Lower 1-173 Carlton Street, Toronto, ON

Cabbagetown-South St. James Town, Toronto · MLS® C13525148

$1,795/mo
For Lease
Listed 16 days ago
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1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Mesmerizing Victorian Home. Beautiful 1 Bedroom Suite. Stunning Brick Walls. Gourmet Chef's Kitchen With Large Island. Endless Closet Space. Spa Inspired Washroom For True Relaxation. Individually Controlled Air Conditioning/Heating At Your Finger Tips. Private Entrance Direct To Laneway/Parking. Cabbagetown Shops & Restaurants For You To Enjoy. Ttc At Your Door Step. Parking Available At Extra Cost.

Key facts

Property type
Condo Apartment, 3-Storey
MLS®
C13525148
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Carlton St & Sherbourne St
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Wall Unit(s)
Exterior
Brick
Exposure
South West
Days on market
16
Listing brokerage
ENGEL & VOLKERS TORONTO CITY
Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,250/moest. value

Listed at $1,795/mo, this rental is about 20% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Cabbagetown-South St. James Town lately, landlords have been getting about 99% of asking and homes lease in about 13 days.

There were not many closely comparable homes right in Cabbagetown-South St. James Town, so I widened the search to the surrounding area.

Based on 89 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 89 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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, leased for $2,300/mo
  • Adjusts to $2,300/mo

That comparable adjusts to $2,300/mo; the $2,250/mo estimate above is the median of all 89 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

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.

List price
$1,795/moBelow market$3,160/moAbove market

Total price vs nearby homes. Fair value about $2,250/mo, median of 89 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
Comparable listingsCurrently listed nearby in Cabbagetown-South St. James Town · asking prices
$2,172avg asking

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

2310-395 Bloor Street$2,050905-159 Wellesley Street$2,0603403-159 Wellesley Street$2,200707-40 Homewood Avenue$2,4501412-395 Bloor Street$2,100

The 5 closest of 8 active listings nearby.

See all comparable homes
1,795This home2,0502,0602,2002,4502,100This home vs active comparables
Live market pulseActive comparables in Cabbagetown-South St. James Town · median list $2K
18active listings nearby
16days 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

Cabbagetown-South St. James Town, 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
$3K
North St. James Town
$2K
Moss Park
$2K
Bay Street Corridor
$3K
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 Church Street Junior Public School
73%
Church Street Junior Public SchoolPublic · Elementary · 0.6 km awayAround the GTA average · 73% 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 $1,436 · 4.14% over 25 years

$359Down payment (20.0%)
$1,436Loan 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 $359. 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

$863Total interest paid
$2,299Total of all payments
Principal $1,436 Interest $863
YearPrincipalInterestBalance
1$34$58$1,402
2$35$57$1,367
3$37$55$1,331
4$38$54$1,293
5$40$52$1,253
6$41$51$1,212
7$43$49$1,169
8$45$47$1,124
9$47$45$1,077
10$49$43$1,029
11$51$41$978
12$53$39$925
13$55$37$870
14$57$35$813
15$60$32$753
16$62$30$691
17$65$27$626
18$68$24$559
19$70$22$488
20$73$19$415
21$76$16$339
22$80$12$259
23$83$9$176
24$86$6$90
25$90$2$0

At the end of your 5-year term

Total paid over the term
$460
Principal paid down
$183
Interest paid
$277
Balance remaining
$1,253

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 ENGEL & VOLKERS TORONTO CITY. MLS®/PropTx.

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