281 Mutual Street, Toronto, ON

$1,245,000
MLS#:C12569496
3 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $1,245,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Separate Heating Controls, Bar Fridge
  • equipped with central air central cooling and highly efficient heat pump heating via electric

Description

This convenient, recently renovated and centrally located condo, 2+1 bedroom, 2 bathroom, 1,184 square-foot escape is waiting for you! As you step inside this rare layout, it instantly feels like home with its warm, earth-tone vibes that complement views of the city core to the south and parks and lake to the east. The open-concept chef's kitchen and adjacent living area are integrated for casual entertaining while being bathed in natural light with floor-to-ceiling (9') windows with integrated solar blinds. At night, the spectacular southwest corner delivers a view of the city lights at a distance that maintains a sense of privacy that is almost unmatched. The kitchen features thoughtful custom cabinetry with extra storage, premium appliances (a gas range with double ovens and a fridge with an icemaker), and Dekton countertops, complemented by a textured ceramic backsplash with LED underlighting. Extend the cooking to the outdoors with a gas line hook-up for the BBQ, while you take in the east view of Allen Gardens out to the Scarborough Bluffs. Back inside, the den makes for a perfect dining room with a custom-built-in bar, further enhancing the great hosting experience this condo offers. Enjoy heated white oak flooring throughout, further adding to the comfort and coziness of this soft, loft-like condo with exposed concrete ceilings. The primary bedroom has south exposure with individual climate control, and a 3-piece ensuite, while the second bedroom has south and west exposure, a large closet, and a custom-built-in Murphy bed and cabinets with hidden power and technology storage. The suite comes with parking, two owned bike parking and a locker, and has access to the condo gym, visitor parking, party room, guest suites, and 24-hour concierge. Steps from the old Maple Leaf Gardens, TTC Subway and Streetcar, home to TMU Athletic Centre and Loblaws, the Village, and a short walk to Yonge and Dundas, St. Lawrence Market, or Yorkville. Don't miss this rare gem.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 20, 2026
Sold price information is available to members only
Listed Date11/22/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$5,309

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Interior Features

Separate Heating Controls, Bar Fridge

Security Features

Community Features

Location

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281 Mutual Street, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 281 Mutual Street 2502, Toronto C08, ON M4Y 3C4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$249,000 (20.0%)
* Minimum Canadian down payment required for this price is $249,000.
Amortization Period25 Years
Estimated Monthly Payment$5,935Based on a loan of $996,000 over 25 years.
Purchase Price$1,245,000
Loan Amount$996,000
Provincial Land Transfer Tax:$21,375
Toronto Municipal Land Transfer Tax:$21,375
Total Estimated Closing Taxes:$42,750

About Purchasing a Home in Toronto, ON

For a property listed at $1,245,000 in Toronto, the legal minimum down payment is $249,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $21,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $21,375 also applies, bringing the total estimated land transfer taxes to $42,750.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,168,484

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.