602-18 Stafford Street, Toronto, ON

Niagara, Toronto · MLS® C12907082

$680,888
For Sale
Listed 118 days ago
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2Bedrooms
1Bathrooms
1Garage
700-799Sq Ft

About this home

Bright and contemporary, Unit 602 at 18 Stafford Street is a spacious one-bedroom plus den in the heart of King West Village. This open-concept suite features abundant natural light, a functional layout, and a private balcony with urban views. The versatile den is perfect for a home office or guest space. Located in the boutique Wellington Square building, residents enjoy a fitness centre, party room, and rooftop terrace with BBQs. Steps to Queen West, Trinity Bellwoods, Liberty Village, transit, shops, and dining. Unit is currently tenanted.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12907082
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
700-799
Cross streets
King And Strachan
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Brick
Maintenance
$548/mo
Exposure
South
Property tax
$2,979 / 2025
Days on market
118
Listing brokerage
RIGHT AT HOME REALTY

Rooms

DenMain3.05 × 2.36 m

Hardwood Floor

FoyerMain2.18 × 1.78 m

hardwood floor · closet

BedroomMain3.91 × 2.74 m

walk-in closet(s) · hardwood floor · large window

Living RoomMain3.58 × 3.20 m

hardwood floor · w/o to balcony

Dining RoomMain3.18 × 2.13 m

hardwood floor · w/o to balcony

KitchenMain3.15 × 2.57 m

hardwood floor · breakfast bar · backsplash

Moe’s TakeTeam Asgarian · Broker
Above comparables
$648Kest. value

Listed at $680,888, this home is about 5% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($908/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 30 similar homes nearby, adjusted for size, beds, and baths.Median of 30 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $610K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $718K
  • Adjusts to $718K

That comparable adjusts to $718K; the $648K estimate above is the median of all 30 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Niagara Street Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Strachan Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$585KGreat deal$681KOverpriced

Total price vs nearby homes. Fair value about $648K, median of 30 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Open-concept layout: modern, sought-after flow.
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby in Niagara · asking prices
$661kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

2303-80 Western Battery Road$718k3211-215 FORT YORK Boulevard$650k702-100 Western Battery Road$588k110-628 Fleet Street$749k121-231 Fort York Boulevard$599k

The 5 closest of 8 active listings nearby.

See all comparable homes
681kThis home718k650k588k749k599kThis home vs active comparables
Live market pulseActive comparables in Niagara · median list $579K
$908this home / sqft
67active listings nearby
118days on market

This home lists 4% above the area average of $871/sqft.

117 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Niagara, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

83/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Strachan Ave, about 72 m away

20+ transit stops18 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterfront Communities C1
$680K
Church-Yonge Corridor
$644K
Annex
$929K
Mimico
$872K
Banbury-Don Mills
$500K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Niagara Street Junior Public School
82%
Niagara Street Junior Public SchoolPublic · Elementary · 0.3 km awayAbove the GTA average · 82% meet the provincial standard

Affordability & Mortgage

Affordability
$3,103/mo
$140KIncome needed
4.9×Price ÷ income
$716Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

80%mortgage
Mortgage $3,103Property tax $248Condo fee $548Total carry $3,900

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,907per month

Mortgage amount $544,710 · 4.14% over 25 years

$136,178Down payment (20.0%)
$544,710Loan before insurance
$0CMHC premium
$3,703Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,907
Property tax
$248
Condo / maintenance fees
$548
Heating
$0
Estimated monthly cost
$3,703

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$10,093
Toronto municipal land transfer tax
$10,093
Estimated closing costs
$20,186

Plus your down payment of $136,178. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,531/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$327,323Total interest paid
$872,033Total of all payments
Principal $544,710 Interest $327,323
YearPrincipalInterestBalance
1$12,761$22,121$531,950
2$13,294$21,587$518,655
3$13,851$21,031$504,805
4$14,430$20,451$490,375
5$15,033$19,848$475,341
6$15,662$19,219$459,679
7$16,317$18,564$443,362
8$17,000$17,881$426,362
9$17,711$17,170$408,651
10$18,452$16,429$390,199
11$19,224$15,658$370,975
12$20,028$14,854$350,947
13$20,865$14,016$330,082
14$21,738$13,143$308,344
15$22,648$12,234$285,696
16$23,595$11,286$262,101
17$24,582$10,300$237,519
18$25,610$9,271$211,909
19$26,681$8,200$185,228
20$27,797$7,084$157,431
21$28,960$5,921$128,471
22$30,171$4,710$98,300
23$31,433$3,448$66,866
24$32,748$2,133$34,118
25$34,118$763$0

At the end of your 5-year term

Total paid over the term
$174,407
Principal paid down
$69,369
Interest paid
$105,038
Balance remaining
$475,341

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,400/mo
$28,800Gross annual rent
2.3%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.2%
Gross yield
− Property tax $2,979− Condo fees $6,578− Insurance $600− Vacancy & upkeep $3,168Net operating income $15,476

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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