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.
This is an opportunity to acquire over 900 Square feet of move in ready living space with a ton of upside potential to renovate later to build equity quickly. Welcome to Celebrity Place Condominiums, a hidden downtown gem at 77 Maitland Place; set within gated, park-like setting in the heart of Toronto. This unit was owned by the same resident since 1995, they are rarely offered for sale. Why pay for someone else's renovation you likely will want to redo one day anyway. This largest model in the building for 2 full bedrooms, 2 full baths at over 900 Sq. Ft., plus, an additional 150 Sq. Ft. balcony. The generous principal rooms and layout provides exceptional fundamentals for end users and investors alike. The master bedroom is huge, large ensuite laundry closet with existing rough-in for attachments. Large rectangular balcony accommodates full outdoor furniture settings, adding meaningful living space to the unit. The kitchen remains original and very functional; an ideal value-add opportunity to be had. Meticulously maintained, the suite is ready to enjoy now, and renovate over time. Celebrity Place is known for its mature, stable ownership, supporting long-term value and demand. Steps to hospitals, both universities, premier shopping, dining, and live theatre district. Quick access to the DVP, Gardiner expressway, and both subway lines (approx. 10-minute walk). Positioned on the 4th floor level connecting the north and south towers-this unit offers seamless access to the many amenities without changing elevators. Amenities include 5 star 24-hour concierge, visitor parking, common EV charging stations, carwash bay, party & video rooms, full gym, squash courts, library, and a private in-house convenience store. Buy, renovate, and capitalize-or move in, enjoy and upgrade over time. This is downtown condo investing done right.
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Estimated Rental Income
Rental estimate coming soon
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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$3,383/mo
Mortgage (principal + interest)$2,245
Property taxFrom listing: $3,069/yr$256
Condo feesFrom listing$883
Minimum $35,000 down for this price; the slider moves in whole percent, starting at 6%. 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$120,000
Ontario land transfer taxProvincial brackets, no first-time refund$8,475
Toronto land transfer taxMunicipal brackets, no first-time refund$8,475
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$139,750
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.
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