424-22 Leader Lane
Church-Yonge Corridor, Toronto, Ontario M5E 0B2
- Bedrooms
- 1+1
- Bathrooms
- 1
- Size
- 600–699sq ft
- Per sq ft
- $947at the range’s middle
- Tax a year
- $3,6722025 tax year
- Built
- 51-99
- Parking
- 0none
- Days on market
- Members
The brief
About 424-22 Leader Lane
424-22 Leader Lane is a 1+1-bedroom, 1-bathroom condo in Church-Yonge Corridor, Toronto, listed for sale at an asking price of $615,000 (MLS® C14118324).
An Incredible Opportunity To Own A Piece Of History In The King Edward Private Residences. This Bright & Airy, 695 Square Foot, One-Bedroom + Den Residence Is Perfectly Positioned In The Building. Every Inch Of This Ingeniously Designed Residence Reflects Superior Craftsmanship And Attention To Detail. The Large Principal Rooms Promote Social Circulation & Provide An Abundance Of Natural Light. The Elegant Kitchen Features Top Of The Line Built-In Appliances & Ample Storage Space. The Spacious Primary Bedroom Retreat Showcases A Large Double Closet And Additional Storage Closet. The Ingeniously Designed Separate Den Could Be Utilized As A Dining Room Or Home Office, A Multifunctional Space. The Spa-Like Bathroom Features Marble Countertops & Premium Bath Fixtures. Access To World-Class Hotel Amenities. Steps To Financial & Entertainment Districts, Path System, St. Lawrence Market, Union Station, Acclaimed Restaurants & Shopping, TTC At Your Doorstep & Easy Highway Access.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall28/100−$1,335/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 182 condos with 2 bedrooms for lease in Church-Yonge Corridor 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
- $3,672 / 2025
- MLS® number
- C14118324
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 51-99
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Church-Yonge Corridor
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Building Age
- 51-99
- Construction
- Brick
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Heat Pump
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Includes All Appliances, Paneled Fridge, B/I Cooktop, Oven, Range Hood, Dishwasher, Washer/Dryer. All Window Coverings, Light Fixtures, Television In Living Room & Locker.
- Condo maint.
- $1,023
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.11 × 4.45 m | hardwood floor, Combined W/Dining, Large Window | Main |
| Dining | 4.11 × 4.45 m | hardwood floor, Open Concept, Large Window | Main |
| Kitchen | 4.11 × 4.45 m | hardwood floor, B/I Appliances, Window | Main |
| Primary | 3.08 × 3.95 m | hardwood floor, His/Hers Closets, Large Window | Main |
| Den | 1.73 × 1.95 m | Hardwood Floor | Main |
Listing history
Buy/sell history for 424-22 Leader Lane, 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 | $615,000 | N/A | For Sale | C14118324 |
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
- $123,000
- Total mortgage amount
- $492,000
- Total interest payment
- $349,800
- Total purchase cost
- $964,800
- Mortgage payment
- $2,806/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
58%Monthly carrying cost
$4,135- Rent $2,800
- Shortfall $1,335
Rental income opens at $2,800, the median asking rent of 182 comparable homes for lease in Church-Yonge Corridor. 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
- $8,775
- Toronto municipal land transfer tax
- $8,775
- Total land transfer tax
- $17,550
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $9,075
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 $615,000
- $4,300
- Ontario total
- $8,775
Toronto’s municipal tax uses the same brackets at this price, so it adds another $8,775.
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 m55 test or monitoring holes also recorded.250 m
- Groundwater recorded about 2.4 m below ground nearbyThe middle water level in the well records within 500 m (254 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
- 445 building permits issued within 250 m in the last 2 years250 m
- 21 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 2.1 km2.1 km
- Mapped parcel: about 46,530 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: 400 m400 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
- 1 recorded oil, gas or salt well within 250 mFrom Ontario’s petroleum well records, which include old and plugged wells.250 m
- 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Pearl Street Steam Plant, 820 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 (0 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
- On the Heritage Register — Part V, by-law 1253-2022
- In the St. Lawrence Neighbourhood Heritage Conservation District, by-law 1253-2022
- Not in the mapped ravine protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City 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
By-law
See Former City of Toronto By-Law No. 438-86What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. 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.
Other(BA)Closed
Replace existing canopy over the residential entrance on the east elevation
Issued March 12, 2018
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.
15 TORONTO STSite planUnder Review
Site Plan Control application proposes to permit a 56-storey mixed use building containing 394 residential dwelling units, 148 square metres of retail space, and 0 car parking spaces.
130 m away3 KING ST ESite planUnder Review
Site Plan Control application to permit converting the existing office uses in the 15-storey designated heritage building to residential uses on levels 2 to 15, infilling the southeast corner of the building and adding 6 storeys on top of the existing building. This would result in approximately 11,567 square metres of residential uses consisting of 127 dwelling units, and 1,362 square metres of retail and restaurant uses on the ground floor and basement level.
160 m away23 TORONTO STSite planUnder Review
Site Plan Control application to permit a 80 storey mixed use building containing 816 residential dwelling units, 1,599 square metres of retail space, 2,620 square metres of office, and 49 car parking spaces.
160 m away69 YONGE STSite planUnder Review
Site Plan Control application to permit converting the existing office uses in the 15-storey designated heritage building to residential uses on levels 2 to 15, infilling the southeast corner of the building and adding 6 storeys on top of the existing building. This would result in approximately 11,567 square metres of residential uses consisting of 127 dwelling units, and 1,362 square metres of retail and restaurant uses on the ground floor and basement level.
160 m away69 YONGE STSite planApplication Received
160 m away55 YONGE STSite planUnder Review
Site Plan Control application to permit a 66-storey (232 metres including mechanical penthouse) mixed-use building containing 511 residential dwelling units, 14,778 square metres of office and 1,222 square metres of retail.
160 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 Church-Yonge Corridor right now
- For sale now
- 365
- Median asking price
- $580K
- New in 7 days
- 44
- Price cuts
- 19%
Middle half: $488K to $750K
139 in 28 days
71 listings
This home is asking 6% above the median.
See all homes in Church-Yonge CorridorAsking 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 |
|---|---|---|
| King Station | TTC subway: Line 1 Yonge-University | 200 m |
| Queen Station | TTC subway: Line 1 Yonge-University | 500 m |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 550 m |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 800 m |
| TMU Station | TTC subway: Line 1 Yonge-University | 950 m |
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 and UP Express 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 |
|---|---|---|---|
| St Michael Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 500 m | 65%Grade 6 average |
| St Michael's Choir (Jr) SchoolToronto CDSB | Catholic · grades 1–8 · French Immersion | 700 m | 99%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 850 m | 96%Grade 6 average |
| Market Lane Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 | 900 m | 78%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 700 m | 96%Grade 9 math |
| Inglenook Community SchoolToronto DSB | Public · grades 9–12 | 1.4 km | — |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 1.5 km | 86%Grade 9 math |
| Native Learning CentreToronto DSB | Public · grades 9–12 | 1.6 km | — |
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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Sold prices in Church-Yonge Corridor are shown to signed-in members.