525-222 The Esplanade, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13440842

$595,000
For Sale
Listed 41 days ago
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3Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Don't miss out on this urban oasis with all the benefits of city convenience!! Yorktown On The Park is a well established building that offers spacious units unlike many of the tiny boxes in the sky!! Yorktown Condos are perfectly situated between the world renowned St Lawrence Market and the historic Distillery District. The neighbourhood offers an endless list of amenities such as outdoor basketball courts, a vibrant community centre right next door, a children's playground across the street, guest suites in the building, and even a brand new subway station under construction mins down the street.....This functional and thoughtfully designed 2 + 1 bdrm/2 wash corner layout overlooks David Crombie Park. Floor to ceiling walls of windows allow for tons of natural light and a perfectly situated solarium/den that could be used as a sun-drenched home office or third bdrm. The open concept living space is anchored with a BRAND new modern kitchen featuring S/S appliances. The bright living and dining area is ideal for both everyday living and entertaining alike. Transit at your doorstep, quick highway access, and mins to groceries. Not that you need it but this unit also comes with 1 owned parking spot. An exceptional opportunity offering both lifestyle and location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13440842
Bedrooms
3 (2 + 1)
Bathrooms
2 (1 half)
Size
900-999
Cross streets
Sherbourne and Front
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,172/mo
Exposure
South East
Property tax
$2,747 / 2026
Days on market
41
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Bedroom 23.77 × 2.50 m

irregular room · laminate · large window

Primary Bedroom3.66 × 2.99 m

laminate · large window · 4 pc ensuite

Kitchen2.04 × 2.41 m

stainless steel appl · tile floor

Living Room3.32 × 4.05 m

laminate · combined w/dining

Solarium2.83 × 4.08 m

laminate · sliding doors · overlooks park

Dining Room3.23 × 3.69 m

laminate · irregular room · combined w/living

Our TakeTeam Asgarian · Broker
In line
$595Kest. value

Listed at $595,000, and my independent estimate is right in line with comparable homes.

In Waterfront Communities C8 lately, sellers get about 96% of asking; homes sell in ~33 days.

List price
$566KGreat deal$615KOverpriced

Total price vs nearby homes. Fair value about $595K, median of 6 comparables.

How this estimate is builtthe short version

I take the 6 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 $615K, 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit

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

Based on 6 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C8 · asking prices
$915kavg asking

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

2603-20 Richardson Street$900k709-170 Bayview Avenue$900k1502-8 The Esplanade Avenue$935kN1103-35 Rolling Mills Road$960k918-29 Queens Quay$880k

The 5 closest of 7 active listings nearby.

See all comparable homes
595kThis home900k900k935k960k880kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $880K
$627this home / sqft
36active listings nearby
41days on market
100sold nearby · 90 days
$603Kmedian sold price
96%of asking, on average

This home lists 36% below the area average of $974/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

Waterfront Communities C8, 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.

Moss Park
$894K
Church-Yonge Corridor
$611K
Waterfront Communities C1
$578K
Bay Street Corridor
$556K
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) →

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 Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 0.1 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,712/mo
$136KIncome needed
4.4×Price ÷ income
$626Weekly 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.

66%mortgage
Mortgage $2,712Property tax $229Condo fee $1,172Total carry $4,113

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)
$2,540per month

Mortgage amount $476,000 · 4.14% over 25 years

$119,000Down payment (20.0%)
$476,000Loan before insurance
$0CMHC premium
$3,941Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,540
Property tax
$229
Condo / maintenance fees
$1,172
Heating
$0
Estimated monthly cost
$3,941

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

One-time closing costs

Ontario land transfer tax
$8,375
Toronto municipal land transfer tax
$8,375
Estimated closing costs
$16,750

Plus your down payment of $119,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,085/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

$286,034Total interest paid
$762,034Total of all payments
Principal $476,000 Interest $286,034
YearPrincipalInterestBalance
1$11,151$19,330$464,849
2$11,617$18,864$453,231
3$12,103$18,378$441,128
4$12,610$17,872$428,518
5$13,137$17,344$415,381
6$13,687$16,795$401,695
7$14,259$16,222$387,436
8$14,856$15,626$372,580
9$15,477$15,004$357,103
10$16,124$14,357$340,979
11$16,799$13,683$324,180
12$17,501$12,980$306,679
13$18,233$12,248$288,445
14$18,996$11,485$269,449
15$19,791$10,691$249,658
16$20,619$9,863$229,040
17$21,481$9,000$207,558
18$22,380$8,102$185,179
19$23,316$7,166$161,863
20$24,291$6,190$137,572
21$25,307$5,174$112,265
22$26,366$4,116$85,900
23$27,468$3,013$58,432
24$28,617$1,864$29,814
25$29,814$667$0

At the end of your 5-year term

Total paid over the term
$152,407
Principal paid down
$60,619
Interest paid
$91,788
Balance remaining
$415,381

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$3,050/mo
$36,600Gross annual rent
2.5%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.

6.2%
Gross yield
− Property tax $2,747− Condo fees $14,064− Insurance $600− Vacancy & upkeep $4,026Net operating income $15,164

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

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