409-77 Maitland Place, Toronto, ON

Cabbagetown-South St. James Town, Toronto · MLS® C13794550

$600,000
For Sale
Listed 33 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • This is an opportunity to acquire over 900 Square feet of move in ready living space with a ton of upside potential to renovate later to build equity quickly.
  • This unit was owned by the same resident since 1995, they are rarely offered for sale.
  • Why pay for someone else's renovation you likely will want to redo one day anyway.
  • This largest model in the building for 2 full bedrooms, 2 full baths at over 900 Sq.
  • The master bedroom is huge, large ensuite laundry closet with existing rough-in for attachments.

This is an opportunity to acquire over 900 Square feet of move in ready living space with a ton of upside potential to renovate later to build equity quickly. Welcome to Celebrity Place Condominiums, a hidden downtown gem at 77 Maitland Place; set within gated, park-like setting in the heart of Toronto. This unit was owned by the same resident since 1995, they are rarely offered for sale. Why pay for someone else's renovation you likely will want to redo one day anyway. This largest model in the building for 2 full bedrooms, 2 full baths at over 900 Sq. Ft., plus, an additional 150 Sq. Ft. balcony. The generous principal rooms and layout provides exceptional fundamentals for end users and investors alike. The master bedroom is huge, large ensuite laundry closet with existing rough-in for attachments. Large rectangular balcony accommodates full outdoor furniture settings, adding meaningful living space to the unit. The kitchen remains original and very functional; an ideal value-add opportunity to be had. Meticulously maintained, the suite is ready to enjoy now, and renovate over time. Celebrity Place is known for its mature, stable ownership, supporting long-term value and demand. Steps to hospitals, both universities, premier shopping, dining, and live theatre district. Quick access to the DVP, Gardiner expressway, and both subway lines (approx. 10-minute walk). Positioned on the 4th floor level connecting the north and south towers-this unit offers seamless access to the many amenities without changing elevators. Amenities include 5 star 24-hour concierge, visitor parking, common EV charging stations, carwash bay, party & video rooms, full gym, squash courts, library, and a private in-house convenience store. Buy, renovate, and capitalize-or move in, enjoy and upgrade over time. This is downtown condo investing done right.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13794550
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Wellesley/Jarvis
Parking
1 garage (underground)
Basement
Other
Heating
Fan Coil
A/C
Central Air
Exterior
Brick
Maintenance
$883/mo
Exposure
West
Property tax
$3,069 / 2025
Days on market
33
Listing brokerage
REAL ESTATE HOMEWARD

Rooms

BathroomFlat2.39 × 1.47 m

4 Pc Bath

Bedroom 2Flat4.65 × 2.82 m

double closet · picture window

OtherFlat3.86 × 3.53 m

balcony · concrete floor · west view

KitchenFlat3.25 × 2.74 m

ceramic floor · overlooks living · pass through

Primary BedroomFlat5.51 × 4.19 m

picture window · 4 pc ensuite · double closet

BathroomFlat2.39 × 1.49 m

4 Pc Ensuite

Dining RoomFlat3.20 × 2.39 m

combined w/living · open concept · w/o to balcony

LaundryFlat0.00 × 0.00 m

separate room · ceramic floor

Living RoomFlat6.53 × 5.65 m

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

FoyerFlat1.60 × 1.35 m

ceramic floor · double closet · separate room

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

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.

What sellers nearby are askingCurrently listed nearby in Cabbagetown-South St. James Town · asking prices
$673kavg asking

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

Per square foot, these ask about $792/sqft; this home lists at $632/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
600kThis home598k700k720kThis home vs active comparables

Neighbourhood & location

Cabbagetown-South St. James Town, 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.

North St. James Town
$765K
Church-Yonge Corridor
$529K
Kensington-Chinatown
$585K
Waterfront Communities C8
$554K
Waterfront Communities C1
$610K

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 Church Street Junior Public School
73%
Church Street Junior Public SchoolPublic · Elementary · 0.2 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Jarvis Collegiate Institute · Public secondary0.1 km · 57% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary0.2 km
Native Learning Centre · Public secondary0.3 km
Winchester Junior and Senior Public School · Public elementary0.5 km · 76% at standard
Msgr Fraser College (Isabella Campus) · Catholic secondary0.5 km
Rose Avenue Junior Public School · Public elementary0.7 km · 46% at standard
Lord Dufferin Junior and Senior Public School · Public elementary0.9 km · 55% at standard
St Joseph's College School · Catholic secondary1.0 km · 76% at standard
St Martin Catholic School (St.Martin) · Catholic secondary1.0 km
Sprucecourt Junior Public School · Public elementary1.0 km · 59% at standard
St Michael's Choir (Jr) School · Catholic elementary1.1 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary1.1 km · 98% at standard

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

Affordability & Mortgage

Affordability
$2,735/mo
$132KIncome needed
4.5×Price ÷ income
$631Weekly cost
$16,950Land 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.

71%mortgage
Mortgage $2,735Property tax $256Condo fee $883Total carry $3,873

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,654per month

Mortgage amount $480,000 · 4.49% over 25 years

$120,000Down payment (20.0%)
$480,000Loan before insurance
$0CMHC premium
$3,793Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,654
Property tax
$256
Condo / maintenance fees
$883
Heating
$0
Estimated monthly cost
$3,793

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

One-time closing costs

Ontario land transfer tax
$8,475
Toronto municipal land transfer tax
$8,475
Estimated closing costs
$16,950

Plus your down payment of $120,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,212/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

$316,201Total interest paid
$796,201Total of all payments
Principal $480,000 Interest $316,201
YearPrincipalInterestBalance
1$10,712$21,136$469,288
2$11,198$20,650$458,091
3$11,706$20,142$446,384
4$12,238$19,610$434,146
5$12,793$19,055$421,353
6$13,374$18,474$407,978
7$13,982$17,866$393,997
8$14,616$17,232$379,380
9$15,280$16,568$364,100
10$15,974$15,874$348,126
11$16,699$15,149$331,427
12$17,457$14,391$313,970
13$18,250$13,598$295,720
14$19,079$12,769$276,641
15$19,945$11,903$256,697
16$20,850$10,998$235,846
17$21,797$10,051$214,049
18$22,787$9,061$191,262
19$23,821$8,027$167,441
20$24,903$6,945$142,538
21$26,034$5,814$116,504
22$27,216$4,632$89,288
23$28,451$3,397$60,837
24$29,743$2,105$31,094
25$31,094$754$0

At the end of your 5-year term

Total paid over the term
$159,240
Principal paid down
$58,647
Interest paid
$100,593
Balance remaining
$421,353

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$3,050/mo
$36,600Gross annual rent
3.1%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.

6.1%
Gross yield
− Property tax $3,069− Condo fees $10,592− Insurance $600− Vacancy & upkeep $4,026Net operating income $18,312

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

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