Welcome To B-Line Condos And This Nicely Upgraded Suite Located Just West Of Toronto. This Spacious Open Concept Layout Offers A Large Living Area And Two Large Bedrooms, One With 3 Piece Ensuite. The Modern Kitchen Is Sleek And Well Appointed With Stainless Steel Appliances, Quartz Countertop, Large Island, And A Large Window. The Eastward Exposure Provides For An Abundance Of Natural Light That Fills The Living Area As Well As The Second Bedroom. The Entire Suite Features Light Laminate Flooring And Pot Lights Throughout The Living Area. On-Site Amenities Include A Rooftop Deck, Party Room, And A Gym. This Building Is Conveniently Located In Alderwood And Is Walking Distance To An Array Of Local Amenities Including Parks, Cafes, Retail Establishments, And Sherway Gardens Mall - All Within Minutes Of Walking Or A Shorty Drive. Very Good Access To Highway 427, The QEW/Gardiner Expressway, TTC Public Transit, And Minutes to Toronto's Pearson International Airport. Currently Tenanted Until December 2026.
2 bedrooms, 2 bathrooms, about 1,000 sq ft, works out to roughly $580 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 408 Browns Line #509
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1000-1199 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
408 Browns Line #509 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$2,849
/mo
based on the purchase price of $580,000
$116,000 cash
$464,000 financed
$390,810 total interest
Principal54%$464,000
Interest46%$390,810
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 1–3 bed homes for sale in Toronto around $580K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5185.0%On average, homes sold at or above asking.
Active listings12,165Homes for sale here right now.
Median vs prior 90 days−0.2%Compared with May 8 – Aug 6, 2026: prices down.
Based on 9,142 sales from Aug 6 – Nov 4, 2026 (7,119 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
5 for sale · 1 for rent at 408 Browns Line — plus its sale and lease history.
408 Browns Line #509 is listed at $580,000 (MLS® W12927984). Summitly updates the price as soon as the MLS® record changes.
Is $580,000 a good price for 408 Browns Line #509?
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 408 Browns Line #509 changed?
Yes — it was first listed at $599,000 and is now $580,000, a drop of $19,000 (3.2%).
How many bedrooms and bathrooms does 408 Browns Line #509 have?
408 Browns Line #509 has 2 bedrooms and 2 bathrooms, with about 1,000–1,199 square feet of living space. It is a condo in Toronto.
Is 408 Browns Line #509 close to transit?
The nearest rapid-transit station is Long Branch GO Station (Lakeshore West GO), about 1.0 km (about a 13-minute walk) in a straight line. Dixie GO Station is about 2.7 km, and Kipling Station is about 3.8 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 408 Browns Line #509?
About $2,849 a month — principal and interest on $580,000 with 20% down ($116,000), 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 408 Browns Line #509 compare with other homes in Toronto?
Its asking price of $580,000 is about 31% below the median sold price in Toronto over the last 90 days, $840,000, across 9,142 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 408 Browns Line #509 been sold before?
Yes — Summitly has 1 earlier MLS® listing of 408 Browns Line #509 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 408 Browns Line #509?
408 Browns Line #509 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 408 Browns Line #509 been on the market?
222 days — 408 Browns Line #509 was listed on March 27, 2026.
What is the price per square foot of 408 Browns Line #509?
About $484 to $580 per square foot: the asking price of $580,000 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 408 Browns Line #509 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
