521-195 McCaul Street, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13111116

$699,000
For Sale
Listed 73 days ago
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1Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

The Bread Company Condos (2024). Bright and functional 1+1 bedroom offering stylish loft living with modern finishes throughout. Features exposed 9-ft concrete ceilings, open-concept layout, and west exposure with floor-to-ceiling windows and glass slidingdoors that flood the space with natural light. The sleek kitchen offers ample storage and integrated stainless steel appliances, including a GAS stove. Separate den provides flexible additional space for a home office or guest area. Spa-inspired four-piece bathroom showcases marble tile,soaker tub, and a large vanity with generous storage. PARKING INCLUDED. This convenient location truly has it all. Just steps to St. Patrick Station, the Dundas streetcar, University of Toronto, Queen's Park, Art Gallery of Ontario, Grange Park, Baldwin Village, Mount Sinai Hospital, Toronto General Hospital and Sick Kids Hospital. Minutes to Kensington Market, the Entertainment, Financial, and Fashion Districts. Surrounded by a vibrant mix of cultural restaurants, fitness clubs and gyms, chic cafés, upscale bars, and premier shopping in Queen West.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13111116
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
University Avenue & Elm Street
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$565/mo
Exposure
West
Property tax
$4,147 / 2025
Days on market
73
Listing brokerage
ROYAL LEPAGE URBAN REALTY
Our 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 sales and give you a straight answer on what it will really take.

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

Comparable listingsCurrently listed nearby in Kensington-Chinatown · asking prices
$493kavg asking

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

209-18 Beverley Street$600k513-50 Mccaul Street$484k303-169 John Street$469k1002-426 University Avenue$465k1705-426 University Avenue$448k

The 5 closest of 8 active listings nearby.

See all comparable homes
699kThis home600k484k469k465k448kThis home vs active comparables
Live market pulseActive comparables in Kensington-Chinatown · median list $600K
$1,272this home / sqft
35active listings nearby
73days on market
100sold nearby · 90 days
$583Kmedian sold price
96%of asking, on average

This home lists 27% above the area average of $998/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

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.

Nearby neighbourhoods

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

Bay Street Corridor
$638K
Church-Yonge Corridor
$611K
Waterfront Communities C1
$578K
Moss Park
$894K
Niagara
$550K

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 Orde Street Public School
76%
Orde Street Public SchoolPublic · Elementary · 0.2 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$3,186/mo
$147KIncome needed
4.8×Price ÷ income
$735Weekly 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.

78%mortgage
Mortgage $3,186Property tax $346Condo fee $565Total carry $4,096

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,984per month

Mortgage amount $559,200 · 4.14% over 25 years

$139,800Down payment (20.0%)
$559,200Loan before insurance
$0CMHC premium
$3,895Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,984
Property tax
$346
Condo / maintenance fees
$565
Heating
$0
Estimated monthly cost
$3,895

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

One-time closing costs

Ontario land transfer tax
$10,455
Toronto municipal land transfer tax
$10,455
Estimated closing costs
$20,910

Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,624/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

$336,030Total interest paid
$895,230Total of all payments
Principal $559,200 Interest $336,030
YearPrincipalInterestBalance
1$13,100$22,709$546,100
2$13,648$22,161$532,452
3$14,219$21,590$518,233
4$14,814$20,995$503,419
5$15,433$20,376$487,986
6$16,079$19,730$471,907
7$16,751$19,058$455,155
8$17,452$18,357$437,703
9$18,182$17,627$419,521
10$18,943$16,866$400,578
11$19,735$16,074$380,843
12$20,561$15,249$360,283
13$21,421$14,389$338,862
14$22,317$13,493$316,546
15$23,250$12,559$293,296
16$24,222$11,587$269,073
17$25,236$10,573$243,838
18$26,291$9,518$217,546
19$27,391$8,418$190,155
20$28,537$7,272$161,619
21$29,730$6,079$131,888
22$30,974$4,835$100,914
23$32,270$3,540$68,645
24$33,619$2,190$35,026
25$35,026$784$0

At the end of your 5-year term

Total paid over the term
$179,046
Principal paid down
$71,214
Interest paid
$107,832
Balance remaining
$487,986

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
0.9%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.

2.9%
Gross yield
− Property tax $4,147− Condo fees $6,779− Insurance $600− Vacancy & upkeep $2,244Net operating income $6,630

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

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