1019-700 Humberwood Boulevard, Toronto, ON

Rexdale-Kipling, Toronto · MLS® W13467348

$549,900
For Sale
Listed 33 days ago
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2Bedrooms
1Bathrooms
1Parking
700-799Sq Ft

About this home

Welcome to the Mansions of Humberwood, a luxury Tridel-built condominium.Welcome to the Mansions of Humberwood. A luxury Tridel-built condominium.Breathtaking views of the Humber River and Humberwood Park. Great location close to Humber College, major highways, Woodbine Mall, schools, parks, and Toronto Pearson Airport.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13467348
Bedrooms
2
Bathrooms
1
Size
700-799
Cross streets
Humberwood Blvd/Rexdale
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$540/mo
Exposure
South East
Property tax
$1,938 / 2025
Days on market
33
Listing brokerage
CENTURY 21 PEOPLE`S CHOICE REALTY INC.

Rooms

Living RoomMain3.57 × 3.58 m

open concept · laminate

Primary BedroomMain3.10 × 3.51 m

laminate · closet

Bedroom 2Main3.58 × 2.70 m

laminate · closet

Dining RoomMain1.36 × 3.58 m

Combined w/Living

KitchenMain2.39 × 3.03 m

ceramic floor · b/i dishwasher

Moe’s TakeTeam Asgarian · Broker
Above comparables
$459Kest. value

Listed at $549,900, this home is about 20% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($734/sqft) is below the area, so you are paying for extra space rather than a premium.

In Rexdale-Kipling lately, sellers have been getting about 100% of asking and homes sell in about 46 days. Prices are down 25% versus a year ago.

There were not many closely comparable homes right in Rexdale-Kipling, so I widened the search to the surrounding area.

Based on 33 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 33 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $487K, 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, sold for $488K
  • Adjusts to $488K

That comparable adjusts to $488K; the $459K estimate above is the median of all 33 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

List price
$418KGreat deal$550KOverpriced

Total price vs nearby homes. Fair value about $459K, median of 33 comparables.

Comparable listingsCurrently listed nearby · asking prices
$567kavg asking

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

906-155 Beecroft Road$598k408-22 Leader Lane$565k513-109 Front Street$575k1512-85 Wood Street$600k1501-111 Elizabeth Street$495k

The 5 closest of 8 active listings nearby.

See all comparable homes
550kThis home598k565k575k600k495kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $540K
$734this home / sqft
96active listings nearby
33days on market
10sold nearby · 90 days
$393Kmedian sold price
100%of asking, on average
25%vs a year ago

This home lists 13% below the area average of $841/sqft.

32 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

Rexdale-Kipling, Toronto, ON

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Etobicoke West Mall
$565K
Islington-City Centre West
$599K
Mimico
$598K
Willowdale East
$606K
Niagara
$590K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,506/mo
$114KIncome needed
4.8×Price ÷ income
$578Weekly 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.

78%mortgage
Mortgage $2,506Property tax $162Condo fee $540Total carry $3,208

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,348per month

Mortgage amount $439,920 · 4.14% over 25 years

$109,980Down payment (20.0%)
$439,920Loan before insurance
$0CMHC premium
$3,049Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,348
Property tax
$162
Condo / maintenance fees
$540
Heating
$0
Estimated monthly cost
$3,049

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

One-time closing costs

Ontario land transfer tax
$7,473
Toronto municipal land transfer tax
$7,473
Estimated closing costs
$14,946

Plus your down payment of $109,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,851/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

$264,353Total interest paid
$704,273Total of all payments
Principal $439,920 Interest $264,353
YearPrincipalInterestBalance
1$10,306$17,865$429,614
2$10,737$17,434$418,877
3$11,186$16,985$407,691
4$11,654$16,517$396,037
5$12,141$16,030$383,896
6$12,649$15,522$371,247
7$13,178$14,993$358,069
8$13,730$14,441$344,339
9$14,304$13,867$330,035
10$14,902$13,269$315,133
11$15,525$12,645$299,608
12$16,175$11,996$283,433
13$16,851$11,319$266,581
14$17,556$10,615$249,025
15$18,291$9,880$230,734
16$19,056$9,115$211,679
17$19,853$8,318$191,826
18$20,683$7,488$171,143
19$21,548$6,623$149,594
20$22,450$5,721$127,145
21$23,389$4,782$103,756
22$24,367$3,804$79,389
23$25,386$2,785$54,003
24$26,448$1,723$27,554
25$27,554$616$0

At the end of your 5-year term

Total paid over the term
$140,855
Principal paid down
$56,024
Interest paid
$84,831
Balance remaining
$383,896

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$2,400/mo
$28,800Gross annual rent
3.0%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.

5.2%
Gross yield
− Property tax $1,938− Condo fees $6,482− Insurance $600− Vacancy & upkeep $3,168Net operating income $16,612

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PEOPLE`S CHOICE REALTY INC.. MLS®/PropTx.

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