609-259 The Kingsway, Toronto, ON

Kingsway South, Toronto · MLS® W13589446

$2,249,000
For Sale
Listed 1 day ago
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2Bedrooms
3Bathrooms
2Garage
1600-1799Sq Ft

About this home

Edenbridge on The Kingsway is a prestigious new condo and townhome development by renowned builders Tridel and First Capital Realty, ideally located at the southeast corner of The Kingsway and Royal York in Etobicoke. Set within one of Toronto's most desirable neighbourhoods, this residence offers an elevated lifestyle with stunning views. Positioned just one level below the penthouse, the unit delivers exceptional vistas and a true sense of exclusivity. This thoughtfully designed suite features a split-bedroom layout with 2 spacious bedrooms and 3 modern bathrooms, offering both privacy and functionality for comfortable living.Residents will also enjoy convenient access to the vibrant Humbertown Shopping Centre, where a variety of amenities and retail offerings are now open. Highlights include Loblaws, NADO Fromagerie, and a curated selection of shops in the breezeway. Additional retail includes Bone & Biscuit, Cafe Landwer, Nodo Italian Restaurant, and Maker's Pizza. A future Pilates studio is also anticipated, alongside a growing mix of office and wellness-focused tenants such as a music school, physiotherapy, chiropractic, and other health services-creating a well-rounded and dynamic community hub just steps from your door. Taxes have not been fully assessed yet, they are estimated to be roughly $14,000

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13589446
Bedrooms
2
Bathrooms
3 (1 half)
Size
1600-1799
Cross streets
Royal York Rd. & Dundas St. W.
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$1,473/mo
Exposure
South East
Days on market
1
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
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 Humber Valley Village Junior Middle School, 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.

Comparable listingsCurrently listed nearby · asking prices
$1.29Mavg asking

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

401-135 George Street$995k101-1200 Don Mills Road$1.06M1002-1166 Bay Street$3.39M418-255 The Donway$649k1511-320 Dixon Road$380k

The 5 closest active listings nearby.

See all comparable homes
2.25MThis home995k1.06M3.39M649k380kThis home vs active comparables
Live market pulseActive comparables in Kingsway South · median list $1.30M
$1,323this home / sqft
5active listings nearby
1days on market
93sold nearby · 90 days
$580Kmedian sold price
96%of asking, on average

This home lists 11% above the area average of $1,188/sqft.

0 days faster 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

Kingsway South, 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.

Nearby neighbourhoods

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

Islington-City Centre West
$549K
Mimico
$628K
Niagara
$590K
Waterfront Communities C1
$591K
Bay Street Corridor
$506K

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 Humber Valley Village Junior Middle School
85%
Humber Valley Village Junior Middle SchoolPublic · Elementary · 0.8 km awayHigher-rated than most nearby · 85% meet the provincial standard

Affordability & Mortgage

Affordability
$10,250/mo
$468KIncome needed
4.8×Price ÷ income
$2,365Weekly 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 $10,250Property tax $1,406Condo fee $1,473Total carry $13,129

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$9,601per month

Mortgage amount $1,799,200 · 4.14% over 25 years

$449,800Down payment (20.0%)
$1,799,200Loan before insurance
$0CMHC premium
$12,480Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,601
Property tax
$1,406
Condo / maintenance fees
$1,473
Heating
$0
Estimated monthly cost
$12,480

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

One-time closing costs

Ontario land transfer tax
$42,700
Toronto municipal land transfer tax
$42,700
Estimated closing costs
$85,400

Plus your down payment of $449,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,662/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

$1,081,160Total interest paid
$2,880,360Total of all payments
Principal $1,799,200 Interest $1,081,160
YearPrincipalInterestBalance
1$42,149$73,065$1,757,051
2$43,912$71,302$1,713,139
3$45,749$69,466$1,667,390
4$47,662$67,552$1,619,728
5$49,656$65,558$1,570,071
6$51,733$63,481$1,518,338
7$53,897$61,317$1,464,441
8$56,152$59,063$1,408,290
9$58,500$56,714$1,349,790
10$60,947$54,267$1,288,842
11$63,497$51,718$1,225,346
12$66,153$49,062$1,159,193
13$68,920$46,295$1,090,274
14$71,802$43,412$1,018,471
15$74,806$40,409$943,666
16$77,935$37,280$865,731
17$81,195$34,020$784,536
18$84,591$30,623$699,945
19$88,129$27,085$611,816
20$91,816$23,399$520,001
21$95,656$19,558$424,345
22$99,657$15,557$324,687
23$103,826$11,389$220,862
24$108,169$7,046$112,693
25$112,693$2,521$0

At the end of your 5-year term

Total paid over the term
$576,072
Principal paid down
$229,129
Interest paid
$346,943
Balance remaining
$1,570,071

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$5,450/mo
$65,400Gross annual rent
1.1%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.

2.9%
Gross yield
− Property tax $15,743− Condo fees $17,673− Insurance $600− Vacancy & upkeep $7,194Net operating income $24,190

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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