2502-158 Front Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13027864

$1,349,900
For Sale
Listed 87 days ago
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3Bedrooms
3Bathrooms
2Garage
1400-1599Sq Ft

About this home

* THIS UNIT QUALIFIES FOR THE NEW HOME HST REBATE** GREAT OPPORTUNITY to own this beautifully designed and rare 1435 sq. ft. 2 bedroom + Den, with 2.5 bathroom suite at the highly sought-after St. Lawrence Condominiums, situated in the heart of downtown Toronto. This spacious 25th floor unit features 9-foot ceilings and an open-concept living/dining area leading to a private balcony with unobstructed views - You must see it to believe it! The sleek, contemporary kitchen is equipped with integrated appliances, stone countertops and backsplash, offering both style and function. The primary bedroom is complete with a spa-like ensuite for ultimate comfort. All 3 closets are large and offer plenty of storage space. Located just steps from the iconic St. Lawrence Market, and within walking distance to Bay Street, the Esplanade, George Brown College, Metro University, U of T, and Union Station, convenience is truly at your doorstep. This exceptional suite includes two premium parking spots with lockers attached to each. Premium built-in panelled fridge, dishwasher, glass cooktop, oven, microwave, hood, ensuite laundry with large capacity Samsung washer, and dryer. The building offers an impressive range of amenities, including 24-hr concierge service, a rooftop pool and terrace, three floors of fitness space (cardio, weights, and yoga studio), visitor parking, guest suites, a billiards lounge, & much more. This unit provides the perfect blend of luxury, convenience, and modern living and is priced to sell welcome home!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13027864
Bedrooms
3 (2 + 1)
Bathrooms
3 (1 half)
Size
1400-1599
Cross streets
Front/Sherbourne
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,254/mo
Exposure
North East
Property tax
$7,070 / 2026
Days on market
87
Listing brokerage
SUTTON GROUP REALTY SYSTEMS INC.

Rooms

Primary BedroomFlat4.95 × 4.22 m

5 pc ensuite · walk-in closet(s)

Bedroom 2Flat4.34 × 3.12 m

4 pc ensuite · walk-in closet(s)

DenFlat1.83 × 1.80 m
Dining RoomFlat8.48 × 4.95 m

combined w/living · w/o to balcony

Living RoomFlat8.48 × 4.95 m

combined w/dining · w/o to balcony

KitchenFlat4.95 × 0.00 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.89Mest. value

Listed at $1,349,900, this home is about 29% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.53M, a bit lower.

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 $998K
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $1.04M

That comparable adjusts to $1.04M; the $1.89M estimate above is the median of all 7 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 Market Lane Junior and Senior 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. Sherbourne St at Front St East is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.35MGreat deal$1.95MOverpriced

Total price vs nearby homes. Fair value about $1.89M, median of 7 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C8 · asking prices
$1.79Mavg asking

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

324-55 Merchants' Wharf Street$1.70M5811-55 Cooper Street$1.78M815-39 Queens Quay$1.89M

The 3 closest active listings nearby.

See all comparable homes
1.35MThis home1.70M1.78M1.89MThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $1.05M
$900this home / sqft
17active listings nearby
87days on market

This home lists 14% below the area average of $1,047/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Waterfront Communities C8, 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

87/ 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: Sherbourne St at Front St East, about 39 m away

20+ transit stops20+ 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.

Church-Yonge Corridor
$574K
Waterfront Communities C1
$688K
Annex
$1.39M
Banbury-Don Mills
$500K
Mimico
$800K

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 Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$6,152/mo
$280KIncome needed
4.8×Price ÷ income
$1,420Weekly 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.

77%mortgage
Mortgage $6,152Property tax $589Condo fee $1,254Total carry $7,996

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,763per month

Mortgage amount $1,079,920 · 4.14% over 25 years

$269,980Down payment (20.0%)
$1,079,920Loan before insurance
$0CMHC premium
$7,606Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,763
Property tax
$589
Condo / maintenance fees
$1,254
Heating
$0
Estimated monthly cost
$7,606

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

One-time closing costs

Ontario land transfer tax
$23,473
Toronto municipal land transfer tax
$23,473
Estimated closing costs
$46,946

Plus your down payment of $269,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,000/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

$648,936Total interest paid
$1,728,856Total of all payments
Principal $1,079,920 Interest $648,936
YearPrincipalInterestBalance
1$25,299$43,855$1,054,621
2$26,357$42,797$1,028,264
3$27,459$41,695$1,000,805
4$28,608$40,546$972,197
5$29,805$39,350$942,392
6$31,051$38,103$911,341
7$32,350$36,804$878,990
8$33,703$35,451$845,287
9$35,113$34,041$810,174
10$36,582$32,572$773,592
11$38,112$31,042$735,480
12$39,706$29,448$695,774
13$41,367$27,787$654,407
14$43,097$26,057$611,309
15$44,900$24,254$566,409
16$46,778$22,376$519,631
17$48,735$20,419$470,896
18$50,773$18,381$420,123
19$52,897$16,257$367,226
20$55,110$14,045$312,116
21$57,415$11,739$254,701
22$59,816$9,338$194,885
23$62,318$6,836$132,566
24$64,925$4,229$67,641
25$67,641$1,513$0

At the end of your 5-year term

Total paid over the term
$345,771
Principal paid down
$137,528
Interest paid
$208,243
Balance remaining
$942,392

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$4,750/mo
$57,000Gross annual rent
2.1%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 $7,070− Condo fees $15,051− Insurance $600− Vacancy & upkeep $6,270Net operating income $28,009

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP REALTY SYSTEMS INC.. MLS®/PropTx.

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