Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · Newtonbrook West
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205 Hilda Ave, Toronto
Built
1975
Storeys
23
Suites
1283
Developer
Steeles Hilda Developments Ltd
Corporation
YCC-201
Walk Score
90
Free · about 45 seconds · no obligation
What is your unit at The Monarchy worth today?
Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.
- Uses this building’s own recent sales
- Adjusts for floor, view and parking
- Your number appears instantly
How you get around
Scores from Walk Score®
Walk Score
Walker's Paradise
Transit Score
Excellent Transit
Bike Score
Bikeable
Transit, nearest first
- 97YongeTTC busSteps away
- 60Steeles WestTTC busSteps away
- 960Steeles West ExpressTTC busSteps away
- 1Finch stationLine 1 Yonge–University1.9 km
- GOOld Cummer GORichmond Hill line4.6 km
Distances are straight-line from the building.
How far is everything?
From the front door, in kilometres.
Schools for this address
Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.
ElementaryJK–8
R J Lang Elementary and Middle School
227 Drewry Ave, North York
1.3 km · ~20 min walk
Zoned for this address
High schoolGr 9–12
Newtonbrook Secondary School
155 Hilda Ave, North York
0.2 km · ~3 min walk
Zoned for this address
Catholic elementary
St Paschal Baylon Catholic Elementary School
0.4 km · ~6 min walk
Nearest, confirm zoning
Catholic elementary
St Agnes Catholic Elementary School
2.1 km
Nearest, confirm zoning
Catholic secondary
Brebeuf College School
2.1 km
Nearest, confirm zoning
French-language · MonAvenir (Catholic)
Monseigneur De Charbonnel Catholic Secondary School
1.0 km · ~16 min walk
Nearest, confirm zoning
Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.
By the numbers
What units at The Monarchy actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| 2 bed | 3 | $515,000 | 5 | $2,500/mo |
| 3 bed + | 3 | $588,000 | 3 | $3,100/mo |
Table covers the last 24 months. TRREB MLS® System aggregates; a median is shown only with 3 or more deals, and sizes come from listing ranges. Not an appraisal: get an estimate for your unit.
Living here
Renters, Airbnb and elevators at The Monarchy
Do mostly owners or renters live here?
Mix of owners and renters. Of 35 deals here in the last 24 months, 19 were leases and 16 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.
Can you Airbnb a unit at The Monarchy?
No active City registrations here right now. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.
How reliable are the elevators?
Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.
Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.
Before you buy here
Five things the listing will not tell you about The Monarchy
- Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
- Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
- Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
- Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
- Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.
Send me the status certificate and I will flag anything that matters before your conditional period runs out.
Get my status certificate reviewedWatch this building
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Takes about twenty seconds.
Eat, drink and shop nearby
Within about a 10-minute walk.
Restaurant
Grill It Up
0.5 km · ~8 min walk
Dumplings
Lee's Dumpling House
0.5 km · ~8 min walk
Bakery
Lova Cafe & Bakery
0.5 km · ~8 min walk
Bar
Matsumi All You Can Eat Lounge
0.5 km · ~8 min walk
Coffee
Tim Hortons
0.7 km · ~11 min walk
Restaurant
Asian Gourmet Wok & Grill
0.7 km · ~11 min walk
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Goulding Park
- Moore Park
- Centre Park
Nearest grocery
Khorak Supermarket
0.9 km · ~14 min walk
Prices: TRREB MLS® System aggregate medians for 205 Hilda Ave, last 12 months (updated 18 October 2026), compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage; deemed reliable, not guaranteed. Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.
The Monarchy is one of the few places left near Yonge and Steeles where a buyer can get close to 1,000 square feet or more for roughly what a compact suite in a 2013 tower asks. It is a 23-storey tower from 1975 with a pool, a tennis court and a fee that covers hydro, heat, cooling, cable and parking, and on a per-square-foot basis that fee is low. The catch is age, and I will be specific about what that means. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
The Monarchy is a 23-storey condominium at 205 Hilda Avenue, Toronto M2M 4B1, in Newtonbrook West near Yonge Street and Steeles Avenue, part of the Willowdale, Yonge & Sheppard, Bayview Village and North York Centre area. Condos.ca says it was built in 1975 by Steeles Hilda Developments Ltd, though it does not list a developer in its building data. The condominium corporation is YCC-201, registered on 17 April 1975, and condos.ca lists Northcan Property Management as the manager. The maintenance fee covers common elements, heat, hydro, water, air conditioning, cable TV, building insurance and parking.
The Monarchy at a glance
A 1975 tower built for families
The Monarchy went up in the mid-1970s on Hilda Avenue, a residential street running south from Steeles just west of Yonge. Its corporation, YCC-201, registered in April 1975, two years after its lower neighbour Eddington at 175 Hilda, which condos.ca credits to the same builder, Steeles Hilda Developments.
Buildings of this generation were designed for households moving out of houses, not for investors. The result is big suites, separate rooms and real storage, in a tower that also has recreation facilities, a security guard and an underground garage.
One figure needs a caution. Condos.ca lists 1,283 suites, which is far more than a single 23-storey tower of suites this size would normally hold. I have not been able to confirm the real count from a second source, so treat that number as unverified and ask management for the suite count when you review the status certificate.
The suites are the reason to buy here
Condos.ca puts the size range at about 926 to 1,459 square feet. Current listings are two- and three-bedroom suites, and the smallest of them is larger than most two-bedrooms built in North York in the last decade.
That space comes with 1970s planning: a closed or galley kitchen, a separate dining area, hallway closets and smaller bathrooms than a new buyer may expect. Many owners have renovated. Before you buy a suite to renovate, ask management for the corporation’s alteration rules, especially around plumbing, flooring and electrical work.
Expect to see original features in any suite that has not been updated: older windows, original electrical panels and heating units that date from the building’s construction. Ask the seller what has been replaced and when, and price the work you would want to do into your offer.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
A low fee that includes hydro and cooling
Across the active listings, fees run about $565 to $650 a month, or roughly $0.61 per square foot. For a building where the fee covers hydro, heat, air conditioning, water, cable TV, building insurance and parking, that is low.
To compare it fairly with a newer condo, take that building’s fee and add its hydro bill, its heating and cooling, its parking charge and a TV package. On a large suite, the all-in cost here can come in well below a much smaller suite in a new tower.
A low fee is good news only if it is paying for what the building needs. In a 50-year-old tower, the fee also has to fund the reserve for windows, balconies, risers, elevators and the shared heating and cooling plant. A low number can mean an efficient corporation, or it can mean deferred work. The reserve fund study tells you which.
Three 1970s towers side by side
The Monarchy sits beside Carrington Tower at 10 Tangreen Court, a 34-storey building from 1977, and up the street from Eddington. Together they form a cluster of 1970s condominiums with similar inclusions, similar suite sizes and similar issues, which makes them easy to compare directly. If one has a suite that suits you, check the other two for the same layout before you make an offer.
Condos.ca puts The Monarchy at about $503 per square foot, Eddington at about $604 and Carrington Tower at about $470. The Monarchy’s fee per square foot is also the lowest of the three based on current listings. Those gaps reflect suite size, condition, floor and views as much as the buildings themselves, so compare the specific suites, not just the averages.
The neighbourhood is changing to the north. Metrolinx is extending Line 1 about 8 km beyond Finch into Vaughan, Markham and Richmond Hill, with five new stations, and it says the extension will open after the Ontario Line, without a date. The transit and school details for this address are in the panel on this page.
What The Monarchy costs
Condos.ca puts the building average at about $503 per square foot. There are four suites for sale at the time of writing, asking between $539,000 and $595,000.
That range is the key point. At The Palm, a 2013 tower on Yonge just north of Finch, the suites currently for sale are in the 700 to 799 square foot band and ask a similar range. Here the same money buys a two- or three-bedroom suite of close to 1,000 square feet or more. You trade new finishes, in-suite systems and a newer reserve fund for space and a low, all-inclusive fee.
Four active listings give you real choice, but recent sales are a better guide to what will actually close. My building sold report pulls the recent sold history for the building.
Building specifications
| Building name | The Monarchy |
| Address | 205 Hilda Avenue, Toronto M2M 4B1 |
| Developer | Steeles Hilda Developments Ltd (per the condos.ca building description) |
| Storeys | 23 |
| Total suites | Listed by condos.ca as 1,283; not independently verified |
| Condo corporation | YCC-201 |
| Registered | 17 April 1975 |
| Property management | Northcan Property Management (per condos.ca) |
| Suite sizes | About 926 to 1,459 sq ft |
| Maintenance fees | About $0.61 per sq ft across active listings |
| Fees include | Common elements, heat, hydro, water, air conditioning, cable TV, building insurance and parking |
Amenities at The Monarchy
A pool, sauna and tennis court are the classic 1970s package, and a tennis court in particular is something new towers almost never include. Ask to see the facilities in person, since the condition of older amenity spaces varies widely and their upkeep is part of what your fee pays for. A security guard on site is also a real plus in a tower this size, especially for owners who travel.
Jatin’s honest take on The Monarchy
Who this building suits
Families who need two or three real bedrooms near Yonge and Steeles on a budget that rules out a house or a new large condo, and downsizers leaving a house who want room for their furniture and one simple monthly bill. It also suits buyers who plan to renovate and want a large, well-located shell to work with.
What I’d want you to check
Start with the reserve fund study and the board minutes, and look specifically at windows, balcony repairs, the garage, plumbing risers, elevators and the shared heating and cooling plant, all of which the corporation pays for. Check the status certificate for any special assessment. Confirm the real suite count, and confirm on the certificate whether a parking space and locker belong to the suite. Condos.ca lists a pet restriction; if you have an animal, get the current rule in writing from management.
The value question
At about $503 per square foot with almost every utility in the fee, The Monarchy is among the cheaper ways to buy space near Yonge and Steeles. I think it is good value for an owner-occupier who plans to stay and is prepared to update a suite, provided the reserve fund shows the corporation is keeping up with its repairs. Compare it directly with Carrington Tower and Eddington before you decide.
Free building report: The Monarchy
Send me your email and I’ll put together a current report on The Monarchy — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.
- Every sale in the building over the last 12 months
- Current active listings and asking prices
- Maintenance fee breakdown and what’s included
- My read on which exposures and floors hold value
Tell me what you are planning
Three quick answers so I come back with something useful, usually the same day.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
The Monarchy — frequently asked questions
When was The Monarchy built?
Condos.ca says 1975. The condominium corporation, YCC-201, was registered on 17 April 1975.
Who built The Monarchy?
The condos.ca building description names Steeles Hilda Developments Ltd, the same builder it lists for Eddington at 175 Hilda Avenue.
How tall is The Monarchy?
It is 23 storeys.
How many suites are there?
Condos.ca lists 1,283, which I have not been able to verify and which looks high for one tower. Ask management for the actual count.
What do the maintenance fees include?
Condos.ca lists common elements, heat, hydro, water, air conditioning, cable TV, building insurance and parking.
How big are the suites?
About 926 to 1,459 square feet, with two- and three-bedroom plans among current listings.
What amenities does it have?
A pool, sauna, tennis court, gym, security guard and an underground garage.
Who manages the building?
Condos.ca lists Northcan Property Management, the same manager it lists for Eddington. Confirm the current manager on the status certificate.
How does it compare with Carrington Tower next door?
Carrington Tower is a 34-storey building from 1977 with suites of about 1,065 to 1,200 square feet. Condos.ca puts it at about $470 per square foot, against about $503 here.
What should I check before buying?
The reserve fund study, board minutes and status certificate, with a focus on windows, balconies, risers, elevators and the shared mechanical plant.
How much do condos at The Monarchy sell for?
Over the last 12 months the median resale at The Monarchy was $528,500, across 6 sales. The typical unit sold in 41 days at about 97% of the asking price. That works out to roughly $542 per square foot.
How much is rent at The Monarchy?
The median lease at The Monarchy over the last 12 months was $2,625/mo, from 8 leases. Units typically leased in 16 days.
What does each unit type cost at The Monarchy?
Over the last 24 months: Two-bedrooms sold for a median $515,000 and rented for $2,500/mo; Three-bedrooms sold for a median $588,000 and rented for $3,100/mo. Each median uses three or more deals.
Are prices at The Monarchy up or down since 2022?
Down about 21%. The median sold price per square foot was $682 in 2022 and $542 over the last 12 months. Pricing off 2022 comparables is the most common mistake sellers make here.
What rental yield does The Monarchy offer an investor?
At a median price of $528,500 and a median rent of $2,625 a month, the gross yield is about 6.0%, before maintenance fees, property tax, insurance and mortgage interest. Net cash flow depends on the fee and your down payment, so run the numbers for the exact unit.
Do mostly owners or renters live at The Monarchy?
A mix of both. Of the deals here in the last 24 months, 54% were leases and 46% were sales.
Can you Airbnb a unit at The Monarchy?
Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows no active short-term rental registrations at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.
Has The Monarchy had elevator outages?
None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.
What schools is The Monarchy zoned for?
For TDSB public schools, the address is zoned for R J Lang Elementary and Middle School (Elementary, JK–8), Newtonbrook Secondary School (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.
What is the closest subway or GO station to The Monarchy?
The nearest subway is Finch station (Line 1 Yonge–University), 1.9 km away; the nearest GO station is Old Cummer GO on the Richmond Hill line, 4.6 km; the closest bus is the Yonge (TTC bus). Distances are straight-line from the building.
What is the Walk Score of The Monarchy?
Walk Score 90, Transit Score 77 and Bike Score 52. Most daily errands can be done on foot.
What restaurants and shops are near The Monarchy?
Within about a 10-minute walk: Grill It Up (Restaurant), Lee's Dumpling House (Dumplings), Lova Cafe & Bakery (Bakery), Matsumi All You Can Eat Lounge (Bar), Tim Hortons (Coffee). The closest grocery store is Khorak Supermarket, 0.9 km away.
Which parks are near The Monarchy?
Goulding Park, Moore Park, Centre Park are the closest green spaces.
What is my unit at The Monarchy worth?
Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.
How do I find out when a unit at The Monarchy lists or sells?
Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.
Looking at Willowdale, Yonge & Sheppard, Bayview Village and North York Centre more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
About the author — Jatin Dua, Toronto condo broker
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty. I work condo buildings across Toronto and the GTA every week, including Willowdale, Yonge & Sheppard, Bayview Village and North York Centre. What buyers and sellers usually need is someone who knows the individual buildings: which exposures get the light, which corporations keep healthy reserve funds, and which units are priced past what they will appraise for.
If you’re buying or selling at The Monarchy, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.
More Willowdale, Yonge & Sheppard, Bayview Village and North York Centre building guides: 1 Capella Starway Townhouses · 10 Old York Mills Road · 10 Parkway Forest Drive Condos · 118 Finch Avenue West · 14 Gypsy Roseway Townhouses · 181 East Condos
More resources: GTA condo directory · Building sold report · Book a call
© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.