3512-251 Jarvis Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13038080

$424,999
For Sale
Listed 90 days ago
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2Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Wake up to beautiful morning light and unobstructed east views from this bright and spacious 1+Den in the heart of Downtown Toronto. Enjoy coffee or evening relaxation on the large open balcony. Freshly painted with new flooring and modern light fixtures, this move-in-ready suite features a functional layout, versatile den, open-concept kitchen with quartz countertops and stainless steel appliances, plus one parking space and one locker.Enjoy resort-style amenities including a rooftop terrace, outdoor pool, gym, Sky Lounge, party room, BBQ areas, and 24-hour concierge. Steps to Eaton Centre, TMU, George Brown, Dundas subway, TTC, restaurants, hospitals, entertainment, and the Financial District. Downtown living at its best.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13038080
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
Dundas St E/ Jarvis St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$647/mo
Exposure
South West
Property tax
$2,337 / 2025
Days on market
90
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

DenMain2.62 × 1.98 m

Enclosed

Primary BedroomMain3.07 × 2.90 m

Laminate

Moe’s TakeTeam Asgarian · Broker
Below comparables
$499Kest. value

Listed at $424,999, this home is about 15% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

In Church-Yonge Corridor lately, sellers have been getting about 96% of asking and homes sell in about 34 days.

Based on 55 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 55 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $404K, 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, sold for $520K
  • Bedrooms +$16K
  • Adjusts to $536K

That comparable adjusts to $536K; the $499K estimate above is the median of all 55 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

The assigned public school is Lord Dufferin 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.

List price
$425KGreat deal$569KOverpriced

Total price vs nearby homes. Fair value about $499K, median of 55 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. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Church-Yonge Corridor · asking prices
$459kavg asking

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

4015-251 Jarvis Street$415k2501-88 Scott Street$399k603-77 Shuter Street$470k1401-403 Church Street$485k1409-18 Maitland Terrace$528k

The 5 closest of 8 active listings nearby.

See all comparable homes
425kThis home415k399k470k485k528kThis home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $555K
$773this home / sqft
56active listings nearby
90days on market
100sold nearby · 90 days
$612Kmedian sold price
96%of asking, on average

This home lists 14% below the area average of $904/sqft.

89 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

Church-Yonge Corridor, 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.

Nearby neighbourhoods

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

Bay Street Corridor
$471K
Moss Park
$519K
Waterfront Communities C8
$700K
Waterfront Communities C1
$593K
Mimico
$598K

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 Lord Dufferin Junior and Senior Public School
55%
Lord Dufferin Junior and Senior Public SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 55% meet the provincial standard

Affordability & Mortgage

Affordability
$1,937/mo
$96KIncome needed
4.4×Price ÷ income
$447Weekly 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.

70%mortgage
Mortgage $1,937Property tax $195Condo fee $647Total carry $2,779

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,814per month

Mortgage amount $339,999 · 4.14% over 25 years

$85,000Down payment (20.0%)
$339,999Loan before insurance
$0CMHC premium
$2,656Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,814
Property tax
$195
Condo / maintenance fees
$647
Heating
$0
Estimated monthly cost
$2,656

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

One-time closing costs

Ontario land transfer tax
$4,975
Toronto municipal land transfer tax
$4,975
Estimated closing costs
$9,950

Plus your down payment of $85,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,204/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

$204,309Total interest paid
$544,309Total of all payments
Principal $339,999 Interest $204,309
YearPrincipalInterestBalance
1$7,965$13,807$332,034
2$8,298$13,474$323,736
3$8,645$13,127$315,091
4$9,007$12,765$306,084
5$9,384$12,389$296,700
6$9,776$11,996$286,924
7$10,185$11,587$276,739
8$10,611$11,161$266,128
9$11,055$10,717$255,073
10$11,517$10,255$243,556
11$11,999$9,773$231,557
12$12,501$9,271$219,056
13$13,024$8,748$206,032
14$13,569$8,204$192,463
15$14,136$7,636$178,327
16$14,728$7,045$163,599
17$15,344$6,429$148,256
18$15,985$5,787$132,270
19$16,654$5,118$115,616
20$17,351$4,422$98,266
21$18,076$3,696$80,189
22$18,832$2,940$61,357
23$19,620$2,152$41,737
24$20,441$1,331$21,296
25$21,296$476$0

At the end of your 5-year term

Total paid over the term
$108,862
Principal paid down
$43,299
Interest paid
$65,563
Balance remaining
$296,700

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$1,700/mo
$20,400Gross annual rent
1.8%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.

4.8%
Gross yield
− Property tax $2,337− Condo fees $7,764− Insurance $600− Vacancy & upkeep $2,244Net operating income $7,455

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

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