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MLS® listing

581 Avenue Road 204: co-op apartment for sale

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$349,500

1 bedroom, 1 bathroom, Co-op Apartment · Yonge-St. Clair · near Avenue Rd and Heath St W

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From the listing brokerage

Your Stylish City Escape at Avenue & St. Clair! Looking for style, space, and the perfect neighbourhood vibe? This one-bedroom in a classic mid-century co-operative has it all and then some. From the moment you walk through the front doors, you'll notice the beautifully updated lobby, where original mid-century details meet a fresh, modern aesthetic. It's a welcoming first impression that sets the tone for the entire building. The location is unbeatable: morning lattes, boutique shopping, and dinner hotspots are just around the corner, with the TTC steps away to whisk you anywhere in the city. Perched on the second floor, this bright and spacious suite feels like a hidden gem. The living and dining area flows seamlessly onto a full-length balcony, perfect for cocktails at sunset or a little container garden. The oversized bedroom is a retreat of its own, with room for a king bed and more. Part of the appeal of co-op living is the strong sense of community. Residents here take pride in their building, creating a warm and welcoming atmosphere that truly feels like home. Whether you're looking for a stylish full-time residence or the ideal pied-à-terre, this is a place that blends easy living with timeless mid-century charm, right in the heart of the city. (Please note that maintenance fees include property taxes)

Facts on the listing

Square feet700-799
StyleApartment
BasementNone
Parking spaces1
GarageUnderground
HeatingRadiant
CoolingWall Unit(s)
Kitchens1
Maintenance fee$1,227
Property tax$2,272
Tax year2025
LockerExclusive
PetsNo
ExposureNorth
Fee includesBuilding Insurance Included, Common Elements Included, Condo Taxes Included, Cable TV Included, CAC Included, Heat Included, Parking Included, Water Included
BalconyOpen
LaundryCommon Area, Electric Dryer Hookup
Interior featuresStorage
Floor2

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM. MLS® C13557714.

About this co-op apartment

581 Avenue Road 204 is a 1 bedroom co-op apartment in TRREB's Yonge-St. Clair community in Toronto, listed for sale at $349,500. The listing shows 1 bathroom and 700-799 square feet. The style is given as apartment. The unit faces north. It comes with 1 parking space, an underground garage and a locker (exclusive) according to the listing. The nearest main intersection given is Avenue Rd and Heath St W.

These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.

What it costs to buy 581 Avenue Road 204

At the asking price of $349,500, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.

Asking price$349,500
Ontario land transfer tax$3,718
Toronto municipal land transfer tax$3,718
Both taxes$7,436
First-time buyer relief, if you qualifyup to $7,436
Minimum down payment$17,475

The down payment figure is the federal minimum: 5 percent of the price. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.

What it costs to own each month

Maintenance fee$1,227 a month
Property tax (2025)$2,272 a year, about $189 a month
Fee and tax togetherabout $1,416 a month

The listing says the maintenance fee includes building insurance, common elements, condo taxes, cable tv, cac, heat, parking and water. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.

What to check before you make an offer

  1. Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
  2. Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "No".
  3. Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
  4. Check the reserve fund study. Ask when the last study was done and what it says about contributions.
  5. Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
  6. See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.

Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.

Toronto neighbourhoods and prices

Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.

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Questions about 581 Avenue Road 204

How much is land transfer tax on 581 Avenue Road 204?

At the asking price of $349,500 the Ontario tax is $3,718 and the Toronto tax is $3,718, $7,436 in total. A first-time buyer who qualifies can get up to $7,436 back. Confirm the final figures with your lawyer.

What is the minimum down payment for 581 Avenue Road 204?

$17,475 at the asking price of $349,500, under the federal minimum down payment rules. A lender may require more.

What is the maintenance fee at 581 Avenue Road 204?

The listing shows $1,227 a month, including building insurance, common elements, condo taxes, cable tv, cac, heat, parking and water. Check the current fee in the status certificate.

How much is the property tax on 581 Avenue Road 204?

The listing shows $2,272 a year for 2025, about $189 a month.

How do I book a showing for 581 Avenue Road 204?

Use the form on this page or call us. Quote MLS® C13557714. We will confirm the listing is still available and arrange a time with the listing brokerage.

Is 581 Avenue Road 204 still for sale?

This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.

Ask about this home or book a showing

Send your details and we will get back to you about this listing. The address of this page, with its MLS® number, is sent with your message.

We reply to every message ourselves. Nothing here is legal, tax, mortgage or investment advice.

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