313-383 Sorauren Avenue, Toronto, ON

Roncesvalles, Toronto · MLS® W13491832

$595,000
For Sale
Listed 22 days ago
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1Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Thoughtfully designed 1-bedroom + study in one of Roncesvalles' most admired boutique buildings. With 638 sqft of intelligently used space, this suite delivers the kind of functionality that's surprisingly hard to find. The open-concept living, dining, and kitchen area is designed for real life, not just photos. A multi-purpose island anchors the space with built-in storage, a recessed microwave, dedicated meal-prep space, and an integrated wood dining table that comfortably seats four. Sleek push-to-open cabinetry, open wood shelving, stainless steel backsplash details, and premium built-in appliances give the kitchen a polished, modern edge. The bedroom easily accommodates a king-sized bed plus additional furniture - a rarity in today's condo market - and features sliding privacy doors that can open to the living space or create a more secluded retreat. A 3-piece Jack & Jill ensuite, generous closet space, smart storage solutions throughout, and a large separate owned locker make everyday living effortless. Step outside to your 69 sqft north-facing balcony, finished with wood deck tiles and synthetic grass, creating a surprisingly inviting outdoor extension of the home. Residents enjoy concierge service, a fully equipped gym, party room, community BBQ area, bike storage, and visitor parking. Set in the heart of Roncesvalles Village, you're surrounded by independent shops, cafes, restaurants, grocery options, excellent TTC access, and some of Toronto's best green space - all just steps from your front door.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13491832
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Dundas St W & Sorauren Ave
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Maintenance
$506/mo
Exposure
North
Property tax
$2,473 / 2025
Days on market
22
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

StudyFlat1.31 × 1.35 m

hardwood floor · sliding doors

Primary BedroomFlat3.15 × 3.17 m

hardwood floor · sliding doors · 3 pc ensuite

BathroomFlat1.49 × 2.84 m

tile floor · sliding doors

Living RoomFlat2.69 × 4.15 m

hardwood floor · walk-in closet(s) · w/o to balcony

KitchenFlat2.20 × 4.23 m

hardwood floor · centre island · w/o to balcony

FoyerFlat1.20 × 7.69 m

hardwood floor · walk-in closet(s)

Moe’s TakeTeam Asgarian · Broker
In line
$620Kest. value

Listed at $595,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $512K, a bit lower. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $650K
  • Bedrooms −$30K
  • Adjusts to $620K

That comparable adjusts to $620K; the $620K estimate above is the median of all 5 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.

Its public catchment (Howard Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Dundas St West at Sorauren Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$534KGreat deal$801KOverpriced

Total price vs nearby homes. Fair value about $620K, median of 5 comparables.

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.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$543kavg asking

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

1609-133 Wynford Drive$500k1406-75 The Donway$500k1906-18 Yonge Street$498k2207-33 Empress Avenue$488k1905-325 Bay Street$729k

The 5 closest of 8 active listings nearby.

See all comparable homes
595kThis home500k500k498k488k729kThis home vs active comparables
Live market pulseActive comparables in Roncesvalles · median list $831K
$916this home / sqft
6active listings nearby
22days on market

This home lists 16% below the area average of $1,094/sqft.

21 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

Roncesvalles, 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

83/ 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: Dundas St West at Sorauren Ave, about 103 m away

20+ transit stops12 grocery20+ dining20+ parks20+ 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
$688K
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 Howard Junior Public School
76%
Howard Junior Public SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$2,712/mo
$123KIncome needed
4.9×Price ÷ income
$626Weekly 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.

79%mortgage
Mortgage $2,712Property tax $206Condo fee $506Total carry $3,424

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)
$2,540per month

Mortgage amount $476,000 · 4.14% over 25 years

$119,000Down payment (20.0%)
$476,000Loan before insurance
$0CMHC premium
$3,252Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,540
Property tax
$206
Condo / maintenance fees
$506
Heating
$0
Estimated monthly cost
$3,252

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

One-time closing costs

Ontario land transfer tax
$8,375
Toronto municipal land transfer tax
$8,375
Estimated closing costs
$16,750

Plus your down payment of $119,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,085/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

$286,034Total interest paid
$762,034Total of all payments
Principal $476,000 Interest $286,034
YearPrincipalInterestBalance
1$11,151$19,330$464,849
2$11,617$18,864$453,231
3$12,103$18,378$441,128
4$12,610$17,872$428,518
5$13,137$17,344$415,381
6$13,687$16,795$401,695
7$14,259$16,222$387,436
8$14,856$15,626$372,580
9$15,477$15,004$357,103
10$16,124$14,357$340,979
11$16,799$13,683$324,180
12$17,501$12,980$306,679
13$18,233$12,248$288,445
14$18,996$11,485$269,449
15$19,791$10,691$249,658
16$20,619$9,863$229,040
17$21,481$9,000$207,558
18$22,380$8,102$185,179
19$23,316$7,166$161,863
20$24,291$6,190$137,572
21$25,307$5,174$112,265
22$26,366$4,116$85,900
23$27,468$3,013$58,432
24$28,617$1,864$29,814
25$29,814$667$0

At the end of your 5-year term

Total paid over the term
$152,407
Principal paid down
$60,619
Interest paid
$91,788
Balance remaining
$415,381

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
2.1%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.

4.1%
Gross yield
− Property tax $2,473− Condo fees $6,072− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,749

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

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