303-2 Old Mill Drive, Toronto, ON

High Park-Swansea, Toronto · MLS® W13505824

$599,000
For Sale
Listed 17 days ago
Request a showing
◎ Directions
1Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Tridel-Built Condominium In The Prestigious Old Mill Neighborhood, Ideally Situated At 2 Old Mill Drive Were South Kingsway Meets Bloor West Village. This Rarely Available, Highly Functional Layout Offers Thoughtfully Designed Living Space, Featuring Bedroom Plus A Versatile Media Area. The Open-Concept Interior Is Bright And Inviting, Enhanced By High Ceilings, Pot Lights Granite Countertops, And Full Sized Kitchen Appliances, An Efficient Floor Plan Maximizes Usability While Maintaining A Seamless Flow Throughout The Suite. * Locker included * Enjoy And Exceptional Walk Score Of 90, Just Steps To The Old Mill Subway Station, Scenic Humber River Trails, And The Shops, Cafes', And Amenities Of Bloor West Village. Building Amenities Include: Rooftop Deck And Garden, 24-Hour Concierge, Well-Equipped Fitness Center, And Meeting/Party Room.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13505824
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
BLOOR STREET & SOUTH KINGSWAY
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$722/mo
Exposure
North East
Property tax
$2,911 / 2025
Days on market
17
Listing brokerage
RE/MAX PREMIER INC.

Rooms

BathroomMain4.86 × 2.41 m

3 pc bath · tile floor

Primary BedroomMain3.17 × 5.34 m
Living RoomMain6.41 × 6.40 m

laminate · combined w/dining

KitchenMain6.76 × 2.69 m

stainless steel appl · combined w/living · breakfast bar

Listing history

  1. Jul 16, 2026Listed$2,400

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Above comparables
$465Kest. value

Listed at $599,000, this home is about 29% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $626K, higher than the comparables and worth a second look.

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 $525K
  • Bedrooms −$30K
  • Adjusts to $495K

That comparable adjusts to $495K; the $465K estimate above is the median of all 10 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.

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.

List price
$444KGreat deal$599KOverpriced

Total price vs nearby homes. Fair value about $465K, median of 10 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Worth verifying
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$517kavg asking

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

210-25 Richmond Street$599k1609-133 Wynford Drive$500k1406-75 The Donway$500k1906-18 Yonge Street$498k2207-33 Empress Avenue$488k

The 5 closest of 8 active listings nearby.

See all comparable homes
599kThis home599k500k500k498k488kThis home vs active comparables
Live market pulseActive comparables in High Park-Swansea · median list $569K
$922this home / sqft
19active listings nearby
17days on market

This home lists 13% above the area average of $813/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 81 m away

20+ transit stops1 grocery20+ dining20+ parks13 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
Islington-City Centre West
$528K
Waterfront Communities C1
$672K
Annex
$1.57M
Church-Yonge Corridor
$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) →

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
$2,730/mo
$129KIncome needed
4.7×Price ÷ income
$630Weekly 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.

74%mortgage
Mortgage $2,730Property tax $243Condo fee $722Total carry $3,695

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)
$2,557per month

Mortgage amount $479,200 · 4.14% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$3,522Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,557
Property tax
$243
Condo / maintenance fees
$722
Heating
$0
Estimated monthly cost
$3,522

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

One-time closing costs

Ontario land transfer tax
$8,455
Toronto municipal land transfer tax
$8,455
Estimated closing costs
$16,910

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,106/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

$287,957Total interest paid
$767,157Total of all payments
Principal $479,200 Interest $287,957
YearPrincipalInterestBalance
1$11,226$19,460$467,974
2$11,696$18,991$456,278
3$12,185$18,501$444,094
4$12,694$17,992$431,399
5$13,225$17,461$418,174
6$13,779$16,908$404,395
7$14,355$16,331$390,040
8$14,955$15,731$375,085
9$15,581$15,105$359,504
10$16,233$14,454$343,271
11$16,912$13,775$326,359
12$17,619$13,067$308,740
13$18,356$12,330$290,384
14$19,124$11,562$271,260
15$19,924$10,762$251,336
16$20,757$9,929$230,579
17$21,625$9,061$208,954
18$22,530$8,156$186,424
19$23,472$7,214$162,951
20$24,454$6,232$138,497
21$25,477$5,209$113,020
22$26,543$4,144$86,477
23$27,653$3,033$58,824
24$28,810$1,877$30,015
25$30,015$672$0

At the end of your 5-year term

Total paid over the term
$153,431
Principal paid down
$61,026
Interest paid
$92,405
Balance remaining
$418,174

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
1.6%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 $2,911− Condo fees $8,664− Insurance $600− Vacancy & upkeep $2,706Net operating income $9,719

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

CallRequest a showing