316-60 Shuter Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C12841988

$848,000
For Sale
Listed 137 days ago
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3Bedrooms
3Bathrooms
0Parking
900-999Sq Ft

About this home

Client RemarksMenkes Fleur Condos - Downtown Toronto. Welcome to the Menkes Fleur Condos, positioned in the vibrant heart of downtown Toronto. This spacious 1+2 bedroom unit includes sliding doors that convert it into a versatile 3-bedroom layout. The west-facing suite offers 974 sq. ft. of thoughtfully designed living space featuring 2 full bathrooms and 1 powder room. Enjoy floor-to-ceiling windows, an open-concept layout, and abundant natural light throughout. The building provides modern amenities, including a 24-hour concierge, fitness center, yoga studio, media room, library/study, residents' lounge, party room with catering kitchen, rooftop patio with BBQ area, and a guest suite. Located steps from St. Michael's Hospital, the Li Ka Shing Knowledge Institute, and overlooking the historic St. Michael's Cathedral, this condo offers unmatched city convenience. Walk to TMU, George Brown College, University of Toronto, and Toronto's major hospitals-Princess Margaret, Mount Sinai, and Toronto General. Explore nearby attractions including City Hall, Eaton Centre, St. Lawrence Market, Union Station, Roy Thomson Hall, and renowned theatres such as Massey Hall, Mirvish Theatre, and Elgin Winter Garden. Easy TTC access via Queen and Dundas stations, plus streetcar routes to Queen's Park, Kensington Market, Chinatown, Harbourfront, Sugar Beach, and the CNE.Pet-friendly building with secure access and premium downtown living. Perfect for professionals, students, or investors seeking a contemporary urban lifestyle.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12841988
Bedrooms
3 (1 + 2)
Bathrooms
3 (1 half)
Size
900-999
Cross streets
Church / Shuter
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Maintenance
$816/mo
Exposure
West
Property tax
$4,615 / 2025
Days on market
137
Listing brokerage
T-ONE GROUP REALTY INC.,

Rooms

Primary BedroomMain10.70 × 9.00 m

3 pc ensuite · laminate · closet

Living RoomMain9.92 × 15.50 m

West View

KitchenMain11.08 × 9.67 m

Combined w/Dining

Dining RoomMain11.08 × 9.67 m

Combined w/Kitchen

StudyMain8.50 × 8.60 m

Sliding Doors

DenMain8.50 × 11.70 m

Sliding Doors

Moe’s TakeTeam Asgarian · Broker
In line
$814Kest. value

Listed at $848,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $769K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $660K
  • Bathrooms +$15K
  • Adjusts to $675K

That comparable adjusts to $675K; the $814K estimate above is the median of all 9 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Lord Dufferin Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$798KGreat deal$987KOverpriced

Total price vs nearby homes. Fair value about $814K, median of 9 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Church-Yonge Corridor · asking prices
$804kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

LPH4907-50 Charles Street$799k3509-501 Yonge Street$846k1008-92 King Street$720k3407-50 Charles Street$995k805-92 King Street$660k

The 5 closest of 8 active listings nearby.

See all comparable homes
848kThis home799k846k720k995k660kThis home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $750K
$893this home / sqft
27active listings nearby
137days on market

This home lists 3% below the area average of $916/sqft.

136 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Church-Yonge Corridor, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

0/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterfront Communities C1
$777K
Annex
$929K
Mimico
$852K
Willowdale East
$489K
Bayview Village
$748K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Lord Dufferin Junior and Senior Public School
55%
Lord Dufferin Junior and Senior Public SchoolPublic · Elementary · 1.0 km awayBelow the GTA average · 55% meet the provincial standard

Affordability & Mortgage

Affordability
$3,865/mo
$178KIncome needed
4.8×Price ÷ income
$892Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

76%mortgage
Mortgage $3,865Property tax $385Condo fee $816Total carry $5,066

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,620per month

Mortgage amount $678,400 · 4.14% over 25 years

$169,600Down payment (20.0%)
$678,400Loan before insurance
$0CMHC premium
$4,821Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,620
Property tax
$385
Condo / maintenance fees
$816
Heating
$0
Estimated monthly cost
$4,821

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$13,435
Toronto municipal land transfer tax
$13,435
Estimated closing costs
$26,870

Plus your down payment of $169,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,397/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$407,658Total interest paid
$1,086,058Total of all payments
Principal $678,400 Interest $407,658
YearPrincipalInterestBalance
1$15,893$27,550$662,507
2$16,557$26,885$645,950
3$17,250$26,192$628,700
4$17,971$25,471$610,729
5$18,723$24,719$592,006
6$19,506$23,936$572,499
7$20,322$23,120$552,177
8$21,172$22,270$531,005
9$22,058$21,384$508,947
10$22,981$20,462$485,966
11$23,942$19,501$462,025
12$24,943$18,499$437,081
13$25,987$17,456$411,095
14$27,074$16,369$384,021
15$28,206$15,236$355,815
16$29,386$14,057$326,429
17$30,615$12,827$295,814
18$31,896$11,547$263,919
19$33,230$10,213$230,689
20$34,620$8,823$196,070
21$36,068$7,375$160,002
22$37,576$5,866$122,425
23$39,148$4,294$83,277
24$40,786$2,657$42,492
25$42,492$951$0

At the end of your 5-year term

Total paid over the term
$217,212
Principal paid down
$86,394
Interest paid
$130,817
Balance remaining
$592,006

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,050/mo
$36,600Gross annual rent
2.1%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.3%
Gross yield
− Property tax $4,615− Condo fees $9,798− Insurance $600− Vacancy & upkeep $4,026Net operating income $17,561

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of T-ONE GROUP REALTY INC.,. MLS®/PropTx.

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