508-650 Mount Pleasant Road, Toronto, ON
Mount Pleasant West, Toronto · MLS® C13155560
About this home
Welcome to Chateau Royal Boutique Condominium elegant living in the heart of the highly coveted Mount Pleasant Village. Perfectly situated in Midtown Toronto, this exceptional residence places you steps from charming cafés, incredible restaurants, boutique shopping, and the vibrant streets of Mount Pleasant, Yonge Street, and Bayview Avenue, while surrounded by picturesque tree lined residential streets that define this sought after neighbourhood.This beautifully designed east-facing suite is filled with natural light and showcases stunning sunrise views from the spacious private balcony. A welcoming foyer leads into a bright open-concept living and dining area featuring newer hardwood floors and an ideal layout for both comfortable living and entertaining. The well-appointed kitchen offers stainless steel appliances, ample cabinetry, a pantry, and a convenient breakfast bar.The spacious primary retreat features a walk-in closet with built in shelving and a generous Four piece ensuite jacuzzi bath and walk-in shower, while the thoughtfully designed second bedroom includes custom "California Closets" built-in desk, cabinets, shelving and a double Murphy bed with built in closet and drawers creating exceptional versatility for guests, family, or a sophisticated home office. A second full bathroom adds further comfort and convenience, seamless indoor-outdoor living with direct balcony access, ensuite laundry, and an efficient, well-utilized floor plan throughout.Residents of this exceptionally managed boutique building enjoy concierge service, impressive amenities, and a stunning hotel-inspired lobby that creates an elevated sense of arrival. Complete with one owned parking space and one owned locker, this is a rare opportunity to own in one of Midtown Toronto's most desirable communities.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13155560
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 900-999
- Cross streets
- Mount Pleasant Rd/Manor/Hillsdale
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Brick, Stone
- Maintenance
- $1,338/mo
- Exposure
- East
- Property tax
- $4,426 / 2025
- Days on market
- 63
- Listing brokerage
- HOMELIFE/ROMANO REALTY LTD.
Rooms
tile floor · 3 pc bath · closet
hardwood floor · open concept · combined w/living
murphy bed · b/i desk · w/o to balcony
hardwood floor · large window · open concept
breakfast bar · stainless steel appl · overlooks dining
4 pc ensuite · walk-in closet(s) · large window
Listed at $725,000, and my independent estimate is right in line with comparable homes.
In Mount Pleasant West lately, sellers get about 96% of asking; homes sell in ~40 days.
Total price vs nearby homes. Fair value about $743K, median of 68 comparables.
How this estimate is builtthe short version
I take the 68 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $769K, a close match.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
Its public catchment (North Toronto Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 68 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 20% below the area average of $958/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Mount Pleasant West, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $580,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,095
- Property tax
- $369
- Condo / maintenance fees
- $1,338
- Heating
- $0
- Estimated monthly cost
- $4,802
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,975
- Toronto municipal land transfer tax
- $10,975
- Estimated closing costs
- $21,950
Plus your down payment of $145,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $185,706
- Principal paid down
- $73,863
- Interest paid
- $111,843
- Balance remaining
- $506,137
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/ROMANO REALTY LTD.. MLS®/PropTx.