614-530 Indian Grove, Toronto, ON

Junction Area, Toronto · MLS® W13769044

$925,000
For Sale
Listed 39 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • An iconic sophisticated residence at Duke Condominiums.
  • This exceptional, two-bedroom suite offers an unparalleled living experience, highlighted by a rare 234-sqft south-facing private terrace with breathtaking...
  • The expansive principal living spaces feature soaring ceilings and seamless indoor-outdoor flow, making them ideal for both everyday living and sophisticated...
  • The stunning Scavolini chef's kitchen is beautifully appointed with integrated premium appliances, sleek stone countertops, and custom cabinetry, opening effortlessly...
  • Step outside to your private terrace oasis featuring spectacular lake views a natural gas connection for grilling and a convenient hose bib creating the perfect...

An iconic sophisticated residence at Duke Condominiums. This exceptional, two-bedroom suite offers an unparalleled living experience, highlighted by a rare 234-sqft south-facing private terrace with breathtaking, unobstructed lake views. Meticulously curated and impeccably maintained, every detail reflects superior craftsmanship, refined design, and contemporary elegance. Floor-to-ceiling windows and a coveted southern exposure flood the residence with natural light, creating an airy and inviting atmosphere throughout. The expansive principal living spaces feature soaring ceilings and seamless indoor-outdoor flow, making them ideal for both everyday living and sophisticated entertaining. The stunning Scavolini chef's kitchen is beautifully appointed with integrated premium appliances, sleek stone countertops, and custom cabinetry, opening effortlessly into the spacious living & dining areas. The serene primary retreat features a large double closet with custom organizers and a luxurious spa-inspired four-piece ensuite complete with a glass-enclosed shower and rainfall showerhead. The generously sized second bedroom offers two ample closets and exceptional flexibility as a guest suite, family bedroom, or executive home office. A beautifully appointed second bathroom with designer finishes completes the interior. Step outside to your private terrace oasis featuring spectacular lake views a natural gas connection for grilling and a convenient hose bib creating the perfect setting for outdoor dining and relaxation. Additional upgrades include designer lighting and custom wall coverings from renowned luxury brands, including Gucci. Situated in one of Toronto's most vibrant neighborhoods with steps to restaurants, cafes, boutiques and amenities of The Junction, as well as the West Railpath, High Park, Roncesvalles Village, TTC, UP Express, GO Transit, Martin Goodman Trail and The Gardiner Expressway. A rare opportunity to own a terraced suite at Duke Condominiums!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13769044
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Dundas Street West & Indian Grove
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$647/mo
Exposure
South
Property tax
$3,392 / 2026
Days on market
39
Listing brokerage
RE/MAX HALLMARK BIBBY GROUP REALTY

Rooms

Bedroom 2Main2.84 × 3.05 m

hardwood floor · large closet · sliding doors

KitchenMain4.95 × 5.54 m

hardwood floor · b/i appliances · modern kitchen

Primary BedroomMain2.98 × 3.21 m

hardwood floor · closet organizers · 4 pc ensuite

Dining RoomMain4.95 × 5.54 m

hardwood floor · open concept · south view

Living RoomMain4.95 × 5.54 m

hardwood floor · w/o to terrace · south view

Our TakeTeam Asgarian · Broker
A small discount is typical
$904Klikely sale price

Listed at $925,000. Going by how homes in Junction Area 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 $904K, if it sells. A realistic range is $851K to $978K.

Independent value check: $742K. Without looking at the asking price, our model values the home itself about 20% below the ask (homes like it typically land between $690K and $779K).

Why $742K. The typical condo sold in Junction Area over the past year went for about $590K (46 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,392 a year; the typical home sold here pays about $2,800.
  • ▲ Raises it2 bedrooms and 2 baths, against 2+1 and 1 typically.
  • ▲ Raises itIt is 700 to 799 sq ft; the typical home sold here is 650 to 749.
List price
$851KBelow recent closings$978KAbove recent closings

Total price vs nearby homes. Likely closing about $904K, from 9 recent closings in this pocket.

The market behind the math:

9sold nearby · 90 days
$642Kmedian sold price
98%of asking, on average
−5%prices vs a year ago
~32 dayshomes like this take to sell
39days on market so far
$2,733/moest. rent · 10 leases
3.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 9 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 $1,234/sqft against an area asking average of $858/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 $640K. 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Humberside Collegiate Institute, 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.

Based on 6 homes sold in this building over the past two years, from 85 closings in Junction Area.

What sellers nearby are askingCurrently listed nearby in Junction Area · asking prices
$582kavg 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 $742K, which is where my estimate comes from.

Per square foot, these ask about $896/sqft; this home lists at $1,234/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
925kThis home585k580k580kThis 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

Junction Area, 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
Niagara
$724K
Kensington-Chinatown
$585K
Waterfront Communities C1
$610K
North St. James Town
$765K

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 Humberside Collegiate Institute
88%
Humberside Collegiate InstitutePublic · Secondary · 0.9 km awayHigher-rated than most nearby · 88% meet the provincial standard
Lucy McCormick Senior SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Indian Road Crescent Junior Public School · Public elementary0.4 km · 88% at standard
St Rita Catholic School · Catholic elementary0.5 km · 73% at standard
Carleton Village Junior and Senior Public School · Public elementary0.8 km · 42% at standard
St Luigi Catholic School · Catholic elementary0.9 km · 36% at standard
Keele Street Public School · Public elementary0.9 km · 82% at standard
Mountview Alternative School School · Public elementary0.9 km · 83% at standard
Perth Avenue Junior Public School · Public elementary0.9 km · 77% at standard
Annette Street Junior and Senior Public School · Public elementary0.9 km · 81% at standard
High Park Alternative School Junior · Public elementary0.9 km · 82% at standard
St Paul VI Catholic School · Catholic elementary1.1 km · 76% at standard
Bishop Marrocco/Thomas Merton Catholic Secondary School · Catholic secondary1.3 km · 55% at standard
Ursula Franklin Academy · Public secondary1.3 km · 92% at standard

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

Affordability & Mortgage

Affordability
$4,216/mo
$185KIncome needed
5.0×Price ÷ income
$973Weekly cost
$29,950Land 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.

82%mortgage
Mortgage $4,216Property tax $283Condo fee $647Total carry $5,145

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)
$4,092per month

Mortgage amount $740,000 · 4.49% over 25 years

$185,000Down payment (20.0%)
$740,000Loan before insurance
$0CMHC premium
$5,021Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,092
Property tax
$283
Condo / maintenance fees
$647
Heating
$0
Estimated monthly cost
$5,021

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

One-time closing costs

Ontario land transfer tax
$14,975
Toronto municipal land transfer tax
$14,975
Estimated closing costs
$29,950

Plus your down payment of $185,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,952/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

$487,476Total interest paid
$1,227,476Total of all payments
Principal $740,000 Interest $487,476
YearPrincipalInterestBalance
1$16,514$32,585$723,486
2$17,263$31,836$706,223
3$18,047$31,052$688,176
4$18,867$30,232$669,309
5$19,723$29,376$649,586
6$20,619$28,480$628,967
7$21,555$27,544$607,412
8$22,534$26,565$584,878
9$23,557$25,542$561,321
10$24,626$24,473$536,695
11$25,745$23,355$510,950
12$26,913$22,186$484,037
13$28,135$20,964$455,902
14$29,413$19,686$426,489
15$30,748$18,351$395,740
16$32,144$16,955$363,596
17$33,604$15,495$329,992
18$35,130$13,969$294,863
19$36,725$12,374$258,138
20$38,392$10,707$219,746
21$40,135$8,964$179,610
22$41,958$7,141$137,653
23$43,863$5,236$93,790
24$45,854$3,245$47,936
25$47,936$1,163$0

At the end of your 5-year term

Total paid over the term
$245,495
Principal paid down
$90,414
Interest paid
$155,081
Balance remaining
$649,586

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 10 whole-home leases in Junction Area$2,733/mo
$32,796Gross annual rent
1.9%Cap rate after taxes and upkeep
$2,514 to $2,951Typical rent range
~24 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 10 whole-home leases in Junction Area signed at a median of $2,191 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,733. 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.

3.5%
Gross yield
− Property tax $3,392− Condo fees $7,762− Insurance $600− Vacancy & upkeep $3,608Net operating income $17,435

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK BIBBY GROUP REALTY. MLS®/PropTx.

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