3609-85 Wood Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13018296

$539,000
For Sale
Listed 94 days ago
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2Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Stylish 1+Den suite at Axis Condos, ideally located at Church & Carlton. This bright and spacious unit features an open-concept layout with a large den enclosed by a sliding door-perfect as a second bedroom or home office. Offering approximately 575 sq ft of interior living space plus an oversized walk-out balcony, the unit is finished with laminate flooring throughout and a modern kitchen with integrated appliances and granite countertops. Conveniently located just steps to Toronto Metropolitan University, U of T, subway access, 24-hour streetcar, Loblaws, Eaton Centre, Dundas Square, and College Park.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13018296
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
Church St / Carlton St
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$375/mo
Exposure
North
Property tax
$3,167 / 2025
Days on market
94
Listing brokerage
KELLER WILLIAMS EDGE REALTY

Rooms

Kitchen

laminate · stone counters · b/i appliances

Den

laminate · separate room · sliding doors

Living Room

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

Primary Bedroom

laminate · large closet · large window

Dining Room

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

Moe’s TakeTeam Asgarian · Broker
In line
$498Kest. value

Listed at $539,000, 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 Church-Yonge Corridor lately, sellers have been getting about 96% of asking and homes sell in about 34 days.

Based on 54 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 54 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $551K, a bit higher.

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 $470K
  • Adjusts to $470K

That comparable adjusts to $470K; the $498K estimate above is the median of all 54 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.

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.

List price
$464KGreat deal$564KOverpriced

Total price vs nearby homes. Fair value about $498K, median of 54 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
Comparable listingsCurrently listed nearby in Church-Yonge Corridor · asking prices
$515kavg asking

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

1805-252 Church Street$545k1409-18 Maitland Terrace$528k1401-403 Church Street$485k4703-89 Church Street$548k603-77 Shuter Street$470k

The 5 closest of 8 active listings nearby.

See all comparable homes
539kThis home545k528k485k548k470kThis home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $555K
$981this home / sqft
56active listings nearby
94days on market
100sold nearby · 90 days
$612Kmedian sold price
96%of asking, on average

This home lists 9% above the area average of $904/sqft.

93 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.

Nearby neighbourhoods

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

Bay Street Corridor
$506K
Moss Park
$552K
Waterfront Communities C8
$736K
Waterfront Communities C1
$593K
Niagara
$553K

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 Church Street Junior Public School
73%
Church Street Junior Public SchoolPublic · Elementary · 0.1 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$2,457/mo
$113KIncome needed
4.8×Price ÷ income
$567Weekly 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.

79%mortgage
Mortgage $2,457Property tax $264Condo fee $375Total carry $3,095

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,301per month

Mortgage amount $431,200 · 4.14% over 25 years

$107,800Down payment (20.0%)
$431,200Loan before insurance
$0CMHC premium
$2,940Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,301
Property tax
$264
Condo / maintenance fees
$375
Heating
$0
Estimated monthly cost
$2,940

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

One-time closing costs

Ontario land transfer tax
$7,255
Toronto municipal land transfer tax
$7,255
Estimated closing costs
$14,510

Plus your down payment of $107,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,795/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

$259,113Total interest paid
$690,313Total of all payments
Principal $431,200 Interest $259,113
YearPrincipalInterestBalance
1$10,102$17,511$421,098
2$10,524$17,088$410,574
3$10,964$16,648$399,610
4$11,423$16,190$388,187
5$11,901$15,712$376,287
6$12,398$15,214$363,888
7$12,917$14,695$350,971
8$13,457$14,155$337,514
9$14,020$13,592$323,493
10$14,607$13,006$308,887
11$15,218$12,395$293,669
12$15,854$11,758$277,815
13$16,517$11,095$261,297
14$17,208$10,404$244,089
15$17,928$9,684$226,161
16$18,678$8,935$207,483
17$19,459$8,153$188,024
18$20,273$7,339$167,750
19$21,121$6,491$146,629
20$22,005$5,608$124,624
21$22,925$4,687$101,699
22$23,884$3,728$77,815
23$24,883$2,729$52,932
24$25,924$1,689$27,008
25$27,008$604$0

At the end of your 5-year term

Total paid over the term
$138,063
Principal paid down
$54,913
Interest paid
$83,149
Balance remaining
$376,287

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
1.8%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.

3.8%
Gross yield
− Property tax $3,167− Condo fees $4,499− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,890

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

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