First-time buyer · Casa Loma · $799,000

Your first home doesn't have to be a one-bed compromise.

2 bedrooms, 2 bathrooms, ~861 sqft of hard loft with 14-ft ceilings — and the stuff that drains a first-time budget is already handled: parking spot with an owned EV charger, plus heat, water, and Fibe internet & TV included in the condo fees.

$799,0002 bed · 2 bath~861 sqft14-ft ceilingsParking + EVInternet in fees

The unit

Photo: main living space, 14-ft ceilings
Photo: kitchen
Photo: primary bed
Photo: 2nd bed / office
Photo: balcony — Casa Loma views

What it actually costs per month

Price$799,000
Down payment (5%)$39,950
Mortgage + insurance (4.59%*, 25 yr)$4,428/mo
Condo fees (heat, water, AC, internet + TV, parking)$884/mo
Property tax (2026)$314/mo
Hydro (only bill left)~$60/mo
Total monthly carry~$5,686/mo

*Rate assumption for illustration — confirm with your mortgage broker. 20% down: ~$4,807/mo. First-buyer programs (FHSA $8,000/yr tax-free, RRSP Home Buyers' Plan) can reduce the cash needed up front.

Why the $884 fee is a feature

Heat + water + air conditioningIncluded
Fibe internet + TV packageIncluded
Parking spot with owned EV chargerIncluded
Building insurance + common elementsIncluded

One predictable bill instead of four surprise ones. Hydro is the only utility you pay directly.

Common questions

Isn't a condo fee just wasted money?

Here it buys heat, water, AC, internet, TV, and a parking spot with EV charging — things you'd pay separately in a house or in most other condos. Compare all-in monthly cost, not the fee line.

What's the building like?

Madison Avenue Lofts (2009): a 6-storey, 211-unit hard-loft building — not a tower. 24-hour concierge, gym, sauna, rooftop deck with BBQs, media/party room, bike storage, visitor parking.

How's the location for getting around?

Walker's-paradise score of 94. Dupont subway is a ~7-minute walk; bus stop at the corner. George Brown's Casa Loma campus ~5 minutes, U of T ~20 on foot. Annex and Yorkville are the next blocks over.

Does the EV charger stay?

Yes — it's owned (not rented) and included, per the listing. Confirm details with the listing agent.

See it in person

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