506-55 De Boers Drive, Toronto, ON
York University Heights, Toronto · MLS® W13597010
About this home
In short
- Welcome to 55 De Boers Dr. #506, a newly renovated and move-in ready 1 bedroom + den condo with modern finishes in the prime North York location.
- Bright open-concept layout with vinyl commercial grade flooring throughout, smooth ceilings throughout, contemporary lighting, large windows that bring in plenty of...
- Enjoy your coffee while relaxing and watching the unobstructed beautiful sunset views from the private oversized 97 sq ft balcony.
- Steps to Subway Station, TTC, minutes to Yorkdale Shopping Centre, Costco, York University, restaurants, shops, Highways 401 & 400 and much more.
- Condo building has full amenities including 24-hour concierge, gym, indoor pool, sauna, media and party room, business centre, guest suites, and visitor parking.
Welcome to 55 De Boers Dr. #506, a newly renovated and move-in ready 1 bedroom + den condo with modern finishes in the prime North York location! Bright open-concept layout with vinyl commercial grade flooring throughout, smooth ceilings throughout, contemporary lighting, large windows that bring in plenty of natural light and ample space for a full dining table, perfect for hosting. The modern kitchen features quartz countertops with waterfall, quartz backsplash, oversized island with breakfast bar, sleek white cabinetry with stainless steel appliances. Enjoy your coffee while relaxing and watching the unobstructed beautiful sunset views from the private oversized 97 sq ft balcony. The primary bedroom features a stylish feature wall, a walk-in closet and large window with clear views. A spacious den that easily functions as a home office or a second bedroom. Modern 4pc bathroom with clean, updated finishes. Steps to Subway Station, TTC, minutes to Yorkdale Shopping Centre, Costco, York University, restaurants, shops, Highways 401 & 400 and much more! Condo building has full amenities including 24-hour concierge, gym, indoor pool, sauna, media and party room, business centre, guest suites, and visitor parking. Includes 1 parking, 1 locker, and all utilities except hydro. Excellent opportunity for first-time buyers or investors seeking value, location, and future potential.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13597010
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 1
- Size
- 600-699 sq ft
- Cross streets
- Sheppard Ave & Allen Rd
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $600/mo
- Exposure
- South West
- Property tax
- $2,509 / 2026
- Days on market
- 89
- Listing brokerage
- RE/MAX NOBLECORP REAL ESTATE
Rooms
vinyl floor · walk-in closet(s) · large window
vinyl floor · combined w/living · open concept
quartz counter · stainless steel appl · breakfast bar
vinyl floor · open concept · separate room
vinyl floor · open concept · w/o to balcony
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readIts public catchment (William Lyon Mackenzie Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Neighbourhood & location
York University Heights, Toronto, ON
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Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $431,110 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,384
- Property tax
- $209
- Condo / maintenance fees
- $600
- Heating
- $0
- Estimated monthly cost
- $3,193
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,253
- Toronto municipal land transfer tax
- $7,253
- Estimated closing costs
- $14,506
Plus your down payment of $107,778. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $143,021
- Principal paid down
- $52,674
- Interest paid
- $90,347
- Balance remaining
- $378,437
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX NOBLECORP REAL ESTATE. MLS®/PropTx.