MLS® listing
562 Eglinton Avenue E 401: condo apartment for sale
$569,999
From the listing brokerage
Condo Living in the Heart of Midtown! Welcome to this spacious 1,123 sq. ft. two-bedroom, two-bathroom penthouse in an intimate four-storey boutique building. With soaring 10-foot ceilings, generous principal rooms and an abundance of storage. This is condo living without compromising on space. At $508/ square foot - it is one of the best values in mid-town Toronto. The well-designed layout offers two comfortable bedrooms, two full bathrooms and an ensuite laundry, making it ideal for professionals, downsizers or anyone looking for the convenience of condo living with room to breathe. One parking space is included. Bedroom 2 is currently used as an office/tv room. Barn door slides closed for privacy. Step outside and enjoy a vibrant Midtown neighbourhood where so much is within walking distance. Stroll to restaurants, cafés, shops, schools and parks, with the Eglinton LRT at your doorstep, Yonge & Eglinton subway and amenities just minutes away, and Sunnybrook Hospital close by.Residents also enjoy a party room, exercise room and visitor parking. This oversized condo in a boutique building is in a fabulous walkable Midtown location. A rare opportunity to enjoy space, convenience and an exceptional urban lifestyle. Don't take my word for it - come see for yourself!
Facts on the listing
| Square feet | 1000-1199 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $1,764 |
| Property tax | $3,676 |
| Tax year | 2026 |
| Locker | None |
| Pets | Yes-with Restrictions |
| Exposure | South |
| Fee includes | Heat Included, Water Included, CAC Included, Building Insurance Included, Parking Included, Common Elements Included |
| Balcony | None |
| Laundry | In-Suite Laundry |
| Interior features | None |
| Floor | 4 |
Listing courtesy of ROYAL LEPAGE TERREQUITY SEYMOUR REAL ESTATE. MLS® C13875004.
About this condo apartment
562 Eglinton Avenue E 401 is a 2 bedroom condo apartment in TRREB's Mount Pleasant East community in Toronto, listed for sale at $569,999. The listing shows 2 bathrooms and 1000-1199 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 Bayview/ Eglinton Ave E.
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 562 Eglinton Avenue E 401
At the asking price of $569,999, 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 | $569,999 |
|---|---|
| Ontario land transfer tax | $7,875 |
| Toronto municipal land transfer tax | $7,875 |
| Both taxes | $15,750 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $32,000 |
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 | $1,764 a month |
|---|---|
| Property tax (2026) | $3,676 a year, about $306 a month |
| Fee and tax together | about $2,071 a month |
The listing says the maintenance fee includes heat, water, cac, building insurance, parking and common elements. 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.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $569,999, which is $19,999 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- 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.
- 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".
- Confirm the parking and locker. The listing shows 1 parking space. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. The listing has a virtual tour, but 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.
About Mount Pleasant East
A neighbourhood of semi-detached and detached houses between Mount Pleasant Road and Bayview Avenue, with Line 5 Eglinton stations at both ends of its stretch of Eglinton Avenue East. From April to June 2026 the median sale across all property types was $1,382,500 (TRREB).
Transit: Line 5 Eglinton at Mount Pleasant station (Eglinton Avenue East and Mount Pleasant Road) and Leaside station (Eglinton Avenue East and Bayview Avenue). Line 1 at Davisville station on Yonge Street. TTC buses 74 Mount Pleasant, 103 Mount Pleasant North, 34 Eglinton, 11 Bayview and 28 Bayview South
| Property type | Median | Sales and average |
|---|---|---|
| All property types | Median $1,382,500 | 68 sales, average $1,523,642 |
| Detached | About $1,949,000 | 24 sales, average about $2,067,000 |
| Semi-detached | About $1,332,000 | 32 sales, average about $1,343,000 |
| Condo townhouse | About $1,355,000 | 4 sales, average about $1,334,000 |
| Condo apartment | About $699,000 | 8 sales, average about $712,000 |
Source: TRREB community housing market reports, as set out in the guide.
Questions about Mount Pleasant East
Is Mount Pleasant East a good place to live?
That depends on the home you need and how you travel. Most sales here are semi-detached and detached houses, with a semi-detached median of about $1,332,000 from April to June 2026 (TRREB). Line 5 Eglinton stops at Mount Pleasant and Leaside stations. The area also has a public library branch and a City community centre.
How much does a house cost in Mount Pleasant East?
From April to June 2026 TRREB recorded 32 semi-detached sales with a median of about $1,332,000 and 24 detached sales with a median of about $1,949,000. The median across all 68 sales was $1,382,500.
Is Mount Pleasant East on the subway?
Line 5 Eglinton runs along Eglinton Avenue East, with Mount Pleasant station at Mount Pleasant Road and Leaside station at Bayview Avenue. Mount Pleasant station is one stop east of Eglinton station, where Line 5 meets Line 1 (TTC).
Are there condos in Mount Pleasant East?
Some. TRREB recorded 8 condo apartment sales from April to June 2026 with a median of about $699,000, plus 4 condo townhouse sales. In the 2021 Census 30.1% of private dwellings in the City's Mount Pleasant East profile were in apartment buildings of five or more storeys.
Read the Mount Pleasant East neighbourhood guide · All Mount Pleasant East homes for sale
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Questions about 562 Eglinton Avenue E 401
How much is land transfer tax on 562 Eglinton Avenue E 401?
At the asking price of $569,999 the Ontario tax is $7,875 and the Toronto tax is $7,875, $15,750 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 562 Eglinton Avenue E 401?
$32,000 at the asking price of $569,999, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 562 Eglinton Avenue E 401?
The listing shows $1,764 a month, including heat, water, cac, building insurance, parking and common elements. Check the current fee in the status certificate.
How much is the property tax on 562 Eglinton Avenue E 401?
The listing shows $3,676 a year for 2026, about $306 a month.
Is 562 Eglinton Avenue E 401 priced above or below the median?
It is listed at $569,999. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $19,999 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 562 Eglinton Avenue E 401?
Use the form on this page or call us. Quote MLS® C13875004. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 562 Eglinton Avenue E 401 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.
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