406-33 Lombard St
Church-Yonge Corridor, Toronto, Ontario M5C 3H8
- Bedrooms
- 2+1
- Bathrooms
- 2
- Size
- 1,000–1,199sq ft
- Per sq ft
- $841at the range’s middle
- Tax a year
- $5,5172026 tax year
- Built
- 16-30
- Parking
- 11 underground
- Days on market
- Members
The brief
About 406-33 Lombard St
406-33 Lombard St is a 2+1-bedroom, 2-bathroom condo in Church-Yonge Corridor, Toronto, listed for sale at an asking price of $925,000 (MLS® C13811022).
Welcome to The Spire - Suite 406. If you've spent any time condo shopping downtown, you know the problem: bedrooms that barely fit a bed, dens that are really hallways, and dining tables that only exist in floor plans. This is not that condo. At 1,062 sq ft, this northeast corner two-bedroom plus den gives you actual space to live and grow. Floor-to-ceiling windows wrap the unit in light from two directions, and the layout wastes almost no space on hallways. There is a proper living room. A dining area that could fit a banquet table. And a den that, at 150 sq ft with its own wall of glass, is bigger than most bedrooms in downtown condos. It can be a second living room, a huge work from home office, or whatever your life needs next. The open kitchen has granite counters, stainless steel appliances and a breakfast bar, with dark hardwood throughout the principal rooms. The bedrooms are tucked into their own wing, away from the kitchen and entertaining space. The primary fits a king and has its own four-piece ensuite. The second takes a queen, with a full second bath and glass shower just outside the door. Fresh paint, new lighting, nothing to do but move in. Three independently controlled heating and cooling zones let you keep each part of the suite exactly how you like it. Parking and locker are both owned. There's also a storage room right in the suite, so the car and everything else you own finally have a home. The Spire is one of the best-run buildings in the core, with 24-hour concierge, a gym, guest suites, party room and rooftop terrace with BBQs. But the real amenity is outside the front door. King Station, the PATH, Financial District, St. Lawrence Market and Eaton Centre are all minutes away on foot. This is the kind of space people usually leave downtown to find. Here, you don't have to.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall21/100−$2,327/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 53 condos with 3 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
- $5,517 / 2026
- MLS® number
- C13811022
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 16-30
- Days on market
- Size
- 1000-1199 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Church-Yonge Corridor
- Municipality
- Toronto
Building
- Size
- 1000-1199 sqft
- Building Age
- 16-30
- Construction
- Concrete
Inside
- Bedrooms
- 2+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc, 1 × 3pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Heat Pump
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Stainless steel fridge, stove, built-in dishwasher and over-the-range microwave. Stacked washer and dryer. All electric light fixtures. All roller blinds. One owned parking space and one owned locker.
- Condo maint.
- $1,246
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.78 × 5.15 m | Combined W/Dining, hardwood floor, Large Window | Flat |
| Dining | 3.78 × 5.15 m | Combined W/Living, hardwood floor, Large Window | Flat |
| Kitchen | 2.68 × 3.66 m | Open Concept, Granite Counter, Stainless Steel Appl | Flat |
| Primary | 3.04 × 3.57 m | 4 Pc Ensuite, Large Window, Large Closet | Flat |
| 2nd Br | 2.96 × 3.2 m | Closet, Large Window, hardwood floor | Flat |
| Den | 3.26 × 3.26 m | hardwood floor, Large Window, 3 Pc Bath | Flat |
Listing history
Buy/sell history for 406-33 Lombard 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 | $925,000 | N/A | For Sale | C13811022 |
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
- $185,000
- Total mortgage amount
- $740,000
- Total interest payment
- $526,300
- Total purchase cost
- $1,451,300
- Mortgage payment
- $4,221/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
64%Monthly carrying cost
$5,927- Rent $3,600
- Shortfall $2,327
Rental income opens at $3,600, the median asking rent of 53 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
- $14,975
- Toronto municipal land transfer tax
- $14,975
- Total land transfer tax
- $29,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $21,475
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 $925,000
- $10,500
- Ontario total
- $14,975
Toronto’s municipal tax uses the same brackets at this price, so it adds another $14,975.
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
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 4.0 (c2.0; r4.0) SS1 (x2254)By-law
569-2013Municipality
Toronto1 4.0
Density: total floor area is capped at 4.0 times the lot area.
2 c2.0
Commercial floor area is capped at 2.0 times the lot area.
3 r4.0
Residential floor area is capped at 4.0 times the lot area.
4 x2254
Site-specific exception 2254: this site has rules of its own, written in the by-law.
5 SS1
Standards set 1: 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(2254)
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
21 building permits cleared at this address in the City’s file.
Interior AlterationsInspection
Proposed interior alterations to combine condo units 707 & 708.
Issued February 17, 2026
Building Permit Related(PS)Inspection
Plumbing - Proposed interior alterations to combine condo units 707 & 708.
Issued February 17, 2026
Building Permit Related(MS)Inspection
HVAC - Proposed interior alterations to combine condo units 707 & 708.
Issued February 17, 2026
Interior AlterationsInspection
Proposal for interior alteration - Replacement of (2) existing machine-room less parking garage service elevators with (2) new machine-room type elevators
Issued September 8, 2023
Building Permit Related(MS)Inspection
HVAC - Proposal for interior alteration - Replacement of (2) existing machine-room less parking garage service elevators with (2) new machine-room type elevators
Issued September 8, 2023
Electromagnetic LocksClosed
Upgrade to base building security, addition of magnetic locking devices on 6 doors
Issued September 19, 2022
Piping: Other BuildingsPermit Issued
Proposal for kitec replacement in a retail space (POA Studio Commercial Unit 104)
Issued February 19, 2019
Piping: Other BuildingsPermit Issued
Proposal for in-suite Kitec Piping replacement.
Issued September 5, 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.
114 CHURCH STPlan of subdivisionUnder Review
Draft Plan of Subdivision for 2 blocks.
60 m away59 ADELAIDE ST EOfficial plan or zoning amendmentUnder Review
Combined Official Plan & Zoning By-law Amendment for a new 63-storey mixed-use building, containing approximately 370 dwelling units.
60 m away61 ADELAIDE ST EOfficial plan or zoning amendmentUnder Review
Combined Official Plan & Zoning By-law Amendment for a new 63-storey mixed-use building, containing approximately 370 dwelling units.
60 m away65 ADELAIDE ST EOfficial plan or zoning amendmentUnder Review
Combined Official Plan & Zoning By-law Amendment for a new 63-storey mixed-use building, containing approximately 370 dwelling units.
60 m away63 ADELAIDE ST EOfficial plan or zoning amendmentUnder Review
Combined Official Plan & Zoning By-law Amendment for a new 63-storey mixed-use building, containing approximately 370 dwelling units.
60 m away120 CHURCH STPlan of subdivisionUnder Review
Draft Plan of Subdivision for 2 blocks.
80 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 60% above the median, higher than three quarters of them.
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 | 350 m |
| Queen Station | TTC subway: Line 1 Yonge-University | 350 m |
| TMU Station | TTC subway: Line 1 Yonge-University | 750 m |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 750 m |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 900 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's Choir (Jr) SchoolToronto CDSB | Catholic · grades 1–8 · French Immersion | 450 m | 99%Grade 6 average |
| St Michael Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 600 m | 65%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 650 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 | 450 m | 96%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 1.2 km | 86%Grade 9 math |
| Inglenook Community SchoolToronto DSB | Public · grades 9–12 | 1.3 km | — |
| Native Learning CentreToronto DSB | Public · grades 9–12 | 1.4 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.