Weston Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$977/mo
Exposure
South East
Property tax
$920 / 2025
Days on market
122
Listing brokerage
ROYAL LEPAGE PREMIUM ONE REALTY

Rooms

Dining RoomFlat6.55 × 3.65 m

laminate · combined w/living · w/o to balcony

Bedroom 2Flat3.10 × 2.74 m

laminate · window · closet

KitchenFlat3.01 × 3.16 m

ceramic floor · stainless steel appl

Primary BedroomFlat4.16 × 3.13 m

laminate · window · 2 pc ensuite

Bedroom 3Flat4.13 × 2.80 m

laminate · window · closet

Living RoomFlat6.55 × 3.65 m

laminate · combined w/dining · window

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$371Kautomated estimate, from recent sales

Listed at $449,000, about 21% above our estimate of $371K (homes like it typically land between $345K and $390K).

Why $371K. The typical condo sold in Elms-Old Rexdale over the past year went for about $382K (23 sales). On tax assessment, size, rooms and lot, this one is close to that typical home.

Longer on the market than typical. 122 days on the market, and asking 21% above where comparable closings put it.

List price
$345KBelow our range$449KAbove our range

Total price vs nearby homes. Fair value about $371K, learned from recent GTA sales.

The market behind the math:

4sold nearby · 90 days
122days on market so far
$2,939/moest. rent · 9 leases
7.9%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 12 months of inventory: 16 condo apartment homes for sale in the area against 4 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $408/sqft against an area asking average of $371/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 15 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $394K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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

Based on 15 homes sold in this building over the past two years, from 42 closings in Elms-Old Rexdale.

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,798 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K879

Neighbourhood & location

Elms-Old Rexdale, 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.

Islington-City Centre West
$451K
High Park-Swansea
$399K
Mimico
$649K
Niagara
$645K
Bay Street Corridor
$686K

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 Braeburn Junior School
61%
Braeburn Junior SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 61% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Elmlea Junior School · Public elementary0.8 km · 46% at standard
St Simon Catholic School · Catholic elementary0.8 km · 67% at standard
St Basil-the-Great College School · Catholic secondary1.2 km · 58% at standard
Caring and Safe School 1 · Public secondary1.7 km
Gulfstream Public School · Public elementary1.9 km · 77% at standard
St John Vianney Catholic School · Catholic elementary2.0 km · 68% at standard
St Jude Catholic School · Catholic elementary2.1 km · 56% at standard
Monsignor Percy Johnson Catholic High School · Catholic secondary2.1 km · 65% at standard
Rivercrest Junior School · Public elementary2.1 km · 59% at standard
St Andre Catholic School · Catholic elementary2.2 km · 66% at standard
St Benedict Catholic School · Catholic elementary2.2 km · 79% at standard
Dante Alighieri Academy · Catholic secondary2.3 km · 55% at standard

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

Affordability & Mortgage

Affordability
$2,046/mo
$102KIncome needed
4.4×Price ÷ income
$472Weekly cost
$10,910Land 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.

66%mortgage
Mortgage $2,046Property tax $77Condo fee $977Total carry $3,100

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,986per month

Mortgage amount $359,200 · 4.49% over 25 years

$89,800Down payment (20.0%)
$359,200Loan before insurance
$0CMHC premium
$3,040Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,986
Property tax
$77
Condo / maintenance fees
$977
Heating
$0
Estimated monthly cost
$3,040

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

One-time closing costs

Ontario land transfer tax
$5,455
Toronto municipal land transfer tax
$5,455
Estimated closing costs
$10,910

Plus your down payment of $89,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,404/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

$236,624Total interest paid
$595,824Total of all payments
Principal $359,200 Interest $236,624
YearPrincipalInterestBalance
1$8,016$15,817$351,184
2$8,380$15,453$342,804
3$8,760$15,073$334,044
4$9,158$14,675$324,886
5$9,574$14,259$315,312
6$10,008$13,824$305,304
7$10,463$13,370$294,841
8$10,938$12,895$283,903
9$11,435$12,398$272,468
10$11,954$11,879$260,515
11$12,497$11,336$248,018
12$13,064$10,769$234,954
13$13,657$10,176$221,297
14$14,277$9,556$207,020
15$14,925$8,908$192,095
16$15,603$8,230$176,492
17$16,312$7,521$160,180
18$17,052$6,781$143,128
19$17,826$6,007$125,302
20$18,636$5,197$106,666
21$19,482$4,351$87,184
22$20,366$3,467$66,817
23$21,291$2,542$45,526
24$22,258$1,575$23,268
25$23,268$564$0

At the end of your 5-year term

Total paid over the term
$119,165
Principal paid down
$43,888
Interest paid
$75,277
Balance remaining
$315,312

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
From 9 whole-home leases in Elms-Old Rexdale$2,939/mo
$35,268Gross annual rent
4.0%Cap rate after taxes and upkeep
$2,704 to $3,174Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 9 whole-home leases in Elms-Old Rexdale signed at a median of $2,749 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,939. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

7.9%
Gross yield
− Property tax $920− Condo fees $11,728− Insurance $600− Vacancy & upkeep $3,879Net operating income $18,140

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

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