B-35 Spruce Street, Toronto, ON
Cabbagetown-South St. James Town, Toronto · MLS® C13210892
About this home
Tucked away in an exclusive Cabbage town enclave, this beautifully renovated freehold executive townhome offers a rare blend of privacy, luxury, and urban convenience. One of only six sought-after "Spruce Lane Townhomes," this spacious 3-bedroom, 2.5-bath residence is located on a quiet private interlocked laneway, perfect for families and professionals alike. The main floor features rich dark hardwood flooring, an open-concept living and dining area with gas fireplace, and a renovated chef-inspired kitchen with walkout to a charming private backyard complete with a deck perfect for BBQ area and entertaining. The second level offers a bright and spacious bedroom as well as an open concept bedroom(easily be converted back to a 3rd private bedroom) and a large bathroom. The third-floor primary retreat includes a private balcony, custom built-in closets, and a spa-like ensuite with shower, soaker tub, and double sinks. Lower level features a mudroom, laundry room with extra storage, powder room, and direct access to the oversized private garage. Ideally located steps to transit, parks, Riverdale Farm, shopping, cafés, and restaurants. A true Gem in a vibrant Toronto community.
Key facts
- Property type
- Townhouse, 3-Storey
- MLS®
- C13210892
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000
- Lot
- < .50 ac
- Cross streets
- Gerrard & Parliament
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Partial Basement
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,802 / 2025
- Days on market
- 50
- Listing brokerage
- NEW ERA REAL ESTATE
Rooms
Open Concept
combined w/dining · hardwood floor
hardwood floor · combined w/dining · fireplace
separate room · w/o to deck
south view · closet
his and hers closets · ensuite bath · hardwood floor
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairThe assigned public school is Sprucecourt 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. Gerrard St East at Parliament St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Lifestyle
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 20% below the area average of $986/sqft.
40 days longer than the Toronto average (10 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Cabbagetown-South St. James Town, 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: Gerrard St East at Parliament St, about 122 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 $1,103,999 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,891
- Property tax
- $567
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,458
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,075
- Toronto municipal land transfer tax
- $24,075
- Estimated closing costs
- $48,150
Plus your down payment of $276,000. 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
- $353,481
- Principal paid down
- $140,595
- Interest paid
- $212,886
- Balance remaining
- $963,405
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 NEW ERA REAL ESTATE. MLS®/PropTx.