617-38 Joe Shuster Way, Toronto, ON

South Parkdale, Toronto · MLS® W13514466

$369,900
For Sale
Listed 15 days ago
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1Bedrooms
1Bathrooms
0Parking
0-499Sq Ft

About this home

Excellent Value In The City: Perfect For First-Time Home Buyers Or Investors! One Bedroom Condo Located In The Bridge Condominiums Development. Nestled On A Timeless Tree-Lined Street Surrounded By Luscious Greenery In The South Parkdale Area; Very Close Proximity To The Vibrant Liberty Village & King West Village. Suite Features: Exceptional Layout w/No Wasted Space, 1 Spacious Bedroom, 1 Bath (4-Piece), Functional Kitchen w/Centre Island, Backsplash, Laminate Floors, In-Suite Laundry, Open Balcony w/Unobstructed & Serene View Of City (Northwest), 1 Storage Locker, Security Guard Onsite & More! Building Amenities Include: Lobby Area, Mailbox Room w/Parcel Dropoff, Party/Meeting Room, Indoor Pool w/Hot Tub, Sauna, Gym, Yoga Room, Games Room, Media Room, Visitor Parking & Street Parking. This Lovely Condo Is Situated In An Electrifying Neighbourhood w/Several Amenities Located Within Close Proximity Including: Schools, Parks (Rita Cox Park 1min Walk), BMO Field, Gardiner Expressway, Exhibition GO Station, Public Transit & More. Great Building, Superb Unit Layout & Amazing Balcony View Make This Condo A Perfect Choice For Those Seeking Comfort, Investment & Value! *Click Virtual Tour Link For Additional Photos & Video*

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13514466
Bedrooms
1
Bathrooms
1
Size
0-499
Cross streets
King St. West & Dufferin Street
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete, Brick
Maintenance
$377/mo
Exposure
North West
Property tax
$1,611 / 2026
Days on market
15
Listing brokerage
ROYAL LEPAGE MAXIMUM REALTY

Rooms

FoyerFlat1.09 × 1.67 m

swing doors · laminate · formal rm

LaundryFlat0.78 × 0.86 m

swing doors · enclosed · formal rm

Living RoomFlat3.04 × 3.07 m

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

Primary BedroomFlat2.54 × 2.79 m

laminate · sliding doors · closet

KitchenFlat2.20 × 2.89 m

combined w/living · stainless steel appl · centre island

Moe’s TakeTeam Asgarian · Broker
Below comparables
$439Kest. value

Listed at $369,900, this home is about 16% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($1,483/sqft) is above the area, which usually points to a smaller or more efficient layout.

There were not many closely comparable homes right in South Parkdale, so I widened the search to the surrounding area.

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 $360K, a bit lower.

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 $405K
  • Adjusts to $405K

That comparable adjusts to $405K; the $439K 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.

Its public catchment (Alexander Muir/Gladstone Ave Junior and Senior 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. King St West at Joe Shuster Way is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$370KGreat deal$479KOverpriced

Total price vs nearby homes. Fair value about $439K, 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$415kavg asking

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

1009-33 Sheppard Avenue$370k1812-2020 Bathurst Street$405k2605-319 Jarvis Street$425k2916-252 Church Street$435k706-28 Wellesley Street$438k

The 5 closest of 8 active listings nearby.

See all comparable homes
370kThis home370k405k425k435k438kThis home vs active comparables
Live market pulseActive comparables in South Parkdale · median list $640K
$1,483this home / sqft
28active listings nearby
15days on market

This home lists 32% above the area average of $1,124/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

South Parkdale, 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

88/ 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: King St West at Joe Shuster Way, about 126 m away

20+ transit stops14 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.

Waterfront Communities C1
$672K
Waterfront Communities C8
$1.24M
Church-Yonge Corridor
$590K
Annex
$1.57M
Mimico
$800K

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 Alexander Muir/Gladstone Ave Junior and Senior Public School
73%
Alexander Muir/Gladstone Ave Junior and Senior Public SchoolPublic · Elementary · 0.7 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$1,686/mo
$79KIncome needed
4.7×Price ÷ income
$389Weekly 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 $1,686Property tax $134Condo fee $377Total carry $2,197

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)
$1,579per month

Mortgage amount $295,920 · 4.14% over 25 years

$73,980Down payment (20.0%)
$295,920Loan before insurance
$0CMHC premium
$2,090Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,579
Property tax
$134
Condo / maintenance fees
$377
Heating
$0
Estimated monthly cost
$2,090

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

One-time closing costs

Ontario land transfer tax
$4,024
Toronto municipal land transfer tax
$4,024
Estimated closing costs
$8,047

Plus your down payment of $73,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,918/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

$177,822Total interest paid
$473,742Total of all payments
Principal $295,920 Interest $177,822
YearPrincipalInterestBalance
1$6,932$12,017$288,988
2$7,222$11,727$281,765
3$7,524$11,425$274,241
4$7,839$11,110$266,402
5$8,167$10,783$258,235
6$8,509$10,441$249,726
7$8,865$10,085$240,861
8$9,235$9,714$231,626
9$9,622$9,328$222,004
10$10,024$8,925$211,980
11$10,443$8,506$201,536
12$10,880$8,069$190,656
13$11,335$7,614$179,321
14$11,810$7,140$167,511
15$12,304$6,646$155,208
16$12,818$6,131$142,389
17$13,354$5,595$129,035
18$13,913$5,037$115,122
19$14,495$4,455$100,627
20$15,101$3,848$85,526
21$15,733$3,217$69,793
22$16,391$2,559$53,402
23$17,077$1,873$36,326
24$17,791$1,159$18,535
25$18,535$415$0

At the end of your 5-year term

Total paid over the term
$94,748
Principal paid down
$37,685
Interest paid
$57,063
Balance remaining
$258,235

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$2,300/mo
$27,600Gross annual rent
4.8%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.

7.5%
Gross yield
− Property tax $1,611− Condo fees $4,521− Insurance $600− Vacancy & upkeep $3,036Net operating income $17,832

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

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