MLS® listing
18 Maitland Terrace 403: condo apartment for sale
$399,000
From the listing brokerage
Welcome to Teahouse Condos at 18 Maitland Terrace, where contemporary urban living meets exceptional convenience in the heart of downtown Toronto! Tucked away on a quieter street just steps from Yonge Street and Wellesley Subway Station, this sought-after residence offers an outstanding opportunity to enjoy the very best of the Church-Yonge Corridor. This bright, east-facing one-bedroom suite features 435 sq. ft. of thoughtfully designed interior living space, 9-foot ceilings, floor-to-ceiling windows and an open-concept living, dining and kitchen area with modern cabinetry, granite countertops and stainless-steel appliances. The showpiece is an exceptionally spacious private terrace that transforms this downtown condo into an indoor-outdoor retreat during the warmer months, offering remarkable additional space for dining, entertaining and relaxing. The bedroom features floor-to-ceiling windows and generous closet space, while ensuite laundry adds everyday convenience. Experience resort-inspired living with an impressive collection of building amenities, including 24-hour concierge, fitness centre, yoga studio, outdoor pool, indoor spa, theatre room, party lounge, BBQ terrace and visitor parking. Step outside and discover an incredible selection of restaurants, cafés, shops, nightlife and everyday essentials along Yonge Street, with Loblaws, College Park and the Eaton Centre nearby. Enjoy easy access to the University of Toronto, Toronto Metropolitan University, Toronto General Hospital, Queen's Park, the Financial District and the boutiques and restaurants of Bloor-Yorkville. With exceptionally low maintenance fees and an unbeatable central location, this is an outstanding opportunity for first-time buyers, urban professionals and investors seeking a vibrant, connected downtown Toronto lifestyle.
Facts on the listing
| Square feet | 0-499 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 0 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $358 |
| Property tax | $2,402 |
| Tax year | 2026 |
| Locker | None |
| Pets | Yes-with Restrictions |
| Exposure | East |
| Fee includes | Heat Included, Water Included, Building Insurance Included, Common Elements Included, CAC Included |
| Building amenities | Concierge, Gym, Party Room/Meeting Room, Indoor Pool, Guest Suites |
| Balcony | Terrace |
| Laundry | In-Suite Laundry, Laundry Closet |
| Interior features | Other |
| Features | Park, Public Transit, Library, Hospital, School |
| Floor | 4 |
Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS® C14151398.
About this condo apartment
18 Maitland Terrace 403 is a 1 bedroom condo apartment in TRREB's Church-Yonge Corridor community in Toronto, listed for sale at $399,000. The listing shows 1 bathroom and 0-499 square feet. The style is given as apartment. The unit faces east. It comes with an underground garage according to the listing. The nearest main intersection given is Yonge St. & Wellesley St..
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: concierge, gym, party room/meeting room, indoor pool and guest suites.
What it costs to buy 18 Maitland Terrace 403
At the asking price of $399,000, 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 | $399,000 |
|---|---|
| Ontario land transfer tax | $4,460 |
| Toronto municipal land transfer tax | $4,460 |
| Both taxes | $8,920 |
| First-time buyer relief, if you qualify | up to $8,460 |
| Minimum down payment | $19,950 |
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
| Maintenance fee | $358 a month |
|---|---|
| Property tax (2026) | $2,402 a year, about $200 a month |
| Fee and tax together | about $558 a month |
The listing says the maintenance fee includes heat, water, building insurance, common elements and cac. 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 $399,000, which is $151,000 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 "Yes-with Restrictions".
- 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 18 Maitland Terrace 403
How much is land transfer tax on 18 Maitland Terrace 403?
At the asking price of $399,000 the Ontario tax is $4,460 and the Toronto tax is $4,460, $8,920 in total. A first-time buyer who qualifies can get up to $8,460 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 18 Maitland Terrace 403?
$19,950 at the asking price of $399,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 18 Maitland Terrace 403?
The listing shows $358 a month, including heat, water, building insurance, common elements and cac. Check the current fee in the status certificate.
How much is the property tax on 18 Maitland Terrace 403?
The listing shows $2,402 a year for 2026, about $200 a month.
Is 18 Maitland Terrace 403 priced above or below the median?
It is listed at $399,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $151,000 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 18 Maitland Terrace 403?
Use the form on this page or call us. Quote MLS® C14151398. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 18 Maitland Terrace 403 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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