Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · St Lawrence-East Bayfront-The Islands
New Times Square in one look.
109 Front St E, Toronto
Built
1999
Storeys
12
Suites
375
Developer
Camrost-Felcorp
Corporation
MTCC-1280
Walk Score
100
Free · about 45 seconds · no obligation
What is your unit at New Times Square 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
- 121Esplanade-RiverTTC busSteps away
- 75SherbourneTTC busSteps away
- 503King St West at Jarvis St East Side503 Kingston Rd / 504 King / 508 Lake Shore streetcarSteps away
- 19BayTTC bus0.6 km
- 1King stationLine 1 Yonge–University0.6 km
- GOUnion Station GOBarrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines0.9 km
- UPUnion stationUP Express · Pearson to Union0.9 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
0.5 km · ~8 min walk
Zoned for this address
High schoolGr 9–12
Jarvis Collegiate Institute
495 Jarvis St, Toronto
1.9 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
1.0 km · ~16 min walk
Nearest, confirm zoning
Catholic secondary
St Joseph's College School
2.2 km
Nearest, confirm zoning
French-language · Viamonde (public)
Ecole Elementaire Gabrielle Roy
0.8 km · ~13 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 New Times Square actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| Studio | 0 | too few | 4 | $2,090/mo |
| 1 bed | 12 | $517,500 | 14 | $2,400/mo |
| 2 bed | 3 | $710,000 | 13 | $3,399/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 New Times Square
Do mostly owners or renters live here?
Renter-heavy building. Of 76 deals here in the last 24 months, 53 were leases and 23 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 New Times Square?
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 New Times Square
- 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.
Get my status certificate reviewedWatch this building
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Takes about twenty seconds.
Eat, drink and shop nearby
Within about a 10-minute walk.
Pizza
Pizza Pizza
Steps away
Burgers
McDonald's
Steps away
Brunch
Cora Breakfast Andlunch
Steps away
Chicken
Popeyes
Steps away
Bakery
Carousel Bakery
Steps away
Coffee
Balzac's Coffee
0.2 km · ~3 min walk
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Market Lane Park
- David Crombie Park
- St. James Park
Nearest grocery
Metro
Steps away
Prices: TRREB MLS® System aggregate medians for 109 Front St E, 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.
New Times Square is for buyers who want the St. Lawrence Market to be their grocery store. It is a 1999 corner mid-rise at Front and Lower Jarvis with a rooftop terrace, a choice of courtyard or street-facing suites, and some two-storey lofts you will not find in the towers going up nearby. The fee covers hydro, heat and parking, which makes the monthly math simpler than it looks. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
New Times Square is a 12-storey condominium at 109 Front St E, at the corner of Front Street and Lower Jarvis, in the St. Lawrence, Financial District and Downtown Yonge area of downtown Toronto (St Lawrence-East Bayfront). Listing data gives 375 suites. It was developed by Camrost-Felcorp and completed in 1999. The condominium corporation is MTCC-1280, registered 1 December 1999, and the building is managed by FirstService Residential. A second phase, New Times Square II (MTCC-1385), followed around 2001. Suites run from about 445 to 1,250 sq ft. Maintenance fees include common elements, heat, hydro, air conditioning, parking, water and building insurance.
New Times Square at a glance
One building, two corporations
New Times Square was built by Camrost-Felcorp as a large corner mid-rise of 12 storeys, wrapping Front Street and Lower Jarvis around an inner courtyard. Listing data gives 375 suites for the original corporation, MTCC-1280, registered in December 1999.
There is also a second phase. New Times Square II, MTCC-1385, was completed around 2001 with more than 180 suites over 12 floors, and one management source lists it at the same 109 Front St E address. Sources are not consistent about which suites belong to which phase, so confirm the corporation on the status certificate for the exact suite you are buying.
That matters because each corporation has its own board, budget, reserve fund and fee schedule. Two suites that look identical, one in each phase, can have different fees and a different repair outlook. When I compare suites here, I ask for both sets of documents.
Lofts, courtyards and the suites worth chasing
Most suites are one-bedrooms, one-plus-dens, two-bedrooms and two-plus-dens between about 445 and 1,250 sq ft. Many have hardwood floors, open kitchens with a breakfast bar, ensuite laundry and a balcony, and the windows are generous for a building of this era.
The suites I would look at first are the loft-style units. Building descriptions mention loft-style suites on the 3rd and 5th floors, two-storey plans and penthouse layouts, which give you the volume and the townhouse feel that newer towers rarely offer at this price.
Orientation is the other big decision. Some suites face Front Street and the market; others face the inner courtyard. Courtyard suites are generally quieter but get less light and less view. Street suites get the energy of Front Street, including Saturday market crowds, delivery trucks and evening restaurant traffic. View the suite on a Saturday morning before you decide.
Two-storey lofts come with their own checklist. Stairs inside the suite suit some buyers and rule out others, heating and cooling can be uneven between levels, and the upper level often has less natural light. They also resell to a narrower group of buyers than a standard one-bedroom, so price them with care. For the right person, though, they are the most distinctive suites in the building and the reason I would choose it over a newer tower nearby.
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.
Living across from the St. Lawrence Market
The location is the reason this building sells. The St. Lawrence Market is right across the street, so fresh bread, fish and produce become part of your daily routine rather than a weekend outing. Meridian Hall and the St. Lawrence Centre theatres, the Distillery District and the King and Yonge office core are all within a walk, and the data panel has the transit details.
St. Lawrence is a planned neighbourhood with a strong residential feel, mature streets and parks, and a mix of co-ops, older condos and new towers. It is busier and more commercial right on Front Street than a block south on The Esplanade, which is worth knowing when you compare buildings.
The neighbourhood is also changing. New towers are rising to the east along Front and toward the waterfront, so ask what is planned on the lots around your suite, especially if you are paying for a view.
The market is bigger now, and so is the traffic
The new St. Lawrence Market North building near Front and Jarvis hosted its first Saturday market in April 2025. The old North building came down in 2016, and for close to a decade the farmers’ market ran out of a temporary tent behind the South Market. The new building also holds court and city administration offices.
For owners here, that is mostly good news. A long construction site next door is finished, the market complex is more complete than it has been in years, and the area draws even more visitors. The flip side is weekend crowds, tour groups and delivery traffic on Front and Jarvis, especially early on Saturday mornings.
If you are a light sleeper, a courtyard suite on a middle floor is the safer choice. If you want to watch the market wake up from your balcony, choose a Front Street suite and accept the noise as part of the address. The South Market building stays open six days a week, so the activity is not limited to Saturdays.
Pricing, with hydro and parking in the fee
The building average sits around $781 per square foot. That is below most new towers in St. Lawrence and the waterfront, and in line with other late-1990s buildings near the market.
The fee covers hydro, heat, air conditioning, water and parking, along with building insurance and common elements. That is a stronger inclusion list than most newer buildings, where hydro is metered separately and parking is extra. Add those back before comparing fees.
With only one suite for sale right now, there is no meaningful asking range. I price suites here from recent trades in both phases and in nearby buildings such as Market Square and The Berczy, adjusted for size, floor, loft format and whether the suite faces the street or the courtyard. For sold prices, see the data panel or my building sold report.
Building specifications
| Building name | New Times Square |
| Address | 109 Front St E, Toronto M5A 4S5 |
| Developer | Camrost-Felcorp |
| Storeys | 12 |
| Total suites | 375 per listing data |
| Condo corporation | MTCC-1280 (second phase: New Times Square II, MTCC-1385) |
| Registered | 1 December 1999 |
| Property management | FirstService Residential |
| Suite sizes | Approximately 445 to 1,250 sq ft |
| Unit types | 1 bed, 1+den, 2 bed, 2+den, loft-style and two-storey suites, penthouses |
| Fees include | Common elements, heat, hydro, air conditioning, parking, water and building insurance |
Amenities at New Times Square
The amenity package is practical rather than flashy: a gym, a sauna, a party room and a rooftop terrace with barbecues. One source lists a pet grooming room and describes the building as pet friendly; check the declaration for the actual pet rules.
Jatin’s honest take on New Times Square
Who this building suits
Buyers who cook and want the market on their doorstep, people who work in the core and want to walk to work, and buyers who want a loft or a two-storey suite without paying new-tower prices. The inclusive fee suits anyone who wants a predictable monthly budget.
What I’d want you to check
Confirm which corporation your suite belongs to and read that corporation’s status certificate, reserve fund study and recent board minutes. At more than 25 years old, the building is in the window for window, balcony, roof, garage and mechanical work. Check whether the suite faces Front Street or the courtyard and visit on a Saturday. Confirm the parking space and locker that come with the suite.
The value question
At around $781 per square foot with hydro and parking included, New Times Square is fair value for one of the best food addresses in the city. The loft suites are the stand-out buys. For a standard one-bedroom, I would compare carefully against nearby buildings before deciding.
Free building report: New Times Square
Send me your email and I’ll put together a current report on New Times Square — 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.
New Times Square — frequently asked questions
Who developed New Times Square?
Camrost-Felcorp developed the building, which was completed in 1999.
How many suites and storeys are there?
It is 12 storeys. Listing data gives 375 suites for MTCC-1280, and a second phase adds more than 180 suites.
What is New Times Square II?
A second phase completed around 2001, registered as MTCC-1385. Confirm which corporation a suite belongs to on its status certificate.
What do the maintenance fees include?
Common elements, heat, hydro, air conditioning, parking, water and building insurance.
Are there loft suites?
Yes. Building descriptions mention loft-style suites on the 3rd and 5th floors, two-storey plans and penthouse layouts.
Is there a rooftop terrace?
Yes, with barbecues, along with a gym, sauna, party room and meeting room.
Is the building pet friendly?
One source describes it as pet friendly with a pet grooming room. Check the declaration and rules for the actual pet policy.
Who manages the building?
Listing data names FirstService Residential. Confirm the current manager on the status certificate.
Do suites face the courtyard or the street?
Both. Some suites face Front Street and the market, others face a quieter inner courtyard.
What is the condo corporation number?
MTCC-1280, registered on 1 December 1999.
How much do condos at New Times Square sell for?
Over the last 12 months the median resale at New Times Square was $530,000, across 15 sales. The typical unit sold in 19 days at about 97% of the asking price. That works out to roughly $787 per square foot.
How much is rent at New Times Square?
The median lease at New Times Square over the last 12 months was $2,775/mo, from 32 leases. Units typically leased in 8 days.
What does each unit type cost at New Times Square?
Over the last 24 months: Studios rented for $2,090/mo; One-bedrooms sold for a median $517,500 and rented for $2,400/mo; Two-bedrooms sold for a median $710,000 and rented for $3,399/mo. Each median uses three or more deals.
Are prices at New Times Square up or down since 2022?
Down about 23%. The median sold price per square foot was $1,016 in 2022 and $787 over the last 12 months. Pricing off 2022 comparables is the most common mistake sellers make here.
What rental yield does New Times Square offer an investor?
At a median price of $530,000 and a median rent of $2,775 a month, the gross yield is about 6.3%, 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 New Times Square?
Mostly renters. Of the deals here in the last 24 months, 70% were leases and 30% were sales.
Can you Airbnb a unit at New Times Square?
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 New Times Square 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 New Times Square 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 New Times Square?
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, 0.9 km; UP Express runs from Union station, 0.9 km; the 503 Kingston Rd / 504 King / 508 Lake Shore streetcar stops 0.1 km away; the closest bus is the Esplanade-River (TTC bus). Distances are straight-line from the building.
What is the Walk Score of New Times Square?
Walk Score 100, Transit Score 100 and Bike Score 98. Most daily errands can be done on foot.
What restaurants and shops are near New Times Square?
Within about a 10-minute walk: Pizza Pizza (Pizza), McDonald's (Burgers), Cora Breakfast Andlunch (Brunch), Popeyes (Chicken), Carousel Bakery (Bakery). The closest grocery store is Metro, 0.1 km away.
Which parks are near New Times Square?
Market Lane Park, David Crombie Park, St. James Park are the closest green spaces.
What is my unit at New Times Square 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 New Times Square 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 New Times Square, 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
More condo buildings in St Lawrence-East Bayfront-The Islands
- Harbour Plaza Residences88 & 100 Harbour St · median sold $632K
- Maple Leaf Square55 & 65 Bremner Blvd · median sold $610K
- Monde Condominiums12 Bonnycastle St · median sold $645K
- One York Quay77 & 99 Harbour Square · median sold $858K
- Pier 2739 Queens Quay E · median sold $740K
- 33 Bay at Pinnacle Centre33 Bay St · median sold $560K
- 25 The Esplanade25 The Esplanade · median sold $575K
- Success Tower16 & 18 Harbour St · median sold $790K
© 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.
