600-38 Elm Street, Toronto, ON
Bay Street Corridor, Toronto · MLS® C13789624
About this home
In short
- Welcome to Minto Plaza, where sophisticated design meets an exceptional downtown location.
- This beautifully renovated 781 sq. ft. executive one-bedroom suite offers a thoughtfully designed layout with approximately $150,000 in quality upgrades.
- The custom kitchen showcases integrated cabinetry, a quartz waterfall backsplash and Bosch appliances, while wide-plank Scandinavian-style hardwood flooring and...
- Residents enjoy an impressive selection of amenities including 24-hour concierge, indoor lap pool, gym, sauna, party room, billiards room and garden terrace.
- Renovation completed by licensed luxury contractor Condovate Interiors.
Welcome to Minto Plaza, where sophisticated design meets an exceptional downtown location. This beautifully renovated 781 sq. ft. executive one-bedroom suite offers a thoughtfully designed layout with approximately $150,000 in quality upgrades.The spacious king-size bedroom features a walk-in closet and beautifully appointed ensuite finished in terrazzo tile, with a wall-to-wall rain shower and recessed lighting. The custom kitchen showcases integrated cabinetry, a quartz waterfall backsplash and Bosch appliances, while wide-plank Scandinavian-style hardwood flooring and built-in storage add warmth, style and functionality throughout. A generous living and dining area and large windows complete this impressive downtown residence.Located on a quiet, tree-lined street full of restaurants and patios in the heart of Toronto, Minto Plaza is just steps from the subway, Eaton Centre, restaurants, shops, hospitals, universities and the Financial District.Residents enjoy an impressive selection of amenities including 24-hour concierge, indoor lap pool, gym, sauna, party room, billiards room and garden terrace. Locker included.Additional Features & Inclusions: Bosch refrigerator, integrated dishwasher, stove and ceramic cooktop; stacked washer and dryer, lighting with dimmers, custom built-in storage throughout. Renovation completed by licensed luxury contractor Condovate Interiors.Nothing to do but Move in and Enjoy!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13789624
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 700-799 sq ft
- Cross streets
- Bay & Dundas
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $910/mo
- Exposure
- North West
- Property tax
- $3,060 / 2026
- Days on market
- 34
- Listing brokerage
- RE/MAX REALTY ENTERPRISES INC.
Rooms
hardwood floor · combined w/dining · led lighting
hardwood floor · pot lights · window floor to ceiling
large closet · b/i shelves · led lighting
b/i appliances · quartz counter · hardwood floor
4 pc bath · b/i vanity · stone floor
hardwood floor · 4 pc ensuite · walk-in closet(s)
large closet · led lighting
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readIts 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.
Neighbourhood & location
Bay Street Corridor, Toronto, ON
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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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $440,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,433
- Property tax
- $255
- Condo / maintenance fees
- $910
- Heating
- $0
- Estimated monthly cost
- $3,598
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,475
- Toronto municipal land transfer tax
- $7,475
- Estimated closing costs
- $14,950
Plus your down payment of $110,000. 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
- $145,970
- Principal paid down
- $53,760
- Interest paid
- $92,210
- Balance remaining
- $386,240
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 RE/MAX REALTY ENTERPRISES INC.. MLS®/PropTx.