Absolutely turnkey. This fully renovated 1 bed + den at 1 Balmoral Avenue delivers move-in-ready polish in one of Toronto's best locations. The versatile den suits a home office or walk-in closet, adapting easily to how you live. The kitchen is finished with striking marble countertops and stainless steel appliances, balancing everyday function with a refined finish. Includes one parking space and one locker. Two Juliette balconies in the unit. Building amenities include 24-hour concierge, a fully equipped gym, visitor parking, a party room, and guest suites for out-of-town company. Steps to the subway, TTC! A rare opportunity to own a fully updated suite steps from the city's best spots!
1 bedroom, 1 bathroom, about 700 sq ft, works out to roughly $927 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 1 Balmoral Ave #505
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
700-799 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
1 Balmoral Ave #505 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14014894$649,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1 Balmoral Ave #505 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,188
/mo
based on the purchase price of $649,000
$129,800 cash
$519,200 financed
$437,303 total interest
Principal54%$519,200
Interest46%$437,303
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $649K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4901.1%On average, homes sold at or above asking.
Active listings12,578Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 9,683 sales from Jul 15 – Oct 13, 2026 (6,629 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
2 for sale · 1 for rent at 1 Balmoral Ave — plus its sale and lease history.
1 Balmoral Ave #505 is listed at $649,000 (MLS® C14014894). Summitly updates the price as soon as the MLS® record changes.
Is $649,000 a good price for 1 Balmoral Ave #505?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1 Balmoral Ave #505 changed?
No — 1 Balmoral Ave #505 is still listed at its original asking price of $649,000.
How many bedrooms and bathrooms does 1 Balmoral Ave #505 have?
1 Balmoral Ave #505 has 1 bedroom and 1 bathroom, with about 700–799 square feet of living space. It is a condo in Toronto.
Is 1 Balmoral Ave #505 close to transit?
The nearest rapid-transit station is St. Clair Station (Line 1), about 270 m (about a 3-minute walk) in a straight line. Summerhill Station is about 490 m (about a 6-minute walk), and Rosedale Station is about 1.1 km (about a 14-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 1 Balmoral Ave #505?
About $3,188 a month — principal and interest on $649,000 with 20% down ($129,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1 Balmoral Ave #505 compare with other homes in Toronto?
Its asking price of $649,000 is about 23% below the median sold price in Toronto over the last 90 days, $848,000, across 9,683 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1 Balmoral Ave #505 been sold before?
Summitly has no earlier MLS® sale or lease of 1 Balmoral Ave #505 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1 Balmoral Ave #505?
1 Balmoral Ave #505 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1 Balmoral Ave #505 been on the market?
1 Balmoral Ave #505 was listed today (October 13, 2026).
What is the price per square foot of 1 Balmoral Ave #505?
About $812 to $927 per square foot: the asking price of $649,000 over the 700–799 sq ft the listing gives as its size range.
Does 1 Balmoral Ave #505 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
