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$1,429,000
21 Grand Magazine Street · Toronto · Ontario M5V 1B5
34 days on market
Have You Been Waiting For That Special Condo That Is Modern Yet Warm And Welcoming. This Spectacular 1440 Sq Ft. 2 Bed Plus Den (Easily Function As a Third Bedroom ,Guest Suite, or Office) ,2 Bath Sun Filled South Facing Condo Boasts Breathtaking Lake Views With Three Private Balconies. Condo Has Been Recently Thoughtfully Renovated With Quality Finishes Throughout. The Designed Open-Concept Layout Seamlessly Connects The Living, Dining, And Kitchen Spaces, Making It Ideal For Both Entertaining…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $60KPrice reduction
MLS shows the seller reduced the asking price by $60,000 (from $1,489,000 to $1,429,000).
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 ULTIMATE REALTY INC.
Source: TRREB/PROPTX · MLS® C13805810
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~1,500 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 48% of your true cost of ownership. The other 52% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $65,054 | $5,421/mo |
| Government & taxes | ||
| Property tax | $5,380 | $448/mo |
| Land transfer tax(closing) | $25,055 | $2,088/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%) | $14,290 | $1,191/mo |
| Condo fees | ||
| Condo / HOA fees | $13,740 | $1,145/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 | $134,179 | $11,182/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.