For SaleLeasehold Condo · ApartmentMLS® #E14159524 · TRREB MLS®
1038 McNicoll Ave, Toronto, Ontario
Steeles, Toronto, Ontario M1W 0A4
- Bedrooms
- 1+1
- Bathrooms
- 1
- Type
- Leasehold Condo
- Basement
- None
$392,000
Estimated market value
About 1038 McNicoll Ave
1038 McNicoll Ave is a 1+1-bedroom, 1-bathroom condo in Steeles, Toronto, listed for sale at an asking price of $392,000 (MLS® E14159524).
Newly Renovated from Top to Bottom 1+Den Life lease Condo at Vintage Garden I Designed For Senior Living!! 645 Sqft, Bright And Open Concept With Amazing 10 Ft High Ceilings. Emergency Call Button In Bathroom. Emergency Call Button in Bathroom,24 Hour Security & Emergency Response System, Medical Clinic Services, Restaurant/Library/Organized Social Activities in the building, Small Park with Exercise Equipment and a Christian Church besides! Walking distance to Restaurants/Bank/Bakery..Much Much more!! Principal Resident Must Be 55+! Grand lobby and generous amenities including dining room, library, gym,and more
Insights
Condition Score
Good2 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$877/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 12 homes with 2 bedrooms for lease in Steeles right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $1,915 / 2025
- MLS® number
- E14159524
- Board
- TRREB MLS®
- Property Type
- Leasehold Condo
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- Underground, 0 Parking
Listing history
Buy/sell history for 1038 McNicoll Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $392,000 | N/A | For Sale | E14159524 |
Members see the full history. Prices are hidden from signed-out visitors.
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 Domin Kurian for a full comparative market analysis.
Property details
Property
- Property Type
- Leasehold Condo
- Style
- Apartment
- Community
- Steeles
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 3pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Brand New S/S fridge, oven, S/S dishwasher, washer and dryer, All electrical light fixtures, All window coverings. One Locker (On the same floor). Monthly: Maintenance Fee $678.30; Property Tax $159.61 Per Month.
- Condo maint.
- $678
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 3.01 × 3.08 m | Ceramic Floor, Stainless Steel Appl, Quartz Counter | Flat |
| Living | 3.1 × 4.8 m | Vinyl Floor, Large Window, Combined W/Dining | Flat |
| Dining | 3.1 × 4.8 m | Vinyl Floor, Open Concept, Combined W/Living | Flat |
| Primary | 3.4 × 3.05 m | Vinyl Floor, Large Closet, Large Window | Flat |
| Den | 2.2 × 2.07 m | Vinyl Floor | Flat |
Map and tour
Condos for sale in Steeles right now
- For sale now
- 26
- Median asking price
- $414K
- New in 7 days
- 3
- Price cuts
- 27%
Middle half: $364K to $499K
13 in 28 days
7 listings
This home is asking 5% below the median.
See all homes in SteelesAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Signals around this home
Changing nearby. 2 open development applications within 800 m of this home.
3551 VICTORIA PARK AVESite planUnder Review
Site Plan approval application for a Place of Worship in an existing Single Family Dwelling. Concurrent rezoning application approved at the Ontario Muncipal Board May 1, 2012.
590 m away4100 GORDON BAKER RDSite planApplication Received
Site Plan Amendment in order to facilitate the relocation of an existing parking lot that will enable a return-to-work mandate for the Bank of Montreal¿s Scarborough Computer Complex (¿SCC¿)
710 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.
Land transfer tax on this home
- Ontario land transfer tax
- $4,355
- Toronto municipal land transfer tax
- $4,355
- Total land transfer tax
- $8,710
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,355
- Total for first-time buyers
- $355
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 $392,000
- $2,130
- Ontario total
- $4,355
Toronto’s municipal tax uses the same brackets at this price, so it adds another $4,355.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
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.
Permit history
No building permits on file at this address.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Sir Samuel B Steele Junior Public SchoolToronto DSB | Public · grades JK–6 · French Immersion | 650 m | 79%Grade 6 average |
| Cherokee Public SchoolToronto DSB | Public · grades JK–5 · French Immersion | 900 m | 62%Grade 3 average |
| St Henry Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1 km | 91%Grade 6 average |
| École élémentaire Paul-DemersConseil scolaire Viamonde | French-language public · grades JK–6 | 3.7 km | 95%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Dr Norman Bethune Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.4 km | 73%Grade 9 math |
| L'Amoreaux Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 1.5 km | 30%Grade 9 math |
| Msgr Fraser College (Northeast)Toronto CDSB | Catholic · grades 9–12 | 2.2 km | — |
| École secondaire Étienne-BrûléConseil scolaire Viamonde | French-language public · grades 9–12 | 6.7 km | 77%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.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Old Cummer GO | GO Transit train: Richmond Hill | 3.2 km |
| Milliken GO | GO Transit train: Stouffville | 3.3 km |
| Don Mills Station | TTC subway: Line 4 Sheppard | 3.6 km |
| Agincourt GO | GO Transit train: Stouffville | 4.7 km |
| Enterprise Blvd / Warden Av | YRT bus rapid transit: Viva Purple | 4.7 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; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, 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. Contains public transit Information made available under YRT's Open Data Licence.
Zoning
By-law
See Former City of Scarborough Employment District By-Law No. 24982 (Steeles)What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
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.
Mortgage Calculator
Plan with the current asking price
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
- $78,400
- Total mortgage amount
- $313,600
- Total interest payment
- $223,100
- Total purchase cost
- $615,100
- Mortgage payment
- $1,789/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
59%Monthly carrying cost
$2,627- Rent $1,750
- Shortfall $877
Rental income opens at $1,750, the median asking rent of 12 comparable homes for lease in Steeles. Type over it with the rent you expect. This is a planning tool, not advice.
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