524-2 Old Mill Drive, Toronto, ON

High Park-Swansea, Toronto · MLS® W13579740

$859,000
For Sale
Just listed today
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2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Luxury Tridel-built condo with spectacular unobstructed views and a private balcony! This bright, modern suite features a highly desirable split-bedroom layout with a spacious den, 9-foot ceilings, stainless steel appliances, and an open-concept design. The primary bedroom offers a private ensuite, while the second bedroom and main bath provide excellent separation for guests or family. Steps to the vibrant shops, cafes, and restaurants of Bloor West Village, Jane Subway Station, and the scenic Humber River trails. Enjoy premium building amenities including a saltwater pool, fitness centre, rooftop terrace, concierge, party room, and more. Click the virtual tour to experience this exceptional home!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13579740
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
800-899
Cross streets
Bloor/S Kingsway
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$952/mo
Exposure
North East
Property tax
$3,914 / 2026
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Listing history

  1. Jun 30, 2026Listed$869,000

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

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. 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.

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.

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.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in High Park-Swansea · asking prices
$714kavg asking

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

3410-105 The Queensway Avenue$729k2805-103 The Queensway$755k1713-103 The Queensway Avenue$685k1414-103 The Queensway Avenue$700kPH01-15 Windermere Avenue$700k

The 5 closest of 8 active listings nearby.

See all comparable homes
859kThis home729k755k685k700k700kThis home vs active comparables
Live market pulseActive comparables in High Park-Swansea · median list $630K
$1,011this home / sqft
39active listings nearby

This home lists 28% above the area average of $790/sqft.

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
Waterfront Communities C1
$672K
Annex
$1.57M
Church-Yonge Corridor
$577K
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 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
$3,915/mo
$181KIncome needed
4.8×Price ÷ income
$903Weekly 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.

75%mortgage
Mortgage $3,915Property tax $326Condo fee $952Total carry $5,193

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)
$3,667per month

Mortgage amount $687,200 · 4.14% over 25 years

$171,800Down payment (20.0%)
$687,200Loan before insurance
$0CMHC premium
$4,945Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,667
Property tax
$326
Condo / maintenance fees
$952
Heating
$0
Estimated monthly cost
$4,945

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

One-time closing costs

Ontario land transfer tax
$13,655
Toronto municipal land transfer tax
$13,655
Estimated closing costs
$27,310

Plus your down payment of $171,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,454/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

$412,946Total interest paid
$1,100,146Total of all payments
Principal $687,200 Interest $412,946
YearPrincipalInterestBalance
1$16,099$27,907$671,101
2$16,772$27,234$654,329
3$17,474$26,532$636,856
4$18,205$25,801$618,651
5$18,966$25,040$599,685
6$19,759$24,247$579,926
7$20,586$23,420$559,340
8$21,447$22,559$537,893
9$22,344$21,662$515,549
10$23,279$20,727$492,270
11$24,252$19,754$468,018
12$25,267$18,739$442,751
13$26,324$17,682$416,427
14$27,425$16,581$389,003
15$28,572$15,434$360,431
16$29,767$14,239$330,664
17$31,012$12,994$299,652
18$32,309$11,697$267,342
19$33,661$10,345$233,682
20$35,069$8,937$198,613
21$36,536$7,470$162,077
22$38,064$5,942$124,014
23$39,656$4,350$84,358
24$41,315$2,691$43,043
25$43,043$963$0

At the end of your 5-year term

Total paid over the term
$220,029
Principal paid down
$87,515
Interest paid
$132,514
Balance remaining
$599,685

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$2,700/mo
$32,400Gross annual rent
1.5%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.

3.8%
Gross yield
− Property tax $3,914− Condo fees $11,426− Insurance $600− Vacancy & upkeep $3,564Net operating income $12,896

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

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