- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 900–999sq ft
- Per sq ft
- $1,053at the range’s middle
- Tax a year
- $4,0512026 tax year
- Built
- 16-30
- Parking
- 11 underground
- Days on market
- Members
The brief
About 308-39 Shank St
308-39 Shank St is a 2-bedroom, 2-bathroom condo townhouse in Niagara, Toronto, listed for sale at an asking price of $999,900 (MLS® C14095260).
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.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall11/100−$2,783/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 100 homes with 2 bedrooms for lease in Niagara right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,051 / 2026
- MLS® number
- C14095260
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Building Age
- 16-30
- Days on market
- Size
- 900-999 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- 2-Storey
- Community
- Niagara
- Municipality
- Toronto
Building
- Size
- 900-999 sqft
- Building Age
- 16-30
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc 2nd, 1 × 3pc 2nd
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Stainless steel built-in oven, cooktop, range hood, fridge and built-in microwave, built-indishwasher, stacked washer and dryer, all electric light fixtures, all window coveringsincluding custom drapes, bedroom wardrobes with closet organizers. One underground parkingspace, one storage locker (exclusive use) and two bike racks (exclusive use).
- Condo maint.
- $808
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.2 × 5.99 m | hardwood floor, W/O To Balcony, B/I Shelves | Flat |
| Dining | 3.2 × 5.99 m | hardwood floor, Open Concept, Large Window | Flat |
| Kitchen | 3.1 × 6.65 m | Centre Island, Quartz Counter, Stainless Steel Appl | Flat |
| Primary | 2.82 × 2.87 m | hardwood floor, 4 Pc Ensuite, Large Closet | 2nd |
| 2nd Br | 1.98 × 2.74 m | hardwood floor, B/I Closet, Large Window | 2nd |
Listing history
Buy/sell history for 308-39 Shank St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $999,900 | N/A | For Sale | C14095260 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $199,980
- Total mortgage amount
- $799,920
- Total interest payment
- $568,680
- Total purchase cost
- $1,568,580
- Mortgage payment
- $4,562/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
69%Monthly carrying cost
$5,708- Rent $2,925
- Shortfall $2,783
Rental income opens at $2,925, the median asking rent of 100 comparable homes for lease in Niagara. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $16,473
- Toronto municipal land transfer tax
- $16,473
- Total land transfer tax
- $32,946
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $24,471
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $999,900
- $11,998
- Ontario total
- $16,473
Toronto’s municipal tax uses the same brackets at this price, so it adds another $16,473.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m67 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (286 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 46 building permits issued within 250 m in the last 2 years250 m
- 5 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 1.7 km1.7 km
- Mapped parcel: about 51,380 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 190 m190 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is City of Toronto — 1116 King Street West, 960 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
CR 4.4 (c0.5; r4.4) SS4 (x2287)By-law
569-2013Municipality
Toronto1 4.4
Density: total floor area is capped at 4.4 times the lot area.
2 c0.5
Commercial floor area is capped at 0.5 times the lot area.
3 r4.4
Residential floor area is capped at 4.4 times the lot area.
4 x2287
Site-specific exception 2287: this site has rules of its own, written in the by-law.
5 SS4
Standards set 4: the setback, height and coverage rules the by-law applies to this zone.
6 Where this is written
Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(2287)
7 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
1 building permit cleared at this address in the City’s file.
Interior AlterationsInspection
Alterations to existing dwelling unit 308 - new stairs and kitchen, interior wall partitions on lower and upper levels removed, all exterior and demising walls and windows to remain.
Issued November 30, 2016
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
952 KING ST WSite planUnder Review
The proposed development consists of a 16-storey mixed-use building, which will have a total height of 50.6 metres to the top of the roof and 56.6 metres to the top of the mechanical penthouse. The building will be comprised of approximately 578 square metres of ground floor retail space, and will contain 213 residential units, including grade-related townhouse units along the Strachan Avenue frontage. The proposed gross floor area will be approximately 14,441 square metres, resulting in a density of 9.33 FSI. A Zoning By-law Amendment application (22 201229 STE 10 OZ) is being concurrently reviewed with this site plan application.
170 m away109 STRACHAN AVESite planUnder Review
Site plan approval application to facilitate the redevelopment of the site for a 13 storey mixed-use building having a non-residential gross floor area of 138 square metres, and a residential gross floor area of 21,122 square metres. The Zoning By-law Amendment and Official Plan Amendment application has been OLT approved, pending final order until the applicant has fulfilled the required conditions.
230 m away111 STRACHAN AVESite planUnder Review
Site plan approval application to facilitate the redevelopment of the site for a 13 storey mixed-use building having a non-residential gross floor area of 138 square metres, and a residential gross floor area of 21,122 square metres. The Zoning By-law Amendment and Official Plan Amendment application has been OLT approved, pending final order until the applicant has fulfilled the required conditions.
230 m away127 STRACHAN AVESite planUnder Review
Site plan approval application to facilitate the redevelopment of the site for a 13 storey mixed-use building having a non-residential gross floor area of 138 square metres, and a residential gross floor area of 21,122 square metres. The Zoning By-law Amendment and Official Plan Amendment application has been OLT approved, pending final order until the applicant has fulfilled the required conditions.
240 m away115 STRACHAN AVESite planUnder Review
Site plan approval application to facilitate the redevelopment of the site for a 13 storey mixed-use building having a non-residential gross floor area of 138 square metres, and a residential gross floor area of 21,122 square metres. The Zoning By-law Amendment and Official Plan Amendment application has been OLT approved, pending final order until the applicant has fulfilled the required conditions.
240 m away61 HANNA AVESite planUnder Review
The proposal includes a 3-storey podium with retail at grade and two residential towers at 29 and 34 storeys.
460 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Niagara right now
- For sale now
- 25
- Median asking price
- $849K
- New in 7 days
- 2
- Price cuts
- 24%
Middle half: $630K to $999K
12 in 28 days
6 listings
This home is asking 18% above the median, higher than three quarters of them.
See all homes in NiagaraAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Exhibition GO | GO Transit train: Lakeshore West | 800 m |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 2.4 km |
| Ossington Station | TTC subway: Line 2 Bloor-Danforth | 2.5 km |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 2.5 km |
| Christie Station | TTC subway: Line 2 Bloor-Danforth | 2.5 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Givins/Shaw Junior Public SchoolToronto DSB | Public · grades JK–6 | 550 m | 86%Grade 6 average |
| Niagara Street Junior Public SchoolToronto DSB | Public · grades JK–6 | 550 m | 95%Grade 6 average |
| St Mary Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 900 m | 75%Grade 6 average |
| École élémentaire Pierre-Elliott-TrudeauConseil scolaire Viamonde | French-language public · grades JK–6 | 1.1 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Msgr Fraser College (Southwest)Toronto CDSB | Catholic · grades 9–12 | 700 m | — |
| City SchoolToronto DSB | Public · grades 9–12 | 1.6 km | — |
| Parkdale Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.8 km | 61%Grade 9 math |
| ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 2.4 km | 69%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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