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$368,000
188 Fairview Mall Drive · Toronto · Ontario M2J 5A7
112 days on market
Welcome to your new home! This modern and stylish studio unit is perfectly situated just steps away from Fairview Shopping Centre in the heart of North York. Ideal for first-time buyers, young professionals, or savvy investors, this unit offers both convenience and comfort in a prime location. Don't miss out on this incredible opportunity to own a stylish studio unit in one of North York's most sought-after locations. Schedule a viewing today!
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
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: CENTERPOINT REALTY INC.
Source: TRREB/PROPTX · MLS® C13520668
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~250 ft² · ON avg ~$75/mo
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 42% of your true cost of ownership. The other 58% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $16,753 | $1,396/mo |
| Government & taxes | ||
| Property tax | $1,787 | $149/mo |
| Land transfer tax(closing) | $3,995 | $333/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $3,680 | $307/mo |
| Condo fees | ||
| Condo / HOA fees | $3,353 | $279/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 | $40,228 | $3,352/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.