3103-47 Mutual Street, Toronto, ON
Church-Yonge Corridor, Toronto · MLS® C13562526
About this home
Welcome to modern downtown living in this brand new NEVER LIVED IN lower penthouse 2-bedroom, 2-bathroom suite offering 696 sq. ft. of thoughtfully designed interior space with 106 exterior space, complete with full Tarion Warranty. Finished with approximately $18,000 in premium upgrades. This stylish suite boasts a sleek, modern kitchen, open-concept living area with floor-to-ceiling windows, and a spa-like bathroom perfect for professionals or couples seeking both function and style. The luxury building offers over 6,600 sq. ft. of premium amenities, including a state-of-the-art fitness center, stylish party room, expansive terrace, kids' playroom, and pet spa. Located just steps to Queen & Dundas subway, Eaton Centre, TMU, St. Michaels Hospital, and a short 12-minute walk to the Financial District this is downtown convenience at its finest.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13562526
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 600-699
- Cross streets
- Shuter & Mutual
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $519/mo
- Exposure
- North West
- Property tax
- $4,151 / 2026
- Days on market
- 5
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
vinyl floor · window floor to ceiling · w/o to balcony
vinyl floor · window floor to ceiling · w/o to balcony
vinyl floor · double closet · window floor to ceiling
vinyl floor · modern kitchen · b/i appliances
vinyl floor · 3 pc ensuite · window floor to ceiling
Listed at $631,859, 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.
Based on 29 similar homes nearby, adjusted for size, beds, and baths.Median of 29 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $655K, 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, listed at $528K
- Bathrooms +$15K
- Adjusts to $543K
That comparable adjusts to $543K; the $570K estimate above is the median of all 29 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.
The assigned public school is Lord Dufferin Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Queen St East at Jarvis St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $570K, median of 29 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.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Lifestyle
- Value driver
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 7% above the area average of $911/sqft.
3 days longer than the Toronto average (2 days).
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
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: Queen St East at Jarvis St, about 176 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 20, 2026); conventional rates run a little higher.
Mortgage amount $505,487 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,697
- Property tax
- $346
- Condo / maintenance fees
- $519
- Heating
- $0
- Estimated monthly cost
- $3,562
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,112
- Toronto municipal land transfer tax
- $9,112
- Estimated closing costs
- $18,224
Plus your down payment of $126,372. 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
- $161,848
- Principal paid down
- $64,374
- Interest paid
- $97,474
- Balance remaining
- $441,113
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.