L1-21 Earl Street, Toronto, ON
North St. James Town, Toronto · MLS® C13539470
About this home
Tucked away on a quiet, tree-lined street in the heart of the city, this freshly renovated ground-level studio is completely move-in ready, offering the perfect blend of charm, function, and downtown convenience. The suite features new flooring, fresh paint, and a thoughtfully designed open layout. You'll love the walk-out to a private patio, ample storage, a walk-in closet, and an en-suite laundry, combining style and practicality in one inviting space. Whether you're a first-time buyer, investor, or looking for a stylish pied-à-terre, this unit checks all the boxes. The boutique building has a welcoming community feel and is just steps from transit, shops, dining, and everything downtown Toronto has to offer. A genuine turnkey opportunity in a vibrant and connected location
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13539470
- Bathrooms
- 1
- Size
- 0-499 sq ft
- Cross streets
- Jarvis/Wellesley
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Foundation
- Block
- Maintenance
- $390/mo
- Exposure
- South
- Property tax
- $1,863 / 2025
- Days on market
- 103
- Listing brokerage
- BOSLEY REAL ESTATE LTD.
Rooms
open concept · w/o to patio · large window
double sink · breakfast area · granite counters
open concept · walk-in closet(s) · large window
open concept · b/i shelves · large window
Listed at $395,000. Going by how homes in North St. James Town and the wider GTA have actually closed against their asking prices (about 97%, 19 local closings in 90 days), the likely sale price is near $384K, if it sells. A realistic range is $362K to $416K.
Independent value check: $316K. Without looking at the asking price, our model values the home itself about 20% below the ask (homes like it typically land between $294K and $332K).
Why $316K. The typical condo sold in North St. James Town over the past year went for about $565K (73 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $1,863 a year; the typical home sold here pays about $3,300.
- ▼ Lowers it stronglyIt is 0 to 499 sq ft; the typical home sold here is 600 to 699.
- ▼ Lowers it slightly0 garage and 0 total parking spaces, against 1 and 1 typically.
Longer on the market than typical. 103 days on the market against about 42 for homes like it here, and asking 25% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $384K, from 19 recent closings in this pocket.
The market behind the math:
About 5.2 months of inventory: 33 condo apartment homes for sale in the area against 19 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,583/sqft against an area asking average of $917/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.
It never sees the asking price. The 19 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $309K. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
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.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in North St. James Town, so I widened the search to the surrounding area.
Based on 19 comparable homes that sold in North St. James Town over the past two years, from 168 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $316K, which is where my estimate comes from.
Per square foot, these ask about $1,061/sqft; this home lists at $1,583/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in North St. James Town: $516K in September 2026, down 12% from a year ago, on 67 closings in 9 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $709K | 8 |
| November 2025 | $500K | 5 |
| January 2026 | $615K | 6 |
| March 2026 | $626K | 7 |
| April 2026 | $538K | 7 |
| May 2026 | $680K | 13 |
| June 2026 | $530K | 8 |
| August 2026 | $510K | 7 |
| September 2026 | $516K | 6 |
Neighbourhood & location
North St. James Town, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $316,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,747
- Property tax
- $155
- Condo / maintenance fees
- $390
- Heating
- $0
- Estimated monthly cost
- $2,292
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,400
- Toronto municipal land transfer tax
- $4,400
- Estimated closing costs
- $8,800
Plus your down payment of $79,000. 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
- $104,833
- Principal paid down
- $38,609
- Interest paid
- $66,224
- Balance remaining
- $277,391
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 numbersThe last 37 whole-home leases in North St. James Town signed at a median of $1,982 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $1,982. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BOSLEY REAL ESTATE LTD.. MLS®/PropTx.