The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to an extraordinary opportunity to own one of downtown Toronto's premier family residences. This luxurious 3-bedroom penthouse offers approximately 2,050 square feet of sophisticated living space in one of the city's most desirable locations-just steps from Toronto Metropolitan University (TMU) and only minutes from the University of Toronto. Unlike the typical downtown condominium, this expansive penthouse has been designed for comfortable family living, offering the perfect balance of luxury, convenience, and long-term value.Ideal for families with children attending Toronto's leading universities, this residence provides a secure and comfortable home during their academic journey while offering the potential for long-term appreciation. The spacious three-bedroom layout allows parents and grandparents to visit comfortably, making family time easy and enjoyable throughout the year.Located within walking distance of TMU, the University of Toronto, Eaton Centre, Dundas Square, restaurants, entertainment, grocery stores, cafés, parks, and everyday conveniences, the penthouse also offers immediate access to TTC subway and streetcar lines. Inside, enjoy approximately 2,050 square feet of luxurious living space, featuring three spacious bedrooms, expansive open-concept living and dining areas, spectacular city views, exceptional privacy, and a rare oversized floor plan ideal for entertaining family and guests.Large three-bedroom penthouses in Toronto's downtown core are exceptionally rare. Whether you are seeking a luxury primary residence, an executive downtown home, or a long-term family investment centered around your child's education, this remarkable penthouse offers an unmatched combination of location, size, prestige, lifestyle, and investment potential. Experience one of downtown Toronto's finest family penthouses and arrange your private viewing today. Unit is Vacant and Furniture is Not Included
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$9,068/mo
Mortgage (principal + interest)$6,315
Property taxFrom listing: $8,265/yr$689
Condo feesFrom listing$2,065
Minimum 20% ($337,600 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$337,600
Ontario land transfer taxProvincial brackets, no first-time refund$30,235
Toronto land transfer taxMunicipal brackets, no first-time refund$30,235
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$400,870
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
