506-155 St Clair Avenue, Toronto, ON

Casa Loma, Toronto · MLS® C13219706

$3,250,000
For Sale
Listed 141 days agoNo offer date stated
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2+1Bedrooms
3Bathrooms
2Garage
2250-2499Sq ft

About this home

In short

  • 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.
  • The primary bedroom contains two walk in closets, built ins, motorized window blinds and a 5 piece bathroom with heated floors.
  • The designer kitchen boasts a sub zero fridge, wolf ovens and gas cook top and a miele dishwasher.
  • 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...

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
2+1 (3 total)
Bathrooms
3 (1 half)
Size
2250-2499 sq ft
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
141
Listing brokerage
WEISS REALTY LTD.

Rooms

Dining RoomFlat7.35 × 3.45 m

combined w/living · hardwood floor · hardwood floor

DenFlat3.25 × 2.75 m

Hardwood Floor

LaundryFlat3.15 × 1.53 m
KitchenFlat4.89 × 4.49 m

breakfast area · w/o to balcony

Foyer1.87 × 2.92 m

2 pc bath · stone floor · closet

Living RoomFlat7.35 × 3.45 m

w/o to terrace · gas fireplace · hardwood floor

Bedroom 2Flat3.95 × 4.87 m

4 pc ensuite · w/o to balcony · broadloom

Primary BedroomFlat6.15 × 5.50 m

5 pc ensuite · walk-in closet(s) · w/o to balcony

Our TakeTeam Asgarian · Broker
A small discount is typical
$3.16Mlikely sale price

Listed at $3,250,000. Going by how homes in Casa Loma and the wider GTA have actually closed against their asking prices (about 97%, 16 local closings in 90 days), the likely sale price is near $3.16M, if it sells. A realistic range is $2.97M to $3.42M.

Independent value check: $3.20M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $2.97M and $3.36M).

Why $3.20M. The typical condo sold in Casa Loma over the past year went for about $945K (55 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $17,525 a year; the typical home sold here pays about $5,000.
  • ▲ Raises it stronglyIt is 2,250 to 2,499 sq ft; the typical home sold here is 900 to 999.
  • ▲ Raises it stronglyIts maintenance fee is $3,449 a month; the typical unit sold here pays about $1,050.
  • ▲ Raises it strongly2 garage and 2 total parking spaces, against 1 and 1 typically.
List price
$2.97MBelow recent closings$3.42MAbove recent closings

Total price vs nearby homes. Likely closing about $3.16M, from 16 recent closings in this pocket.

The market behind the math:

16sold nearby · 90 days
$819Kmedian sold price
97%of asking, on average
−27%prices vs a year ago
~25 dayshomes like this take to sell
141days on market so far
$9,438/moest. rent · 5 leases
3.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.3 months of inventory: 7 condo apartment homes for sale in the area against 16 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,369/sqft against an area asking average of $1,832/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.86M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can 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
Schools & getting aroundcatchment and transit

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

Based on 5 homes sold in this building over the past two years, from 107 closings in Casa Loma.

What sellers nearby are askingCurrently listed nearby in Casa Loma · asking prices
$5.32Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $3.20M, which is where my estimate comes from.

Per square foot, these ask about $2,069/sqft; this home lists at $1,369/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
3.25MThis home3.69M5.90M6.35MThis home vs active comparables

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K885

Neighbourhood & location

Casa Loma, 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.

North St. James Town
$765K
Kensington-Chinatown
$585K
Dovercourt-Wallace Emerson-Junction
$640K
Church-Yonge Corridor
$876K
Moss Park
$549K

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 Brown Junior Public School
86%
Brown Junior Public SchoolPublic · Elementary · 0.2 km awayHigher-rated than most nearby · 86% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Cottingham Junior Public School · Public elementary0.8 km · 100% at standard
Hillcrest Community School · Public elementary1.4 km · 85% at standard
Forest Hill Junior and Senior Public School · Public elementary1.4 km · 82% at standard
Our Lady of Perpetual Help Catholic School · Catholic elementary1.5 km · 88% at standard
Davisville Junior Public School · Public elementary1.5 km · 86% at standard
Spectrum Alternative Senior School · Public elementary1.5 km
Jesse Ketchum Junior and Senior Public School · Public elementary1.7 km · 87% at standard
Huron Street Junior Public School · Public elementary1.8 km · 74% at standard
Whitney Junior Public School · Public elementary1.9 km · 94% at standard
Rosedale Junior Public School · Public elementary1.9 km · 94% at standard
Oriole Park Junior Public School · Public elementary1.9 km · 100% at standard
Humewood Community School · Public elementary2.1 km · 75% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$14,812/mo
$679KIncome needed
4.8×Price ÷ income
$3,418Weekly cost
$137,950Land transfer tax, one-time (Ontario + Toronto)
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.

75%mortgage
Mortgage $14,812Property tax $1,460Condo fee $3,449Total carry $19,722

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14,376per month

Mortgage amount $2,600,000 · 4.49% over 25 years

$650,000Down payment (20.0%)
$2,600,000Loan before insurance
$0CMHC premium
$19,285Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,376
Property tax
$1,460
Condo / maintenance fees
$3,449
Heating
$0
Estimated monthly cost
$19,285

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

6.49%Qualifying rate
$17,400/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

$1,712,754Total interest paid
$4,312,754Total of all payments
Principal $2,600,000 Interest $1,712,754
YearPrincipalInterestBalance
1$58,021$114,489$2,541,979
2$60,655$111,855$2,481,324
3$63,409$109,101$2,417,914
4$66,288$106,222$2,351,626
5$69,298$103,212$2,282,328
6$72,445$100,066$2,209,883
7$75,734$96,776$2,134,150
8$79,172$93,338$2,054,977
9$82,767$89,743$1,972,210
10$86,525$85,985$1,885,685
11$90,454$82,056$1,795,231
12$94,561$77,950$1,700,671
13$98,854$73,656$1,601,817
14$103,342$69,168$1,498,474
15$108,035$64,476$1,390,440
16$112,940$59,570$1,277,500
17$118,068$54,442$1,159,432
18$123,428$49,082$1,036,004
19$129,033$43,478$906,971
20$134,891$37,619$772,080
21$141,016$31,494$631,064
22$147,419$25,092$483,645
23$154,112$18,398$329,533
24$161,109$11,401$168,424
25$168,424$4,086$0

At the end of your 5-year term

Total paid over the term
$862,551
Principal paid down
$317,672
Interest paid
$544,879
Balance remaining
$2,282,328

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
From 5 whole-home leases in Casa Loma$9,438/mo
$113,256Gross annual rent
1.3%Cap rate after taxes and upkeep
$6,785 to $14,573Typical rent range
~17 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Casa Loma signed at a median of $8,881 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $9,438. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.5%
Gross yield
− Property tax $17,525− Condo fees $41,393− Insurance $600− Vacancy & upkeep $12,458Net operating income $41,279

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

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