514-77 Lombard Street, Toronto, ON
Church-Yonge Corridor, Toronto · MLS® C13129142
About this home
"Two" good to be true? Not this time! Welcome to suite 514 at 77 Lombard St. This beautiful 2 storey condo has been meticulously cared for and loved by the same family for almost 10 years, and it is finally ready for you to make it your own. Listen, we know you're tired and uninspired from seeing the same layout, over and over and over again while shopping for the perfect condo, and you have probably felt like your dream of purchasing a special place to live is slowly fading away. The great news is that your resilience and your determination is going to pay off here. Unit 514 is exactly what you've been hoping for. Intelligently laid out 690 square feet spread across 2 full storeys, with cascading 16 foot ceiling height in the living room, a powder room for your guests, and a large, South facing balcony. The open concept kitchen with breakfast and prep island is fully equipped with stainless appliances, wood cabinets and flooring, and the primary loft style bedroom on the upper floor is complete with a private ensuite bathroom all to yourself. This location is unbeatable. You are located in the heart of the Church-Yonge Corridor, steps fantastic coffee/espresso shops, parks, TTC, George Brown Polytechnic, outstanding restaurants, and even a short walk to the historic St. Lawrence Market. You will be able to walk just about everywhere and with sunny days just around the corner (we can hope right?) this is the perfect timing for you to enjoy summer 2026 in the city. Exceptional value for the location, the layout and the size. Whether you are looking for an inspiring space to call home, or an investment that provides something unique, make your move today! Book your private visit before the opportunity is gone.
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- C13129142
- Bedrooms
- 1
- Bathrooms
- 2 (1 half)
- Size
- 600-699
- Cross streets
- Church St & Lombard St
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $730/mo
- Exposure
- South
- Property tax
- $2,594 / 2025
- Days on market
- 64
- Listing brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
Rooms
window floor to ceiling · electric fireplace
B/I Desk
combined w/laundry · 4 pc bath · tile floor
open concept · closet organizers · 4 pc ensuite
2 Pc Bath
wood · open concept
stainless steel appl · centre island · open concept
Listed at $589,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 84 similar homes nearby, adjusted for size, beds, and baths.Median of 84 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $445K, lower than the comparables and worth a second look.
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 $499K
- Bedrooms −$30K
- Bathrooms +$15K
- Adjusts to $484K
That comparable adjusts to $484K; the $603K estimate above is the median of all 84 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. Church St at Lombard St North Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $603K, median of 84 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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Open-concept layout: modern, sought-after flow.
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 14% below the area average of $1,051/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Church-Yonge Corridor, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Church St at Lombard St North Side, about 105 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $471,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,514
- Property tax
- $216
- Condo / maintenance fees
- $730
- Heating
- $0
- Estimated monthly cost
- $3,461
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,255
- Toronto municipal land transfer tax
- $8,255
- Estimated closing costs
- $16,510
Plus your down payment of $117,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $150,870
- Principal paid down
- $60,007
- Interest paid
- $90,862
- Balance remaining
- $411,193
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.