Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

1603 Eglinton Avenue W 507, Toronto, ON M6E 0A1

2 beds · 2 baths · 1 kitchen · 5 rooms · 1 parking space · 700-799 sq ft · Locker · Laundry in unit · Condo Apartment
$580,000

Utilities includedCentral Air Conditioning · Heat

Also includedCommon Elements · Building Insurance · Parking

Maintenance fee
$755 / month
Property tax
$3,077 / year
Included in the fee
CAC, Common Elements, Heat, Building Insurance, Parking

Sophisticated 2-Bedroom, 2-Bathroom , 1 parking, 1 locker Suite at Empire Midtown! This stunning west-facing unit features $$$$ in premium builder upgrades, enhancing its sleek, modern finishes. Spanning a well layed out floorplan the suite offers flooring throughout, two walkouts to a spacious balcony. The contemporary kitchen is equipped with stainless steel appliances, ample storage in the unit and second bedroom, plus a walk-in closet in the primary suite. Amazing Location! Situated directly across from the Oakwood LRT Station, just an 8-minute walk to the TTC subway, and minutes to Highway 401. Building Amenities: 24-hour concierge, party room with kitchen & dining area, fitness center, two guest suites, bike storage, and an outdoor landscaped terrace with BBQ. Inclusions: Stainless steel fridge, stove, dishwasher, microwave, full-sized washer & dryer, all light fixtures, and window coverings.

MLS number
C13757646
Type
Condo Apartment
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
M6E 0A1
Photos
20
Locker
Yes — Owned (locker 142, level B)
Laundry
In the unit — In-Suite Laundry
Included in the fee
CAC, Common Elements, Heat, Building Insurance, Parking
5days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to this street. The listing did not say which direction, and every candidate was in the same place.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

J R Wilcox Community School7.2 / 10
Elementary · Regular Track
TDSB boundary
Oakwood Collegiate Institute6.6 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St Thomas Aquinas Catholic School
Toronto CDSB
Elementary206 m7.4 / 10
74% met the standard
D'Arcy McGee Catholic School
Toronto CDSB
Elementary528 m4.8 / 10
48% met the standard
Fairbank Public School
Toronto DSB
Elementary576 m5.9 / 10
59% met the standard
Lycée Français de TorontoElementary and secondary609 mNot reported
Torah HighSecondary682 mNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Condo Apartments in Toronto C03252 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$532k$697k$861k20252026this home’s asking price
$615klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
96%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d15d30d20252026
26dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among condo apartments in toronto c03. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 887 people.

$72,000Median household income
42.5%Own their home
24.1%Detached houses
35.2Median age
48.8%Born outside Canada
40.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35202237 — the few blocks around this address, home to 887 people. It describes the area, not this property.

887Population
39.4Average age
2.1Household size
$90,800Average household income
$72,000Median household income
43%Own their home
58%Rent
46%Condominiums
49%Born outside Canada
40%University degree
$920,000Average home value
17%Low income
39%Not in the labour force
37%Never married
Under $5,0003%
$5,000 to $9,9991%
$10,000 to $14,9992%
$15,000 to $19,9991%
$20,000 to $24,9995%
$25,000 to $29,9994%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9994%
$45,000 to $49,9993%
$50,000 to $59,9997%
$60,000 to $69,9995%
$70,000 to $79,9996%
$80,000 to $89,9995%
$90,000 to $99,9994%
$100,000 and over24%
$100,000 to $124,9998%
$125,000 to $149,9995%
$150,000 to $199,9996%
$200,000 and over5%

Percentages are of the 555 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$116,000 · minimum here is $33,000
$2,568.11per month
Borrowed before insurance$464,000
Total borrowed$464,000
Interest over 25 years at 4.5%$306,434

If you rented it out

-$3,579.53per month out of pocket
Rent$0.00
Everything it costs to hold$3,579.53
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 8 still in progress.

7 PARK HILL RD453 m
Under Review · applied August 18, 2025

Site Plan Control Application proposes the development of an 48-storey residential building. The building will provide a total of 505 residential units, being a mix of studio, 1-bedroom, 1-bedroom + den, 2-bedroom, 2-bedroom + den, and 3-bedroom units.…

City planning file →
7 PARK HILL RD453 m
OMB Appeal · applied August 15, 2025

OPA & Rezoning Application proposes the development of an 48-storey residential building. The building will provide a total of 505 residential units, being a mix of studio, 1-bedroom, 1-bedroom + den, 2-bedroom, 2-bedroom + den, and 3-bedroom units.…

City planning file →
1414 EGLINTON AVE W312 m
OMB Appeal · applied October 4, 2024

Rezoning Application to redevelop the site with a 43-storey mixed-use building with a total net FSI of 24.77 and a lot coverage of approximately 71%.…

City planning file →
1685 EGLINTON AVE W422 m
OMB Appeal · applied August 7, 2024

Combined Official Plan and Zoning By-law Amendment for a 123.0 metre, plus mechanical penthouse (37-storey), 26,500-square metre mixed-use building, with 416 dwelling units (including 75 rental replacement units) and 500 square metres of non-residential use.…

City planning file →
1723 EGLINTON AVE W441 m
OMB Appeal · applied August 2, 2024

A combined Official Plan and Zoning By-law Amendment for a 39-storey (129.0 metre, plus mechanical penthouse), 26,800-square metre mixed use building, with 423 dwelling units (including 8 rental replacement units) and 500 square metres of non-residential use t…

City planning file →
838 ROSELAWN AVE461 m
Under Review · applied November 8, 2021

Site plan approval application to facilitate the redevelopment of the site for a 35-storey mixed-use building having a non-residential gross floor area of 397.50 square metres, and a residential gross floor area of 33,011.70 square metres.…

City planning file →
838 ROSELAWN AVE461 m
Under Review · applied November 8, 2021

*** 35-storey mixed-use building having a non-residential gross floor area of 397.50 square metres, and a residential gross floor area of 33,011.70 square metres. 472 residential units are proposed, of which, 53 shall be rental replacement units.

City planning file →
1445 EGLINTON AVE W429 m
Under Review · applied May 22, 2020

INACTIVE Site Plan approval for proposed renovations and additions to the existing place of worship. The proposed addition will be approximately 719 square metres, for a total gross floor area of 5038 square metres.

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by ROYAL LEPAGE SIGNATURE REALTY. Listing data provided by the Toronto Regional Real Estate Board.