1509-5 San Romano Way, Toronto, ON

Black Creek, Toronto · MLS® W13830538

$449,000
For Sale
Listed 24 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Parking
900-999Sq ft

About this home

In short

  • Spacious & Well-Maintained 2-Bedroom, 2-Bathroom Condo Near Jane & Finch.
  • AAA Long-Term Tenant Currently Occupying The Unit And Willing To Stay, Providing An Excellent Option For Investors, Or Vacant Possession Can Be Arranged For End Users.

Spacious & Well-Maintained 2-Bedroom, 2-Bathroom Condo Near Jane & Finch! Functional Layout With West Exposure, Laminate Flooring Throughout, Granite Kitchen Countertops & Convenient Ensuite Laundry. Well-Maintained Building With Security System/Cameras & Exercise Room. Maintenance Fees Include Heat, Hydro, Water, Parking, , Building Insurance & Common Elements. AAA Long-Term Tenant Currently Occupying The Unit And Willing To Stay, Providing An Excellent Option For Investors, Or Vacant Possession Can Be Arranged For End Users. Conveniently Located Near Shopping, Library, Hospitals, York University, Public Transit, Subway & Everyday Amenities (Photos are from previous Listing )

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13830538
Bedrooms
2
Bathrooms
2 (1 half)
Size
900-999 sq ft
Cross streets
Jane/Finch
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Other
Exterior
Brick
Maintenance
$725/mo
Exposure
West
Property tax
$981 / 2025
Days on market
24
Listing brokerage
SKILL REALTY INC.

Rooms

Bedroom 2Main3.26 × 2.93 m

laminate · closet

Living RoomMain5.58 × 3.65 m

sunken room · laminate · w/o to balcony

KitchenMain3.52 × 2.43 m

ceramic floor · updated

Primary BedroomMain4.92 × 3.16 m

laminate · 2 pc ensuite

Dining RoomMain3.58 × 2.93 m

Laminate

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 Brookview Middle 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.

Bayview Village
$543K
Dovercourt-Wallace Emerson-Junction
$640K
Markland Wood
$680K
Little Portugal
$549K
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 Topcliff Public School
34%
Topcliff Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 34% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Driftwood Public School · Public elementary0.5 km · 42% at standard
St Francis de Sales Catholic School · Catholic elementary0.6 km · 38% at standard
Gosford Public School · Public elementary0.8 km · 48% at standard
Firgrove Public School · Public elementary0.8 km · 55% at standard
Yorkwoods Public School · Public elementary0.9 km · 16% at standard
Msgr Fraser College (Norfinch Campus) · Catholic secondary1.0 km
St Wilfrid Catholic School · Catholic elementary1.0 km · 74% at standard
Lamberton Public School · Public elementary1.1 km · 63% at standard
Shoreham Public School · Public elementary1.2 km · 54% at standard
C W Jefferys Collegiate Institute · Public secondary1.2 km · 44% at standard
Oakdale Park Middle School · Public elementary1.3 km · 55% at standard
St Augustine Catholic School · Catholic elementary1.3 km · 65% at standard

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

Affordability & Mortgage

Affordability
$2,046/mo
$97KIncome needed
4.6×Price ÷ income
$472Weekly cost
$10,910Land 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.

72%mortgage
Mortgage $2,046Property tax $82Condo fee $725Total carry $2,853

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)
$1,986per month

Mortgage amount $359,200 · 4.49% over 25 years

$89,800Down payment (20.0%)
$359,200Loan before insurance
$0CMHC premium
$2,793Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,986
Property tax
$82
Condo / maintenance fees
$725
Heating
$0
Estimated monthly cost
$2,793

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

One-time closing costs

Ontario land transfer tax
$5,455
Toronto municipal land transfer tax
$5,455
Estimated closing costs
$10,910

Plus your down payment of $89,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,404/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

$236,624Total interest paid
$595,824Total of all payments
Principal $359,200 Interest $236,624
YearPrincipalInterestBalance
1$8,016$15,817$351,184
2$8,380$15,453$342,804
3$8,760$15,073$334,044
4$9,158$14,675$324,886
5$9,574$14,259$315,312
6$10,008$13,824$305,304
7$10,463$13,370$294,841
8$10,938$12,895$283,903
9$11,435$12,398$272,468
10$11,954$11,879$260,515
11$12,497$11,336$248,018
12$13,064$10,769$234,954
13$13,657$10,176$221,297
14$14,277$9,556$207,020
15$14,925$8,908$192,095
16$15,603$8,230$176,492
17$16,312$7,521$160,180
18$17,052$6,781$143,128
19$17,826$6,007$125,302
20$18,636$5,197$106,666
21$19,482$4,351$87,184
22$20,366$3,467$66,817
23$21,291$2,542$45,526
24$22,258$1,575$23,268
25$23,268$564$0

At the end of your 5-year term

Total paid over the term
$119,165
Principal paid down
$43,888
Interest paid
$75,277
Balance remaining
$315,312

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$3,050/mo
$36,600Gross annual rent
5.0%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.

8.2%
Gross yield
− Property tax $981− Condo fees $8,700− Insurance $600− Vacancy & upkeep $4,026Net operating income $22,293

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

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