511-35 Bales Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13825312

$748,000
For Sale
Listed 25 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Welcome to this newly renovated corner unit at Cosmo Residences.
  • This is a bright and spacious 2 bed, 2 bath suite that offers the perfect blend of style, comfort, and convenient urban living in the heart of North York.
  • Enjoy an open-concept living and dining area, ensuite laundry, and a generously sized primary bedroom with ensuite.
  • Luxurious building amenities include an indoor pool, sauna, billiards room, guest suites, visitor's parking, and 24/7 security.

Welcome to this newly renovated corner unit at Cosmo Residences! This is a bright and spacious 2 bed, 2 bath suite that offers the perfect blend of style, comfort, and convenient urban living in the heart of North York. This unit features brand new laminate flooring, lights, fresh paint throughout, and an upgraded kitchen with a new dishwasher and modern cabinetry. Enjoy an open-concept living and dining area, ensuite laundry, and a generously sized primary bedroom with ensuite. The highly desirable split-bedroom layout offers lots of privacy. The private balcony has an unobstructed south view of Avondale Park. Luxurious building amenities include an indoor pool, sauna, billiards room, guest suites, visitor's parking, and 24/7 security. You'll be steps away from the restaurants, shopping, and other amenities on Yonge St. Truly a turn-key opportunity that's move-in ready!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13825312
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Yonge St & Sheppard Ave E
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$909/mo
Exposure
South East
Property tax
$3,253 / 2026
Days on market
25
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

KitchenFlat4.02 × 2.38 m

stainless steel appl · large window

Bedroom 2Flat4.54 × 2.98 m

window · closet · vinyl floor

Dining RoomFlat5.46 × 4.52 m

combined w/living · vinyl floor · south view

Primary BedroomFlat4.96 × 3.02 m

window · walk-in closet(s) · 3 pc ensuite

Living RoomFlat5.46 × 4.52 m

combined w/dining · large window · south view

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Its public catchment (Claude Watson School for the Arts) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

What sellers nearby are askingCurrently listed nearby in Willowdale East · asking prices
$748kavg asking

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

Per square foot, these ask about $745/sqft; this home lists at $788/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
748kThis home755k788k699k749k750kThis home vs active comparables

Neighbourhood & location

Willowdale East, 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.

Nearby neighbourhoods

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

Bayview Village
$526K
Dovercourt-Wallace Emerson-Junction
$640K
North St. James Town
$765K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K

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 Claude Watson School for the Arts
96%
Claude Watson School for the ArtsPublic · Elementary · 0.6 km awayAmong the top in the GTA · 96% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Cardinal Carter ES · Catholic elementary0.4 km
Cardinal Carter Academy for the Arts · Catholic secondary0.4 km · 92% at standard
Avondale Alternative Elementary School · Public elementary0.7 km · 94% at standard
Avondale Public School · Public elementary0.7 km · 70% at standard
St Edward Catholic School · Catholic elementary0.8 km · 89% at standard
Earl Haig Secondary School · Public secondary1.0 km · 90% at standard
Cameron Public School · Public elementary1.2 km · 81% at standard
McKee Public School · Public elementary1.5 km · 86% at standard
St Andrew's Middle School · Public elementary1.7 km · 81% at standard
Hollywood Public School · Public elementary1.7 km · 96% at standard
Willowdale Middle School · Public elementary1.8 km · 78% at standard
Owen Public School · Public elementary1.8 km · 59% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,409/mo
$159KIncome needed
4.7×Price ÷ income
$787Weekly cost
$22,870Land transfer tax, one-time (Ontario + Toronto)
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.

74%mortgage
Mortgage $3,409Property tax $271Condo fee $909Total carry $4,589

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,309per month

Mortgage amount $598,400 · 4.49% over 25 years

$149,600Down payment (20.0%)
$598,400Loan before insurance
$0CMHC premium
$4,489Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,309
Property tax
$271
Condo / maintenance fees
$909
Heating
$0
Estimated monthly cost
$4,489

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

One-time closing costs

Ontario land transfer tax
$11,435
Toronto municipal land transfer tax
$11,435
Estimated closing costs
$22,870

Plus your down payment of $149,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,005/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

$394,197Total interest paid
$992,597Total of all payments
Principal $598,400 Interest $394,197
YearPrincipalInterestBalance
1$13,354$26,350$585,046
2$13,960$25,744$571,086
3$14,594$25,110$556,492
4$15,257$24,447$541,236
5$15,949$23,755$525,287
6$16,673$23,030$508,613
7$17,430$22,273$491,183
8$18,222$21,482$472,961
9$19,049$20,655$453,912
10$19,914$19,790$433,998
11$20,818$18,886$413,179
12$21,763$17,940$391,416
13$22,752$16,952$368,664
14$23,785$15,919$344,880
15$24,865$14,839$320,015
16$25,994$13,710$294,021
17$27,174$12,530$266,848
18$28,408$11,296$238,440
19$29,697$10,007$208,743
20$31,046$8,658$177,697
21$32,455$7,249$145,242
22$33,929$5,775$111,313
23$35,469$4,234$75,843
24$37,080$2,624$38,763
25$38,763$940$0

At the end of your 5-year term

Total paid over the term
$198,519
Principal paid down
$73,113
Interest paid
$125,406
Balance remaining
$525,287

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$3,050/mo
$36,600Gross annual rent
2.4%Cap rate after taxes and upkeep

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.

4.9%
Gross yield
− Property tax $3,253− Condo fees $10,910− Insurance $600− Vacancy & upkeep $4,026Net operating income $17,811

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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