605-95 Lombard Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13568630

$3,950/mo
For Lease
Listed 7 days ago
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3Bedrooms
2Bathrooms
0Parking
1000-1199Sq Ft

About this home

Welcome to St. James Place - available for move-in September 1st, this exceptionally spacious 2+1 corner suite offers over 1,000 sq. ft. of well-designed living space and is an outstanding option for students and young professionals looking to share in a prime downtown location. Rarely available at this size in today's rental market, the suite features an airy open-concept layout with excellent separation between rooms, making it well suited for multiple occupants who value both privacy and shared living space. The highly functional floor plan offers clear separation of sleeping areas, including a large king-sized primary bedroom, a full second bedroom, and a versatile den/solarium that can comfortably function as a third private bedroom, home office, or study space. The layout is particularly well suited for friends, students, or young professionals, offering three distinct private areas while still maintaining generous common living and dining spaces. Generously sized principal rooms, laminate flooring throughout, and practical, well-maintained finishes provide a comfortable and highly livable home. Located in a quiet boutique building with only five suites per floor, residents enjoy a more private and residential atmosphere right in the heart of the city. Unbeatable downtown location just steps to the Financial District, TTC subway and streetcars, and within easy reach of George Brown College, Toronto Metropolitan University, the University of Toronto, shopping, dining, entertainment, and St. James Park. Offering rare size, flexibility, and a highly functional multi-room layout, this is an excellent opportunity for shared living in one of Toronto's most connected neighbourhoods.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13568630
Bedrooms
3 (2 + 1)
Bathrooms
2 (1 half)
Size
1000-1199
Cross streets
Church & Adelaide
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Roof
Asphalt Shingle
Exposure
South West
Days on market
7
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Bedroom 2Main3.35 × 2.84 m
Primary BedroomMain4.80 × 2.98 m
Dining RoomMain3.09 × 2.39 m
SolariumMain2.97 × 2.05 m
Living RoomMain6.87 × 2.99 m
KitchenMain3.34 × 2.59 m
Moe’s TakeTeam Asgarian · Broker
In line
$4,000/moest. value

Listed at $3,950/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

In Church-Yonge Corridor lately, landlords have been getting about 99% of asking and homes lease in about 15 days.

Based on 50 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 50 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

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 $3,700/mo
  • Adjusts to $3,700/mo

That comparable adjusts to $3,700/mo; the $4,000/mo estimate above is the median of all 50 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.

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.

List price
$3,800/moBelow market$4,250/moAbove market

Total price vs nearby homes. Fair value about $4,000/mo, median of 50 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Church-Yonge Corridor · asking prices
$4,000avg asking

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

1108&1109-75 Dalhousie Street$3,5001111-7 Carlton Street$3,8006016-388 Yonge Street$4,700

The 3 closest active listings nearby.

See all comparable homes
3,950This home3,5003,8004,700This home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $4K
10active listings nearby
7days 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

Church-Yonge Corridor, 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.

Moss Park
$2K
Waterfront Communities C8
$2K
Waterfront Communities C1
$3K
Bay Street Corridor
$2K
North St. James Town
$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 Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 0.7 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$18/mo
$5KIncome needed
0.9×Price ÷ income
$4Weekly 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 $18Property tax $2Total carry $20

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$17per month

Mortgage amount $3,160 · 4.14% over 25 years

$790Down payment (20.0%)
$3,160Loan before insurance
$0CMHC premium
$19Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$19

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

One-time closing costs

Ontario land transfer tax
$20
Toronto municipal land transfer tax
$20
Estimated closing costs
$40

Plus your down payment of $790. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$20/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

$1,899Total interest paid
$5,059Total of all payments
Principal $3,160 Interest $1,899
YearPrincipalInterestBalance
1$74$128$3,086
2$77$125$3,009
3$80$122$2,928
4$84$119$2,845
5$87$115$2,758
6$91$111$2,667
7$95$108$2,572
8$99$104$2,473
9$103$100$2,371
10$107$95$2,264
11$112$91$2,152
12$116$86$2,036
13$121$81$1,915
14$126$76$1,789
15$131$71$1,657
16$137$65$1,521
17$143$60$1,378
18$149$54$1,229
19$155$48$1,075
20$161$41$913
21$168$34$745
22$175$27$570
23$182$20$388
24$190$12$198
25$198$4$0

At the end of your 5-year term

Total paid over the term
$1,012
Principal paid down
$402
Interest paid
$609
Balance remaining
$2,758

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 HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.

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