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$549,000
25 Neighbourhood Lane · Toronto · Ontario M8Y 0C4
169 days on market
Bright, Spacious & Move-In Ready 2 Bed + Den, 2 Bath Condo with Stunning Views. Welcome to this beautifully designed condo featuring a bright open-concept layout that perfectly blends comfort and functionality-ideal for both everyday living and entertaining. The modern kitchen is equipped with stainless steel appliances, a sleek backsplash, and elegant Caesarstone countertops, offering both style and practicality. The spacious living and dining area flows effortlessly to a private balcony, where…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
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Seller signals
↓ $71KPrice reduction
MLS shows the seller reduced the asking price by $70,900 (from $619,900 to $549,000).
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: RE/MAX EXCELLENCE REAL ESTATE
Source: TRREB/PROPTX · MLS® W13099554
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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 41% of your true cost of ownership. The other 59% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $24,993 | $2,083/mo |
| Government & taxes | ||
| Property tax | $3,212 | $268/mo |
| Land transfer tax(closing) | $7,455 | $621/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%) | $5,490 | $458/mo |
| Condo fees | ||
| Condo / HOA fees | $9,365 | $780/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 | $61,174 | $5,098/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.