501-60 Stevenson Road, Toronto, ON

Mount Olive-Silverstone-Jamestown, Toronto · MLS® W13842578

$449,000
For Sale
Listed 14 days agoNo offer date stated

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3Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Rare Clearance Opportunity.
  • 3-Bedroom Corner Suite at 60 Stevenson Rd.
  • Features a massive open-concept living/dining area, large balcony, king-sized primary bedroom, and 1.5 baths.
  • Steps to Stevenson Station (Line 6 LRT), Humber College, Hospital, and Albion Mall.
  • Sold strictly 'As-Is'-priced for an immediate sale

Rare Clearance Opportunity! Largest 1,260 Sq.Ft. 3-Bedroom Corner Suite at 60 Stevenson Rd. Offers the footprint of a bungalow with condo convenience. Features a massive open-concept living/dining area, large balcony, king-sized primary bedroom, and 1.5 baths. Steps to Stevenson Station (Line 6 LRT), Humber College, Hospital, and Albion Mall. Perfect 'blank canvas' for investors, flippers, or buyers looking to build instant equity. Select interior photos have been Virtually Decluttered/Staged to showcase the layout potential. Laminate, Kitchen tiles, and cabinets in good condition. Sold strictly 'As-Is'-priced for an immediate sale

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13842578
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399 sq ft
Cross streets
Kipling & Finch/ Albion & Finch
Parking
1 garage (underground)
Basement
None
Heating
Baseboard
A/C
None
Exterior
Brick
Maintenance
$775/mo
Exposure
North West
Property tax
$1,244 / 2025
Days on market
14
Listing brokerage
RE/MAX REALTY SERVICES INC.

Rooms

Living RoomFlat6.70 × 3.62 m

laminate · l-shaped room · combined w/dining

Bedroom 3Flat2.77 × 2.77 m

laminate · window · closet

KitchenFlat3.50 × 2.30 m

ceramic floor · breakfast area

Primary BedroomFlat3.99 × 3.99 m

parquet · 2 pc ensuite · closet

Dining RoomFlat2.92 × 2.74 m

laminate · large window · combined w/living

Bedroom 2Flat3.38 × 3.04 m

laminate · large window · closet

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

The assigned public school is Smithfield 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

Mount Olive-Silverstone-Jamestown, 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.

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 Smithfield Middle School
72%
Smithfield Middle SchoolPublic · Elementary · 1.0 km awayAround the GTA average · 72% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Highfield Junior School · Public elementary0.3 km · 58% at standard
Elmbank Junior Middle Academy · Public elementary0.8 km · 48% at standard
Melody Village Junior School · Public elementary0.9 km · 64% at standard
North Kipling Junior Middle School · Public elementary0.9 km · 49% at standard
Father Henry Carr Catholic Secondary School · Catholic secondary0.9 km · 62% at standard
Beaumonde Heights Junior Middle School · Public elementary1.0 km · 70% at standard
Greenholme Junior Middle School · Public elementary1.0 km · 72% at standard
Claireville Junior School · Public elementary1.1 km · 53% at standard
John D Parker Junior School · Public elementary1.3 km · 72% at standard
St Dorothy Catholic School · Catholic elementary1.4 km · 64% at standard
West Humber Collegiate Institute · Public secondary1.4 km · 62% at standard
St Angela Catholic School · Catholic elementary1.4 km · 63% at standard

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

Affordability & Mortgage

Affordability
$2,046/mo
$99KIncome needed
4.5×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.

70%mortgage
Mortgage $2,046Property tax $104Condo fee $775Total carry $2,925

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)
$1,986per month

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

$89,800Down payment (20.0%)
$359,200Loan before insurance
$0CMHC premium
$2,865Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,986
Property tax
$104
Condo / maintenance fees
$775
Heating
$0
Estimated monthly cost
$2,865

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$4,100/mo
$49,200Gross annual rent
7.3%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.

11.0%
Gross yield
− Property tax $1,244− Condo fees $9,300− Insurance $600− Vacancy & upkeep $5,412Net operating income $32,644

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

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