271 Mutual Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13535074

$1,824,900
For Sale
Listed 10 days ago
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3Bedrooms
3Bathrooms
1Garage
2250-2499Sq Ft

About this home

Sophisticated, maintenance-free urban living at its finest! This ultra-sleek, 4-story townhome offers over 2,200 sq ft of effortless, luxury living-all the space of a house with none of the hassle. The industrial-chic design boasts dramatic concrete ceilings, slate flooring, and floor-to-ceiling windows. An expansive living/dining area flows seamlessly to a private terrace, perfect for entertaining. Features 3+1 bedrooms, generous dedicated office space, and a serene primary retreat with dual closets and a 5-piece ensuite. The crowning jewel is a spectacular 4th-floor glass conservatory opening to a sweeping rooftop terrace. Complete with a private entrance to secure underground parking, this architectural gem is steps from top-tier dining, culture, Loblaws, TMU Eaton Center, and transit. Just move in and enjoy the city! Property owner has access to all of Radio City Condo's amenities- Guest suites, full fitness center with steam room, party room, meeting room and concierge.

Key facts

Property type
Condo Townhouse, Multi-Level
MLS®
C13535074
Bedrooms
3
Bathrooms
3 (1 half)
Size
2250-2499
Cross streets
Carlton & Church St
Parking
1 garage (underground)
Basement
Partial Basement
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$877/mo
Exposure
East West
Property tax
$8,747 / 2026
Days on market
10
Listing brokerage
CHESTNUT PARK REAL ESTATE LIMITED

Rooms

KitchenGround0.00 × 0.00 m

tile floor · granite counters · stainless steel appl

FoyerGround0.00 × 0.00 m

hardwood floor · 2 pc bath

BreakfastGround0.00 × 0.00 m

tile floor · window floor to ceiling · w/o to terrace

OfficeUpper0.00 × 0.00 m

window floor to ceiling · w/o to terrace · broadloom

Bedroom 2Third0.00 × 0.00 m

broadloom · large window · double closet

Living RoomGround0.00 × 0.00 m

combined w/dining · hardwood floor · w/o to terrace

Dining RoomGround0.00 × 0.00 m

combined w/living · hardwood floor · track lighting

Bedroom 3Third0.00 × 0.00 m

large window · stone floor · murphy bed

Primary BedroomSecond0.00 × 0.00 m

5 pc ensuite · broadloom · large window

DenSecond0.00 × 0.00 m

large window · b/i shelves · broadloom

Moe’s TakeTeam Asgarian · Broker
In the wider range
$1.76Mest. value

Listed at $1,824,900, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.38M, a bit lower.

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, listed at $1.30M
  • Size difference +$182K
  • Adjusts to $1.48M

That comparable adjusts to $1.48M; the $1.76M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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. Carlton St at Jarvis St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.49MGreat deal$1.99MOverpriced

Total price vs nearby homes. Fair value about $1.76M, median of 5 comparables.

Comparable listingsCurrently listed nearby · asking prices
$1.14Mavg asking

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

4-306 Sackville Street$1.70M7-70 Hargrave Lane$1.20M3 James Stock Path$1.05M8-1 Bastedo Avenue$900k62 Jenny Wrenway$880k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.82MThis home1.70M1.20M1.05M900k880kThis home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $1.19M
$769this home / sqft
6active listings nearby
10days on market

This home lists 13% below the area average of $879/sqft.

6 days longer than the Toronto average (4 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.

Getting around

87/ 100

Very WalkableA 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 Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Carlton St at Jarvis St, about 137 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Niagara
$559K
Willowdale East
$799K
Victoria Village
$782K
New Toronto
$780K
Don Valley Village
$720K

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
$8,317/mo
$359KIncome needed
5.1×Price ÷ income
$1,919Weekly 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.

84%mortgage
Mortgage $8,317Property tax $729Condo fee $877Total carry $9,923

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,791per month

Mortgage amount $1,459,920 · 4.14% over 25 years

$364,980Down payment (20.0%)
$1,459,920Loan before insurance
$0CMHC premium
$9,397Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,791
Property tax
$729
Condo / maintenance fees
$877
Heating
$0
Estimated monthly cost
$9,397

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

One-time closing costs

Ontario land transfer tax
$32,973
Toronto municipal land transfer tax
$32,973
Estimated closing costs
$65,946

Plus your down payment of $364,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,462/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

$877,282Total interest paid
$2,337,202Total of all payments
Principal $1,459,920 Interest $877,282
YearPrincipalInterestBalance
1$34,201$59,287$1,425,719
2$35,631$57,857$1,390,088
3$37,122$56,366$1,352,966
4$38,675$54,813$1,314,291
5$40,292$53,196$1,273,999
6$41,978$51,510$1,232,021
7$43,734$49,755$1,188,288
8$45,563$47,925$1,142,725
9$47,469$46,019$1,095,256
10$49,454$44,034$1,045,802
11$51,523$41,965$994,279
12$53,678$39,810$940,601
13$55,923$37,565$884,678
14$58,262$35,226$826,415
15$60,699$32,789$765,716
16$63,238$30,250$702,478
17$65,884$27,605$636,594
18$68,639$24,849$567,955
19$71,510$21,978$496,444
20$74,502$18,986$421,943
21$77,618$15,870$344,325
22$80,865$12,624$263,460
23$84,247$9,241$179,213
24$87,771$5,717$91,442
25$91,442$2,046$0

At the end of your 5-year term

Total paid over the term
$467,440
Principal paid down
$185,921
Interest paid
$281,519
Balance remaining
$1,273,999

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$7,650/mo
$91,800Gross annual rent
3.4%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.

5.0%
Gross yield
− Property tax $8,747− Condo fees $10,524− Insurance $600− Vacancy & upkeep $10,098Net operating income $61,831

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.

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