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$2.60M · 2+1 bed Condo Apartment · Bay Street Corridor, Toronto | MyPropertyScout

$2,600,000

Unit 5504

140 DOM

2+13140d

Map

⚡ Insider Deal

DOM 140

↓ $200,000Price ReducedMotivated Seller/Vacant Property

$2,600,000

DOM140days

Unit 5504

180 University Avenue · Toronto · Ontario M5H 0A2

MLS® C12774108 · Bay Street Corridor · M5H 0A2

2+13Vacant1800-1999 ft²Condo Apartment2-car Underground140d$1,369/ft²$11,794 tax/yr

140 days on market

About this home

Pectacular Two Bed & Den Above The Luxurious Shangri-La Toronto. Executive Corner Unit situated On The 55th Floor Offering Breathtaking Panoramic Views Of The City Below. Open Concept Living/Dining Space. 10' Ceilings, High-End Finishes Throughout; automated sunshades,Kitchen W/ Miele And Sub-Zero Appliances. Larger Master Suite With Marble Walled 5-Piece Ensuite And Spacious W/I Closet With Poliform Built-Ins. Second Bedroom With Great View And 4-Piece Ensuite. Large Den With Sliding Doors. Two…

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Property details

MLS#: C12774108
Status: Buy Now
Beds: 2+1
Baths: 3 full, 0 half
Size: 1800-1999
Style: Apartment
Type: Condo Apartment
Year built: —

Condo corp #: 2258
Balcony: Open
Locker: Owned
Fees include: Heat Included, Water Included, CAC 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: Electric
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete Poured
Fronting on: —
Cross street: University & Queen
Basement: None
Stories: 39
Utilities: —
Laundry: Ensuite
Interior: Built-In Oven
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: ESTAY REALTY BROKERAGE INC.

Source: TRREB/PROPTX · MLS® C12774108

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$2.60M

Unit 5504 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $2,600,000✓ $11,794 tax✓ Electric✓ 1800-1999 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$20,548/mo

incl. closing costs (yr 1)

Annual total

$246,574

year 1

Mortgage only

$9,864/mo

principal + interest

Beyond mortgage

$5,936/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$520,000

20%+ required — no CMHC insurance on $1.5M+ homes

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$983/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~1,900 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

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%$26,000/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

Condo / HOA fees (mo)$207/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$51,475

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)48% $118,363/yr

Property taxes26% $63,269/yr

Utilities1% $2,460/yr

Insurance & security1% $1,600/yr

Maintenance11% $26,000/yr

Condo fees12% $29,782/yr

Closing costs2% $5,100/yr

Mortgage is 48% of your true cost of ownership. The other 52% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$118,363	$9,864/mo
Government & taxes
Property tax	$11,794	$983/mo
Land transfer tax(closing)	$51,475	$4,290/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$26,000	$2,167/mo
Condo fees
Condo / HOA fees	$29,782	$2,482/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	$246,574	$20,548/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 5504

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs