2505-308 Jarvis Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13206014

$724,999
For Sale
Listed 57 days ago
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3Bedrooms
2Bathrooms
0Parking
600-699Sq Ft

About this home

Step Into The 2-Bedroom + Den, 2-Bathroom Suite In The JAC Condos. This Bright & Spacious Condo is designed for both comfort and style, offering the perfect blend of urban convenience and contemporary living. This 697 Sq. Ft. Unit Features 9-Foot Smooth Ceilings, Large Windows For Abundant Natural Light, 2 Balconies with a total of 122 Sq. Ft, Thoughtfully Laid-Out Open Concept Living And Dining Area Featuring Wide Plank Laminate Flooring Throughout, Modern Kitchen With Quartz Countertops, Integrated/Built-In Appliances, And Sleek Cabinetry. Spacious Primary Bedroom With Private Ensuite, Well Proportioned Second Bedroom, And Versatile Den Ideal For A Home Office Or Study Space. JAC condos offers 5-star amenities including a Sun Deck for relaxation, Rooftop BBQ terrace with stunning views, a state-of-the-art fitness & yoga studio, Meditation Room, Media & E-Sports Lounge, Coffee Bar, Pet Spa, Party Room, Meeting Room, library and even a gardening room. It is harmonious blend of modern living and vibrant community, delivering a fulfilling experience for residents seeking a dynamic and well-appointed urban sanctuary. Walk Score of 98, Steps away from Ryerson University, Allan Gardens, and the vibrant Yonge-Dundas Square. Jarvis and Carlton is a lively destination fueled by art, fashion, food, and an urban green scene that says this is the ultimate downtown. Close proximity to the College Subway Station, Eaton Centre, Loblaws, and St. Michaels Hospital. A short stroll takes you to the University of Toronto, Financial District, and the Distillery District. Easy access to Subway, TTC streetcars and major highways. MOTIVATED SELLER!!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13206014
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
600-699
Cross streets
Jarvis St & Carlton St
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Metal/Steel Siding
Maintenance
$535/mo
Exposure
North East
Property tax
$5,820 / 2026
Days on market
57
Listing brokerage
RE/MAX REALTY SERVICES INC.

Rooms

KitchenMain5.77 × 2.44 m

combined w/dining · combined w/living · quartz counter

Living RoomMain5.77 × 2.44 m

combined w/dining · combined w/dining · window floor to ceiling

Dining RoomMain5.77 × 2.44 m

combined w/kitchen · laminate · open concept

BedroomMain3.05 × 2.82 m

laminate · 4 pc ensuite · window floor to ceiling

Bedroom 2Main2.72 × 2.18 m

mirrored closet · laminate · window floor to ceiling

DenMain1.88 × 1.83 m

combined w/dining · laminate · window floor to ceiling

Our TakeTeam Asgarian · Broker
Above comparables
$606Kest. value

Listed at $724,999, and my independent estimate is about 20% above what comparable homes suggest.

In Church-Yonge Corridor lately, sellers get about 96% of asking; homes sell in ~34 days.

List price
$550KGreat deal$725KOverpriced

Total price vs nearby homes. Fair value about $606K, median of 56 comparables.

How this estimate is builtthe short version

I take the 56 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 $971K, higher than the comparables and worth a second look.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 56 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Church-Yonge Corridor · asking prices
$717kavg asking

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

1812-308 Jarvis Street$700k3303-85 Wood Street$699k4116-85 Wood Street$688k507-252 Church Street$670k4202-501 Yonge Street$828k

The 5 closest of 6 active listings nearby.

See all comparable homes
725kThis home700k699k688k670k828kThis home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $625K
$1,116this home / sqft
55active listings nearby
57days on market
100sold nearby · 90 days
$607Kmedian sold price
96%of asking, on average

This home lists 21% above the area average of $924/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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
$638K
Moss Park
$894K
Waterfront Communities C1
$578K
Niagara
$550K
Mimico
$524K

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 Church Street Junior Public School
73%
Church Street Junior Public SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$3,304/mo
$156KIncome needed
4.7×Price ÷ income
$763Weekly 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.

76%mortgage
Mortgage $3,304Property tax $485Condo fee $535Total carry $4,324

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,095per month

Mortgage amount $579,999 · 4.14% over 25 years

$145,000Down payment (20.0%)
$579,999Loan before insurance
$0CMHC premium
$4,115Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,095
Property tax
$485
Condo / maintenance fees
$535
Heating
$0
Estimated monthly cost
$4,115

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

One-time closing costs

Ontario land transfer tax
$10,975
Toronto municipal land transfer tax
$10,975
Estimated closing costs
$21,950

Plus your down payment of $145,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,759/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

$348,528Total interest paid
$928,527Total of all payments
Principal $579,999 Interest $348,528
YearPrincipalInterestBalance
1$13,587$23,554$566,412
2$14,156$22,985$552,256
3$14,748$22,393$537,508
4$15,365$21,776$522,144
5$16,007$21,134$506,136
6$16,677$20,464$489,459
7$17,375$19,767$472,085
8$18,101$19,040$453,983
9$18,858$18,283$435,125
10$19,647$17,494$415,478
11$20,469$16,672$395,009
12$21,325$15,816$373,683
13$22,217$14,924$351,466
14$23,147$13,995$328,320
15$24,115$13,026$304,205
16$25,123$12,018$279,081
17$26,174$10,967$252,907
18$27,269$9,872$225,638
19$28,410$8,731$197,228
20$29,598$7,543$167,630
21$30,836$6,305$136,794
22$32,126$5,015$104,668
23$33,470$3,671$71,198
24$34,870$2,271$36,328
25$36,328$813$0

At the end of your 5-year term

Total paid over the term
$185,705
Principal paid down
$73,863
Interest paid
$111,842
Balance remaining
$506,136

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
1.2%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.

3.4%
Gross yield
− Property tax $5,820− Condo fees $6,415− Insurance $600− Vacancy & upkeep $2,706Net operating income $9,059

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

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