416-20 Joe Shuster Way, Toronto, ON

South Parkdale, Toronto · MLS® W13797036

$439,800
For Sale
Listed 32 days agoNo offer date stated
Request a showing
◎ Directions
1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • A Little Slice of Liberty.
  • This bright southwest-facing suite offers 520 square feet of smartly planned living space in the heart of Liberty Village.
  • The wide layout features an open-concept kitchen with granite countertops, dark cabinetry, a glass tile backsplash and stainless steel appliances.
  • Steps to neighbourhood favourites, shops, parks and TTC, with easy access to the Gardiner.

A Little Slice of Liberty! This bright southwest-facing suite offers 520 square feet of smartly planned living space in the heart of Liberty Village. The wide layout features an open-concept kitchen with granite countertops, dark cabinetry, a glass tile backsplash and stainless steel appliances. Wall-to-wall windows fill the living room with natural light, while sliding glass doors lead to a private covered balcony. The fully enclosed bedroom includes a frosted sliding door and walk-in closet. A four-piece bathroom, built-in storage, in-suite laundry and one underground parking space complete the package. Fuzion Condos offers an exercise room, library, rooftop terrace, meeting rooms, guest suites, visitor parking and bike parking. Steps to neighbourhood favourites, shops, parks and TTC, with easy access to the Gardiner.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13797036
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
King West/Joe Shuster
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$519/mo
Exposure
South West
Property tax
$2,280 / 2026
Days on market
32
Listing brokerage
Royal LePage Real Estate Associates

Rooms

Dining RoomMain3.80 × 3.12 m

open concept · combined w/living

Living RoomGround5.43 × 3.86 m

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

Dining RoomGround5.43 × 3.86 m

combined w/living · open concept

BathroomGround
Primary BedroomGround2.92 × 2.60 m

Walk-In Closet(s)

Living RoomMain3.80 × 3.12 m

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

KitchenMain4.40 × 2.71 m

granite counters · stainless steel appl · backsplash

BedroomMain3.23 × 2.61 m

walk-in closet(s) · double doors

KitchenGround5.43 × 3.86 m

stainless steel appl · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$425Klikely sale price

Listed at $439,800. Going by how homes in South Parkdale and the wider GTA have actually closed against their asking prices (about 97%, 14 local closings in 90 days), the likely sale price is near $425K, if it sells. A realistic range is $401K to $460K.

Independent value check: $457K. Without looking at the asking price, our model values the home itself about 4% above the ask (homes like it typically land between $425K and $481K).

Why $457K. The typical condo sold in South Parkdale over the past year went for about $518K (43 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $2,280 a year; the typical home sold here pays about $2,800.
  • ▼ Lowers itIt is 500 to 599 sq ft; the typical home sold here is 600 to 699.
List price
$401KBelow recent closings$460KAbove recent closings

Total price vs nearby homes. Likely closing about $425K, from 14 recent closings in this pocket.

The market behind the math:

14sold nearby · 90 days
$594Kmedian sold price
94%of asking, on average
+7%prices vs a year ago
~34 dayshomes like this take to sell
32days on market so far
$2,043/moest. rent · 28 leases
5.6%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.6 months of inventory: 26 condo apartment homes for sale in the area against 14 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 $800/sqft against an area asking average of $899/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 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $409K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

Its public catchment (Alexander Muir/Gladstone Ave Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 10 homes sold in this building over the past two years, from 120 closings in South Parkdale.

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

South Parkdale, 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.

Niagara
$724K
Waterfront Communities C1
$610K
Kensington-Chinatown
$585K
Dovercourt-Wallace Emerson-Junction
$640K
Church-Yonge Corridor
$529K

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 Alexander Muir/Gladstone Ave Junior and Senior Public School
73%
Alexander Muir/Gladstone Ave Junior and Senior Public SchoolPublic · Elementary · 0.7 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Msgr Fraser College (Southwest) · Catholic secondary0.7 km
The Grove Community School · Public elementary0.7 km
Givins/Shaw Junior Public School · Public elementary0.9 km · 81% at standard
Dr. Rita Cox – Kina Minogok Public School · Public elementary1.0 km · 56% at standard
St Ambrose Catholic School · Catholic elementary1.1 km · 85% at standard
Parkdale Junior and Senior Public School · Public elementary1.1 km · 51% at standard
Pope Francis Catholic School · Catholic elementary1.3 km · 67% at standard
Niagara Street Junior Public School · Public elementary1.4 km · 82% at standard
City View Alternative Senior School · Public elementary1.4 km
Shirley Street Junior Public School · Public elementary1.4 km · 70% at standard
Ossington/Old Orchard Junior Public School · Public elementary1.4 km · 88% at standard
Charles G Fraser Junior Public School · Public elementary1.5 km · 74% at standard

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

Affordability & Mortgage

Affordability
$2,004/mo
$96KIncome needed
4.6×Price ÷ income
$463Weekly cost
$10,542Land 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.

74%mortgage
Mortgage $2,004Property tax $190Condo fee $519Total carry $2,713

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)
$1,945per month

Mortgage amount $351,840 · 4.49% over 25 years

$87,960Down payment (20.0%)
$351,840Loan before insurance
$0CMHC premium
$2,654Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,945
Property tax
$190
Condo / maintenance fees
$519
Heating
$0
Estimated monthly cost
$2,654

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

One-time closing costs

Ontario land transfer tax
$5,271
Toronto municipal land transfer tax
$5,271
Estimated closing costs
$10,542

Plus your down payment of $87,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,355/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

$231,775Total interest paid
$583,615Total of all payments
Principal $351,840 Interest $231,775
YearPrincipalInterestBalance
1$7,852$15,493$343,988
2$8,208$15,137$335,780
3$8,581$14,764$327,200
4$8,970$14,374$318,229
5$9,378$13,967$308,852
6$9,803$13,541$299,048
7$10,249$13,096$288,800
8$10,714$12,631$278,086
9$11,200$12,144$266,886
10$11,709$11,636$255,177
11$12,240$11,104$242,936
12$12,796$10,548$230,140
13$13,377$9,967$216,763
14$13,985$9,360$202,778
15$14,620$8,725$188,159
16$15,283$8,061$172,875
17$15,977$7,367$156,898
18$16,703$6,642$140,195
19$17,461$5,884$122,734
20$18,254$5,091$104,480
21$19,083$4,262$85,397
22$19,949$3,395$65,448
23$20,855$2,490$44,593
24$21,802$1,543$22,792
25$22,792$553$0

At the end of your 5-year term

Total paid over the term
$116,723
Principal paid down
$42,988
Interest paid
$73,735
Balance remaining
$308,852

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 28 whole-home leases in South Parkdale$2,043/mo
$24,516Gross annual rent
2.9%Cap rate after taxes and upkeep
$1,941 to $2,145Typical rent range
~25 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 28 whole-home leases in South Parkdale signed at a median of $2,324 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,043. 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 $2,280− Condo fees $6,222− Insurance $600− Vacancy & upkeep $2,697Net operating income $12,717

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Real Estate Associates. MLS®/PropTx.

CallRequest a showing