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MLS® C14095272For SaleCondominium

401-616 Avenue Rd

Casa Loma, Toronto, Ontario M4V 2K8

Map
1 / 35
401-616 Avenue Rd, Toronto, photo 1
Asking$1,489,000
Bedrooms
2
Bathrooms
2
Size
1,400–1,599sq ft
Per sq ft
$993at the range’s middle
Tax a year
$5,9012026 tax year
Parking
22 underground
Days on market
Members

The brief

About 401-616 Avenue Rd

401-616 Avenue Rd is a 2-bedroom, 2-bathroom condo in Casa Loma, Toronto, listed for sale at an asking price of $1,489,000 (MLS® C14095272).

A Boutique Address. Room to Live Beautifully with an exceptional sense of light and space in an intimate 27 Unit building in prestigious Forest Hill. This light-filled two-bedroom, two-bathroom residence combines generous principal rooms, custom built-ins and a private balcony with the comfort and convenience of condominium living.The expansive living and dining areas provide plenty of room to entertain, gather with family and friends, or simply enjoy a little extra breathing room. Custom built-ins add character and functionality, while the well-proportioned layout creates a natural flow for everyday living. The large private kitchen has a rare window bringing an abundance of light into the space. Generous Terrace to enjoy an evening drink or morning coffee. Two spacious bedrooms offer flexibility for guests, a home office or a peaceful private retreat.Residents enjoy beautifully landscaped gardens including a backyard perfect for quiet reflection and entertaining guests, a fitness room, party room, visitor parking and on-site management. Two extra building fridge/freezers are great for those times when you are preparing for a large gathering. Enjoy the community atmosphere, with regular cocktail parties and building gatherings. This coveted address offers easy access to parks, transit and some of Midtown Toronto's most established neighbourhoods.Enjoy the rare combination of generous living space, boutique-building charm and a location that puts the best of Midtown within reach.

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

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

  • Cashflow Quality

    Shortfall

    −$6,028/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 10 homes with 2 bedrooms for lease in Casa Loma 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
$5,901 / 2026
MLS® number
C14095272
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
1400-1599 sqft
Listed on
Parking
2 Underground, 2 Parking
Listing brokerage: KELLER WILLIAMS ADVANTAGE 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
Casa Loma
Municipality
Toronto

Building

Size
1400-1599 sqft
Construction
Concrete

Inside

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

Parking

Garage Type
Underground
Garage
2
Additional Parking
0
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
Fridge, stove, dishwasher, stackable washer/dryer, electric light fixtures and window coverings.
Condo maint.
$1,642

Rooms

RoomSizeFeaturesLevel
Living4.19328 × 7.39 mhardwood floor, W/O To Balcony, Window Flr to CeilMain
Dining3.12 × 4.17 mHardwood FloorMain
Kitchen3.28 × 4.19 mBreakfast Bar, Granite CounterMain
Primary3.81 × 5.44 m4 Pc Ensuite, W/I Closet, B/I ClosetMain
2nd Br3.38 × 5.38 mhardwood floor, Large Closet, Large WindowMain

Listing history

Buy/sell history for 401-616 Avenue 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$1,489,000N/AFor SaleC14095272

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

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $297,800

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
$297,800
Total mortgage amount
$1,191,200
Total interest payment
$847,000
Total purchase cost
$2,336,000
Mortgage payment
$6,794/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

91%

Monthly carrying cost

$8,928
−$6,028per month
  • Rent $2,900
  • Shortfall $6,028

Rental income opens at $2,900, the median asking rent of 10 comparable homes for lease in Casa Loma. 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
$26,255
Toronto municipal land transfer tax
$26,255
Total land transfer tax
$52,510
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$44,035
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 $400,000
$2,250
2.0% from $400,000 to $1,489,000
$21,780
Ontario total
$26,255

Toronto’s municipal tax uses the same brackets at this price, so it adds another $26,255.

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.

16 records · 9 on fileRead 2026-11-05
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 23,370 sq ft24 building permits issued within 250 m in the last 2 years1 open development application within 250 mNearest airport: 6.2 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 Canada1 federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at a household 50 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m3 test or monitoring holes also recorded.250 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity5

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 24 building permits issued within 250 m in the last 2 years250 m
  • 1 open development application within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
  • Nearest airport: 6.2 km6.2 km
  • Mapped parcel: about 23,370 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 · Municipal development applications · 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 CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
  • 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, Dotto One, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

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
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check 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

R (d2.0) (x833)

By-law

569-2013

Municipality

Toronto
Residential zone (R)
  1. 1 d2.0

    Density: floor area is capped at 2.0 times the lot area.

  2. 2 x833

    Site-specific exception 833: this site has rules of its own, written in the by-law.

  3. 3 Where this is written

    Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(833)

  4. 4 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

1 building permit cleared at this address in the City’s file.

  • Backflow Prevention Devices (Water only)Permit Issued

    Install one back flow prevention device

    Issued March 15, 2011

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. 6 open development applications within 800 m of this home.

  • 200 LONSDALE RDSite planUnder Review

    The proposed development is a 13,705 m2, 2-storey private academic building, consisting of a gymnasium, swimming pool, dining hall and kitchen, classrooms, and administrative spaces. Vehicular parking and loading spaces are located below grade. The proposal features a new soccer field, a landscaped terrace, a new playground area, and new landscaping and trees fronting Forest Hill Road and Upper Canada College Road.


    160 m away

  • 271 RUSSELL HILL RDSite planUnder Review

    Site Plan Amendment to 08 150183 STE 22 SA


    410 m away

  • 183 ST CLAIR AVE WSite planUnder Review

    Site Plan Approval for a 13-storey residential building having a gross floor area of 27,328.6 square metres. A total of 164 dwelling units are proposed.


    420 m away

  • 185 ST CLAIR AVE WSite planUnder Review

    Site Plan Approval for a 13-storey residential building having a gross floor area of 27,328.6 square metres. A total of 164 dwelling units are proposed.


    430 m away

  • 175 ST CLAIR AVE WSite planUnder Review

    Site Plan Approval for a 13-storey residential building having a gross floor area of 27,328.6 square metres. A total of 164 dwelling units are proposed.


    430 m away

  • 187 ST CLAIR AVE WSite planUnder Review

    Site Plan Approval for a 13-storey residential building having a gross floor area of 27,328.6 square metres. A total of 164 dwelling units are proposed.


    430 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 Casa Loma right now

For sale now
40
Median asking price
$1.52M

Middle half: $912K to $2.61M

New in 7 days
7

15 in 28 days

Price cuts
23%

9 listings

This home is asking 2% below the median.

See all homes in Casa Loma

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
St Clair StationTTC subway: Line 1 Yonge-University900 m
Davisville StationTTC subway: Line 1 Yonge-University1 km
St Clair West StationTTC subway: Line 1 Yonge-University1.2 km
Summerhill StationTTC subway: Line 1 Yonge-University1.3 km
Avenue StationTTC light rail: Line 5 Eglinton1.7 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, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Brown Junior Public SchoolToronto DSBPublic · grades JK–6 · French Immersion600 m91%Grade 6 average
Deer Park Junior and Senior Public SchoolToronto DSBPublic · grades JK–81 km80%Grade 6 average
Holy Rosary Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion1 km82%Grade 6 average
ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–63 km60%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Marshall McLuhan Catholic Secondary SchoolToronto CDSBCatholic · grades 9–122.1 km59%Grade 9 math
Forest Hill Collegiate InstituteToronto DSBPublic · grades 9–122.1 km60%Grade 9 math
North Toronto Collegiate InstituteToronto DSBPublic · grades 9–122.3 km80%Grade 9 math
Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–123.7 km86%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 Casa Loma are shown to signed-in members.

Email Yossi Kaplan, MBA, Salesperson