Boutique Condos at 21 Nelson Street offer a stylish 2-bedroom suite in one of downtown Toronto's most sought-after locations. Featuring expansive floor-to-ceiling windows, this unit is filled with natural light and includes ensuite laundry along with individually controlled heating and A/C for year-round comfort.Ideally situated at Nelson and Simcoe, just steps to both King and Queen, you're in the heart of the Financial and Entertainment Districts. Located next to the renowned Shangri-La Hotel and within walking distance to University Avenue and two major subway lines.Residents enjoy premium amenities including a 24-hour concierge, guest suites, lap pool, and a fully equipped fitness centre-delivering a refined, hotel-inspired living experience in the core of the city.
2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $856 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 21 Nelson St #331
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
700-799 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
21 Nelson St #331 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13988374$599,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 21 Nelson St #331 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,943
/mo
based on the purchase price of $599,000
$119,800 cash
$479,200 financed
$403,612 total interest
Principal54%$479,200
Interest46%$403,612
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $599K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4897.6%On average, homes sold at or above asking.
Active listings12,024Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 9,691 sales from Jul 15 – Oct 13, 2026 (6,629 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
1 for sale · 4 for rent at 21 Nelson St — plus its sale and lease history.
21 Nelson St #331 is listed at $599,000 (MLS® C13988374). Summitly updates the price as soon as the MLS® record changes.
Is $599,000 a good price for 21 Nelson St #331?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 21 Nelson St #331 changed?
No — 21 Nelson St #331 is still listed at its original asking price of $599,000.
How many bedrooms and bathrooms does 21 Nelson St #331 have?
21 Nelson St #331 has 2 bedrooms and 2 bathrooms, with about 700–799 square feet of living space. It is a condo in Toronto.
Is 21 Nelson St #331 close to transit?
The nearest rapid-transit station is Osgoode Station (Line 1), about 250 m (about a 3-minute walk) in a straight line. St. Andrew Station is about 280 m (about a 4-minute walk), and St. Patrick Station is about 660 m (about a 8-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 21 Nelson St #331?
About $2,943 a month — principal and interest on $599,000 with 20% down ($119,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 21 Nelson St #331 compare with other homes in Toronto?
Its asking price of $599,000 is about 29% below the median sold price in Toronto over the last 90 days, $848,000, across 9,691 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 21 Nelson St #331 been sold before?
Summitly has no earlier MLS® sale or lease of 21 Nelson St #331 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 21 Nelson St #331?
21 Nelson St #331 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 21 Nelson St #331 been on the market?
21 Nelson St #331 was listed today (October 13, 2026).
What is the price per square foot of 21 Nelson St #331?
About $750 to $856 per square foot: the asking price of $599,000 over the 700–799 sq ft the listing gives as its size range.
Does 21 Nelson St #331 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.