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$2,480,000
38 Avenue Road · Toronto · Ontario M5R 2G2
102 days on market
Some homes offer luxury. This one offers peace of mind. Welcome to Suite 1403 at 38 Avenue Road, where every detail has been designed to make life feel effortless. Behind the private direct elevator entrance is an elegant corner residence that offers the rare combination of generous proportions, refined finishes, and exceptional service. Two beautifully appointed bedrooms-each easily accommodating a king-sized bed and each with its own ensuite-provide comfort and privacy, while the expansive liv…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $200KPrice reduction
MLS shows the seller reduced the asking price by $200,000 (from $2,680,000 to $2,480,000).
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: BOSLEY REAL ESTATE LTD.
Source: TRREB/PROPTX · MLS® C13558320
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20%+ required — no CMHC insurance on $1.5M+ homes
≈ $0.07/ft² × ~1,900 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 46% of your true cost of ownership. The other 54% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $112,900 | $9,408/mo |
| Government & taxes | ||
| Property tax | $12,592 | $1,049/mo |
| Land transfer tax(closing) | $48,475 | $4,040/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%) | $24,800 | $2,067/mo |
| Condo fees | ||
| Condo / HOA fees | $33,387 | $2,782/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 | $242,814 | $20,235/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.