3302-35 Balmuto Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C12983702

$2,099,000
For Sale
Listed 103 days ago
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3Bedrooms
3Bathrooms
2Garage
2000-2249Sq Ft

About this home

Located in The Uptown Residences in Yorkville at Yonge & Bloor, this spacious 3-bedroom, 2.5-bathroom SE corner suite offers approximately 2,110 sq. ft. of well-designed living space with a large private terrace. Includes two individual parking spaces and two large lockers located behind the parking spaces. The layout features a separate and generously sized living room and dining room, ideal for both everyday living and entertaining. With 9-foot ceilings and expansive windows, the suite feels bright and open throughout. The kitchen is finished with quality cabinetry and luxury appliances, designed for both functionality and style. Residents enjoy premium building amenities, including a fitness centre, virtual golf, media room, yoga studio, and party room. Steps to the subway, fine dining, and world-class shopping in Yorkville, offering convenience in one of Toronto's most established neighbourhoods.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12983702
Bedrooms
3
Bathrooms
3
Size
2000-2249
Cross streets
Bloor St & Yonge St
Parking
2 garage (surface)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,896/mo
Exposure
South East
Property tax
$12,503 / 2025
Days on market
103
Listing brokerage
RE/MAX CONDOS PLUS CORPORATION

Rooms

Living RoomFlat6.30 × 4.24 m

hardwood floor · w/o to terrace · large window

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

Its public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Bay Street Corridor · asking prices
$2.29Mavg asking

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

Ph02-1001 Bay Street$1.20M3509-180 University Avenue$2.28M1002-1166 Bay Street$3.39M

The 3 closest active listings nearby.

See all comparable homes
2.10MThis home1.20M2.28M3.39MThis home vs active comparables
Live market pulseActive comparables in Bay Street Corridor · median list $699K
$988this home / sqft
56active listings nearby
103days on market
100sold nearby · 90 days
$712Kmedian sold price
96%of asking, on average

This home lists 3% below the area average of $1,018/sqft.

102 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

Bay Street 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.

Nearby neighbourhoods

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

Church-Yonge Corridor
$627K
Moss Park
$519K
Waterfront Communities C1
$567K
Waterfront Communities C8
$719K
Niagara
$701K

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 Jesse Ketchum Junior and Senior Public School
87%
Jesse Ketchum Junior and Senior Public SchoolPublic · Elementary · 0.5 km awayHigher-rated than most nearby · 87% meet the provincial standard

Affordability & Mortgage

Affordability
$9,567/mo
$437KIncome needed
4.8×Price ÷ income
$2,208Weekly 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 $9,567Property tax $1,042Condo fee $1,896Total carry $12,505

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$8,961per month

Mortgage amount $1,679,200 · 4.14% over 25 years

$419,800Down payment (20.0%)
$1,679,200Loan before insurance
$0CMHC premium
$11,899Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,961
Property tax
$1,042
Condo / maintenance fees
$1,896
Heating
$0
Estimated monthly cost
$11,899

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

One-time closing costs

Ontario land transfer tax
$38,950
Toronto municipal land transfer tax
$38,950
Estimated closing costs
$77,900

Plus your down payment of $419,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,884/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

$1,009,050Total interest paid
$2,688,250Total of all payments
Principal $1,679,200 Interest $1,009,050
YearPrincipalInterestBalance
1$39,338$68,192$1,639,862
2$40,983$66,547$1,598,879
3$42,698$64,832$1,556,181
4$44,484$63,046$1,511,698
5$46,344$61,186$1,465,353
6$48,283$59,247$1,417,071
7$50,302$57,228$1,366,768
8$52,406$55,124$1,314,362
9$54,598$52,932$1,259,764
10$56,882$50,648$1,202,881
11$59,262$48,268$1,143,620
12$61,740$45,790$1,081,879
13$64,323$43,207$1,017,556
14$67,013$40,517$950,543
15$69,816$37,714$880,727
16$72,737$34,793$807,990
17$75,779$31,751$732,211
18$78,949$28,581$653,262
19$82,251$25,279$571,010
20$85,692$21,838$485,318
21$89,276$18,254$396,042
22$93,010$14,520$303,032
23$96,901$10,629$206,131
24$100,954$6,576$105,177
25$105,177$2,353$0

At the end of your 5-year term

Total paid over the term
$537,650
Principal paid down
$213,847
Interest paid
$323,804
Balance remaining
$1,465,353

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$6,800/mo
$81,600Gross annual rent
1.8%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.

3.9%
Gross yield
− Property tax $12,503− Condo fees $22,755− Insurance $600− Vacancy & upkeep $8,976Net operating income $36,766

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX CONDOS PLUS CORPORATION. MLS®/PropTx.

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