MLS® listing
111 Elizabeth Street 627: condo apartment for sale
$530,000
From the listing brokerage
Welcome to 111 Elizabeth Street, Suite 627! This beautifully renovated 1-bedroom suite offers a spacious layout, modern finishes and an unbeatable downtown location at Bay & Dundas. It features floor-to-ceiling windows, a private balcony, new laminate flooring with light oak finishing, fresh paint and updated lighting throughout. The renovated kitchen boasts sleek countertops, a contemporary backsplash, brand-new top-of-the-line appliances with 5-year warranties and a dedicated dining area. The exceptionally wide living room offers ample space for lounging, entertaining and working from home. Generously sized bedroom accommodates a queen bed and features his-and-hers closets. Updated 4-piece bathroom includes a modern vanity, LED-lit mirror with additional storage. Unit 627 comes with one owned underground parking and an oversized owned locker. Fantastic building amenities include a concierge, gym, indoor pool, party room and rooftop terrace. It is steps to Longo's, Canadian Tire, Eaton Centre, Toronto Metropolitan University, major hospitals, government buildings, City Hall, transit, restaurants, cafés and endless shopping and entertainment. An ideal opportunity for first-time buyers, professionals or investors seeking a turnkey home in the heart of the city!
Facts on the listing
| Square feet | 600-699 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Heat Pump |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $625 |
| Property tax | $3,000 |
| Tax year | 2026 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | North |
| Fee includes | Water Included, Common Elements Included, Building Insurance Included |
| Building amenities | Concierge, Exercise Room, Guest Suites, Indoor Pool, Party Room/Meeting Room, Rooftop Deck/Garden |
| Balcony | Open |
| Laundry | In-Suite Laundry |
| Parking | Underground |
| Interior features | Carpet Free |
| Floor | 5 |
Listing courtesy of RE/MAX ULTIMATE REALTY INC.. MLS® C13879826.
About this condo apartment
111 Elizabeth Street 627 is a 1 bedroom condo apartment in TRREB's Bay Street Corridor community in Toronto, listed for sale at $530,000. The listing shows 1 bathroom and 600-699 square feet. The style is given as apartment. The unit faces north. It comes with 1 parking space, an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Bay & Dundas.
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: concierge, exercise room, guest suites, indoor pool, party room/meeting room and rooftop deck/garden.
What it costs to buy 111 Elizabeth Street 627
At the asking price of $530,000, 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 | $530,000 |
|---|---|
| Ontario land transfer tax | $7,075 |
| Toronto municipal land transfer tax | $7,075 |
| Both taxes | $14,150 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $28,000 |
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 | $625 a month |
|---|---|
| Property tax (2026) | $3,000 a year, about $250 a month |
| Fee and tax together | about $875 a month |
The listing says the maintenance fee includes water, common elements and building insurance. 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 $530,000, which is $20,000 below 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 and a locker. 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. 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.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
Similar homes for sale in Toronto
$525,00020 John Street 922, Toronto, ON M5V 0G51 bedroom · 1 bathroom · Condo ApartmentListed by ROYAL LEPAGE SIGNATURE REALTY. MLS® C13217662
$359,0002772 Keele Street 601, Toronto, ON M3M 0A31 bedroom · 1 bathroom · Condo ApartmentListed by ROYAL LEPAGE SUPREME REALTY. MLS® W13880084
$399,90060 Heintzman Street 1030, Toronto, ON M6P 5A11 bedroom · 1 bathroom · Condo ApartmentListed by EXP REALTY. MLS® W13874438
$439,00019 Western Battery Road 3001, Toronto, ON M6K 0E31 bedroom · 1 bathroom · Condo ApartmentListed by HOMEPIN REALTY INC.. MLS® C13879980
$559,000909 Bay Street 905, Toronto, ON M5S 3G21 bedroom · 1 bathroom · Condo ApartmentListed by HOMELIFE CLASSIC REALTY INC.. MLS® C13879966
$419,900200 Sudbury Street 411, Toronto, ON M6H 0H11 bedroom · 1 bathroom · Condo ApartmentListed by ROYAL LEPAGE CERTIFIED REALTY. MLS® C13879964
Questions about 111 Elizabeth Street 627
How much is land transfer tax on 111 Elizabeth Street 627?
At the asking price of $530,000 the Ontario tax is $7,075 and the Toronto tax is $7,075, $14,150 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 111 Elizabeth Street 627?
$28,000 at the asking price of $530,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 111 Elizabeth Street 627?
The listing shows $625 a month, including water, common elements and building insurance. Check the current fee in the status certificate.
How much is the property tax on 111 Elizabeth Street 627?
The listing shows $3,000 a year for 2026, about $250 a month.
Is 111 Elizabeth Street 627 priced above or below the median?
It is listed at $530,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $20,000 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 111 Elizabeth Street 627?
Use the form on this page or call us. Quote MLS® C13879826. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 111 Elizabeth Street 627 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.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
REALTOR®, REALTORS® and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). MLS®, Multiple Listing Service® and the associated logos are trademarks owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.