512-50 McCaul Street, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13426302

$1,800/mo
For Lease
Listed 42 days ago
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
0Parking
700-799Sq Ft

About this home

**Only The Master Bedroom (Ensuite) For Rent. Tenants Share All Utility Fees.** Welcome To Luxury Tridel Built "Form"! Bright And Spacious 2 Bedroom 2 Bathroom With Juliette Balcony. Approx 787 S.F. Conveniently Located At Queen And University. Steps To Subway, Financial District, Ocad, U Of T. Minutes Away From The Trendy Queen West Community and Multicultural Foods Area.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13426302
Bedrooms
2
Bathrooms
2
Size
700-799
Cross streets
Mcccaul St /Queen St W
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
South East
Days on market
42
Listing brokerage
MASTER`S TRUST REALTY INC.

Rooms

Bedroom 2Flat2.56 × 3.05 m

b/i closet · large window · laminate

Dining RoomFlat5.94 × 3.74 m

combined w/living · open concept · laminate

Living RoomFlat5.94 × 3.73 m

combined w/dining · w/o to balcony · laminate

Primary BedroomFlat3.86 × 3.05 m

ensuite bath · b/i closet · large window

KitchenFlat5.94 × 3.74 m

open concept · b/i appliances · granite counters

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 leases and give you a straight answer on what it will really take.

The assigned public school is Ogden Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full 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.

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Kensington-Chinatown · asking prices
$2,620avg asking

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

2nd Fl Unit 2-436 Queen Street$2,200310-38 Cameron Street$2,500906-50 McCaul Street$2,600809-435 Richmond Street$2,8001116-96 St Patrick Street$3,000

The 5 closest of 8 active listings nearby.

See all comparable homes
1,800This home2,2002,5002,6002,8003,000This home vs active comparables
Live market pulseActive comparables in Kensington-Chinatown · median list $3K
69active listings nearby
42days on market
100leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Kensington-Chinatown, 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.

Waterfront Communities C1
$3K
Bay Street Corridor
$2K
Church-Yonge Corridor
$3K
Moss Park
$2K
Waterfront Communities C8
$2K

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 Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$8/mo
$4KIncome needed
0.4×Price ÷ income
$2Weekly 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.

88%mortgage
Mortgage $8Property tax $1Total carry $9

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)
$8per month

Mortgage amount $1,440 · 4.14% over 25 years

$360Down payment (20.0%)
$1,440Loan before insurance
$0CMHC premium
$9Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9

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
Toronto municipal land transfer tax
$9
Estimated closing costs
$18

Plus your down payment of $360. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9/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

$865Total interest paid
$2,305Total of all payments
Principal $1,440 Interest $865
YearPrincipalInterestBalance
1$34$58$1,406
2$35$57$1,371
3$37$56$1,335
4$38$54$1,296
5$40$52$1,257
6$41$51$1,215
7$43$49$1,172
8$45$47$1,127
9$47$45$1,080
10$49$43$1,032
11$51$41$981
12$53$39$928
13$55$37$873
14$57$35$815
15$60$32$755
16$62$30$693
17$65$27$628
18$68$25$560
19$71$22$490
20$73$19$416
21$77$16$340
22$80$12$260
23$83$9$177
24$87$6$90
25$90$2$0

At the end of your 5-year term

Total paid over the term
$461
Principal paid down
$183
Interest paid
$278
Balance remaining
$1,257

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.

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

CallRequest a showing