1011 - Lease-50 McCaul Street, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13091300

$2,500/mo
For Lease
Listed 77 days ago
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◎ Directions
1Bedrooms
1Bathrooms
0Parking
0-499Sq Ft
20+ schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Luxury Tridel "Form"! Beautiful 1 Bedroom Condo With 9' Ceiling, 492 S.F. Open Concept Living/Dining Area With A Juliette Balcony Window. Open Kitchen With Quartz Countertop & Backsplash & Stainless Steels Appliances. Walks To Subway, TTC, Financial District, U Of T, OCAD, Ryerson University. Art Gallery Of Ontario, St. Eaton Center, Lawrence Market, Boutique Shops, Restaurants and Cafes. Incredible Building Amenities W/24 Hrs Concierge & Security, State-of-art Fitness Centre, Party/Meeting Room, Rooftop Deck/Garden Terrace, Outdoor Lounge And Visitor Parking.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13091300
Bedrooms
1
Bathrooms
1
Size
0-499
Cross streets
Queen And University.
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Exposure
East
Days on market
77
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Primary BedroomFlat2.74 × 3.48 m

laminate · window floor to ceiling

Dining RoomFlat3.18 × 3.18 m

laminate · open concept · combined w/living

KitchenFlat3.38 × 1.96 m

laminate · quartz counter · stainless steel appl

Living RoomFlat3.18 × 3.18 m

laminate · juliette balcony · combined w/dining

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent leases and give you a straight answer on what it will really take.

The assigned public school is Ogden 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. Stephanie Street is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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. Lifestyle
Comparable listingsCurrently listed nearby in Kensington-Chinatown · asking prices
$2,360avg asking

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

805-297 College Street$2,5001636-230 Simcoe Street$2,400602-280 Dundas St W$2,350713-280 Dundas Street$2,3002112-280 Dundas Street$2,250

The 5 closest of 8 active listings nearby.

See all comparable homes
2,500This home2,5002,4002,3502,3002,250This home vs active comparables
Live market pulseActive comparables in Kensington-Chinatown · median list $2K
11active listings nearby
77days on market
100leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Kensington-Chinatown, 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

99/ 100

Walker's ParadiseA 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 OpenStreetMap contributors.

Most daily errands can be done on foot.

🚉 Nearest transit: Stephanie Street, about 68 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.

Waterfront Communities C1
$3K
Bay Street Corridor
$3K
Church-Yonge Corridor
$3K
Moss Park
$2K
Niagara
$3K

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 Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$11/mo
$4KIncome needed
0.6×Price ÷ income
$3Weekly 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.

88%mortgage
Mortgage $11Property tax $2Total carry $13

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11per month

Mortgage amount $2,000 · 4.14% over 25 years

$500Down payment (20.0%)
$2,000Loan before insurance
$0CMHC premium
$12Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12

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

One-time closing costs

Ontario land transfer tax
$13
Toronto municipal land transfer tax
$13
Estimated closing costs
$25

Plus your down payment of $500. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$13/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

$1,202Total interest paid
$3,202Total of all payments
Principal $2,000 Interest $1,202
YearPrincipalInterestBalance
1$47$81$1,953
2$49$79$1,904
3$51$77$1,853
4$53$75$1,800
5$55$73$1,745
6$58$71$1,688
7$60$68$1,628
8$62$66$1,565
9$65$63$1,500
10$68$60$1,433
11$71$57$1,362
12$74$55$1,289
13$77$51$1,212
14$80$48$1,132
15$83$45$1,049
16$87$41$962
17$90$38$872
18$94$34$778
19$98$30$680
20$102$26$578
21$106$22$472
22$111$17$361
23$115$13$246
24$120$8$125
25$125$3$0

At the end of your 5-year term

Total paid over the term
$640
Principal paid down
$255
Interest paid
$386
Balance remaining
$1,745

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.

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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