2501-21 Balmuto Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C14089236

$746,900
For Sale
Listed 3 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to the luxurious Crystal Blu Condo in the heart of Yorkville.
  • This beautifully updated suite features brand-new flooring, fresh paint throughout, soaring 10-foot ceilings, and a bright, functional layout.
  • Perched on the 25th floor, enjoy spectacular unobstructed views and abundant natural light.
  • Residents benefit from a 24-hour concierge, fitness and yoga studio, sauna, and party room.
  • Just steps to the subway, world-class shopping, fine dining, and everything Yorkville has to offer.

Welcome to the luxurious Crystal Blu Condo in the heart of Yorkville. This beautifully updated suite features brand-new flooring, fresh paint throughout, soaring 10-foot ceilings, and a bright, functional layout. Perched on the 25th floor, enjoy spectacular unobstructed views and abundant natural light. Residents benefit from a 24-hour concierge, fitness and yoga studio, sauna, and party room. Just steps to the subway, world-class shopping, fine dining, and everything Yorkville has to offer.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14089236
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Yonge/Bloor/Bay
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,005/mo
Exposure
North East
Property tax
$4,826 / 2026
Days on market
3
Listing brokerage
FIRST CLASS REALTY INC.

Rooms

Primary BedroomMain3.66 × 3.05 m

broadloom · 4 pc ensuite · closet

Dining RoomMain4.42 × 3.66 m

hardwood floor · combined w/living · east view

KitchenMain2.69 × 2.44 m

hardwood floor · modern kitchen · granite counters

Bedroom 2Main3.05 × 2.74 m

broadloom · mirrored closet · east view

Living RoomMain4.42 × 3.66 m

hardwood floor · combined w/dining · w/o to balcony

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.

Neighbourhood & location

Bay Street 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
Annex
$1.03M
Kensington-Chinatown
$585K
Church-Yonge Corridor
$580K
Moss Park
$549K

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 Jesse Ketchum Junior and Senior Public School
87%
Jesse Ketchum Junior and Senior Public SchoolPublic · Elementary · 0.6 km awayHigher-rated than most nearby · 87% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Joseph's College School · Catholic secondary0.6 km · 76% at standard
Msgr Fraser College (Isabella Campus) · Catholic secondary0.9 km
Native Learning Centre · Public secondary0.9 km
Church Street Junior Public School · Public elementary0.9 km · 73% at standard
Jarvis Collegiate Institute · Public secondary0.9 km · 57% at standard
Rosedale Junior Public School · Public elementary1.0 km · 94% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary1.1 km
Rose Avenue Junior Public School · Public elementary1.2 km · 46% at standard
Huron Street Junior Public School · Public elementary1.2 km · 74% at standard
Orde Street Public School · Public elementary1.2 km · 76% at standard
Winchester Junior and Senior Public School · Public elementary1.4 km · 76% at standard
Cottingham Junior Public School · Public elementary1.4 km · 100% at standard

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

Affordability & Mortgage

Affordability
$3,404/mo
$165KIncome needed
4.5×Price ÷ income
$786Weekly cost
$22,826Land 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.

71%mortgage
Mortgage $3,404Property tax $402Condo fee $1,005Total carry $4,811

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)
$3,304per month

Mortgage amount $597,520 · 4.49% over 25 years

$149,380Down payment (20.0%)
$597,520Loan before insurance
$0CMHC premium
$4,711Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,304
Property tax
$402
Condo / maintenance fees
$1,005
Heating
$0
Estimated monthly cost
$4,711

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

One-time closing costs

Ontario land transfer tax
$11,413
Toronto municipal land transfer tax
$11,413
Estimated closing costs
$22,826

Plus your down payment of $149,380. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,999/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

$393,617Total interest paid
$991,137Total of all payments
Principal $597,520 Interest $393,617
YearPrincipalInterestBalance
1$13,334$26,311$584,186
2$13,940$25,706$570,246
3$14,572$25,073$555,674
4$15,234$24,411$540,440
5$15,926$23,720$524,514
6$16,649$22,997$507,865
7$17,405$22,241$490,460
8$18,195$21,450$472,265
9$19,021$20,624$453,244
10$19,885$19,761$433,359
11$20,788$18,858$412,572
12$21,731$17,914$390,840
13$22,718$16,927$368,122
14$23,750$15,896$344,372
15$24,828$14,817$319,544
16$25,955$13,690$293,589
17$27,134$12,512$266,455
18$28,366$11,280$238,090
19$29,654$9,992$208,436
20$31,000$8,645$177,436
21$32,408$7,238$145,028
22$33,879$5,766$111,149
23$35,417$4,228$75,732
24$37,025$2,620$38,706
25$38,706$939$0

At the end of your 5-year term

Total paid over the term
$198,227
Principal paid down
$73,006
Interest paid
$125,222
Balance remaining
$524,514

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$2,400/mo
$28,800Gross annual rent
1.1%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.

3.9%
Gross yield
− Property tax $4,826− Condo fees $12,055− Insurance $600− Vacancy & upkeep $3,168Net operating income $8,151

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

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