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MLS® W14084608For SaleCondominium

1507-238 ALBION Rd

Elms-Old Rexdale, Toronto, Ontario M9W 6A7

Map
1 / 16
1507-238 ALBION Rd, Toronto, photo 1
Asking$380,000
Bedrooms
2
Bathrooms
1
Size
900–999sq ft
Per sq ft
$400at the range’s middle
Tax a year
$8762026 tax year
Built
31-50
Parking
11 underground
Days on market
Members

The brief

About 1507-238 ALBION Rd

1507-238 ALBION Rd is a 2-bedroom, 1-bathroom condo in Elms-Old Rexdale, Toronto, listed for sale at an asking price of $380,000 (MLS® W14084608).

Step into this Big, Bright, and Beautiful 2-Bedroom Condo offering stunning panoramic views of the Humber Valley Golf Course from your very own private terrace! With nearly 1,000 sqft of well-designed space, this meticulously maintained home features gleaming hardwood floors, a modern kitchen with a breakfast bar, and ample storage throughout. Located in a clean, quiet, and well-managed building with TTC at your doorstep and easy access to Hwy 401/400, you're just minutes to plazas, supermarkets, parks, and top-rated schools. A rare blend of size, style, and convenience don't miss this gem!

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Covers costs

    +$19/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 2221 condos with 2 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$876 / 2026
MLS® number
W14084608
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
31-50
Days on market
Size
900-999 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: KIC RealtyData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Elms-Old Rexdale
Municipality
Toronto

Building

Size
900-999 sqft
Building Age
31-50
Construction
Brick

Inside

Bedrooms
2
Bathrooms
1
Bathroom Details
1 × 4pc
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
Building Insurance, CAC, Hydro, Parking, Water, Heating, Appliances as is, all ELF
Condo maint.
$924

Rooms

RoomSizeFeaturesLevel
Living3.76 × 7.07 mCombined W/Dining, hardwood floorMain
Kitchen2.49 × 3.12 mTile FloorMain
Primary3.12 × 4.7 mHardwood FloorMain
2nd Br3.0 × 4.0 mHardwood FloorMain

Listing history

Buy/sell history for 1507-238 ALBION Rd, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$380,000N/AFor SaleW14084608

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $76,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$76,000
Total mortgage amount
$304,000
Total interest payment
$216,200
Total purchase cost
$596,200
Mortgage payment
$1,734/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

19%

Monthly carrying cost

$2,731
$19per month
  • Carrying cost $2,731
  • Surplus $19

Rental income opens at $2,750, the median asking rent of 2221 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$4,175
Toronto municipal land transfer tax
$4,175
Total land transfer tax
$8,350
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,175
Total for first-time buyers
$175
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $380,000
$1,950
Ontario total
$4,175

Toronto’s municipal tax uses the same brackets at this price, so it adds another $4,175.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

15 records · 8 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideInside Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mBedrock about 23.4 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 130,110 sq ft1 building permit issued within 250 m in the last 2 yearsNearest airport: 5.7 kmA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedFibre to the home, Cable, DSL internet listed for this area
On record Checked, none on record

Water and conservation4

  • Inside Toronto and Region Conservation Authority’s mapped regulated areaHere the area is drawn from flood hazard, crest of slope, river meander belt, wetland mapping. Work on the property, such as an addition or grading, may need a permit from Toronto and Region Conservation Authority. It does not mean the house floods.At the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m250 m
  • Bedrock about 23.4 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity4

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 1 building permit issued within 250 m in the last 2 years250 m
  • Nearest airport: 5.7 km5.7 km
  • Mapped parcel: about 130,110 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address

Province of Ontario open data · Municipal building permits · toronto.parcels

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Primo Foods Inc. — Huxley Facility, 1.2 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet2

  • Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
  • Fibre to the home, Cable, DSL internet listed for this areaFibre to the home: Bell. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.At the address

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • In the mapped Ravine and Natural Feature Protection area

What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Zoning

Zone

RAC (f24.0; au67.0) (x100)

By-law

569-2013

Municipality

Toronto
Residential Apartment Commercial zone (RAC)
  1. 1 f24.0

    Frontage: at least 24.0 m.

  2. 2 au67.0

    Lot area: at least u67.0 m² per dwelling unit.

  3. 3 x100

    Site-specific exception 100: this site has rules of its own, written in the by-law.

  4. 4 Where this is written

    Chapter 15, section 15.20 of By-law 569-2013 · Exception 900.8.10(100)

  5. 5 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

6 building permits cleared at this address in the City’s file.

  • Other(BA)Inspection

    Proposed replacement of windows at each unit. No alternations on sizes or structural components.

    Issued September 20, 2024

  • Interior AlterationsClosed

    Proposal for interior alterations

    Issued July 4, 2023

  • Balcony/Guard RepairsPermit Issued

    Permit for balcony repair/guard replacement at existing apartment building.

    Issued July 7, 2015

  • Multiple ProjectsInspection

    Construct a garbage structure and parking garage slab repairs to apartment building.

    Issued August 6, 2003

  • Other(BA)Closed - Dormant

    Parking garage repairs to apt. building

    Issued April 26, 1999

  • Addition(s)Closed - Dormant

    Garbage room addition to apartment bldg.

    Issued July 11, 1997

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Signals around this home

Changing nearby

Changing nearby. 1 open development application within 800 m of this home.

  • 20 WALLASEY AVEPlan of subdivisionUnder Review

    18 new residential units comprised of 2-storey single detached and semi-detached dwellings.


    720 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

The market

Condos for sale in Elms-Old Rexdale right now

For sale now
13
Median asking price
$425K

Middle half: $380K to $449K

New in 7 days
2

3 in 28 days

Price cuts
0%

0 listings

This home is asking 11% below the median.

See all homes in Elms-Old Rexdale

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Etobicoke North GOGO Transit train: Kitchener2.5 km
Milvan Rumike StationTTC light rail: Line 6 Finch West3.1 km
Duncanwoods StationTTC light rail: Line 6 Finch West3.1 km
Pearldale StationTTC light rail: Line 6 Finch West3.1 km
Humber College StationTTC light rail: Line 6 Finch WestBrampton Transit bus rapid transit: Züm Steeles4.7 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; Brampton Transit schedule data (GTFS) from the City of Brampton under the Creative Commons Attribution 4.0 licence (CC BY 4.0), downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Brampton Transit data © City of Brampton; Valery selected the Züm stations from it and grouped their stops.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
The Elms Junior Middle SchoolToronto DSBPublic · grades JK–8700 m57%Grade 6 average
Braeburn Junior SchoolToronto DSBPublic · grades JK–5700 m61%Grade 3 average
St Simon Catholic SchoolToronto CDSBCatholic · grades JK–8750 m59%Grade 6 average
École élémentaire Félix-LeclercConseil scolaire ViamondeFrench-language public · grades JK–64 km94%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
St Basil-the-Great College SchoolToronto CDSBCatholic · grades 9–121 km45%Grade 9 math
Thistletown Collegiate InstituteToronto DSBPublic · grades 9–121.6 km33%Grade 9 math
Caring and Safe School 1Toronto DSBPublic · grades 9–121.9 km—
ÉSC de l'Ascension - VaughanConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–128.9 km57%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Elms-Old Rexdale are shown to signed-in members.

Email Yossi Kaplan, MBA, Salesperson