922-111 Elizabeth Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C13851942

$598,000
For Sale
Listed 18 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Are you tired of cookie cutter condos that all look the same?
  • Then you'll love this one-of-a-kind and fully renovated suite in an unbeatable location right in the heart of downtown, just steps to the Eaton Centre, Sankofa...
  • The bright, nearly 600 sq. ft. layout boasts wall-to-wall floor-to-ceiling windows, a custom kitchen with full-size stainless steel appliances (no weird dishwasher...
  • Includes underground parking and a rare oversized storage locker (1 of only 3 in a private locker room).
  • One City Hall Place is a well-managed building tucked away on a quiet street with fantastic amenities like an indoor pool w/ hot tub & sauna, rooftop deck w/ BBQs &...

Are you tired of cookie cutter condos that all look the same? Then you'll love this one-of-a-kind and fully renovated suite in an unbeatable location right in the heart of downtown, just steps to the Eaton Centre, Sankofa Square, the PATH, TTC/subway, shopping, dining, TMU, George Brown, theatres, nightlife, and all amenities! The bright, nearly 600 sq. ft. layout boasts wall-to-wall floor-to-ceiling windows, a custom kitchen with full-size stainless steel appliances (no weird dishwasher drawer), wide-plank flooring, and two walk-outs to a sprawling balcony offering intimate sunset views. Bedroom fits a queen-size bed and features a spa-like ensuite and double closets. Upgraded from top-to-bottom with designer features and finishes. Separate laundry room comes with a top-of-the-line front-loading Miele washer & dryer (no all-in-one unit that takes all day to dry), and built-in pantry. Includes underground parking and a rare oversized storage locker (1 of only 3 in a private locker room). One City Hall Place is a well-managed building tucked away on a quiet street with fantastic amenities like an indoor pool w/ hot tub & sauna, rooftop deck w/ BBQs & incredible views of downtown, fitness centre, cardio room, 2-storey party room/kitchen/lounge, board room, guest suites, 24-hour concierge, and free visitor parking. This is a condo that truly checks all of the boxes. Book your showing today!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13851942
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
Bay/Dundas
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Maintenance
$607/mo
Exposure
West
Property tax
$2,916 / 2026
Days on market
18
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Living RoomMain5.91 × 3.42 m

w/o to balcony · window floor to ceiling · vinyl floor

KitchenMain5.39 × 3.11 m

modern kitchen · granite counters · backsplash

Primary BedroomMain3.48 × 3.00 m

4 pc ensuite · double closet · vinyl floor

Dining RoomMain5.91 × 3.42 m

open concept · combined w/living · vinyl floor

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 Orde Street 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 Bay Street Corridor · asking prices
$545kavg 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 $867/sqft; this home lists at $1,088/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
598kThis home598k559k489k550k530kThis home vs active comparables

Neighbourhood & location

Bay Street Corridor, 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
Kensington-Chinatown
$585K
Waterfront Communities C1
$610K
Waterfront Communities C8
$554K
North St. James Town
$765K

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 Orde Street Public School
76%
Orde Street Public SchoolPublic · Elementary · 0.7 km awayAbove the GTA average · 76% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Contact Alternative School School · Public secondary0.5 km
St Michael's Choir (Sr) School · Catholic secondary0.5 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary0.6 km · 98% at standard
Heydon Park Secondary School · Public secondary0.8 km · 8% at standard
Beverley School · Public elementary0.9 km
Subway Academy II · Public secondary0.9 km
Ogden Junior Public School · Public elementary1.0 km · 69% at standard
Native Learning Centre · Public secondary1.1 km
Church Street Junior Public School · Public elementary1.1 km · 73% at standard
St Joseph's College School · Catholic secondary1.1 km · 76% at standard
Jarvis Collegiate Institute · Public secondary1.4 km · 57% at standard
Downtown Alternative School · Public elementary1.4 km

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

Affordability & Mortgage

Affordability
$2,725/mo
$126KIncome needed
4.7×Price ÷ income
$629Weekly cost
$16,870Land 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 $2,725Property tax $243Condo fee $607Total carry $3,575

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)
$2,645per month

Mortgage amount $478,400 · 4.49% over 25 years

$119,600Down payment (20.0%)
$478,400Loan before insurance
$0CMHC premium
$3,495Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,645
Property tax
$243
Condo / maintenance fees
$607
Heating
$0
Estimated monthly cost
$3,495

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

One-time closing costs

Ontario land transfer tax
$8,435
Toronto municipal land transfer tax
$8,435
Estimated closing costs
$16,870

Plus your down payment of $119,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,202/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

$315,147Total interest paid
$793,547Total of all payments
Principal $478,400 Interest $315,147
YearPrincipalInterestBalance
1$10,676$21,066$467,724
2$11,161$20,581$456,564
3$11,667$20,075$444,896
4$12,197$19,545$432,699
5$12,751$18,991$419,948
6$13,330$18,412$406,619
7$13,935$17,807$392,684
8$14,568$17,174$378,116
9$15,229$16,513$362,887
10$15,921$15,821$346,966
11$16,643$15,098$330,323
12$17,399$14,343$312,923
13$18,189$13,553$294,734
14$19,015$12,727$275,719
15$19,878$11,863$255,841
16$20,781$10,961$235,060
17$21,724$10,017$213,335
18$22,711$9,031$190,625
19$23,742$8,000$166,883
20$24,820$6,922$142,063
21$25,947$5,795$116,116
22$27,125$4,617$88,991
23$28,357$3,385$60,634
24$29,644$2,098$30,990
25$30,990$752$0

At the end of your 5-year term

Total paid over the term
$158,709
Principal paid down
$58,452
Interest paid
$100,258
Balance remaining
$419,948

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
1.2%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.

3.4%
Gross yield
− Property tax $2,916− Condo fees $7,278− Insurance $600− Vacancy & upkeep $2,244Net operating income $7,362

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

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