503-130 Carlton Street, Toronto, ON

Cabbagetown-South St. James Town, Toronto · MLS® C13238318

$1,199,000
For Sale
Listed 50 days ago
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
1800-1999Sq Ft

About this home

Welcome to the one and only Carlton on the Park Condominiums. Built by Tridel, this classic and elegant 12-storey residence is celebrated for its timeless design and meticulous upkeep. From the moment you arrive, you'll be impressed by the immaculate common areas and the warm welcome from the friendly concierge and dedicated staff, who make every resident and guest feel at home. This spacious, carpet-free suite features a bright open-concept living room that flows seamlessly into the generous dining area. Perfect for entertaining or everyday living, the dining space offers direct access to a large private balcony, extending your living area outdoors. Through elegant French doors, step into the timeless kitchen with its inviting breakfast area, framed by oversized windows that fill the space with natural light. Adjacent to the kitchen, the expansive family room is equally bright, boasting a wall of large windows that showcase tranquil views of the surroundings. Spacious and versatile, this room can serve as a cozy retreat, a home office, or even an additional bedroom; the possibilities are endless. The sun-filled primary bedroom is a true retreat, featuring dual his-and-hers closets (or perhaps hers-and-hers!) and a luxurious 6-piece ensuite bath. The second bedroom may not be the primary, but it's still generous in size, large enough to put many master bedrooms to shame, with oversized windows and mirrored closets. Centrally located near shops, cafés, restaurants, hospitals, and transit, with quick access to downtown Toronto. The residence offers a wealth of amenities, including an indoor pool, racquetball courts, a billiards room, elegant party spaces, and much more! Perfect for those looking to downsize without compromise or anyone seeking a city lifestyle with a touch of tranquility. **ALL UTILITIES INCLUDED, INCLUDING CABLE TV & INTERNET. **

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13238318
Bedrooms
2
Bathrooms
2
Size
1800-1999
Cross streets
Carlton St & Jarvis St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$2,114/mo
Exposure
North East
Property tax
$5,211 / 2025
Days on market
50
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Family RoomFlat5.45 × 3.96 m

crown moulding · french doors · hardwood floor

KitchenFlat3.05 × 3.01 m

ceramic floor · french doors · galley kitchen

BreakfastFlat3.22 × 3.01 m

ceramic floor · east view · large window

BedroomFlat4.59 × 4.07 m

hardwood floor · large window · mirrored closet

Primary BedroomFlat5.20 × 3.91 m

6 pc ensuite · hardwood floor · his and hers closets

Living RoomFlat4.48 × 4.25 m

combined w/dining · hardwood floor · open concept

Dining RoomFlat3.87 × 3.44 m

combined w/living · hardwood floor · w/o to balcony

LaundryFlat2.49 × 1.54 m

b/i shelves · tile floor

Our TakeTeam Asgarian · Broker
In line
$985Kest. value

Listed at $1,199,000, and my independent estimate is within the range of comparable homes, on the higher side.

In Cabbagetown-South St. James Town lately, sellers get about 95% of asking; homes sell in ~28 days · prices down 11% YoY.

List price
$899KGreat deal$1.26MOverpriced

Total price vs nearby homes. Fair value about $985K, median of 7 comparables.

How this estimate is builtthe short version

I take the 7 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 $913K, a close match.

What the listing highlights2 points to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Cabbagetown-South St. James Town, so I widened the search to the surrounding area.

Based on 7 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby · asking prices
$1.21Mavg asking

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

403-1 Ripley Avenue$929k305-25 George Street$1.23M401-3 Southvale Drive$1.63M917-7 King Street$690k406-1 Strathgowan Avenue$1.60M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.20MThis home929k1.23M1.63M690k1.60MThis home vs active comparables
Live market pulseActive comparables in Cabbagetown-South St. James Town · median list $510K
$631this home / sqft
25active listings nearby
50days on market
13sold nearby · 90 days
$540Kmedian sold price
95%of asking, on average
11%vs a year ago

This home lists 21% below the area average of $803/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

Cabbagetown-South St. James Town, Toronto, ON

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Church-Yonge Corridor
$611K
Bay Street Corridor
$638K
Moss Park
$894K
Waterfront Communities C1
$578K
Niagara
$550K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$5,465/mo
$265KIncome needed
4.5×Price ÷ income
$1,261Weekly 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.

68%mortgage
Mortgage $5,465Property tax $434Condo fee $2,114Total carry $8,013

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)
$5,119per month

Mortgage amount $959,200 · 4.14% over 25 years

$239,800Down payment (20.0%)
$959,200Loan before insurance
$0CMHC premium
$7,667Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,119
Property tax
$434
Condo / maintenance fees
$2,114
Heating
$0
Estimated monthly cost
$7,667

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

One-time closing costs

Ontario land transfer tax
$20,455
Toronto municipal land transfer tax
$20,455
Estimated closing costs
$40,910

Plus your down payment of $239,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,217/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

$576,394Total interest paid
$1,535,594Total of all payments
Principal $959,200 Interest $576,394
YearPrincipalInterestBalance
1$22,471$38,953$936,729
2$23,411$38,013$913,319
3$24,390$37,034$888,929
4$25,410$36,014$863,519
5$26,473$34,951$837,046
6$27,580$33,843$809,465
7$28,734$32,690$780,731
8$29,936$31,488$750,796
9$31,188$30,236$719,608
10$32,493$28,931$687,115
11$33,852$27,572$653,263
12$35,268$26,156$617,996
13$36,743$24,681$581,253
14$38,280$23,144$542,973
15$39,881$21,543$503,093
16$41,549$19,875$461,543
17$43,287$18,137$418,257
18$45,098$16,326$373,159
19$46,984$14,440$326,175
20$48,949$12,475$277,226
21$50,997$10,427$226,229
22$53,130$8,294$173,099
23$55,352$6,072$117,747
24$57,667$3,756$60,080
25$60,080$1,344$0

At the end of your 5-year term

Total paid over the term
$307,119
Principal paid down
$122,154
Interest paid
$184,964
Balance remaining
$837,046

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$6,100/mo
$73,200Gross annual rent
2.8%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.

6.1%
Gross yield
− Property tax $5,211− Condo fees $25,371− Insurance $600− Vacancy & upkeep $8,052Net operating income $33,966

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

CallRequest a showing