3310-197 Yonge Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13165720

$2,450/mo
For Lease
Listed 61 days ago
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2Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

** Location ** Location ** Partially Furnished ** Located in Prime Downtown Toronto ** Just Front of Queen / Yonge Subway and CF Toronto Eaton Centre ** Back of Building is St. Michael Hospital ** Unobstructed Clear City View ** 1 bed + Den has door could be used 2nd bedroom, ** Subway is located just front of condo building, **A few steps to City of Toronto ** Closer to Dundas Square ** University of Toronto ** Ryerson University ** OCAD University ** CN Tower **Union Station ** Toronto General Hospital ** Mounte Sinai Hospital ** Sick Kids Children Hospital ** The Princess Margaret Cancer Centre ** Osgood Law Society ** Campbell House Museum , ** Rogers Centre ** Metro Toronto Convention Centre ** St. Lawrence Market ** Financial District ** Many Restaurants ** Students are Welcome-conditions apply ** No Smoking, No Pets Due to Allergies **

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13165720
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Yonge St./Queen St.
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
West
Days on market
61
Listing brokerage
CENTURY 21 KENNECT REALTY

Rooms

Living RoomFlat4.54 × 4.26 m

laminate · combined w/dining · w/o to balcony

KitchenFlat4.54 × 4.26 m

laminate · combined w/living · open concept

Primary BedroomFlat3.38 × 2.65 m

laminate · window

Dining RoomFlat4.54 × 4.26 m

laminate · combined w/living · w/o to balcony

DenFlat2.65 × 1.70 m

laminate · separate room · sliding doors

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,566/moest. value

Listed at $2,450/mo, this rental is about 5% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Church-Yonge Corridor lately, landlords have been getting about 100% of asking and homes lease in about 13 days.

Based on 8 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 8 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

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, leased for $2,452/mo
  • Adjusts to $2,452/mo

That comparable adjusts to $2,452/mo; the $2,566/mo estimate above is the median of all 8 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

The assigned public school is Lord Dufferin 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.

List price
$2,450/moBelow market$2,664/moAbove market

Total price vs nearby homes. Fair value about $2,566/mo, median of 8 comparables.

Comparable listingsCurrently listed nearby in Church-Yonge Corridor · asking prices
$2,525avg asking

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

609-55 Bloor Street$2,4501207-85 Bloor Street$2,5002907-55 Charles Street$2,5502011-1 Bloor Street$2,675515-403 Church Street$2,450

The 5 closest of 7 active listings nearby.

See all comparable homes
2,450This home2,4502,5002,5502,6752,450This home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $3K
59active listings nearby
61days on market
100leased nearby · 90 days
$3Kmedian leased price
100%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

Church-Yonge Corridor, 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
$3K
Waterfront Communities C8
$2K
Waterfront Communities C1
$3K
Regent Park
$3K
Niagara
$4K

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 Lord Dufferin Junior and Senior Public School
55%
Lord Dufferin Junior and Senior Public SchoolPublic · Elementary · 1.3 km awayBelow the GTA average · 55% 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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10per month

Mortgage amount $1,960 · 4.14% over 25 years

$490Down payment (20.0%)
$1,960Loan before insurance
$0CMHC premium
$12Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10
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
$12
Toronto municipal land transfer tax
$12
Estimated closing costs
$25

Plus your down payment of $490. 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

$1,178Total interest paid
$3,138Total of all payments
Principal $1,960 Interest $1,178
YearPrincipalInterestBalance
1$46$80$1,914
2$48$78$1,866
3$50$76$1,816
4$52$74$1,764
5$54$71$1,710
6$56$69$1,654
7$59$67$1,595
8$61$64$1,534
9$64$62$1,470
10$66$59$1,404
11$69$56$1,335
12$72$53$1,263
13$75$50$1,188
14$78$47$1,109
15$81$44$1,028
16$85$41$943
17$88$37$855
18$92$33$763
19$96$30$666
20$100$25$566
21$104$21$462
22$109$17$354
23$113$12$241
24$118$8$123
25$123$3$0

At the end of your 5-year term

Total paid over the term
$628
Principal paid down
$250
Interest paid
$378
Balance remaining
$1,710

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 CENTURY 21 KENNECT REALTY. MLS®/PropTx.

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