701-31 Four Winds Drive, Toronto, ON

York University Heights, Toronto · MLS® W13835088

$489,900
For Sale
Listed 21 days agoNo offer date stated
2Bedrooms
1Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Updated West Facing 2+1 Bedroom Unit with a View.
  • Unit was completely updated approximately 6 years ago with new kitchen, bathroom and flooring throughout and a tiled balcony.

Updated West Facing 2+1 Bedroom Unit with a View! Unit was completely updated approximately 6 years ago with new kitchen, bathroom and flooring throughout and a tiled balcony. The home has been thoughtfully refreshed and is in excellent condition, making it an ideal choice for first-time buyers, downsizers, or anyone looking for a turnkey home. Located steps to Finch West station, the Finch LRT and to York University, this home is very centrally located and accessible.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13835088
Bedrooms
2
Bathrooms
1
Size
900-999 sq ft
Cross streets
Finch and Sentinal Rd
Parking
1 garage (underground)
Basement
None
Heating
Radiant
A/C
None
Exterior
Brick
Maintenance
$832/mo
Exposure
West
Property tax
$1,335 / 2026
Days on market
21
Listing brokerage
RE/MAX PROFESSIONALS INC.

Rooms

Bedroom 2Main2.67 × 4.41 m

laminate · closet · window

Dining RoomMain2.98 × 4.32 m

laminate · open concept

Living RoomMain5.42 × 3.22 m

laminate · w/o to balcony

BedroomMain3.32 × 4.41 m

laminate · closet · window

KitchenMain2.33 × 4.32 m

tile floor · quartz counter · breakfast area

LaundryMain2.41 × 1.52 m

Vinyl Floor

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 Elia 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

York University Heights, 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
Annex
$1.03M
North St. James Town
$649K
Kensington-Chinatown
$585K
Little Portugal
$549K

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 Derrydown Public School
34%
Derrydown Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 34% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
James Cardinal McGuigan Catholic High School · Catholic secondary0.4 km · 66% at standard
Lamberton Public School · Public elementary1.2 km · 63% at standard
Driftwood Public School · Public elementary1.4 km · 42% at standard
Topcliff Public School · Public elementary1.4 km · 34% at standard
Stilecroft Public School · Public elementary1.5 km · 60% at standard
Brookview Middle School · Public elementary1.6 km · 51% at standard
St Charles Garnier Catholic School · Catholic elementary1.6 km · 63% at standard
Shoreham Public School · Public elementary1.7 km · 54% at standard
St Jerome Catholic School · Catholic elementary1.8 km · 66% at standard
Gosford Public School · Public elementary1.9 km · 48% at standard
Yorkwoods Public School · Public elementary2.0 km · 16% at standard
St Francis de Sales Catholic School · Catholic elementary2.0 km · 38% at standard

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

Affordability & Mortgage

Affordability
$2,233/mo
$107KIncome needed
4.6×Price ÷ income
$515Weekly cost
$12,546Land 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.

70%mortgage
Mortgage $2,233Property tax $111Condo fee $832Total carry $3,176

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)
$2,167per month

Mortgage amount $391,920 · 4.49% over 25 years

$97,980Down payment (20.0%)
$391,920Loan before insurance
$0CMHC premium
$3,110Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,167
Property tax
$111
Condo / maintenance fees
$832
Heating
$0
Estimated monthly cost
$3,110

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

One-time closing costs

Ontario land transfer tax
$6,273
Toronto municipal land transfer tax
$6,273
Estimated closing costs
$12,546

Plus your down payment of $97,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,623/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

$258,178Total interest paid
$650,098Total of all payments
Principal $391,920 Interest $258,178
YearPrincipalInterestBalance
1$8,746$17,258$383,174
2$9,143$16,861$374,031
3$9,558$16,446$364,473
4$9,992$16,012$354,481
5$10,446$15,558$344,035
6$10,920$15,084$333,114
7$11,416$14,588$321,698
8$11,934$14,070$309,764
9$12,476$13,528$297,288
10$13,043$12,961$284,245
11$13,635$12,369$270,610
12$14,254$11,750$256,356
13$14,901$11,103$241,455
14$15,578$10,426$225,878
15$16,285$9,719$209,593
16$17,024$8,980$192,568
17$17,797$8,207$174,771
18$18,605$7,398$156,166
19$19,450$6,554$136,715
20$20,333$5,671$116,382
21$21,257$4,747$95,126
22$22,222$3,782$72,904
23$23,231$2,773$49,673
24$24,285$1,719$25,388
25$25,388$616$0

At the end of your 5-year term

Total paid over the term
$130,020
Principal paid down
$47,885
Interest paid
$82,134
Balance remaining
$344,035

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
4.2%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.

7.5%
Gross yield
− Property tax $1,335− Condo fees $9,979− Insurance $600− Vacancy & upkeep $4,026Net operating income $20,660

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

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