MLS® listing
2 Old Mill Drive 505: condo apartment for sale
$518,000
From the listing brokerage
Welcome to this Elegant Tridel-Built 1-Bedroom Suite in the Prestigious Old Mill Community! Featuring 9-Ft Ceilings, Floor-to-Ceiling Windows, and Quality Finishes Throughout, This Bright and Well-Designed Residence Offers a Comfortable and Sophisticated Living Space. The Modern Kitchen Features Stainless Steel Appliances, Granite Countertops, Breakfast Bar, and Stylish Ceramic Tile Backsplash. The Well-Appointed Bathroom Showcases Premium Porcelain Tile, Marble Countertop, and Upscale Fixtures. Includes 1 Parking Space and 1 Locker for Added Convenience. Enjoy an Exceptional Building with an Impressive Selection of Amenities. Ideally Located Just Steps to Old Mill Subway Station, Bloor West Village, the Humber River, Scenic Walking & Cycling Trails, Shops, Restaurants, and More. Experience the Perfect Combination of Luxury, Convenience, and Nature in One of Toronto's Most Desirable Neighbourhoods! Property is virtually staged.
Facts on the listing
| Square feet | 500-599 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Rooms | 4 |
| Maintenance fee | $759 |
| Property tax | $3,108 |
| Tax year | 2026 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | East |
| Fee includes | Common Elements Included, Building Insurance Included, Water Included |
| Building amenities | Concierge, Exercise Room, Guest Suites, Indoor Pool, Party Room/Meeting Room, Sauna |
| Balcony | Open |
| Laundry | Ensuite |
| Parking | Underground |
| Interior features | Carpet Free |
| Features | Library, Park, Public Transit, Ravine |
| Floor | 5 |
Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS® W13775206.
About this condo apartment
2 Old Mill Drive 505 is a 1 bedroom condo apartment in TRREB's High Park-Swansea community in Toronto, listed for sale at $518,000. The listing shows 1 bathroom and 500-599 square feet. The style is given as apartment. The unit faces east. It comes with 1 parking space, an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Bloor/Old Mill.
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 sauna.
What it costs to buy 2 Old Mill Drive 505
At the asking price of $518,000, 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 | $518,000 |
|---|---|
| Ontario land transfer tax | $6,835 |
| Toronto municipal land transfer tax | $6,835 |
| Both taxes | $13,670 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $26,800 |
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 | $759 a month |
|---|---|
| Property tax (2026) | $3,108 a year, about $259 a month |
| Fee and tax together | about $1,018 a month |
The listing says the maintenance fee includes common elements, building insurance and water. 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 $518,000, which is $32,000 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.
About High Park
Two TRREB communities on either side of Bloor Street West, sharing one very large park and four Line 2 subway stations. Houses and condo apartments trade here in roughly equal numbers.
Transit: Line 2 Bloor Danforth at High Park, Keele, Runnymede and Dundas West stations; 30 High Park North and 80 Queensway buses; Bloor GO (Kitchener line and UP Express) near Dundas West station
| Property type | Median | Sales and average |
|---|---|---|
| High Park-Swansea: all property types | $1,175,000 | 81 sales, average $1,283,066 |
| High Park-Swansea: detached | About $1,879,000 | 36 sales, average about $1,936,000 |
| High Park-Swansea: semi-detached | About $1,499,000 | 3 sales, average about $1,389,000 |
| High Park-Swansea: condo apartment | About $614,000 | 32 sales, average about $733,000 |
| High Park North: all property types | $1,345,500 | 46 sales, average $1,370,457 |
| High Park North: detached | About $1,790,000 | 13 sales, average about $2,035,000 |
| High Park North: semi-detached | About $1,615,000 | 11 sales, average about $1,679,000 |
| High Park North: condo apartment | About $810,000 | 21 sales, average about $803,000 |
Source: TRREB community housing market reports, as set out in the guide.
Questions about High Park
Is High Park a good place to live?
On housing and transit it offers a wide choice. Buyers can pick between detached houses with an April to June 2026 median of about $1,879,000 in High Park-Swansea and condo apartments near $614,000, with four Line 2 stations, a large City park and four library branches close by (TRREB, TTC, City of Toronto, TPL).
What does a detached house cost near High Park?
From April to June 2026 the detached median was about $1,879,000 across 36 sales in High Park-Swansea and about $1,790,000 across 13 sales in High Park North (TRREB). These are chart readings, so treat them as approximate.
Are there many condos in High Park?
Yes, especially north of Bloor. In the 2021 Census 59.6% of households in High Park North lived in apartment buildings of five or more storeys. Across both TRREB communities 53 of the 127 sales from April to June 2026 were condo apartments.
Which subway stations serve High Park?
Line 2 Bloor Danforth stops at High Park, Keele, Runnymede and Dundas West stations. Dundas West also connects to Bloor GO, which serves the Kitchener line and UP Express (TTC).
How far is High Park from Union station by subway?
From High Park station it is 9 stops east on Line 2 to St George, then 6 stops south on Line 1 to Union, 15 stops in all (TTC map).
Is High Park a heritage conservation district?
The City of Toronto's list of heritage conservation districts does not include one for High Park or Swansea. Individual properties can still be listed or designated, so check the specific address with the City before planning changes.
Read the High Park neighbourhood guide · All High Park homes for sale
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Questions about 2 Old Mill Drive 505
How much is land transfer tax on 2 Old Mill Drive 505?
At the asking price of $518,000 the Ontario tax is $6,835 and the Toronto tax is $6,835, $13,670 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 2 Old Mill Drive 505?
$26,800 at the asking price of $518,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 2 Old Mill Drive 505?
The listing shows $759 a month, including common elements, building insurance and water. Check the current fee in the status certificate.
How much is the property tax on 2 Old Mill Drive 505?
The listing shows $3,108 a year for 2026, about $259 a month.
Is 2 Old Mill Drive 505 priced above or below the median?
It is listed at $518,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $32,000 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 2 Old Mill Drive 505?
Use the form on this page or call us. Quote MLS® W13775206. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 2 Old Mill Drive 505 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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