1806-25 Richmond Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13441032

$509,000
For Sale
Listed 40 days ago
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2Bedrooms
1Bathrooms
0Parking
600-699Sq Ft
18 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Luxury Yonge and Rich Condos By Great Gulf***Furnished Beautiful Upgraded 1 Bed + Den***618 Sq Ft + 194 Sq.Ft. Oversized Balcony***1 Locker Included***Floor To Ceiling Windows***Gourmet Kitchens-QuartzCounters***Windows Coverings***** 9 Ft Ceilings***Ultra Modern Appliances*** Elegant - Prestigious - State OfThe Art Building*** Steps To Subway,Eaton Centre, Financial and Entertainment District..etc

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13441032
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Yonge St. & Richmond St.
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Maintenance
$556/mo
Exposure
West
Property tax
$3,292 / 2026
Days on market
40
Listing brokerage
ROYAL LEPAGE VISION REALTY

Rooms

DenGround0.00 × 0.00 m

Hardwood Floor

BedroomGround0.00 × 0.00 m

Hardwood Floor

Dining RoomGround0.00 × 0.00 m

Window Floor to Ceiling

BathroomGround0.00 × 0.00 m

ceramic floor · 4 pc bath

Living RoomGround0.00 × 0.00 m

Window Floor to Ceiling

KitchenGround0.00 × 0.00 m

Hardwood Floor

Our TakeTeam Asgarian · Broker
In line
$548Kest. value

Listed at $509,000, and my independent estimate is within the range of comparable homes, on the lower side.

In Church-Yonge Corridor lately, sellers get about 96% of asking; homes sell in ~34 days.

List price
$506KGreat deal$617KOverpriced

Total price vs nearby homes. Fair value about $548K, median of 75 comparables.

How this estimate is builtthe short version

I take the 75 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 $563K, a close match.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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.

On location, this is a very walkable address with everyday errands close by. Richmond Street is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Based on 75 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Church-Yonge Corridor · asking prices
$549kavg asking

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

3408-28 Ted Rogers Way$528k4703-89 Church Street$548k1406-33 Charles Street$550k710-92 King Street$555k408-22 Leader Lane$565k

The 5 closest of 8 active listings nearby.

See all comparable homes
509kThis home528k548k550k555k565kThis home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $580K
$784this home / sqft
65active listings nearby
40days on market
100sold nearby · 90 days
$600Kmedian sold price
96%of asking, on average

This home lists 14% below the area average of $915/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

Church-Yonge 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.

Getting around

100/ 100

Walker's ParadiseA 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 OpenStreetMap contributors.

Most daily errands can be done on foot.

🚉 Nearest transit: Richmond Street, about 134 m away

20+ transit stops20+ 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.

Moss Park
$894K
Waterfront Communities C1
$615K
Bay Street Corridor
$638K
Niagara
$550K
Mount Pleasant West
$850K

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 · 1.0 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,320/mo
$111KIncome needed
4.6×Price ÷ income
$535Weekly 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.

74%mortgage
Mortgage $2,320Property tax $274Condo fee $556Total carry $3,150

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,173per month

Mortgage amount $407,200 · 4.14% over 25 years

$101,800Down payment (20.0%)
$407,200Loan before insurance
$0CMHC premium
$3,003Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,173
Property tax
$274
Condo / maintenance fees
$556
Heating
$0
Estimated monthly cost
$3,003

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

One-time closing costs

Ontario land transfer tax
$6,655
Toronto municipal land transfer tax
$6,655
Estimated closing costs
$13,310

Plus your down payment of $101,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,639/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

$244,691Total interest paid
$651,891Total of all payments
Principal $407,200 Interest $244,691
YearPrincipalInterestBalance
1$9,539$16,536$397,661
2$9,938$16,137$387,722
3$10,354$15,722$377,368
4$10,787$15,289$366,581
5$11,238$14,837$355,343
6$11,708$14,367$343,635
7$12,198$13,878$331,436
8$12,708$13,367$318,728
9$13,240$12,836$305,488
10$13,794$12,282$291,694
11$14,371$11,705$277,324
12$14,972$11,104$262,352
13$15,598$10,478$246,754
14$16,251$9,825$230,503
15$16,930$9,145$213,573
16$17,638$8,437$195,935
17$18,376$7,699$177,558
18$19,145$6,931$158,414
19$19,946$6,130$138,468
20$20,780$5,296$117,688
21$21,649$4,427$96,039
22$22,555$3,521$73,484
23$23,498$2,578$49,986
24$24,481$1,595$25,505
25$25,505$571$0

At the end of your 5-year term

Total paid over the term
$130,378
Principal paid down
$51,857
Interest paid
$78,521
Balance remaining
$355,343

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
2.2%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.

4.8%
Gross yield
− Property tax $3,292− Condo fees $6,672− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,330

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

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