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$758,000
501 Yonge Street · Toronto · Ontario M4Y 0G8
37 days on market
737 Sf Two Bedrooms with Two Baths and Den in the Heart of Downtown Toronto. Corner unit with more windows and better view. Bright & Modern Design. Steps To Subway Stations, Bloor-Yorkville Luxury Shopping & Eaton Center. As Well As Restaurants, U Of T & TMU, Hospitals. State-Of-Art Amenitities Which Include Outdoor Pool, Indoor Spa, Fitness Center, Yoga Room, Party Room And Bbq Area Plus Home Theatre Room!!
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $30KPrice reduction
MLS shows the seller reduced the asking price by $30,000 (from $788,000 to $758,000).
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: HOMELIFE NEW WORLD REALTY INC.
Source: TRREB/PROPTX · MLS® C13789536
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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 46% of your true cost of ownership. The other 54% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $34,507 | $2,876/mo |
| Government & taxes | ||
| Property tax | $3,861 | $322/mo |
| Land transfer tax(closing) | $11,635 | $970/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%) | $7,580 | $632/mo |
| Condo fees | ||
| Condo / HOA fees | $7,274 | $606/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 | $75,517 | $6,293/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.