407-555 Yonge St
Church-Yonge Corridor, Toronto, Ontario M4Y 3A6
- Bedrooms
- 1+1
- Bathrooms
- 1
- Size
- 600–699sq ft
- Per sq ft
- $859at the range’s middle
- Tax a year
- $2,2472025 tax year
- Built
- 16-30
- Parking
- 0none
- Days on market
- Members
The brief
About 407-555 Yonge St
407-555 Yonge St is a 1+1-bedroom, 1-bathroom condo in Church-Yonge Corridor, Toronto, listed for sale at an asking price of $558,000 (MLS® C12918476).
One Plus Den Condo In Central Downtown Core Location! Prime Location Between Both U Of T & Ryerson University, 555 Yonge Is Ideal For Student Residents. 99 Walk Score! Den Can Be Used As Second Bedroom W/ Door And Window. Open Concept Kitchen. Great Facilities: Billiards, Party Room And Rooftop Lounge, Exercise Rm, Sauna, 24 Hr Concierge. Walking Distance To U Of T, Ryerson University. Supermarket And Restaurants.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall38/100−$785/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 181 condos with 2 bedrooms for lease in Church-Yonge Corridor right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,247 / 2025
- MLS® number
- C12918476
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 16-30
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Church-Yonge Corridor
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Building Age
- 16-30
- Construction
- Brick
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- All Existing Appliances Incl: Dishwasher, Fridge, Stove, Microwave, Washer, Dryer, Elfs, All Existing Window Coverings. One Locker Included.
- Condo maint.
- $852
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.37 × 5.7 m | Combined W/Dining, Window, Laminate | Ground |
Listing history
Buy/sell history for 407-555 Yonge St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $558,000 | N/A | Pc | C12918476 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $111,600
- Total mortgage amount
- $446,400
- Total interest payment
- $317,400
- Total purchase cost
- $875,400
- Mortgage payment
- $2,546/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
45%Monthly carrying cost
$3,585- Rent $2,800
- Shortfall $785
Rental income opens at $2,800, the median asking rent of 181 comparable homes for lease in Church-Yonge Corridor. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $7,635
- Toronto municipal land transfer tax
- $7,635
- Total land transfer tax
- $15,270
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $6,795
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $558,000
- $3,160
- Ontario total
- $7,635
Toronto’s municipal tax uses the same brackets at this price, so it adds another $7,635.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m103 test or monitoring holes also recorded.250 m
- Groundwater recorded about 1 m below ground nearbyThe middle water level in the well records within 500 m (457 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 133 building permits issued within 250 m in the last 2 years250 m
- 30 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 3.4 km3.4 km
- Mapped parcel: about 3,910 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Walton Street Steam Plant, 800 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- On the Heritage Register — Part V
- In the Historic Yonge Street Heritage Conservation District, by-law 235-2016
- Not in the mapped ravine protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
CR 3.0 (c2.0; r3.0) SS1 (x2546)By-law
569-2013Municipality
Toronto1 3.0
Density: total floor area is capped at 3.0 times the lot area.
2 c2.0
Commercial floor area is capped at 2.0 times the lot area.
3 r3.0
Residential floor area is capped at 3.0 times the lot area.
4 x2546
Site-specific exception 2546: this site has rules of its own, written in the by-law.
5 SS1
Standards set 1: the setback, height and coverage rules the by-law applies to this zone.
6 Where this is written
Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(2546)
7 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
10 building permits cleared at this address in the City’s file.
Fire AlarmInspection
Proposal to replace the existing fire alarm control panel and annunciator in the existing multiple unit building.
Issued August 13, 2020
Other(BA)Closed
Proposal to install a retractable glazing system to a balcony on an existing residential condo - Unit 912.
Issued March 30, 2017
Sign Building Permit RelatedClosed
In conjunction with a multi-storey building on the premises with a bank on the first storey, proposal erect and display two illuminated wall signs and one illuminated projecting sign, all displaying static copy on the first and second storey north and west elevation. The proposed wall sign on the west elevation (facing Yonge Street) is 1.22 metres vertically by 12.39 metres horizontally at a height of 5.83 metres above grade. The proposed wall sign on the north elevation (facing Wellesley Street) is 1.22 metres vertically by 12.1 metres horizontally at a height of 6.12 metres above grade. The proposed projecting sign contains two sign faces, back-to-back and measures 1.22 metres vertically by 1.22 metres horizontally at a height of 5.38 metres above grade.**Scotia bank**
Issued December 13, 2016
Interior AlterationsRevision Issued
Revision to reduce scope of work and layout changes
Issued September 8, 2016
Building Permit Related(PS)Permit Issued
Plumbing - interior alterations to Scotiabank ground floor
Issued March 23, 2016
Building Permit Related(MS)Closed
HVAC - interior alterations to Scotiabank ground floor
Issued March 23, 2016
Balcony/Guard RepairsPermit Issued
Installation of balcony glazing system
Issued November 17, 2014
Other(MS)Permit Issued
Proposal for new condenser and 3 fan coil units in existing vacant space for future Tim Horton's restaurant.
Issued July 23, 2014
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
555 YONGE STSite planUnder Review
Site Plan Approval for a 68 storey mixed-use building. There will be 679 dwelling unit and 45,139 square meters of GFA, including 455 square meters of retail at grade.
10 m away543 YONGE STSite planUnder Review
Site Plan Approval for a 68 storey mixed-use building. There will be 679 dwelling unit and 45,139 square meters of GFA, including 455 square meters of retail at grade.
30 m away550 YONGE STSite planUnder Review
Site Plan application for a proposed 67-storey residential/mixed-use building comprised of approximately 52,086 square metres of gross floor area (GFA), comprised of 51,075 square metres of residential GFA, 543 square metres of grade-related retail space and 469 square metres of community cultural space.Approximately 860 residential units are proposed with parking and loading access from St. Luke Lane.
60 m away548 YONGE STSite planUnder Review
Site Plan application for a proposed 67-storey residential/mixed-use building comprised of approximately 52,086 square metres of gross floor area (GFA), comprised of 51,075 square metres of residential GFA, 543 square metres of grade-related retail space and 469 square metres of community cultural space.Approximately 860 residential units are proposed with parking and loading access from St. Luke Lane.
60 m away546 YONGE STSite planUnder Review
Site Plan application for a proposed 67-storey residential/mixed-use building comprised of approximately 52,086 square metres of gross floor area (GFA), comprised of 51,075 square metres of residential GFA, 543 square metres of grade-related retail space and 469 square metres of community cultural space.Approximately 860 residential units are proposed with parking and loading access from St. Luke Lane.
60 m away544 YONGE STSite planUnder Review
Site Plan application for a proposed 67-storey residential/mixed-use building comprised of approximately 52,086 square metres of gross floor area (GFA), comprised of 51,075 square metres of residential GFA, 543 square metres of grade-related retail space and 469 square metres of community cultural space.Approximately 860 residential units are proposed with parking and loading access from St. Luke Lane.
60 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Church-Yonge Corridor right now
- For sale now
- 365
- Median asking price
- $580K
- New in 7 days
- 43
- Price cuts
- 19%
Middle half: $488K to $750K
138 in 28 days
71 listings
This home is asking 4% below the median.
See all homes in Church-Yonge CorridorAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Wellesley Station | TTC subway: Line 1 Yonge-University | 100 m |
| College Station | TTC subway: Line 1 Yonge-University | 450 m |
| Bloor-Yonge Station | TTC subway: Line 1 Yonge-University, Line 2 Bloor-Danforth | 700 m |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 2.2 km |
| Eglinton Station | TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton | 4.7 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Church Street Junior Public SchoolToronto DSB | Public · grades JK–6 | 400 m | 72%Grade 6 average |
| Our Lady of Lourdes Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 800 m | 66%Grade 6 average |
| Orde Street Public SchoolToronto DSB | Public · grades JK–8 | 950 m | 82%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 1.3 km | 96%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Joseph's College SchoolToronto CDSB | Catholic · grades 9–12 | 350 m | 66%Grade 9 math |
| Native Learning CentreToronto DSB | Public · grades 9–12 | 400 m | — |
| Jarvis Collegiate InstituteToronto DSB | Public · grades 9–12 | 600 m | 34%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 600 m | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Church-Yonge Corridor are shown to signed-in members.