MLS® listing
308 Jarvis Street 1506: condo apartment for sale
$314,900
From the listing brokerage
Sold under POWER OF SALE. "Sold" as is - where is. Power of Sale Opportunity! The subject property is a studio condominium unit located in JAC Condos in downtown Toronto. The unit features an open-concept layout, floor-to-ceiling windows, laminate flooring, and modern finishes. The building offers amenities including a fitness centre, rooftop terrace, and 24-hour concierge service. The property is located near Toronto Metropolitan University, the Eaton Centre, public transit, restaurants, and other downtown amenities. The location provides access to post-secondary institutions, the Financial District, and other central Toronto destinations.Buyers are advised to conduct their own due diligence regarding the property and its features. A solid property in a sought-after location! MUST SEE! Power of Sale, seller offers no warranty. 48 hours (work days) irrevocable on all offers. Being sold as is. Must attach Schedule "B", "C" and "D" and use Seller's sample offer when drafting offer (copy in attachment section of MLS). No representations or warranties of any kind by seller/agent. All information to be independently verified. Taxes estimated per city website.
Facts on the listing
| Square feet | 0-499 |
|---|---|
| Approximate age | 0-5 |
| Style | Bachelor/Studio |
| Basement | None |
| Parking spaces | 0 |
| Garage | None |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | |
| Property tax | $2,323 |
| Tax year | 2025 |
| Locker | None |
| Pets | No |
| Exposure | North |
| Fee includes | Heat Included, Common Elements Included |
| Balcony | Open |
| Laundry | In-Suite Laundry |
| Interior features | None |
| Floor | 12 |
Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS® C14123818.
About this condo apartment
308 Jarvis Street 1506 is a condo apartment in TRREB's Church-Yonge Corridor community in Toronto, listed for sale at $314,900. The listing shows 1 bathroom and 0-499 square feet. The style is given as bachelor/studio. The unit faces north. The listing shows no parking space. The nearest main intersection given is Carlton/Jarvis. 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 308 Jarvis Street 1506
At the asking price of $314,900, 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 | $314,900 |
|---|---|
| Ontario land transfer tax | $3,199 |
| Toronto municipal land transfer tax | $3,199 |
| Both taxes | $6,398 |
| First-time buyer relief, if you qualify | up to $6,398 |
| Minimum down payment | $15,745 |
The down payment figure is the federal minimum: 5 percent of the price. 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
| Property tax (2025) | $2,323 a year, about $194 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
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 $314,900, which is $235,100 below 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 "No".
- Confirm the parking and locker. Ask whether a space or a locker comes with the unit and whether one can be rented in the building.
- 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 308 Jarvis Street 1506
How much is land transfer tax on 308 Jarvis Street 1506?
At the asking price of $314,900 the Ontario tax is $3,199 and the Toronto tax is $3,199, $6,398 in total. A first-time buyer who qualifies can get up to $6,398 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 308 Jarvis Street 1506?
$15,745 at the asking price of $314,900, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 308 Jarvis Street 1506?
The listing shows $2,323 a year for 2025, about $194 a month.
Is 308 Jarvis Street 1506 priced above or below the median?
It is listed at $314,900. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $235,100 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 308 Jarvis Street 1506?
Use the form on this page or call us. Quote MLS® C14123818. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 308 Jarvis Street 1506 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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