225-1 Old Mill Drive, Toronto, ON

High Park-Swansea, Toronto · MLS® W13461950

$1,249,000
For Sale
Listed 29 days ago
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2Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Welcome to Suite 225 at 1 Old Mill Drive, a rare offering in one of Toronto's most prestigious west end residences - Bloor West Village. Perfectly positioned on the quiet northwest corner of the building, this suite enjoys a peaceful, private setting, well removed from the activity of Bloor Street and not overlooked by neighbouring units. With nearly 1,250 square feet of beautifully proportioned living space, this two-bedroom, two-bathroom residence offers a layout that is both functional and exceptionally inviting. Unlike many condominium layouts, the suite's square footprint creates a true sense of openness and flow. Expansive wraparound windows along two sides flood the home with natural light throughout the day, while a private tree-top balcony offers the perfect setting for morning coffee or evening aperitifs. The open-concept kitchen, living, and dining areas are designed for both everyday living and effortless entertaining. A modern kitchen features sleek flat-panel cabinetry, stainless steel appliances, and a well-designed centre island with seating, seamlessly connecting to the spacious principal rooms. The primary bedroom is a standout, with corner windows on two sides, a walk-in closet, and a beautifully appointed five piece ensuite. The second bedroom offers flexibility as a guest room, office, or den, complemented by a well-designed four-piece bathroom. Additional conveniences include in-suite laundry, a locker located on the same floor, and one underground parking space. A unique advantage of this suite is direct second-floor access to the street, offering added ease without the need to pass through the main lobby. Developed by Tridel, The Residences of One Old Mill is a boutique 13 storey building known for its quality craftsmanship exceptional amenities, including concierge, gym, indoor pool, sauna, yoga studio, party and dining rooms, theatre, guest suites and a rooftop terrace with BBQs, herb garden and outdoor seating.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13461950
Bedrooms
2
Bathrooms
2
Size
1200-1399
Cross streets
Bloor St W / South Kingsway
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,137/mo
Exposure
North West
Property tax
$6,199 / 2025
Days on market
29
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Primary BedroomMain5.11 × 3.58 m

hardwood floor · walk-in closet(s) · 5 pc ensuite

Bedroom 2Main3.23 × 3.00 m

hardwood floor · double closet · picture window

Dining RoomMain3.35 × 2.16 m

hardwood floor · open concept · combined w/living

KitchenMain4.90 × 3.81 m

hardwood floor · centre island · stainless steel appl

Living RoomMain3.33 × 5.21 m

hardwood floor · open concept · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Bloor St West at South Kingsway is about a 1-minute walk away.

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.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in High Park-Swansea · asking prices
$835kavg asking

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

403-1 Ripley Avenue$995k1108-1910 Lake Shore Boulevard$965k620-20 Southport Street$699k402-65 Southport Street$599k1902-105 The Queens Way$915k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.25MThis home995k965k699k599k915kThis home vs active comparables
Live market pulseActive comparables in High Park-Swansea · median list $799K
$961this home / sqft
21active listings nearby
29days on market

This home lists 27% above the area average of $758/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

High Park-Swansea, 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

69/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Bloor St West at South Kingsway, about 63 m away

20+ transit stops1 grocery20+ dining20+ parks12 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.

Mimico
$800K
Waterfront Communities C1
$694K
Annex
$1.39M
Church-Yonge Corridor
$574K
Waterfront Communities C8
$998K

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 Swansea Junior and Senior Public School
78%
Swansea Junior and Senior Public SchoolPublic · Elementary · 0.9 km awayAbove the GTA average · 78% meet the provincial standard

Affordability & Mortgage

Affordability
$5,693/mo
$258KIncome needed
4.8×Price ÷ income
$1,314Weekly 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.

77%mortgage
Mortgage $5,693Property tax $517Condo fee $1,137Total carry $7,346

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)
$5,332per month

Mortgage amount $999,200 · 4.14% over 25 years

$249,800Down payment (20.0%)
$999,200Loan before insurance
$0CMHC premium
$6,986Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,332
Property tax
$517
Condo / maintenance fees
$1,137
Heating
$0
Estimated monthly cost
$6,986

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

One-time closing costs

Ontario land transfer tax
$21,455
Toronto municipal land transfer tax
$21,455
Estimated closing costs
$42,910

Plus your down payment of $249,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,476/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

$600,431Total interest paid
$1,599,631Total of all payments
Principal $999,200 Interest $600,431
YearPrincipalInterestBalance
1$23,408$40,577$975,792
2$24,387$39,598$951,405
3$25,407$38,578$925,998
4$26,470$37,515$899,529
5$27,577$36,408$871,952
6$28,730$35,255$843,221
7$29,932$34,053$813,289
8$31,184$32,801$782,105
9$32,489$31,497$749,616
10$33,848$30,138$715,769
11$35,263$28,722$680,505
12$36,738$27,247$643,767
13$38,275$25,710$605,492
14$39,876$24,109$565,616
15$41,544$22,441$524,072
16$43,282$20,704$480,790
17$45,092$18,893$435,698
18$46,978$17,007$388,720
19$48,943$15,042$339,777
20$50,990$12,995$288,786
21$53,123$10,862$235,663
22$55,345$8,640$180,318
23$57,660$6,325$122,657
24$60,072$3,913$62,585
25$62,585$1,400$0

At the end of your 5-year term

Total paid over the term
$319,926
Principal paid down
$127,248
Interest paid
$192,678
Balance remaining
$871,952

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$4,100/mo
$49,200Gross annual rent
1.9%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.

3.9%
Gross yield
− Property tax $6,199− Condo fees $13,648− Insurance $600− Vacancy & upkeep $5,412Net operating income $23,341

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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