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$850,000
House of Assembly Condos · 181 Sterling Road · Toronto · Ontario M6R 2B2
106 days on market
Welcome to Suite 711 at the brand-new House of Assembly Condos, where modern design meets exceptional convenience in one of Toronto's most vibrant neighborhoods. This beautifully designed 2-bedroom, 2-bathroom suite offers approximately 800 sq. ft. of thoughtfully planned living space, complete with parking. Step inside to discover a bright, open-concept layout featuring 9-foot ceilings and expansive south-facing windows that fill the home with natural light. The spacious living and dining area…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $20KPrice reduction
MLS shows the seller reduced the asking price by $20,000 (from $870,000 to $850,000).
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: REAL CITY REALTY INC.
Source: TRREB/PROPTX · MLS® C13541360
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~750 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 49% of your true cost of ownership. The other 51% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $38,696 | $3,225/mo |
| Government & taxes | ||
| Land transfer tax(closing) | $13,475 | $1,123/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%) | $8,500 | $708/mo |
| Condo fees | ||
| Condo / HOA fees | $7,204 | $600/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 | $78,534 | $6,545/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.