$513,000 - 525 Wilson Avenue Unit 129, North York
Condo for Sale in North York
New — Listed 2 days ago- MLS Number
- C13163060
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- North York (Bathurst Manor / Clanton Park)
- Locker
- Owned
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- PROSPECT REALTY INC.
Gramercy Park is one of the most well managed buildings in North York and Toronto. This 1 bed, 1 den and 1 bathroom unit is perfect for any first time home buyers. The unit is a spacious 686 sq ft with 9 ft ceilings throughout giving it a much larger feel than most units. You will not be disappointed by the counter and cabinet space throughout the kitchen. Perfect for hosting or those who love to cook. The family room walks out to a 133 sq ft terrace, with walk in/walk out capabilities. A den is a perfect size for a babies nursery or for a home office. The building has state of the art amenities, ranging from a courtyard, BBQ terrace, indoor pool, gym, and party room, pet spa, 24 concierge, and a yoga studio. A ground floor unit is perfect for those who don't want to feel high up or don't want to wait for elevators. There is lots of visitor parking for your guests. Unit includes one parking and one locker. Common expenses included heat, water, common elements and building insurance.
Estimate your monthly payments for this property
Estimated Payment
$2,631.96/mo
Includes CMHC insurance ($14,313)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover North York (Bathurst Manor / Clanton Park)
North York (Bathurst Manor / Clanton Park) is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in North York (Bathurst Manor / Clanton Park)
- •Convenient location in North York (Bathurst Manor / Clanton Park)
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
North York (Bathurst Manor / Clanton Park) offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
525 Wilson Avenue Unit 129, North York (Bathurst Manor / Clanton Park)
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $855/sqft, this property is priced in line with current North York market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In North York's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Investment Perspective
Looking at this as an investment: North York properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,138 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.