608-65 St. Mary Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C13241510

$628,888
For Sale
Listed 50 days ago
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2Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Amazing value!!!Luxury Living in the Heart of Downtown! Iconic U Condo! 1B+Den, which can double as a second bedroom! Featuring 9 ceilings, a designer kitchen with integrated premium appliances, an oversized kitchen island, quartz countertops, a large balcony, and floor-to-ceiling windows. This immaculate unit offers a stylish and practical layout! Exceptional Location ,Located adjacent to the University of Toronto in the heart of downtown Toronto! Steps to Yorkville, Bloor St., luxury shops, and renowned restaurants. Just a short walk to two subway lines! The building also boasts 24-hour concierge service, an exercise room, a rooftop deck garden, and more. Enjoy a total of 4,500 sq. ft. of amenities!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13241510
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
Bay & Bloor
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$445/mo
Exposure
North East
Property tax
$3,552 / 2025
Days on market
50
Listing brokerage
UPPERSIDE REAL ESTATE LIMITED

Rooms

Living RoomMain3.23 × 6.19 m

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

Dining RoomMain3.23 × 6.19 m

hardwood floor · combined w/living · open concept

Primary BedroomMain3.35 × 2.93 m

hardwood floor · sliding doors · closet

DenMain2.93 × 2.07 m

hardwood floor · sliding doors · separate room

KitchenMain3.23 × 6.19 m

ceramic floor · stainless steel appl · quartz counter

Our TakeTeam Asgarian · Broker
Above comparables
$494Kest. value

Listed at $628,888, and my independent estimate is about 27% above what comparable homes suggest.

In Bay Street Corridor lately, sellers get about 96% of asking; homes sell in ~34 days.

List price
$458KGreat deal$629KOverpriced

Total price vs nearby homes. Fair value about $494K, median of 51 comparables.

How this estimate is builtthe short version

I take the 51 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 $597K, a bit higher.

What the listing highlights2 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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

Based on 51 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Bay Street Corridor · asking prices
$623kavg asking

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

1102-21 Balmuto Street$629k4006-11 Wellesley Street$638k2706-57 St. Joseph Street$639k2106-7 Grenville Street$618k2902-15 Grenville Street$589k

The 5 closest of 8 active listings nearby.

See all comparable homes
629kThis home629k638k639k618k589kThis home vs active comparables
Live market pulseActive comparables in Bay Street Corridor · median list $569K
$1,144this home / sqft
59active listings nearby
50days on market
100sold nearby · 90 days
$604Kmedian sold price
96%of asking, on average

This home lists 20% above the area average of $950/sqft.

49 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Bay Street Corridor, 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.

Church-Yonge Corridor
$561K
Moss Park
$1.02M
Waterfront Communities C1
$620K
Waterfront Communities C8
$621K
Mount Pleasant West
$632K

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 Jesse Ketchum Junior and Senior Public School
87%
Jesse Ketchum Junior and Senior Public SchoolPublic · Elementary · 0.7 km awayHigher-rated than most nearby · 87% meet the provincial standard

Affordability & Mortgage

Affordability
$2,866/mo
$131KIncome needed
4.8×Price ÷ income
$661Weekly 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.

79%mortgage
Mortgage $2,866Property tax $296Condo fee $445Total carry $3,607

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)
$2,685per month

Mortgage amount $503,110 · 4.14% over 25 years

$125,778Down payment (20.0%)
$503,110Loan before insurance
$0CMHC premium
$3,426Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,685
Property tax
$296
Condo / maintenance fees
$445
Heating
$0
Estimated monthly cost
$3,426

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

One-time closing costs

Ontario land transfer tax
$9,053
Toronto municipal land transfer tax
$9,053
Estimated closing costs
$18,106

Plus your down payment of $125,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,261/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

$302,325Total interest paid
$805,435Total of all payments
Principal $503,110 Interest $302,325
YearPrincipalInterestBalance
1$11,786$20,431$491,324
2$12,279$19,938$479,045
3$12,793$19,425$466,252
4$13,328$18,890$452,925
5$13,885$18,332$439,039
6$14,466$17,751$424,573
7$15,071$17,146$409,502
8$15,702$16,516$393,800
9$16,358$15,859$377,442
10$17,043$15,175$360,399
11$17,756$14,462$342,644
12$18,498$13,719$324,145
13$19,272$12,945$304,873
14$20,078$12,139$284,795
15$20,918$11,299$263,877
16$21,793$10,425$242,084
17$22,704$9,513$219,380
18$23,654$8,563$195,726
19$24,644$7,574$171,082
20$25,674$6,543$145,408
21$26,748$5,469$118,659
22$27,867$4,350$90,792
23$29,033$3,185$61,760
24$30,247$1,970$31,512
25$31,512$705$0

At the end of your 5-year term

Total paid over the term
$161,087
Principal paid down
$64,071
Interest paid
$97,016
Balance remaining
$439,039

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$1,700/mo
$20,400Gross annual rent
1.4%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.

3.2%
Gross yield
− Property tax $3,552− Condo fees $5,338− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,666

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of UPPERSIDE REAL ESTATE LIMITED. MLS®/PropTx.

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