3001-308 Jarvis Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13442060

$524,000
For Sale
Listed 40 days ago
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2Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

BRAND NEW FROM BUILDER - HST REBATE FOR ELIGIBLE PURCHASERS. JAC condos is perfectly situated at Jarvis and Carlton. This prime location puts everything at your doorstep, with TTC, Eaton Centre, Toronto Metropolitan University just steps away. Indulge in a lifestyle of comfort and convenience with a myriad of amenities, including a sun deck for relaxation, a rooftop terrace with stunning views, BBQs, a state-of- the-art fitness studio, and even a gardening room. JAC condo offers a harmonious blend of modern living and vibrant community, ensuring a fulfilling experience for residents seeking a dynamic and well-appointed urban sanctuary.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13442060
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
Jarvis and Carlton
Parking
0 parking
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$600/mo
Exposure
North
Days on market
40
Listing brokerage
CENTURY 21 ATRIA REALTY INC.

Rooms

Living RoomMain3.96 × 3.35 m
DenMain2.13 × 2.43 m
Primary BedroomMain2.43 × 2.74 m
Our TakeTeam Asgarian · Broker
In line
$501Kest. value

Listed at $524,000, 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
$462KGreat deal$566KOverpriced

Total price vs nearby homes. Fair value about $501K, median of 52 comparables.

How this estimate is builtthe short version

I take the 52 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.

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 52 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C8 · asking prices
$532kavg asking

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

1906-35 Parliament Street$550k919-60 Tannery Road$535k909-138 Downes Street$500k1610-15 Richardson Street$497k2706-16 Bonnycastle Street$579k

The 5 closest of 8 active listings nearby.

See all comparable homes
524kThis home550k535k500k497k579kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $599K
$954this home / sqft
42active listings nearby
40days on market
100sold nearby · 90 days
$612Kmedian sold price
96%of asking, on average

This home lists 2% above the area average of $936/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.

Church-Yonge Corridor
$605K
Bay Street Corridor
$556K
Moss Park
$1.02M
Annex
$798K
Waterfront Communities C1
$574K

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
$2,388/mo
$117KIncome needed
4.5×Price ÷ income
$551Weekly 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.

72%mortgage
Mortgage $2,388Property tax $328Condo fee $600Total carry $3,316

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)
$2,237per month

Mortgage amount $419,200 · 4.14% over 25 years

$104,800Down payment (20.0%)
$419,200Loan before insurance
$0CMHC premium
$3,165Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,237
Property tax
$328
Condo / maintenance fees
$600
Heating
$0
Estimated monthly cost
$3,165

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

One-time closing costs

Ontario land transfer tax
$6,955
Toronto municipal land transfer tax
$6,955
Estimated closing costs
$13,910

Plus your down payment of $104,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,717/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

$251,902Total interest paid
$671,102Total of all payments
Principal $419,200 Interest $251,902
YearPrincipalInterestBalance
1$9,820$17,024$409,380
2$10,231$16,613$399,148
3$10,659$16,185$388,489
4$11,105$15,739$377,384
5$11,569$15,275$365,815
6$12,053$14,791$353,761
7$12,558$14,286$341,204
8$13,083$13,761$328,121
9$13,630$13,214$314,491
10$14,200$12,644$300,291
11$14,794$12,050$285,496
12$15,413$11,431$270,083
13$16,058$10,786$254,026
14$16,729$10,115$237,296
15$17,429$9,415$219,867
16$18,158$8,686$201,709
17$18,918$7,926$182,791
18$19,709$7,135$163,082
19$20,533$6,311$142,549
20$21,392$5,452$121,156
21$22,287$4,557$98,869
22$23,219$3,625$75,650
23$24,191$2,653$51,459
24$25,202$1,642$26,257
25$26,257$587$0

At the end of your 5-year term

Total paid over the term
$134,220
Principal paid down
$53,385
Interest paid
$80,835
Balance remaining
$365,815

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
1.3%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.

3.9%
Gross yield
− Property tax $3,668− Condo fees $7,200− Insurance $600− Vacancy & upkeep $2,244Net operating income $6,688

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 ATRIA REALTY INC.. MLS®/PropTx.

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