607-50 McCaul Street, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C14091930

$499,000
For Sale
Listed 1 day agoNo offer date stated
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1+1Bedrooms
2Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • Welcome to Tridel's Luxury Boutique Living @ Form Condo.
  • 14 Storey Mid-Rise, Low Density Building Offers: 2 Beds + 2 Baths Unit, over 600 square feet w/Floor-to-Ceiling Windows.
  • Amenities Include: 24-Hour Concierge, Visitors' Parking, State of the Art Fitness Centre & Yoga Studio, Party Room & Lounge, Private Dining Space, Rooftop Terrace w...

Welcome to Tridel's Luxury Boutique Living @ Form Condo! LEED GOLD CERTIFIED! 14 Storey Mid-Rise, Low Density Building Offers: 2 Beds + 2 Baths Unit, over 600 square feet w/Floor-to-Ceiling Windows. Modern Floors, Smooth Ceilings. Bright & Spacious with a Modern Kitchen Equipped with Built-in Appliances: Fridge, Stove, Dishwasher, Microwave, Quartz Countertops & Backsplash. Centrally Located: Next to Grange Park (Playground & Swimming), Village by The Grange (Indoor Shopping Mall). Amenities Include: 24-Hour Concierge, Visitors' Parking, State of the Art Fitness Centre & Yoga Studio, Party Room & Lounge, Private Dining Space, Rooftop Terrace w BBQ's & Outdoor Lounge. Steps to Subway (St. Pat's & Osgoode), OCAD, U of T, AGO. Chinatown, Queen West Shopping/Restaurants. Close to: Financial District & The Eaton Centre!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14091930
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
600-699 sq ft
Cross streets
McCaul & Queen St
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$591/mo
Exposure
East
Property tax
$3,039 / 2025
Days on market
1
Listing brokerage
CENTURY 21 PARKLAND LTD.

Rooms

Primary BedroomMain0.00 × 0.00 m

linoleum · window · 4 pc ensuite

Living RoomMain0.00 × 0.00 m

linoleum · open concept · w/o to balcony

Bedroom 2Main0.00 × 0.00 m

linoleum · closet

Dining RoomMain0.00 × 0.00 m

linoleum · open concept

KitchenMain0.00 × 0.00 m

linoleum · stainless steel appl · quartz counter

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 Ogden Junior 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 Kensington-Chinatown · asking prices
$599kavg 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 $898/sqft; this home lists at $768/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
499kThis home575k585k598k570k665kThis home vs active comparables

Neighbourhood & location

Kensington-Chinatown, 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.

Waterfront Communities C1
$629K
Church-Yonge Corridor
$567K
Waterfront Communities C8
$554K
Niagara
$631K
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 Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 69% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Contact Alternative School School · Public secondary0.2 km
Heydon Park Secondary School · Public secondary0.5 km · 8% at standard
Beverley School · Public elementary0.6 km
Subway Academy II · Public secondary0.6 km
Orde Street Public School · Public elementary0.8 km · 76% at standard
Oasis Alternative Secondary School · Public secondary0.9 km
ALPHA Alternative Junior School · Public elementary0.9 km
St Michael's Choir (Sr) School · Catholic secondary1.1 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary1.1 km · 98% at standard
Lord Lansdowne Junior Public School · Public elementary1.2 km · 85% at standard
da Vinci School · Public elementary1.3 km · 67% at standard
Kensington Community School School Junior · Public elementary1.3 km · 97% at standard

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

Affordability & Mortgage

Affordability
$2,274/mo
$110KIncome needed
4.6×Price ÷ income
$525Weekly cost
$12,910Land 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.

73%mortgage
Mortgage $2,274Property tax $253Condo fee $591Total carry $3,119

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)
$2,207per month

Mortgage amount $399,200 · 4.49% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$3,051Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,207
Property tax
$253
Condo / maintenance fees
$591
Heating
$0
Estimated monthly cost
$3,051

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

One-time closing costs

Ontario land transfer tax
$6,455
Toronto municipal land transfer tax
$6,455
Estimated closing costs
$12,910

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,672/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

$262,974Total interest paid
$662,174Total of all payments
Principal $399,200 Interest $262,974
YearPrincipalInterestBalance
1$8,908$17,578$390,292
2$9,313$17,174$380,979
3$9,736$16,751$371,243
4$10,178$16,309$361,065
5$10,640$15,847$350,425
6$11,123$15,364$339,302
7$11,628$14,859$327,674
8$12,156$14,331$315,518
9$12,708$13,779$302,810
10$13,285$13,202$289,525
11$13,888$12,599$275,637
12$14,519$11,968$261,118
13$15,178$11,309$245,940
14$15,867$10,620$230,073
15$16,587$9,899$213,486
16$17,341$9,146$196,145
17$18,128$8,359$178,017
18$18,951$7,536$159,066
19$19,811$6,675$139,255
20$20,711$5,776$118,544
21$21,651$4,836$96,893
22$22,634$3,853$74,258
23$23,662$2,825$50,596
24$24,736$1,750$25,860
25$25,860$627$0

At the end of your 5-year term

Total paid over the term
$132,435
Principal paid down
$48,775
Interest paid
$83,660
Balance remaining
$350,425

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$2,050/mo
$24,600Gross annual rent
2.2%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.

4.9%
Gross yield
− Property tax $3,039− Condo fees $7,092− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,163

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PARKLAND LTD.. MLS®/PropTx.

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