Was listed for:Expired Mar 15, 2026
$495,000

Unit 501, 581 Avenue Rd

Toronto (Yonge-St. Clair), ON M4V 2K4

Co-op Apartment ExpiredNot available
Avenheath Apartments exteriorAvenheath Apartments11 storeys, 55 suites, built 1961

This listing has ended. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for Unit 501, 581 Avenue Rd, Toronto, Yonge-St. Clair

2025-12-08
2026-03-15
Expired
Price
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MLS#
c12616236

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 501, 581 Avenue Rd, Toronto, Yonge-St. Clair

Summarized Description

  • Spacious 2-bedroom, 2-bathroom suite in Deer Park.
  • Unbeatable value compared to nearby properties.
  • Monthly fees cover maintenance, taxes, and utilities.
  • Exclusive parking included in monthly fees.
  • Prime location near dining, shopping, and transit.
  • Affordable entry cost for prestigious neighborhood.
  • Buyer must be Board approved for purchase.

This is an exceptional opportunity. There has not been a single unit in the building sold at this price since 2017! Discover an exceptional opportunity to own a spacious 2-bedroom, 2-bathroom suite in one of Toronto's most prestigious and vibrant neighbourhoods Deer Park. This inviting co-op residence offers unbeatable value, allowing buyers to secure a coveted address at a bargain price compared to nearby condos and houses. Priced well below market to reflect the monthly maintenance fees. Monthly fee includes everything: approximately $1,300 for core maintenance, plus property taxes, exclusive use parking, cable and high speed internet already bundled, for a total of about $1,700/month, so owners avoid paying these common expenses separately as in a typical condo.. This presents a rare opportunity to own in a superb location at an affordable entry cost with the price offsetting the elevated fees. Don't miss this opportunity! Enjoy a seamless urban lifestyle just steps from Yonge & St. Clair's top-tier dining, shopping, transit, and abundant green spaces. Whether relaxing in elegant living spaces or exploring the dynamic local scene, this home combines comfort and convenience in an exclusive setting. Enjoy city living at its finest don't miss your chance to move in and make it yours....Note, buyer must be Board approved - allow15 days.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,408
Land Transfer Tax Fee
$12,750

Condo/Maintenance Fee

Maintenance Fee
$1,760 /month

Included In Maintenance Fee

  • Heat Included
  • Common Elements Included
  • Building Insurance Included
  • Water Included
  • Parking Included
  • Cable TV Included

Basement Type
None

Interior Features

Pets Permitted
No
Laundry Features
Coin Operated, Common Area
Laundry Level
Main Level
Interior Extras
Carpet Free
Fireplace/Stove
No
Elevator
Yes

Exterior Features

Balcony
Open

Building

Building Type
Co-op Apartment
Building Style
Apartment
Building Name
Avenheath Apartments Limited
Approx Age
51-99
Condo Corp Number
0

Construction

Exposure
South
Exterior Finish
Brick
Special Designation
Unknown

Parking & Garages

Garage Type
Underground
Garage Spaces
0
Parking Type
Exclusive
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
Ensuite
Locker Number
MA1

Heating & Cooling

Heat Source
Gas
Heat Type
Water
Air Conditioning
Window Unit(s)

Bedrooms
2
Washrooms
2
Kitchens
1

Room sizes

  • Living Room—
    Flat level, W/O To Balcony, Parquet, Open Concept
  • Dining Room—
    Flat level, Large Window, Open Concept, Parquet
  • Kitchen—
    Flat level, Stainless Steel Appl, Pantry, Updated
  • Primary Bedroom—
    Flat level, 3 Pc Ensuite, Double Closet, Large Window
  • Bedroom 2—
    Flat level, Large Window, Parquet

Washrooms

  • 3-piece, Flat

Municipality
Toronto
Neighbourhood
Yonge-St. Clair
Main cross streets
Avenue Rd and Heath St.
Zoning
R(d2*833)
Directions
North east corner of Avenue RD at Heath St. just north of St. Clair

MLS® number
C12616236
Data source
Toronto Regional Real Estate Board
Status change
2026-03-15
Listed on
2025-12-08
Days on market
97 days
Possession date
2025-12-19
Possession type
Immediate
Co-op commission
2.5%
Seller
Listed by
RE/MAX REALTRON REALTY INC.

Home Market Value

Current home valuation for Unit 501, 581 Avenue Rd, Toronto, Yonge-St. Clair, Toronto, ON. Listed for $495,000

HOMEH Estimate

?

$473,436

Estimated Sales Range

?

$374,014 - $572,858

HOMEH Estimate for Unit 501, 581 Avenue Rd, Toronto, Yonge-St. Clair

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$473,436Medium confidence
Based on 15 comparable properties
+ $21,564 (5%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Toronto, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$24,750

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$18,810$13,811$11,781$0
=Total mortgage
$489,060$459,311$432,531$396,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,388monthly$2,243monthly$2,112monthly$1,933monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$6,375

Municipal (Toronto)

$6,375

Total Land Transfer Tax

$12,750

Around this home

7/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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