MLS® listing
1028 Mcnicoll Avenue 1006: leasehold condo for sale
$329,990
From the listing brokerage
Welcome to comfortable, maintenance-free living in this premier Life Lease community at 1028 McNicoll Ave! This cozy and efficient studio unit is exclusively designed for residents aged 55 and older under a secure Life Lease ownership model, offering a peaceful, independent, and vibrant neighborhood atmosphere. Residents enjoy an array of exceptional building amenities tailored for active and comfortable mature living, including a grand lobby, an exercise room, a library, a games and meeting room, guest suites, and active community programs with meal and cafeteria services. Ideally located close to public transit, shopping, parks, and medical services, this supportive Life Lease community provides an ideal setting for anyone looking to downsize into a convenient and well-connected home.
Facts on the listing
| Square feet | 0-499 |
|---|---|
| Style | Bachelor/Studio |
| Basement | None |
| Parking spaces | 0 |
| Garage | None |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $664 |
| Property tax | $1,221 |
| Tax year | 2025 |
| Locker | None |
| Pets | No |
| Exposure | North |
| Fee includes | Heat Included, Water Included, Common Elements Included, Building Insurance Included |
| Balcony | None |
| Laundry | Ensuite |
| Interior features | Accessory Apartment |
| Floor | 10 |
Listing courtesy of FIRST CLASS REALTY INC.. MLS® E13841034.
About this leasehold condo
1028 Mcnicoll Avenue 1006 is a leasehold condo in TRREB's Steeles community in Toronto, listed for sale at $329,990. The listing shows 1 bathroom and 0-499 square feet. The style is given as bachelor/studio. The unit faces north. The listing shows no parking space. The nearest main intersection given is Victoria Park / McNicoll Ave.
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 1028 Mcnicoll Avenue 1006
At the asking price of $329,990, 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 | $329,990 |
|---|---|
| Ontario land transfer tax | $3,425 |
| Toronto municipal land transfer tax | $3,425 |
| Both taxes | $6,850 |
| First-time buyer relief, if you qualify | up to $6,850 |
| Minimum down payment | $16,500 |
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 | $664 a month |
|---|---|
| Property tax (2025) | $1,221 a year, about $102 a month |
| Fee and tax together | about $766 a month |
The listing says the maintenance fee includes heat, 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.
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 "No".
- Confirm the parking and locker. Ask whether a space or a locker comes with the unit and whether one can be rented in the building.
- 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
$2,048,000817 Millwood Road, Toronto, ON M4G 1W33 bedrooms · 3 bathrooms · DetachedListed by ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM. MLS® C13857122
$999,000249 Queensdale Avenue, Toronto, ON M4C 2B33 bedrooms · 2 bathrooms · Semi-DetachedListed by REAL ESTATE HOMEWARD. MLS® E13853860
$2,348,00015 Bell Royal Court, Toronto, ON M9A 4G74 bedrooms · 3 bathrooms · DetachedListed by RE/MAX PROFESSIONALS INC.. MLS® W13845918
$698,00057 Cheetah Crescent, Toronto, ON M1B 6J83 bedrooms · 3 bathrooms · Att/Row/TownhouseListed by ROYAL LEPAGE SIGNATURE REALTY. MLS® E13875192
$2,880,00018 Hillcroft Drive, Toronto, ON M9B 4X55 bedrooms · 6 bathrooms · DetachedListed by RE/MAX PROFESSIONALS INC.. MLS® W13856084
$1,998,000256 Erskine Avenue, Toronto, ON M4P 1Z43 bedrooms · 3 bathrooms · DetachedListed by RE/MAX WEST REALTY INC.. MLS® C13875188
Questions about 1028 Mcnicoll Avenue 1006
How much is land transfer tax on 1028 Mcnicoll Avenue 1006?
At the asking price of $329,990 the Ontario tax is $3,425 and the Toronto tax is $3,425, $6,850 in total. A first-time buyer who qualifies can get up to $6,850 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 1028 Mcnicoll Avenue 1006?
$16,500 at the asking price of $329,990, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 1028 Mcnicoll Avenue 1006?
The listing shows $664 a month, including heat, water, common elements and building insurance. Check the current fee in the status certificate.
How much is the property tax on 1028 Mcnicoll Avenue 1006?
The listing shows $1,221 a year for 2025, about $102 a month.
How do I book a showing for 1028 Mcnicoll Avenue 1006?
Use the form on this page or call us. Quote MLS® E13841034. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 1028 Mcnicoll Avenue 1006 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.