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New6 days ago

428 - 2 Old Mill Drive

High Park-Swansea, Toronto

$699,000

Condo Apartment |
1 + 1 | 1 | 2 | 0
About this home

Welcome to this exceptional, oversized 1-bedroom plus den suite, masterfully designed to offer superior square footage, flow, and functional living compared to standard layouts. The open-concept interior transitions effortlessly toward a tranquil, north-facing view overlooking a charming, tree-lined residential neighborhood. Situated in a highly coveted enclave, you are just steps from the subway and the vibrant boutique shops, cafes, and dining of Bloor West Village. This luxury building offers an elevated lifestyle with hotel-inspired amenities, including a 24-hour concierge, indoor pool, steam room, private dining room, theater, party room, and a stunning rooftop terrace. RARE BONUS: Includes TWO dedicated parking spaces! A total rarity for a 1+den-use both, or keep one and rent the second for extra income to help cover monthly fees. Unmatched versatility and long-term resale value! An incredible opportunity to invest in a refined urban sanctuary in one of the city's premier neighborhoods.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size600-699 sq. ft.
Maintenance Fees$852
LockerNone
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$3,537
mls© NumberW13617256
Listed ByHOMELIFE/MIRACLE REALTY LTD
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,578
Property tax
$295
Heat allowance
$150
Condo fees, half counted
$426
Housing costs
$4,448 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $139,800
25-yr amortization

Income needed

$137,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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