506-155 St Clair Avenue, Toronto, ON
Casa Loma, Toronto · MLS® C13219706
About this home
This is the condo that checks virtually every box. Almost 2,400 sq ft of luxury living space plus a huge 580 sq ft terrace. South and west views catch an abundance of natural sunshine. The terrace is equipped with both a gas line for a BBQ, an irrigation system and a hose bib for your gardening. Inside, two spacious bedrooms both with walk outs to the 350 sq ft Balcony. The primary bedroom contains two walk in closets, built ins, motorized window blinds and a 5 piece bathroom with heated floors. The spacious second bedroom maintains a 4 piece ensuite bathroom and a walk out to the balcony. A good size den/office is perfect for those wishing to work from home. The designer kitchen boasts a sub zero fridge, wolf ovens and gas cook top and a miele dishwasher. A convenient sliding door allows for breakfast on the balcony or terrace. The palatial living/dining areas are accented by a 9 foot ceiling, pot lights, gas fireplace and a walkout to the terrace. The terrace of suite 506 is what truly makes this property special. South and west facing and open to the heavens! The combined living and dining areas will ensure plenty of space for major family events. Suite 506 contains both plenty of storage within the unit plus a large external storage locker, which is located just steps from Two side by side parking spaces (without a pillar between them) The building maintains many features that one would come to expect including Valet parking, and indoor swimming pool and hot tub, an outstanding gym, yoga room and of course a party room with a large functional catering kitchen for all of your special events.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13219706
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 2250-2499
- Cross streets
- St Clair Ave West/ Avenue Rd
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $3,449/mo
- Exposure
- South West
- Property tax
- $17,525 / 2026
- Days on market
- 52
- Listing brokerage
- WEISS REALTY LTD.
Rooms
combined w/living · hardwood floor · hardwood floor
Hardwood Floor
breakfast area · w/o to balcony
2 pc bath · stone floor · closet
w/o to terrace · gas fireplace · hardwood floor
4 pc ensuite · w/o to balcony · broadloom
5 pc ensuite · walk-in closet(s) · w/o to balcony
Listed at $3,250,000, this home is about 30% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
In Casa Loma lately, sellers have been getting about 96% of asking and homes sell in about 36 days.
Based on 3 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 3 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $4.28M, a close match.
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, sold for $5.15M
- Size difference −$212K
- Bedrooms −$30K
- Adjusts to $4.91M
That comparable adjusts to $4.91M; the $4.66M estimate above is the median of all 3 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
Its public catchment (Brown Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $4.66M, median of 3 comparables.
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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Primary suite: a key comfort and resale feature. Lifestyle
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 28% below the area average of $1,905/sqft.
51 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Casa Loma, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $2,600,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $13,875
- Property tax
- $1,460
- Condo / maintenance fees
- $3,449
- Heating
- $0
- Estimated monthly cost
- $18,784
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $67,725
- Toronto municipal land transfer tax
- $70,225
- Estimated closing costs
- $137,950
Plus your down payment of $650,000. 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
- $832,474
- Principal paid down
- $331,111
- Interest paid
- $501,363
- Balance remaining
- $2,268,889
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 WEISS REALTY LTD.. MLS®/PropTx.