77 Mutual Street & 81 Mutual Street

Everything You Need to Know About 77 Mutual Street

The Max Condos offers a number of downtown condos for sale in the popular Moss Park neighbourhood. Reaching 38 storeys high, Tribute Communities completed this development in 2020. In total, there are 344 suites.

Price of condos at 77 Mutual Street

According to sales data over the past 12 months, the average sale price spans from $630,000 for a one bedroom, up to $720,000 for a 2 bedroom. When it comes to rentals, leases can range anywhere from $1,850 to $4,500 a month.

When looking at cost per-square-foot, units here are selling at $1,236 PSF, and leasing at $4.91 PSF.

How many condos have sold and rented at 77 Mutual Street?

In the last 12 months, 132 units have rented, and 20 have sold.

Right now, there are 3 units on the market for sale, and 4 for rent. On average, a condo will sell within 35 days and rent in 20 days. This means the demand for this property is average.

The Suites

Suites here can be as small as 400 square feet, up to 949 square feet. Whether you’re looking for a studio or a more spacious 2-bedroom apartment, the layouts are versatile enough to suit a variety of needs.

The interiors are simple, yet offer bright spaces with an airy feel. Open-concept kitchens feature light cabinetry, chic backsplashes, and stainless steel appliances. Bedrooms are well-sized with many of them offering great views of the city and Moss Park below. All units come with front-loading washers and dryers for added convenience.

If you're looking to buy into this building, units here have a medium probability of receiving multiple offers. On average, they spend 19 days on the market, and usually sell for -1.09% below the listing price.

What amenities does Max Condos offer?

This building offers a long list of amenities, which can add to your overall quality of life. Here are just some of the amenities found here:

• Concierge
• Gym
• Indoor Pool
• Guest Suites
• Party Room
• Games Room

Condo Fees

Maintenance fees are $0.72 per-square-foot, which is higher than the neighbourhood average of $0.66 per-square-foot.

Condo fees include heat and water.

However, residents must pay separately for:

• Hydro
• Air conditioning

The Neighbourhood

Residents living at 81 Mutual Street have plenty of choice when it comes to local amenities. For instance, you can enjoy several great restaurants in the area. Some popular places nearby include Good View Restaurant, Kabul Express and Curry Kitchen. And if you’ve come to Moss Park looking for good coffee, then you’re in the right place. Pop Coffee Works, Good Earth Coffeehouse and Tim Hortons are just steps away.

For those who’d rather cook at home, grocery pick-ups are made easy thanks to Metro and Rabba Fine Foods within a 14-minute walk.

Max Condos is a great choice for those who are money conscious with banks like Tangerine and BMO Bank of Montreal nearby.

Whether you're looking to play, exercise or gather with friends — nearby parks like Arena Gardens, Fred Victor Community Garden, and of course, Moss Park are the perfect spot for all kinds of activities.

Meanwhile, retail shopping is very convenient as Toronto Eaton Centre is just 12 minutes away.

What is the walk score of 77 Mutual Street?

In terms of walkability, this area has a perfect walk score of 100. Being a walker’s paradise, residents don’t need to depend on a car — you can get virtually anywhere on foot. The transit score here is also 100, meaning this neighbourhood offers world-class public transportation. Cyclists will also be impressed, considering the bike score is 87.

What is the local real estate market like?

In the Moss Park neighbourhood, buyers have the slightest advantage. Condos here are typically selling for about 1.5% under the asking price.

As for the rental market, tenants are facing a bit of competition with the average rental property leasing at 1.4% above the list price.

Building Age

This development was completed in 2020 by Tribute Communities. Given that this is one of the newer developments in the area, residents can expect modern-day amenities and contemporary finishes.

Transportation

Public transit users can walk over to the nearest bus stop at Dundas and Jarvis in just 2 minutes. You can then commute anywhere within downtown’s east end. A quick 7-minute walk, however, will bring you to Dundas station. From there, hop on the subway to head north to Midtown and North York. Or transfer at Bloor station, so you can travel west to Etobicoke or east to Scarborough.

Summary

77 Mutual Street is one of the most expensive condos in the area. It has the second-highest cost per square foot out of 10 condos closeby. But given its perfect walk and transit scores, many residents understand they must pay a price for such convenience.

If the Max Condos is beyond your price point, however, there are some similar condos in the area. So check out 159 Dundas Street E, 192 Jarvis Street and 101-123 Dundas Street E — all within walking distance.