3608-55 Cooper Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C12940560

$638,888
For Sale
Listed 113 days ago
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1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Discover elevated waterfront living in Suite 3608 at Sugar Wharf Condominiums by Menkes. This beautifully kept 1-bedroom residence offers a sun-filled open layout with floor-to-ceiling windows, refined laminate flooring, and a private balcony with sweeping urban and partial lake views. The contemporary kitchen boasts quartz counters and integrated appliances, perfectly complementing the suite's clean, modern aesthetic. Residents enjoy access to an impressive range of amenities: state-of-the-art fitness facilities, yoga studio, indoor lap pool, co-working areas, entertainment lounges, guest suites, and a rooftop terrace built for relaxation and dining. Bell Internet & Unity Fitness membership included. Located steps from Sugar Beach, world-class dining, groceries, transit, the Waterfront Innovation Centre, and the upcoming PATH extension-this is downtown convenience at its finest. The interior photos have been altered to remove tenant possessions.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C12940560
Bedrooms
1
Bathrooms
1
Size
500-599
Lot
518
Cross streets
Yonge & Queens Quay
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$494/mo
Exposure
South East
Property tax
$2,805 / 2025
Days on market
113
Listing brokerage
REALTY ONE GROUP FLAGSHIP

Rooms

Dining RoomMain4.89 × 4.02 m

laminate · combined w/living · w/o to balcony

BedroomMain3.89 × 2.77 m

laminate · closet · large window

KitchenMain4.89 × 4.02 m

open concept · backsplash · b/i appliances

Living RoomMain4.89 × 4.02 m

laminate · combined w/dining · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is Queen Alexandra Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Comparable listingsCurrently listed nearby in Waterfront Communities C8 · asking prices
$563kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

6008-55 Cooper Street$600k516-60 Tannery Road$513k1805-35 Parliament Street$539k706-25 The Esplanade$560k513-35 Parliament Street$605k

The 5 closest of 6 active listings nearby.

See all comparable homes
639kThis home600k513k539k560k605kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $600K
$1,163this home / sqft
6active listings nearby
113days on market
100sold nearby · 90 days
$603Kmedian sold price
96%of asking, on average

This home lists 20% above the area average of $973/sqft.

112 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Waterfront Communities C8, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Moss Park
$519K
Church-Yonge Corridor
$627K
Waterfront Communities C1
$652K
Bay Street Corridor
$471K
Niagara
$701K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Dundas Junior Public School
59%
Dundas Junior Public SchoolPublic · Elementary · 2.7 km awayBelow the GTA average · 59% meet the provincial standard

Affordability & Mortgage

Affordability
$2,912/mo
$131KIncome needed
4.9×Price ÷ income
$672Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

80%mortgage
Mortgage $2,912Property tax $234Condo fee $494Total carry $3,639

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,727per month

Mortgage amount $511,110 · 4.14% over 25 years

$127,778Down payment (20.0%)
$511,110Loan before insurance
$0CMHC premium
$3,455Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,727
Property tax
$234
Condo / maintenance fees
$494
Heating
$0
Estimated monthly cost
$3,455

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$9,253
Toronto municipal land transfer tax
$9,253
Estimated closing costs
$18,506

Plus your down payment of $127,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,313/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$307,132Total interest paid
$818,242Total of all payments
Principal $511,110 Interest $307,132
YearPrincipalInterestBalance
1$11,974$20,756$499,137
2$12,474$20,255$486,662
3$12,996$19,734$473,666
4$13,540$19,190$460,127
5$14,106$18,624$446,020
6$14,696$18,034$431,324
7$15,311$17,419$416,013
8$15,951$16,778$400,062
9$16,619$16,111$383,443
10$17,314$15,416$366,130
11$18,038$14,692$348,092
12$18,792$13,937$329,300
13$19,578$13,151$309,721
14$20,397$12,332$289,324
15$21,251$11,479$268,073
16$22,139$10,590$245,934
17$23,065$9,664$222,868
18$24,030$8,699$198,838
19$25,035$7,694$173,803
20$26,083$6,647$147,720
21$27,174$5,556$120,546
22$28,310$4,419$92,236
23$29,494$3,235$62,742
24$30,728$2,002$32,013
25$32,013$716$0

At the end of your 5-year term

Total paid over the term
$163,648
Principal paid down
$65,090
Interest paid
$98,558
Balance remaining
$446,020

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$1,700/mo
$20,400Gross annual rent
1.4%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.2%
Gross yield
− Property tax $2,805− Condo fees $5,926− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,825

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REALTY ONE GROUP FLAGSHIP. MLS®/PropTx.

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