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$550K · 2 bed Co-op Apartment · Unit 1501, 5001 Finch Avenue, Toronto, Ontario M1S 5J9 | HomeSearchCanada

$550,000

Unit 1501

55 DOM

2255d

Map

DOM 57

$550,000

DOM57days

Unit 1501

5001 Finch Avenue · Toronto · Ontario M1S 5J9

MLS® E13712364 · Agincourt North · M1S 5J9

22TenantOccupied900-999 ft²Co-op Apartment2-car UndergroundNo basement55d$579/ft²$2,142 tax/yrBuilt 200323 yrs oldNo basement

57 days on market

About this home

Rarely Offered Spacious 2 Bedrooms with 2 full washrooms & 2 underground parking In Monarch's Chartwell Place. Unobstructed South View, Abundance Of Natural Sunlight, Excellent Floorplan, Good Size Principal Rooms W/Plenty Of Storage, Full Size Laundry. Amazing Location - Ttc Right At Your Door Step, Shopping Mall, Supermarket, Banks, Restaurants, Lcbo, Shoppers Just Across The Road. Elementary & High Schools Just Minutes Walk Away. All Inclusive Maintenance Fee, 24Hr Concierge, Indoor Pool, Gue…

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Property details

MLS#: E13712364
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 2 full, 0 half
Rooms: 6
Kitchens: 1
Size: 900-999Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Co-op Apartment
Year built: 2003

Occupancy: Tenant Occupied
Washrooms: 4 pc · Flat
Family room: No
Central vacuum: No
Ensuite laundry: No

Condo corp #: 1134
Balcony: Open
Locker: Owned
Fees include: Heat Included, Hydro Included, Water Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 2-car Underground
Garage spaces: 2
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: McCowan Rd / Finch Ave
Stories: 12
Utilities: —
Laundry: Ensuite
Interior: None
Parking features: Underground, None

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: RE/MAX ACE REALTY INC.

Source: TRREB/PROPTX · MLS® E13712364

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$550K

Unit 1501 · Bryon Bertrim

Bryon Bertrim, REALTOR® | Real Broker Ontario Ltd. Brokerage · MLS® via PropTx · © CREA · Bona fide use only

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $550,000✓ $2,142 tax✓ Gas✓ 900-999 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,235/mo

incl. closing costs (yr 1)

Annual total

$50,815

year 1

Mortgage only

$2,087/mo

principal + interest

Beyond mortgage

$1,067/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$110,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$179/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~950 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,500/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$7,475

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)49% $25,038/yr

Property taxes19% $9,617/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance11% $5,500/yr

Closing costs10% $5,100/yr

Mortgage is 49% of your true cost of ownership. The other 51% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$25,038	$2,087/mo
Government & taxes
Property tax	$2,142	$179/mo
Land transfer tax(closing)	$7,475	$623/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%)	$5,500	$458/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	$50,815	$4,235/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.

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Unit 1501

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs