705-16 Mcadam Avenue, Toronto, ON

Yorkdale-Glen Park, Toronto · MLS® W13873550

$679,000
For Sale
Listed 11 days agoNo offer date stated

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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Fully Renovated, Spacious 2 Bed, 2 Bath Condo with Massive 400sqft Private Terrace Across from Yorkdale Mall.
  • Bright and functional 800 sq ft split-bedroom layout in a boutique mid-rise building, featuring floor-to-ceiling windows and a rare 400 sq ft private terrace with...
  • Open-concept living and dining area with a modern kitchen, spacious primary bedroom with ensuite, and a large laundry room with additional storage space.
  • Prime location directly across from Yorkdale Mall, with easy access to Hwy 401, subway and GO Transit, Pearson Airport, Costco, Home Depot, and a variety of shops and...

Fully Renovated, Spacious 2 Bed, 2 Bath Condo with Massive 400sqft Private Terrace Across from Yorkdale Mall. Bright and functional 800 sq ft split-bedroom layout in a boutique mid-rise building, featuring floor-to-ceiling windows and a rare 400 sq ft private terrace with unobstructed views and full-day sun exposure.Open-concept living and dining area with a modern kitchen, spacious primary bedroom with ensuite, and a large laundry room with additional storage space. The split layout provides ideal separation and privacy between bedrooms.Includes underground parking and oversized locker. Prime location directly across from Yorkdale Mall, with easy access to Hwy 401, subway and GO Transit, Pearson Airport, Costco, Home Depot, and a variety of shops and restaurants. A unique opportunity to enjoy condo living with generous outdoor space and unbeatable convenience.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13873550
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Dufferin & 401
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$827/mo
Exposure
West
Property tax
$2,976 / 2025
Days on market
11
Listing brokerage
EXP REALTY

Rooms

Bedroom 2Main3.00 × 4.00 m

Double Closet

Living RoomMain5.00 × 6.00 m

Large Window

Primary BedroomMain3.00 × 4.00 m

ensuite bath · w/o to terrace

KitchenMain5.40 × 6.00 m

open concept · combined w/living · w/o to terrace

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 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.

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.

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
$3,095/mo
$145KIncome needed
4.7×Price ÷ income
$714Weekly cost
$20,110Land 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.

74%mortgage
Mortgage $3,095Property tax $248Condo fee $827Total carry $4,169

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)
$3,003per month

Mortgage amount $543,200 · 4.49% over 25 years

$135,800Down payment (20.0%)
$543,200Loan before insurance
$0CMHC premium
$4,078Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,003
Property tax
$248
Condo / maintenance fees
$827
Heating
$0
Estimated monthly cost
$4,078

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

One-time closing costs

Ontario land transfer tax
$10,055
Toronto municipal land transfer tax
$10,055
Estimated closing costs
$20,110

Plus your down payment of $135,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,635/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

$357,834Total interest paid
$901,034Total of all payments
Principal $543,200 Interest $357,834
YearPrincipalInterestBalance
1$12,122$23,919$531,078
2$12,672$23,369$518,406
3$13,248$22,794$505,158
4$13,849$22,192$491,309
5$14,478$21,563$476,831
6$15,135$20,906$461,696
7$15,823$20,219$445,873
8$16,541$19,500$429,332
9$17,292$18,749$412,040
10$18,077$17,964$393,963
11$18,898$17,143$375,065
12$19,756$16,285$355,309
13$20,653$15,388$334,656
14$21,591$14,451$313,066
15$22,571$13,470$290,495
16$23,596$12,446$266,899
17$24,667$11,374$242,232
18$25,787$10,254$216,445
19$26,958$9,083$189,487
20$28,182$7,859$161,305
21$29,461$6,580$131,844
22$30,799$5,242$101,045
23$32,198$3,844$68,847
24$33,659$2,382$35,188
25$35,188$854$0

At the end of your 5-year term

Total paid over the term
$180,207
Principal paid down
$66,369
Interest paid
$113,838
Balance remaining
$476,831

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$2,700/mo
$32,400Gross annual rent
2.3%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.

4.8%
Gross yield
− Property tax $2,976− Condo fees $9,918− Insurance $600− Vacancy & upkeep $3,564Net operating income $15,342

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

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