581 Avenue Road, Toronto, ON

$479,500
MLS#:C12980030
2 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 1 Storey/Apt co-ownership apartment located in the coveted neighborhood of Yonge-St. Clair. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $479,500 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 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Storage Area Lockers
  • equipped with wall unit(s) central cooling and highly efficient water heating via gas

Description

Priced at half the price of a local condominium of similar size, this is your rare opportunity to own in Deer Park-one of Toronto's most prestigious neighbourhoods-just steps to Avenue Road and St. Clair and nearby to the Yonge and St Clair area with its abundance of restaurants, cafes and shopping. This spacious 2-bedroom, 2-bathroom suite offers exceptional value for this prime location, making it one of the most compelling entry points into a neighbourhood known for its elegance, convenience, and long-term desirability. Enjoy a refined urban lifestyle surrounded by boutique shops, cafés, top dining, parks, and transit-all within walking distance in this highly sought-after midtown enclave. The suite offers generous principal rooms and comfortable living space, ideal for downsizers, professionals, or buyers looking to secure a premier address at a more accessible price. Monthly carrying costs are straightforward and inclusive, with maintenance fees that include parking, providing simplicity and ease of ownership. Buyers who recognize location and long-term value will want to act. "Opportunities to enter Deer Park at this price level are rarely available-and rarely last." Board approval required (approx. 15 days). Mortgage available through Duca Credit Union.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 10, 2026
Sold price information is available to members only
Listed Date4/9/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCo-Ownership Apartment
Architectural Style1 Storey/Apt
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$3,408.3

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeWater
CoolingWall Unit(s)

Features

Property Features

Library, Park, Place Of Worship, Public Transit, School

Interior Features

Storage Area Lockers

Security Features

Security System, Smoke Detector

Community Features

Location

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581 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 581 Avenue Road 501, Toronto C02, ON M4V 2K4

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$23,975 (5.0%)
* Minimum Canadian down payment required for this price is $23,975.
Amortization Period25 Years
Estimated Monthly Payment$2,715Based on a loan of $455,525 over 25 years.
Purchase Price$479,500
Loan Amount$455,525
Provincial Land Transfer Tax:$6,065
Toronto Municipal Land Transfer Tax:$6,065
Total Estimated Closing Taxes:$12,130

About Purchasing a Home in Toronto, ON

For a property listed at $479,500 in Toronto, the legal minimum down payment is $23,975 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 $6,065 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,065 also applies, bringing the total estimated land transfer taxes to $12,130.

Nearby Listings

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No current listings found in Toronto.

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City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,165,459

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

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
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.