501 - 7 Bishop Avenue, Toronto, ON M2M 4J4
Newtonbrook East, Toronto · Near Yonge/Finch · View map
About this home
Welcome to this newly renovated condo offering the perfect blend of comfort, style, and convenience in the heart of North York! This bright and airy condo features 2+1 bedrooms and 2 bathrooms with spacious living and dining areas, ideal for both relaxing and entertaining. Large windows and pot lights fill the space with plenty of light, creating a warm and inviting atmosphere throughout. Enjoy the convenience of ensuite laundry and 24-hour concierge. Included in this move-in ready condo are 3 storage lockers, and 1 parking spot in the condominium's underground parking garage. Additional amenities this condominium has to offer include a fitness center, sauna, squash/racquet court, indoor pool, visitor paring, and much more. Direct underground access to Finch Subway Station nd conveniently located near Yonge Street shopping, dining, public transportation, and parks - this condo is deal for commuters and those seeking vibrant city living with neighborhood charm. Don't miss this opportunity to own a move-in ready condo in a highly desirable location!
The home
- Type
- Condo apartment
- Style
- 1 Storey/Apt
- Square footage
- 1200-1399 sq ft
- Bedrooms
- 2
- Basement bedrooms
- 1
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 6
- Basement
- None
- Faces
- South West
- Level
- 5
- Balcony
- Terrace
- Laundry
- Ensuite
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $1,195.59/mo
- Fee includes
- Heat, Hydro, Water, CAC, Common Elements, Building Insurance
- Complex
- MTCC 878
- Property management
- Maple Ridge Community Management
- Pets
- Allowed, with restrictions
- Locker
- Owned
- Security
- Concierge/Security, Carbon Monoxide Detectors, Alarm System
- Exterior
- Concrete
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Garage spaces
- 1
- Total parking
- 1
Taxes & other
- Property taxes
- $2,843/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- TBA/30-59 days
- Cross street
- Yonge/Finch
- Neighbourhood
- Newtonbrook East
More
- Price per sq ft
- ~$468 (at 1,300 sq ft)
- MLS® number
- C13686398
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The home and its surroundings
- Carpet Free
- Public Transit
- School
Included in the maintenance fee
- Heat
- Hydro
- Water
- CAC
- Common Elements
- Building Insurance
Shared in the complex
- Visitor Parking
- Indoor Pool
- Party Room/Meeting Room
- Rooftop Deck/Garden
- Gym
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
7 Bishop Avenue, Toronto, ON M2M 4J4
Newtonbrook East, Toronto · Near Yonge/Finch
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Listing history for 7 Bishop Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 501 - 7 Bishop Avenue
Answers come straight from this home’s MLS® listing.
How much is 501 - 7 Bishop Avenue listed for, and what would it cost each month?
501 - 7 Bishop Avenue is listed for $609,000. With 20% down ($121,800), the mortgage payment would be roughly $2,457 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $3,889 a month, all in. That figure is an illustration, not a quote.
Is 501 - 7 Bishop Avenue freehold or a condo, and is there a monthly fee?
501 - 7 Bishop Avenue is a condo apartment in Newtonbrook East, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $1,195.59 a month. The listing says it covers heat, hydro, water, cac, common elements, building insurance. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 501 - 7 Bishop Avenue have?
501 - 7 Bishop Avenue has 2 bedrooms, plus 1 more bedroom in the basement, and 2 bathrooms. The listing gives the style as 1 storey/apt.
Does 501 - 7 Bishop Avenue have a garage and parking?
Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.
Does 501 - 7 Bishop Avenue have a finished basement?
No. The listing shows no basement for this home.
What style of home is 501 - 7 Bishop Avenue?
501 - 7 Bishop Avenue is a condo apartment. A condo is a unit you own in a building or complex, with the common areas shared and paid for through a monthly fee.
How big is 501 - 7 Bishop Avenue?
The listing puts the home between 1,200 and 1,399 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 501 - 7 Bishop Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 501 - 7 Bishop Avenue?
Property taxes are $2,843 a year (2025), or about $237 a month.
Are pets allowed at 501 - 7 Bishop Avenue?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 501 - 7 Bishop Avenue?
501 - 7 Bishop Avenue is in the Newtonbrook East community of Toronto. The nearest main intersection is Yonge/Finch. The postal code is M2M 4J4.
Is 501 - 7 Bishop Avenue still for sale?
Yes. It is an active listing (MLS® C13686398). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 501 - 7 Bishop Avenue asking?
Similar properties for sale nearby right now include 411 - 7 Bishop Avenue at $599,000 (2+1 bed), 905 - 7 Bishop Avenue at $629,000 (2+1 bed) and 217 - 7 Bishop Avenue at $439,000 (1+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 7 Bishop Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 501 - 7 Bishop Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.