625-222 The Esplanade Avenue, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13823746

$589,000
For Sale
Listed 26 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Welcome to Yorktown on the Park, where downtown living meets an unexpected sense of space, greenery and community.
  • Offering a generous 930 sq. ft., this well-designed suite features two spacious bedrooms plus a versatile den/office, two full bathrooms and a smart, efficient layout...
  • Families will appreciate the selection of nearby schools, childcare options and community amenities, including the local community centre and pool in the same block.
  • Residents of Yorktown on the Park enjoy 24-hour concierge service, a fitness room, guest suites and a beautifully landscaped two-level courtyard featuring a fountain...

Welcome to Yorktown on the Park, where downtown living meets an unexpected sense of space, greenery and community. Ideally positioned on The Esplanade between the Distillery District and St. Lawrence Market, this bright and inviting residence enjoys a sunny southwest exposure with beautiful views toward the surrounding tree-lined streets and parks.Offering a generous 930 sq. ft., this well-designed suite features two spacious bedrooms plus a versatile den/office, two full bathrooms and a smart, efficient layout with a large, bright living space. Parking is included, while maintenance fees include all utilities!Step outside and you're immediately connected to some of downtown Toronto's best amenities. A tree-lined jogging and walking path, David Crombie Park and Parliament Square Park are right outside your door, while Corktown Park and the waterfront are just a short stroll away. With an exceptional walk and transit score, everything from neighbourhood cafés and restaurants to the downtown core is remarkably easy to reach. Families will appreciate the selection of nearby schools, childcare options and community amenities, including the local community centre and pool in the same block. The neighbourhood offers an appealing balance of convenience, green space and access to everyday essentials, all within a vibrant downtown setting. Residents of Yorktown on the Park enjoy 24-hour concierge service, a fitness room, guest suites and a beautifully landscaped two-level courtyard featuring a fountain and mature greenery - a peaceful retreat tucked away in the heart of downtown.Surrounded by excellent restaurants, cafés, shops, parks and everyday conveniences, this is a neighbourhood that offers both energy and a genuine sense of community. A wonderful opportunity to enjoy bright southwest-facing living, generous space and an abundance of greenery in one of downtown Toronto's most connected and surprisingly tranquil neighbourhoods.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13823746
Bedrooms
2+1 (3 total)
Bathrooms
2 (1 half)
Size
900-999 sq ft
Cross streets
The Esplanade/Princess
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Maintenance
$1,172/mo
Exposure
South West
Property tax
$2,770 / 2026
Days on market
26
Listing brokerage
PROPERTY.CA INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby 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.

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.

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
$2,684/mo
$135KIncome needed
4.4×Price ÷ income
$619Weekly cost
$16,510Land 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.

66%mortgage
Mortgage $2,684Property tax $231Condo fee $1,172Total carry $4,087

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)
$2,605per month

Mortgage amount $471,200 · 4.49% over 25 years

$117,800Down payment (20.0%)
$471,200Loan before insurance
$0CMHC premium
$4,008Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,605
Property tax
$231
Condo / maintenance fees
$1,172
Heating
$0
Estimated monthly cost
$4,008

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

One-time closing costs

Ontario land transfer tax
$8,255
Toronto municipal land transfer tax
$8,255
Estimated closing costs
$16,510

Plus your down payment of $117,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,153/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

$310,404Total interest paid
$781,604Total of all payments
Principal $471,200 Interest $310,404
YearPrincipalInterestBalance
1$10,515$20,749$460,685
2$10,993$20,272$449,692
3$11,492$19,772$438,200
4$12,013$19,251$426,187
5$12,559$18,705$413,628
6$13,129$18,135$400,499
7$13,725$17,539$386,774
8$14,348$16,916$372,425
9$15,000$16,264$357,425
10$15,681$15,583$341,744
11$16,393$14,871$325,351
12$17,137$14,127$308,214
13$17,915$13,349$290,298
14$18,729$12,535$271,570
15$19,579$11,685$251,990
16$20,468$10,796$231,522
17$21,398$9,867$210,125
18$22,369$8,895$187,756
19$23,385$7,879$164,371
20$24,446$6,818$139,925
21$25,556$5,708$114,368
22$26,717$4,547$87,651
23$27,930$3,334$59,722
24$29,198$2,066$30,524
25$30,524$740$0

At the end of your 5-year term

Total paid over the term
$156,321
Principal paid down
$57,572
Interest paid
$98,749
Balance remaining
$413,628

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
2.6%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.

6.2%
Gross yield
− Property tax $2,770− Condo fees $14,064− Insurance $600− Vacancy & upkeep $4,026Net operating income $15,140

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

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