1508-130 River Street, Toronto, ON

Regent Park, Toronto · MLS® C13642834

$549,999
For Sale
Listed 74 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to this bright and modern 2-bedroom, 2-bathroom condo in the sought-after Artworks Tower in the heart of vibrant Regent Park.
  • This thoughtfully designed suite features an open-concept layout with floor-to-ceiling windows that fill the space with natural light, creating warm and inviting...
  • Enjoy the convenience of in-suite laundry, a private balcony, and premium building amenities including a 24-hour concierge, fully equipped fitness center, party room...
  • Ideally located just steps to TTC transit, parks, cafés, restaurants, grocery stores, the Regent Park Aquatic Centre, and community amenities.
  • Buy As-Is - Fully Leased and Income-Producing.

Welcome to this bright and modern 2-bedroom, 2-bathroom condo in the sought-after Artworks Tower in the heart of vibrant Regent Park. This thoughtfully designed suite features an open-concept layout with floor-to-ceiling windows that fill the space with natural light, creating warm and inviting atmosphere. The contemporary kitchen boasts quartz countertops, stainless steel built-in appliances, sleek cabinetry, and ample prep space-perfect for everyday living and entertaining. The spacious primary bedroom offers a generous closet and a private ensuite, while the second bedroom provides flexibility for guests, a home office, or growing families. Enjoy the convenience of in-suite laundry, a private balcony, and premium building amenities including a 24-hour concierge, fully equipped fitness center, party room, co-working space, games room, children's play area, outdoor BBQ terrace, visitor parking, and more. Ideally located just steps to TTC transit, parks, cafés, restaurants, grocery stores, the Regent Park Aquatic Centre, and community amenities. Minutes to the Distillery District, St. Lawrence Market, Toronto Metropolitan University, George Brown College, the Financial District, DVP, and Gardiner Expressway, offering exceptional convenience for both commuters and urban professionals. Buy As-Is - Fully Leased and Income-Producing. Start earning rental income from day one.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13642834
Bedrooms
2
Bathrooms
2
Size
600-699 sq ft
Cross streets
Dudas St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$520/mo
Exposure
North West
Property tax
$3,318 / 2025
Days on market
74
Listing brokerage
RE/MAX REALTY SPECIALISTS INC.

Rooms

Bedroom 2Main2.59 × 2.84 m

b/i closet · carpet free

BedroomMain3.12 × 2.64 m

ensuite bath · b/i closet

Living RoomMain2.56 × 3.55 m

w/o to balcony · carpet free

KitchenMain2.56 × 3.55 m

laminate · b/i appliances

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Inglenook Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

Regent Park, 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
$549K
North St. James Town
$649K
Church-Yonge Corridor
$876K
Waterfront Communities C8
$554K
Kensington-Chinatown
$585K

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 Nelson Mandela Park Public School
47%
Nelson Mandela Park Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 47% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Sprucecourt Junior Public School · Public elementary0.5 km · 59% at standard
SEED Alternative School · Public secondary0.7 km
Queen Alexandra Middle School · Public elementary0.7 km · 71% at standard
Lord Dufferin Junior and Senior Public School · Public elementary0.7 km · 55% at standard
Dundas Junior Public School · Public elementary0.8 km · 59% at standard
St Martin Catholic School (St.Martin) · Catholic secondary0.8 km
Eastdale Collegiate Institute · Public secondary0.9 km
Quest Alternative School Senior · Public elementary1.1 km
Withrow Avenue Junior Public School · Public elementary1.1 km · 85% at standard
Winchester Junior and Senior Public School · Public elementary1.1 km · 76% at standard
Our Lady of Lourdes Catholic School · Catholic elementary1.4 km · 64% at standard
Market Lane Junior and Senior Public School · Public elementary1.4 km · 74% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,507/mo
$118KIncome needed
4.7×Price ÷ income
$578Weekly cost
$14,950Land transfer tax, one-time (Ontario + Toronto)
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.

76%mortgage
Mortgage $2,507Property tax $277Condo fee $520Total carry $3,303

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,433per month

Mortgage amount $439,999 · 4.49% over 25 years

$110,000Down payment (20.0%)
$439,999Loan before insurance
$0CMHC premium
$3,229Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,433
Property tax
$277
Condo / maintenance fees
$520
Heating
$0
Estimated monthly cost
$3,229

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

One-time closing costs

Ontario land transfer tax
$7,475
Toronto municipal land transfer tax
$7,475
Estimated closing costs
$14,950

Plus your down payment of $110,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,945/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

$289,850Total interest paid
$729,849Total of all payments
Principal $439,999 Interest $289,850
YearPrincipalInterestBalance
1$9,819$19,375$430,180
2$10,265$18,929$419,916
3$10,731$18,463$409,185
4$11,218$17,976$397,967
5$11,727$17,467$386,239
6$12,260$16,934$373,980
7$12,816$16,378$361,163
8$13,398$15,796$347,765
9$14,007$15,187$333,758
10$14,643$14,551$319,115
11$15,308$13,886$303,808
12$16,003$13,191$287,805
13$16,729$12,465$271,076
14$17,489$11,705$253,587
15$18,283$10,911$235,305
16$19,113$10,081$216,192
17$19,981$9,213$196,211
18$20,888$8,306$175,323
19$21,836$7,358$153,487
20$22,828$6,366$130,659
21$23,864$5,330$106,795
22$24,948$4,246$81,848
23$26,080$3,114$55,767
24$27,265$1,929$28,503
25$28,503$691$0

At the end of your 5-year term

Total paid over the term
$145,970
Principal paid down
$53,760
Interest paid
$92,210
Balance remaining
$386,239

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.

Investor snapshot

Rental yield
Estimate$2,050/mo
$24,600Gross annual rent
2.1%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

4.5%
Gross yield
− Property tax $3,318− Condo fees $6,240− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,736

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTY SPECIALISTS INC.. MLS®/PropTx.

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