533-22 Leader Lane, Toronto, ON
Church-Yonge Corridor, Toronto · MLS® C13482274
About this home
The most distinctive and exclusive residence in the iconic King Edward Private Residences. This exceptional corner suite offers over 1,800 square feet with 3 bedrooms, 3 bathrooms and soaring 10-foot ceilings. At its heart is the spectacular circular turret living room, a dramatic architectural feature rarely found in condominium living. More than just a design element, it is the kind of space that defines a home and leaves a lasting impression on everyone who experiences it. Generous principal rooms, oversized windows and a highly functional layout create a residence that feels more like a grand city apartment than a conventional downtown condo. Designed for both elegant entertaining and comfortable everyday living, the suite offers exceptional scale, natural light and architectural character. Opportunities to own a residence of this size and distinction within the King Edward Private Residences are exceptionally rare. Residents enjoy a private entrance and privileged access to the renowned services and amenities of the historic King Edward Hotel, including the executive lounge, fitness facilities, dining, spa services, and room service. Perfectly positioned in the heart of Old Toronto, steps from the Financial District, St. Lawrence Market, Berczy Park, Union Station and the PATH network, this is a rare opportunity to own a signature residence in one of Toronto's most prestigious landmark addresses.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13482274
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 1800-1999
- Cross streets
- King and Church
- Parking
- 0 parking
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $2,382/mo
- Exposure
- North West
- Property tax
- $9,162 / 2025
- Days on market
- 24
- Listing brokerage
- LPT REALTY
Rooms
double closet · hardwood floor · recessed lighting
5 pc ensuite · marble floor · soaking tub
4 pc ensuite · marble floor · soaking tub
double closet · juliette balcony · hardwood floor
open concept · large window · coffered ceiling(s)
3 pc bath · marble floor · separate shower
centre island · marble counter · breakfast bar
double closet · hardwood floor · large window
hardwood floor · large window · combined w/kitchen
walk-in closet(s) · large window · recessed lighting
Listed at $1,650,000, this home is tracking about 9% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 69 similar homes nearby, adjusted for size, beds, and baths.Median of 69 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.57M, a bit lower.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $795K
- Size difference +$559K
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $1.40M
That comparable adjusts to $1.40M; the $1.82M estimate above is the median of all 69 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
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. King St East at Church St West Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.82M, median of 69 comparables.
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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 11% below the area average of $974/sqft.
23 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Church-Yonge Corridor, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA 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 Google.
Most daily errands can be done on foot.
🚉 Nearest transit: King St East at Church St West Side, about 87 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,320,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,044
- Property tax
- $764
- Condo / maintenance fees
- $2,382
- Heating
- $0
- Estimated monthly cost
- $10,190
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $29,475
- Toronto municipal land transfer tax
- $29,475
- Estimated closing costs
- $58,950
Plus your down payment of $330,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $422,641
- Principal paid down
- $168,102
- Interest paid
- $254,538
- Balance remaining
- $1,151,898
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LPT REALTY. MLS®/PropTx.