3 Market Street 422

Waterfront Communities C8, Toronto, M5E 0A3 · More in this building

$399,000

1 bedrooms
1 bathrooms
0 parking
500-599 sq ft

Listed 20 days ago · MLS® C13842546

About this home

Discover exceptional living in the heart of the coveted St. Lawrence Market neighbourhood. This bright and spacious one-bedroom plus media nook suite offers a functional open-concept layout at almost 600 SqFt, a modern kitchen with stainless steel appliances, an oversized bathroom, and abundant natural light cascading throughout. Expansive windows frame peaceful treetop views, while fresh paint and professional cleaning make the suite move-in ready. Residents enjoy outstanding amenities, including a lake-view fitness center with premium equipment, an elegant party room overlooking the CN Tower, outdoor BBQs, guest suites, and a tranquil reading terrace surrounded by greenery. Step outside to one of Toronto's most vibrant downtown communities, with St. Lawrence Market, acclaimed restaurants, cafés, wine bars, patios, the Distillery District, Financial District, Harbourfront, Waterfront Trail, Toronto Eaton Centre, Scotiabank Arena, Rogers Centre, Meridian Hall, Berczy Park, David Crombie Park, Sugar Beach, all nearby. With a Walk Score of 99, daily errands rarely require a car, and King Station, Union Station, TTC, GO Transit, VIA Rail, and the UP Express to Pearson Airport are all within walking distance. The neighborhood is also ideal for cyclists, with dedicated cycling routes and easy access to the waterfront. For all you pet lovers, this pet-friendly building has no weight restrictions for dogs or cats. An incredible opportunity to live, work, dine, and explore in one of downtown Toronto's most connected locations.

Details

Type: Condo Apartment
Style: Apartment
Size: 500-599 sq ft
Basement: None
Garage: None
Kitchens: 1
Property tax: $2,831 (2026)
Maintenance fee: $570/month
Neighbourhood: Waterfront Communities C8
Municipality: Toronto C08
Price per sq ft: $726 (20% below condo apartments in Waterfront Communities C8, $906)
Fee per sq ft: $1.04/month (Toronto median $0.92)

Interior

Bedrooms: 1 above ground
Bathrooms: 1 × 4-piece (flat)
Rooms: 4 above ground
Family room or den: No
Fireplace: No
Laundry: In-Suite Laundry, Ensuite

Heating, cooling and services

Heating: Forced Air, Gas
Air conditioning: Central Air

Building and exterior

Style: Apartment
Exterior: Brick

Condo

Monthly fee: $570
Fee includes: Heat Included, Common Elements Included, Building Insurance Included, Water Included, CAC Included
Locker: Owned (level 5)
Exposure: West
Pets: Yes-with Restrictions
Security: Security Guard, Concierge/Security, Security System
Property manager: Del Property Management

Possession: TBA
Nearby: Public Transit
Cross street: Lower Jarvis St/The Esplanade

Rooms

Room	Level	Size	Features
Living Room	Flat	4.34 × 4.83 m (14'3" × 15'10")	Open Concept, Modern Kitchen, Hardwood Floor
Dining Room	Flat	4.34 × 4.83 m (14'3" × 15'10")	Open Concept, Large Window, Hardwood Floor
Kitchen	Flat	4.34 × 4.83 m (14'3" × 15'10")	Open Concept, Stainless Steel Appl, Stone Counters
Primary Bedroom	Flat	3.06 × 3.49 m (10' × 11'5")	Broadloom, Double Closet, Large Window

History of this address

10 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

🚇 King Subway9 min walk
🚇 Union Subway11 min walk
🚆 Toronto Union Station GO12 min walk

Within a 10-minute walk: 19 grocery stores, 243 cafés and restaurants, 22 parks, 21 pharmacies. Nearest grocery: Domino's Fine Foods (200 m). Nearest park: Market Lane Park (300 m).

Schools nearby

Elementary

Downtown Alternative School2 min walk
St. Michael Catholic School Catholic
EQAO: Gr 6 reading 83%, math 36%2 min walk
Market Lane Junior and Senior Public School
EQAO: Gr 6 reading 94%, math 50%9 min walk
Saint Michael's Choir School Catholic16 min walk

Secondary

Inglenook Community School
EQAO: literacy test 50%1.2 km
Contact Alternative School1.7 km
Collège français French1.8 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5E

Owners / renters: 42% / 58%
Median household income: $98,000
Average age: 40
Children under 15: 6%
Homes: 0% detached, 99% high-rise
Commute by transit: 17%
Population: 11,779

Languages spoken most at home besides English: Mandarin 3.3%, Yue (Cantonese) 1.1%, Spanish 1%, Hindi 1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in St Lawrence-East Bayfront-The Islands (2025): about the Toronto average, down 13% from the year before.

Assault38% above average
Break and enterabout average
Auto theft89% below average
Robbery23% above average
Theft from vehicles23% below average
Shootings45% below average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 18 active

7 YONGE ST · 500 m

Plan of Condominium · Draft Plan Approved · applied 2025

Draft Plan of Phased Condominium for 958 residential dwelling units.
Application details
61 FRONT ST W · 400 m

Site Plan · Under Review · applied 2023

The Project includes:· Construction of two new platforms, with canopies, stairs and elevators; and· A new concourse area below the new platforms that will…
Application details
49 YONGE ST · 500 m

Site Plan · Under Review · applied 2022

Site Plan application to permit a 60-storey mixed-use building with 1,757 square metres of non-residential gross floor area on the first five storeys and 256…
Application details
175 KING ST E · 350 m

Site Plan · NOAC Issued · applied 2022

Site Plan Control application to permit the construction of a 46 storey mixed use building containing 437 residential dwelling units, 430 square metres of…
Application details
65 GEORGE ST · 350 m

Site Plan · Under Review · applied 2022

Site Plan Approval for a 17-storey, 16-unit building at 65 George Street. The first floor of the existing heritage building will be incorporated into the new…
Application details
178 QUEENS QUAY E · 450 m

Official Plan / Zoning By-law Amendment · Under Review · applied 2022

Zoning By-law Amendment Application to lift the "H"" Holding Symbol that currently applies to the subject site.
Application details

22 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

Coming transit

🚧 Distillery District 800 m
🚧 Moss Park 800 m
🚧 Queen 850 m

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise 2 sources nearby

🛣️ Gardiner Expressway200 m
🚆 Rail line (Union Station Rail Corridor)100 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Building permits

No building permits at this address since 2014.

3 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

44 City street trees within 100 m, mostly honeys. That’s about the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX PROFESSIONALS INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Estimated monthly cost

Mortgage: $1,747
Property tax: $236
Maintenance: $570
Total: $2,553

$79,800 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $79,800
Land transfer tax (Ontario + Toronto): $9,036
Legal and other costs: ~$2,500
Total: $91,336

First-time buyers can get up to $8,475 of land transfer tax back. All closing costs

Adjust the numbers

Rental potential

$2,500/month

Typical asking rent for 1 bedroom condos like this within 1 km (205 for rent now; most $2,300–$2,650).

As a rental, with 20% down

Rent: $2,500
Mortgage: −$1,747
Property tax: −$236
Maintenance fee: −$570
Insurance, repairs, vacancy: −$185
Cash flow: −$238/month

Cap rate 4.5% · gross yield 7.5%. Rentals need 20% down. Rough figures before income tax; ask us for a full analysis.

Rent control: Depends on when the unit was first lived in: before Nov. 15, 2018 it’s covered by Ontario’s yearly limit (2.1% in 2026); after, there’s no cap.

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