MLS® listing
39 Shank Street 308: condo townhouse for sale
$999,900
From the listing brokerage
It's rare to walk into a condo townhome where every single square foot has been treated with this much care. Suite 308 isn't just cosmetic updates, it's a fully permitted, $200k top-to-bottom transformation designed for someone who appreciates genuine quality and smart living. Spread over two levels, the layout feels open, calm, and incredibly functional. Warm engineered oak floors run throughout the entire home, complemented by custom millwork that immediately sets it apart from your typical condo. The custom-built staircase is an absolute standout, artfully designed with seamless, hidden storage tucked underneath.The kitchen was planned for people who love to cook and entertain, anchored by a large quartz island, smart corner cabinetry, deep pull-out pantry drawers, and integrated appliances. It flows naturally into the dining and living area, which walks out to an oversized, south-facing balcony that gets fantastic natural light all afternoon. Upstairs, the primary bedroom spans the full depth of the home, featuring tailored custom wardrobes and a private four-piece ensuite. A generous second bedroom and a clean three-piecebathroom give you the flexibility you need for guests, a nursery, or a quiet work-from-homespace. Also included is an underground parking space, a storage locker, and two bike racks. Tucked into the quiet, tree-lined courtyard of Massey Square, you get neighbourhood peace with all the perks of 1000 King West amenities right next door (gym, party room, library, visitor parking).Step outside and you're seconds from Massey Harris Park, the King streetcar, and an easy walkto dinner on Ossington, coffee in Trinity Bellwoods, or shopping on Queen West. Completely move-in ready. All the hard work and heavy lifting has already been done.
Facts on the listing
| Square feet | 900-999 |
|---|---|
| Approximate age | 16-30 |
| Style | 2-Storey |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $808 |
| Property tax | $4,051 |
| Tax year | 2026 |
| Locker | Exclusive |
| Pets | Yes-with Restrictions |
| Exposure | South |
| Fee includes | Heat Included, Common Elements Included, Building Insurance Included, Water Included, CAC Included, Parking Included |
| Building amenities | Elevator, Exercise Room, Party Room/Meeting Room, Visitor Parking |
| Balcony | Open |
| Laundry | In-Suite Laundry, Laundry Closet |
| Parking | Underground |
| Interior features | Carpet Free |
| Features | Park, Public Transit |
| View | City |
| Floor | 3 |
Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS® C14095260.
About this condo townhouse
39 Shank Street 308 is a 2 bedroom condo townhouse in TRREB's Niagara community in Toronto, listed for sale at $999,900. The listing shows 2 bathrooms and 900-999 square feet. The style is given as 2-storey. The unit faces south. It comes with 1 parking space, an underground garage and a locker (exclusive) according to the listing. The nearest main intersection given is King St w and Shaw St. The age is listed as 16-30 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.
Building amenities on the listing: elevator, exercise room, party room/meeting room and visitor parking.
What it costs to buy 39 Shank Street 308
At the asking price of $999,900, 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 | $999,900 |
|---|---|
| Ontario land transfer tax | $16,473 |
| Toronto municipal land transfer tax | $16,473 |
| Both taxes | $32,946 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $74,990 |
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 | $808 a month |
|---|---|
| Property tax (2026) | $4,051 a year, about $338 a month |
| Fee and tax together | about $1,146 a month |
The listing says the maintenance fee includes heat, common elements, building insurance, water, cac and parking. 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 120 condo townhouse sales in the City of Toronto in August 2026, at a median price of $661,650 and an average of $712,296. This home is listed at $999,900, which is $338,250 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. The listing has a virtual tour, but 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 39 Shank Street 308
How much is land transfer tax on 39 Shank Street 308?
At the asking price of $999,900 the Ontario tax is $16,473 and the Toronto tax is $16,473, $32,946 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 39 Shank Street 308?
$74,990 at the asking price of $999,900, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 39 Shank Street 308?
The listing shows $808 a month, including heat, common elements, building insurance, water, cac and parking. Check the current fee in the status certificate.
How much is the property tax on 39 Shank Street 308?
The listing shows $4,051 a year for 2026, about $338 a month.
Is 39 Shank Street 308 priced above or below the median?
It is listed at $999,900. The August 2026 median for condo townhouse sales in the City of Toronto was $661,650 across 120 sales, so the asking price is $338,250 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 39 Shank Street 308?
Use the form on this page or call us. Quote MLS® C14095260. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 39 Shank Street 308 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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