1706-2221 Yonge Street, Toronto, ON

Mount Pleasant West, Toronto · MLS® C12931482

$498,000
For Sale
Listed 116 days ago
Request a showing
◎ Directions
1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Incredible opportunity to live in the iconic and vibrant Yonge & Eglinton community. One Bedroom with oversized 135 sq ft balcony with south exposure. Well-designed living and work space. Floor to ceiling windows with ample of natural light. Open concept layout with 9ft ceiling, modern kitchen with ceasarstone countertop, built-in appliances. The bedroom offers a walk-in closet. Steps to subway and the Crosstown LRT, over 300 restaurants, library and convenience. Building includes serene spa amenities with 3 Distinct Plunge Pools, Fully-Equipped Wet Spa, 24 Hours Concierge, Hot Tubs, Steam Room/Sauna, Meeting Room, Media Room, Rooftop Garden, Yoga. Included locker. Photos have been virtually staged

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12931482
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Yonge & Eglinton
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$476/mo
Exposure
South
Property tax
$2,602 / 2025
Days on market
116
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Dining RoomMain2.50 × 2.92 m

combined w/living · w/o to balcony · laminate

BedroomMain2.78 × 3.38 m

b/i closet · broadloom

Living RoomMain2.50 × 2.92 m

combined w/dining · w/o to balcony · laminate

KitchenMain3.08 × 3.14 m

open concept · stainless steel appl · laminate

Moe’s TakeTeam Asgarian · Broker
In line
$441Kest. value

Listed at $498,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

In Mount Pleasant West lately, sellers have been getting about 96% of asking and homes sell in about 40 days.

Based on 70 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 70 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $452K, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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, sold for $420K
  • Bedrooms −$30K
  • Adjusts to $390K

That comparable adjusts to $390K; the $441K estimate above is the median of all 70 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

On schools, this address is zoned for Whitney Junior Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

List price
$368KGreat deal$542KOverpriced

Total price vs nearby homes. Fair value about $441K, median of 70 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Mount Pleasant West · asking prices
$488kavg asking

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

1611-127 Broadway Avenue$515k228-161 Roehampton Avenue$478k204-68 Merton Street$519k1506-2221 Yonge Street$470k1605-1815 Yonge Street$460k

The 5 closest of 8 active listings nearby.

See all comparable homes
498kThis home515k478k519k470k460kThis home vs active comparables
Live market pulseActive comparables in Mount Pleasant West · median list $585K
$906this home / sqft
62active listings nearby
116days on market
99sold nearby · 90 days
$670Kmedian sold price
96%of asking, on average

This home lists 2% below the area average of $921/sqft.

115 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

Mount Pleasant West, 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.

Nearby neighbourhoods

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

Church-Yonge Corridor
$660K
Bay Street Corridor
$465K
South Riverdale
$1.10M
Moss Park
$519K
Willowdale East
$684K

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 Whitney Junior Public School
94%
Whitney Junior Public SchoolPublic · Elementary · 2.6 km awayAmong the top in the GTA · 94% meet the provincial standard
Spectrum Alternative Senior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,270/mo
$106KIncome needed
4.7×Price ÷ income
$524Weekly 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.

77%mortgage
Mortgage $2,270Property tax $217Condo fee $476Total carry $2,962

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,126per month

Mortgage amount $398,400 · 4.14% over 25 years

$99,600Down payment (20.0%)
$398,400Loan before insurance
$0CMHC premium
$2,819Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,126
Property tax
$217
Condo / maintenance fees
$476
Heating
$0
Estimated monthly cost
$2,819

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

One-time closing costs

Ontario land transfer tax
$6,435
Toronto municipal land transfer tax
$6,435
Estimated closing costs
$12,870

Plus your down payment of $99,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,582/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

$239,403Total interest paid
$637,803Total of all payments
Principal $398,400 Interest $239,403
YearPrincipalInterestBalance
1$9,333$16,179$389,067
2$9,724$15,789$379,343
3$10,130$15,382$369,213
4$10,554$14,958$358,659
5$10,995$14,517$347,664
6$11,455$14,057$336,208
7$11,935$13,578$324,274
8$12,434$13,078$311,840
9$12,954$12,558$298,886
10$13,496$12,016$285,391
11$14,060$11,452$271,330
12$14,648$10,864$256,682
13$15,261$10,251$241,421
14$15,899$9,613$225,522
15$16,564$8,948$208,958
16$17,257$8,255$191,700
17$17,979$7,533$173,721
18$18,731$6,781$154,990
19$19,515$5,998$135,475
20$20,331$5,181$115,145
21$21,181$4,331$93,963
22$22,067$3,445$71,896
23$22,990$2,522$48,906
24$23,952$1,560$24,954
25$24,954$558$0

At the end of your 5-year term

Total paid over the term
$127,561
Principal paid down
$50,736
Interest paid
$76,824
Balance remaining
$347,664

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$1,700/mo
$20,400Gross annual rent
1.9%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.

4.1%
Gross yield
− Property tax $2,602− Condo fees $5,710− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,244

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

CallRequest a showing