409-15 Maitland Place, Toronto, ON
Cabbagetown-South St. James Town, Toronto · MLS® C13598832
About this home
Welcome to L'Esprit at 15 Maitland Place - a well maintained and managed building conveniently located a short walk to the Village, subway, TMU, U of T and Loblaws at Maple Leaf Gardens. The next lucky owner of this home will enjoy the super bright, quiet view facing south over the private landscaped courtyard, and large room sizes (over 800 sq.ft. in total). The separate den with large windows is essentially a second bedroom. The modern bathroom has been renovated, and the laundry has been updated with large front loading LG Washtower machines. New windows will begin to be installed in 2027 and have been budgeted for in the reserve fund. There are extensive rec facilities including two tennis courts, squash and basketball courts, a running track, indoor pool and whirlpool, sauna, gym, and various party and meeting rooms. This well established condo community has an active social committee that plans events for residents throughout the year. The condo fee includes all utilities and there is an underground parking spot and locker.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13598832
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 1
- Size
- 800-899
- Cross streets
- Wellesley and Jarvis
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,025/mo
- Exposure
- South
- Property tax
- $2,742 / 2025
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Listed at $499,900, and my independent estimate is about 17% below comparable homes, worth a close look.
In Cabbagetown-South St. James Town lately, sellers get about 95% of asking; homes sell in ~31 days · prices down 11% YoY.
Total price vs nearby homes. Fair value about $602K, median of 4 comparables.
How this estimate is builtthe short version
I take the 4 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $609K, a close match.
What the listing highlights4 points 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
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Based on 4 comparable homes that recently sold nearby.
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 16% below the area average of $702/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Cabbagetown-South St. James Town, Toronto, ON
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) →
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 23, 2026); conventional rates run a little higher.
Mortgage amount $399,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,134
- Property tax
- $229
- Condo / maintenance fees
- $1,025
- Heating
- $0
- Estimated monthly cost
- $3,388
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,473
- Toronto municipal land transfer tax
- $6,473
- Estimated closing costs
- $12,946
Plus your down payment of $99,980. 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
- $128,047
- Principal paid down
- $50,930
- Interest paid
- $77,117
- Balance remaining
- $348,990
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 ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.