1-785 Brown's Line, Toronto, ON

Alderwood, Toronto · MLS® W13567192

$258,000
For Sale
Listed 2 days ago
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1Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Spacious 1-bedroom co-op apartment in a prime Alderwood location! This east-facing lower-level unit features large, above-grade windows, lots of natural light, and plenty of closet space. The suite needs some updating and offers an excellent opportunity to renovate, reimagine, and create a comfortable home tailored to your style. One outdoor parking space is included, and a coin-operated laundry room is conveniently located on the same level. Enjoy access to an outdoor pool, along with the convenience of the Farm Boy and Dollarama plaza next door, and easy access to Sherway Gardens, parks, the lake, Highway 427, Long Branch GO, and the Gardiner Expressway. Low monthly maintenance fees, which include property taxes, offer an attractive and affordable ownership opportunity. Owner-occupied only; rentals are not permitted. Buyer is subject to approval by the Board of Directors.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13567192
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Evans Ave/Brown's Line
Parking
1 garage (surface)
Basement
None
Heating
Radiant
A/C
None
Exterior
Brick
Maintenance
$425/mo
Exposure
East
Days on market
2
Listing brokerage
RIGHT AT HOME REALTY

Rooms

BathroomLower2.24 × 1.50 m
Dining RoomLower2.82 × 2.36 m
Primary BedroomLower3.58 × 2.90 m
KitchenLower3.07 × 2.29 m
Living RoomLower5.23 × 2.84 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is Lanor Junior Middle 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. Brown's Line at Coules Crt North Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$481kavg asking

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

806-20 Olive Avenue$419k2207-33 Empress Avenue$488k1906-18 Yonge Street$498k1406-75 The Donway$500k1609-133 Wynford Drive$500k

The 5 closest of 8 active listings nearby.

See all comparable homes
258kThis home419k488k498k500k500kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $538K
$397this home / sqft
79active listings nearby
2days on market

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Alderwood, 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

79/ 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: Brown's Line at Coules Crt North Side, about 36 m away

20+ transit stops3 grocery20+ dining9 parks11 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
Mimico
$800K
Waterfront Communities C1
$672K
Annex
$1.57M
Waterfront Communities C8
$1.19M

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 Lanor Junior Middle School
79%
Lanor Junior Middle SchoolPublic · Elementary · 0.2 km awayAbove the GTA average · 79% meet the provincial standard

Affordability & Mortgage

Affordability
$1,176/mo
$62KIncome needed
4.2×Price ÷ income
$271Weekly 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.

67%mortgage
Mortgage $1,176Property tax $161Condo fee $425Total carry $1,762

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)
$1,101per month

Mortgage amount $206,400 · 4.14% over 25 years

$51,600Down payment (20.0%)
$206,400Loan before insurance
$0CMHC premium
$1,688Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,101
Property tax
$161
Condo / maintenance fees
$425
Heating
$0
Estimated monthly cost
$1,688

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

One-time closing costs

Ontario land transfer tax
$2,345
Toronto municipal land transfer tax
$2,345
Estimated closing costs
$4,690

Plus your down payment of $51,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,338/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

$124,028Total interest paid
$330,428Total of all payments
Principal $206,400 Interest $124,028
YearPrincipalInterestBalance
1$4,835$8,382$201,565
2$5,037$8,180$196,527
3$5,248$7,969$191,279
4$5,468$7,749$185,811
5$5,696$7,521$180,115
6$5,935$7,282$174,180
7$6,183$7,034$167,997
8$6,442$6,776$161,556
9$6,711$6,506$154,845
10$6,992$6,225$147,853
11$7,284$5,933$140,569
12$7,589$5,628$132,980
13$7,906$5,311$125,074
14$8,237$4,980$116,837
15$8,582$4,636$108,255
16$8,940$4,277$99,315
17$9,314$3,903$90,000
18$9,704$3,513$80,296
19$10,110$3,107$70,186
20$10,533$2,684$59,653
21$10,973$2,244$48,680
22$11,432$1,785$37,247
23$11,911$1,306$25,337
24$12,409$808$12,928
25$12,928$289$0

At the end of your 5-year term

Total paid over the term
$66,086
Principal paid down
$26,285
Interest paid
$39,801
Balance remaining
$180,115

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
5.6%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.

9.5%
Gross yield
− Property tax $1,806− Condo fees $5,096− Insurance $600− Vacancy & upkeep $2,706Net operating income $14,392

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

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