- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 600–699sq ft
- Per sq ft
- $785at the range’s middle
- Tax a year
- $2,5862026 tax year
- Built
- 0-5
- Parking
- 11 underground
- Days on market
- Members
The brief
About 1017-120 Varna Dr
1017-120 Varna Dr is a 2-bedroom, 1-bathroom condo in Englemount-Lawrence, Toronto, listed for sale at an asking price of $509,990 (MLS® C14123040).
Luxurious, sun-filled corner unit featuring 2 bedrooms, 1 bathroom, and an open balcony overlooking the CN Tower with southeast views. Enjoy a modern, open-concept kitchen with stainless steel appliances and a kitchen island. Premium building amenities include concierge and security services, a spacious gym, party room, BBQ area, garden patio, visitor parking, and guest suite.Just a 2-minute walk to Yorkdale Subway Station and a 7-minute walk to Yorkdale Shopping Centre, with easy access to Highway 401, restaurants, and everyday conveniences.Offering 604 sq. ft. of interior space plus a 96 sq. ft. balcony, this unit includes 1 parking space and 1 locker. With a low maintenance fee, it's an excellent opportunity for first-time buyers and investors.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall41/100−$593/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 12 condos with 2 bedrooms for lease in Englemount-Lawrence 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
- $2,586 / 2026
- MLS® number
- C14123040
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Englemount-Lawrence
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Building Age
- 0-5
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 1
- Bathroom Details
- 1 × 3pc Flat
- 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
- Included: Stainless steel appliances (built-in dishwasher, fridge, microwave, stove, and range hood), washer and dryer, kitchen island, window coverings, electric light fixtures, thermostat, 1 parking space, and 1 locker.Keys & Access: 3 unit keys, 2 key fobs, 2 mailbox keys, 1 locker key, and 1 garage door opener.
- Condo maint.
- $576
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Dining | 4.1 × 6.0 m | — | Flat |
| Living | 4.1 × 6.0 m | — | Flat |
| Kitchen | 4.1 × 6.0 m | — | Flat |
| Primary | 3.0 × 3.0 m | — | Flat |
| 2nd Br | 2.59 × 2.74 m | — | Flat |
Listing history
Buy/sell history for 1017-120 Varna Dr, 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 | $509,990 | N/A | For Sale | C14123040 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
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
- $101,998
- Total mortgage amount
- $407,992
- Total interest payment
- $290,108
- Total purchase cost
- $800,098
- Mortgage payment
- $2,327/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
40%Monthly carrying cost
$3,118- Rent $2,525
- Shortfall $593
Rental income opens at $2,525, the median asking rent of 12 comparable homes for lease in Englemount-Lawrence. 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
- $6,675
- Toronto municipal land transfer tax
- $6,675
- Total land transfer tax
- $13,350
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $4,875
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 $509,990
- $2,200
- Ontario total
- $6,675
Toronto’s municipal tax uses the same brackets at this price, so it adds another $6,675.
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 Kassaundra Dobson, Broker of Record 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.
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 m9 test or monitoring holes also recorded.250 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
- 398 building permits issued within 250 m in the last 2 years250 m
- 2 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 1.2 km1.2 km
Province of Ontario open data · Municipal building permits · Municipal development applications
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 Smith and Long Limited, 1.4 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 internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream. Cable: Rogers. DSL: Bell. Fixed wireless: 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
By-law
See Former City of North York By-Law No. 7625What 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.
Permit history
4 building permits cleared at this address in the City’s file.
Building Permit Related(MS)Closed
HVAC - Proposal for interior alterations to convert existing vacant ground floor unit to a retail store in an existing apartment building.Convenience address is 211A Ranee Ave
Issued May 6, 2024
Building Permit Related(PS)Closed
Plumbing - Proposal for interior alterations to convert existing vacant ground floor unit to a retail store in an existing apartment building.Convenience address is 211A Ranee Ave
Issued April 23, 2024
Interior AlterationsClosed
Proposal for interior alterations to convert existing vacant ground floor unit to a retail store in an existing apartment building.Convenience address is 211A Ranee Ave
Issued April 15, 2024
Electromagnetic LocksClosed
Maglock installation for new condo building and parking garage.
Issued September 3, 2020
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. 6 open development applications within 800 m of this home.
1-87 BREDONHILL CRTPlan of subdivisionUnder Review
Application to create new and reconfigured public streets, public parks and 8 new Toronto Community Housing lots, to permit new and replacement residential development in Phase 2 of TCHC Lawrence Heights revitalization.
180 m away3 LEILA LANEPlan of subdivisionUnder Review
Application to create new and reconfigured public streets, public parks and 8 new Toronto Community Housing lots, to permit new and replacement residential development in Phase 2 of TCHC Lawrence Heights revitalization.
180 m away5 LEILA LANEPlan of subdivisionUnder Review
Application to create new and reconfigured public streets, public parks and 8 new Toronto Community Housing lots, to permit new and replacement residential development in Phase 2 of TCHC Lawrence Heights revitalization.
270 m away2-8 FLEMINGTON RDPlan of subdivisionUnder Review
Application to create new and reconfigured public streets, public parks and 8 new Toronto Community Housing lots, to permit new and replacement residential development in Phase 2 of TCHC Lawrence Heights revitalization.
490 m away2 A FLEMINGTON RDPlan of subdivisionUnder Review
Application to create new and reconfigured public streets, public parks and 8 new Toronto Community Housing lots, to permit new and replacement residential development in Phase 2 of TCHC Lawrence Heights revitalization.
540 m away2 A FLEMINGTON RDSite planUnder Review
Site Plan Control Application proposes a new Community Recreation Centre and Child Care Centre as part of the Toronto Community Housing Lawrence Heights Revitalization project.
540 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 Englemount-Lawrence right now
- For sale now
- 30
- Median asking price
- $504K
- New in 7 days
- 6
- Price cuts
- 17%
Middle half: $431K to $742K
16 in 28 days
5 listings
This home is asking 1% above the median.
See all homes in Englemount-LawrenceAsking 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
| Station | Lines | Distance |
|---|---|---|
| Yorkdale Station | TTC subway: Line 1 Yonge-University | 200 m |
| Lawrence West Station | TTC subway: Line 1 Yonge-University | 800 m |
| Wilson Station | TTC subway: Line 1 Yonge-University | 1.3 km |
| Cedarvale Station | TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton | 2.8 km |
| Downsview Park Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie | 4.3 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, 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.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Flemington Public SchoolToronto DSB | Public · grades JK–5 | 400 m | 36%Grade 3 average |
| Baycrest Public SchoolToronto DSB | Public · grades JK–8 | 650 m | 77%Grade 6 average |
| St Charles Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1.2 km | 87%Grade 6 average |
| École élémentaire Mathieu-da-CostaConseil scolaire Viamonde | French-language public · grades JK–6 | 2.5 km | 90%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| John Polanyi Collegiate InstituteToronto DSB | Public · grades 9–12 | 850 m | 37%Grade 9 math |
| Yorkdale Secondary SchoolToronto DSB | Public · grades 9–12 | 1.2 km | — |
| Madonna Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 2.7 km | 39%Grade 9 math |
| École secondaire Étienne-BrûléConseil scolaire Viamonde | French-language public · grades 9–12 | 6.8 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.
The verdict
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Sold prices in Englemount-Lawrence are shown to signed-in members.