1625-38 Joe Shuster Way, Toronto, ON

South Parkdale, Toronto · MLS® W13562310

$515,000
For Sale
Listed 3 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Welcome to The Bridge at 38 Joe Shuster Way- your opportunity to own a true 2-bedroom condo with panoramic views of the city, for under $530K. In today's market, where can you find that in the Queen W/Liberty Village area? Inside, enjoy a functional open-concept layout designed for modern living, with bright living spaces, a well-appointed kitchen, and two bedrooms that offer flexibility for professionals, roommates, or a home office setup. Private outdoor space adds to the appeal, perfect for morning coffee or unwinding after a long day.The building features a full suite of amenities including a fitness centre, indoor pool, party room, and more-everything you need right at your doorstep. Surrounded by parks like Rita Cox Park, and just minutes to Liberty Village, the Entertainment District, and the waterfront, this is downtown living at its best.Whether you're a first-time buyer, investor, or someone looking to get into an unbeatable neighbourhood at an incredible price point-this is the one. Perfectly positioned between Queen West, King West, and Liberty Village, this location offers the ultimate urban lifestyle. Step outside and you're surrounded by some of Toronto's best restaurants, cafés, boutique shopping, nightlife, and everyday essentials-all within walking distance. With a Walk Score in the high 90s and excellent transit access, getting around the city is effortless. Includes 2 large lockers for storage.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13562310
Bedrooms
2
Bathrooms
1
Size
600-699
Cross streets
Joe Shuster & King W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$613/mo
Exposure
North East
Property tax
$2,594 / 2026
Days on market
3
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Dining RoomFlat3.22 × 3.65 m

laminate · combined w/kitchen · open concept

KitchenFlat3.22 × 3.65 m

laminate · open concept · stone counters

Living RoomFlat4.17 × 3.22 m

laminate · open concept · w/o to terrace

Bedroom 2Flat2.95 × 3.05 m

closet · 4 pc ensuite · laminate

Primary BedroomFlat3.08 × 3.64 m

large window · 4 pc ensuite · laminate

Moe’s TakeTeam Asgarian · Broker
Below comparables
$672Kest. value

Listed at $515,000, this home is about 23% below comparable homes, worth a close look. 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 $536K, 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 $702K
  • Bathrooms −$15K
  • Adjusts to $687K

That comparable adjusts to $687K; the $672K 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
$515KGreat deal$727KOverpriced

Total price vs nearby homes. Fair value about $672K, 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.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in South Parkdale · asking prices
$627kavg asking

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

725-38 Joe Shuster Way$499k1701-1900 Lake Shore Boulevard$613k915-285 Dufferin Street$679k2512-1926 Lake Shore Boulevard$640k917-285 Dufferin Street$702k

The 5 closest of 8 active listings nearby.

See all comparable homes
515kThis home499k613k679k640k702kThis home vs active comparables
Live market pulseActive comparables in South Parkdale · median list $679K
$793this home / sqft
22active listings nearby
3days on market

This home lists 21% below the area average of $1,010/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
$2,347/mo
$111KIncome needed
4.6×Price ÷ income
$542Weekly 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 $2,347Property tax $216Condo fee $613Total carry $3,177

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)
$2,199per month

Mortgage amount $412,000 · 4.14% over 25 years

$103,000Down payment (20.0%)
$412,000Loan before insurance
$0CMHC premium
$3,028Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,199
Property tax
$216
Condo / maintenance fees
$613
Heating
$0
Estimated monthly cost
$3,028

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

One-time closing costs

Ontario land transfer tax
$6,775
Toronto municipal land transfer tax
$6,775
Estimated closing costs
$13,550

Plus your down payment of $103,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,670/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

$247,575Total interest paid
$659,575Total of all payments
Principal $412,000 Interest $247,575
YearPrincipalInterestBalance
1$9,652$16,731$402,348
2$10,055$16,328$392,293
3$10,476$15,907$381,817
4$10,914$15,469$370,902
5$11,371$15,012$359,532
6$11,846$14,537$347,685
7$12,342$14,041$335,343
8$12,858$13,525$322,485
9$13,396$12,987$309,089
10$13,956$12,427$295,133
11$14,540$11,843$280,593
12$15,148$11,235$265,444
13$15,782$10,601$249,662
14$16,442$9,941$233,220
15$17,130$9,253$216,091
16$17,846$8,537$198,244
17$18,593$7,790$179,651
18$19,371$7,012$160,281
19$20,181$6,202$140,100
20$21,025$5,358$119,075
21$21,904$4,479$97,171
22$22,821$3,562$74,350
23$23,775$2,608$50,575
24$24,770$1,613$25,806
25$25,806$577$0

At the end of your 5-year term

Total paid over the term
$131,915
Principal paid down
$52,468
Interest paid
$79,447
Balance remaining
$359,532

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
2.2%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.

4.8%
Gross yield
− Property tax $2,594− Condo fees $7,362− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,338

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

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