507-2A Church Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13987896

$469,000
For Sale
Listed 6 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Welcome to 75 The Esplanade, where modern design meets the best of downtown Toronto living.
  • This stylish 1-bedroom plus den suite features 9-foot ceilings, laminate flooring throughout, contemporary finishes, and a spacious balcony perfect for enjoying the...
  • Residents enjoy an impressive collection of amenities including 24-hour concierge and security, a fully equipped fitness centre, outdoor pool, yoga studio, media...

Welcome to 75 The Esplanade, where modern design meets the best of downtown Toronto living. This stylish 1-bedroom plus den suite features 9-foot ceilings, laminate flooring throughout, contemporary finishes, and a spacious balcony perfect for enjoying the city atmosphere.Residents enjoy an impressive collection of amenities including 24-hour concierge and security, a fully equipped fitness centre, outdoor pool, yoga studio, media lounge, and billiards room.Ideally located in the heart of the St. Lawrence Market neighbourhood, you're just steps from the waterfront, Union Station, the Financial District, grocery stores, restaurants, cafés, shops, and entertainment. Experience the convenience of downtown living while enjoying one of Toronto's most vibrant and historic communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13987896
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
Broadway/Redpath
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$440/mo
Exposure
West
Property tax
$2,473 / 2025
Days on market
6
Listing brokerage
KELLER WILLIAMS EDGE REALTY
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
$474kavg 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 $863/sqft; this home lists at $854/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
469kThis home465k458k449k499k500kThis 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
$876K
Moss Park
$549K
Waterfront Communities C1
$625K
Kensington-Chinatown
$585K
Niagara
$727K

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 · 0.8 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 Michael's Choir (Sr) School · Catholic secondary1.0 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary1.0 km · 98% at standard
St Paul Catholic School · Catholic elementary1.4 km · 62% at standard
Contact Alternative School School · Public secondary1.6 km
Nelson Mandela Park Public School · Public elementary1.6 km · 47% at standard
Lord Dufferin Junior and Senior Public School · Public elementary1.6 km · 55% at standard
Ogden Junior Public School · Public elementary1.8 km · 69% at standard
Bishop Macdonell Catholic School · Catholic elementary1.9 km · 82% at standard
Jean Lumb Public School · Public elementary1.9 km · 73% at standard
Church Street Junior Public School · Public elementary1.9 km · 73% at standard
Heydon Park Secondary School · Public secondary1.9 km · 8% at standard
Native Learning Centre · Public secondary1.9 km

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

Affordability & Mortgage

Affordability
$2,138/mo
$100KIncome needed
4.7×Price ÷ income
$493Weekly cost
$11,710Land 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.

77%mortgage
Mortgage $2,138Property tax $206Condo fee $440Total carry $2,784

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)
$2,075per month

Mortgage amount $375,200 · 4.49% over 25 years

$93,800Down payment (20.0%)
$375,200Loan before insurance
$0CMHC premium
$2,721Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,075
Property tax
$206
Condo / maintenance fees
$440
Heating
$0
Estimated monthly cost
$2,721

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

One-time closing costs

Ontario land transfer tax
$5,855
Toronto municipal land transfer tax
$5,855
Estimated closing costs
$11,710

Plus your down payment of $93,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,511/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

$247,164Total interest paid
$622,364Total of all payments
Principal $375,200 Interest $247,164
YearPrincipalInterestBalance
1$8,373$16,522$366,827
2$8,753$16,142$358,074
3$9,150$15,744$348,924
4$9,566$15,329$339,358
5$10,000$14,894$329,357
6$10,454$14,440$318,903
7$10,929$13,966$307,974
8$11,425$13,469$296,549
9$11,944$12,951$284,605
10$12,486$12,408$272,119
11$13,053$11,841$259,066
12$13,646$11,249$245,420
13$14,265$10,629$231,154
14$14,913$9,981$216,241
15$15,590$9,304$200,651
16$16,298$8,596$184,353
17$17,038$7,856$167,315
18$17,812$7,083$149,503
19$18,620$6,274$130,883
20$19,466$5,429$111,417
21$20,350$4,545$91,067
22$21,274$3,621$69,794
23$22,240$2,655$47,554
24$23,249$1,645$24,305
25$24,305$590$0

At the end of your 5-year term

Total paid over the term
$124,473
Principal paid down
$45,843
Interest paid
$78,630
Balance remaining
$329,357

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
2.1%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.

4.3%
Gross yield
− Property tax $2,473− Condo fees $5,284− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,799

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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