22 Lombard St E #402 is a 2-bedroom, 2-bathroom condo in Toronto, listed for $998,000. It has 1000-1199 sq ft of living space.
1Newer Condo with a great location in the heart of Toronto. 5 min walk to Eaton Centre, St Lawrence Market, Yonge Subway Line. 2 min walk to underground PATH system and Central Business District.
2Incredible amenities on the 5th and 46th floor of 20 Lombard St.
Newer Condo with a great location in the heart of Toronto. 5 min walk to Eaton Centre, St Lawrence Market, Yonge Subway Line. 2 min walk to underground PATH system and Central Business District. Incredible amenities on the 5th and 46th floor of 20 Lombard St. One locker room and one parking Owed.
2 bedrooms, 2 bathrooms, about 1,000 sq ft, works out to roughly $998 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 22 Lombard St E #402
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1000-1199 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
22 Lombard St E #402 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$4,903
/mo
based on the purchase price of $998,000
$199,600 cash
$798,400 financed
$672,462 total interest
Principal54%$798,400
Interest46%$672,462
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.
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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 1–3 bed homes for sale in Toronto around $998K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5185.0%On average, homes sold at or above asking.
Active listings12,092Homes for sale here right now.
Median vs prior 90 days−0.2%Compared with May 8 – Aug 6, 2026: prices down.
Based on 9,142 sales from Aug 6 – Nov 4, 2026 (7,119 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
22 Lombard St E #402 is listed at $998,000 (MLS® C12896072). Summitly updates the price as soon as the MLS® record changes.
Is $998,000 a good price for 22 Lombard St E #402?
Summitly rates it Above Market: the asking price is 5% to 15% above 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 22 Lombard St E #402 changed?
Yes — it was first listed at $1,380,000 and is now $998,000, a drop of $382,000 (27.7%).
How many bedrooms and bathrooms does 22 Lombard St E #402 have?
22 Lombard St E #402 has 2 bedrooms and 2 bathrooms, with about 1,000–1,199 square feet of living space. It is a condo in Toronto.
Is 22 Lombard St E #402 close to transit?
The nearest rapid-transit station is Queen Station (Line 1), about 260 m (about a 3-minute walk) in a straight line. King Station is about 310 m (about a 4-minute walk), and TMU Station is about 640 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 22 Lombard St E #402?
About $4,903 a month — principal and interest on $998,000 with 20% down ($199,600), 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 22 Lombard St E #402 compare with other homes in Toronto?
Its asking price of $998,000 is about 19% above the median sold price in Toronto over the last 90 days, $840,000, across 9,142 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 22 Lombard St E #402 been sold before?
Summitly has no earlier MLS® sale or lease of 22 Lombard St E #402 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 22 Lombard St E #402?
22 Lombard St E #402 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 22 Lombard St E #402 been on the market?
231 days — 22 Lombard St E #402 was listed on March 18, 2026.
What is the price per square foot of 22 Lombard St E #402?
About $832 to $998 per square foot: the asking price of $998,000 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 22 Lombard St E #402 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.