908-21 Grand Magazine Street, Toronto, ON
Niagara, Toronto · MLS® C13051288
About this home
A canopy of shade beckons in the summer heat. Serenity, light, and community - this suite in this building has it all. 2 bedrooms + 1 Den with 2 windows & a door + 2 full bathrooms / 2 balconies. Situated on the 9th floor overlooking a stylish inner courtyard surrounded by the pulse of the neighbouring buildings. Updated and move-in ready for you! Professionally smoothed ceilings, quality paint throughout, new ceiling light fixtures that offer a lovely amber light option for evenings, and daylight brightness for your day. With a fun flick of the switch, the mood meets the moment. The floor plan is a split layout. This feature thoughtfully separates the principal suite from the other bedroom and 3-piece full bathroom area. The Den is spectacular. Private with floor-to-ceiling windows. It has been used as a 3rd bedroom. The Primary Bedroom Suite includes 2 closets, a 4-piece ensuite, and a private balcony. Your other personal space includes a HUGE locker [approx. 12' x 7' x 8' (height)]. Located behind your private locked door at your parking spot. Deluxe! The stunning Art Deco-inspired inner Courtyard is fabulous in all seasons. It leverages style, functionality, community, and serenity. Fully landscaped with trees, seating areas, and BBQ stations. The winter scene as viewed from Suite 908, with snow on the ground, was architecturally striking. Just wait until all those trees pop their leaves! Other amenities are located on the 11th floor and seem endless: A curated indoor pool room feels like luxury. See the pictures! Nicely furnished, large resident lounge that is linked to a dining area for catered events. Large and fully equipped gym with windows. Smaller Yoga Room for lighter or different forms of exercise. Guest suites. I can't say enough about this community pocket. Everything is walkable - easily 10 minutes or less. This is a transit hub area that embraces a community design. Every necessity and recreational opportunity imaginable is found here.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13051288
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 1000-1199
- Cross streets
- Bathurst / Fleet Street
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Concrete, Brick Veneer
- Maintenance
- $905/mo
- Exposure
- North East
- Property tax
- $3,974 / 2026
- Days on market
- 85
- Listing brokerage
- Royal LePage Real Estate Associates
Rooms
vinyl floor · window floor to ceiling · w/o to balcony
ceramic floor · granite counters · stainless steel appl
vinyl floor · window floor to ceiling · overlook patio
vinyl floor · w/o to balcony · 4 pc ensuite
vinyl floor · window floor to ceiling
ceramic floor · 3 pc bath
ceramic floor · 4 pc ensuite
vinyl floor · window floor to ceiling · w/o to balcony
Listed at $849,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
In Niagara lately, sellers have been getting about 97% of asking and homes sell in about 37 days.
Based on 64 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 64 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $733K, a bit lower.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, sold for $1.25M
- Bedrooms +$22K
- Adjusts to $1.27M
That comparable adjusts to $1.27M; the $850K estimate above is the median of all 64 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
Its public catchment (The Waterfront School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $850K, median of 64 comparables.
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
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 11% below the area average of $869/sqft.
84 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Niagara, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $679,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,624
- Property tax
- $331
- Condo / maintenance fees
- $905
- Heating
- $0
- Estimated monthly cost
- $4,861
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,455
- Toronto municipal land transfer tax
- $13,455
- Estimated closing costs
- $26,910
Plus your down payment of $169,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $217,468
- Principal paid down
- $86,496
- Interest paid
- $130,972
- Balance remaining
- $592,704
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Real Estate Associates. MLS®/PropTx.