16 St. James Court, Toronto, ON

Cabbagetown-South St. James Town, Toronto · MLS® C14103140

$1,399,000
For Sale
Listed 8 days agoNo offer date stated
2+1Bedrooms
3Bathrooms
1Parking
1100-1500Sq ft

About This Home

In short

  • Nestled on a quiet court in Historic Cabbagetown, this solid brick home, built in 1985, offers approximately 2,200 sq.ft. of living space.
  • Two second-floor skylight, thoughtfully positioned in the hallway and primary ensuite, fill the upper level with natural light.
  • The spacious primary bedroom features a large walk-in closet and four-piece ensuite.
  • The living room features a fireplace, and walkout to a private backyard, while the lower-level with additional 3rd bedroom or home office space boasts a large family...
  • Notable improvements worth mentioning are that the roof, all exterior doors (front, walkout from family room, walkout from living room) and all windows have been...
Read the full description

Nestled on a quiet court in Historic Cabbagetown, this solid brick home, built in 1985, offers approximately 2,200 sq.ft. of living space. Generously proportioned principle rooms, two fireplaces and an abundance of natural light create a warm and inviting atmosphere. Two second-floor skylight, thoughtfully positioned in the hallway and primary ensuite, fill the upper level with natural light. The spacious primary bedroom features a large walk-in closet and four-piece ensuite. The living room features a fireplace, and walkout to a private backyard, while the lower-level with additional 3rd bedroom or home office space boasts a large family room, complete with fireplace and walk-up to the garden , providing additional living and entertaining space. Enjoy the tranquility of court living just steps from the charm and character of Cabbagetown, with the Riverdale Farm, neighbourhood shops, restaurants and public transit, walking distance to the core of the city. A wonderful opportunity to enjoy spacious living in one of Toronto's most cherished historic neighborhoods. Notable improvements worth mentioning are that the roof, all exterior doors (front, walkout from family room, walkout from living room) and all windows have been replaced 3 years ago. Entire interior of the house was just freshly painted.

Key Facts

Property type
Townhouse, 2-Storey
MLS®
C14103140
Bedrooms
2+1 (3 total)
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
15.45 × 98.85 ft
Cross streets
Wellesley St. and St. James Crt
Parking
1 parking
Driveway
Available, Lane, Private
Basement
Finished with Walk-Out, Full, Walk-Out, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,627 / 2026
Days on market
8
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

See all 10 rooms, floor by floor
BreakfastMain2.64 × 2.21 m

large window · overlooks garden · open concept

BathroomBasement2.11 × 1.65 m

2 Pc Bath

Living RoomMain4.09 × 6.30 m

fireplace · w/o to deck · picture window

KitchenMain2.64 × 3.84 m

eat-in kitchen · stainless steel appl

Dining RoomMain3.02 × 3.02 m

overlooks living · open concept · laminate

Family RoomBasement4.01 × 6.20 m

w/o to yard · fireplace · large window

Primary BedroomSecond4.11 × 3.91 m

4 pc ensuite · walk-in closet(s) · large window

BathroomSecond2.13 × 2.41 m

4 pc bath · tile floor

Bedroom 3Basement3.96 × 4.42 m

closet · large window

Bedroom 2Second4.11 × 5.21 m

closet · large window

Our Take

Team Asgarian · Broker
A small discount is typical
$1.35Mlikely sale price

Listed at $1,399,000. Going by how homes in Cabbagetown-South St. James Town and the wider GTA have actually closed against their asking prices (about 96%, 8 local closings in 90 days), the likely sale price is near $1.35M, if it sells. A realistic range is $1.26M to $1.52M.

Independent value check: $1.24M. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $1.16M and $1.30M).

Why $1.24M. The typical townhouse sold in Cabbagetown-South St. James Town over the past year went for about $1.40M (23 sales). What sets this one apart:

  • ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
List price
$1.26MBelow recent closings$1.52MAbove recent closings

Total price vs nearby homes. Likely closing about $1.35M, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$1.48Mmedian sold price
92%of asking, on average
+7%prices vs a year ago
~27 dayshomes like this take to sell
8days on market so far
$4,818/moest. rent · 5 leases
4.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 8 townhouse homes for sale in the area against 8 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 $1,076/sqft against an area asking average of $933/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. In Cabbagetown-South St. James Town basements rarely rent out (2 of 32 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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.

It never sees the asking price. The 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.44M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Sprucecourt 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

There were not many closely comparable homes right in Cabbagetown-South St. James Town, so I widened the search to the surrounding area.

Based on 8 comparable homes that sold in Cabbagetown-South St. James Town over the past two years, from 43 closings there.

What sellers nearby are asking

For sale in Cabbagetown-South St. James Town now · asking prices
$1.65Mavg asking

Every home like this one for sale in Cabbagetown-South St. James Town right now, newest listing first. These are asking prices, not sales.

Per square foot, these ask about $927/sqft; this home lists at $1,076/sqft. Size is part of the price story, not just the sticker.

The 5 closest in price of 9 for sale in Cabbagetown-South St. James Town.

See all comparable homes
1.40MThis home1.58M1.60M1.60M1.74M1.75MThis home vs active comparables

Sold price trend

Median sold price for townhouses in Toronto: $1.06M in September 2026, down 3% from a year ago, on 900 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. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.05M84
November 2025$1.04M75
December 2025$1.05M55
January 2026$1.04M38
February 2026$1.17M53
March 2026$1.09M86
April 2026$1.22M95
May 2026$1.10M88
June 2026$1.05M97
July 2026$960K91
August 2026$995K47
September 2026$1.06M91

Thinking of selling near Cabbagetown-South St. James Town?

You have just seen what homes around here are asking. We can tell you what yours would sell for, from the closings on your street, free and with no obligation.

Neighbourhood & location

Cabbagetown-South St. James Town, 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.

South Riverdale
$1.33M
Trinity-Bellwoods
$1.61M
Dovercourt-Wallace Emerson-Junction
$1.24M
Victoria Village
$870K

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 & catchment

Assigned 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 Sprucecourt Public School
59%
Sprucecourt Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 59% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Martin Catholic School (St.Martin) · Catholic secondary0.3 km
Rosedale Heights School of the Arts · Public secondary0.5 km · 80% at standard
Rose Avenue Junior Public School · Public elementary0.7 km · 46% at standard
Winchester Junior and Senior Public School · Public elementary0.7 km · 76% at standard
CALC Secondary School · Public secondary0.7 km
St Martin Catholic School(OL of Lourdes · Catholic elementary1.0 km
Quest Alternative School Senior · Public elementary1.0 km
Withrow Avenue Junior Public School · Public elementary1.0 km · 85% at standard
Msgr Fraser College (Isabella Campus) · Catholic secondary1.0 km
Lord Dufferin Junior and Senior Public School · Public elementary1.0 km · 55% at standard
Jarvis Collegiate Institute · Public secondary1.1 km · 57% at standard
Eastdale Collegiate Institute · Public secondary1.3 km

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

Questions About 16 St. James Court

What is the asking price for 16 St. James Court?

It is listed at $1,399,000.

How many bedrooms and bathrooms does 16 St. James Court have?

2+1 bedrooms, and 3 bathrooms (1 of them half baths).

How big is 16 St. James Court?

The listing gives 1100-1500 sq ft of living space, on a 15.45 × 98.85 ft lot.

Does 16 St. James Court have parking?

1 parking space, no garage listed.

What are the property taxes on 16 St. James Court?

$7,627 a year, for 2026.

Is there an offer date for 16 St. James Court?

The listing does not state an offer date.

Which schools is 16 St. James Court zoned for?

By the school boards' attendance boundaries: Sprucecourt Public School, Inglenook Community School and Our Lady of Lourdes. Boundaries change, so confirm with the board before relying on it.

When was 16 St. James Court listed?

It came on the market on October 21, 2026.

Who is the listing brokerage for 16 St. James Court?

HARVEY KALLES REAL ESTATE LTD.. Team Asgarian can book you a private showing and represent you as the buyer: (416) 837-8000.

Affordability & Mortgage

Affordability
$6,376/mo
$267KIncome needed
5.2×Price ÷ income
$1,471Weekly cost
$48,910Land transfer tax, one-time (Ontario + Toronto)
20% down4.79% reference rate25-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.

91%mortgage
Mortgage is 91% of the monthly costMortgage $6,376Property tax $636Total carry $7,012
Calculate and customize your mortgage

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%
$
%
4.59%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of October 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,251per month

Mortgage amount $1,119,200 · 4.59% over 25 years

$279,800Down payment (20.0%)
$1,119,200Loan before insurance
$0CMHC premium
$6,886Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,251
Property tax
$636
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,886

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

One-time closing costs

Ontario land transfer tax
$24,455
Toronto municipal land transfer tax
$24,455
Estimated closing costs
$48,910

Plus your down payment of $279,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.59%Qualifying rate
$7,558/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

$755,977Total interest paid
$1,875,177Total of all payments
Principal $1,119,200 Interest $755,977
YearPrincipalInterestBalance
1$24,629$50,378$1,094,571
2$25,773$49,234$1,068,798
3$26,969$48,038$1,041,829
4$28,221$46,786$1,013,607
5$29,532$45,475$984,076
6$30,903$44,104$953,173
7$32,337$42,670$920,836
8$33,839$41,168$886,997
9$35,410$39,597$851,587
10$37,054$37,953$814,533
11$38,774$36,233$775,759
12$40,574$34,433$735,185
13$42,458$32,549$692,727
14$44,429$30,578$648,298
15$46,492$28,515$601,807
16$48,650$26,357$553,157
17$50,909$24,098$502,248
18$53,272$21,735$448,975
19$55,746$19,261$393,230
20$58,334$16,673$334,896
21$61,042$13,965$273,854
22$63,876$11,131$209,978
23$66,841$8,166$143,137
24$69,945$5,062$73,192
25$73,192$1,815$0

At the end of your 5-year term

Total paid over the term
$375,035
Principal paid down
$135,124
Interest paid
$239,911
Balance remaining
$984,076

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.

Book a Consultation

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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