1601-195 McCaul Street, Toronto, ON
Kensington-Chinatown, Toronto · MLS® C13198894
About this home
Just below the penthouse levels, this stunning west-facing suite offers unobstructed sunset views from the largest balcony available in the floorplan, complete with 1 parking space and 1 locker. A truly one-of-a-kind unit with no expense spared, featuring 9-foot ceilings, pot lights, and flush-mount LED lighting throughout. The fully upgraded kitchen showcases sleek black cabinetry, subway tile backsplash, and stainless steel appliances, perfectly complemented by exposed concrete walls and ceilings for a modern urban aesthetic. The spacious primary bedroom includes a double closet, private walkout to the balcony, and a beautifully upgraded 4-piece ensuite. Both bathrooms feature floor-to-ceiling tile finishes, creating a clean, luxurious feel throughout. Additional highlights include in-suite stacked laundry, a large front foyer closet, and a separate linen closet for added storage. Enjoy breathtaking city and sunset views with absolutely no buildings obstructing your sightlines. Unbeatable location in the heart of Toronto's renowned Health Science District, just steps to Mount Sinai Hospital, The Hospital For Sick Children, and Toronto General Hospital at Dundas St. W. & University Ave. Residents also enjoy premium building amenities including a 24-hour concierge, fitness studio, and more. The premium parking space is ideally positioned for easy access, located beside only one other vehicle and directly next to the unit's storage locker and additional bicycle storage. Extras: Blackout window coverings in the primary bedroom, blinds in the living area, largest balcony offered with this floorplan, 1 parking space, 1 locker, and all stainless steel appliances included.
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- C13198894
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 800-899
- Cross streets
- Dundas St/ McCaul St
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Concrete, Metal/Steel Siding
- Maintenance
- $779/mo
- Exposure
- South West
- Property tax
- $7,090 / 2025
- Days on market
- 51
- Listing brokerage
- UNION CAPITAL REALTY
Listed at $899,900, 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 75 similar homes nearby, adjusted for size, beds, and baths.Median of 75 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.38M, higher 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 $1.20M
- Bedrooms −$30K
- Adjusts to $1.17M
That comparable adjusts to $1.17M; the $900K estimate above is the median of all 75 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 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.
On location, this is a very walkable address with everyday errands close by. University Ave at Gerrard St West is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $900K, median of 75 comparables.
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 3% below the area average of $1,091/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Kensington-Chinatown, 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: University Ave at Gerrard St West, about 230 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 $719,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,842
- Property tax
- $591
- Condo / maintenance fees
- $779
- Heating
- $0
- Estimated monthly cost
- $5,212
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,473
- Toronto municipal land transfer tax
- $14,473
- Estimated closing costs
- $28,946
Plus your down payment of $179,980. 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
- $230,506
- Principal paid down
- $91,682
- Interest paid
- $138,824
- Balance remaining
- $628,238
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 UNION CAPITAL REALTY. MLS®/PropTx.