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$450,000
1 Falaise Road · Toronto · Ontario M1E 0B9
167 days on market
Welcome To This Quiet And Cozy 1 Bedroom Suite At 1 Falaise Rd 201! Functional Open-Concept Layout Featuring Modern Finishes, Laminate Flooring, And A Comfortable Living Space Walking Out To Lovely Open Balcony Spacious Bedroom With Sliding Door Offering Privacy And Flexibility. Stylish Kitchen With Stainless Steel Appliances And Quartz Countertops. Close To TTC, Highway 401, Centennial College, University Of Toronto Scarborough Campus, Parks, Shopping And Everyday Amenities. Excellent Opportu…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
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Seller signals
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: BAY STREET INTEGRITY REALTY INC.
Source: TRREB/PROPTX · MLS® E13106872
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~250 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) | $20,486 | $1,707/mo |
| Government & taxes | ||
| Property tax | $1,546 | $129/mo |
| Land transfer tax(closing) | $5,475 | $456/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%) | $4,500 | $375/mo |
| Condo fees | ||
| Condo / HOA fees | $4,570 | $381/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 | $47,237 | $3,936/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.