615-10 De Boers Drive, Toronto, ON

York University Heights, Toronto · MLS® W13581074

$489,000
For Sale
Just listed today
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2Bedrooms
2Bathrooms
1Garage
500-599Sq Ft

About this home

Welcome to this bright and well-appointed 1+1 Bed Condo with 2 Full Washrooms in the heart of Yorkdale-Downsview. This thoughtfully designed unit features an open-concept layout with floor-to-ceiling windows, a modern kitchen with stainless steel appliances and quartz counter tops, Spacious living and a private Balcony (18'6"X5'3"). Den has glass door and can be used as Second Bedroom. Enjoy premium building amenities, including a fitness centre, party room, visitor parking, concierge, and more. Conveniently located just steps to Sheppard West Subway Station with easy access to York University, Yorkdale Shopping Centre, Highway 401, Allen Road, Parks, Restaurants, and everyday Conveniences. An excellent opportunity for first-time buyers, professionals, or investors seeking modern urban living in a highly connected location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13581074
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
500-599
Cross streets
SHEPPARD AVE W & ALLEN RD
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$656/mo
Exposure
West
Property tax
$2,394 / 2026
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Living RoomFlat5.85 × 3.20 m

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

DenFlat2.20 × 2.15 m

glass doors · laminate

BedroomFlat3.35 × 2.80 m

3 pc ensuite · large closet · laminate

Dining RoomFlat5.85 × 3.20 m

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

KitchenFlat5.85 × 3.20 m

open concept · combined w/living · stainless steel appl

Moe’s TakeTeam Asgarian · Broker
In line
$423Kest. value

Listed at $489,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $519K, higher than the comparables and worth a second look.

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 $430K
  • Size difference −$77K
  • Bathrooms +$15K
  • Adjusts to $368K

That comparable adjusts to $368K; the $423K estimate above is the median of all 7 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 (William Lyon Mackenzie Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$414KGreat deal$523KOverpriced

Total price vs nearby homes. Fair value about $423K, median of 7 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in York University Heights · asking prices
$521kavg asking

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

722-1100 Sheppard Avenue$500k608-1100 Sheppard Avenue$599k309-1100 Sheppard Avenue$600k408-55 De Boers Drive$476k635-1100 Sheppard Avenue$430k

The 5 closest of 7 active listings nearby.

See all comparable homes
489kThis home500k599k600k476k430kThis home vs active comparables
Live market pulseActive comparables in York University Heights · median list $505K
$890this home / sqft
14active listings nearby

This home lists 9% above the area average of $819/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

York University Heights, 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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.

Westminster-Branson
$500K
Willowdale West
$770K
Willowdale East
$466K
Bayview Village
$681K
Annex
$929K

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 Dublin Heights Elementary and Middle School
68%
Dublin Heights Elementary and Middle SchoolPublic · Elementary · 1.5 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$2,229/mo
$107KIncome needed
4.6×Price ÷ income
$514Weekly 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.

72%mortgage
Mortgage $2,229Property tax $200Condo fee $656Total carry $3,084

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,088per month

Mortgage amount $391,200 · 4.14% over 25 years

$97,800Down payment (20.0%)
$391,200Loan before insurance
$0CMHC premium
$2,943Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,088
Property tax
$200
Condo / maintenance fees
$656
Heating
$0
Estimated monthly cost
$2,943

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

One-time closing costs

Ontario land transfer tax
$6,255
Toronto municipal land transfer tax
$6,255
Estimated closing costs
$12,510

Plus your down payment of $97,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,536/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

$235,077Total interest paid
$626,277Total of all payments
Principal $391,200 Interest $235,077
YearPrincipalInterestBalance
1$9,164$15,887$382,036
2$9,548$15,503$372,488
3$9,947$15,104$362,541
4$10,363$14,688$352,177
5$10,797$14,254$341,381
6$11,248$13,803$330,132
7$11,719$13,332$318,413
8$12,209$12,842$306,204
9$12,720$12,331$293,485
10$13,252$11,799$280,233
11$13,806$11,245$266,427
12$14,384$10,668$252,043
13$14,985$10,066$237,058
14$15,612$9,439$221,446
15$16,265$8,786$205,181
16$16,945$8,106$188,236
17$17,654$7,397$170,582
18$18,393$6,658$152,189
19$19,162$5,889$133,027
20$19,963$5,088$113,064
21$20,798$4,253$92,265
22$21,668$3,383$70,597
23$22,575$2,476$48,022
24$23,519$1,532$24,503
25$24,503$548$0

At the end of your 5-year term

Total paid over the term
$125,255
Principal paid down
$49,819
Interest paid
$75,436
Balance remaining
$341,381

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$1,700/mo
$20,400Gross 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.

4.2%
Gross yield
− Property tax $2,394− Condo fees $7,872− Insurance $600− Vacancy & upkeep $2,244Net operating income $7,290

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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