Welcome to Axis Condos, where contemporary downtown living meets unbeatable convenience. This bright and thoughtfully designed 2-bedroom, 1-bathroom residence offers approximately 560 sq. ft. of interior living space, complemented by an impressive 98 sq. ft. private balcony-the perfect extension of your living space in the heart of the city. The functional open-concept layout makes excellent use of every square foot, with a bright living area that opens onto the spacious balcony. The two bedrooms provide comfortable accommodations, while the contemporary kitchen and well-appointed bathroom complete this stylish urban home. Residents enjoy an impressive collection of amenities, including a 6,500 sq. ft. fitness centre, learning centre, cafe, bar with terrace, media lounge, guest suites, and rooftop patio, offering plenty of spaces to work, relax, socialize, and entertain. Perfectly positioned in the heart of Downtown Toronto, Axis Condos is just steps from Toronto Metropolitan University, Maple Leaf Gardens, Loblaws, subway access, 24-hour streetcar service, and College Park, with the Eaton Centre, Yonge-Dundas Square, University of Toronto, and countless restaurants, shops, and entertainment options all within easy reach. An exceptional opportunity to own a well-designed 2-bedroom home in one of Toronto's most connected and vibrant neighbourhoods. Urban living doesn't get more convenient than this.
2 bedrooms, 1 bathroom, about 500 sq ft, works out to roughly $1,030 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 85 Wood St #1617
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
500-599 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
85 Wood St #1617 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
$2,530
/mo
based on the purchase price of $515,000
$103,000 cash
$412,000 financed
$347,012 total interest
Principal54%$412,000
Interest46%$347,012
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.
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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 $515K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5227.1%On average, homes sold at or above asking.
Active listings12,496Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 3 – Aug 1, 2026.
Based on 9,067 sales from Aug 1 – Oct 30, 2026 (7,001 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
6 for sale · 11 for rent at 85 Wood St — plus its sale and lease history.
85 Wood St #1617 is listed at $515,000 (MLS® C14133248). Summitly updates the price as soon as the MLS® record changes.
Is $515,000 a good price for 85 Wood St #1617?
Summitly rates it Above Market: the asking price is 5% to 15% 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 85 Wood St #1617 changed?
No — 85 Wood St #1617 is still listed at its original asking price of $515,000.
How many bedrooms and bathrooms does 85 Wood St #1617 have?
85 Wood St #1617 has 2 bedrooms and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Toronto.
Is 85 Wood St #1617 close to transit?
The nearest rapid-transit station is College Station (Line 1), about 350 m (about a 4-minute walk) in a straight line. Wellesley Station is about 470 m (about a 6-minute walk), and TMU Station is about 700 m (about a 9-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 85 Wood St #1617?
About $2,530 a month — principal and interest on $515,000 with 20% down ($103,000), 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 85 Wood St #1617 compare with other homes in Toronto?
Its asking price of $515,000 is about 39% below the median sold price in Toronto over the last 90 days, $840,000, across 9,067 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 85 Wood St #1617 been sold before?
Yes — Summitly has 1 earlier MLS® listing of 85 Wood St #1617 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 85 Wood St #1617?
85 Wood St #1617 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 85 Wood St #1617 been on the market?
85 Wood St #1617 was listed today (October 30, 2026).
What is the price per square foot of 85 Wood St #1617?
About $860 to $1,030 per square foot: the asking price of $515,000 over the 500–599 sq ft the listing gives as its size range.
