$599,900

For saleJust listed

#1401 500 Avenue Road, Toronto (Casa Loma) - Single Family for Sale

#1401 500 Avenue Road, Toronto (Casa Loma), Ontario, M4V2J6

1 bed1 bath1 parking750 ft²$923/mo condo feeListed 2 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 2 days, fresher than the Toronto average of 48 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Welcome to Penthouse 1401 at '500'! Situated in one of Toronto's most prestigious locations, this unique 1-bedroom penthouse offers an exceptional blend of boutique living and refined architecture, designed by Peter Dickinson, one of Canada's most celebrated architects. This customized, fully renovated Penthouse captures breathtaking west-facing views overlooking Forest Hill. Suite Highlights:Gourmet Kitchen: Meticulously redesigned open-concept layout featuring rich quartzite countertops, a matching full-height backsplash, and custom cabinetry with smart built-ins throughout. Refined Comfort: Smooth ceilings with crown moulding, warm integrated LED lighting, heated bathroom floors, and triple-glazed windows providing tranquility and exceptional quiet. Building & Neighbourhood Amenities: White-Glove Service: 24-hour concierge service, valet parking, and on-site car wash service. Building Extras: Exercise room, party/event room, visitor parking, and a peaceful ground-level private garden. Included: 1 common parking space (with valet) and 1 exclusive storage locker. Prime Midtown Location: Steps from Forest Hill Village, Upper Canada College (UCC), Yonge St. TTC at Doorsteps. (id:66096)

Property Details

MLS®: C14140332
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Heat Pump, Other
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $923/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,076.91/yr
Listed: 2 days ago

Rooms

Flat

Living room: 4.27 x 3.35 meters
Dining room: 4.27 x 3.35 meters
Kitchen: 4.27 x 3.28 meters
Primary Bedroom: 3.63 x 3.63 meters
Foyer: 2.34 x 1.57 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Range, Oven, Dryer, Microwave, Cooktop, Blinds
Flooring: Hardwood, Stone
Exterior: Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Casa Loma) listings, avg age

48d

Price / ft²

$800

List price

$600K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Toronto (Casa Loma) has been listed for 2 days, which is 46 days fresher than the city average of 48. Act while there is still low competition.

Set a price alert Book a showing

Listed by FOREST HILL REAL ESTATE INC. · MARIE-JOSE NANTEL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4V)

This home lists at $599,900, about 6.1× the local median household income of $99,000.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 18% above the area median.

Median household income: $99,000
Population: 19,273
Median age: 45.2
Owner / renter: 44% / 56%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M4V)

$599,900· $800/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$256/mo

Condo fee$923/mo

Total monthly$4,311

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$16,946

Est. closing costs$4,300

Total cash needed$56,236

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator