Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · St Lawrence-East Bayfront-The Islands
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1 Market St, Toronto
Built
2013
Storeys
34
Suites
357
Developer
Context Development
Corporation
TSCC-2308
Walk Score
99
Free · about 45 seconds · no obligation
What is your unit at Market Wharf worth today?
Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.
- Uses this building’s own recent sales
- Adjusts for floor, view and parking
- Your number appears instantly
How you get around
Scores from Walk Score®
Walk Score
Walker's Paradise
Transit Score
Rider's Paradise
Bike Score
Biker's Paradise
Transit, nearest first
- 75SherbourneTTC busSteps away
- 121Esplanade-RiverTTC bus0.2 km
- 114Queens Quay EastTTC bus0.4 km
- 503King St West at Jarvis St East Side503 Kingston Rd / 504 King / 508 Lake Shore streetcar0.4 km
- 1King stationLine 1 Yonge–University0.6 km
- GOUnion Station GOBarrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines0.8 km
- UPUnion stationUP Express · Pearson to Union0.8 km
TTC is renewing streetcar track at Long Branch Loop through late 2026; some Lake Shore streetcar trips run as buses.
Distances are straight-line from the building.
How far is everything?
From the front door, in kilometres.
Schools for this address
Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.
ElementaryJK–8
Market Lane Junior and Senior Public School
246 The Esplanade, Toronto
0.6 km · ~9 min walk
Zoned for this address
High schoolGr 9–12
Jarvis Collegiate Institute
495 Jarvis St, Toronto
2.2 km
Zoned for this address
Catholic elementary
St Michael Catholic Elementary School - Bldg 1
0.2 km · ~3 min walk
Nearest, confirm zoning
Catholic elementary
St Paul Catholic Elementary School
1.2 km · ~19 min walk
Nearest, confirm zoning
Catholic secondary
St Joseph's College School
2.4 km
Nearest, confirm zoning
French-language · Viamonde (public)
Ecole Elementaire Gabrielle Roy
1.1 km · ~17 min walk
Nearest, confirm zoning
Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.
By the numbers
What units at Market Wharf actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| 1 bed | 5 | $600,000 | 27 | $2,400/mo |
| 2 bed | 6 | $952,500 | 17 | $4,000/mo |
Table covers the last 24 months. TRREB MLS® System aggregates; a median is shown only with 3 or more deals, and sizes come from listing ranges. Not an appraisal: get an estimate for your unit.
Living here
Renters, Airbnb and elevators at Market Wharf
Do mostly owners or renters live here?
Renter-heavy building. Of 104 deals here in the last 24 months, 84 were leases and 20 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.
Can you Airbnb a unit at Market Wharf?
No active City registrations here right now. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.
How reliable are the elevators?
Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.
Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.
Before you buy here
Five things the listing will not tell you about Market Wharf
- Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
- Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
- Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
- Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
- Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.
Send me the status certificate and I will flag anything that matters before your conditional period runs out.
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Eat, drink and shop nearby
Within about a 10-minute walk.
Restaurant
Playground Cafe
Steps away
Pizza
Pizza Hut
Steps away
Coffee
Tim Hortons
Steps away
Bakery
Whisk Bakery
0.2 km · ~3 min walk
Mexican
Adobo Fresh Burrito Mexican Grill
0.2 km · ~3 min walk
Indian
Chaska Indian Street Food
0.2 km · ~3 min walk
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- David Crombie Park
- Market Lane Park
- 120 Queens Quay E Park
Nearest grocery
Loblaws
0.2 km · ~3 min walk
Prices: TRREB MLS® System aggregate medians for 1 Market St, last 12 months (updated 18 October 2026), compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage; deemed reliable, not guaranteed. Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.
Market Wharf is the tower I recommend when a buyer wants lake views and still wants to walk to St. Lawrence Market for their groceries. It is a 34-storey Context Development building from 2013, designed by architectsAlliance, with an unusual mix of suite types, from compact flats to two-storey townhouses with terraces on the podium roof. Most of the trade-offs here are about which part of the building you buy into. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
Market Wharf is a 34-storey, 357-suite condominium at 1 Market Street in Toronto’s St. Lawrence neighbourhood, just south of St. Lawrence Market. It was developed by Context Development and designed by architectsAlliance, with interiors by Tact Design, and completed in 2013. The condominium corporation is TSCC-2308, registered on 14 May 2013, and Del Property Management is listed as manager. The podium at 3 Market Street is a separate corporation, TSCC-2198. Suites run about 379 to 1,870 sq ft. Condos.ca lists heat and water as included in the fee.
Market Wharf at a glance
Four kinds of suite in one tower
Market Wharf was planned with distinct suite types rather than one stacked floor plan. Market Flats are the smaller single-storey suites wrapped around the above-grade parking garage in the podium. Market Towns are two-storey homes on top of the podium with their own backyard terraces. Water Suites fill most of the tower, and penthouses sit at the top.
That mix is the reason to look here. A Market Town gives you a townhouse layout and a real outdoor space with a concierge downstairs, which is rare downtown. A Water Suite gives you the lake view. The flats are the entry price. They are very different products sharing one address.
Sizes reflect that range. Suites run from about 379 sq ft, a compact studio-style flat, to about 1,870 sq ft at the top end. Most of the listings I see sit in the 600 to 700 sq ft range for one-bedroom and one-plus-den plans, with two-plus-den layouts around 900 sq ft and up. If you need a true family-size suite, the Market Towns and penthouses are where to look, and they come up rarely.
The building has some quirks too. BlogTO featured a two-storey suite on the sixth floor that straddles the podium and the tower, with glass panels in the floor that look down to the street. Not every suite has features like that, but it tells you the architects took the in-between floors seriously.
Brick at the bottom, ripples at the top
architectsAlliance gave the project a masonry podium that echoes St. Lawrence Market and the old brick buildings around it, with a curved amenity pod sitting on the podium roof. The tower itself is a simple form, softened by wavy balcony railings meant to suggest the surface of the lake.
The site was a former waterfront brownfield north of the rail corridor, and the architect describes the project as the western anchor of Crombie Park. That combination of brick base and glass tower is one of the better examples of a tall building fitting into this neighbourhood’s older streets.
Sources differ slightly on height. Early UrbanToronto coverage described the tower as 32 or 33 storeys while it was going up; the architect and condos.ca both give 34. I would go with 34, and the status certificate will confirm the suite count of 357.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
The two-corporation detail most buyers miss
The tower at 1 Market Street and the podium at 3 Market Street are registered as separate condominium corporations, TSCC-2308 and TSCC-2198. The podium registered in 2011 and the tower in 2013, matching the order they were built.
Two corporations means two budgets and two reserve funds. Parking, the garage structure and some amenities may be shared, so ask whether there is a shared-facilities agreement and how costs are split. A garage repair, for example, can show up in either building’s budget depending on how that agreement is written.
It also confuses listings. Some sites call 1 Market Street Market Wharf II Lofts, and others treat both addresses as one building. When you compare sales or fees, make sure you are comparing the right corporation.
Living at Market Street and The Esplanade
St. Lawrence Market is your grocery store, the Esplanade’s restaurants are at your door, and the Financial District is within walking distance. On a Saturday the streets around you are busy with market visitors, which is lively in the day and quieter at night.
To the south are the rail corridor and the new towers filling in between here and the lake. Upper floors on the south side get the water view over them, but lower suites on that side may hear trains and see construction for years to come. North-facing suites look over the market and the old town instead.
What I like about this corner is that it has already been built out around the market for decades, so the character of the streets to the north is settled. The change is all to the south, and that is where you should focus your due diligence: check the City of Toronto development applications map for sites between the rail corridor and Lake Shore before you pay for a view.
What Market Wharf costs
Condos.ca puts the building average at about $1,005 per square foot, a little above the podium at 3 Market Street. The premium is mostly about view and suite type: lake-facing Water Suites and the larger plans pull the average up.
When I checked, five suites were for sale and four for lease. Asking prices ran from $549,000 to $1,135,000. The one-bedroom and one-plus-den listings in the 600 to 699 sq ft band were asking $549,000 to $649,000, and the two-plus-den listings were asking about $1,049,000 to $1,135,000.
Fees across those listings ran from about $450 to $910 a month, or roughly $0.80 per square foot. That is reasonable for a downtown tower with concierge and a rooftop deck, especially with heat and water in the fee. If you want a value check on a specific suite, I can pull the comparables through my building sold report.
Building specifications
| Building name | Market Wharf |
| Address | 1 Market St, Toronto |
| Developer | Context Development |
| Architect | architectsAlliance |
| Interior design | Tact Design |
| Builder | Bluescape Construction Management |
| Storeys | 34 |
| Total suites | 357 |
| Condo corporation | TSCC-2308 (podium at 3 Market St is TSCC-2198) |
| Registered | 14 May 2013 |
| Property management | Del Property Management |
| Suite sizes | Approximately 379 to 1,870 sq ft |
| Suite types | Market Flats, two-storey Market Towns, Water Suites and penthouses |
| Maintenance fees | About $0.80 per sq ft across active listings |
| Fees include | Heat and water |
Amenities at Market Wharf
The amenities are focused rather than lavish: a concierge, gym, party room, guest suites and a rooftop deck. There is no pool, which helps keep fees near $0.80 a square foot.
Jatin’s honest take on Market Wharf
Who this building suits
Buyers who want lake views and walkable groceries, downtown professionals, and downsizers who want a two-storey Market Town with a terrace without giving up a concierge building. Investors like the location and the fee level, and the smaller flats are an entry point into the neighbourhood.
What I’d want you to check
Ask whether there is a shared-facilities agreement with 3 Market Street and how shared costs are split. Read the reserve fund study for a building now past ten years, when the first round of major items starts to come due. For a Market Town, confirm what part of the terrace is exclusive use and who pays for the membrane under it. Confirm parking and locker for your suite, since neither is listed in the fee. If you are on a lower south-facing floor, visit when trains are running.
The value question
At about $1,005 per square foot with a moderate fee, I think Market Wharf is fair value for a lake-view suite in one of the city’s best food neighbourhoods. The Market Towns are the most distinctive product here and hold their appeal well. The weakest value is a low-floor suite with no view, where you pay the tower’s price without the tower’s main benefit.
Free building report: Market Wharf
Send me your email and I’ll put together a current report on Market Wharf — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.
- Every sale in the building over the last 12 months
- Current active listings and asking prices
- Maintenance fee breakdown and what’s included
- My read on which exposures and floors hold value
Tell me what you are planning
Three quick answers so I come back with something useful, usually the same day.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
Market Wharf — frequently asked questions
Who built Market Wharf?
Context Development, with architectsAlliance as architect, Tact Design for interiors and Bluescape Construction Management as builder.
How tall is Market Wharf?
34 storeys according to the architect and condos.ca. Early construction coverage described it as 32 or 33 storeys.
How many suites are in Market Wharf?
Condos.ca lists 357 suites at 1 Market Street. The podium at 3 Market Street has another 105 in a separate corporation.
What are Market Towns?
Two-storey townhouse-style suites on top of the podium with their own backyard terraces.
What are Water Suites?
The single-storey suites that make up most of the tower, many with lake and city views.
Is 1 Market Street the same condo as 3 Market Street?
No. They are part of the same development but are separate corporations: TSCC-2308 at 1 Market and TSCC-2198 at 3 Market.
What do the maintenance fees include at Market Wharf?
Condos.ca lists heat and water. Hydro is on your own meter, and parking and lockers are not listed as included.
What amenities does Market Wharf have?
Concierge, gym, party room, guest suites and a rooftop deck. There is no pool.
When was Market Wharf completed?
It was completed in 2013, and the condominium was registered on 14 May 2013.
Who manages Market Wharf?
Condos.ca lists Del Property Management.
How much do condos at Market Wharf sell for?
Over the last 12 months the median resale at Market Wharf was $840,000, across 11 sales. The typical unit sold in 31 days at about 95% of the asking price. That works out to roughly $1,000 per square foot.
How much is rent at Market Wharf?
The median lease at Market Wharf over the last 12 months was $2,800/mo, from 45 leases. Units typically leased in 9 days.
What does each unit type cost at Market Wharf?
Over the last 24 months: One-bedrooms sold for a median $600,000 and rented for $2,400/mo; Two-bedrooms sold for a median $952,500 and rented for $4,000/mo. Each median uses three or more deals.
Are prices at Market Wharf up or down since 2022?
Down about 18%. The median sold price per square foot was $1,221 in 2022 and $1,000 over the last 12 months. Pricing off 2022 comparables is the most common mistake sellers make here.
What rental yield does Market Wharf offer an investor?
At a median price of $840,000 and a median rent of $2,800 a month, the gross yield is about 4.0%, before maintenance fees, property tax, insurance and mortgage interest. Net cash flow depends on the fee and your down payment, so run the numbers for the exact unit.
Do mostly owners or renters live at Market Wharf?
Mostly renters. Of the deals here in the last 24 months, 81% were leases and 19% were sales.
Can you Airbnb a unit at Market Wharf?
Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows no active short-term rental registrations at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.
Has Market Wharf had elevator outages?
None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.
What schools is Market Wharf zoned for?
For TDSB public schools, the address is zoned for Market Lane Junior and Senior Public School (Elementary, JK–8), Jarvis Collegiate Institute (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.
What is the closest subway or GO station to Market Wharf?
The nearest subway is King station (Line 1 Yonge–University), 0.6 km away; the nearest GO station is Union Station GO on the Barrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines, 0.8 km; UP Express runs from Union station, 0.8 km; the 503 Kingston Rd / 504 King / 508 Lake Shore streetcar stops 0.4 km away; the closest bus is the Sherbourne (TTC bus). Distances are straight-line from the building.
What is the Walk Score of Market Wharf?
Walk Score 99, Transit Score 100 and Bike Score 97. Most daily errands can be done on foot.
What restaurants and shops are near Market Wharf?
Within about a 10-minute walk: Playground Cafe (Restaurant), Pizza Hut (Pizza), Tim Hortons (Coffee), Whisk Bakery (Bakery), Adobo Fresh Burrito Mexican Grill (Mexican). The closest grocery store is Loblaws, 0.2 km away.
Which parks are near Market Wharf?
David Crombie Park, Market Lane Park, 120 Queens Quay E Park are the closest green spaces.
What is my unit at Market Wharf worth?
Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.
How do I find out when a unit at Market Wharf lists or sells?
Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.
Looking at St. Lawrence, the Financial District and Downtown Yonge more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
About the author — Jatin Dua, Toronto condo broker
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty. I work condo buildings across Toronto and the GTA every week, including St. Lawrence, the Financial District and Downtown Yonge. What buyers and sellers usually need is someone who knows the individual buildings: which exposures get the light, which corporations keep healthy reserve funds, and which units are priced past what they will appraise for.
If you’re buying or selling at Market Wharf, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.
More St. Lawrence, the Financial District and Downtown Yonge building guides: One King West Hotel & Residence · 1 Thousand Bay Condos · 1001 Bay · 101 McGill Street Townhouses · 1132 Bay Street Condos · 1166 Bay Street Condos
More resources: GTA condo directory · Building sold report · Book a call
© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.