2111E-36 Lisgar Street, Toronto, ON

Little Portugal, Toronto · MLS® C13773186

$480,000
For Sale
Listed 38 days agoNo offer date stated
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2Bedrooms
2Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Stunning unobstructed lake and CN Tower City Views - Location.
  • Experience downtown living in this beautifully designed, newly renovated 2-bedroom, 2-bathroom luxury condo in the heart of Queen Street West.
  • This open-concept unit boasts a functional layout, split bedroom plan, floor-to-ceiling windows, large balcony across entire living space and an abundance of natural...
  • Features include: Modern design, ensuite laundry for convenience, 1 locker for extra storage, prime location - steps to TTC, grocery stores, banks, restaurants...

Stunning unobstructed lake and CN Tower City Views - Location! Location! Queen Street West near the iconic Drake Hotel. Experience downtown living in this beautifully designed, newly renovated 2-bedroom, 2-bathroom luxury condo in the heart of Queen Street West. This open-concept unit boasts a functional layout, split bedroom plan, floor-to-ceiling windows, large balcony across entire living space and an abundance of natural lights. Features include: Modern design, ensuite laundry for convenience, 1 locker for extra storage, prime location - steps to TTC, grocery stores, banks, restaurants, cafes, Trinity Bellwoods Park. Concierge, gym, & versatile multipurpose room. Don't miss out on this incredible opportunity to live in one of Toronto's most vibrant neighbourhoods! Have a home office and a separate bedroom with an ensuite bath.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13773186
Bedrooms
2
Bathrooms
2
Size
500-599 sq ft
Cross streets
Queen/Dovercourt
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete Poured
Maintenance
$553/mo
Exposure
East
Property tax
$2,036 / 2026
Days on market
38
Listing brokerage
CHESTNUT PARK REAL ESTATE LIMITED

Rooms

Dining RoomFlat5.96 × 2.77 m

open concept · combined w/living · east view

Bedroom 2Flat2.74 × 2.38 m

closet · 3 pc bath · east view

Primary BedroomFlat3.39 × 2.67 m

4 pc ensuite · closet · east view

KitchenFlat5.96 × 3.63 m

open concept · combined w/dining · stainless steel appl

OtherFlat7.62 × 1.22 m

balcony · east view

Living RoomFlat5.96 × 2.77 m

w/o to balcony · combined w/dining · east view

Our TakeTeam Asgarian · Broker
A small discount is typical
$465Klikely sale price

Listed at $480,000. Going by how homes in Little Portugal and the wider GTA have actually closed against their asking prices (about 97%, 21 local closings in 90 days), the likely sale price is near $465K, if it sells. A realistic range is $438K to $503K.

Independent value check: $517K. Without looking at the asking price, our model values the home itself about 8% above the ask (homes like it typically land between $481K and $544K).

Why $517K. The typical condo sold in Little Portugal over the past year went for about $583K (74 sales). What sets this one apart:

  • ▲ Raises it strongly2 bedrooms and 2 baths, against 2+1 and 1 typically.
  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $2,036 a year; the typical home sold here pays about $2,700.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers itIt is 500 to 599 sq ft; the typical home sold here is 600 to 699.
List price
$438KBelow recent closings$503KAbove recent closings

Total price vs nearby homes. Likely closing about $465K, from 21 recent closings in this pocket.

The market behind the math:

21sold nearby · 90 days
$531Kmedian sold price
96%of asking, on average
−8%prices vs a year ago
~23 dayshomes like this take to sell
38days on market so far
$2,511/moest. rent · 69 leases
6.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.6 months of inventory: 25 condo apartment homes for sale in the area against 21 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $874/sqft against an area asking average of $887/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 21 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $422K. Condition and finishes remain an in-person call.

What the listing highlights2 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Alexander Muir/Gladstone Ave Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Below comparable homes on total price, yet the price per square foot ($874/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

Based on 23 homes sold in this building over the past two years, from 190 closings in Little Portugal.

Sold price trend

Median sold price for condos in Little Portugal: $474K in September 2026, up 6% from a year ago, on 64 closings in 9 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$585K11
November 2025$420K5
December 2025$625K6
March 2026$545K7
April 2026$680K5
June 2026$592K9
July 2026$485K5
August 2026$640K10
September 2026$474K6

Neighbourhood & location

Little Portugal, 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.

Niagara
$690K
Waterfront Communities C1
$667K
Kensington-Chinatown
$585K
Dovercourt-Wallace Emerson-Junction
$640K
Church-Yonge Corridor
$876K

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 Alexander Muir/Gladstone Ave Junior and Senior Public School
73%
Alexander Muir/Gladstone Ave Junior and Senior Public SchoolPublic · Elementary · 0.6 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Msgr Fraser College (Southwest) · Catholic secondary0.5 km
The Grove Community School · Public elementary0.6 km
Givins/Shaw Junior Public School · Public elementary0.7 km · 81% at standard
St Ambrose Catholic School · Catholic elementary1.0 km · 85% at standard
Holy Family Catholic School · Catholic elementary1.0 km · 45% at standard
Dr. Rita Cox – Kina Minogok Public School · Public elementary1.1 km · 56% at standard
Parkdale Junior and Senior Public School · Public elementary1.1 km · 51% at standard
Ossington/Old Orchard Junior Public School · Public elementary1.3 km · 88% at standard
Niagara Street Junior Public School · Public elementary1.3 km · 82% at standard
City View Alternative Senior School · Public elementary1.3 km
Shirley Street Junior Public School · Public elementary1.3 km · 70% at standard
Charles G Fraser Junior 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
$2,188/mo
$103KIncome needed
4.7×Price ÷ income
$505Weekly cost
$12,150Land 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.

75%mortgage
Mortgage $2,188Property tax $170Condo fee $553Total carry $2,910

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)
$2,123per month

Mortgage amount $384,000 · 4.49% over 25 years

$96,000Down payment (20.0%)
$384,000Loan before insurance
$0CMHC premium
$2,846Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,123
Property tax
$170
Condo / maintenance fees
$553
Heating
$0
Estimated monthly cost
$2,846

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

One-time closing costs

Ontario land transfer tax
$6,075
Toronto municipal land transfer tax
$6,075
Estimated closing costs
$12,150

Plus your down payment of $96,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,570/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

$252,961Total interest paid
$636,961Total of all payments
Principal $384,000 Interest $252,961
YearPrincipalInterestBalance
1$8,569$16,909$375,431
2$8,958$16,520$366,472
3$9,365$16,113$357,107
4$9,790$15,688$347,317
5$10,235$15,244$337,082
6$10,699$14,779$326,383
7$11,185$14,293$315,197
8$11,693$13,785$303,504
9$12,224$13,254$291,280
10$12,779$12,699$278,501
11$13,359$12,119$265,142
12$13,966$11,513$251,176
13$14,600$10,878$236,576
14$15,263$10,216$221,313
15$15,956$9,523$205,357
16$16,680$8,798$188,677
17$17,438$8,041$171,239
18$18,229$7,249$153,010
19$19,057$6,421$133,953
20$19,922$5,556$114,030
21$20,827$4,651$93,203
22$21,773$3,706$71,431
23$22,761$2,717$48,670
24$23,795$1,684$24,875
25$24,875$603$0

At the end of your 5-year term

Total paid over the term
$127,392
Principal paid down
$46,918
Interest paid
$80,474
Balance remaining
$337,082

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
From 69 whole-home leases in Little Portugal$2,511/mo
$30,132Gross annual rent
3.7%Cap rate after taxes and upkeep
$2,336 to $2,636Typical rent range
~17 daysTo find a tenant, on average

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

Talk about the numbers

The last 69 whole-home leases in Little Portugal signed at a median of $2,533 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,511. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

6.3%
Gross yield
− Property tax $2,036− Condo fees $6,631− Insurance $600− Vacancy & upkeep $3,315Net operating income $17,550

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.

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