405-57 Brock Avenue, Toronto, ON

Roncesvalles, Toronto · MLS® W13812590

$519,999
For Sale
Listed 27 days agoNo offer date stated
1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Welcome to Fifty Seven Brock, a boutique residence tucked just steps from the energy of Queen West.
  • Designed by RAW Design with sophisticated interiors by Tomas Pearce, this intimate 7-storey building offers contemporary architecture, beautifully considered common...

Welcome to Fifty Seven Brock, a boutique residence tucked just steps from the energy of Queen West. Designed by RAW Design with sophisticated interiors by Tomas Pearce, this intimate 7-storey building offers contemporary architecture, beautifully considered common spaces and an exceptional collection of amenities. Residents enjoy a fitness studio, stylish party and dining rooms, dedicated workspace, pet spa and expansive outdoor terraces complete with BBQs, lounge areas and a fire pit. All of this in one of Toronto's most vibrant and walkable neighbourhoods, surrounded by some of the city's best restaurants, cafés, shops, parks and transit.

Key facts

Property type
Condo Apartment, Loft
MLS®
W13812590
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
Brock and Queen
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Maintenance
$500/mo
Exposure
South
Property tax
$2,877 / 2025
Days on market
27
Listing brokerage
SAGE REAL ESTATE LIMITED

Rooms

Dining RoomMain3.10 × 2.00 m

4 pc bath · hardwood floor

Living RoomMain3.10 × 3.10 m

hardwood floor · w/o to balcony · large window

Primary BedroomMain2.80 × 3.10 m

hardwood floor · large window

KitchenMain2.20 × 3.00 m

granite counters · b/i appliances · hardwood floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$508Klikely sale price

Listed at $519,999. Going by how homes in Roncesvalles 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 $508K, if it sells. A realistic range is $479K to $550K.

Independent value check: $527K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $490K and $553K).

Why $527K. The typical condo sold in Roncesvalles over the past year went for about $730K (48 sales). What sets this one apart:

  • ▼ Lowers it stronglyIt is 500 to 599 sq ft; the typical home sold here is 700 to 799.
  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $2,877 a year; the typical home sold here pays about $3,400.
  • ▼ Lowers it slightly0 garage and 0 total parking spaces, against 1 and 1 typically.
  • ▲ Raises it slightlyIts maintenance fee is $500 a month; the typical unit sold here pays about $700.
List price
$479KBelow recent closings$550KAbove recent closings

Total price vs nearby homes. Likely closing about $508K, from 9 recent closings in this pocket.

The market behind the math:

9sold nearby · 90 days
$640Kmedian sold price
97%of asking, on average
−18%prices vs a year ago
~40 dayshomes like this take to sell
27days on market so far
$2,273/moest. rent · 12 leases
5.2%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 4 months of inventory: 12 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 $946/sqft against an area asking average of $970/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 $585K. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

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

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Roncesvalles, so I widened the search to the surrounding area.

Based on 8 homes sold in this building over the past two years, from 95 closings in Roncesvalles.

What sellers nearby are askingCurrently listed nearby in Roncesvalles · asking prices
$658kavg 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 $527K, which is where my estimate comes from.

Per square foot, these ask about $965/sqft; this home lists at $946/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
520kThis home599k674k700kThis 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

Roncesvalles, 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
$724K
Dovercourt-Wallace Emerson-Junction
$640K
Waterfront Communities C1
$610K
Kensington-Chinatown
$585K

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 Parkdale Junior and Senior Public School
51%
Parkdale Junior and Senior Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 51% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Alexander Muir/Gladstone Ave Junior and Senior Public School · Public elementary0.4 km · 73% at standard
The Grove Community School · Public elementary0.4 km
St Ambrose Catholic School · Catholic elementary0.4 km · 85% at standard
City View Alternative Senior School · Public elementary0.6 km
Shirley Street Junior Public School · Public elementary0.6 km · 70% at standard
Holy Family Catholic School · Catholic elementary0.6 km · 45% at standard
Dr. Rita Cox – Kina Minogok Public School · Public elementary0.8 km · 56% at standard
Msgr Fraser College (Southwest) · Catholic secondary1.0 km
Fern Avenue Junior and Senior Public School · Public elementary1.1 km · 75% at standard
Brock Public School · Public elementary1.1 km · 81% at standard
St Vincent de Paul Catholic School · Catholic elementary1.2 km · 83% at standard
Givins/Shaw Junior Public School · Public elementary1.3 km · 81% at standard

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

Affordability & Mortgage

Affordability
$2,370/mo
$111KIncome needed
4.7×Price ÷ income
$547Weekly cost
$13,750Land 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.

76%mortgage
Mortgage $2,370Property tax $240Condo fee $500Total carry $3,109

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)
$2,300per month

Mortgage amount $415,999 · 4.49% over 25 years

$104,000Down payment (20.0%)
$415,999Loan before insurance
$0CMHC premium
$3,040Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,300
Property tax
$240
Condo / maintenance fees
$500
Heating
$0
Estimated monthly cost
$3,040

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

One-time closing costs

Ontario land transfer tax
$6,875
Toronto municipal land transfer tax
$6,875
Estimated closing costs
$13,750

Plus your down payment of $104,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,784/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

$274,040Total interest paid
$690,039Total of all payments
Principal $415,999 Interest $274,040
YearPrincipalInterestBalance
1$9,283$18,318$406,716
2$9,705$17,897$397,011
3$10,145$17,456$386,866
4$10,606$16,995$376,259
5$11,088$16,514$365,172
6$11,591$16,010$353,581
7$12,117$15,484$341,463
8$12,668$14,934$328,796
9$13,243$14,359$315,553
10$13,844$13,758$301,709
11$14,473$13,129$287,236
12$15,130$12,472$272,107
13$15,817$11,785$256,290
14$16,535$11,067$239,755
15$17,286$10,316$222,470
16$18,070$9,531$204,400
17$18,891$8,711$185,509
18$19,749$7,853$165,760
19$20,645$6,956$145,115
20$21,583$6,019$123,533
21$22,562$5,039$100,970
22$23,587$4,015$77,383
23$24,658$2,944$52,725
24$25,777$1,824$26,948
25$26,948$654$0

At the end of your 5-year term

Total paid over the term
$138,008
Principal paid down
$50,827
Interest paid
$87,180
Balance remaining
$365,172

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 12 whole-home leases in Roncesvalles$2,273/mo
$27,276Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,159 to $2,444Typical rent range
~17 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 12 whole-home leases in Roncesvalles signed at a median of $2,546 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,273. 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.

5.2%
Gross yield
− Property tax $2,877− Condo fees $5,995− Insurance $600− Vacancy & upkeep $3,000Net operating income $14,804

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SAGE REAL ESTATE LIMITED. MLS®/PropTx.

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