Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · Yonge-Bay Corridor
Panda Condos in one look.
20 Edward St, Toronto
Built
2022
Storeys
30
Suites
555
Developer
Lifetime Developments
Corporation
TSCC-2920
Walk Score
99
Free · about 45 seconds · no obligation
What is your unit at Panda Condos 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
- 97YongeTTC busSteps away
- 1TMU stationLine 1 Yonge–UniversitySteps away
- 505Dundas St West at Yonge St - TMU Station505 Dundas / 506 Carlton streetcarSteps away
- 19BayTTC bus0.2 km
- 13Avenue RdTTC bus0.4 km
- GOUnion Station GOBarrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines1.3 km
- UPUnion stationUP Express · Pearson to Union1.3 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–6
Church Street Junior Public School
83 Alexander St, Toronto
0.8 km · ~13 min walk
Zoned for this address
MiddleGr 7–8
Jesse Ketchum Junior and Senior Public School
61 Davenport Rd, Toronto
1.9 km
Zoned for this address
High schoolGr 9–12
Jarvis Collegiate Institute
495 Jarvis St, Toronto
1.1 km · ~17 min walk
Zoned for this address
Catholic elementary
Our Lady of Lourdes Catholic Elementary School
1.2 km · ~19 min walk
Nearest, confirm zoning
Catholic elementary
St Michael Catholic Elementary School - Bldg 1
1.4 km · ~22 min walk
Nearest, confirm zoning
Catholic secondary
St Joseph's College School
1.0 km · ~16 min walk
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 Panda Condos actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| Studio | 1 | too few | 16 | $2,050/mo |
| 1 bed | 2 | too few | 64 | $2,300/mo |
| 2 bed | 6 | $627,500 | 69 | $3,000/mo |
| 3 bed + | 0 | too few | 20 | $4,125/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 Panda Condos
Do mostly owners or renters live here?
Renter-heavy building. Of 367 deals here in the last 24 months, 346 were leases and 21 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 Panda Condos?
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 Panda Condos
- 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
Know the moment a unit at Panda Condos lists or sells.
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- New listings for sale or rent here
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Building alerts
Takes about twenty seconds.
Eat, drink and shop nearby
Within about a 10-minute walk.
Restaurant
Almadina Bistro
Steps away
Chicken
Dave's Hot Chicken
Steps away
Italian
Elm St Italian Deli
Steps away
Pizza
B-Town Pizza
Steps away
Steakhouse
Barberian's Steak House
Steps away
Coffee
18 Feet Coffee 329 Yonge St 2nd Floor
Steps away
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Toronto Metropolitan University Square
- College Park
- Trinity Square
Nearest grocery
T & T Supermarket
Steps away
Prices: TRREB MLS® System aggregate medians for 20 Edward 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.
Panda Condos sits on the site of the old World’s Biggest Bookstore, half a block from Yonge and Dundas, and it has one of the most complete fee structures of any newer downtown tower: heat, cooling, water and internet are all included. That makes the low headline fee even better than it looks. The trade-off is 555 suites on a busy block, and a lot of very small plans. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
Panda Condos is a 30-storey, 555-suite condominium at 20 Edward St, between Yonge and Bay just north of Dundas, in the Yonge-Bay Corridor, part of the St. Lawrence, Financial District and Downtown Yonge area of downtown Toronto. It was developed by Lifetime Developments and completed in 2022 on the former site of the World’s Biggest Bookstore. The condominium corporation is TSCC-2920, registered 30 June 2022, and the building is managed by Comfort Property Management. Suites run from about 356 to 1,904 sq ft. Maintenance fees include common elements, building insurance, water, heat, air conditioning and internet.
Panda Condos at a glance
Built on the World’s Biggest Bookstore
For more than 30 years, 20 Edward Street was home to the World’s Biggest Bookstore, a Toronto landmark that closed in 2014. An earlier plan for the site proposed turning it into a row of restaurants, but Lifetime Developments ended up building a residential tower instead, and blogTO covered what would replace the store in 2016.
Lifetime launched Panda Condos in late 2017, and UrbanToronto followed it from excavation in 2018 to near-completion in 2021. The building registered as TSCC-2920 in June 2022, which makes it one of the newest towers in the Yonge and Dundas area.
The name and the look match. The black-and-white cladding that UrbanToronto noted during construction is the building’s signature, and it makes the tower easy to pick out from Yonge Street.
Micro-suites to penthouses
Suites run from about 356 sq ft up to about 1,904 sq ft, which is a wide range. The bulk of the building is studios, one-bedrooms and one-plus-dens under 600 sq ft, aimed at students, young professionals and investors.
At the top, UrbanToronto toured the penthouse level in 2023, and those larger suites are a different product: far more space, better views and much less supply. If you are looking at the top floors, compare them with other downtown penthouses, not with the rest of Panda.
Some of the smallest plans are tight, and I would not buy one as a long-term home. Ask for the floor plan, measure the bedroom and check whether the bedroom has a full window or a sliding wall before you book a showing.
Parking is another point to check. In a tower this close to Yonge and Dundas, many suites were sold without a space, so if you need one, confirm it is on title for the suite you are buying and ask what rental spaces, if any, the building offers. The same goes for lockers in the smaller plans.
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.
Edward Street, day to day
Edward is a short street between Yonge and Bay. The Eaton Centre, Sankofa Square, the Toronto Metropolitan University campus and the hospitals on University Avenue are all within walking distance, which is why the building rents so easily; there are far more suites listed for rent here than for sale.
This is the busiest pedestrian area in the city. The streets around Yonge and Dundas are crowded, loud and active until late, and some corners feel very different late at night. Walk the block at the hours you would actually be coming home before you decide.
Lower floors look at neighbouring buildings at close range, while upper floors open up. Ask which direction your suite faces and what is planned on the neighbouring lots. Transit, schools and parks data are in the panel on this page.
Living in it or renting it out
At the time of writing, there are 16 suites at Panda listed for rent and only six for sale. That ratio tells you who owns here: a large share of the building is held by investors and rented out, which is typical for a newer tower this close to Yonge and Dundas.
For an investor, that is reassuring. Demand from students, hospital staff and people working downtown is deep, and the all-inclusive fee makes a suite easy to market, because a tenant’s only extra bill is hydro. It also means competition: when many similar one-bedrooms are listed for rent at once, price and condition decide who leases first.
For an owner-occupier, a renter-heavy building means more move-ins, busier elevators at the start of each month and a board where owners who live in the building may be a minority. None of that is unusual, but it is worth asking how often the building books moves and how actively the board communicates with residents.
The other comparison buyers make is with Aura at College Park, the 2015 tower a few blocks north with 995 suites. Aura is older and much larger, with a fee of about $0.88 per sq ft on current listings, against about $0.65 at Panda with more included.
What Panda costs, all-in
The building averages about $937 per square foot. That is a little above Aura at College Park, the 2015 tower a few blocks north, at about $905, which is what you would expect for a 2022 building.
The fee is where Panda stands out. Current listings work out to about $0.65 per sq ft, roughly $287 a month for a small one-bedroom up to about $486, and that fee already includes heat, air conditioning, water and internet. In most newer towers, you pay all four on top.
Put the two together, and the all-in monthly difference between Panda and an older tower can often be over $100 a month on a one-bedroom once you add back heat, cooling and internet. Over a five-year hold, that is real money.
There are six suites for sale right now, asking from $499,000 to $799,900. One-bedrooms are asking between $520,000 and $585,000. For sold prices and rents, see the data panel or my building sold report.
Building specifications
| Building name | Panda Condos |
| Address | 20 Edward St, Toronto |
| Developer | Lifetime Developments |
| Storeys | 30 |
| Total suites | 555 |
| Condo corporation | TSCC-2920 |
| Registered | 30 June 2022 |
| Property management | Comfort Property Management |
| Suite sizes | Approximately 356 to 1,904 sq ft |
| Maintenance fees | About $0.65 per sq ft on current listings |
| Fees include | Common elements, building insurance, water, heat, air conditioning and internet |
| Site history | Former World’s Biggest Bookstore (closed 2014) |
Amenities at Panda Condos
The amenities recorded for the building are a concierge, a gym and a party room. UrbanToronto previewed a broader amenity package at launch, so confirm on a showing what was actually built and what is open today.
Jatin’s honest take on Panda Condos
Who this building suits
Students, young professionals and hospital staff who want a newer building in the core with a predictable monthly cost, and investors who want a suite that rents quickly. The fee structure suits anyone who wants to stop budgeting separately for heat, cooling and internet.
What I’d want you to check
An all-inclusive fee is only good if it is sustainable. Ask for the budget and the reserve fund study, and check how the internet contract and the heating and cooling costs are built into the fee and when the internet contract renews. At about four years old, also ask what Tarion warranty items were claimed and whether any remain open. With 555 suites, check elevator count and move-in rules too.
The value question
At about $937 per square foot, you are paying for a new building at the heart of downtown. Factor in heat, cooling and internet in a fee of about 65 cents a square foot, and the all-in cost compares well with most towers nearby. For a one-bedroom buyer who will live in it or rent it out, I think this is good value.
Free building report: Panda Condos
Send me your email and I’ll put together a current report on Panda Condos — 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.
Panda Condos — frequently asked questions
What was at 20 Edward St before Panda Condos?
The site was home to the World’s Biggest Bookstore, which closed in 2014. Panda Condos was built on the site and completed in 2022.
Who developed Panda Condos?
Panda Condos was developed by Lifetime Developments.
How tall is Panda Condos and how many suites does it have?
The building is 30 storeys with 555 suites.
What is the condo corporation for Panda Condos?
It is TSCC-2920, registered on 30 June 2022.
What do maintenance fees include at Panda Condos?
The fee covers common elements, building insurance, water, heat, air conditioning and internet. Hydro is not listed as included.
How big are the suites at Panda Condos?
Suites range from about 356 sq ft up to about 1,904 sq ft for the larger penthouse plans. Most are under 600 sq ft.
What amenities does Panda Condos have?
The recorded amenities are a concierge, a gym and a party room. Confirm the full current amenity list on a showing.
Who manages Panda Condos?
Comfort Property Management is listed as the property manager. Confirm the current manager in the status certificate.
Why is Panda Condos called Panda?
The developer has not been quoted on it in my sources, but the name matches the building’s black-and-white exterior, which UrbanToronto noted as its signature finish during construction.
How does Panda compare with Aura at College Park?
Aura is a much larger 2015 tower a few blocks north. Panda is newer, trades at a slightly higher average price per square foot, about $937 against about $905, and includes more utilities in its fee.
How much do condos at Panda Condos sell for?
Over the last 12 months the median resale at Panda Condos was $570,000, across 9 sales. The typical unit sold in 41 days at about 96% of the asking price. That works out to roughly $915 per square foot.
How much is rent at Panda Condos?
The median lease at Panda Condos over the last 12 months was $2,700/mo, from 169 leases. Units typically leased in 19 days.
What does each unit type cost at Panda Condos?
Over the last 24 months: Studios rented for $2,050/mo; One-bedrooms rented for $2,300/mo; Two-bedrooms sold for a median $627,500 and rented for $3,000/mo; Three-bedrooms rented for $4,125/mo. Each median uses three or more deals.
What rental yield does Panda Condos offer an investor?
At a median price of $570,000 and a median rent of $2,700 a month, the gross yield is about 5.7%, 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 Panda Condos?
Mostly renters. Of the deals here in the last 24 months, 94% were leases and 6% were sales.
Can you Airbnb a unit at Panda Condos?
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 Panda Condos 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 Panda Condos zoned for?
For TDSB public schools, the address is zoned for Church Street Junior Public School (Elementary, JK–6), Jesse Ketchum Junior and Senior Public School (Middle, Gr 7–8), 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 Panda Condos?
The nearest subway is TMU station (Line 1 Yonge–University), 0.1 km away; the nearest GO station is Union Station GO on the Barrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines, 1.3 km; UP Express runs from Union station, 1.3 km; the 505 Dundas / 506 Carlton streetcar stops 0.1 km away; the closest bus is the Yonge (TTC bus). Distances are straight-line from the building.
What is the Walk Score of Panda Condos?
Walk Score 99, Transit Score 100 and Bike Score 94. Most daily errands can be done on foot.
What restaurants and shops are near Panda Condos?
Within about a 10-minute walk: Almadina Bistro (Restaurant), Dave's Hot Chicken (Chicken), Elm St Italian Deli (Italian), B-Town Pizza (Pizza), Barberian's Steak House (Steakhouse). The closest grocery store is T & T Supermarket, 0.0 km away.
What is my unit at Panda Condos 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 Panda Condos 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 Panda Condos, 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 Yonge-Bay Corridor
- Shangri-La Toronto180 University Ave · median sold $1.84M
- INDX Condos70 Temperance St · median sold $525K
- Aura at College Park386 & 388 Yonge St · median sold $765K
- College Park South Tower761 Bay St · median sold $632K
- Horizon on Bay633 Bay St · median sold $488K
- One King West Hotel & Residence1 King St W · median sold $496K
- The Liberties I & II711 & 717 Bay St · median sold $620K
- One City Hall Place111 Elizabeth St · median sold $525K
© 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.