38 Cole Street, Toronto, ON
Regent Park, Toronto · MLS® C13556422
About this home
Beautifully upgraded stacked condo townhome in the heart of Downtown Toronto offering approximately 1,480 sq. ft. of living space (including an approximately 130 sq. ft. private terrace), an oversized private garage, and over $60,000 in premium renovations. This spacious 3-bedroom, 2.5-bath home combines the comfort of a freehold-style layout with the convenience of low-maintenance condo living.The thoughtfully renovated kitchen is designed to impress, featuring premium Caesarstone countertops, a custom island, built-in shelving, upgraded tile flooring, and high-end Fisher & Paykel built-in appliances, including a refrigerator and wall oven. The stylish main living area showcases an exposed brick feature wall, designer lighting, and hardwood and tile flooring throughout with no carpet.Enjoy your own private outdoor terrace-perfect for entertaining or relaxing-and the rare convenience of an oversized detached garage, a highly sought-after feature in the downtown core.Low maintenance fees include building insurance, landscaping, snow removal, and garbage collection, making this an ideal home for buyers seeking a turnkey lifestyle without the upkeep.Ideally situated just steps to multiple transit options and minutes from the Financial District, St. Lawrence Market, Distillery District, Eaton Centre, College Park, and Yonge-Dundas Square. Surrounded by parks, cafés, restaurants, bakeries, grocery stores, fitness centres, and everyday amenities, with quick access to the DVP and Gardiner Expressway.An exceptional opportunity to own a move-in-ready, upgraded condo townhome with rare outdoor space and private garage in one of Downtown Toronto's most connected and desirable neighbourhoods.
Key facts
- Property type
- Condo Townhouse, Stacked Townhouse
- MLS®
- C13556422
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1400-1599
- Cross streets
- Parliament/Dundas
- Parking
- 1 garage (built-in)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $471/mo
- Exposure
- South
- Property tax
- $4,849 / 2026
- Days on market
- 4
- Listing brokerage
- RARE REAL ESTATE
Rooms
hardwood floor · sliding doors
hardwood floor · open concept
hardwood floor · walk-in closet(s) · ensuite bath
hardwood floor · sliding doors
hardwood floor · stainless steel appl · w/o to balcony
hardwood floor · open concept · south view
Listed at $799,880, this home is tracking about 28% 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 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $975K, 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 $898K
- Adjusts to $898K
That comparable adjusts to $898K; the $1.11M estimate above is the median of all 5 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 Lord Dufferin 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. Parliament St at Oak St 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 $1.11M, median of 5 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 27% below the area average of $734/sqft.
1 days longer than the Toronto average (3 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Regent Park, 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: Parliament St at Oak St, about 104 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
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 $639,904 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,415
- Property tax
- $404
- Condo / maintenance fees
- $471
- Heating
- $0
- Estimated monthly cost
- $4,290
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,473
- Toronto municipal land transfer tax
- $12,473
- Estimated closing costs
- $24,945
Plus your down payment of $159,976. 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
- $204,886
- Principal paid down
- $81,492
- Interest paid
- $123,394
- Balance remaining
- $558,412
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 RARE REAL ESTATE. MLS®/PropTx.