302-530 Indian Grove, Toronto, ON

Junction Area, Toronto · MLS® W13582434

$725,000
For Sale
Listed 3 days ago
2Bedrooms
2Bathrooms
0Parking
800-899Sq Ft

About this home

**Duke Condos** Anchored in the center of The Junction, you will find this customized 1 bedroom + separate den + office, and 2 washrooms. At 890 of interior square feet, plus a quiet south facing balcony with a bbq hook up, #302 features an extra-wide living space with nearly 18 feet of windows and 9 foot smooth ceilings. The flexibility of the layout offers a variety of furniture options without ever sacrificing space or function. The Scavolini kitchen with quartz countertops, integrated stainless steel appliances, custom-made island, engineered hardwood flooring, upgraded marble tile in the en-suite bath, and Hunter Douglas motorized blinds adds to the finishing touches. Quick access to both the Dundas St. W. and Keele Subway Stations (5 min. bus ride or 15 min. walk). TTC and LCBO at your doorstep, along with the perks of living in The Junction where independent shops, restaurants, and a sense of community merge with city conveniences. *Green P Parking right behind the condo has spots available for $90/month.*

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13582434
Bedrooms
2 (1 + 1)
Bathrooms
2 (1 half)
Size
800-899
Cross streets
Dundas/Keele
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$649/mo
Exposure
South
Property tax
$3,438 / 2026
Days on market
3
Listing brokerage
STRATA REAL ESTATE

Rooms

DenMain3.08 × 1.89 m

hardwood floor · separate room

Living RoomMain5.33 × 5.36 m

hardwood floor · combined w/dining · w/o to balcony

Primary BedroomMain3.73 × 3.07 m

hardwood floor · double closet · sliding doors

Dining RoomMain5.33 × 5.36 m

hardwood floor · combined w/living · w/o to balcony

KitchenMain3.81 × 2.11 m

hardwood floor · centre island · stainless steel appl

OfficeMain2.64 × 2.21 m

Hardwood Floor

Moe’s TakeTeam Asgarian · Broker
Above comparables
$666Kest. value

Listed at $725,000, this home is about 9% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($853/sqft) is in line with the area, so you are paying for extra space rather than a premium.

In Junction Area lately, sellers have been getting about 96% of asking and homes sell in about 47 days. Prices are down 17% versus a year ago.

Based on 48 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 48 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $716K, 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, sold for $585K
  • Bedrooms −$19K
  • Adjusts to $566K

That comparable adjusts to $566K; the $666K estimate above is the median of all 48 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

List price
$597KGreat deal$725KOverpriced

Total price vs nearby homes. Fair value about $666K, median of 48 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.

  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$719kavg asking

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

1003-33 Shore Breeze Drive$717k714-377 Madison Avenue$750k2006-70 Distillery Lane$760k505-1801 Bayview Avenue$660k702-15 Holmes Avenue$709k

The 5 closest of 8 active listings nearby.

See all comparable homes
725kThis home717k750k760k660k709kThis home vs active comparables
Live market pulseActive comparables in Junction Area · median list $699K
$853this home / sqft
10active listings nearby
3days on market
17sold nearby · 90 days
$635Kmedian sold price
96%of asking, on average
17%vs a year ago

This home lists 5% above the area average of $813/sqft.

2 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Junction Area, Toronto, ON

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bay Street Corridor
$506K
Church-Yonge Corridor
$561K
Waterfront Communities C1
$593K
Waterfront Communities C8
$736K
Moss Park
$552K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$3,304/mo
$151KIncome needed
4.8×Price ÷ income
$763Weekly 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.

78%mortgage
Mortgage $3,304Property tax $286Condo fee $649Total carry $4,240

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,095per month

Mortgage amount $580,000 · 4.14% over 25 years

$145,000Down payment (20.0%)
$580,000Loan before insurance
$0CMHC premium
$4,031Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,095
Property tax
$287
Condo / maintenance fees
$649
Heating
$0
Estimated monthly cost
$4,031

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

One-time closing costs

Ontario land transfer tax
$10,975
Toronto municipal land transfer tax
$10,975
Estimated closing costs
$21,950

Plus your down payment of $145,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,759/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

$348,529Total interest paid
$928,529Total of all payments
Principal $580,000 Interest $348,529
YearPrincipalInterestBalance
1$13,587$23,554$566,413
2$14,156$22,985$552,257
3$14,748$22,393$537,509
4$15,365$21,776$522,144
5$16,007$21,134$506,137
6$16,677$20,464$489,460
7$17,375$19,767$472,085
8$18,101$19,040$453,984
9$18,858$18,283$435,126
10$19,647$17,494$415,478
11$20,469$16,672$395,009
12$21,325$15,816$373,684
13$22,217$14,924$351,467
14$23,147$13,995$328,320
15$24,115$13,026$304,205
16$25,123$12,018$279,082
17$26,174$10,967$252,907
18$27,269$9,872$225,638
19$28,410$8,731$197,228
20$29,598$7,543$167,630
21$30,836$6,305$136,794
22$32,126$5,015$104,668
23$33,470$3,671$71,198
24$34,870$2,271$36,328
25$36,328$813$0

At the end of your 5-year term

Total paid over the term
$185,706
Principal paid down
$73,863
Interest paid
$111,843
Balance remaining
$506,137

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
2.3%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.

4.5%
Gross yield
− Property tax $3,438− Condo fees $7,793− Insurance $600− Vacancy & upkeep $3,564Net operating income $17,005

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

CallRequest a showing