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MLS® listing

525 Wilson Avenue 118: common element condo for sale

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$599,000

2 bedrooms, 1 bathroom, Common Element Condo · Clanton Park · near Wilson Ave/Allen Rd

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From the listing brokerage

Bright & Spacious 820 Sq. Ft. Ground Floor Suite Featuring Rare 9' Ceilings And A Large Private Terrace! Functional Open Concept Layout With A Versatile Den That Can Easily Serve As A Second Bedroom, Home Office Or Nursery. Modern Kitchen Overlooking The Living/Dining Area, Generous Principal Rooms And Excellent Natural Light Throughout. Updated Washer & Dryer (2023). Enjoy The Convenience Of Main Floor Living With No Elevator Required. Prime Location Steps To Wilson Subway Station, TTC, Parks, Shopping, Restaurants, Yorkdale Shopping Centre And Minutes To Hwy 401 & Allen Rd. Excellent Building Amenities. An Ideal Opportunity For First-Time Buyers, Downsizers Or Investors!

Facts on the listing

Square feet800-899
StyleApartment
BasementNone
Parking spaces1
GarageUnderground
HeatingForced Air
CoolingCentral Air
Kitchens1
Maintenance fee$631
Property tax$2,808
Tax year2026
LockerNone
PetsYes-with Restrictions
ExposureSouth
Fee includesHeat Included, Common Elements Included, Water Included, CAC Included, Building Insurance Included, Parking Included
Building amenitiesBike Storage, Community BBQ, Concierge, Exercise Room, Guest Suites, Gym
BalconyTerrace
LaundryIn-Suite Laundry
ParkingUnderground
Interior featuresCarpet Free, Primary Bedroom - Main Floor, Separate Heating Controls
Floor1

Listing courtesy of PROPERTY.CA INC.. MLS® C13788376.

About this common element condo

525 Wilson Avenue 118 is a 2 bedroom common element condo in TRREB's Clanton Park community in Toronto, listed for sale at $599,000. The listing shows 1 bathroom and 800-899 square feet. The style is given as apartment. The unit faces south. It comes with 1 parking space and an underground garage according to the listing. The nearest main intersection given is Wilson Ave/Allen Rd.

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.

Building amenities on the listing: bike storage, community bbq, concierge, exercise room, guest suites and gym.

What it costs to buy 525 Wilson Avenue 118

At the asking price of $599,000, 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$599,000
Ontario land transfer tax$8,455
Toronto municipal land transfer tax$8,455
Both taxes$16,910
First-time buyer relief, if you qualifyup to $8,475
Minimum down payment$34,900

The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. 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$631 a month
Property tax (2026)$2,808 a year, about $234 a month
Fee and tax togetherabout $865 a month

The listing says the maintenance fee includes heat, common elements, water, cac, building insurance and parking. 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 "Yes-with Restrictions".
  3. Confirm the parking and locker. The listing shows 1 parking space. 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

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Questions about 525 Wilson Avenue 118

How much is land transfer tax on 525 Wilson Avenue 118?

At the asking price of $599,000 the Ontario tax is $8,455 and the Toronto tax is $8,455, $16,910 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.

What is the minimum down payment for 525 Wilson Avenue 118?

$34,900 at the asking price of $599,000, under the federal minimum down payment rules. A lender may require more.

What is the maintenance fee at 525 Wilson Avenue 118?

The listing shows $631 a month, including heat, common elements, water, cac, building insurance and parking. Check the current fee in the status certificate.

How much is the property tax on 525 Wilson Avenue 118?

The listing shows $2,808 a year for 2026, about $234 a month.

How do I book a showing for 525 Wilson Avenue 118?

Use the form on this page or call us. Quote MLS® C13788376. We will confirm the listing is still available and arrange a time with the listing brokerage.

Is 525 Wilson Avenue 118 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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