31 Olive Ave #221 is a 1-bedroom, 1-bathroom condo townhouse in Toronto, listed for $599,000. It has 700-799 sq ft of living space.
1This bright, south-facing home with a private balcony overlooks the tranquil pond, gazebo and interior courtyard.
2It offers soaring ceilings, oversized granite kitchen island, hardwood flooring throughout, and a functional modern open-concept layout with no carpet.
3A spacious den with floor to ceiling window serves perfectly as a home office or secondary bedroom.
Enjoy condo amenities without having to wait for the elevator! Have your own entrance peacefully tucked away from Yonge and Finch. 1+1 condo townhouse in the prestigious Mona Lisa, ideally situated in the heart of North York and steps away from Finch Subway station. This bright, south-facing home with a private balcony overlooks the tranquil pond, gazebo and interior courtyard. It offers soaring ceilings, oversized granite kitchen island, hardwood flooring throughout, and a functional modern open-concept layout with no carpet. A spacious den with floor to ceiling window serves perfectly as a home office or secondary bedroom. Enjoy 24h concierge for deliveries, indoor swimming pools and hot tub, sauna, gym, party room, roof top terraces, and BBQ area. Secure underground parking & locker. Stainless steel appliances, washer & dryer.
1 bedroom, 1 bathroom, about 700 sq ft, works out to roughly $856 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.
Inside 31 Olive Ave #221
Every detail from the listing, in one place.
Type
Condo Townhouse
Style
Stacked Townhouse
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
Stacked Townhouse
Property class
Condo Townhouse
31 Olive Ave #221 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$2,943
/mo
based on the purchase price of $599,000
$119,800 cash
$479,200 financed
$403,612 total interest
Principal54%$479,200
Interest46%$403,612
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
Own a home on Olive Avenue? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 31 Olive Ave #221 with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 31 Olive Ave #221 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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 2–4 bed homes for sale in Toronto around $599K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5101.9%On average, homes sold at or above asking.
Active listings11,955Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with May 5 – Aug 3, 2026: prices up.
Based on 9,294 sales from Aug 3 – Nov 1, 2026 (6,924 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 rent at 31 Olive Ave — plus its sale and lease history.
31 Olive Ave #221 is listed at $599,000 (MLS® C13605898). Summitly updates the price as soon as the MLS® record changes.
Is $599,000 a good price for 31 Olive Ave #221?
Summitly rates it Good Deal: the asking price is 3% to 10% 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 31 Olive Ave #221 changed?
Yes — it was first listed at $629,000 and is now $599,000, a drop of $30,000 (4.8%).
How many bedrooms and bathrooms does 31 Olive Ave #221 have?
31 Olive Ave #221 has 1 bedroom and 1 bathroom, with about 700–799 square feet of living space. It is a condo townhouse in Toronto.
How much would the monthly mortgage be on 31 Olive Ave #221?
About $2,943 a month — principal and interest on $599,000 with 20% down ($119,800), 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 31 Olive Ave #221 compare with other homes in Toronto?
Its asking price of $599,000 is about 29% below the median sold price in Toronto over the last 90 days, $845,000, across 9,294 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 31 Olive Ave #221 been sold before?
Yes — Summitly has 1 earlier MLS® listing of 31 Olive Ave #221 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 31 Olive Ave #221?
31 Olive Ave #221 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 31 Olive Ave #221 been on the market?
99 days — 31 Olive Ave #221 was listed on July 25, 2026.
What is the price per square foot of 31 Olive Ave #221?
About $750 to $856 per square foot: the asking price of $599,000 over the 700–799 sq ft the listing gives as its size range.
Does 31 Olive Ave #221 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 31 Olive Ave #221 have a basement, and is it finished?
The listing says 31 Olive Ave #221 has no basement.
