1409-21 Carlton Street, Toronto, ON
Church-Yonge Corridor, Toronto · MLS® C13577806
About this home
Modern 1+Den Condo for Lease | 21 Carlton Street, Toronto. Welcome to this bright and stylish 1 Bedroom + Den condo in the heart of Toronto's vibrant downtown core at Yonge & Carlton. Featuring a functional open-concept layout, this well-designed suite offers a spacious bedroom, a versatile den that's perfect for a home office or guest space, and floor-to-ceiling windows that fill the unit with natural light. Enjoy spectacular south-facing city views from your oversized private balcony. The modern kitchen is equipped with stainless steel appliances, tile backsplash, and ample cabinetry, seamlessly flowing into the living and dining area-ideal for both everyday living and entertaining. The suite also includes ensuite laundry and updated lighting throughout. Located just steps from College Subway Station, you'll have unbeatable access to Toronto's best restaurants, cafés, grocery stores, shopping, entertainment, and everyday conveniences. Walk to Toronto Metropolitan University (formerly Ryerson University), the University of Toronto, the Financial District, Eaton Centre, and major hospitals. Commuting anywhere in the city is effortless with TTC at your doorstep. Residents enjoy exceptional building amenities, including:24-hour concierge, Indoor pool & spa, Fully equipped fitness centre, Modern resident lounge, Party room, Theatre room, Visitor parking. Included Appliances: Stainless steel refrigerator, stove, built-in dishwasher, washer & dryer. Experience the convenience of downtown living combined with comfort, style, and breathtaking views-an excellent opportunity for professionals, students, or anyone looking to enjoy the best of Toronto.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13577806
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 1
- Size
- 600-699
- Cross streets
- Carlton And Yonge
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Exposure
- South
- Listing brokerage
- BAY STREET GROUP INC.
Rooms
combined w/living · open concept · laminate
walk-in closet(s) · window floor to ceiling · laminate
enclosed · led lighting · laminate
w/o to balcony · window floor to ceiling · laminate
stainless steel appl · quartz counter · breakfast bar
Listed at $2,450/mo, this rental is about 6% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 28 similar rentals nearby, adjusted for size, beds, and baths.Median of 28 comparable active listings, 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, listed at $2,685/mo
- Adjusts to $2,685/mo
That comparable adjusts to $2,685/mo; the $2,600/mo estimate above is the median of all 28 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are 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.
On location, this is a very walkable address with everyday errands close by. Carlton St at Yonge St - College Station 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 $2,600/mo, median of 28 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.
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Church-Yonge Corridor, 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: Carlton St at Yonge St - College Station, about 85 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 $1,960 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10
- Property tax
- $2
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12
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
- Toronto municipal land transfer tax
- $12
- Estimated closing costs
- $25
Plus your down payment of $490. 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
- $628
- Principal paid down
- $250
- Interest paid
- $378
- Balance remaining
- $1,710
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAY STREET GROUP INC.. MLS®/PropTx.