503-4689 Jane Street, Toronto, ON

Black Creek, Toronto · MLS® W13805098

$280,000
For Sale
Listed 31 days agoNo offer date stated
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2Bedrooms
1Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Bright and spacious 2-bedroom, 1-bathroom condo in a prime, convenient location.
  • Ideally located close to York University, public transit, shopping, dining, and everyday amenities.

Bright and spacious 2-bedroom, 1-bathroom condo in a prime, convenient location! Enjoy the ultimate convenience of an in-suite laundry, parking space and locker with a supermarket just steps away and a bus stop right at your doorstep. Ideally located close to York University, public transit, shopping, dining, and everyday amenities. A fantastic opportunity for students, professionals, or anyone looking for comfort and convenience at an unbeatable price. Don't miss out-this one won't last!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13805098
Bedrooms
2
Bathrooms
1
Size
800-899 sq ft
Cross streets
Jane/Steeles
Parking
1 garage (underground)
Basement
None
Heating
Radiant
A/C
None
Exterior
Concrete, Brick
Maintenance
$810/mo
Exposure
East
Property tax
$300 / 2025
Days on market
31
Listing brokerage
RIGHT AT HOME REALTY

Rooms

KitchenFlat2.95 × 2.30 m
Living RoomFlat8.12 × 3.25 m

combined w/dining · w/o to balcony

Dining RoomFlat8.12 × 3.25 m

Combined w/Living

Bedroom 2Flat3.60 × 2.75 m

Closet

Primary BedroomFlat3.30 × 3.30 m

Closet

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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

Neighbourhood & location

Black Creek, 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.

Yorkdale-Glen Park
$631K
Bayview Village
$540K
Mount Pleasant West
$858K
Annex
$1.09M
Markland Wood
$749K

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 Shoreham Public School
54%
Shoreham Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 54% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Blacksmith Public School · Public elementary0.5 km · 50% at standard
Gosford Public School · Public elementary0.8 km · 48% at standard
St Charles Garnier Catholic School · Catholic elementary1.0 km · 63% at standard
Driftwood Public School · Public elementary1.0 km · 42% at standard
Msgr Fraser College (Norfinch Campus) · Catholic secondary1.6 km
St Wilfrid Catholic School · Catholic elementary1.9 km · 74% at standard
St Francis de Sales Catholic School · Catholic elementary1.9 km · 38% at standard
Topcliff Public School · Public elementary1.9 km · 34% at standard
Firgrove Public School · Public elementary2.1 km · 55% at standard
C W Jefferys Collegiate Institute · Public secondary2.2 km · 44% at standard
Yorkwoods Public School · Public elementary2.3 km · 16% at standard
James Cardinal McGuigan Catholic High School · Catholic secondary2.3 km · 66% at standard

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

Affordability & Mortgage

Affordability
$1,276/mo
$68KIncome needed
4.1×Price ÷ income
$294Weekly cost
$5,350Land 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.

60%mortgage
Mortgage $1,276Property tax $25Condo fee $810Total carry $2,111

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)
$1,239per month

Mortgage amount $224,000 · 4.49% over 25 years

$56,000Down payment (20.0%)
$224,000Loan before insurance
$0CMHC premium
$2,074Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,239
Property tax
$25
Condo / maintenance fees
$810
Heating
$0
Estimated monthly cost
$2,074

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

One-time closing costs

Ontario land transfer tax
$2,675
Toronto municipal land transfer tax
$2,675
Estimated closing costs
$5,350

Plus your down payment of $56,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,499/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

$147,560Total interest paid
$371,560Total of all payments
Principal $224,000 Interest $147,560
YearPrincipalInterestBalance
1$4,999$9,864$219,001
2$5,226$9,637$213,776
3$5,463$9,399$208,313
4$5,711$9,151$202,602
5$5,970$8,892$196,631
6$6,241$8,621$190,390
7$6,525$8,338$183,865
8$6,821$8,041$177,044
9$7,131$7,732$169,913
10$7,454$7,408$162,459
11$7,793$7,069$154,666
12$8,147$6,716$146,519
13$8,517$6,346$138,003
14$8,903$5,959$129,099
15$9,308$5,555$119,792
16$9,730$5,132$110,062
17$10,172$4,690$99,890
18$10,634$4,229$89,256
19$11,117$3,746$78,139
20$11,621$3,241$66,518
21$12,149$2,713$54,369
22$12,701$2,162$41,668
23$13,277$1,585$28,391
24$13,880$982$14,510
25$14,510$352$0

At the end of your 5-year term

Total paid over the term
$74,312
Principal paid down
$27,369
Interest paid
$46,943
Balance remaining
$196,631

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
Estimate$2,700/mo
$32,400Gross annual rent
6.5%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates 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.

11.6%
Gross yield
− Property tax $300− Condo fees $9,720− Insurance $600− Vacancy & upkeep $3,564Net operating income $18,216

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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