1101-15 James Finlay Way, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W13768278

$499,000
For Sale
Listed 39 days agoNo offer date stated
1+1Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • If your looking into investing or live in, this affordable 1 bed+inclosed large den w/closet (can turn into a bedroom) and 2 full bath won't disappoint you also with...
  • The location is ideal for commuters and city living, with easy access to Highway 401, TTC transit, Keele Street and Wilson Avenue, while parks, restaurants, shopping...

Your search is over!!! If your looking into investing or live in, this affordable 1 bed+inclosed large den w/closet (can turn into a bedroom) and 2 full bath won't disappoint you also with low maintenance fee! This well-positioned suite offers a comfortable and functional layout with dining space and plenty of natural light, making it an excellent choice for professionals, couples, first-time buyers, or investors. Enjoy modern condo living with convenient access to an impressive range of building amenities, including a gym, party/meeting room, concierge/security.The location is ideal for commuters and city living, with easy access to Highway 401, TTC transit, Keele Street and Wilson Avenue, while parks, restaurants, shopping and everyday conveniences are all close by such as schools, Hospitals and grocery stores.Yorkdale Shopping Centre and Downsview Park are also within easy reach.A great opportunity to enjoy comfortable living in a convenient North York location with excellent access to transportation and amenities. Relax on your cozy balcony for a sunset show. Don't miss the opportunity to make this condo your new home!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13768278
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
700-799 sq ft
Cross streets
Keele/Wilson
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$623/mo
Exposure
West
Property tax
$2,716 / 2026
Days on market
39
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Living RoomFlat3.63 × 5.36 m

open concept · combined w/dining · w/o to balcony

BathroomFlat1.83 × 2.38 m

4 Pc Bath

BedroomFlat3.05 × 4.18 m

mirrored closet · ensuite bath · window floor to ceiling

BathroomFlat2.41 × 2.23 m

4 Pc Ensuite

DenFlat2.56 × 2.47 m

large closet · glass doors · mirrored closet

Dining RoomFlat3.63 × 5.36 m

open concept · combined w/living · laminate

KitchenFlat3.63 × 2.74 m

stainless steel appl · granite counters · b/i dishwasher

Our TakeTeam Asgarian · Broker
A small discount is typical
$489Klikely sale price

Listed at $499,000. Going by how homes in Downsview-Roding-CFB and the wider GTA have actually closed against their asking prices (about 98%, 12 local closings in 90 days), the likely sale price is near $489K, if it sells. A realistic range is $460K to $529K.

Independent value check: $476K. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $443K and $500K).

Why $476K. The typical condo sold in Downsview-Roding-CFB over the past year went for about $500K (50 sales). What sets this one apart:

  • ▼ Lowers it1+1 bedrooms and 2 baths, against 2+1 and 2 typically.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $2,716 a year; the typical home sold here pays about $2,300.
  • ▲ Raises it slightlyIt is 700 to 799 sq ft; the typical home sold here is 600 to 699.
List price
$460KBelow recent closings$529KAbove recent closings

Total price vs nearby homes. Likely closing about $489K, from 12 recent closings in this pocket.

The market behind the math:

12sold nearby · 90 days
$500Kmedian sold price
98%of asking, on average
−3%prices vs a year ago
~32 dayshomes like this take to sell
39days on market so far
$2,459/moest. rent · 31 leases
5.9%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 8 months of inventory: 32 condo apartment homes for sale in the area against 12 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 $666/sqft against an area asking average of $676/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 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $438K. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

The assigned public school is Pierre Laporte Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 11 homes sold in this building over the past two years, from 116 closings in Downsview-Roding-CFB.

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

Downsview-Roding-CFB, 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.

Dovercourt-Wallace Emerson-Junction
$640K
Bayview Village
$526K
Kensington-Chinatown
$585K
North St. James Town
$765K
Niagara
$724K

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 Downsview Public School
70%
Downsview Public SchoolPublic · Elementary · 0.6 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Madonna Catholic Secondary School · Catholic secondary0.3 km · 60% at standard
St Raphael Catholic School · Catholic elementary0.8 km · 76% at standard
St Fidelis Catholic School · Catholic elementary1.1 km · 66% at standard
St Conrad Catholic School · Catholic elementary1.2 km · 72% at standard
Blaydon Public School · Public elementary1.2 km · 38% at standard
Ancaster Public School · Public elementary1.2 km · 47% at standard
Highview Public School · Public elementary1.5 km · 51% at standard
Maple Leaf Public School · Public elementary1.5 km · 42% at standard
St Francis Xavier Catholic School · Catholic elementary1.7 km · 64% at standard
Yorkdale Secondary School · Public secondary1.7 km
Tumpane Public School · Public elementary1.8 km · 55% at standard
Joyce Public School · Public elementary2.1 km · 64% at standard

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

Affordability & Mortgage

Affordability
$2,274/mo
$109KIncome needed
4.6×Price ÷ income
$525Weekly cost
$12,910Land 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.

73%mortgage
Mortgage $2,274Property tax $226Condo fee $623Total carry $3,124

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,207per month

Mortgage amount $399,200 · 4.49% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$3,057Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,207
Property tax
$226
Condo / maintenance fees
$623
Heating
$0
Estimated monthly cost
$3,057

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

One-time closing costs

Ontario land transfer tax
$6,455
Toronto municipal land transfer tax
$6,455
Estimated closing costs
$12,910

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,672/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

$262,974Total interest paid
$662,174Total of all payments
Principal $399,200 Interest $262,974
YearPrincipalInterestBalance
1$8,908$17,578$390,292
2$9,313$17,174$380,979
3$9,736$16,751$371,243
4$10,178$16,309$361,065
5$10,640$15,847$350,425
6$11,123$15,364$339,302
7$11,628$14,859$327,674
8$12,156$14,331$315,518
9$12,708$13,779$302,810
10$13,285$13,202$289,525
11$13,888$12,599$275,637
12$14,519$11,968$261,118
13$15,178$11,309$245,940
14$15,867$10,620$230,073
15$16,587$9,899$213,486
16$17,341$9,146$196,145
17$18,128$8,359$178,017
18$18,951$7,536$159,066
19$19,811$6,675$139,255
20$20,711$5,776$118,544
21$21,651$4,836$96,893
22$22,634$3,853$74,258
23$23,662$2,825$50,596
24$24,736$1,750$25,860
25$25,860$627$0

At the end of your 5-year term

Total paid over the term
$132,435
Principal paid down
$48,775
Interest paid
$83,660
Balance remaining
$350,425

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 31 whole-home leases in Downsview-Roding-CFB$2,459/mo
$29,508Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,336 to $2,582Typical rent range
~23 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 31 whole-home leases in Downsview-Roding-CFB signed at a median of $2,181 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,459. 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.

5.9%
Gross yield
− Property tax $2,716− Condo fees $7,477− Insurance $600− Vacancy & upkeep $3,246Net operating income $15,468

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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