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$449,000
50 Power Street · Toronto · Ontario M5A 0V3
100 days on market
This Condo can be a Good Choice and Opportunity for investors as well as Real Residents. NEW & Young Condominium Building age, modern design lobby and located in The Centre of One of Toronto's Most Vibtant Neighborhoods by Great Gulf Developments! Efficient & Spacious One Bedroom, 4-Piece Bathroom, 9Ft smooth Ceiling, Modern Kitchen w/Quarz Counter Top & S/S Appliances, and laminate Floor. Nice amenitites,including fitness and Yoga studio, Party room with a wide, meeting room, games room, outdoo…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
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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: RIGHT AT HOME REALTY
Source: TRREB/PROPTX · MLS® C13566466
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~550 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) | $20,440 | $1,703/mo |
| Government & taxes | ||
| Property tax | $2,436 | $203/mo |
| Land transfer tax(closing) | $5,455 | $455/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%) | $4,490 | $374/mo |
| Condo fees | ||
| Condo / HOA fees | $4,648 | $387/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 | $48,129 | $4,011/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.