604-236 Albion Road, Toronto, ON

Elms-Old Rexdale, Toronto · MLS® W13529582

$429,999
For Sale
Listed 11 days ago
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3Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Expansive 3-Bedroom Condo at 236 Albion Road - The Perfect Blend of Space & Connectivity. Welcome to this immaculate, sun-drenched condo offering a rare combination of square footage and modern convenience. This beautifully maintained 3-bedroom, 2-bathroom unit features completely carpet-free flooring and a functional open-concept design ideal for family living. The sprawling living and dining area is anchored by large windows that flood the space with natural light, leading out to a private open balcony with unobstructed views. The modern kitchen is designed for efficiency, boasting ample cabinetry, generous counter space, and room for casual dining. The massive primary retreat easily accommodates a king-sized bed and features a large closet and a private 2-piece ensuite for added privacy. Two additional generously sized bedrooms provide versatile space for children, guests, or a home office. Uniquely, this unit offers a dedicated in-suite laundry room with additional storage capacity. Unbeatable Location & Value: Located in the established 'The Elms' neighbourhood, this home offers exceptional value with maintenance fees that include Heat, Water, and Building Insurance (pay only Hydro). Commuters will love the seamless access to Highways 401 and 400, plus TTC transit right at the doorstep connecting to the subway. Nature enthusiasts are just steps from the scenic Humber River Recreational Trail and Weston Golf & Country Club. Enjoy incredible walkability to The Elms Junior Middle School, Melody Village Plaza, No Frills, and Shoppers Drug Mart. Residents of this secure building enjoy premium amenities including a fitness centre, party room, and plenty of visitor parking. A move-in ready opportunity in a thriving community. Some images in this listing have been digitally enhanced or AI-generated for visualization purposes.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13529582
Bedrooms
3
Bathrooms
2 (1 half)
Size
1000-1199
Cross streets
ALBION RD/WESTON RD
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Brick
Maintenance
$977/mo
Exposure
South
Property tax
$920 / 2026
Days on market
11
Listing brokerage
META REALTY INC.

Rooms

BedroomMain4.12 × 3.17 m

window · 2 pc ensuite · walk-in closet(s)

LaundryMain1.80 × 1.70 m
BathroomMain2.35 × 1.49 m

4 Pc Bath

Bedroom 2Main3.42 × 2.80 m

window · closet · laminate

Living RoomMain6.48 × 4.22 m

combined w/dining · w/o to balcony

Dining RoomMain6.48 × 4.22 m

Combined w/Living

KitchenMain3.06 × 2.69 m

stainless steel appl · b/i dishwasher

BathroomMain1.74 × 1.51 m

2 Pc Ensuite

Moe’s TakeTeam Asgarian · Broker
In line
$444Kest. value

Listed at $429,999, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $440K, 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, listed at $380K
  • Adjusts to $380K

That comparable adjusts to $380K; the $444K estimate above is the median of all 8 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.

The assigned public school is Braeburn Junior School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Albion Rd at Armel Crt is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$380KGreat deal$465KOverpriced

Total price vs nearby homes. Fair value about $444K, median of 8 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 in Elms-Old Rexdale · asking prices
$442kavg asking

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

208-236 Albion Road$439k310-236 Albion Road$449k903-236 Albion Road$465kPH10-234 Albion Road$475k610-234 Albion Road$380k

The 5 closest of 8 active listings nearby.

See all comparable homes
430kThis home439k449k465k475k380kThis home vs active comparables
Live market pulseActive comparables in Elms-Old Rexdale · median list $436K
$391this home / sqft
11active listings nearby
11days on market

This home lists 2% above the area average of $384/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

Elms-Old Rexdale, 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

70/ 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: Albion Rd at Armel Crt, about 117 m away

20+ transit stops4 grocery20+ dining20+ parks6 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.

Islington-City Centre West
$528K
Willowdale West
$770K
Mimico
$800K
Willowdale East
$441K
Annex
$1.57M

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 Braeburn Junior School
61%
Braeburn Junior SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 61% meet the provincial standard

Affordability & Mortgage

Affordability
$1,960/mo
$98KIncome needed
4.4×Price ÷ income
$452Weekly 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.

65%mortgage
Mortgage $1,960Property tax $77Condo fee $977Total carry $3,014

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)
$1,836per month

Mortgage amount $343,999 · 4.14% over 25 years

$86,000Down payment (20.0%)
$343,999Loan before insurance
$0CMHC premium
$2,889Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,836
Property tax
$77
Condo / maintenance fees
$977
Heating
$0
Estimated monthly cost
$2,889

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

One-time closing costs

Ontario land transfer tax
$5,075
Toronto municipal land transfer tax
$5,075
Estimated closing costs
$10,150

Plus your down payment of $86,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,230/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

$206,713Total interest paid
$550,712Total of all payments
Principal $343,999 Interest $206,713
YearPrincipalInterestBalance
1$8,059$13,970$335,940
2$8,396$13,633$327,545
3$8,747$13,282$318,798
4$9,113$12,916$309,685
5$9,494$12,534$300,191
6$9,891$12,137$290,300
7$10,305$11,724$279,995
8$10,736$11,293$269,259
9$11,185$10,843$258,074
10$11,653$10,376$246,421
11$12,140$9,888$234,281
12$12,648$9,380$221,633
13$13,177$8,851$208,456
14$13,728$8,300$194,727
15$14,303$7,726$180,425
16$14,901$7,128$165,524
17$15,524$6,504$150,000
18$16,173$5,855$133,826
19$16,850$5,179$116,977
20$17,555$4,474$99,422
21$18,289$3,739$81,133
22$19,054$2,974$62,079
23$19,851$2,177$42,228
24$20,681$1,347$21,546
25$21,546$482$0

At the end of your 5-year term

Total paid over the term
$110,142
Principal paid down
$43,808
Interest paid
$66,334
Balance remaining
$300,191

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$3,400/mo
$40,800Gross annual rent
5.4%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.

9.5%
Gross yield
− Property tax $920− Condo fees $11,728− Insurance $600− Vacancy & upkeep $4,488Net operating income $23,064

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

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