MLS® listing
1 Cole Street 504: condo apartment for sale
$499,999
From the listing brokerage
Welcome to Unit 504 at 1 Cole Street-a rare SkyPark Sanctuary where high-design eco-luxury meets your own private urban oasis. Developed by the renowned Daniels Corporation, this bright, LEED Gold certified 1-bedroom suite offers 609 sq. ft. of highly efficient, open-concept living space. The layout features floor-to-ceiling windows that flood the home with natural light, showcasing a modern kitchen equipped with premium granite countertops, stainless steel appliances, a breakfast bar, and ample cabinetry. The generous bedroom offers plenty of closet space and bright natural light. The absolute crown jewel of this suite is the massive, rare 138 sq. ft. private balcony. Serving as a seamless outdoor extension of your living room, it offers a peaceful, tree-lined view looking directly over One Cole's award-winning, 20,000 sq. ft. elevated private SkyPark. Residents enjoy an unmatched selection of amenities, including a 24-hour concierge, a fully equipped fitness centre, a party room, a resident lounge, communal BBQs, guest suites, visitor parking, and exclusive access to reserve your own community garden plot. Added convenience comes with a dedicated parking space, a storage locker, a secure indoor bike rack, and direct access to ground-floor retail like FreshCo, RBC, and Tim Hortons. Ideally situated just steps from the 505 Dundas Streetcar, restaurants, parks, the Distillery District, St. Lawrence Market, and the downtown core, this thoughtfully designed home checks every single box for effortless city living.
Facts on the listing
| Square feet | 600-699 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $621 |
| Property tax | $2,555 |
| Tax year | 2026 |
| Locker | Exclusive |
| Pets | Yes-with Restrictions |
| Exposure | East |
| Fee includes | Parking Included, Water Included, Building Insurance Included, Common Elements Included |
| Balcony | Open |
| Laundry | Ensuite |
| Parking | Underground |
| Interior features | Carpet Free |
| Floor | 5 |
Listing courtesy of ROYAL LEPAGE ESTATE REALTY. MLS® C14028466.
About this condo apartment
1 Cole Street 504 is a 1 bedroom condo apartment in TRREB's Regent Park community in Toronto, listed for sale at $499,999. The listing shows 1 bathroom and 600-699 square feet. The style is given as apartment. The unit faces east. It comes with 1 parking space, an underground garage and a locker (exclusive) according to the listing. The nearest main intersection given is Dundas and Parliament.
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 1 Cole Street 504
At the asking price of $499,999, 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 | $499,999 |
|---|---|
| Ontario land transfer tax | $6,475 |
| Toronto municipal land transfer tax | $6,475 |
| Both taxes | $12,950 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $25,000 |
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 | $621 a month |
|---|---|
| Property tax (2026) | $2,555 a year, about $213 a month |
| Fee and tax together | about $834 a month |
The listing says the maintenance fee includes parking, water, building insurance 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 $499,999, which is $50,001 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
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Questions about 1 Cole Street 504
How much is land transfer tax on 1 Cole Street 504?
At the asking price of $499,999 the Ontario tax is $6,475 and the Toronto tax is $6,475, $12,950 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 1 Cole Street 504?
$25,000 at the asking price of $499,999, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 1 Cole Street 504?
The listing shows $621 a month, including parking, water, building insurance and common elements. Check the current fee in the status certificate.
How much is the property tax on 1 Cole Street 504?
The listing shows $2,555 a year for 2026, about $213 a month.
Is 1 Cole Street 504 priced above or below the median?
It is listed at $499,999. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $50,001 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 1 Cole Street 504?
Use the form on this page or call us. Quote MLS® C14028466. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 1 Cole Street 504 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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