438 Huron St #2803 is a 3-bedroom, 2-bathroom condo in Toronto, offered as an assignment of the builder's contract, listed for $2,263,000. It has 1000-1199 sq ft of living space.
1Experience refined urban living at CIELO in the heart of Toronto!
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3 Bed, 2 Bath Condo in Toronto
Unit 2803 at 438 Huron Street
Experience refined urban living at CIELO in the heart of Toronto! This pristine, top-tier preconstruction assignment offers an expansive three-bedroom, two-bathroom layout featuring 1,163 square feet of beautifully designed interior space complemented by a private, north-facing balcony. Step inside to an airy, open-concept floor plan highlighted by sleek laminate flooring, a chef-inspired kitchen with modern stainless steel appliances and quartz countertops, and a tranquil primary suite complete with a private four-piece ensuite. Perfect for contemporary lifestyles, this exceptional home comes complete with an owned electric vehicle parking space and a dedicated storage locker, all situated steps from Toronto's vibrant culture, fine dining, and transit options along Bloor Street West.
3 bedrooms, 2 bathrooms, about 1,000 sq ft, works out to roughly $2,263 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
How assignment sales work
What changes when you buy a builder contract instead of a finished home: HST, deposits, builder consent — each checked against its official source.
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What an assignment is
An assignment sale is when the original buyer of a new, not-yet-completed home (the assignor) sells their rights and obligations under the agreement of purchase and sale with the builder to someone else (the assignee), who then closes with the builder.
Since May 7, 2022, all assignment sales of newly constructed or substantially renovated residential housing are taxable for GST/HST. For assignment agreements entered into after May 6, 2022, an amount that reimburses the assignor's deposit to the builder can be excluded from the taxable amount when the assignment agreement states that part of the price is for that deposit reimbursement.
On a new condominium unit, the builder must hold deposit money in trust under the Condominium Act, and the new home warranty protects up to $20,000 if a deposit was not placed in trust. On a new freehold home, Tarion covers the deposit up to $60,000 on homes priced at $600,000 or less, and 10% of the price up to $100,000 above that.
Whether a unit can be assigned, and on what terms (for example the builder's written consent or an assignment fee), is set by the assignment clause of the original agreement of purchase and sale. Read that clause, with a lawyer, before you commit.
Checked against the sources above on 2026-09-25. Not legal or tax advice.
Ask before you offer
This listing's description doesn't state the original purchase price, how much deposit is paid, the occupancy date or the builder's assignment fee. The full package (the original agreement and deposit receipts) answers these.
Selling an assignment?
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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 2–3 bed homes for sale in Toronto around $2.3M.
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 listings12,346Homes 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.
Questions About 438 Huron St #2803
Is 438 Huron St #2803 an assignment sale?
Yes. The listing describes it as an assignment: the original buyer is selling their contract with the builder, and the buyer who takes it over closes with the builder.
How much cash do I need to buy 438 Huron St #2803?
On an assignment you typically repay the original buyer's deposit and pay any markup when the assignment is signed, then pay the builder the balance at final closing, usually with a mortgage. This listing doesn't state enough figures to work out the amounts — ask for the full package.
Is HST charged on an assignment sale?
Since May 7, 2022, assignment sales of new residential homes are taxable for GST/HST (CRA info sheet GI-120). The part of the price that reimburses the original buyer's deposit can be excluded from the taxable amount when the assignment agreement says so.
Does the builder have to approve an assignment?
Usually the original agreement of purchase and sale sets whether the unit can be assigned and on what terms — often the builder's written consent and an assignment fee. Read that clause with a lawyer before you commit.
How much is 438 Huron St #2803 listed for?
438 Huron St #2803 is listed at $2,263,000 (MLS® C14150186). Summitly updates the price as soon as the MLS® record changes.
Has the price of 438 Huron St #2803 changed?
No — 438 Huron St #2803 is still listed at its original asking price of $2,263,000.
How many bedrooms and bathrooms does 438 Huron St #2803 have?
438 Huron St #2803 has 3 bedrooms and 2 bathrooms, with about 1,000–1,199 square feet of living space. It is a condo in Toronto.
How does 438 Huron St #2803 compare with other homes in Toronto?
Its asking price of $2,263,000 is about 169% 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.
Where is 438 Huron St #2803?
438 Huron St #2803 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 438 Huron St #2803 been on the market?
438 Huron St #2803 was listed today (November 4, 2026).
Does 438 Huron St #2803 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 438 Huron St #2803 have a basement, and is it finished?
The listing says 438 Huron St #2803 has no basement.
