313-222 The Esplanade, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13818774

$419,000
For Sale
Listed 26 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Your daily grocery store is the St.
  • That tells you quite a bit about life at 222 The Esplanade #313.

Your daily grocery store is the St. Lawrence Market. That tells you quite a bit about life at 222 The Esplanade #313. But before you head outside, there's a lot that's new inside. A brand new kitchen. A brand new bathroom. All new appliances. Updated flooring. Fresh finishes throughout. The work has been done, so you can move in without immediately starting a list of things you want to change. And the layout works just as hard. There's a dedicated den that gives you a proper place to work from home, a large walk-in closet, a laundry closet and genuinely useful storage throughout. The kitchen makes smart use of its space, and the whole floor plan feels efficient without feeling like you're constantly trying to find somewhere to put things. Then there's the neighbourhood. St. Lawrence Market can actually be where you do the grocery run. The Distillery District is nearby, the waterfront is an easy walk south, and shops, restaurants and everyday essentials surround you. Multiple TTC routes are close by, with Union Station easily accessible when you need to get across or out of the city. And for the current owner, one of the things they'll miss most is the community within the building itself.Brand new where it matters. Functional where it counts. And one of Toronto's best neighbourhoods right outside your door.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13818774
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
The Esplanade & Lower Sherborne
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$672/mo
Exposure
West
Property tax
$2,110 / 2026
Days on market
26
Listing brokerage
SAGE REAL ESTATE LIMITED

Rooms

Dining RoomMain2.86 × 1.37 m

Overlooks Living

Living RoomMain2.86 × 2.48 m

Combined w/Dining

FoyerMain1.22 × 2.22 m

combined w/laundry · closet

KitchenMain1.95 × 2.22 m

quartz counter · stainless steel appl · overlooks dining

Primary BedroomMain2.96 × 3.47 m

walk-in closet(s) · semi ensuite · large window

DenMain2.13 × 2.55 m

Large Window

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 Market Lane Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C8 · asking prices
$468kavg 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 $852/sqft; this home lists at $763/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
419kThis home449k458k465k469k499kThis home vs active comparables

Neighbourhood & location

Waterfront Communities C8, 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.

Church-Yonge Corridor
$529K
North St. James Town
$765K
Waterfront Communities C1
$610K
Kensington-Chinatown
$585K
Niagara
$724K

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 Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 0.1 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
St Paul Catholic School · Catholic elementary0.8 km · 62% at standard
Nelson Mandela Park Public School · Public elementary1.0 km · 47% at standard
St Michael's Choir (Jr) School · Catholic elementary1.2 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary1.2 km · 98% at standard
Lord Dufferin Junior and Senior Public School · Public elementary1.3 km · 55% at standard
Sprucecourt Junior Public School · Public elementary1.7 km · 59% at standard
Queen Alexandra Middle School · Public elementary1.8 km · 71% at standard
Winchester Junior and Senior Public School · Public elementary1.9 km · 76% at standard
SEED Alternative School · Public secondary1.9 km
Church Street Junior Public School · Public elementary1.9 km · 73% at standard
Native Learning Centre · Public secondary1.9 km
Dundas Junior Public School · Public elementary2.0 km · 59% at standard

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

Affordability & Mortgage

Affordability
$1,910/mo
$95KIncome needed
4.4×Price ÷ income
$441Weekly cost
$9,710Land 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.

69%mortgage
Mortgage $1,910Property tax $176Condo fee $672Total carry $2,757

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)
$1,853per month

Mortgage amount $335,200 · 4.49% over 25 years

$83,800Down payment (20.0%)
$335,200Loan before insurance
$0CMHC premium
$2,701Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,853
Property tax
$176
Condo / maintenance fees
$672
Heating
$0
Estimated monthly cost
$2,701

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

One-time closing costs

Ontario land transfer tax
$4,855
Toronto municipal land transfer tax
$4,855
Estimated closing costs
$9,710

Plus your down payment of $83,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,243/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

$220,813Total interest paid
$556,013Total of all payments
Principal $335,200 Interest $220,813
YearPrincipalInterestBalance
1$7,480$14,760$327,720
2$7,820$14,421$319,900
3$8,175$14,066$311,725
4$8,546$13,694$303,179
5$8,934$13,306$294,245
6$9,340$12,901$284,905
7$9,764$12,477$275,141
8$10,207$12,033$264,934
9$10,671$11,570$254,263
10$11,155$11,085$243,108
11$11,662$10,579$231,447
12$12,191$10,049$219,256
13$12,745$9,496$206,511
14$13,323$8,917$193,188
15$13,928$8,312$179,260
16$14,561$7,680$164,699
17$15,222$7,019$149,478
18$15,913$6,328$133,565
19$16,635$5,605$116,929
20$17,391$4,850$99,539
21$18,180$4,060$81,359
22$19,006$3,235$62,353
23$19,869$2,372$42,484
24$20,771$1,470$21,714
25$21,714$527$0

At the end of your 5-year term

Total paid over the term
$111,203
Principal paid down
$40,955
Interest paid
$70,247
Balance remaining
$294,245

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$1,700/mo
$20,400Gross annual rent
1.8%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.

4.9%
Gross yield
− Property tax $2,110− Condo fees $8,063− Insurance $600− Vacancy & upkeep $2,244Net operating income $7,383

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

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