1470 Midland Ave #601 is a 2-bedroom, 2-bathroom condo in Toronto, listed for $499,900. It has 900-999 sq ft of living space.
1Dark-Toned Flooring And Neutral Walls Offer A Versatile Backdrop For Your Personal Style.
2The Kitchen Pairs White Cabinetry, Contrasting Countertops And A Hexagon-Tile Backsplash With Stainless Steel Appliances And A Convenient Pass-Through To The Dining Area.
3Both Bedrooms Feature Large Windows, While In-Suite Laundry And One Included Parking Space Add Everyday Practicality.
Welcome To Suite 601 At Scarborough Fair, Where Natural Light, A Functional Layout And Everyday Convenience Come Together. This Two-Bedroom, Two-Bathroom Corner Suite Features An Open-Concept Living And Dining Area Framed By Expansive Windows, Creating A Bright, Inviting Setting For Relaxing Or Entertaining. Dark-Toned Flooring And Neutral Walls Offer A Versatile Backdrop For Your Personal Style. The Kitchen Pairs White Cabinetry, Contrasting Countertops And A Hexagon-Tile Backsplash With Stainless Steel Appliances And A Convenient Pass-Through To The Dining Area. A Window-Lined Solarium Provides A Cheerful Spot For Morning Coffee, A Quiet Reading Nook Or Your Favourite Plants. Both Bedrooms Feature Large Windows, While In-Suite Laundry And One Included Parking Space Add Everyday Practicality. Residents Enjoy An Indoor Swimming Pool, Exercise Room, Sauna And Concierge/Security, Offering Plenty Of Ways To Unwind Without Leaving Home. Conveniently Located Near Midland And Lawrence, With TTC Service, Groceries, Shopping And Restaurants Close By, Plus Easy Access To Highway 401 And Scarborough Town Centre. An Excellent Opportunity For First-Time Buyers, Downsizers Or Anyone Looking For A Light-Filled Home In An Established Scarborough Community. Some Photos Have Been Virtually Staged.
2 bedrooms, 2 bathrooms, about 900 sq ft, works out to roughly $555 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 1470 Midland Ave #601
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
900-999 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
1470 Midland Ave #601 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E14086444$499,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1470 Midland Ave #601 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,456
/mo
based on the purchase price of $499,900
$99,980 cash
$399,920 financed
$336,838 total interest
Principal54%$399,920
Interest46%$336,838
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $500K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4964.8%On average, homes sold at or above asking.
Active listings12,909Homes for sale here right now.
Median vs prior 90 days+2.4%Compared with Apr 20 – Jul 19, 2026: prices up.
Based on 9,556 sales from Jul 19 – Oct 17, 2026 (6,655 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
4 for sale · 2 for rent at 1470 Midland Ave — plus its sale and lease history.
1470 Midland Ave #601 is listed at $499,900 (MLS® E14086444). Summitly updates the price as soon as the MLS® record changes.
Is $499,900 a good price for 1470 Midland Ave #601?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1470 Midland Ave #601 changed?
No — 1470 Midland Ave #601 is still listed at its original asking price of $499,900.
How many bedrooms and bathrooms does 1470 Midland Ave #601 have?
1470 Midland Ave #601 has 2 bedrooms and 2 bathrooms, with about 900–999 square feet of living space. It is a condo in Toronto.
Is 1470 Midland Ave #601 close to transit?
The nearest rapid-transit station is Kennedy Station (Line 2, Line 5, Stouffville GO), about 2.2 km in a straight line. Ionview Station is about 2.4 km, and Birchmount Station is about 2.6 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 1470 Midland Ave #601?
About $2,456 a month — principal and interest on $499,900 with 20% down ($99,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1470 Midland Ave #601 compare with other homes in Toronto?
Its asking price of $499,900 is about 41% below the median sold price in Toronto over the last 90 days, $845,000, across 9,556 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1470 Midland Ave #601 been sold before?
Summitly has no earlier MLS® sale or lease of 1470 Midland Ave #601 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1470 Midland Ave #601?
1470 Midland Ave #601 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1470 Midland Ave #601 been on the market?
2 days — 1470 Midland Ave #601 was listed on October 15, 2026.
What is the price per square foot of 1470 Midland Ave #601?
About $500 to $555 per square foot: the asking price of $499,900 over the 900–999 sq ft the listing gives as its size range.
Does 1470 Midland Ave #601 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
