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$299,000
2 Sonic Way · Toronto · Ontario M3C 0P2
135 days on market
Modern Bright Condo Studio Unit. Affordable Price In Town. Toronto's Fast Growing Area. The Sonic Condos In The Highly Desirable Don Mills/Eglinton Area! Large And Bright South Facing Studio Features High End Luxury Finishes With Great Downtown Views, 1 Bath And A Open Balcony. Enjoy Being Steps From The Crosstown Eglinton Lrt, Shops At Don Mills, Loblaws & Ontario Science Centre. Just Minutes To The Dvp/401. Amazing Building Which Includes 25,000 Sq. Ft. Amenities: Gym, Party Room, Guest Suites…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
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Seller signals
↓ $30KPrice reduction
MLS shows the seller reduced the asking price by $30,000 (from $329,000 to $299,000).
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: HOMELIFE NEW WORLD REALTY INC.
Source: TRREB/PROPTX · MLS® C13428368
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~250 ft² · ON avg ~$75/mo · assumes gas heat
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 40% of your true cost of ownership. The other 60% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $13,612 | $1,134/mo |
| Government & taxes | ||
| Property tax | $1,173 | $98/mo |
| Land transfer tax(closing) | $2,960 | $247/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Other | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $2,990 | $249/mo |
| Condo fees | ||
| Condo / HOA fees | $2,988 | $249/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $34,383 | $2,865/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.