1009-68 Shuter Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13985786

$398,000
For Sale
Listed 6 days agoNo offer date stated
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1Bedrooms
1Bathrooms
0Parking
0-499Sq ft

About this home

Prime downtown location at 68 Shuter Street, right in the centre of it all. Just steps to Dundas Square, Eaton Centre, TMU (Ryerson), George Brown, U of T, Massey Hall, hospitals, the Financial District, and endless dining, shopping, and grocery options. Transit is right at your doorstep with easy TTC access.This unit features modern finishes throughout, including laminate flooring, smooth ceilings, built-in appliances, and a sleek stone countertop, offering a clean and contemporary living space in one of Toronto's most connected neighbourhoods.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13985786
Bedrooms
1
Bathrooms
1
Size
0-499 sq ft
Cross streets
Church St/ Shuter St
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$402/mo
Exposure
North
Property tax
$2,323 / 2025
Days on market
6
Listing brokerage
KELLER WILLIAMS EDGE REALTY

Rooms

Kitchen

laminate · b/i appliances · stone counters

Primary Bedroom

laminate · large window · sliding doors

Dining Room

laminate · combined w/living · w/o to balcony

Living Room

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

Our TakeTeam Asgarian · Broker
A small discount is typical
$387Klikely sale price

Listed at $398,000. Going by how homes in Church-Yonge Corridor have actually closed against their asking prices (about 97%, 141 local closings in 90 days), the likely sale price is near $387K, if it sells. A realistic range is $364K to $418K.

Independent value check: $373K. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $347K and $392K).

Why $373K. The typical condo sold in Church-Yonge Corridor over the past year went for about $575K (592 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $2,323 a year; the typical home sold here pays about $3,400.
  • ▼ Lowers it stronglyIt is 0 to 499 sq ft; the typical home sold here is 600 to 699.
List price
$364KBelow recent closings$418KAbove recent closings

Total price vs nearby homes. Likely closing about $387K, from 141 recent closings in this pocket.

The market behind the math:

141sold nearby · 90 days
$568Kmedian sold price
96%of asking, on average
~29 dayshomes like this take to sell
6days on market so far
$1,606/moest. rent · 6 leases
4.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.3 months of inventory: 13 condo apartment homes for sale in the area against 141 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 $1,595/sqft against an area asking average of $1,600/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 141 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $372K. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

The assigned public school is Lord Dufferin 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.

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

Priced above comparable homes overall, but the price per square foot ($1,595/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 5 homes sold in this building over the past year, from 500 closings in Church-Yonge Corridor.

What sellers nearby are askingCurrently listed nearby in Church-Yonge Corridor · asking prices
$389kavg 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 $1,558/sqft; this home lists at $1,595/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
398kThis home399k389k389k389k378kThis home vs active comparables

Sold price trend

Median sold price for condos in Church-Yonge Corridor: $561K in September 2026, level with a year ago, on 585 closings in 12 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$590K50
November 2025$603K34
December 2025$543K40
January 2026$551K28
February 2026$524K40
March 2026$520K47
April 2026$595K60
May 2026$555K47
June 2026$615K64
July 2026$568K71
August 2026$598K48
September 2026$561K56

Neighbourhood & location

Church-Yonge 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.

Moss Park
$549K
Waterfront Communities C8
$554K
North St. James Town
$765K
Kensington-Chinatown
$585K
Waterfront Communities C1
$625K

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 Lord Dufferin Junior and Senior Public School
55%
Lord Dufferin Junior and Senior Public SchoolPublic · Elementary · 0.9 km awayBelow the GTA average · 55% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Michael's Choir (Jr) School · Catholic elementary0.2 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary0.2 km · 98% at standard
Downtown Alternative School · Public elementary0.9 km
St Michael Catholic School · Catholic elementary0.9 km · 67% at standard
Church Street Junior Public School · Public elementary1.0 km · 73% at standard
Native Learning Centre · Public secondary1.0 km
Market Lane Junior and Senior Public School · Public elementary1.1 km · 74% at standard
Jarvis Collegiate Institute · Public secondary1.2 km · 57% at standard
Contact Alternative School School · Public secondary1.2 km
St Martin Catholic School(OL of Lourdes · Catholic elementary1.2 km
Our Lady of Lourdes Catholic School · Catholic elementary1.2 km · 64% at standard
Nelson Mandela Park Public School · Public elementary1.2 km · 47% at standard

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

Affordability & Mortgage

Affordability
$1,814/mo
$87KIncome needed
4.6×Price ÷ income
$419Weekly cost
$8,890Land 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 $1,814Property tax $194Condo fee $402Total carry $2,410

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)
$1,760per month

Mortgage amount $318,400 · 4.49% over 25 years

$79,600Down payment (20.0%)
$318,400Loan before insurance
$0CMHC premium
$2,356Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,760
Property tax
$194
Condo / maintenance fees
$402
Heating
$0
Estimated monthly cost
$2,356

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

One-time closing costs

Ontario land transfer tax
$4,445
Toronto municipal land transfer tax
$4,445
Estimated closing costs
$8,890

Plus your down payment of $79,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,131/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

$209,746Total interest paid
$528,146Total of all payments
Principal $318,400 Interest $209,746
YearPrincipalInterestBalance
1$7,105$14,021$311,295
2$7,428$13,698$303,867
3$7,765$13,361$296,102
4$8,118$13,008$287,984
5$8,486$12,640$279,497
6$8,872$12,254$270,626
7$9,274$11,851$261,351
8$9,696$11,430$251,656
9$10,136$10,990$241,520
10$10,596$10,530$230,924
11$11,077$10,049$219,847
12$11,580$9,546$208,267
13$12,106$9,020$196,161
14$12,655$8,470$183,505
15$13,230$7,896$170,275
16$13,831$7,295$156,445
17$14,459$6,667$141,986
18$15,115$6,011$126,871
19$15,802$5,324$111,069
20$16,519$4,607$94,550
21$17,269$3,857$77,281
22$18,053$3,073$59,228
23$18,873$2,253$40,355
24$19,730$1,396$20,625
25$20,625$500$0

At the end of your 5-year term

Total paid over the term
$105,629
Principal paid down
$38,903
Interest paid
$66,727
Balance remaining
$279,497

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 6 whole-home leases in Church-Yonge Corridor$1,606/mo
$19,272Gross annual rent
2.4%Cap rate after taxes and upkeep
$1,477 to $1,734Typical rent range
~15 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 6 whole-home leases in Church-Yonge Corridor signed at a median of $2,225 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $1,606. 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.

4.8%
Gross yield
− Property tax $2,323− Condo fees $4,828− Insurance $600− Vacancy & upkeep $2,120Net operating income $9,402

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS EDGE REALTY. MLS®/PropTx.

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