7 Bishop Avenue, Toronto, ON

$648,000
MLS#:C9380752
3 beds
2 baths
900-999 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This listing is no longer active (Sold)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 Apartment condo apartment located in the coveted neighborhood of Newtonbrook East. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $648,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 900-999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, Guest Accommodations
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

**Direct Access To Subway ** Welcome Home To This Gorgeous Renovated Unit In Luxurious Vogue Building In Highly Desirable Yonge & Finch Area. Sunny South Exposure. Very Spacious Primary Bedroom With Modern Double Doors, Large Windows, Ensuite Bath, Walk In Closet With Custom Built Shelves & Organizers. Bright Second Bedroom With Closet. Very Desirable Custom Kitchen With Lots Of Counterspace, Stainless Steel Appliances, Backsplash Custom Cabinetry With Lighting. Spacious Separate Area for Dining. Lots Of Upgrades. A Separate Storage Area With Custom Cabinets Within The Unit Plus A Separate Locker Downstairs. *Parking & Locker Included**All Utilities Included**24Hrs Concierge** Guest Suites ** Visitor Parking ** Theatre **Indoor Swimming Pool **Gym **Sauna **Squash **Badminton **Ping Pong ** Pool Table ** Party Room ** Kids Play Area ** Library ** BBQ ** Garden Area & More. Highly Desirable Central Yonge & Finch Location, With High Ranking Schools, Lots of Restaurants, Shopping, Library, Parks & More. Steps To T.T.C, G.O., Y.R.T, V.I.V.A, Groceries. Minutes To 401, Malls & More.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 8, 2024
Sold price information is available to members only
Listed Date10/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$2,281.77

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Library, Park, Public Transit, Rec./Commun.Centre, School

Interior Features

Auto Garage Door Remote, Carpet Free, Guest Accommodations, Sauna

Security Features

Concierge/Security

Community Features

Location

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7 Bishop Avenue, 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 7 Bishop Avenue 418, Toronto C14, ON M2M 4J4

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$39,800 (6.1%)
* Minimum Canadian down payment required for this price is $39,800.
Amortization Period25 Years
Estimated Monthly Payment$3,624Based on a loan of $608,200 over 25 years.
Purchase Price$648,000
Loan Amount$608,200
Provincial Land Transfer Tax:$9,435
Toronto Municipal Land Transfer Tax:$9,435
Total Estimated Closing Taxes:$18,870

About Purchasing a Home in Toronto, ON

For a property listed at $648,000 in Toronto, the legal minimum down payment is $39,800 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 $9,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,435 also applies, bringing the total estimated land transfer taxes to $18,870.

Nearby Listings

Distance:

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 Newtonbrook East, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,262,187

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 Paschal Baylon
Public15 St Paschal Court, Toronto, Ontario, M2M 1X6
7.2
St Antoine Daniel
Public160 Finch Avenue West, North York, Toronto, Ontario, M2N 2J2
5.8
Earl Haig
Public100 Princess Avenue, North York, Toronto, Ontario, M2N 3R7
6.9
St Gabriel
Public396 Spring Garden Avenue, North York, Toronto, Ontario, M2N 3H5
5.4
St Matthias
Public101 Van Horne Avenue, Toronto, Ontario, M2J 2S8
6.2

Secondary Schools

Monseigneur-de-Charbonnel
Public110 Drewry Avenue, North York, Toronto, Ontario, M2M 1C8
6.2
Newtonbrook
Public155 Hilda Avenue, Toronto, Ontario, M2M 1V6
5.9
Brebeuf
Public211 Steeles Avenue East, Toronto, Ontario, M2M 3Y6
6.2
Lester B Pearson
Public7 Snowcrest Avenue, Toronto, Ontario, M2K 2K5
5.1
Earl Haig
Public100 Princess Avenue, North York, Toronto, Ontario, M2N 3R7
8.9

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.