- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500–599sq ft
- Per sq ft
- $872at the range’s middle
- Tax a year
- $2,0642026 tax year
- Parking
- 0underground
- Days on market
- Members
The brief
About 5-228 St. George St
5-228 St. George St is a 1-bedroom, 1-bathroom condo in Annex, Toronto, listed for sale at an asking price of $478,900 (MLS® C14143484).
A rare opportunity to own a piece of old Toronto in the heart of the Annex. Tucked inside a converted historic mansion, this charming 1-bedroom offers the character of a century home with the convenience of condo living. Original wood detailing, trim, windows, a bay window and soaring 9' ceilings give the space a warmth and personality you simply won't find in a typical condo. The southeast exposure fills the home with natural light throughout the day, while the thoughtfully updated kitchen offers ample cabinetry and full-sized appliances. The bedroom features generous windows and a walk-in closet, with ensuite laundry and a coat closet adding everyday practicality. A brand-new HVAC heat pump has also just been installed. Set on one of the Annex's most sought-after streets, you're approximately 500m from St. George Station and within easy walking distance of U of T, the ROM, Yorkville, Bloor Street, Dupont's restaurants and cafes, shops and countless everyday conveniences. Leave the car behind and enjoy one of Toronto's most connected neighbourhoods. A unique home for someone who values character, location and a sense of history over cookie-cutter condo living. A rare find in a truly unbeatable location.
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall33/100−$942/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 34 condos with 1 bedroom for lease in Annex 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
- $2,064 / 2026
- MLS® number
- C14143484
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 500-599 sqft
- Listed on
- Parking
- Underground, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Annex
- Municipality
- Toronto
Building
- Size
- 500-599 sqft
- Construction
- Brick
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- See Schedule B.
- Condo maint.
- $1,135
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 2.89 × 3.81 m | Bay Window, Closet, Combined W/Kitchen | Flat |
| Kitchen | 2.28 × 3.35 m | Undermount Sink, Combined W/Living, Window | Flat |
| Br | 3.27 × 3.48 m | W/I Closet, Large Window, Wood Trim | Flat |
| Laundry | 1.21 × 1.39 m | — | Flat |
Listing history
Buy/sell history for 5-228 St. George 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 | $478,900 | N/A | For Sale | C14143484 |
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
- $95,780
- Total mortgage amount
- $383,120
- Total interest payment
- $272,380
- Total purchase cost
- $751,280
- Mortgage payment
- $2,185/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
54%Monthly carrying cost
$3,492- Rent $2,550
- Shortfall $942
Rental income opens at $2,550, the median asking rent of 34 comparable homes for lease in Annex. 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
- $6,053
- Toronto municipal land transfer tax
- $6,053
- Total land transfer tax
- $12,106
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $3,631
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 $478,900
- $1,578
- Ontario total
- $6,053
Toronto’s municipal tax uses the same brackets at this price, so it adds another $6,053.
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 Yossi Kaplan, MBA, Salesperson 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 conservation3
- 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 m11 test or monitoring holes also recorded.250 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
- 34 building permits issued within 250 m in the last 2 years250 m
- 3 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 4.2 km4.2 km
- Mapped parcel: about 10,100 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: 500 m500 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
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is The Governing Council of the University of Toronto — St George Campus, 1.3 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about 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 a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, Dotto One, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, 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 — Listed
- Not in a mapped Heritage Conservation District
- 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
Zone
R (d2.0) (x902)By-law
569-2013Municipality
Toronto1 d2.0
Density: floor area is capped at 2.0 times the lot area.
2 x902
Site-specific exception 902: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(902)
4 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
2 building permits cleared at this address in the City’s file.
Multiple ProjectsClosed
Proposal to waterproof and replace the steel deck and concrete topping of the deteriorated double width balconies, install stainless steel helical retrofit ties to laterally secure the brick veneer, targeted repointing at deteriorated mortar joints and sealant replacement of the upper floor windows
Issued March 23, 2021
Backflow Prevention Devices (Water only)Permit Issued
Proposal to install a 3" backflow prevention device
Issued October 17, 2014
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.
262 ST GEORGE STOfficial plan or zoning amendmentOMB Appeal
Appealed on April 24, 2026.Combined Official Plan & Zoning By-law Amendment for an 18-storey building containing 121 dwelling units, and the adaptive re-use of the heritage listed buildings at 262 and 264 St. George Street.
150 m away264 ST GEORGE STOfficial plan or zoning amendmentOMB Appeal
Appealed on April 24, 2026.Combined Official Plan & Zoning By-law Amendment for an 18-storey building containing 121 dwelling units, and the adaptive re-use of the heritage listed buildings at 262 and 264 St. George Street.
160 m away266 ST GEORGE STOfficial plan or zoning amendmentOMB Appeal
Appealed on April 24, 2026.Combined Official Plan & Zoning By-law Amendment for an 18-storey building containing 121 dwelling units, and the adaptive re-use of the heritage listed buildings at 262 and 264 St. George Street.
170 m away321 DAVENPORT RDCondominiumUnder Review
*** Draft Plan of Condominium for 23 residential units in a 9-storey residential building.
300 m away310 DAVENPORT RDSite planUnder Review
INACTIVE Proposal for a 22-storey mixed-use building comprised of 100 residential dwelling units and 1098 square metres of non-residential gross floor area at grade and the second floor. A total of 210 parking spaces will be provided on the lot in a below grade parking garage.
340 m away306 DAVENPORT RDSite planUnder Review
INACTIVE Proposal for a 22-storey mixed-use building comprised of 100 residential dwelling units and 1098 square metres of non-residential gross floor area at grade and the second floor. A total of 210 parking spaces will be provided on the lot in a below grade parking garage.
340 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 Annex right now
- For sale now
- 166
- Median asking price
- $989K
- New in 7 days
- 20
- Price cuts
- 13%
Middle half: $666K to $1.8M
60 in 28 days
22 listings
This home is asking 52% below the median, lower than three quarters of them.
See all homes in AnnexAsking 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 |
|---|---|---|
| St George Station | TTC subway: Line 1 Yonge-University, Line 2 Bloor-Danforth | 450 m |
| Dupont Station | TTC subway: Line 1 Yonge-University | 500 m |
| Spadina Station | TTC subway: Line 1 Yonge-University, Line 2 Bloor-Danforth | 550 m |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 3.4 km |
| Chaplin Station | TTC light rail: Line 5 Eglinton | 3.7 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 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 |
|---|---|---|---|
| Huron Street Junior Public SchoolToronto DSB | Public · grades JK–6 | 150 m | 74%Grade 6 average |
| Jesse Ketchum Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 | 800 m | 89%Grade 6 average |
| Holy Rosary Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 1.7 km | 82%Grade 6 average |
| ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1.9 km | 60%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Loretto College SchoolToronto CDSB | Catholic · grades 9–12 | 1.1 km | 40%Grade 9 math |
| Central Technical SchoolToronto DSB | Public · grades 9–12 | 1.1 km | 34%Grade 9 math |
| St Joseph's College SchoolToronto CDSB | Catholic · grades 9–12 | 1.4 km | 66%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 2.2 km | 86%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
Similar Active Listings
Recently sold nearby
Sold prices in Annex are shown to signed-in members.