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Cosmo Two, 31 Bales Ave: The Twin Tower With the Pool at Yonge & Sheppard

Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty

Building at a glance · Avondale

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Cosmo Two in one look.

31 Bales Ave, Toronto

Built

2006

Storeys

23

Suites

284

Corporation

TSCC-1782

Walk Score

98

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What is your unit at Cosmo Two 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

Rider's Paradise

Bike Score

Bikeable

Transit, nearest first

  • 1Sheppard-Yonge stationLine 1 Yonge–UniversitySteps away
  • 185Sheppard CentralTTC bus0.2 km
  • 97YongeTTC bus0.2 km
  • 98Willowdale-SenlacTTC bus0.2 km
  • GOOriole GORichmond Hill line3.6 km

Distances are straight-line from the building.

How far is everything?

From the front door, in kilometres.

Glow FoodSteps

No FrillsSteps

Sheppard-Yonge stationSteps

Avondale Public School0.7 km

Oriole GO3.6 km

Georges Vanier Secondary School5.3 km

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

Avondale Public School

171 Avondale Ave, North York

0.7 km · ~11 min walk

Zoned for this address

High schoolGr 9–12

Georges Vanier Secondary School

3000 Don Mills Rd, North York

5.3 km

Zoned for this address

Catholic elementary

St Edward Catholic Elementary School

0.8 km · ~13 min walk

Nearest, confirm zoning

Catholic elementary

St Gabriel Catholic Elementary School

1.7 km

Nearest, confirm zoning

Catholic secondary

Cardinal Carter Academy For The Arts

0.4 km · ~6 min walk

Nearest, confirm zoning

French-language · Viamonde (public)

Ecole Secondaire Etienne Brule

3.1 km

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 Cosmo Two actually trade for

$793Median sold price per sq ft, last 12 months-23% vs 2022 ($1,032)
17%of resales closed at or above asking, last 12 monthsRoom to negotiate
Unit typeSoldMedian priceLeasedMedian rent
1 bed4$494,50020$2,163/mo
2 bed2too few13$3,000/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 Cosmo Two

Do mostly owners or renters live here?

Leases 81%Sales 19%

Renter-heavy building. Of 80 deals here in the last 24 months, 65 were leases and 15 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 Cosmo Two?

0units registered with the City as a short-term rental at this address

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?

0elevator outages of 48 hours or more reported to TSSA for this address since July 2022

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 Cosmo Two

  1. 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.
  2. Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
  3. Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
  4. Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
  5. 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 reviewed

Watch this building

Know the moment a unit at Cosmo Two lists or sells.

Portals tell you a listing exists. I tell you whether it is priced right for this building, which stack it is in, and what the last comparable unit actually went for.

  • New listings for sale or rent here
  • What units sold for, with my read on it
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Building alerts

Takes about twenty seconds.

Eat, drink and shop nearby

Within about a 10-minute walk.

Restaurant

Glow Food

Steps away

Coffee

Momo Coffee

0.2 km · ~3 min walk

Chicken

Super Chicken

0.2 km · ~3 min walk

Mexican

Burrito Boyz

0.2 km · ~3 min walk

Thai

Eat Bkk Thai Kitchen

0.2 km · ~3 min walk

Healthy

Freshii

0.2 km · ~3 min walk

Places from OpenStreetMap. Check hours before you go.

Parks nearby

  • Avonshire Parkette
  • Avondale Park
  • Albert Standing Park

Nearest grocery

No Frills

Steps away

Prices: TRREB MLS® System aggregate medians for 31 Bales 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.

Cosmo Two at 31 Bales Avenue is the younger twin by two months, and on paper it is the better-equipped one. REW lists a pool, gym, hot tub, sauna and yoga studio here, and the fee per square foot on current listings is lower than at 35 Bales next door. The question is whether the corporation behind it is as strong as the amenity list. I’m Jatin Dua, RE/MAX Quantum Realty.

Quick answer

Cosmo Two is a 23-storey, 284-suite condominium at 31 Bales Avenue, just off Yonge Street and Sheppard Avenue in the Avondale neighbourhood, part of the Willowdale, Yonge & Sheppard, Bayview Village and North York Centre area of Toronto. It was completed in 2006. The condominium corporation is TSCC-1782, registered on 26 July 2006. Condos.ca lists common elements, building insurance, parking and water as included in the maintenance fee.

Cosmo Two at a glance

Address
31 Bales Ave
Storeys
23
Suites
284
Built
2006
Corp #
TSCC-1782

The second of two matched towers

Cosmo Two was registered on 26 July 2006, about two months after Cosmo Residences at 35 Bales. The two towers are the same height and almost exactly the same size, 284 suites here against 283 next door.

They are separate condominium corporations, though. Cosmo Two is TSCC-1782, with its own board, budget, reserve fund and rules. The sources disagree on the manager: condos.ca lists Crossbridge Condominium Services, while REW lists Brookfield Condominium Services. Confirm the current manager in the status certificate.

Because the towers look identical, buyers often treat them as one building. They are not. When you compare suites in both, compare the two corporations’ finances too.

An amenity package that is unusual for the price

REW lists a pool, gym, hot tub, sauna, yoga studio, 24-hour security, concierge, guest suites and a party room at Cosmo Two. Condos.ca confirms the concierge, party room, meeting room and guest suites.

A pool and hot tub in a building where current asking prices start below $500,000 is not common. It is a real daily benefit if you use it, and it saves a gym membership. It is also an expense: pools are among the most costly items to run and eventually rebuild, so check what the reserve fund study plans for it.

I could not confirm whether the recreation facilities are shared with 35 Bales. If they are, there should be a shared facilities agreement setting out how costs are split, and it is worth reading.

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.

Suites from studio-sized to two bedrooms

Condos.ca puts suite sizes at about 410 to 1,340 square feet. The smallest suites are close to studio size, and the largest are full two-bedroom layouts. The two listings for sale when I checked were a one-bedroom of 500 to 599 square feet and a two-bedroom of 800 to 899 square feet.

That range makes the building attractive to both investors and owner-occupiers. Smaller suites near two subway lines are easy to rent, and the two-bedrooms suit couples who want space without moving out to a townhouse. I could not find the developer, architect or ceiling heights in any source I checked.

Living in a busy, transit-first building

A 284-suite tower a block from Yonge and Sheppard is a busy place. Many residents commute by subway, some suites are rented, and the elevators, lobby and garage see steady traffic. That is the trade-off for being this close to transit, and a good concierge desk and clear rules make it work.

The size also spreads costs. Large repairs are shared among close to 300 suites, which keeps each owner’s share manageable, as long as the reserve fund has been funded properly. Ask for the most recent reserve fund study and compare it with the one for Cosmo Residences next door.

If you are buying to live here, ask about the rules on move-ins, deliveries and leasing, and look at the board minutes for recurring issues. Those details shape daily life in a busy tower more than the amenity list.

Bales Avenue, a block off Yonge

Bales Avenue is a short street just east of Yonge, south of Sheppard. You are a block from one of the busiest intersections in North York but not on it, which keeps noise down for suites that face away from Yonge.

The data panel on this page shows the walking times to the subway and to the shops and restaurants around Yonge and Sheppard. The area has been adding towers for years, so if a view matters to you, check what is planned on nearby sites.

Price per square foot and the fee

Condos.ca puts the building average at about $831 per square foot. That reflects how strong demand is for small suites near Yonge and Sheppard; buyers pay for the location more than for the age of the building.

When I checked, two suites were listed for sale, asking from about $448,000 to $745,000, with monthly fees of about $447 to $727. That is about $0.83 per square foot, a little lower than the roughly $0.92 on listings at Cosmo Residences next door.

The fee includes common elements, building insurance, parking and water, according to condos.ca. Heat and hydro are not listed, so add them when you compare with a building that includes them. For actual sale prices over time, use the building’s sales in the data panel.

Two listings is a thin sample, so I would not read too much into the asking range. Look at the building’s recorded sales over the last year or two, and compare them with Cosmo Residences, where the suites and location are almost identical. If one tower consistently trades lower, the reason is usually in its fees, its finances or its amenity costs.

Building specifications

Building nameCosmo Two
Address31 Bales Avenue, Toronto M2N 7L6
Storeys23
Total suites284
Year completed2006
Condo corporationTSCC-1782
Registered26 July 2006
Property managementSources conflict: Crossbridge Condominium Services (condos.ca) or Brookfield Condominium Services (REW)
Suite sizesApproximately 410 to 1,340 sq ft
Maintenance feesAbout $0.83 per sq ft on current listings
Fees includeCommon elements, building insurance, parking and water

Amenities at Cosmo Two

Concierge24-hour securityPoolHot tubSaunaGymYoga studioParty roomMeeting roomGuest suitesVisitor parking

Between them, condos.ca and REW list a pool, hot tub, sauna, gym, yoga studio, concierge, party room and guest suites. For a resident, that covers fitness, guests and a swim without leaving the building, which is a strong package at this price point. The trade-off is cost: pools, hot tubs and saunas are expensive to heat, staff and repair, and that shows up in the budget every year, so it is worth knowing how often they are closed for maintenance.

Jatin’s honest take on Cosmo Two

Who this building suits

First-time buyers and investors who want a small suite near two subway lines, and owner-occupiers who want a pool and gym without paying for a new tower. It also suits commuters who want a short walk to transit. If you need three bedrooms or a large terrace, this is not the building. Downsizers who want a pool in the building and a short walk to the subway will also find it practical, provided they are happy with a smaller suite.

What I’d want you to check

Read the reserve fund study with the pool, hot tub and elevators in mind; at about 20 years old, those systems are coming due. Resolve which company manages the building, since sources disagree. Ask whether any facilities are shared with 35 Bales and read the agreement if they are. I could not find the pet or leasing rules published, so read them in the status certificate.

The value question

At about $831 per square foot with a lower fee per square foot than its twin and a fuller amenity list, Cosmo Two is one of the better-value ways into Yonge and Sheppard. The price is driven by location, so it should hold up as long as the corporation stays healthy. I would look at a suite in each tower, compare the two status certificates, and buy the stronger corporation.

Free building report: Cosmo Two

Send me your email and I’ll put together a current report on Cosmo Two — 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

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Your details go to me only, never sold or shared. Prefer a set time? Book a 15-minute call.

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.

Cosmo Two — frequently asked questions

Is Cosmo Two the same building as Cosmo Residences?

No. Cosmo Two at 31 Bales is TSCC-1782, and Cosmo Residences at 35 Bales is TSCC-1768. They are separate corporations.

Does Cosmo Two have a pool?

Yes, REW lists a pool, hot tub, sauna, gym and yoga studio.

How big is Cosmo Two?

It has 23 storeys and 284 suites, and it was completed in 2006.

What size are the suites?

Condos.ca shows about 410 to 1,340 square feet, from studio-sized suites to two-bedrooms.

What do the maintenance fees include?

Condos.ca lists common elements, building insurance, parking and water. Heat and hydro are not listed.

How much are the fees per square foot?

On the suites listed when I checked, they were about $0.83 per square foot.

Who manages Cosmo Two?

Sources conflict. Condos.ca lists Crossbridge Condominium Services, while REW lists Brookfield Condominium Services, so check the status certificate.

Who built Cosmo Two?

I could not confirm the developer from the sources I checked. The declaration will name the declarant.

Is it better than Cosmo Residences next door?

On paper, Cosmo Two has a fuller amenity list and a lower fee per square foot. The deciding factor should be each corporation’s reserve fund and fee history.

Who is Cosmo Two best for?

First-time buyers, investors and commuters who want a small suite near the subway with a pool and gym in the building.

How much do condos at Cosmo Two sell for?

Over the last 12 months the median resale at Cosmo Two was $565,000, across 6 sales. The typical unit sold in 15 days at about 98% of the asking price. That works out to roughly $793 per square foot.

How much is rent at Cosmo Two?

The median lease at Cosmo Two over the last 12 months was $2,450/mo, from 33 leases. Units typically leased in 17 days.

What does each unit type cost at Cosmo Two?

Over the last 24 months: One-bedrooms sold for a median $494,500 and rented for $2,163/mo; Two-bedrooms rented for $3,000/mo. Each median uses three or more deals.

Are prices at Cosmo Two up or down since 2022?

Down about 23%. The median sold price per square foot was $1,032 in 2022 and $793 over the last 12 months. Pricing off 2022 comparables is the most common mistake sellers make here.

What rental yield does Cosmo Two offer an investor?

At a median price of $565,000 and a median rent of $2,450 a month, the gross yield is about 5.2%, 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 Cosmo Two?

Mostly renters. Of the deals here in the last 24 months, 81% were leases and 19% were sales.

Can you Airbnb a unit at Cosmo Two?

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 Cosmo Two 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 Cosmo Two zoned for?

For TDSB public schools, the address is zoned for Avondale Public School (Elementary, JK–8), Georges Vanier 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 Cosmo Two?

The nearest subway is Sheppard-Yonge station (Line 1 Yonge–University), 0.1 km away; the nearest GO station is Oriole GO on the Richmond Hill line, 3.6 km; the closest bus is the Sheppard Central (TTC bus). Distances are straight-line from the building.

What is the Walk Score of Cosmo Two?

Walk Score 98, Transit Score 90 and Bike Score 52. Most daily errands can be done on foot.

What restaurants and shops are near Cosmo Two?

Within about a 10-minute walk: Glow Food (Restaurant), Momo Coffee (Coffee), Super Chicken (Chicken), Burrito Boyz (Mexican), Eat Bkk Thai Kitchen (Thai). The closest grocery store is No Frills, 0.1 km away.

Which parks are near Cosmo Two?

Avonshire Parkette, Avondale Park, Albert Standing Park are the closest green spaces.

What is my unit at Cosmo Two 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 Cosmo Two 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.

Still have a question about Cosmo Two?Ask me directly: a 15-minute call, no pressure.
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What moved the number

Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.

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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.

How this works — your estimate comes from a model built on recent Toronto & GTA condo sale data, weighting area, size, layout, floor, exposure, view, parking, locker, age and condition. It is an automated estimate for information only — not an appraisal and not a Comparative Market Analysis. Condo values also depend on the building’s reserve fund, maintenance fees, recent special assessments and status certificate, none of which a model can read. Ask me for a written CMA before you make a decision.

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 Cosmo Two, 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

Figures on this page were compiled from publicly available sources including condos.ca, strata.ca, City of Toronto open data and developer materials as at October 2026, and are provided for general information only. Sources frequently disagree on unit counts, storeys, square footage and maintenance-fee inclusions, and pricing changes constantly — where sources conflicted I’ve said so rather than picking one. Nothing here is an appraisal, a valuation, or a substitute for a status certificate reviewed by your lawyer. Verify all figures independently before making a decision. Jatin Dua, Broker of Record, RE/MAX Quantum Realty. Not intended to solicit buyers or sellers currently under contract. E. & O.E.

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© 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.

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