308-39 Shank Street, Toronto, ON
Niagara, Toronto · MLS® C14095260
About this home
In short
- It's rare to walk into a condo townhome where every single square foot has been treated with this much care.
- Suite 308 isn't just cosmetic updates, it's a fully permitted, $200k top-to-bottom transformation designed for someone who appreciates genuine quality and smart living.
- Tucked into the quiet, tree-lined courtyard of Massey Square, you get neighbourhood peace with all the perks of 1000 King West amenities right next door (gym, party...
It's rare to walk into a condo townhome where every single square foot has been treated with this much care. Suite 308 isn't just cosmetic updates, it's a fully permitted, $200k top-to-bottom transformation designed for someone who appreciates genuine quality and smart living. Spread over two levels, the layout feels open, calm, and incredibly functional. Warm engineered oak floors run throughout the entire home, complemented by custom millwork that immediately sets it apart from your typical condo. The custom-built staircase is an absolute standout, artfully designed with seamless, hidden storage tucked underneath.The kitchen was planned for people who love to cook and entertain, anchored by a large quartz island, smart corner cabinetry, deep pull-out pantry drawers, and integrated appliances. It flows naturally into the dining and living area, which walks out to an oversized, south-facing balcony that gets fantastic natural light all afternoon. Upstairs, the primary bedroom spans the full depth of the home, featuring tailored custom wardrobes and a private four-piece ensuite. A generous second bedroom and a clean three-piecebathroom give you the flexibility you need for guests, a nursery, or a quiet work-from-homespace. Also included is an underground parking space, a storage locker, and two bike racks. Tucked into the quiet, tree-lined courtyard of Massey Square, you get neighbourhood peace with all the perks of 1000 King West amenities right next door (gym, party room, library, visitor parking).Step outside and you're seconds from Massey Harris Park, the King streetcar, and an easy walkto dinner on Ossington, coffee in Trinity Bellwoods, or shopping on Queen West. Completely move-in ready. All the hard work and heavy lifting has already been done.
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- C14095260
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 900-999 sq ft
- Cross streets
- King St w and Shaw St
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $808/mo
- Exposure
- South
- Property tax
- $4,051 / 2026
- Listing brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Rooms
hardwood floor · w/o to balcony · b/i shelves
hardwood floor · open concept · large window
centre island · quartz counter · stainless steel appl
hardwood floor · b/i closet · large window
hardwood floor · 4 pc ensuite · large closet
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 readThe assigned public school is Niagara Street 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.
Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market.
Per square foot, these ask about $791/sqft; this home lists at $1,053/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
Niagara, Toronto, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $799,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,423
- Property tax
- $338
- Condo / maintenance fees
- $808
- Heating
- $0
- Estimated monthly cost
- $5,568
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,473
- Toronto municipal land transfer tax
- $16,473
- Estimated closing costs
- $32,946
Plus your down payment of $199,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $265,374
- Principal paid down
- $97,735
- Interest paid
- $167,638
- Balance remaining
- $702,185
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.