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.
Sun-filled and stylish, this upgraded 1-bedroom suite at Stanley Condos puts you at the centre of downtown Toronto. Nine-foot ceilings and floor-to-ceiling windows flood the open living space with natural light, while the full-width west-facing balcony offers clear views over the downtown core and golden-hour sunsets. This suite makes smart use of every inch. The sleek contemporary kitchen features integrated appliances, stone countertops and a clean, minimalist design. Laminate flooring runs throughout, and the bathroom has a spa-inspired finish. *** Dual layer shades in living room *** Light-blocking shades in bedroom *** The efficient layout makes this suite ideal for first-time buyers, students, young professionals, or investors seeking strong rental demand.Stanley Condos is professionally managed by FirstService Residential and offers over 16,000 sq. ft. of hotel-inspired amenities, including: 24-hour concierge, 8,000 sq. ft. outdoor terrace with BBQs, lounge areas and sundeck, Tranquil Zen garden, Fitness centre and yoga studio, Theatre room, billiards lounge and ping pong room, Party room, boardroom, meeting rooms and study spacesGuest suites for visitors. A storage locker is included. The location is outstanding, with a Walk Score of 96 and the subway at your doorstep, you won't need a car. Loblaws at Maple Leaf Gardens is directly across the street, College Subway Station is steps away, and TTC streetcars stop at your door. You're also minutes from U of T, TMU, George Brown, College Park, Allan Gardens, the Eaton Centre, Dundas Square and major downtown hospitals.Bright, modern, and connected to everything. City living at its best.
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Estimated Rental Income
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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$2,187/mo
Mortgage (principal + interest)$1,665
Property taxFrom listing: $2,287/yr$191
Condo feesFrom listing$332
Minimum $22,250 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. 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$89,000
Ontario land transfer taxProvincial brackets, no first-time refund$5,375
Toronto land transfer taxMunicipal brackets, no first-time refund$5,375
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$102,550
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.
