500 Avenue Road, Toronto, ON

$2,898,000
MLS#:C13494102
2 beds
3 baths
2750-2999 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Casa Loma. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,898,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2750-2999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Separate Heating Controls, Separate Hydro Meter
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

The moment you enter this elegant 2,823 square foot corner suite, you realize you have arrived somewhere special. The spacious inlaid marble floor entry opens to an enormous dining room with a sweeping west view, overlooking Lower Forest Hill Village and beyond. The bar area off the entertainment size living room serves equally as a card or games room. The fabulous chef's kitchen, equipped with Miele and Sub-Zero appliances is all one could ask for with its expansive centre island, sun filled breakfast room, and enough storage space to satisfy the most prolific cook. The split bedroom plan allows privacy for guests and is equally well suited for live-in help. The unit has a large laundry room with full sized Miele washer and dryer, and plenty of storage. There are pot lights throughout, battery operated sun-blinds on all the windows, and two separate furnaces and air-conditioning units for 2-zone control. This in-demand building is walking distance to Upper Canada College, Forest Hill Collegiate, the Village Shops and is just steps to TTC. There is 24-hour concierge service with valet parking included, and a car wash service is available for a small fee. Other amenities include a party/meeting room, an exercise room and a lovely private garden for enjoying the outdoors. This fabulous home will not disappoint.

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Key Features

Bedrooms
2
Bathrooms
3
Kitchens
1
Living Area
2750-2999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date6/26/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$10,670.33

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Separate Heating Controls, Separate Hydro Meter

Security Features

Concierge/Security

Community Features

Location

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500 Avenue Road, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 500 Avenue Road 1201, Toronto, ON M4V 2J6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$579,600 (20.0%)
* Minimum Canadian down payment required for this price is $579,600.
Amortization Period25 Years
Estimated Monthly Payment$13,816Based on a loan of $2,318,400 over 25 years.
Purchase Price$2,898,000
Loan Amount$2,318,400
Provincial Land Transfer Tax:$58,925
Toronto Municipal Land Transfer Tax:$58,925
Total Estimated Closing Taxes:$117,850

About Purchasing a Home in Toronto, ON

For a property listed at $2,898,000 in Toronto, the legal minimum down payment is $579,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $58,925 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $58,925 also applies, bringing the total estimated land transfer taxes to $117,850.

Nearby Listings

Distance:

No current listings found in Toronto.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Casa Loma, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$2,955,780

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Holy Rosary
Public354 St. Clair Avenue West, Toronto, Ontario, M5P 2Y1
8.6
Hillcrest
Public44 Hilton Avenue, Toronto, Ontario, M5R 3E6
7.8
Cottingham
PublicCottingham Street, Toronto, Ontario, M4V 1E3
10.0
Forest Hill
PublicToronto, Ontario, M5P 2W8
8.3
Huron Street
Public541 Huron Street, Toronto, Ontario, M5R 2R6
5.8

Secondary Schools

Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.