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$588,800
DOM85days761 bay Street · Toronto · Ontario M5G 2R2
85 days on market
Bright and spacious 1-bedroom condo at College Park 2, located in the highly sought-after Bay Street Corridor. This unit features an additional 70 sq. ft. balcony, 9 ft ceilings, and floor-to-ceiling windows providing abundant natural light. Perfectly situated steps from the University of Toronto, Toronto Metropolitan University (formerly Ryerson), major hospitals, Eaton Centre, Financial District, Maple Leaf Gardens, Loblaws, Sobeys, Metro, and Winners. Enjoy direct access to the subway and con…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: AIMHOME REALTY INC.
Source: TRREB/PROPTX · MLS® C13622982
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~650 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 43% of your true cost of ownership. The other 57% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $26,805 | $2,234/mo |
| Government & taxes | ||
| Property tax | $3,683 | $307/mo |
| Land transfer tax(closing) | $8,251 | $688/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%) | $5,888 | $491/mo |
| Condo fees | ||
| Condo / HOA fees | $7,163 | $597/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 | $62,450 | $5,204/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.