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$374,888
60 Byng Avenue · Toronto · Ontario M2N 4K3
79 days on market
The Monet Luxury Condo, situated in the highly sought-after Yonge/Finch area, presents an ideal opportunity for first-timebuyers and investors alike. Boasting a harmonious balance of convenience and seclusion, this modern unit features an open layout, and agenerously sized bedroom, and has been freshly repainted with brand new laminate flooring installed throughout. Located just minutes awayfrom North York's central hub, steps to the subway station, grocery stores, and dining options. The buildi…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $10KPrice reduction
MLS shows the seller reduced the asking price by $10,012 (from $384,900 to $374,888).
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: UNITED PROFESSIONALS REALTY INC.
Source: TRREB/PROPTX · MLS® C13640776
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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 38% of your true cost of ownership. The other 62% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $17,066 | $1,422/mo |
| Government & taxes | ||
| Property tax | $2,126 | $177/mo |
| Land transfer tax(closing) | $4,098 | $342/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%) | $3,749 | $312/mo |
| Condo fees | ||
| Condo / HOA fees | $7,500 | $625/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 | $45,199 | $3,767/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.