298 Jarvis Street, Unit 7, Toronto, ON

$585,000
MLS#:C13620330
3 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
298 Jarvis Street 507, Toronto, ON M5B 2M4

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $585,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free, Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 298 Jarvis St, Suite 507. An impeccably maintained 2+1 bedroom, 2 bathroom corner residence ideally situated within the vibrant Church-Yonge Corridor. Showcasing a coveted south west exposure, this refined suite is enveloped in natural light through expansive windows throughout. Thoughtfully configured, the den has been seamlessly integrated as an elegant dining area, offering both functionality and sophistication for everyday living and entertaining alike. Rich Brazilian Koa hardwood flooring extends throughout the residence. The spacious primary retreat features a 5 piece ensuite bath and custom mahogany closet shelving. Ensuite laundry and brand new dishwasher. Includes 1 parking space and 1 exceptionally large locker.Residents enjoy access to an exceptional collection of amenities including an indoor swimming pool, sauna, steam room, squash court, 24 hour concierge, and fully equipped fitness centre. Ideally positioned steps from public transit, parks, schools, Toronto Metropolitan University, libraries, and the acclaimed dining, cafés, and boutiques along Church Street and Yonge Street.

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Property Summary

This condo apartment located at 298 Jarvis Street, Toronto is currently for sale and has been available on SousaSells for 7 days. This property is listed at $585,000 with an estimated mortgage of $1,947* per month. It has 3 beds, 2 bathrooms, and is 1000-1199 square feet. 298 Jarvis Street, Toronto is in the Church-Yonge Corridor neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Church-Yonge Corridor, Toronto.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1000-1199 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Toronto.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date7/30/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$3,522

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Park
  • Public Transit
  • School
  • Library
  • Hospital

Interior Features

  • Carpet Free
  • Storage

Security Features

  • Concierge/Security
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 298 Jarvis Street, Unit 7, Toronto, ON

Q.What is the asking price for 298 Jarvis Street, Unit 7, Toronto, ON ?

The current listing price for 298 Jarvis Street, Unit 7, Toronto, ON in Church-Yonge Corridor, Toronto is $585,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 1000-1199 sqft.

Q.What property type and architectural style is 298 Jarvis Street, Unit 7, Toronto, ON ?

298 Jarvis Street, Unit 7, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 298 Jarvis Street, Unit 7, Toronto, ON offer?

Key property features include: Park, Public Transit, School, Library, Hospital.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Storage.

Q.What security features are installed at 298 Jarvis Street, Unit 7, Toronto, ON ?

Security features include: Concierge/Security, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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298 Jarvis Street, Unit 7, Toronto, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 298 Jarvis Street 507, Toronto, ON M5B 2M4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate4.00%
Down Payment$175,500 (30.0%)
* Minimum Canadian down payment required for this price is $33,500.
Amortization Period30 Years
Estimated Monthly Payment$1,947Based on a loan of $409,500 over 30 years.
Purchase Price$585,000
Loan Amount$409,500
Provincial Land Transfer Tax:$8,175
Toronto Municipal Land Transfer Tax:$8,175
Total Estimated Closing Taxes:$16,350

About Purchasing a Home in Toronto, ON

For a property listed at $585,000 in Toronto, the legal minimum down payment is $33,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,175 also applies, bringing the total estimated land transfer taxes to $16,350.

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Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,263,069

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Toronto

Elementary Schools

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8.7
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7
Forest Hill
PublicToronto, Ontario, M5P 2W8
8.3

Secondary Schools

North Toronto
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8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
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7.2
Forest Hill
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Leaside
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Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.