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$699,000
Rush Condo · 2 Augusta Avenue · Toronto · Ontario M5V 0T3
91 days on market
Welcome to Rush Condos! Built in 2023, this bright and spacious 2+1 bedroom corner suite offers 784 sq. ft. of thoughtfully designed living space with floor-to-ceiling windows, abundant natural light. The functional den can easily serve as a third bedroom or home office. Modern open-concept layout with a designer kitchen, ideal for comfortable urban living.Located in the heart of downtown Toronto, steps to Queen Street West, Waterworks Food Hall, Michelin-recommended restaurants, cafes, bars, YM…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $51KPrice reduction
MLS shows the seller reduced the asking price by $50,900 (from $749,900 to $699,000).
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: RE/MAX EPIC REALTY
Source: TRREB/PROPTX · MLS® C13600616
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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 44% of your true cost of ownership. The other 56% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $31,821 | $2,652/mo |
| Government & taxes | ||
| Property tax | $4,034 | $336/mo |
| Land transfer tax(closing) | $10,455 | $871/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%) | $6,990 | $583/mo |
| Condo fees | ||
| Condo / HOA fees | $8,371 | $698/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 | $72,332 | $6,028/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.