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$785,000
ART SHOPPE · 5 Soudan Avenue · Toronto · Ontario M4S 0B1
52 days on market
Welcome to elevated urban living in the heart of Yonge & Eglinton. This impressive 2+1 bedroom, 2 bathroom residence at the iconic Art Shoppe Condos & Lofts offers 801 sq. ft. of beautifully designed interior living space + a 47 sq. ft. east-facing balcony, for a total of 848 sq. ft., plus parking & locker. Bright, spacious & exceptionally functional, the suite features 9-ft ceilings, floor-to-ceiling windows, unobstructed eastern views & automatic electric blinds. The open-concept living & dini…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $13KPrice reduction
MLS shows the seller reduced the asking price by $13,000 (from $798,000 to $785,000).
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 HALLMARK REALTY LTD.
Source: TRREB/PROPTX · MLS® C13733390
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~850 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) | $35,737 | $2,978/mo |
| Government & taxes | ||
| Property tax | $4,004 | $334/mo |
| Land transfer tax(closing) | $12,175 | $1,015/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%) | $7,850 | $654/mo |
| Condo fees | ||
| Condo / HOA fees | $10,035 | $836/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 | $80,460 | $6,705/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.