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$375,000
DOM15days26 Gibbs Road · Toronto · Ontario M9B 0E3
15 days on market
Discover modern living at Park Terraces! This spacious one-bedroom suite offers a smart, functional layout with contemporary finishes, large windows and an abundance of natural light. The sleek kitchen features an integrated fridge, stainless steel appliances, quartz countertops and a versatile island/table. Parking is included, adding even more convenience. Enjoy an impressive range of amenities including concierge service, an outdoor pool, gym, party room, media room, rooftop terrace with BBQs…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: CENTURY 21 LEADING EDGE REALTY INC.
Source: TRREB/PROPTX · MLS® W13875704
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~550 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 39% of your true cost of ownership. The other 61% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $17,072 | $1,423/mo |
| Government & taxes | ||
| Property tax | $1,876 | $156/mo |
| Land transfer tax(closing) | $4,100 | $342/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%) | $3,750 | $313/mo |
| Condo fees | ||
| Condo / HOA fees | $5,914 | $493/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 | $43,372 | $3,614/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.