611-940 Caledonia Road, Toronto, ON

Yorkdale-Glen Park, Toronto · MLS® W14091192

$299,000
For Sale
Listed 2 days agoNo offer date stated
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2Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Spacious and bright 2-bedroom condo offering exceptional value in a convenient Toronto location.
  • An excellent opportunity for first-time buyers, downsizers, or investors looking for a spacious 2-bedroom at an attractive price.

Spacious and bright 2-bedroom condo offering exceptional value in a convenient Toronto location. Featuring an updated modern kitchen with stainless steel appliances, laminate flooring throughout, ensuite laundry, and a new private balcony. The unit also includes one underground parking space. Enjoy the convenience of TTC at your doorstep with easy access to Yorkdale Mall, shopping, schools, restaurants, and major highways. Condo fees include hydro, heat, and water, helping keep monthly expenses predictable. An excellent opportunity for first-time buyers, downsizers, or investors looking for a spacious 2-bedroom at an attractive price. Move in and make it your own! Newly painted

Key facts

Property type
Condo Apartment, Apartment
MLS®
W14091192
Bedrooms
2
Bathrooms
1
Size
600-699 sq ft
Cross streets
Caledonia / Lawrence
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
None
Exterior
Brick
Maintenance
$639/mo
Exposure
East
Property tax
$1,048 / 2025
Days on market
2
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$287Klikely sale price

Listed at $299,000. Going by how homes in Yorkdale-Glen Park and the wider GTA have actually closed against their asking prices (about 96%, 21 local closings in 90 days), the likely sale price is near $287K, if it sells. A realistic range is $270K to $310K.

Independent value check: $334K. Without looking at the asking price, our model values the home itself about 12% above the ask (homes like it typically land between $311K and $352K).

Why $334K. The typical condo sold in Yorkdale-Glen Park over the past year went for about $470K (61 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $1,048 a year; the typical home sold here pays about $2,500.
  • ▲ Raises it2 bedrooms and 1 baths, against 1+1 and 1 typically.
List price
$270KBelow recent closings$310KAbove recent closings

Total price vs nearby homes. Likely closing about $287K, from 21 recent closings in this pocket.

The market behind the math:

21sold nearby · 90 days
$470Kmedian sold price
93%of asking, on average
+2%prices vs a year ago
~33 dayshomes like this take to sell
2days on market so far
$2,072/moest. rent · 5 leases
8.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.7 months of inventory: 26 condo apartment homes for sale in the area against 21 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $460/sqft against an area asking average of $739/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 21 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $319K. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

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

Based on 20 homes sold in this building over the past two years, from 139 closings in Yorkdale-Glen Park.

What sellers nearby are askingCurrently listed nearby in Yorkdale-Glen Park · asking prices
$344kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $529/sqft; this home lists at $460/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
299kThis home300k319k359k365k375kThis home vs active comparables

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K885

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Dovercourt-Wallace Emerson-Junction
$640K
Kensington-Chinatown
$585K
North St. James Town
$765K
Niagara
$724K
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 Joyce Public School
64%
Joyce Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 64% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
George Anderson Public School · Public elementary1.1 km · 88% at standard
St Charles Catholic School · Catholic elementary1.4 km · 62% at standard
Immaculate Conception Catholic School · Catholic elementary1.4 km · 48% at standard
St Francis Xavier Catholic School · Catholic elementary1.5 km · 64% at standard
Yorkdale Secondary School · Public secondary1.6 km
Sts Cosmas and Damian Catholic School · Catholic elementary1.7 km · 84% at standard
Fairbank Memorial Community School · Public elementary1.9 km · 66% at standard
Fairbank Public School · Public elementary1.9 km · 59% at standard
St Fidelis Catholic School · Catholic elementary2.0 km · 66% at standard
Lawrence Heights Middle School · Public elementary2.0 km · 44% at standard
St Thomas Aquinas Catholic School · Catholic elementary2.0 km · 74% at standard
Gracefield Public School · Public elementary2.1 km · 29% at standard

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

Affordability & Mortgage

Affordability
$1,363/mo
$70KIncome needed
4.3×Price ÷ income
$314Weekly cost
$5,920Land 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.

65%mortgage
Mortgage $1,363Property tax $87Condo fee $639Total carry $2,089

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)
$1,323per month

Mortgage amount $239,200 · 4.49% over 25 years

$59,800Down payment (20.0%)
$239,200Loan before insurance
$0CMHC premium
$2,049Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,323
Property tax
$87
Condo / maintenance fees
$639
Heating
$0
Estimated monthly cost
$2,049

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

One-time closing costs

Ontario land transfer tax
$2,960
Toronto municipal land transfer tax
$2,960
Estimated closing costs
$5,920

Plus your down payment of $59,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,601/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

$157,573Total interest paid
$396,773Total of all payments
Principal $239,200 Interest $157,573
YearPrincipalInterestBalance
1$5,338$10,533$233,862
2$5,580$10,291$228,282
3$5,834$10,037$222,448
4$6,099$9,772$216,350
5$6,375$9,496$209,974
6$6,665$9,206$203,309
7$6,968$8,903$196,342
8$7,284$8,587$189,058
9$7,615$8,256$181,443
10$7,960$7,911$173,483
11$8,322$7,549$165,161
12$8,700$7,171$156,462
13$9,095$6,776$147,367
14$9,508$6,363$137,860
15$9,939$5,932$127,920
16$10,390$5,480$117,530
17$10,862$5,009$106,668
18$11,355$4,516$95,312
19$11,871$4,000$83,441
20$12,410$3,461$71,031
21$12,973$2,897$58,058
22$13,563$2,308$44,495
23$14,178$1,693$30,317
24$14,822$1,049$15,495
25$15,495$376$0

At the end of your 5-year term

Total paid over the term
$79,355
Principal paid down
$29,226
Interest paid
$50,129
Balance remaining
$209,974

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
From 5 whole-home leases in Yorkdale-Glen Park$2,072/mo
$24,864Gross annual rent
4.3%Cap rate after taxes and upkeep
$1,823 to $2,321Typical rent range
~25 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Yorkdale-Glen Park signed at a median of $2,499 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,072. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

8.3%
Gross yield
− Property tax $1,048− Condo fees $7,672− Insurance $600− Vacancy & upkeep $2,735Net operating income $12,809

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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