Condo for sale at 501-7 Bishop Avenue, Toronto, Ontario, M2M 4J4 - Newtonbrook East - MLS: C12996326

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501-7 Bishop Avenue

Toronto, Ontario, M2M 4J4 - Newtonbrook East

$650,000

Neighbourhood

Newtonbrook East
Major Intersection

Yonge/Finch

Listed Since: 17 day(s)
Last update: today

Overview

Property Type

Condo Apt, 1 Storey/Apt
Bedrooms

2 + 1
Bathrooms

2
Square Feet

1200-1399
Exposure

South West
Total Parking

2 Underground Garage
Maintenance

$1,196
Taxes

$2,842.91 (2025)
Balcony

Terr

Property Description

Property description for 501-7 Bishop Avenue, Toronto

Welcome to this newly renovated condo offering the perfect blend of comfort, style, and convenience in the heart of North York! This bright and airy condo features 2+1 bedrooms, and 2 bathrooms, with spacious living and dining areas, ideal for both relaxing and entertaining. Large windows and pot lights fill the space with plenty of light, creating a warm and inviting atmosphere throughout. Enjoy the convenience of ensuite laundry and 24-hour concierge. Included in this move-in ready condo are 2 storage lockers, and 2 parking spots in the condominium's underground parking garage. Additional amenities this condominium has to offer include a fitness center, sauna, squash/racquet court, indoor pool, visitor parking, and much more. Direct underground access to Finch Subway Station and conveniently located near Yonge Street shopping, dining, public transportation, and parks- this condo is ideal for commuters and those seeking vibrant city living with neighborhood charm! Don't miss this opportunity to own a move-in-ready condo in a highly desirable location!

Listed by KELLER WILLIAMS REFERRED URBAN REALTY

Property details

MLS #

C12996326
Sq. Ft

1200-1399
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 2 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

N
Laundry Level

n/a
Building Amenities

Visitor Parking,Indoor Pool,Party/Meeting Room,Rooftop Deck/Garden,Gym
Maintenance Fee Includes

Heat, Hydro, Water
Property Management

Maple Ridge Community Management
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12996326
Sq. Ft

1200-1399
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 2 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

N
Laundry Level

n/a
Building Amenities

Visitor Parking,Indoor Pool,Party/Meeting Room,Rooftop Deck/Garden,Gym
Maintenance Fee Includes

Heat, Hydro, Water
Property Management

Maple Ridge Community Management
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

5.65 x 5.12 ft Flat level

Window, Laminate, Combined W/Dining
Dining

5.65 x 5.12 ft Flat level

Window, Laminate, Combined W/Living
Kitchen

3.2 x 2.58 ft Flat level

Tile Floor, Backsplash, Granite Counter
Primary

5.0 x 3.0 ft Flat level

Laminate, Double Closet, Window
2nd Br

4.0 x 3.3 ft Flat level

Laminate, Closet, Window
Den

3.0 x 2.0 ft Flat level

Laminate

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Condo Apt in Newtonbrook East

Active listings

Average Selling Price of a Condo Apt

March 2026

$535,083

Last 3 Months

$603,836

Last 12 Months

$577,196

March 2025

$625,500

Last 3 Months LY

$587,144

Last 12 Months LY

$642,882

Change

-14%

Change

-10%

Historical Average Selling Price of a Condo Apt in Newtonbrook East

Average Selling Price

3 years ago

$630,717

Average Selling Price

5 years ago

$686,750

Average Selling Price

10 years ago

$365,681

Change

-15%

Change

-22%

Change

46%

Number of Condo Apt Sold

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

50%

Change

-20%

Change

-37%

How many days Condo Apt takes to sell (DOM)

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

45%

Change

32%

Change

41%

Average Selling price

Inventory Graph

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.