1507-627 The West Mall, Toronto, ON

Eringate-Centennial-West Deane, Toronto · MLS® W13883238

$625,000
For Sale
Listed 10 days agoNo offer date stated
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3+1Bedrooms
2Bathrooms
1Garage
1400-1599Sq ft

About this home

In short

  • Welcome to Summit Royal Condos.
  • Bright, spacious, and beautifully renovated, this stunning 3+1 bedroom, 2 full bathroom bungalow-style suite offers approximately 1,500 sq. ft. of comfortable living...
  • Move-in ready, the suite features a renovated kitchen, fresh paint throughout, new lighting, updated hardware, and freshly lacquered parquet flooring.
  • Step onto the balcony, which could easily fit a patio set for 6, and take in the breathtaking skyline views - including the CN Tower on clear sunny days.
  • Commuters will appreciate the unbeatable location with quick access to Highways 427, 401, and the QEW/Gardiner, making travel across the GTA seamless.

Welcome to Summit Royal Condos. Bright, spacious, and beautifully renovated, this stunning 3+1 bedroom, 2 full bathroom bungalow-style suite offers approximately 1,500 sq. ft. of comfortable living space - perfect for first-time buyers, downsizers, and savvy investors alike. Move-in ready, the suite features a renovated kitchen, fresh paint throughout, new lighting, updated hardware, and freshly lacquered parquet flooring. Enjoy spectacular unobstructed southern panoramic views from nearly every room, including the living room, den, primary bedroom, second bedroom, and third bedroom, filling the home with incredible natural light throughout the day. Step onto the balcony, which could easily fit a patio set for 6, and take in the breathtaking skyline views - including the CN Tower on clear sunny days. A rare oversized ensuite laundry/storage room adds exceptional in-suite storage and convenience. Located in the well-maintained Summit Royal Condos, residents enjoy outstanding amenities including indoor and outdoor pools, sauna, fitness centre, recreation room, bike storage, and ample visitor parking. Commuters will appreciate the unbeatable location with quick access to Highways 427, 401, and the QEW/Gardiner, making travel across the GTA seamless. The all-inclusive maintenance fees provide exceptional value and peace of mind, covering heat, hydro, water, cable, internet, building insurance, and common elements. Surrounded by grocery stores, shopping, schools, parks, trails, and public transit, this bright and spacious suite offers the perfect blend of comfort, convenience, and lifestyle in a prime location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13883238
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
1400-1599 sq ft
Cross streets
Rathurn Rd & The West Mall
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Brick
Maintenance
$1,117/mo
Exposure
South East
Property tax
$2,026 / 2026
Days on market
10
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Family RoomFlat3.57 × 2.17 m

parquet · separate room · large window

Bedroom 3Flat14.00 × 3.05 m

broadloom · large window · double closet

KitchenFlat4.18 × 3.35 m

tile floor · family size kitchen · breakfast area

Bedroom 2Flat3.96 × 2.93 m

broadloom · large window · double closet

Dining RoomFlat3.66 × 2.71 m

parquet · open concept · combined w/living

Primary BedroomFlat5.18 × 3.41 m

laminate · 4 pc ensuite · walk-in closet(s)

Living RoomFlat5.82 × 3.44 m

parquet · open concept · w/o to balcony

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

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

What sellers nearby are askingCurrently listed nearby in Eringate-Centennial-West Deane · asking prices
$600kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $487/sqft; this home lists at $417/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
625kThis home650k600k550kThis home vs active comparables

Neighbourhood & location

Eringate-Centennial-West Deane, 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.

Markland Wood
$680K
Dovercourt-Wallace Emerson-Junction
$640K
Niagara
$724K
Kensington-Chinatown
$585K
Waterfront Communities C1
$610K

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 Silverthorn Collegiate Institute
68%
Silverthorn Collegiate InstitutePublic · Secondary · 2.1 km awayBelow the GTA average · 68% meet the provincial standard
Hollycrest Middle SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Wellesworth Junior School · Public elementary0.5 km · 58% at standard
Josyf Cardinal Slipyj Catholic School · Catholic elementary0.6 km · 83% at standard
Broadacres Junior Public School · Public elementary0.8 km · 55% at standard
West Glen Junior School · Public elementary0.9 km · 57% at standard
Burnhamthorpe Collegiate Institute · Public secondary1.0 km
Hollycrest Middle School · Public elementary1.0 km · 75% at standard
Michael Power/St Joseph High School · Catholic secondary1.1 km · 78% at standard
Seneca School · Public elementary1.1 km
Briarcrest Junior School · Public elementary1.5 km · 81% at standard
Mother Cabrini Catholic School · Catholic elementary1.6 km · 83% at standard
Bloordale Middle School · Public elementary1.8 km · 69% at standard
Mill Valley Junior School · Public elementary1.9 km · 90% at standard

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

Affordability & Mortgage

Affordability
$2,849/mo
$138KIncome needed
4.5×Price ÷ income
$657Weekly cost
$17,950Land 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.

69%mortgage
Mortgage $2,849Property tax $169Condo fee $1,117Total carry $4,134

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)
$2,765per month

Mortgage amount $500,000 · 4.49% over 25 years

$125,000Down payment (20.0%)
$500,000Loan before insurance
$0CMHC premium
$4,050Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,765
Property tax
$169
Condo / maintenance fees
$1,117
Heating
$0
Estimated monthly cost
$4,050

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

One-time closing costs

Ontario land transfer tax
$8,975
Toronto municipal land transfer tax
$8,975
Estimated closing costs
$17,950

Plus your down payment of $125,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,346/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

$329,376Total interest paid
$829,376Total of all payments
Principal $500,000 Interest $329,376
YearPrincipalInterestBalance
1$11,158$22,017$488,842
2$11,664$21,511$477,178
3$12,194$20,981$464,984
4$12,748$20,427$452,236
5$13,327$19,848$438,909
6$13,932$19,243$424,978
7$14,564$18,611$410,413
8$15,225$17,950$395,188
9$15,917$17,258$379,271
10$16,639$16,536$362,632
11$17,395$15,780$345,237
12$18,185$14,990$327,052
13$19,010$14,165$308,042
14$19,874$13,301$288,168
15$20,776$12,399$267,392
16$21,719$11,456$245,673
17$22,705$10,470$222,968
18$23,736$9,439$199,231
19$24,814$8,361$174,417
20$25,941$7,234$148,477
21$27,118$6,057$121,358
22$28,350$4,825$93,009
23$29,637$3,538$63,372
24$30,983$2,192$32,389
25$32,389$786$0

At the end of your 5-year term

Total paid over the term
$165,875
Principal paid down
$61,091
Interest paid
$104,784
Balance remaining
$438,909

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$4,750/mo
$57,000Gross annual rent
5.6%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.

9.1%
Gross yield
− Property tax $2,026− Condo fees $13,402− Insurance $600− Vacancy & upkeep $6,270Net operating income $34,703

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

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