Discover exceptional living in the heart of the coveted St. Lawrence Market neighbourhood. This bright and spacious one-bedroom plus media nook suite offers a functional open-concept layout at almost 600 SqFt, a modern kitchen with stainless steel appliances, an oversized bathroom, and abundant natural light cascading throughout. Expansive windows frame peaceful treetop views, while fresh paint and professional cleaning make the suite move-in ready. Residents enjoy outstanding amenities, including a lake-view fitness center with premium equipment, an elegant party room overlooking the CN Tower, outdoor BBQs, guest suites, and a tranquil reading terrace surrounded by greenery. Step outside to one of Toronto's most vibrant downtown communities, with St. Lawrence Market, acclaimed restaurants, cafés, wine bars, patios, the Distillery District, Financial District, Harbourfront, Waterfront Trail, Toronto Eaton Centre, Scotiabank Arena, Rogers Centre, Meridian Hall, Berczy Park, David Crombie Park, Sugar Beach, all nearby. With a Walk Score of 99, daily errands rarely require a car, and King Station, Union Station, TTC, GO Transit, VIA Rail, and the UP Express to Pearson Airport are all within walking distance. The neighborhood is also ideal for cyclists, with dedicated cycling routes and easy access to the waterfront. For all you pet lovers, this pet-friendly building has no weight restrictions for dogs or cats. An incredible opportunity to live, work, dine, and explore in one of downtown Toronto's most connected locations.
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $974 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 3 Market St #422
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
500-599 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
3 Market St #422 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14123614$487,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 3 Market St #422 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
$2,392
/mo
based on the purchase price of $487,000
$97,400 cash
$389,600 financed
$328,145 total interest
Principal54%$389,600
Interest46%$328,145
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 1–2 bed homes for sale in Toronto around $487K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4991.3%On average, homes sold at or above asking.
Active listings12,454Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 1 – Jul 30, 2026.
Based on 9,504 sales from Jul 30 – Oct 28, 2026 (6,943 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
2 for sale at 3 Market St — plus its sale and lease history.
3 Market St #422 is listed at $487,000 (MLS® C14123614). Summitly updates the price as soon as the MLS® record changes.
Is $487,000 a good price for 3 Market St #422?
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 3 Market St #422 changed?
No — 3 Market St #422 is still listed at its original asking price of $487,000.
How many bedrooms and bathrooms does 3 Market St #422 have?
3 Market St #422 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Toronto.
How much would the monthly mortgage be on 3 Market St #422?
About $2,392 a month — principal and interest on $487,000 with 20% down ($97,400), 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 3 Market St #422 compare with other homes in Toronto?
Its asking price of $487,000 is about 42% below the median sold price in Toronto over the last 90 days, $840,000, across 9,504 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 3 Market St #422 been sold before?
Summitly has no earlier MLS® sale or lease of 3 Market St #422 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 3 Market St #422?
3 Market St #422 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 3 Market St #422 been on the market?
3 Market St #422 was listed today (October 28, 2026).
What is the price per square foot of 3 Market St #422?
About $813 to $974 per square foot: the asking price of $487,000 over the 500–599 sq ft the listing gives as its size range.
Does 3 Market St #422 have a basement, and is it finished?
The listing says 3 Market St #422 has no basement.
What is the land transfer tax on 3 Market St #422?
About $12,430 at the asking price of $487,000: $6,215 Ontario land transfer tax plus $6,215 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
