$905K · 2 bed Condo Townhouse · Islington-City Centre West, Toronto

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About this home

Bright, stylish, and move-in ready, this beautifully renovated condo townhouse at 385 The East Mall #60 offers an inviting layout ideal for professionals, small families, or anyone seeking a well-connected, low-maintenance lifestyle. Step inside to a sun-filled main floor featuring an open-concept living and dining area with hardwood flooring, perfect for everyday living or entertaining, seamlessly flowing into a crisp, modern kitchen that has been tastefully renovated with granite countertops,…

Property details

MLS#

W12809344

Status

Buy Now

Beds

Baths

3 full, 0 half

Size

1200-1399

Style

2-Storey

Type

Condo Townhouse

Year built

—

Roof: Asphalt Shingle
Foundation: Concrete
Property features: Park, Public Transit, Library, School, Arts Centre, Place Of Worship

View: Clear, City

Condo corp #: 727
Balcony: Open
Locker: None
Association amenities: BBQs Allowed, Bike Storage, Visitor Parking
Fees include: Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Built-In
Garage spaces: 1
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick · Landscaped, Lighting, Patio, Year Round Living
Fronting on: —
Cross street: Burnhamthorpe Rd & The East Mall
Basement: Finished
Stories: 1
Utilities: —
Laundry: In Basement, Laundry Room, Ensuite, Sink
Interior: Auto Garage Door Remote, Water Heater, Carpet Free
Parking features: Private

Rooms

Level	Room	Dimensions
Main	Living Room	4.75m × 2.92m
Main	Dining Room	3.23m × 2.59m
Main	Kitchen	3.15m × 3.1m
Main	Powder Room	1.96m × 0.79m
Second	Primary Bedroom	4.72m × 5.49m
Second	Bathroom	3.78m × 2.54m
Second	Bedroom 2	4.14m × 3.84m
Second	Bathroom	2.46m × 1.52m
Basement	Recreation	4.72m × 5.44m
Basement	Laundry	2.95m × 2.11m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $905,000✓ $3,476 tax✓ Gas✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$7,179/mo

incl. closing costs (yr 1)

Annual total

$86,152

year 1

Mortgage only

$3,433/mo

principal + interest

Beyond mortgage

$2,073/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$181,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$290/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,300 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%$9,050/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)$50/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$14,575

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)48% $41,199/yr

Property taxes21% $18,051/yr

Utilities5% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance11% $9,050/yr

Condo fees8% $7,192/yr

Closing costs6% $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)	$41,199	$3,433/mo
Government & taxes
Property tax	$3,476	$290/mo
Land transfer tax(closing)	$14,575	$1,215/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%)	$9,050	$754/mo
Condo fees
Condo / HOA fees	$7,192	$599/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	$86,152	$7,179/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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385 The East Mall

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Property details

Rooms

Sales History

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Annual costs