1609-15 Maitland Place, Toronto, ON
Cabbagetown-South St. James Town, Toronto · MLS® C13163514
About this home
Welcome to L'Esprit Condominiums located at 15 Maitland Place - offering a true executive lifestyle living experience in the heart of downtown Toronto. This spacious 1-bedroom plus large separate den/family room is approx. 810 sq. ft., which makes it over 200 sq. ft. larger than the Toronto average for a 1-bedroom+den of similar price point. The versatile den/family room easily converts into a second bedroom/nursery or private home office (see floor plan/video). The bright, spacious layout features a modern updated kitchen with designer offered ceiling, updated bathroom with walk in shower and modern tile, updated lighting, and vanity. The unit features a stunning 30 foot wall of floor-to-ceiling windows showcasing spectacular views overlooking the south courtyard, city and lake views. Ideal for investors with easy to manage all inclusive maintenance fee, executive couple working from home with the multiple boardrooms and lounges, or the buyer trading down from the big house in the suburbs. This highly sought-after executive style building offers resort-style amenities: rooftop tennis court and running track, indoor basketball, squash courts, atrium-style pool, modern gym with free weights/cardio, private bistro, multiple boardrooms, Stylish library, video lounge, expansive modern party room and other renovated lounge areas. Includes deeded parking, a storage locker, and all utilities included in the maintenance fees. New common EV charging stations being considered and likely approved. Experience unmatched value, space, and lifestyle-book your viewing and include a tour of the exceptional amenities, don't delay!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13163514
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 1
- Size
- 800-899
- Cross streets
- Jarvis/Wellesley
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,025/mo
- Exposure
- South
- Property tax
- $2,737 / 2025
- Days on market
- 62
- Listing brokerage
- REAL ESTATE HOMEWARD
Rooms
double closet · tile floor
south view · picture window
combined w/living · window floor to ceiling
closet · tile floor
double closet · double doors · south view
4 pc ensuite · undermount sink · tile floor
window floor to ceiling · south view · combined w/dining
updated · coffered ceiling(s) · tile floor
Listed at $550,000, and my independent estimate is about 9% below comparable homes, worth a close look.
In Cabbagetown-South St. James Town lately, sellers get about 95% of asking; homes sell in ~31 days · prices down 11% YoY.
Total price vs nearby homes. Fair value about $602K, median of 4 comparables.
How this estimate is builtthe short version
I take the 4 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $608K, a close match.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Based on 4 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 7% below the area average of $698/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Cabbagetown-South St. James Town, Toronto, ON
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) →
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 23, 2026); conventional rates run a little higher.
Mortgage amount $440,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,348
- Property tax
- $228
- Condo / maintenance fees
- $1,025
- Heating
- $0
- Estimated monthly cost
- $3,601
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,475
- Toronto municipal land transfer tax
- $7,475
- Estimated closing costs
- $14,950
Plus your down payment of $110,000. 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
- $140,880
- Principal paid down
- $56,034
- Interest paid
- $84,846
- Balance remaining
- $383,966
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 REAL ESTATE HOMEWARD. MLS®/PropTx.