602-130 Carlton Street, Toronto, ON

Cabbagetown-South St. James Town, Toronto · MLS® C13538860

$888,900
For Sale
Listed 9 days ago
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3Bedrooms
2Bathrooms
2Garage
1200-1399Sq Ft

About this home

Welcome to Suite 602 at Carlton on the Park: a rare opportunity in one of downtown's most established Tridel communities, directly across from iconic Allan Gardens. Offering 1357sqft, this updated 2+1 bedroom, 2 bathroom residence combines generous proportions, quality finishes, and an exceptional layout that's increasingly difficult to find. Unobstructed north-facing city views and an open-concept design create a bright, airy feel throughout. Natural white marble flooring extends through the foyer, kitchen, and guest bath, while solid hardwood carries through the principal living spaces. The thoughtfully designed kitchen features ample cabinetry, a pantry, breakfast bar, and premium appliances, including a Samsung Flex Duo range with convertible dual ovens. The spacious living and dining areas are equally suited to everyday living and entertaining. A separate den offers exceptional flexibility with a floor-to-ceiling stone feature wall and built-in electric fireplace: ideal as a home office, library, or quiet retreat (could also be deconverted into a balcony with building approval). The oversized primary suite includes dual closets, a separate dressing area, and a marble-clad ensuite, while the generous second bedroom comfortably accommodates family, guests, or downsizers seeking space without compromise. In suite laundry with premium full-size Samsung washer & dryer too! A standout feature rarely found in the building: TWO side-by-side parking spaces. Residents enjoy 24-hour concierge service, an indoor pool, whirlpool, sauna, fitness centre with lockers, rooftop terrace with BBQs, gardens & jacuzzi, squash & racquet courts, party & multiple meeting rooms, billiards lounge, and visitor parking. Steps to Loblaws at Maple Leaf Gardens, TMU, U of T, transit, restaurants, cafés, and everyday conveniences, this is refined downtown living in an updated building known for its exceptional management, welcoming community, and enduring reputation.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C13538860
Bedrooms
3 (2 + 1)
Bathrooms
2 (1 half)
Size
1200-1399
Cross streets
Carlton St and Jarvis St
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Other
Maintenance
$1,475/mo
Exposure
North
Property tax
$3,846 / 2025
Days on market
9
Listing brokerage
REAL BROKER ONTARIO LTD.

Rooms

DenMain2.81 × 3.44 m
BathroomMain3.19 × 3.50 m

4 Pc Ensuite

BathroomMain1.60 × 1.63 m

2 Pc Bath

Dining RoomMain2.12 × 5.36 m
FoyerMain3.07 × 2.52 m
BedroomMain3.44 × 4.00 m
KitchenMain4.22 × 2.52 m
Living RoomMain4.23 × 6.86 m
Primary BedroomMain3.12 × 7.61 m

Double Closet

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$948Kest. value

Listed at $888,900, this home is tracking about 6% 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 19 similar homes nearby, adjusted for size, beds, and baths.Median of 19 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $782K, 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 $1.07M
  • Bedrooms +$30K
  • Adjusts to $1.10M

That comparable adjusts to $1.10M; the $948K estimate above is the median of all 19 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.

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.

On location, this is a very walkable address with everyday errands close by. Carlton St at Jarvis St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$889KGreat deal$1.08MOverpriced

Total price vs nearby homes. Fair value about $948K, median of 19 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Cabbagetown-South St. James Town · asking prices
$978kavg asking

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

C-253 Wellesley Street$825k2506-500 Sherbourne Street$1.07M409-77 Maitland Place$624k617-120 Homewood Avenue$1.39M

The 4 closest active listings nearby.

See all comparable homes
889kThis home825k1.07M624k1.39MThis home vs active comparables
Live market pulseActive comparables in Cabbagetown-South St. James Town · median list $560K
$684this home / sqft
21active listings nearby
9days on market

This home lists 8% below the area average of $746/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

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.

Getting around

86/ 100

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: Carlton St at Jarvis St, about 28 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.

Church-Yonge Corridor
$577K
Annex
$1.39M
Waterfront Communities C8
$998K
Waterfront Communities C1
$684K
Banbury-Don Mills
$500K

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 · 0.2 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$4,051/mo
$195KIncome needed
4.6×Price ÷ income
$935Weekly 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.

69%mortgage
Mortgage $4,051Property tax $321Condo fee $1,475Total carry $5,847

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,795per month

Mortgage amount $711,120 · 4.14% over 25 years

$177,780Down payment (20.0%)
$711,120Loan before insurance
$0CMHC premium
$5,590Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,795
Property tax
$321
Condo / maintenance fees
$1,475
Heating
$0
Estimated monthly cost
$5,590

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

One-time closing costs

Ontario land transfer tax
$14,253
Toronto municipal land transfer tax
$14,253
Estimated closing costs
$28,506

Plus your down payment of $177,780. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,609/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

$427,320Total interest paid
$1,138,440Total of all payments
Principal $711,120 Interest $427,320
YearPrincipalInterestBalance
1$16,659$28,879$694,461
2$17,356$28,182$677,105
3$18,082$27,456$659,023
4$18,838$26,699$640,185
5$19,626$25,911$620,559
6$20,447$25,090$600,112
7$21,302$24,235$578,809
8$22,193$23,344$556,616
9$23,122$22,416$533,494
10$24,089$21,449$509,405
11$25,097$20,441$484,309
12$26,146$19,391$458,162
13$27,240$18,298$430,922
14$28,379$17,158$402,543
15$29,566$15,971$372,977
16$30,803$14,734$342,173
17$32,092$13,446$310,082
18$33,434$12,104$276,648
19$34,832$10,705$241,816
20$36,289$9,248$205,526
21$37,807$7,730$167,719
22$39,389$6,149$128,330
23$41,036$4,501$87,294
24$42,753$2,785$44,541
25$44,541$997$0

At the end of your 5-year term

Total paid over the term
$227,688
Principal paid down
$90,561
Interest paid
$137,127
Balance remaining
$620,559

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$4,100/mo
$49,200Gross annual rent
2.4%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.

5.5%
Gross yield
− Property tax $3,846− Condo fees $17,698− Insurance $600− Vacancy & upkeep $5,412Net operating income $21,644

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL BROKER ONTARIO LTD.. MLS®/PropTx.

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