110-408 Browns Line, Toronto, ON

Alderwood, Toronto · MLS® W14033286

$445,000
For Sale
Listed 3 days agoNo offer date stated

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1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Welcome to Bline Condos at 408 Browns Line.
  • Discover modern living in this bright and spacious1-bedroom suite in the desirable Alderwood community of Etobicoke.
  • This thoughtfully designed suite features a functional open-concept layout with a generous living area, contemporary finishes, and plenty of natural light.
  • Commuters will appreciate easy access to Highway 427, the QEW/Gardiner Expressway, and TTC public transit, making travel throughout Toronto and surrounding areas...
  • The unit is currently tenanted, with the lease expiring on September 14, 2027.

Welcome to Bline Condos at 408 Browns Line! Discover modern living in this bright and spacious1-bedroom suite in the desirable Alderwood community of Etobicoke. This thoughtfully designed suite features a functional open-concept layout with a generous living area, contemporary finishes, and plenty of natural light. Enjoy an exceptional location just minutes from the waterfront, including Marie Curtis Park, Marie Curtis Park Beach, Lakeshore Park, and scenic walking trails. An array of local amenities, including cafés, restaurants, parks, shops, and Sherway Gardens, are all conveniently located nearby. Commuters will appreciate easy access to Highway 427, the QEW/Gardiner Expressway, and TTC public transit, making travel throughout Toronto and surrounding areas convenient. A great opportunity for first-time buyers, professionals, or investors seeking modern living in a desirable and well-connected Etobicoke neighborhood. The unit is currently tenanted, with the lease expiring on September 14, 2027. Monthly rent is $2,350, plus utilities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W14033286
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
BROWNS LINE & HORNER AVENUE
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Maintenance
$451/mo
Exposure
North West
Property tax
$2,535 / 2025
Days on market
3
Listing brokerage
ROYAL LEPAGE SECURITY REAL ESTATE

Rooms

Living RoomFlat2.04 × 3.08 m

Combined w/Kitchen

Dining RoomFlat2.04 × 3.08 m

Combined w/Living

KitchenFlat3.20 × 2.32 m
Primary BedroomFlat2.62 × 2.74 m
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

Its public catchment (Sir Adam Beck Junior School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Neighbourhood & location

Alderwood, 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 Sir Adam Beck Junior School
86%
Sir Adam Beck Junior SchoolPublic · Elementary · 0.2 km awayHigher-rated than most nearby · 86% meet the provincial standard
Also nearby: 5 more schools within 2.5 km
St Josaphat Catholic School · Catholic elementary1.3 km · 45% at standard
James S Bell Junior Middle School · Public elementary1.5 km · 70% at standard
Twentieth Street Junior School · Public elementary2.1 km · 70% at standard
The Holy Trinity Catholic School · Catholic elementary2.3 km · 82% at standard
Father John Redmond Catholic Secondary School · Catholic secondary2.5 km · 84% at standard

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

Affordability & Mortgage

Affordability
$2,028/mo
$96KIncome needed
4.6×Price ÷ income
$468Weekly cost
$10,750Land 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 $2,028Property tax $211Condo fee $451Total carry $2,691

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)
$1,968per month

Mortgage amount $356,000 · 4.49% over 25 years

$89,000Down payment (20.0%)
$356,000Loan before insurance
$0CMHC premium
$2,631Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,968
Property tax
$211
Condo / maintenance fees
$451
Heating
$0
Estimated monthly cost
$2,631

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

One-time closing costs

Ontario land transfer tax
$5,375
Toronto municipal land transfer tax
$5,375
Estimated closing costs
$10,750

Plus your down payment of $89,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,382/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

$234,516Total interest paid
$590,516Total of all payments
Principal $356,000 Interest $234,516
YearPrincipalInterestBalance
1$7,944$15,676$348,056
2$8,305$15,316$339,750
3$8,682$14,938$331,068
4$9,076$14,544$321,992
5$9,489$14,132$312,503
6$9,919$13,701$302,584
7$10,370$13,251$292,214
8$10,841$12,780$281,374
9$11,333$12,288$270,041
10$11,847$11,773$258,194
11$12,385$11,235$245,809
12$12,948$10,673$232,861
13$13,535$10,085$219,326
14$14,150$9,471$205,176
15$14,792$8,828$190,383
16$15,464$8,157$174,919
17$16,166$7,454$158,753
18$16,900$6,720$141,853
19$17,668$5,953$124,185
20$18,470$5,151$105,716
21$19,308$4,312$86,407
22$20,185$3,436$66,222
23$21,101$2,519$45,121
24$22,060$1,561$23,061
25$23,061$559$0

At the end of your 5-year term

Total paid over the term
$118,103
Principal paid down
$43,497
Interest paid
$74,606
Balance remaining
$312,503

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$1,700/mo
$20,400Gross annual rent
2.2%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.

4.6%
Gross yield
− Property tax $2,535− Condo fees $5,417− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,604

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

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