707-555 Yonge Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C14027570

$490,000
For Sale
Listed 6 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Beautifully renovated 1-bedroom condo with parking and locker in the heart of Downtown.
  • The spacious open-concept living and dining area is framed by large windows, filling the space with natural light and offering a desirable northeast exposure.
  • A beautifully renovated 4-piece bathroom completes the home's contemporary appeal.
  • The building showcases thoughtful upgrades throughout: dual rooftop terraces ideal for entertaining, a contemporary fitness centre and sauna, and a welcoming...
  • At Walk Score 100, downtown living has never been more seamless.

Beautifully renovated 1-bedroom condo with parking and locker in the heart of Downtown! The unit has been thoughtfully redesigned with a sleek, modern aesthetic, and quality craftsmanship. The kitchen has been fully updated into a luxurious space any chef would be proud of, featuring quartz countertops, a stylish backsplash, and a breakfast bar with seating for up to four, along with all-new stainless steel appliances including fridge, stove, and dishwasher, perfect for both everyday living and entertaining. The spacious open-concept living and dining area is framed by large windows, filling the space with natural light and offering a desirable northeast exposure. The generously sized bedroom also features expansive windows and a large closet, providing ample storage. A beautifully renovated 4-piece bathroom completes the home's contemporary appeal. With parking and a locker included, this turnkey suite offers an exceptional blend of comfort, style, and convenience. The building showcases thoughtful upgrades throughout: dual rooftop terraces ideal for entertaining, a contemporary fitness centre and sauna, and a welcoming renovated lobby and elevators. The striking granite podium deck sets an elegant tone at arrival. Location is unbeatable-transit, dining, shopping, and green space are moments away, and you're within minutes of UofT, TMU, George Brown, and major hospitals. At Walk Score 100, downtown living has never been more seamless. Whether you're a professional, student, frontline worker, investor, or commuting civil servant, this address offers sophisticated living with complete convenience.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14027570
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
Yonge St & Wellesley St E
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$872/mo
Exposure
North East
Property tax
$2,428 / 2025
Days on market
6
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Living RoomFlat5.69 × 3.25 m

large window · laminate · combined w/dining

Dining RoomFlat5.69 × 3.25 m

open concept · laminate · combined w/living

BedroomFlat3.89 × 2.84 m

laminate · large window · large closet

KitchenFlat2.87 × 2.74 m

centre island · quartz counter · stainless steel appl

LaundryFlat1.50 × 1.00 m
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 (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

What sellers nearby are askingCurrently listed nearby in Church-Yonge Corridor · asking prices
$635kavg 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 $977/sqft; this home lists at $754/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
490kThis home495k629k780kThis home vs active comparables

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.

Nearby neighbourhoods

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

North St. James Town
$649K
Kensington-Chinatown
$548K
Moss Park
$495K
Waterfront Communities C8
$525K
Waterfront Communities C1
$699K

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 · 0.4 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Joseph's College School · Catholic secondary0.4 km · 76% at standard
Native Learning Centre · Public secondary0.4 km
Jarvis Collegiate Institute · Public secondary0.6 km · 57% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary0.8 km
Msgr Fraser College (Isabella Campus) · Catholic secondary0.8 km
Orde Street Public School · Public elementary0.9 km · 76% at standard
Winchester Junior and Senior Public School · Public elementary1.1 km · 76% at standard
Rose Avenue Junior Public School · Public elementary1.1 km · 46% at standard
St Michael's Choir (Jr) School · Catholic elementary1.2 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary1.2 km · 98% at standard
Contact Alternative School School · Public secondary1.3 km
Subway Academy II · Public secondary1.4 km

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

Affordability & Mortgage

Affordability
$2,233/mo
$111KIncome needed
4.4×Price ÷ income
$515Weekly cost
$12,550Land 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.

68%mortgage
Mortgage $2,233Property tax $202Condo fee $872Total carry $3,308

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)
$2,167per month

Mortgage amount $392,000 · 4.49% over 25 years

$98,000Down payment (20.0%)
$392,000Loan before insurance
$0CMHC premium
$3,242Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,167
Property tax
$202
Condo / maintenance fees
$872
Heating
$0
Estimated monthly cost
$3,242

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

One-time closing costs

Ontario land transfer tax
$6,275
Toronto municipal land transfer tax
$6,275
Estimated closing costs
$12,550

Plus your down payment of $98,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,623/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

$258,231Total interest paid
$650,231Total of all payments
Principal $392,000 Interest $258,231
YearPrincipalInterestBalance
1$8,748$17,261$383,252
2$9,145$16,864$374,107
3$9,560$16,449$364,547
4$9,994$16,015$354,553
5$10,448$15,561$344,105
6$10,922$15,087$333,182
7$11,418$14,591$321,764
8$11,937$14,072$309,827
9$12,479$13,530$297,349
10$13,045$12,964$284,303
11$13,638$12,372$270,666
12$14,257$11,752$256,409
13$14,904$11,105$241,505
14$15,581$10,428$225,924
15$16,288$9,721$209,636
16$17,028$8,981$192,608
17$17,801$8,208$174,807
18$18,609$7,400$156,197
19$19,454$6,555$136,743
20$20,337$5,672$116,406
21$21,261$4,748$95,145
22$22,226$3,783$72,919
23$23,235$2,774$49,683
24$24,290$1,719$25,393
25$25,393$616$0

At the end of your 5-year term

Total paid over the term
$130,046
Principal paid down
$47,895
Interest paid
$82,151
Balance remaining
$344,105

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$2,050/mo
$24,600Gross annual rent
1.7%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.

5.0%
Gross yield
− Property tax $2,428− Condo fees $10,464− Insurance $600− Vacancy & upkeep $2,706Net operating income $8,402

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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