$1.02M · 2+1 bed Condo Apartment · Bay Street Corridor, Toronto

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About this home

Welcome To Queen's Park Place, A Boutique Building Offering A Unique Living Experience With Only 100 Units. This Spotless Suite Is Approximately 1600 Square Feet And Features Some Modern Updates That Enhance Its Appeal. The Abundant Natural Light Creates A Bright And Inviting Atmosphere, While The Well-Designed Layout Ensures A Great Flow Of Air Throughout The Space. Enjoy Stunning Views Of The CN Tower And A South-Facing Aspect That Fills The Rooms With Light. The Formal Dining Room Is Perfect…

Property details

MLS#

C12985224

Status

Buy Now

Beds

2+1

Baths

2 full, 0 half

Size

1600-1799

Style

Apartment

Type

Condo Apartment

Year built

—

Property features: Hospital, Library, Public Transit, Rec./Commun.Centre, School, Park

Building name: Queen's Park Place
Condo corp #: 561
Balcony: Enclosed
Locker: Ensuite
Association amenities: Concierge, Exercise Room, Indoor Pool, Rooftop Deck/Garden, Squash/Racquet Court, Visitor Parking
Fees include: Heat Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: No

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Bay & Wellesley
Basement: None
Stories: 8
Utilities: —
Laundry: Ensuite
Interior: Carpet Free, Separate Heating Controls
Parking features: —

Level	Room	Dimensions
Main	Living Room	4.19m × 6.02m
Main	Dining Room	3.58m × 3.68m
Main	Kitchen	2.36m × 4.98m
Main	Primary Bedroom	3.86m × 4.67m
Main	Bedroom	3.56m × 3.71m
Main	Solarium	2.29m × 5.82m

Level

Room

Dimensions

Main

Living Room

4.19m × 6.02m

Main

Dining Room

3.58m × 3.68m

Main

Kitchen

2.36m × 4.98m

Main

Primary Bedroom

3.86m × 4.67m

Main

Bedroom

3.56m × 3.71m

Main

Solarium

2.29m × 5.82m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $1,025,000✓ $4,924 tax✓ Gas✓ 1600-1799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$9,030/mo

incl. closing costs (yr 1)

Annual total

$108,364

year 1

Mortgage only

$3,889/mo

principal + interest

Beyond mortgage

$3,269/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$205,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$410/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,700 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%$10,250/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)$131/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$16,975

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)43% $46,662/yr

Property taxes20% $21,899/yr

Utilities4% $3,960/yr

Insurance & security1% $1,600/yr

Maintenance9% $10,250/yr

Condo fees17% $18,892/yr

Closing costs5% $5,100/yr

Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$46,662	$3,889/mo
Government & taxes
Property tax	$4,924	$410/mo
Land transfer tax(closing)	$16,975	$1,415/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%)	$10,250	$854/mo
Condo fees
Condo / HOA fees	$18,892	$1,574/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	$108,364	$9,030/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 803

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Annual costs