PH5-65 Scadding Avenue, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13143236

$559,999
For Sale
Listed 65 days ago
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◎ Directions
1Bedrooms
1Bathrooms
1Garage
600-699Sq Ft
8 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

St Lawrence on the Park is a mid-rise condo building located within an area of cultural and heritage significance. All within walking distance to the St Lawrence Market and Distillery District. The area has been featured in films and commercials. Bicycle tracks integrate the community with downtown. Future home of the Metrolinx Corktown station on the adjacent block. This Penthouse Suite faces David Crombie Park; known for it's basketball court. As you step into this charming condo, your gaze is drawn to the inviting wood burning fireplace, the heart of the living space. Imagine hosting intimate gatherings, sharing stories and laughter as the crackling fire creates an ambience of comfort and connection. Additionally, a new Daikin high efficient HVAC system ( as of January 2026 ). The dining and bed room feature large floor to ceiling windows for an abundance of natural light. The elegant designed bathroom features a glass enclosed shower with a rain drop shower head. Two utility rooms for extra storage and laundry ensuite. Pet friendly building and a great community.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13143236
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Front E and Parliament
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Flat
Maintenance
$804/mo
Exposure
North
Property tax
$2,692 / 2026
Days on market
65
Listing brokerage
INTERNATIONAL REALTY FIRM, INC.

Rooms

BedroomFlat6.21 × 3.14 m

california shutters · vinyl floor · overlooks park

KitchenFlat2.62 × 2.40 m

tile floor · double sink · dropped ceiling

LaundryFlat1.89 × 1.52 m

enclosed · combined w/kitchen · tile floor

BathroomFlat2.88 × 1.47 m

tile floor · glass doors · mirrored walls

Dining RoomFlat2.27 × 1.95 m

california shutters · vinyl floor · overlooks park

Living RoomFlat4.82 × 4.51 m

fireplace · vinyl floor · combined w/dining

Moe’s TakeTeam Asgarian · Broker
Above comparables
$455Kest. value

Listed at $559,999, this home is about 23% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($862/sqft) is below the area, so you are paying for extra space rather than a premium.

In Waterfront Communities C8 lately, sellers have been getting about 97% of asking and homes sell in about 31 days.

Based on 4 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 4 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $531K, a bit higher.

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 $400K
  • Bedrooms −$15K
  • Adjusts to $385K

That comparable adjusts to $385K; the $455K estimate above is the median of all 4 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 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. Princess Street is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$430KGreat deal$560KOverpriced

Total price vs nearby homes. Fair value about $455K, median of 4 comparables.

Comparable listingsCurrently listed nearby in Waterfront Communities C8 · asking prices
$564kavg asking

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

2506-8 The Esplanade$589k3704-70 Distillery Lane$619k625-12 Bonnycastle Street$500k528-109 Front Street$550k

The 4 closest active listings nearby.

See all comparable homes
560kThis home589k619k500k550kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $599K
$862this home / sqft
42active listings nearby
65days on market
100sold nearby · 90 days
$600Kmedian sold price
97%of asking, on average

This home lists 8% below the area average of $942/sqft.

64 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

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

100/ 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: Princess Street, about 74 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.

Moss Park
$552K
Church-Yonge Corridor
$527K
Bay Street Corridor
$506K
Waterfront Communities C1
$591K
Niagara
$590K

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 · 0.1 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,552/mo
$123KIncome needed
4.6×Price ÷ income
$589Weekly 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.

71%mortgage
Mortgage $2,552Property tax $224Condo fee $804Total carry $3,580

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)
$2,391per month

Mortgage amount $447,999 · 4.14% over 25 years

$112,000Down payment (20.0%)
$447,999Loan before insurance
$0CMHC premium
$3,419Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,391
Property tax
$224
Condo / maintenance fees
$804
Heating
$0
Estimated monthly cost
$3,419

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

One-time closing costs

Ontario land transfer tax
$7,675
Toronto municipal land transfer tax
$7,675
Estimated closing costs
$15,350

Plus your down payment of $112,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,904/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

$269,208Total interest paid
$717,207Total of all payments
Principal $447,999 Interest $269,208
YearPrincipalInterestBalance
1$10,495$18,193$437,504
2$10,934$17,754$426,570
3$11,391$17,297$415,179
4$11,868$16,820$403,311
5$12,364$16,324$390,946
6$12,882$15,807$378,065
7$13,420$15,268$364,645
8$13,982$14,707$350,663
9$14,567$14,122$336,096
10$15,176$13,512$320,921
11$15,811$12,878$305,110
12$16,472$12,216$288,638
13$17,161$11,527$271,477
14$17,879$10,810$253,598
15$18,627$10,062$234,972
16$19,406$9,283$215,566
17$20,217$8,471$195,349
18$21,063$7,625$174,286
19$21,944$6,744$152,342
20$22,862$5,826$129,480
21$23,818$4,870$105,661
22$24,815$3,874$80,847
23$25,853$2,836$54,994
24$26,934$1,754$28,060
25$28,060$628$0

At the end of your 5-year term

Total paid over the term
$143,441
Principal paid down
$57,053
Interest paid
$86,389
Balance remaining
$390,946

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$2,050/mo
$24,600Gross annual rent
1.6%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.

4.4%
Gross yield
− Property tax $2,692− Condo fees $9,645− Insurance $600− Vacancy & upkeep $2,706Net operating income $8,957

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

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