| Water Included | |
| Common Elements Included | |
| Building Insurance Included |























542 - 22 Leader Lane
Church-Yonge Corridor, Toronto
$549,999
Quiet, private, and tucked at the end of the hall, this one-bedroom end unit resides in the King Edward Private Residences, the residential wing of Toronto's landmark hotel. Nearly 10-ft ceilings and hardwood flooring throughout. The kitchen pairs integrated appliances with refinished cabinetry, and the bathroom includes a soaker tub for slow mornings. The entire suite was freshly painted and fitted with custom window coverings, a brand-new washer/dryer, closet organizers, and an included storage locker. Under one historic roof: a spa with resident discounts, a restaurant, hair salon, flower shop, cafe/bakeshop, a 24/7 fitness centre (well above the usual condo gym), 24-hour concierge/security, and access to full hotel amenities including the Royal Club Lounge. The building is well-run with a healthy $2.2M reserve fund and a 45-year study period (vs. the standard 30). Outside, you're in the heart of the Financial District: steps from the St. Lawrence Market, King Street dining, and transit, with Union Station a short walk away. Polished and turnkey, in one of the city's most distinctive addresses.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $805 |
| Locker | Owned |
| Balcony | None |
| Exposure | East |
| Parking Type | None |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $3,177 |
| mls© Number | C13784494 |
| Listed By | ROYAL LEPAGE SIGNATURE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,815
- Property tax
- $265
- Heat allowance
- $150
- Condo fees, half counted
- $403
- Housing costs
- $3,632 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$112,000
gross annual household income
- Payment at 4%
- $2,314 / mo
- Cash down
- $110,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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