414-369 Sorauren Avenue, Toronto, ON

Roncesvalles, Toronto · MLS® W13754626

$674,000
For Sale
Listed 41 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Parking
600-699Sq ft

About this home

In short

  • Fantastic 1 bedroom loft at the highly sought-after Robert Watson Lofts in prime Roncesvalles.
  • This ultra-cool conversion of an original 1903 candy factory offers an incredible blend of historic character and modern style in one of Toronto's most vibrant...
  • Offering approximately 634 sq ft of bright, open-concept living space, this stylish loft features soaring concrete ceilings, exposed ductwork and floor-to-ceiling...
  • The renovated kitchen offers great storage space with built-in cabinetry, stainless steel appliances and a versatile moveable centre island that can be positioned to...
  • The separate bedroom features a sliding door for added privacy, while the renovated 3-piece bathroom includes a spacious walk-in shower.

Fantastic 1 bedroom loft at the highly sought-after Robert Watson Lofts in prime Roncesvalles! This ultra-cool conversion of an original 1903 candy factory offers an incredible blend of historic character and modern style in one of Toronto's most vibrant neighbourhoods. Enjoy an unbeatable location just steps to the shops, cafés and restaurants of Roncesvalles Village, Sorauren Park and convenient transit. Offering approximately 634 sq ft of bright, open-concept living space, this stylish loft features soaring concrete ceilings, exposed ductwork and floor-to-ceiling windows. The renovated kitchen offers great storage space with built-in cabinetry, stainless steel appliances and a versatile moveable centre island that can be positioned to suit your space. The separate bedroom features a sliding door for added privacy, while the renovated 3-piece bathroom includes a spacious walk-in shower. Walk out to an impressive 100 sq. ft. south-facing balcony complete with a gas line for BBQ - perfect for outdoor dining and entertaining. Ensuite laundry, one storage locker and one surface parking space also included. A unique opportunity to live in one of Roncesvalles' most iconic and character-filled loft conversions!

Key facts

Property type
Condo Apartment, Loft
MLS®
W13754626
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
Dundas & Roncesvalles
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$692/mo
Exposure
South
Property tax
$3,576 / 2026
Days on market
41
Listing brokerage
CHESTNUT PARK REAL ESTATE LIMITED

Rooms

BedroomGround2.51 × 3.99 m

b/i closet · track lighting · sliding doors

BathroomGround0.00 × 0.00 m

3 pc bath · renovated · combined w/laundry

Living RoomGround3.30 × 4.32 m

open concept · window floor to ceiling · w/o to balcony

KitchenGround2.46 × 4.34 m

open concept · combined w/dining · stainless steel appl

Our TakeTeam Asgarian · Broker
A small discount is typical
$659Klikely sale price

Listed at $674,000. Going by how homes in Roncesvalles and the wider GTA have actually closed against their asking prices (about 98%, 9 local closings in 90 days), the likely sale price is near $659K, if it sells. A realistic range is $620K to $713K.

Independent value check: $710K. Without looking at the asking price, our model values the home itself about 5% above the ask (homes like it typically land between $661K and $747K).

Why $710K. The typical condo sold in Roncesvalles over the past year went for about $730K (48 sales). What sets this one apart:

  • ▼ Lowers itIt is 600 to 699 sq ft; the typical home sold here is 700 to 799.
  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $3,576 a year; the typical home sold here pays about $3,400.
List price
$620KBelow recent closings$713KAbove recent closings

Total price vs nearby homes. Likely closing about $659K, from 9 recent closings in this pocket.

The market behind the math:

9sold nearby · 90 days
$640Kmedian sold price
97%of asking, on average
−18%prices vs a year ago
~40 dayshomes like this take to sell
41days on market so far
$3,146/moest. rent · 7 leases
5.6%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.7 months of inventory: 11 condo apartment homes for sale in the area against 9 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,038/sqft against an area asking average of $964/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $676K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Howard Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Roncesvalles, so I widened the search to the surrounding area.

Based on 15 homes sold in this building over the past two years, from 95 closings in Roncesvalles.

What sellers nearby are askingCurrently listed nearby in Roncesvalles · asking prices
$607kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $710K, which is where my estimate comes from.

Per square foot, these ask about $938/sqft; this home lists at $1,038/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
674kThis home609k599k700k559k569kThis home vs active comparables

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K885

Neighbourhood & location

Roncesvalles, 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.

Little Portugal
$549K
Dovercourt-Wallace Emerson-Junction
$640K
Niagara
$690K
Kensington-Chinatown
$585K
Waterfront Communities C1
$625K

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 Howard Junior Public School
76%
Howard Junior Public SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 76% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Brock Public School · Public elementary0.7 km · 81% at standard
City View Alternative Senior School · Public elementary0.7 km
Shirley Street Junior Public School · Public elementary0.7 km · 70% at standard
St Helen Catholic School · Catholic elementary0.7 km · 74% at standard
Garden Avenue Junior Public School · Public elementary0.8 km · 91% at standard
Bishop Marrocco/Thomas Merton Catholic Secondary School · Catholic secondary0.9 km · 55% at standard
Parkdale Junior and Senior Public School · Public elementary0.9 km · 51% at standard
St Ambrose Catholic School · Catholic elementary1.0 km · 85% at standard
Caring and Safe School 4 · Public secondary1.1 km
Bloor Collegiate Institute · Public secondary1.2 km · 82% at standard
ALPHA II Alternative School · Public elementary1.3 km
St Mary Catholic Academy · Catholic secondary1.4 km · 66% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,072/mo
$143KIncome needed
4.7×Price ÷ income
$709Weekly cost
$19,910Land transfer tax, one-time (Ontario + Toronto)
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.

76%mortgage
Mortgage $3,072Property tax $298Condo fee $692Total carry $4,062

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,981per month

Mortgage amount $539,200 · 4.49% over 25 years

$134,800Down payment (20.0%)
$539,200Loan before insurance
$0CMHC premium
$3,971Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,981
Property tax
$298
Condo / maintenance fees
$692
Heating
$0
Estimated monthly cost
$3,971

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

One-time closing costs

Ontario land transfer tax
$9,955
Toronto municipal land transfer tax
$9,955
Estimated closing costs
$19,910

Plus your down payment of $134,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,608/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

$355,199Total interest paid
$894,399Total of all payments
Principal $539,200 Interest $355,199
YearPrincipalInterestBalance
1$12,033$23,743$527,167
2$12,579$23,197$514,588
3$13,150$22,626$501,438
4$13,747$22,029$487,691
5$14,371$21,405$473,320
6$15,024$20,752$458,296
7$15,706$20,070$442,590
8$16,419$19,357$426,171
9$17,165$18,611$409,006
10$17,944$17,832$391,062
11$18,759$17,017$372,303
12$19,610$16,166$352,693
13$20,501$15,275$332,192
14$21,432$14,344$310,760
15$22,405$13,371$288,356
16$23,422$12,354$264,934
17$24,485$11,291$240,448
18$25,597$10,179$214,851
19$26,759$9,017$188,092
20$27,974$7,802$160,117
21$29,245$6,531$130,873
22$30,572$5,204$100,301
23$31,960$3,816$68,340
24$33,412$2,364$34,929
25$34,929$847$0

At the end of your 5-year term

Total paid over the term
$178,880
Principal paid down
$65,880
Interest paid
$112,999
Balance remaining
$473,320

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
From 7 whole-home leases in Roncesvalles$3,146/mo
$37,752Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,894 to $3,398Typical rent range
~17 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 7 whole-home leases in Roncesvalles signed at a median of $3,150 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,146. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.6%
Gross yield
− Property tax $3,576− Condo fees $8,303− Insurance $600− Vacancy & upkeep $4,153Net operating income $21,121

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

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