1205-234 Albion Road, Toronto, ON

Elms-Old Rexdale, Toronto · MLS® W13840172

$358,888
For Sale
Listed 16 days agoNo offer date stated
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3Bedrooms
2Bathrooms
2Garage
1200-1399Sq ft

About this home

In short

  • Welcome to Suite 1205-234 Albion Road.
  • This bright 3-bedroom, 2-bathroom suite offers of well-laid-out living space with a beautiful balcony view.
  • Residents enjoy access to a full suite of building amenities, including an outdoor pool, gym, sauna, party room, and rec room, plus ample visitor parking.
  • Ideally located close to Humber College, Albion Centre, transit, and quick access to Highway 27 and the 401 - perfect for commuters and investors alike.

Welcome to Suite 1205-234 Albion Road! This bright 3-bedroom, 2-bathroom suite offers of well-laid-out living space with a beautiful balcony view. A standout feature: this unit comes with two underground parking spots - a rare find offering exceptional value and flexibility for owners, tenants, or guests. Residents enjoy access to a full suite of building amenities, including an outdoor pool, gym, sauna, party room, and rec room, plus ample visitor parking. Ideally located close to Humber College, Albion Centre, transit, and quick access to Highway 27 and the 401 - perfect for commuters and investors alike.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13840172
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399 sq ft
Cross streets
Albion and Weston Rd
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Roof
Flat
Maintenance
$1,305/mo
Exposure
North West
Property tax
$908 / 2025
Days on market
16
Listing brokerage
RE/MAX PREMIER INC.

Rooms

FoyerMain1.48 × 2.23 m
Bedroom 2Main3.03 × 3.12 m
Dining RoomMain2.40 × 4.17 m
Living RoomMain4.44 × 5.40 m
BathroomMain1.55 × 2.44 m
KitchenMain3.22 × 4.08 m
Powder RoomMain1.55 × 1.59 m
Primary BedroomMain4.07 × 3.47 m
LaundryMain1.55 × 1.92 m
Bedroom 3Main3.96 × 2.76 m
Our TakeTeam Asgarian · Broker
In line with recent sales
$357Kautomated estimate, from recent sales

Listed at $358,888, about 0% above our estimate of $357K (homes like it typically land between $332K and $375K).

Why $357K. The typical condo sold in Elms-Old Rexdale over the past year went for about $382K (23 sales). What sets this one apart:

  • ▼ Lowers itIts maintenance fee is $1,305 a month; the typical unit sold here pays about $1,060.
  • ▲ Raises itIt is 1,200 to 1,399 sq ft; the typical home sold here is 1,000 to 1,199.
List price
$332KBelow our range$375KAbove our range

Total price vs nearby homes. Fair value about $357K, learned from recent GTA sales.

The market behind the math:

4sold nearby · 90 days
16days on market so far
$3,279/moest. rent · 16 leases
11.0%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 $276/sqft against an area asking average of $380/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 $403K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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
$1,636/mo
$92KIncome needed
3.9×Price ÷ income
$377Weekly cost
$7,717Land 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.

54%mortgage
Mortgage $1,636Property tax $76Condo fee $1,305Total carry $3,017

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)
$1,587per month

Mortgage amount $287,110 · 4.49% over 25 years

$71,778Down payment (20.0%)
$287,110Loan before insurance
$0CMHC premium
$2,968Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,587
Property tax
$76
Condo / maintenance fees
$1,305
Heating
$0
Estimated monthly cost
$2,968

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

One-time closing costs

Ontario land transfer tax
$3,858
Toronto municipal land transfer tax
$3,858
Estimated closing costs
$7,717

Plus your down payment of $71,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,921/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

$189,134Total interest paid
$476,245Total of all payments
Principal $287,110 Interest $189,134
YearPrincipalInterestBalance
1$6,407$12,643$280,703
2$6,698$12,352$274,005
3$7,002$12,048$267,003
4$7,320$11,730$259,683
5$7,652$11,397$252,031
6$8,000$11,050$244,031
7$8,363$10,687$235,668
8$8,743$10,307$226,925
9$9,140$9,910$217,785
10$9,555$9,495$208,231
11$9,989$9,061$198,242
12$10,442$8,608$187,800
13$10,916$8,134$176,884
14$11,412$7,638$165,472
15$11,930$7,120$153,542
16$12,472$6,578$141,071
17$13,038$6,012$128,033
18$13,630$5,420$114,403
19$14,249$4,801$100,154
20$14,896$4,154$85,259
21$15,572$3,478$69,687
22$16,279$2,771$53,408
23$17,018$2,032$36,389
24$17,791$1,259$18,599
25$18,599$451$0

At the end of your 5-year term

Total paid over the term
$95,249
Principal paid down
$35,080
Interest paid
$60,169
Balance remaining
$252,031

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
5.0%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.

11.0%
Gross yield
− Property tax $908− Condo fees $15,664− Insurance $600− Vacancy & upkeep $4,328Net operating income $17,848

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

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