2105-234 Albion Road, Toronto, ON

Elms-Old Rexdale, Toronto · MLS® W13812532

$379,999
For Sale
Listed 24 days agoNo offer date stated
Request a showing
◎ Directions
3Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Bright and spacious 3 bedroom sub-penthouse condo in a prime location.
  • This large, beautifully upgraded unit boasts a newly renovated kitchen (2026) which overlooks the living/dining rooms and is perfect for entertaining.
  • The layout includes a large primary bedroom with an updated ensuite powder room, plus 2 additional generous bedrooms.
  • Perfectly situated for ultimate convenience, close to shops and enjoy rapid access to highway 401.
  • Some of the condo's many amenities include front desk concierge service, sauna, outdoor pool, gym and more.

Bright and spacious 3 bedroom sub-penthouse condo in a prime location. This large, beautifully upgraded unit boasts a newly renovated kitchen (2026) which overlooks the living/dining rooms and is perfect for entertaining. Flooded with natural light, the living room features new flooring, modern blinds, and elegant crown molding. The layout includes a large primary bedroom with an updated ensuite powder room, plus 2 additional generous bedrooms. Perfectly situated for ultimate convenience, close to shops and enjoy rapid access to highway 401. All-inclusive maintenance fees cover heat, hydro and water. Some of the condo's many amenities include front desk concierge service, sauna, outdoor pool, gym and more. With over 1200 sf, this home offers great value and is a perfect fit for first time buyers and growing families. Don't miss out!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13812532
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399 sq ft
Cross streets
Albion and Weston Road
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,291/mo
Exposure
South West
Property tax
$974 / 2026
Days on market
24
Listing brokerage
CENTURY 21 REGAL REALTY INC.
Our TakeTeam Asgarian · Broker
In line with recent sales
$384Kautomated estimate, from recent sales

Listed at $379,999, about 1% below our estimate of $384K (homes like it typically land between $358K and $404K).

Why $384K. The typical condo sold in Elms-Old Rexdale over the past year went for about $382K (23 sales). What sets this one apart:

  • ▲ Raises itIt is 1,200 to 1,399 sq ft; the typical home sold here is 1,000 to 1,199.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers itIts maintenance fee is $1,291 a month; the typical unit sold here pays about $1,060.
List price
$358KBelow our range$404KAbove our range

Total price vs nearby homes. Fair value about $384K, learned from recent GTA sales.

The market behind the math:

4sold nearby · 90 days
24days on market so far
$3,279/moest. rent · 16 leases
10.4%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 11.3 months of inventory: 15 condo apartment homes for sale in the area against 4 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 $292/sqft against an area asking average of $379/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 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $435K. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Braeburn Junior 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 17 homes sold in this building over the past two years, from 42 closings in Elms-Old Rexdale.

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,798 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$540K879

Neighbourhood & location

Elms-Old Rexdale, 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.

Islington-City Centre West
$451K
High Park-Swansea
$399K
Mimico
$649K
Niagara
$645K
Bay Street Corridor
$686K

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 Braeburn Junior School
61%
Braeburn Junior SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 61% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Simon Catholic School · Catholic elementary0.7 km · 67% at standard
Elmlea Junior School · Public elementary0.7 km · 46% at standard
St Basil-the-Great College School · Catholic secondary1.1 km · 58% at standard
Caring and Safe School 1 · Public secondary1.8 km
Gulfstream Public School · Public elementary2.0 km · 77% at standard
St John Vianney Catholic School · Catholic elementary2.1 km · 68% at standard
St Jude Catholic School · Catholic elementary2.2 km · 56% at standard
St Andre Catholic School · Catholic elementary2.2 km · 66% at standard
Monsignor Percy Johnson Catholic High School · Catholic secondary2.2 km · 65% at standard
Dante Alighieri Academy · Catholic secondary2.2 km · 55% at standard
School of Experiential Education · Public secondary2.2 km
Rivercrest Junior School · Public elementary2.2 km · 59% at standard

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

Affordability & Mortgage

Affordability
$1,732/mo
$96KIncome needed
4.0×Price ÷ income
$400Weekly cost
$8,350Land 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.

56%mortgage
Mortgage $1,732Property tax $81Condo fee $1,291Total carry $3,104

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,681per month

Mortgage amount $303,999 · 4.49% over 25 years

$76,000Down payment (20.0%)
$303,999Loan before insurance
$0CMHC premium
$3,053Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,681
Property tax
$81
Condo / maintenance fees
$1,291
Heating
$0
Estimated monthly cost
$3,053

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

One-time closing costs

Ontario land transfer tax
$4,175
Toronto municipal land transfer tax
$4,175
Estimated closing costs
$8,350

Plus your down payment of $76,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,034/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

$200,260Total interest paid
$504,259Total of all payments
Principal $303,999 Interest $200,260
YearPrincipalInterestBalance
1$6,784$13,386$297,215
2$7,092$13,078$290,123
3$7,414$12,756$282,709
4$7,751$12,420$274,959
5$8,103$12,068$266,856
6$8,470$11,700$258,386
7$8,855$11,315$249,531
8$9,257$10,913$240,274
9$9,677$10,493$230,596
10$10,117$10,054$220,480
11$10,576$9,594$209,903
12$11,056$9,114$198,847
13$11,558$8,612$187,289
14$12,083$8,087$175,206
15$12,632$7,539$162,574
16$13,205$6,965$149,369
17$13,805$6,366$135,564
18$14,432$5,739$121,132
19$15,087$5,084$106,046
20$15,772$4,399$90,274
21$16,488$3,682$73,786
22$17,237$2,934$56,549
23$18,019$2,151$38,530
24$18,837$1,333$19,693
25$19,693$478$0

At the end of your 5-year term

Total paid over the term
$100,852
Principal paid down
$37,143
Interest paid
$63,709
Balance remaining
$266,856

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 16 whole-home leases in Elms-Old Rexdale$3,279/mo
$39,348Gross annual rent
4.7%Cap rate after taxes and upkeep
$3,115 to $3,443Typical rent range

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 16 whole-home leases in Elms-Old Rexdale signed at a median of $2,729 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,279. 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.

10.4%
Gross yield
− Property tax $974− Condo fees $15,493− Insurance $600− Vacancy & upkeep $4,328Net operating income $17,952

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 REGAL REALTY INC.. MLS®/PropTx.

CallRequest a showing