204-15 Maitland Place, Toronto, ON

Cabbagetown-South St. James Town, Toronto · MLS® C13423918

$459,000
For Sale
Listed 42 days ago
2Bedrooms
1Bathrooms
1Garage
800-899Sq Ft

About this home

*Motivated Seller* Welcome to The L'Esprit Condominiums: a well-maintained, primarily owner-occupied community with resort-style amenities including an inground pool, gym, basketball court, outdoor track, tennis courts, private park, and 24/7 concierge. This spacious 830sq ft 1-bedroom plus den with an additional solarium offers flexible living space that can easily be converted into a second bedroom. Exceptional value at only $553 per sq. ft. The suite includes a deeded parking spot, storage locker, and generous in-suite storage. All-inclusive maintenance fees cover utilities and access to all amenities. Move-in ready and full of potential, this is a must-see opportunity in a beautifully updated building.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13423918
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
800-899
Cross streets
Wellesley Street East & Jarvis Street
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Brick
Maintenance
$1,050/mo
Exposure
North
Property tax
$2,700 / 2025
Days on market
42
Listing brokerage
RE/MAX CONDOS PLUS CORPORATION

Rooms

Laundry0.99 × 0.99 m
Kitchen3.71 × 2.79 m
Foyer2.10 × 2.10 m

double closet · tile floor

Primary Bedroom4.03 × 3.01 m

Double Closet

Living Room5.31 × 3.27 m

Wet Bar

Dining Room3.28 × 2.13 m

Window

Den3.91 × 3.91 m

Window

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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.

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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
Comparable listingsCurrently listed nearby in Cabbagetown-South St. James Town · asking prices
$522kavg asking

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

208-60 Homewood Avenue$500k1609-15 Maitland Place$550k3104-40 Homewood Avenue$399k#1210-15 Maitland Place$560k615-77 Maitland Place$600k

The 5 closest of 8 active listings nearby.

See all comparable homes
459kThis home500k550k399k560k600kThis home vs active comparables
Live market pulseActive comparables in Cabbagetown-South St. James Town · median list $560K
$540this home / sqft
16active listings nearby
42days on market
100sold nearby · 90 days
$626Kmedian sold price
96%of asking, on average

This home lists 26% below the area average of $730/sqft.

41 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

Cabbagetown-South St. James Town, 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
$627K
Bay Street Corridor
$471K
Moss Park
$519K
Waterfront Communities C8
$719K
Waterfront Communities C1
$652K

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 Church Street Junior Public School
73%
Church Street Junior Public SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$2,092/mo
$110KIncome needed
4.2×Price ÷ income
$483Weekly 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.

62%mortgage
Mortgage $2,092Property tax $225Condo fee $1,050Total carry $3,367

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,960per month

Mortgage amount $367,200 · 4.14% over 25 years

$91,800Down payment (20.0%)
$367,200Loan before insurance
$0CMHC premium
$3,235Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,960
Property tax
$225
Condo / maintenance fees
$1,050
Heating
$0
Estimated monthly cost
$3,235

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

One-time closing costs

Ontario land transfer tax
$5,655
Toronto municipal land transfer tax
$5,655
Estimated closing costs
$11,310

Plus your down payment of $91,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,380/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

$220,655Total interest paid
$587,855Total of all payments
Principal $367,200 Interest $220,655
YearPrincipalInterestBalance
1$8,602$14,912$358,598
2$8,962$14,552$349,636
3$9,337$14,177$340,299
4$9,727$13,787$330,571
5$10,134$13,380$320,437
6$10,558$12,956$309,879
7$11,000$12,514$298,879
8$11,460$12,054$287,419
9$11,939$11,575$275,479
10$12,439$11,075$263,041
11$12,959$10,555$250,082
12$13,501$10,013$236,581
13$14,066$9,448$222,515
14$14,654$8,860$207,861
15$15,267$8,247$192,593
16$15,906$7,608$176,688
17$16,571$6,943$160,117
18$17,264$6,250$142,852
19$17,986$5,528$124,866
20$18,739$4,775$106,127
21$19,523$3,992$86,605
22$20,339$3,175$66,266
23$21,190$2,324$45,076
24$22,076$1,438$23,000
25$23,000$515$0

At the end of your 5-year term

Total paid over the term
$117,571
Principal paid down
$46,763
Interest paid
$70,808
Balance remaining
$320,437

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$2,700/mo
$32,400Gross 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.

7.1%
Gross yield
− Property tax $2,700− Condo fees $12,601− Insurance $600− Vacancy & upkeep $3,564Net operating income $12,935

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX CONDOS PLUS CORPORATION. MLS®/PropTx.

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