506-2221 Yonge Street, Toronto, ON

Mount Pleasant West, Toronto · MLS® C13874082

$448,000
For Sale
Listed 12 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
0-499Sq ft

About this home

In short

  • ONE PARKING INCLUDED Welcome to this beautifully designed one-bedroom suite at 2221 Yonge.
  • This bright and spacious suite features floor-to-ceiling windows, 9-foot ceilings, and a generous 159 sq. ft. balcony, offering approximately 645 sq. ft. of total...
  • The open-concept interior showcases a modern oversized kitchen with stone countertops, stainless steel range hood, integrated appliances, breakfast bar, and sleek...
  • Residents enjoy exceptional amenities including Serena Spa, valet parking, a rooftop terrace with BBQ and lounge areas, fitness club with yoga studio, hot pool...

*** ONE PARKING INCLUDED ***Welcome to this beautifully designed one-bedroom suite at 2221 Yonge. Enjoy a warm and inviting atmosphere with a peaceful south-facing open garden view. Natural sunlight fills the suite throughout the day, creating a bright, cozy, and comfortable space that truly feels like home.This bright and spacious suite features floor-to-ceiling windows, 9-foot ceilings, and a generous 159 sq. ft. balcony, offering approximately 645 sq. ft. of total indoor and outdoor living space. The balcony is perfect for relaxing, enjoying the garden view, or entertaining.The open-concept interior showcases a modern oversized kitchen with stone countertops, stainless steel range hood, integrated appliances, breakfast bar, and sleek laminate flooring throughout.Residents enjoy exceptional amenities including Serena Spa, valet parking, a rooftop terrace with BBQ and lounge areas, fitness club with yoga studio, hot pool, massage pool, and warm pool, offering a truly elevated urban lifestyle.Ideally situated in the heart of Toronto's highly sought-after Yonge-Eglinton neighbourhood, surrounded by top-rated schools, trendy restaurants, boutique shopping, entertainment, and convenient access to the TTC subway and Eglinton Crosstown LRT.Just steps from Eglinton Station, the LRT, Eglinton Centre, and everything this dynamic Midtown hub has to offer. Enjoy a quick commute downtown and a vibrant, connected lifestyle.Move-in ready!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13874082
Bedrooms
1
Bathrooms
1
Size
0-499 sq ft
Cross streets
Yonge and Eglinton
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$566/mo
Exposure
South
Property tax
$2,701 / 2026
Days on market
12
Listing brokerage
RE/MAX CONDOS PLUS CORPORATION

Rooms

KitchenFlat3.20 × 4.90 m

modern kitchen · laminate · w/o to balcony

FoyerFlat1.50 × 3.00 m

Laminate

Living RoomFlat3.20 × 4.90 m

combined w/kitchen · laminate · w/o to balcony

Primary BedroomFlat2.90 × 3.00 m

large window · laminate · 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

On schools, this address is zoned for Whitney Junior Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

What sellers nearby are askingCurrently listed nearby in Mount Pleasant West · asking prices
$416kavg 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 $1,666/sqft; this home lists at $1,796/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
448kThis home440k425k415k400k399kThis home vs active comparables

Neighbourhood & location

Mount Pleasant West, 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.

Dovercourt-Wallace Emerson-Junction
$640K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$876K
Moss Park
$549K
Bayview Village
$543K

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 Whitney Junior Public School
94%
Whitney Junior Public SchoolPublic · Elementary · 2.6 km awayAmong the top in the GTA · 94% meet the provincial standard
Spectrum Alternative Senior SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Eglinton Junior Public School · Public elementary0.6 km · 70% at standard
John Fisher Junior Public School · Public elementary0.6 km · 85% at standard
Northern Secondary School · Public secondary0.8 km · 82% at standard
Davisville Junior Public School · Public elementary0.8 km · 86% at standard
Marshall McLuhan Catholic Secondary School · Catholic secondary1.0 km · 74% at standard
Oriole Park Junior Public School · Public elementary1.0 km · 100% at standard
Hodgson Middle School · Public elementary1.2 km · 76% at standard
Allenby Junior Public School · Public elementary1.3 km · 78% at standard
Maurice Cody Junior Public School · Public elementary1.6 km · 90% at standard
John Ross Robertson Junior Public School · Public elementary1.6 km · 83% at standard
Blythwood Junior Public School · Public elementary1.7 km · 88% at standard
Sunny View Junior and Senior Public School · Public elementary1.7 km

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

Affordability & Mortgage

Affordability
$2,042/mo
$99KIncome needed
4.5×Price ÷ income
$471Weekly cost
$10,870Land 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.

72%mortgage
Mortgage $2,042Property tax $225Condo fee $566Total carry $2,833

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,982per month

Mortgage amount $358,400 · 4.49% over 25 years

$89,600Down payment (20.0%)
$358,400Loan before insurance
$0CMHC premium
$2,773Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,982
Property tax
$225
Condo / maintenance fees
$566
Heating
$0
Estimated monthly cost
$2,773

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

One-time closing costs

Ontario land transfer tax
$5,435
Toronto municipal land transfer tax
$5,435
Estimated closing costs
$10,870

Plus your down payment of $89,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,398/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

$236,097Total interest paid
$594,497Total of all payments
Principal $358,400 Interest $236,097
YearPrincipalInterestBalance
1$7,998$15,782$350,402
2$8,361$15,419$342,041
3$8,741$15,039$333,300
4$9,138$14,642$324,163
5$9,552$14,227$314,610
6$9,986$13,794$304,624
7$10,440$13,340$294,184
8$10,914$12,866$283,271
9$11,409$12,371$271,862
10$11,927$11,853$259,934
11$12,469$11,311$247,466
12$13,035$10,745$234,431
13$13,627$10,153$220,804
14$14,245$9,535$206,559
15$14,892$8,888$191,667
16$15,568$8,212$176,098
17$16,275$7,505$159,823
18$17,014$6,766$142,809
19$17,787$5,993$125,022
20$18,594$5,186$106,428
21$19,438$4,341$86,990
22$20,321$3,459$66,669
23$21,244$2,536$45,425
24$22,208$1,572$23,217
25$23,217$563$0

At the end of your 5-year term

Total paid over the term
$118,899
Principal paid down
$43,790
Interest paid
$75,109
Balance remaining
$314,610

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$2,300/mo
$27,600Gross annual rent
3.2%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.

6.2%
Gross yield
− Property tax $2,701− Condo fees $6,791− Insurance $600− Vacancy & upkeep $3,036Net operating income $14,472

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX CONDOS PLUS CORPORATION. MLS®/PropTx.

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