$498,000
228 St. George Street 5, Toronto, ON M5R 2N5
Annex · Toronto · M5R 2N5
Listing brokerage: BABIAK TEAM REAL ESTATE BROKERAGE LTD.
- Beds
- 1
- Baths
- 1
- Sq ft
- 500–599
- Parking
- 0
Monthly costs
Maintenance
$1,135/mo
$2.06 per sq ft
Property taxes
$172/mo
$2,064 a year (2026)
About $1,307 a month in fees and taxes, before the mortgage.
The fee covers
- Covered: Water
- Covered: Building Insurance
- Covered: Common Elements
- Not covered: Heat
- Not covered: Hydro
- Not covered: Air conditioning
Bills not covered are paid by the owner.
For investors: Likely rent controlled: yearly increases capped by Ontario's guideline. Ontario rules
The unit
- Exposure
- South East
- Parking
- None
- Locker
- None
- Balcony
- None
- Laundry
- Ensuite
- Possession
- 30-60 days/TBA
The building
Lennox Mews Towns
232 St George St · Annex - U of T
- 1 for sale
- 3 floors
- 35 suites
About this home
A rare opportunity to own a piece of old Toronto in the heart of the Annex. Tucked inside a converted historic mansion, this charming 1-bedroom offers the character of a century home with the convenience of condo living. Original wood detailing, trim, windows, a bay window and soaring 9' ceilings give the space a warmth and personality you simply won't find in a typical condo. The southeast exposure fills the home with natural light throughout the day, while the thoughtfully updated kitchen offers ample cabinetry and full-sized appliances. The bedroom features generous windows and a walk-in closet, with ensuite laundry and a coat closet adding everyday practicality. A brand-new HVAC heat pump has also just been installed. Set on one of the Annex's most sought-after streets, you're approximately 500m from St. George Station and within easy walking distance of U of T, the ROM, Yorkville, Bloor Street, Dupont's restaurants and cafes, shops and countless everyday conveniences. Leave the car behind and enjoy one of Toronto's most connected neighbourhoods. A unique home for someone who values character, location and a sense of history over cookie-cutter condo living. A rare find in a truly unbeatable location.
All details24 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 3
- Size
- 500-599 sq ft
Features
- Carpet Free
Building & Amenities
- Floor
- 2
- Property management
- The Meritus Group
Amenities
- Visitor Parking
Heating & Cooling
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- Central Air
Parking
- Covered spaces
- 0
Exterior & Lot
- Style
- Apartment
- Exterior
- Brick
Exterior features
- Controlled Entry
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- C14032806
- Type
- Condo Apartment
- Transaction
- For Sale
- Neighbourhood
- Annex
- Cross streets
- Bloor St W & St. George St
- Co-listing brokerage
- BABIAK TEAM REAL ESTATE BROKERAGE LTD.
Rooms · 5Living Room, Kitchen, Bedroom, Laundry, Washroom
Living Room
Flat
3.81 × 2.90 m · 12′6″ × 9′6″
Bay Window, Closet, Combined w/Kitchen
Kitchen
Flat
3.35 × 2.29 m · 11′0″ × 7′6″
Undermount Sink, Combined w/Living, Window
Bedroom
Flat
3.48 × 3.28 m · 11′5″ × 10′9″
Walk-In Closet(s), Large Window, Wood Trim
Laundry
Flat
1.40 × 1.22 m · 4′7″ × 4′0″
4-piece washroom
History
Past listings and sales for this home and building.
Location
228 St. George Street 5, Toronto, ON M5R 2N5 · Near Bloor St W & St. George St
Monthly cost
Estimated monthly cost
$3,512/mo
- Mortgage
- $2,205
- Property tax
- $172
- Maintenance
- $1,135
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$115,081
$99,600 down + $15,481 to $16,731 in closing costs
- Ontario land transfer tax
- $6,435
- Toronto land transfer tax
- $6,435
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Status certificate
- $100
- Property tax adjustment
- $102
- Condo fee adjustment
- $659
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
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$498,000
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