605-16 McAdam Avenue, Toronto, ON

Yorkdale-Glen Park, Toronto · MLS® W13840702

$559,000
For Sale
Listed 20 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Exceptional Opportunity at Boutique Dream Residences at Yorkdale.
  • Discover This Spacious 977Sq.
  • Condo Featuring 2 Bedrooms, 2 Bathrooms, and a Generously Sized Den, Ideal for a Home Office or Potential Third Bedroom.
  • The Bright, Open Concept Layout Boasts Floor to Ceiling Windows and Two Private Outdoor Spaces, Including a Rare, Oversized Walkout Terrace, Perfect for Bbqs and...
  • Property being sold in as is condition.

Exceptional Opportunity at Boutique Dream Residences at Yorkdale! Discover This Spacious 977Sq. Ft. Condo Featuring 2 Bedrooms, 2 Bathrooms, and a Generously Sized Den, Ideal for a Home Office or Potential Third Bedroom. The Bright, Open Concept Layout Boasts Floor to Ceiling Windows and Two Private Outdoor Spaces, Including a Rare, Oversized Walkout Terrace, Perfect for Bbqs and Entertaining, Plus a Second Balcony With Northwest Views. Includes 1 Owned Parking Space and 1 Locker. Ideally Situated Just Steps From Yorkdale Shopping Centre and Ttc Subway Access, With Easy Access to Hwy 401, Shopping, Dining, and Everyday Amenities. An Outstanding Opportunity in a Highly Convenient Toronto Location! Under Power Of Sale! Property being sold in as is condition.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13840702
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
900-999 sq ft
Cross streets
Dufferin & 401
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Aluminum Siding, Concrete
Maintenance
$1,027/mo
Exposure
West
Property tax
$3,612 / 2025
Days on market
20
Listing brokerage
THE AGENCY
Our TakeTeam Asgarian · Broker
A small discount is typical
$536Klikely sale price

Listed at $559,000. Going by how homes in Yorkdale-Glen Park and the wider GTA have actually closed against their asking prices (about 96%, 21 local closings in 90 days), the likely sale price is near $536K, if it sells. A realistic range is $505K to $580K.

Independent value check: $599K. Without looking at the asking price, our model values the home itself about 7% above the ask (homes like it typically land between $557K and $629K).

Why $599K. The typical condo sold in Yorkdale-Glen Park over the past year went for about $470K (61 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,612 a year; the typical home sold here pays about $2,500.
  • ▲ Raises it stronglyIt is 900 to 999 sq ft; the typical home sold here is 600 to 699.
  • ▲ Raises it2+1 bedrooms and 2 baths, against 1+1 and 1 typically.
  • ▼ Lowers itThe listing presents it as a home to renovate or rebuild.
List price
$505KBelow recent closings$580KAbove recent closings

Total price vs nearby homes. Likely closing about $536K, from 21 recent closings in this pocket.

The market behind the math:

21sold nearby · 90 days
$470Kmedian sold price
93%of asking, on average
+2%prices vs a year ago
~33 dayshomes like this take to sell
20days on market so far
$2,912/moest. rent · 13 leases
6.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.3 months of inventory: 9 condo apartment homes for sale in the area against 21 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 $589/sqft against an area asking average of $811/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 21 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $546K. 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit

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

Based on 6 homes sold in this building over the past two years, from 139 closings in Yorkdale-Glen Park.

What sellers nearby are askingCurrently listed nearby in Yorkdale-Glen Park · asking prices
$759kavg 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 $599K, which is where my estimate comes from.

Per square foot, these ask about $836/sqft; this home lists at $589/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
559kThis home680k799k679k749k889kThis 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

Yorkdale-Glen Park, 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.

Dovercourt-Wallace Emerson-Junction
$640K
Bayview Village
$526K
North St. James Town
$765K
Kensington-Chinatown
$585K
Niagara
$724K

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 John Polanyi Collegiate Institute
54%
John Polanyi Collegiate InstitutePublic · Secondary · 1.6 km awayBelow the GTA average · 54% meet the provincial standard
Baycrest Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Yorkdale Secondary School · Public secondary0.4 km
Lawrence Heights Middle School · Public elementary0.6 km · 44% at standard
Flemington Public School · Public elementary1.1 km · 36% at standard
Ancaster Public School · Public elementary1.3 km · 47% at standard
St Norbert Catholic School · Catholic elementary1.4 km · 70% at standard
Baycrest Public School · Public elementary1.4 km · 69% at standard
Regina Mundi Catholic School · Catholic elementary1.5 km · 63% at standard
Joyce Public School · Public elementary1.5 km · 64% at standard
Madonna Catholic Secondary School · Catholic secondary1.7 km · 60% at standard
Downsview Secondary School · Public secondary1.9 km · 42% at standard
Faywood Arts-Based Curriculum School · Public elementary2.1 km · 70% at standard
Glen Park Public School · Public elementary2.1 km · 54% at standard

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

Affordability & Mortgage

Affordability
$2,548/mo
$130KIncome needed
4.3×Price ÷ income
$588Weekly cost
$15,310Land 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.

66%mortgage
Mortgage $2,548Property tax $301Condo fee $1,027Total carry $3,876

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)
$2,473per month

Mortgage amount $447,200 · 4.49% over 25 years

$111,800Down payment (20.0%)
$447,200Loan before insurance
$0CMHC premium
$3,801Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,473
Property tax
$301
Condo / maintenance fees
$1,027
Heating
$0
Estimated monthly cost
$3,801

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

One-time closing costs

Ontario land transfer tax
$7,655
Toronto municipal land transfer tax
$7,655
Estimated closing costs
$15,310

Plus your down payment of $111,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,993/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

$294,594Total interest paid
$741,794Total of all payments
Principal $447,200 Interest $294,594
YearPrincipalInterestBalance
1$9,980$19,692$437,220
2$10,433$19,239$426,788
3$10,906$18,765$415,881
4$11,402$18,270$404,480
5$11,919$17,752$392,560
6$12,460$17,211$380,100
7$13,026$16,646$367,074
8$13,618$16,054$353,456
9$14,236$15,436$339,220
10$14,882$14,789$324,338
11$15,558$14,114$308,780
12$16,264$13,407$292,515
13$17,003$12,669$275,512
14$17,775$11,897$257,738
15$18,582$11,090$239,156
16$19,426$10,246$219,730
17$20,308$9,364$199,422
18$21,230$8,442$178,193
19$22,194$7,478$155,999
20$23,201$6,470$132,798
21$24,255$5,417$108,543
22$25,356$4,316$83,187
23$26,507$3,164$56,680
24$27,711$1,961$28,969
25$28,969$703$0

At the end of your 5-year term

Total paid over the term
$148,359
Principal paid down
$54,640
Interest paid
$93,719
Balance remaining
$392,560

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 13 whole-home leases in Yorkdale-Glen Park$2,912/mo
$34,944Gross annual rent
2.6%Cap rate after taxes and upkeep
$2,743 to $3,058Typical rent range
~25 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 13 whole-home leases in Yorkdale-Glen Park signed at a median of $2,509 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,912. 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.

6.3%
Gross yield
− Property tax $3,612− Condo fees $12,326− Insurance $600− Vacancy & upkeep $3,844Net operating income $14,562

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

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