- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1,000–1,199sq ft
- Per sq ft
- $849at the range’s middle
- Tax a year
- $4,4352026 tax year
- Built
- 16-30
- Parking
- 11 underground
- Days on market
- Members
The brief
About 508-2 Edith Dr
508-2 Edith Dr is a 2-bedroom, 2-bathroom condo in Yonge-Eglinton, Toronto, listed for sale at an asking price of $934,000 (MLS® C14123962).
Welcome To The Movado At 2 Edith Dr. A Fabulous Low-Rise Boutique Condo In The Yonge & Eglinton Neighbourhood. It Is Very Rare That This Corner Unit, Just Shy Of 1100 Sq-Ft 2 Bed, 2 Bath With An Open Concept And Split Bedroom Floorplan At Yonge And Eg Comes Available. This Unit Has Been Upgraded With New Custom Kitchen Cabinets And Appliances, Additional Storage Cabinets, 9' Smooth Finished Ceilings, Crown Mouldings And New Luxury Vinyl Flooring. The Primary Bedroom Is A Great Size With A Walk In Closet And Upgraded 4-Piece Ensuite. The Shower Rivals Those Found In Custom-Built Homes. Laundry Is In The Unit With A Newer Full-Size Washer And Dryer. Another Fabulous Feature Is A Fantastic Balcony That Faces North-West Looking Over A Canopy Of Trees (Not Eglinton Ave) That Gives You A Lot Of Privacy. This Unit Also Comes With a Parking Spot And Locker. The Building Amenities Have a Gym, Party/Meeting Room And BBQ Area. Awesome Eglinton Park And North Toronto Community Centre Are Right Around The Corner. You Are Only A 5-Minute Walk To The Corner Of Yonge And Eglinton, Where You Can Hop On The TTC Subway Or The LRT. There Are Tons Of Retail Shops, Restaurants, Grocery Stores And Medical Offices Up And Down Yonge St And Across Eglinton Ave. However, When You Just Need A Few Basics, There Is A Convenience Store And Dry Cleaners Right Across The Street. Another Big Plus Is You Don't Need To Wait Forever For An Elevator Like In Many Of The 30-40 Storey Plus High Rises. Maint Fees Include: Heat, Hydro, Water, Central AC - Pets Allowed With Some Restrictions.
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall10/100−$3,011/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 12 condos with 2 bedrooms for lease in Yonge-Eglinton 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
- $4,435 / 2026
- MLS® number
- C14123962
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 16-30
- Days on market
- Size
- 1000-1199 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Yonge-Eglinton
- Municipality
- Toronto
Building
- Size
- 1000-1199 sqft
- Building Age
- 16-30
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Flat, 1 × 4pc 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
- Yes
- Den
- No
- Family room
- No
- Extras
- Fridge, Stove, Dishwasher, Microwave, Stacked Washer and Dryer, all existing ELF and Window Coverings
- Condo maint.
- $1,379
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.17 × 4.3 m | Laminate, Combined W/Dining, W/O To Balcony | Flat |
| Dining | 3.14 × 4.02 m | Laminate, Combined W/Living, Fireplace | Flat |
| Kitchen | 2.44 × 2.87 m | Quartz Counter, Breakfast Bar, Renovated | Flat |
| Primary | 3.02 × 5.66 m | Laminate, W/O To Balcony, W/I Closet | Flat |
| 2nd Br | 2.65 × 4.21 m | Laminate, Closet, Picture Window | Flat |
| Bathroom | 2.74 × 3.26 m | 4 Pc Ensuite, B/I Shelves | Flat |
Listing history
Buy/sell history for 508-2 Edith 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 | $934,000 | N/A | For Sale | C14123962 |
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
- $186,800
- Total mortgage amount
- $747,200
- Total interest payment
- $531,400
- Total purchase cost
- $1,465,400
- Mortgage payment
- $4,262/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
77%Monthly carrying cost
$6,011- Rent $3,000
- Shortfall $3,011
Rental income opens at $3,000, the median asking rent of 12 comparable homes for lease in Yonge-Eglinton. 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
- $15,155
- Toronto municipal land transfer tax
- $15,155
- Total land transfer tax
- $30,310
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $21,835
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 $934,000
- $10,680
- Ontario total
- $15,155
Toronto’s municipal tax uses the same brackets at this price, so it adds another $15,155.
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 conservation4
- 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 m49 test or monitoring holes also recorded.250 m
- Groundwater recorded about 5 m below ground nearbyThe middle water level in the well records within 500 m (396 records). It changes with the season and from spot to spot.500 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
- 44 building permits issued within 250 m in the last 2 years250 m
- 30 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 4.9 km4.9 km
- Mapped parcel: about 18,270 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
- 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 a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 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
CR 3.0 (c3.0; r2.0) SS2 (x2236)By-law
569-2013Municipality
Toronto1 3.0
Density: total floor area is capped at 3.0 times the lot area.
2 c3.0
Commercial floor area is capped at 3.0 times the lot area.
3 r2.0
Residential floor area is capped at 2.0 times the lot area.
4 x2236
Site-specific exception 2236: this site has rules of its own, written in the by-law.
5 SS2
Standards set 2: the setback, height and coverage rules the by-law applies to this zone.
6 Where this is written
Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(2236)
7 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
2 building permits cleared at this address in the City’s file.
Garage Repair/ReconstructionClosed
Proposal for replacement of waterproofing system for the underground garage including structural repairs and surface adjustments.
Issued June 27, 2025
Other(BA)Closed
Proposal for balcony guardrail replacement on the 7th floor of an existing residential condo - UNITS 703, 704, 705
Issued March 18, 2024
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.
19 HENNING AVEOfficial plan or zoning amendmentOMB Appeal
The application proposes to increase the permitted height and density from the approved heights of 35 and 37-storeys as per By-law 1263-2022 (OLT), to 46 and 58-storeys This height increase would result in a total gross floor area of 73,305 m2, comprised of 71,992 m2 of residential GFA and 1,313 m2 of non-residential GFA at-grade. A total of 1,206 residential units are proposed, including 553 units in the west tower and 653 in the east tower. Vehicular and loading access to the development continues to be proposed from the future east-west private laneway on-site, connecting Henning Avenue and Duplex Avenue. Three (3) levels of underground parking are proposed, containing a total of 216 vehicular parking spaces. The revised buildings maintain the setbacks, stepbacks, commercial uses, and heritage retention of the previous approval.
150 m away19 HENNING AVEOfficial plan or zoning amendmentOMB Appeal
Applications for Zoning By-law Amendment and Site Plan Control have been revised and submitted. The initial proposal was for two towers measuring 24 storeys (90 Eglinton Ave W) and 32 storeys (50-60 Eglinton Ave W) in height. The proposal has now been amended to increase the height of the towers to 34 and 39 storeys in height atop a 3-storey mixed-use base building with 688 residential units. The development proposes a total gross floor area of 54,755 square metres, of which 2,898 square metres is proposed for retail uses and 4,048 square metres is proposed for office uses, resulting in an FSI of 13.73 times the lot area.
150 m away19 HENNING AVESite planAppeal Received
Applications for Zoning By-law Amendment and Site Plan Control have been revised and submitted. The initial proposal was for two towers measuring 24 storeys (90 Eglinton Ave W) and 32 storeys (50-60 Eglinton Ave W) in height. The proposal has now been amended to increase the height of the towers to 34 and 39 storeys in height atop a 3-storey mixed-use base building with 688 residential units. The development proposes a total gross floor area of 54,755 square metres, of which 2,898 square metres is proposed for retail uses and 4,048 square metres is proposed for office uses, resulting in an FSI of 13.73 times the lot area.
150 m away17 HENNING AVEOfficial plan or zoning amendmentOMB Appeal
Applications for Zoning By-law Amendment and Site Plan Control have been revised and submitted. The initial proposal was for two towers measuring 24 storeys (90 Eglinton Ave W) and 32 storeys (50-60 Eglinton Ave W) in height. The proposal has now been amended to increase the height of the towers to 34 and 39 storeys in height atop a 3-storey mixed-use base building with 688 residential units. The development proposes a total gross floor area of 54,755 square metres, of which 2,898 square metres is proposed for retail uses and 4,048 square metres is proposed for office uses, resulting in an FSI of 13.73 times the lot area.
150 m away17 HENNING AVESite planAppeal Received
Applications for Zoning By-law Amendment and Site Plan Control have been revised and submitted. The initial proposal was for two towers measuring 24 storeys (90 Eglinton Ave W) and 32 storeys (50-60 Eglinton Ave W) in height. The proposal has now been amended to increase the height of the towers to 34 and 39 storeys in height atop a 3-storey mixed-use base building with 688 residential units. The development proposes a total gross floor area of 54,755 square metres, of which 2,898 square metres is proposed for retail uses and 4,048 square metres is proposed for office uses, resulting in an FSI of 13.73 times the lot area.
150 m away17 HENNING AVEOfficial plan or zoning amendmentOMB Appeal
The application proposes to increase the permitted height and density from the approved heights of 35 and 37-storeys as per By-law 1263-2022 (OLT), to 46 and 58-storeys This height increase would result in a total gross floor area of 73,305 m2, comprised of 71,992 m2 of residential GFA and 1,313 m2 of non-residential GFA at-grade. A total of 1,206 residential units are proposed, including 553 units in the west tower and 653 in the east tower. Vehicular and loading access to the development continues to be proposed from the future east-west private laneway on-site, connecting Henning Avenue and Duplex Avenue. Three (3) levels of underground parking are proposed, containing a total of 216 vehicular parking spaces. The revised buildings maintain the setbacks, stepbacks, commercial uses, and heritage retention of the previous approval.
150 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 Yonge-Eglinton right now
- For sale now
- 34
- Median asking price
- $799K
- New in 7 days
- 0
- Price cuts
- 6%
Middle half: $571K to $1.36M
10 in 28 days
2 listings
This home is asking 17% above the median.
See all homes in Yonge-EglintonAsking 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 |
|---|---|---|
| Eglinton Station | TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton | 400 m |
| Avenue Station | TTC light rail: Line 5 Eglinton | 500 m |
| Davisville Station | TTC subway: Line 1 Yonge-University | 1 km |
| Mount Pleasant Station | TTC light rail: Line 5 Eglinton | 1.1 km |
| Chaplin Station | TTC light rail: Line 5 Eglinton | 1.2 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
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Monica Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 600 m | 84%Grade 6 average |
| Oriole Park Junior Public SchoolToronto DSB | Public · grades JK–6 | 650 m | 100%Grade 3 average |
| John Fisher Junior Public SchoolToronto DSB | Public · grades JK–6 · French Immersion | 800 m | 87%Grade 6 average |
| ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 4.6 km | 60%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Marshall McLuhan Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 600 m | 59%Grade 9 math |
| North Toronto Collegiate InstituteToronto DSB | Public · grades 9–12 | 700 m | 80%Grade 9 math |
| Northern Secondary SchoolToronto DSB | Public · grades 9–12 | 1.1 km | 72%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 5.3 km | 86%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 Yonge-Eglinton are shown to signed-in members.