515-840 St Clair Avenue, Toronto, ON

Oakwood Village, Toronto · MLS® C13239882

$589,000
For Sale
Listed 43 days ago
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2Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Welcome to Suite 515 in the brand-new 840 St. Clair Avenue West, perfectly positioned in the heart of one of Toronto's most dynamic and walkable neighbourhoods. Step outside to a vibrant streetscape lined with celebrated cafés, destination dining, local boutiques, and everyday conveniences, all just moments from your door. Inside, soaring 10-foot ceilings and expansive south-facing windows fill the residence with natural light and extend to a generous private balcony, ideal for relaxed city living. The sleek, contemporary kitchen is anchored by a statement centre island with breakfast bar, enhanced by an upgraded pantry and abundant storage. A thoughtfully designed den offers flexibility as a refined home office or intimate dining space. An oversized, spa-inspired bathroom, double closet with custom organizers, and full-sized laundry complete this polished urban retreat. With a Walk Score of 98 and streetcar access at your doorstep, effortless connectivity and an exceptional lifestyle await.***Internet Included***

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13239882
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
St. Clair Ave W. & Oakwood Ave
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$530/mo
Exposure
South
Property tax
$2,979 / 2025
Days on market
43
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Dining RoomBasement3.43 × 2.59 m

combined w/den · open concept · laminate

BedroomMain3.24 × 2.95 m

window floor to ceiling · large closet · laminate

Living RoomMain3.43 × 2.90 m

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

KitchenMain3.43 × 2.86 m

b/i appliances · open concept · laminate

FoyerMain2.32 × 2.15 m

large closet · laminate

Moe’s TakeTeam Asgarian · Broker
Above comparables
$505Kest. value

Listed at $589,000, this home is about 17% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($907/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $505K, 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, listed at $585K
  • Adjusts to $585K

That comparable adjusts to $585K; the $505K estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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

On location, this is a very walkable address with everyday errands close by. St Clair Ave West at Winona Dr East Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$504KGreat deal$589KOverpriced

Total price vs nearby homes. Fair value about $505K, median of 5 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Worth verifying
Comparable listingsCurrently listed nearby in Oakwood Village · asking prices
$604kavg asking

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

810-185 Alberta Avenue$585k1210-185 Alberta Avenue$600k319-1603 Eglinton Avenue$590k312-840 St Clair Avenue$645k708-185 Alberta Avenue$599k

The 5 closest of 6 active listings nearby.

See all comparable homes
589kThis home585k600k590k645k599kThis home vs active comparables
Live market pulseActive comparables in Oakwood Village · median list $600K
$907this home / sqft
10active listings nearby
43days on market

This home lists 4% above the area average of $871/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

Oakwood Village, 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.

Getting around

80/ 100

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: St Clair Ave West at Winona Dr East Side, about 35 m away

20+ transit stops5 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Annex
$1.39M
Church-Yonge Corridor
$574K
Waterfront Communities C1
$688K
Waterfront Communities C8
$998K
Mimico
$800K

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 McMurrich Junior Public School
81%
McMurrich Junior Public SchoolPublic · Elementary · 0.3 km awayAbove the GTA average · 81% meet the provincial standard
Winona Drive Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,684/mo
$124KIncome needed
4.8×Price ÷ income
$619Weekly 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.

78%mortgage
Mortgage $2,684Property tax $248Condo fee $530Total carry $3,463

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,514per month

Mortgage amount $471,200 · 4.14% over 25 years

$117,800Down payment (20.0%)
$471,200Loan before insurance
$0CMHC premium
$3,293Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,514
Property tax
$248
Condo / maintenance fees
$530
Heating
$0
Estimated monthly cost
$3,293

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

One-time closing costs

Ontario land transfer tax
$8,255
Toronto municipal land transfer tax
$8,255
Estimated closing costs
$16,510

Plus your down payment of $117,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,054/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

$283,149Total interest paid
$754,349Total of all payments
Principal $471,200 Interest $283,149
YearPrincipalInterestBalance
1$11,039$19,135$460,161
2$11,500$18,674$448,661
3$11,981$18,193$436,680
4$12,483$17,691$424,197
5$13,005$17,169$411,193
6$13,549$16,625$397,644
7$14,115$16,059$383,529
8$14,706$15,468$368,823
9$15,321$14,853$353,502
10$15,962$14,212$337,540
11$16,629$13,545$320,911
12$17,325$12,849$303,586
13$18,050$12,124$285,536
14$18,805$11,369$266,732
15$19,591$10,583$247,141
16$20,411$9,763$226,730
17$21,264$8,910$205,465
18$22,154$8,020$183,312
19$23,081$7,093$160,231
20$24,046$6,128$136,185
21$25,052$5,122$111,133
22$26,100$4,074$85,034
23$27,191$2,983$57,842
24$28,329$1,845$29,514
25$29,514$660$0

At the end of your 5-year term

Total paid over the term
$150,870
Principal paid down
$60,007
Interest paid
$90,862
Balance remaining
$411,193

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
2.0%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.

4.2%
Gross yield
− Property tax $2,979− Condo fees $6,358− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,957

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

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