1131 Steeles Ave W #601 is a 2-bedroom, 1-bathroom condo in Toronto, listed for $520,000. It has 1000-1199 sq ft of living space.
1Welcome to Your New Home!
2This beautifully maintained condo offers the perfect combination of comfort and convenience, featuring 2 spacious bedrooms,bright, functional living space.
3Enjoy a well-managed building with a recently renovated lobby and updated corridors that add a touch of modern elegance.
Amazing Location! Welcome to Your New Home! This beautifully maintained condo offers the perfect combination of comfort and convenience, featuring 2 spacious bedrooms,bright, functional living space. Ideal for families, professionals, or downsizers alike. Enjoy a well-managed building with a recently renovated lobby and updated corridors that add a touch of modern elegance. Located in a highly desirable area, you're just steps from grocery stores, restaurants, and everyday essentials, with TTC transit and a bus stop right at your doorstep-making commuting a breeze. Don't miss this fantastic opportunity to own in a prime location!
2 bedrooms, 1 bathroom, about 1,000 sq ft, works out to roughly $520 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 1131 Steeles Ave W #601
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1000-1199 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
1131 Steeles Ave W #601 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13686406$520,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1131 Steeles Ave W #601 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
$2,555
/mo
based on the purchase price of $520,000
$104,000 cash
$416,000 financed
$350,381 total interest
Principal54%$416,000
Interest46%$350,381
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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 $520K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4987.8%On average, homes sold at or above asking.
Active listings12,115Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 29 – Jul 28, 2026.
Based on 9,511 sales from Jul 28 – Oct 26, 2026 (6,903 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 at 1131 Steeles Ave W — plus its sale and lease history.
1131 Steeles Ave W #601 is listed at $520,000 (MLS® C13686406). Summitly updates the price as soon as the MLS® record changes.
Is $520,000 a good price for 1131 Steeles Ave W #601?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 1131 Steeles Ave W #601 changed?
No — 1131 Steeles Ave W #601 is still listed at its original asking price of $520,000.
How many bedrooms and bathrooms does 1131 Steeles Ave W #601 have?
1131 Steeles Ave W #601 has 2 bedrooms and 1 bathroom, with about 1,000–1,199 square feet of living space. It is a condo in Toronto.
Is 1131 Steeles Ave W #601 close to transit?
The nearest rapid-transit station is Finch Station (Line 1), about 3.0 km in a straight line. North York Centre Station is about 3.9 km, and York University Station is about 4.3 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 1131 Steeles Ave W #601?
About $2,555 a month — principal and interest on $520,000 with 20% down ($104,000), 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 1131 Steeles Ave W #601 compare with other homes in Toronto?
Its asking price of $520,000 is about 38% below the median sold price in Toronto over the last 90 days, $840,000, across 9,511 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 1131 Steeles Ave W #601 been sold before?
Summitly has no earlier MLS® sale or lease of 1131 Steeles Ave W #601 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1131 Steeles Ave W #601?
1131 Steeles Ave W #601 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1131 Steeles Ave W #601 been on the market?
69 days — 1131 Steeles Ave W #601 was listed on August 18, 2026.
What is the price per square foot of 1131 Steeles Ave W #601?
About $434 to $520 per square foot: the asking price of $520,000 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 1131 Steeles Ave W #601 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
