404-2 Old Mill Drive, Toronto, ON

High Park-Swansea, Toronto · MLS® W13807314

$869,000
For Sale
Listed 29 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
2Garage
700-799Sq ft

About this home

In short

  • Great Bloor west village location.
  • This building has a fantastic roof top garden and BBQ area, a salt water pool, a whirlpool, a yoga room and 2 guest suites.
  • There are 2 parking spots owned with one of them having an EV charging station.

Great Bloor west village location. This building has a fantastic roof top garden and BBQ area, a salt water pool, a whirlpool, a yoga room and 2 guest suites. Full conciege and security . There are 2 parking spots owned with one of them having an EV charging station.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13807314
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
700-799 sq ft
Cross streets
Jane and Bloor
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete Poured
Maintenance
$1,019/mo
Exposure
North East
Property tax
$4,183 / 2026
Days on market
29
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Dining RoomFlat7.02 × 3.05 m

Combined w/Dining

BedroomFlat3.66 × 3.05 m

4 pc ensuite · large window · walk-in closet(s)

Living RoomFlat7.02 × 3.05 m

combined w/dining · walk-out

DenFlat2.80 × 2.44 m
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

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.

What sellers nearby are askingCurrently listed nearby in High Park-Swansea · asking prices
$605kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $856/sqft; this home lists at $1,159/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
869kThis home729k520k680k550k545kThis home vs active comparables

Neighbourhood & location

High Park-Swansea, 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
Niagara
$727K
Kensington-Chinatown
$585K
Annex
$1.03M
Waterfront Communities C1
$691K

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 Swansea Junior and Senior Public School
78%
Swansea Junior and Senior Public SchoolPublic · Elementary · 0.9 km awayAbove the GTA average · 78% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Runnymede Junior and Senior Public School · Public elementary1.2 km · 92% at standard
Park Lawn Junior and Middle School · Public elementary1.4 km · 71% at standard
Étienne Brûlé Junior School · Public elementary1.4 km · 79% at standard
The Student School · Public secondary1.4 km
Ursula Franklin Academy · Public secondary1.4 km · 92% at standard
Western Technical & Commercial School · Public secondary1.4 km · 68% at standard
Humbercrest Public School · Public elementary1.4 km · 80% at standard
James Culnan Catholic School · Catholic elementary1.4 km · 64% at standard
St Mark Catholic School · Catholic elementary1.5 km · 59% at standard
King George Junior Public School · Public elementary1.7 km · 91% at standard
Runnymede Collegiate Institute · Public secondary1.7 km · 46% at standard
St Cecilia Catholic School · Catholic elementary1.7 km · 82% at standard

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

Affordability & Mortgage

Affordability
$3,961/mo
$184KIncome needed
4.7×Price ÷ income
$914Weekly cost
$27,710Land 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 $3,961Property tax $349Condo fee $1,019Total carry $5,329

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)
$3,844per month

Mortgage amount $695,200 · 4.49% over 25 years

$173,800Down payment (20.0%)
$695,200Loan before insurance
$0CMHC premium
$5,211Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,844
Property tax
$349
Condo / maintenance fees
$1,019
Heating
$0
Estimated monthly cost
$5,211

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

One-time closing costs

Ontario land transfer tax
$13,855
Toronto municipal land transfer tax
$13,855
Estimated closing costs
$27,710

Plus your down payment of $173,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,652/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

$457,964Total interest paid
$1,153,164Total of all payments
Principal $695,200 Interest $457,964
YearPrincipalInterestBalance
1$15,514$30,613$679,686
2$16,218$29,908$663,468
3$16,955$29,172$646,513
4$17,724$28,402$628,789
5$18,529$27,597$610,259
6$19,371$26,756$590,889
7$20,250$25,877$570,639
8$21,169$24,957$549,469
9$22,131$23,996$527,339
10$23,135$22,991$504,203
11$24,186$21,941$480,017
12$25,284$20,842$454,733
13$26,432$19,695$428,301
14$27,632$18,494$400,669
15$28,887$17,240$371,782
16$30,198$15,928$341,584
17$31,569$14,557$310,014
18$33,003$13,124$277,011
19$34,501$11,625$242,510
20$36,068$10,059$206,442
21$37,705$8,421$168,737
22$39,417$6,709$129,319
23$41,207$4,919$88,112
24$43,078$3,048$45,034
25$45,034$1,093$0

At the end of your 5-year term

Total paid over the term
$230,633
Principal paid down
$84,941
Interest paid
$145,692
Balance remaining
$610,259

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$2,400/mo
$28,800Gross annual rent
1.0%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.

3.3%
Gross yield
− Property tax $4,183− Condo fees $12,233− Insurance $600− Vacancy & upkeep $3,168Net operating income $8,615

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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