- Bedrooms
- 1+1
- Bathrooms
- 1
- Size
- 600–699sq ft
- Per sq ft
- $921at the range’s middle
- Tax a year
- $3,6122025 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 502-377 Madison Ave
502-377 Madison Ave is a 1+1-bedroom, 1-bathroom condo in Casa Loma, Toronto, listed for sale at an asking price of $598,000 (MLS® C14120428).
Welcome to South Hill on Madison. Sought-after boutique building, perfectly located in desirable Casa Loma. Thoughtfully designed one plus den unit with bright south exposure. Entertainer's kitchen features luxury built-in, paneled appliances and stone countertops. Host in style with a spacious den/dining area that easily accommodates a full dining setup. High-end, modern finishes and fixtures throughout and ensuite laundry nook. Generous living room with walkout to balcony. Quiet courtyard exposure. Unit comes with a fully enclosed locker room and covered parking spot. Enjoy the convenience of condo living: 24 hour concierge, gym, yoga room and more. Coveted Casa Loma location. Steps to subway, popular Dupont Strip cafes, shops and restaurants. The best of city living!
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall37/100−$858/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
- $3,612 / 2025
- MLS® number
- C14120428
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Casa Loma
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc
- 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
- Existing light fixtures and window coverings. Existing appliances: Fridge, cook top , fan hood, built-in oven, microwave, dishwasher, 2-in-1 washer/dryer. Kitchen island.
- Condo maint.
- $728
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Foyer | 1.54 × 1.91 m | Closet | Flat |
| Living | 3.19 × 3.93 m | Open Concept, W/O To Balcony | Flat |
| Dining | 3.08 × 3.15 m | — | Flat |
| Kitchen | 2.09 × 3.43 m | Centre Island, Stainless Steel Appl | Flat |
| Br | 2.93 × 3.17 m | W/W Closet, Sliding Doors | Flat |
| Bathroom | 1.74 × 2.55 m | 4 Pc Bath | Flat |
| Laundry | 1.84 × 1.93 m | — | Flat |
Listing history
Buy/sell history for 502-377 Madison 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 | $598,000 | N/A | For Sale | C14120428 |
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
- $119,600
- Total mortgage amount
- $478,400
- Total interest payment
- $340,300
- Total purchase cost
- $938,300
- Mortgage payment
- $2,729/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
45%Monthly carrying cost
$3,758- Rent $2,900
- Shortfall $858
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
- $8,435
- Toronto municipal land transfer tax
- $8,435
- Total land transfer tax
- $16,870
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $8,395
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 $598,000
- $3,960
- Ontario total
- $8,435
Toronto’s municipal tax uses the same brackets at this price, so it adds another $8,435.
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
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) (x436)By-law
569-2013Municipality
Toronto1 d2.0
Density: floor area is capped at 2.0 times the lot area.
2 x436
Site-specific exception 436: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(436)
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
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
555 DAVENPORT RDSite planUnder Review
Site Plan Approval for an 8-storey residential building having a gross floor area of 10,906 square metres, and containing 134 residential dwelling units.
330 m away500 MACPHERSON AVESite planUnder Review
Site plan approval application for an 8-storey residential building having a gross floor area of 11572 square metres, and containing 135 residential dwelling units.
330 m away326 DAVENPORT RDSite planUnder Review
INACTIVE Proposal for a 22-storey mixed-use building comprised of 100 residential dwelling units and 1098 square metres of non-residential gross floor area at grade and the second floor. A total of 210 parking spaces will be provided on the lot in a below grade parking garage.
480 m away374 DUPONT STSite planUnder Review
Proposal revised:A 16-storey mixed-use building with a wrapped MPH/Amenity at Level 16. Proposal contains 257 dwelling units and 811 square metres of at-grade retail space along the Dupont Street frontage. The proposal also includes 72 vehicular parking spaces and 142 bicycle parking spaces.
480 m away320 DAVENPORT RDSite planUnder Review
INACTIVE Proposal for a 22-storey mixed-use building comprised of 100 residential dwelling units and 1098 square metres of non-residential gross floor area at grade and the second floor. A total of 210 parking spaces will be provided on the lot in a below grade parking garage.
490 m away321 DAVENPORT RDCondominiumUnder Review
*** Draft Plan of Condominium for 23 residential units in a 9-storey residential building.
490 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
- New in 7 days
- 7
- Price cuts
- 23%
Middle half: $912K to $2.61M
15 in 28 days
9 listings
This home is asking 61% below the median, lower than three quarters of them.
See all homes in Casa LomaAsking 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 |
|---|---|---|
| Dupont Station | TTC subway: Line 1 Yonge-University | 350 m |
| St Clair West Station | TTC subway: Line 1 Yonge-University | 1.1 km |
| St George Station | TTC subway: Line 1 Yonge-University, Line 2 Bloor-Danforth | 1.1 km |
| Chaplin Station | TTC light rail: Line 5 Eglinton | 3 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 4.1 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 and UP Express 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 |
|---|---|---|---|
| Huron Street Junior Public SchoolToronto DSB | Public · grades JK–6 | 800 m | 74%Grade 6 average |
| Hillcrest Community SchoolToronto DSB | Public · grades JK–6 | 850 m | 83%Grade 6 average |
| Holy Rosary Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 1.1 km | 82%Grade 6 average |
| ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1.9 km | 60%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Loretto College SchoolToronto CDSB | Catholic · grades 9–12 | 1.4 km | 40%Grade 9 math |
| Central Technical SchoolToronto DSB | Public · grades 9–12 | 1.6 km | 34%Grade 9 math |
| Harbord Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 1.9 km | 77%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 2.8 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
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Sold prices in Casa Loma are shown to signed-in members.