706-2 Old Mill Drive, Toronto, ON

High Park-Swansea, Toronto · MLS® W13880966

$1,199,000
For Sale
Listed 10 days agoNo offer date stated
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2Bedrooms
2Bathrooms
2Garage
1000-1199Sq ft

About this home

In short

  • Welcome to the prestigious Two Old Mill.
  • This immaculate 2-bedroom, 2-bathroom corner suite boasts a stunning southeast view and is flooded with natural light.
  • A chef's kitchen offers updated counters and custom pull-out cabinetry.
  • Elite amenities: indoor pool, hot tub, steam room, gym, guest suites, theatre, party, and dining rooms.
  • Steps to Bloor West Village shopping, Jane TTC Subway Station, and minutes to major highways.

Welcome to the prestigious Two Old Mill! This immaculate 2-bedroom, 2-bathroom corner suite boasts a stunning southeast view and is flooded with natural light. Spared no expense with $$$ in premium upgrades, including smooth ceilings and pot lights throughout. The spacious main room features a custom TV unit/drawers, while the master bedroom includes a built-in wall unit. Remote shades in the living room. A chef's kitchen offers updated counters and custom pull-out cabinetry. Enjoy a fully upgraded bathroom featuring a new counter, mirrored cabinet, and a sleek sliding glass tub door. Freshly painted and professionally cleaned-this unit truly sparkles! Includes 2 rare parking spots and a locker. Personal EV charger adapter upgrade in parking spot! A breath taking rooftop sky lounge, perfect for entertaining! Elite amenities: indoor pool, hot tub, steam room, gym, guest suites, theatre, party, and dining rooms. Steps to Bloor West Village shopping, Jane TTC Subway Station, and minutes to major highways. Virtual Tour Available!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13880966
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Bloor West and Jane Street
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,310/mo
Exposure
South East
Property tax
$5,778 / 2026
Days on market
10
Listing brokerage
HOMELIFE FRONTIER REALTY INC.

Rooms

Living RoomFlat6.13 × 4.75 m

hardwood floor · b/i shelves · w/o to balcony

KitchenFlat2.86 × 2.18 m

hardwood floor · stainless steel appl · window

BedroomFlat3.66 × 3.54 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

Dining RoomFlat6.13 × 3.05 m

hardwood floor · combined w/living · large window

Bedroom 2Flat3.20 × 3.17 m

hardwood floor · large window · south view

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

On schools, this address is zoned for Humberside Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

Neighbourhood & location

High Park-Swansea, 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.

Little Portugal
$549K
Niagara
$727K
Kensington-Chinatown
$585K
Annex
$1.03M
Waterfront Communities C1
$691K

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 Swansea Junior and Senior Public School
78%
Swansea Junior and Senior Public SchoolPublic · Elementary · 0.9 km awayAbove the GTA average · 78% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Runnymede Junior and Senior Public School · Public elementary1.2 km · 92% at standard
Park Lawn Junior and Middle School · Public elementary1.4 km · 71% at standard
Étienne Brûlé Junior School · Public elementary1.4 km · 79% at standard
The Student School · Public secondary1.4 km
Ursula Franklin Academy · Public secondary1.4 km · 92% at standard
Western Technical & Commercial School · Public secondary1.4 km · 68% at standard
Humbercrest Public School · Public elementary1.4 km · 80% at standard
James Culnan Catholic School · Catholic elementary1.4 km · 64% at standard
St Mark Catholic School · Catholic elementary1.5 km · 59% at standard
King George Junior Public School · Public elementary1.7 km · 91% at standard
Runnymede Collegiate Institute · Public secondary1.7 km · 46% at standard
St Cecilia Catholic School · Catholic elementary1.7 km · 82% at standard

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

Affordability & Mortgage

Affordability
$5,465/mo
$251KIncome needed
4.8×Price ÷ income
$1,261Weekly cost
$40,910Land 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.

75%mortgage
Mortgage $5,465Property tax $481Condo fee $1,310Total carry $7,256

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)
$5,304per month

Mortgage amount $959,200 · 4.49% over 25 years

$239,800Down payment (20.0%)
$959,200Loan before insurance
$0CMHC premium
$7,095Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,304
Property tax
$482
Condo / maintenance fees
$1,310
Heating
$0
Estimated monthly cost
$7,095

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

One-time closing costs

Ontario land transfer tax
$20,455
Toronto municipal land transfer tax
$20,455
Estimated closing costs
$40,910

Plus your down payment of $239,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,419/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

$631,874Total interest paid
$1,591,074Total of all payments
Principal $959,200 Interest $631,874
YearPrincipalInterestBalance
1$21,405$42,238$937,795
2$22,377$41,266$915,418
3$23,393$40,250$892,024
4$24,455$39,188$867,569
5$25,566$38,077$842,003
6$26,726$36,917$815,277
7$27,940$35,703$787,337
8$29,209$34,434$758,129
9$30,535$33,108$727,594
10$31,921$31,722$695,673
11$33,370$30,273$662,302
12$34,886$28,757$627,417
13$36,470$27,173$590,947
14$38,125$25,518$552,822
15$39,856$23,787$512,965
16$41,666$21,977$471,299
17$43,558$20,085$427,741
18$45,536$18,107$382,206
19$47,603$16,040$334,602
20$49,764$13,878$284,838
21$52,024$11,619$232,814
22$54,386$9,257$178,428
23$56,855$6,788$121,572
24$59,437$4,206$62,136
25$62,136$1,507$0

At the end of your 5-year term

Total paid over the term
$318,215
Principal paid down
$117,197
Interest paid
$201,018
Balance remaining
$842,003

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$3,400/mo
$40,800Gross annual rent
1.2%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.

3.4%
Gross yield
− Property tax $5,778− Condo fees $15,720− Insurance $600− Vacancy & upkeep $4,488Net operating income $14,214

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

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