MLS® listing
195 McCaul Street 1601: condo apartment for sale
$874,888
From the listing brokerage
Just below the penthouse levels, this stunning west-facing suite offers unobstructed sunset views from the largest balcony available in the floorplan, complete with 1 parking space and 1 locker. A truly one-of-a-kind unit with no expense spared, featuring 9-foot ceilings, pot lights, and flush-mount LED lighting throughout. The fully upgraded kitchen showcases sleek black cabinetry, subway tile backsplash, and stainless steel appliances, perfectly complemented by exposed concrete walls and ceilings for a modern urban aesthetic. The spacious primary bedroom includes a double closet, private walkout to the balcony, and a beautifully upgraded 4-piece ensuite. Both bathrooms feature floor-to-ceiling tile finishes, creating a clean, luxurious feel throughout. Additional highlights include in-suite stacked laundry, a large front foyer closet, and a separate linen closet for added storage. Enjoy breathtaking city and sunset views with absolutely no buildings obstructing your sightlines. Unbeatable location in the heart of Toronto's renowned Health Science District, just steps to Mount Sinai Hospital, The Hospital For Sick Children, and Toronto General Hospital at Dundas St. W. & University Ave. Residents also enjoy premium building amenities including a 24-hour concierge, fitness studio, and more. The premium parking space is ideally positioned for easy access, located beside only one other vehicle and directly next to the unit's storage locker and additional bicycle storage. Extras: Blackout window coverings in the primary bedroom, blinds in the living area, largest balcony offered with this floorplan, 1 parking space, 1 locker, and all stainless steel appliances included.
Facts on the listing
| Square feet | 800-899 |
|---|---|
| Approximate age | 0-5 |
| Style | 1 Storey/Apt |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Heat Pump |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $779 |
| Property tax | $7,090 |
| Tax year | 2025 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | South West |
| Fee includes | Water Included, Common Elements Included, Building Insurance Included |
| Balcony | Open |
| Laundry | In-Suite Laundry |
| Parking | Private, Underground |
| Interior features | Carpet Free |
| View | City, Skyline |
| Floor | 16 |
Listing courtesy of UNION CAPITAL REALTY. MLS® C13198894.
About this condo apartment
195 McCaul Street 1601 is a 2 bedroom condo apartment in TRREB's Kensington-Chinatown community in Toronto, listed for sale at $874,888. The listing shows 2 bathrooms and 800-899 square feet. The style is given as 1 storey/apt. The unit faces south west. It comes with 1 parking space, an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Dundas St/ McCaul St. The age is listed as 0-5 years.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
What it costs to buy 195 McCaul Street 1601
At the asking price of $874,888, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $874,888 |
|---|---|
| Ontario land transfer tax | $13,973 |
| Toronto municipal land transfer tax | $13,973 |
| Both taxes | $27,946 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $62,489 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $779 a month |
|---|---|
| Property tax (2025) | $7,090 a year, about $591 a month |
| Fee and tax together | about $1,370 a month |
The listing says the maintenance fee includes water, common elements and building insurance. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $874,888, which is $324,888 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 195 McCaul Street 1601
How much is land transfer tax on 195 McCaul Street 1601?
At the asking price of $874,888 the Ontario tax is $13,973 and the Toronto tax is $13,973, $27,946 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 195 McCaul Street 1601?
$62,489 at the asking price of $874,888, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 195 McCaul Street 1601?
The listing shows $779 a month, including water, common elements and building insurance. Check the current fee in the status certificate.
How much is the property tax on 195 McCaul Street 1601?
The listing shows $7,090 a year for 2025, about $591 a month.
Is 195 McCaul Street 1601 priced above or below the median?
It is listed at $874,888. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $324,888 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 195 McCaul Street 1601?
Use the form on this page or call us. Quote MLS® C13198894. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 195 McCaul Street 1601 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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