707-555 Yonge Street, Toronto, ON
Church-Yonge Corridor, Toronto · MLS® C13221732
About this home
Welcome to this beautifully renovated 1-bedroom condo with parking and locker in the vibrant Yonge & Wellesley neighbourhood. Thoughtfully redesigned with a sleek, modern aesthetic, this home showcases quality craftsmanship throughout. No expense was spared in transforming the kitchen into a luxurious space any chef would be proud of, featuring quartz countertops, a stylish backsplash, and a breakfast bar with seating for up to four, along with all-new stainless steel appliances including fridge, stove, and dishwasher, perfect for both everyday living and entertaining. The spacious open-concept living and dining area is framed by large windows, filling the space with natural light and offering a desirable northeast exposure. The generously sized bedroom also features expansive windows and a large closet, providing ample storage. A beautifully updated 4-piece bathroom completes the home's contemporary appeal. With parking and a locker included, this turnkey suite offers an exceptional blend of comfort, style, and convenience. The building showcases thoughtful upgrades throughout: dual rooftop terraces ideal for entertaining, a contemporary fitness centre and sauna, and a welcoming renovated lobby and elevators. The striking granite podium deck sets an elegant tone at arrival. Location is unbeatable-transit, dining, shopping, and green space are moments away, and you're within minutes of UofT, TMU, George Brown, and major hospitals. At Walk Score 100, downtown living has never been more seamless. Whether you're a professional, student, frontline worker, investor, or commuting civil servant, this address offers sophisticated living with complete convenience.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13221732
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 600-699
- Cross streets
- Yonge St & Wellesley St E
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $872/mo
- Exposure
- North East
- Property tax
- $2,428 / 2025
- Days on market
- 52
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
laminate · large window · large closet
large window · laminate · combined w/dining
centre island · quartz counter · stainless steel appl
centre island · quartz counter · stainless steel appl
open concept · laminate · combined w/living
Listed at $498,800, and my independent estimate is right in line with comparable homes.
In Church-Yonge Corridor lately, sellers get about 96% of asking; homes sell in ~33 days.
Total price vs nearby homes. Fair value about $529K, median of 66 comparables.
How this estimate is builtthe short version
I take the 66 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 $413K, a bit lower.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit
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.
On location, this is a very walkable address with everyday errands close by. Wellesley Street is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Based on 66 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 6 active listings nearby.
See all comparable homesThis home lists 15% below the area average of $902/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Church-Yonge Corridor, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Walker's ParadiseA 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 OpenStreetMap contributors.
Most daily errands can be done on foot.
🚉 Nearest transit: Wellesley Street, about 34 m away
Within a 15-minute (1.5 km) walk.
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 24, 2026); conventional rates run a little higher.
Mortgage amount $399,040 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,129
- Property tax
- $202
- Condo / maintenance fees
- $872
- Heating
- $0
- Estimated monthly cost
- $3,204
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,451
- Toronto municipal land transfer tax
- $6,451
- Estimated closing costs
- $12,902
Plus your down payment of $99,760. 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
- $127,766
- Principal paid down
- $50,818
- Interest paid
- $76,948
- Balance remaining
- $348,222
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 ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.