16 McAdam Avenue, Unit 507, Toronto, ON

$439,000
MLS#:W13723458
2 beds
2 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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Added:Aug 28, 2026(today)
Updated:Aug 28, 2026(today)
Last Checked:23 minutes ago

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Yorkdale-Glen Park. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $439,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-799 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this beautifully maintained and sun-filled 2-bedroom, 2-bathroom suite in the heart of North York. Thoughtfully designed with comfort and functionality in mind, this bright unit offers a carpet-free interior, creating a clean, modern aesthetic that's both stylish and low maintenance. The open-concept living and dining area is filled with natural light, providing the perfect space to relax or entertain. The seamless flooring throughout enhances the airy feel, while the smart split-bedroom layout offers privacy and flexibility for families, guests, or a dedicated home office. The spacious primary bedroom features its own private ensuite bath, while the second bedroom is generously sized and serviced by a full second bathroom - ideal for guests or growing families. Enjoy the convenience of 1 underground parking space and 1 locker, with the rare bonus of the locker located on the same floor as the unit - making storage access effortless and practical. Perfectly positioned just minutes from Highway 401 and steps to Yorkdale Mall, this location offers unbeatable access to world-class shopping, dining, transit, and major commuter routes. Whether you're a first-time buyer, investor, or downsizer, Unit 507 at 16 McAdam delivers the perfect blend of brightness, functionality, and urban convenience.

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Property Summary

This condo apartment located at 16 McAdam Avenue, Toronto is currently for sale and has been available on SousaSells for 0 days. This property is listed at $439,000 with an estimated mortgage of $1,461* per month. It has 2 beds, 2 bathrooms, and is 700-799 square feet. 16 McAdam Avenue, Toronto is in the Yorkdale-Glen Park neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Yorkdale-Glen Park, Toronto.

Highly Recommended for Families
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •700-799 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
AddedAug 28, 2026 (today)
UpdatedAug 28, 2026 (today)
Last Checked23 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$3,076.91

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Library
  • Park
  • Place Of Worship
  • Public Transit
  • Rec./Commun.Centre
  • School

Interior Features

  • Carpet Free

Security Features

  • Security System

Community Features

None listed

Frequently Asked Questions about 16 McAdam Avenue, Unit 507, Toronto, ON

Q.What is the asking price for 16 McAdam Avenue, Unit 507, Toronto, ON ?

The current listing price for 16 McAdam Avenue, Unit 507, Toronto, ON in Yorkdale-Glen Park, Toronto is $439,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately 700-799 sqft.

Q.What property type and architectural style is 16 McAdam Avenue, Unit 507, Toronto, ON ?

16 McAdam Avenue, Unit 507, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 16 McAdam Avenue, Unit 507, Toronto, ON offer?

Key property features include: Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.What security features are installed at 16 McAdam Avenue, Unit 507, Toronto, ON ?

Security features include: Security System.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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16 McAdam Avenue, Unit 507, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Toronto Average, Toronto

SAFETY RATING8.2 / 10
Low Incident Area
Total Annual Incidents344 incidents / yr
Average Per Month28.7 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

161 assaults (45.0/100k)

Property Security
Low

43 B&E (40.0/100k)

Auto Theft Risk
Low Risk

60 thefts (45.0/100k)

1-Year Trend
â–Ľ 5.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Condo Complex Overview

16 McAdam Avenue Condos

16 McAdam Avenue Toronto, Toronto

Built 20084.0 RatingView Building Page

16 McAdam Avenue: A Low‑Rise Gem Near Queen West

Street Grid and Walk Score

The block bounded by McAdam, Spadina, and Queen forms a compact, pedestrian‑first pocket that feels more like a neighbourhood than a transit corridor. From the building’s front entrance you can stroll to the bustling stretch of Queen Street West in under five minutes, hit the farmers’ market on Saturday mornings, or duck into the boutique coffee shop on the corner of McAdam and Spadina for a quick espresso. Walk Score sits at 88, placing it in the "Very Walkable" bracket, which translates to lower reliance on a car and higher desirability for young professionals and downsizers alike.

TTC Subway and GO Connections

Two TTC streetcar routes — 504 and 511 — run right outside the building, offering direct access to the downtown core and the waterfront. The nearest subway station, Spadina, is a short walk away, while the GO Lakeshore West line sits a few blocks north, making commutes to the airport or Mississauga seamless. For cyclists, the dedicated bike lane on Queen provides a protected route to the downtown core, and the building’s bike storage room includes secure racks and a small repair station.

Local Eats and Nightlife

The culinary scene around McAdam is surprisingly diverse for a low‑rise condo block. Within a block you’ll find the ever‑popular Biff’s Bistro for brunch, a sleek sushi bar on the corner of Spadina, and a hidden speakeasy-style cocktail lounge tucked behind a bookshop on Queen. Late‑night diners and a handful of ethnic eateries — think Vietnamese pho and Ethiopian injera — keep the food options fresh for residents who love to explore. The proximity to these venues adds a vibrant street‑level energy without the noise of a high‑rise downtown hub.

Parks, Schools and Community Vibes

Just a two‑minute walk brings you to the quiet, tree‑lined Trinity Bellwoods Park, perfect for weekend picnics or a morning jog. The area is served by several well‑rated elementary schools, including the nearby Public School 13, which consistently scores above the provincial average. Community events, such as the seasonal street festivals on Queen West, foster a sense of belonging that many high‑rise condo towers lack. The building itself maintains a friendly, low‑traffic lobby and a part‑time concierge who handles package deliveries and visitor parking, reinforcing a boutique living experience.

Parking, Balconies and Real‑World Fees

The building offers one underground parking spot per unit, allocated on a first‑come, first‑served basis, and a limited number of visitor spaces that can be reserved through the concierge. Balconies average 3.5 m², providing enough room for a small outdoor table or a few potted plants, a rarity in many newer high‑rise developments. Maintenance fees cover exterior lighting, seasonal landscaping, and the building’s security system, and currently sit at $380 per month, which is competitive for the neighbourhood’s price point.

Market Reality Check

Recent sales data from the last twelve months show that units at 16 McAdam Avenue have appreciated roughly 6 % year‑over‑year, outpacing the average for low‑rise condos in the West End. Listings typically stay on the market for 22 days before going under contract, and the average sale price hovers around $1.15 million for a two‑bedroom unit. Automated online estimators often overstate the value by 8‑10 %, so a professional appraisal from Tony Sousa & The SOUSA TEAM can provide a more accurate picture.

Why This Building Appeals to Specific Buyers

The blend of walkability, transit access, and a tight‑knit community makes this address especially attractive to young professionals seeking a downtown lifestyle without the high fees of high‑rise towers, as well as to downsizers who value a manageable footprint and easy access to amenities. Investors also appreciate the steady rental demand for two‑bedroom units, which typically command $2,600 per month in the area.

Next Steps with Tony Sousa & The SOUSA TEAM

If you’re curious about a personalized evaluation, off‑market alerts, or a confidential unit valuation, reach out to Tony Sousa & The SOUSA TEAM today. Their deep knowledge of Toronto’s micro‑neighbourhoods ensures you get insights that go beyond generic listings, helping you make a confident decision whether you’re buying, selling, or investing.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 16 McAdam Avenue 507, Toronto, ON M6A 0B9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$131,700 (30.0%)
* Minimum Canadian down payment required for this price is $21,950.
Amortization Period30 Years
Estimated Monthly Payment$1,461Based on a loan of $307,300 over 30 years.
Purchase Price$439,000
Loan Amount$307,300
Provincial Land Transfer Tax:$5,255
Toronto Municipal Land Transfer Tax:$5,255
Total Estimated Closing Taxes:$10,510

About Purchasing a Home in Toronto, ON

For a property listed at $439,000 in Toronto, the legal minimum down payment is $21,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $5,255 also applies, bringing the total estimated land transfer taxes to $10,510.

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Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,383,792

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Toronto

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
John Ross Robertson
Public130 Glengrove Avenue West, Toronto, Ontario, M4R 1P2
8.5

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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