1701-38 Iannuzzi Street, Toronto, ON

Niagara, Toronto · MLS® C13053778

$548,000
For Sale
Listed 85 days ago
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1Bedrooms
1Bathrooms
2Garage
500-599Sq Ft

About this home

Rarely offered 1-bedroom suite with TWO PARKING spaces and open skyline views stretching to Lake Ontario, creating spectacular sunset backdrops. This bright, west-facing unit features 9-ft ceilings, expansive windows, and an abundance of natural light throughout. The thoughtfully designed layout is complemented by a sleek modern kitchen with integrated appliances, ample cabinetry, and a versatile island perfect for dining and entertaining.Step out onto your private balcony and enjoy stunning city views with Lake Ontario in the distance. Bathed in natural light, the space offers a warm and inviting atmosphere.Ideally located in Toronto's vibrant Fort York waterfront community, you're just steps to Loblaws, LCBO, cafés, restaurants, parks, and the lakefront, with easy access to the TTC, Gardiner Expressway, and QEW. Enjoy being minutes from the Entertainment District, The Well, CN Tower, Rogers Centre, Exhibition Place, Budweiser Stage, and Toronto's scenic waterfront trails and parks.An exceptional opportunity to own in one of downtown Toronto's most desirable and well-connected waterfront communities, where lifestyle and convenience come together seamlessly.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13053778
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Lake Shore Blvd W & Bathurst St
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$525/mo
Exposure
West
Property tax
$3,227 / 2025
Days on market
85
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

KitchenMain2.48 × 3.24 m

stainless steel appl · centre island · laminate

Primary BedroomMain2.48 × 3.70 m

large window · west view · laminate

Living RoomMain4.78 × 3.24 m

w/o to balcony · west view · laminate

Moe’s TakeTeam Asgarian · Broker
Above comparables
$432Kest. value

Listed at $548,000, this home is about 27% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

In Niagara lately, sellers have been getting about 96% of asking and homes sell in about 39 days.

Based on 82 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 82 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $598K, higher than the comparables and worth a second look.

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 $477K
  • Bedrooms −$30K
  • Adjusts to $447K

That comparable adjusts to $447K; the $432K estimate above is the median of all 82 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.

List price
$376KGreat deal$548KOverpriced

Total price vs nearby homes. Fair value about $432K, median of 82 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Niagara · asking prices
$544kavg asking

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

1001-55 East Liberty Street$542k703-30 Ordnance Street$538k1103-20 Bruyeres Mews$535k715-55 East Liberty Street$535k2404-50 Ordnance Street$569k

The 5 closest of 8 active listings nearby.

See all comparable homes
548kThis home542k538k535k535k569kThis home vs active comparables
Live market pulseActive comparables in Niagara · median list $550K
$997this home / sqft
51active listings nearby
85days on market
100sold nearby · 90 days
$615Kmedian sold price
96%of asking, on average

This home lists 14% above the area average of $871/sqft.

84 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

Niagara, 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.

Waterfront Communities C1
$687K
Bay Street Corridor
$465K
Waterfront Communities C8
$719K
Church-Yonge Corridor
$669K
Moss Park
$519K

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 The Waterfront School
74%
The Waterfront SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 74% meet the provincial standard

Affordability & Mortgage

Affordability
$2,498/mo
$117KIncome needed
4.7×Price ÷ income
$576Weekly 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.

76%mortgage
Mortgage $2,498Property tax $269Condo fee $525Total carry $3,292

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)
$2,339per month

Mortgage amount $438,400 · 4.14% over 25 years

$109,600Down payment (20.0%)
$438,400Loan before insurance
$0CMHC premium
$3,133Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,339
Property tax
$269
Condo / maintenance fees
$525
Heating
$0
Estimated monthly cost
$3,133

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

One-time closing costs

Ontario land transfer tax
$7,435
Toronto municipal land transfer tax
$7,435
Estimated closing costs
$14,870

Plus your down payment of $109,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,841/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

$263,440Total interest paid
$701,840Total of all payments
Principal $438,400 Interest $263,440
YearPrincipalInterestBalance
1$10,270$17,803$428,130
2$10,700$17,374$417,430
3$11,147$16,926$406,283
4$11,614$16,460$394,669
5$12,099$15,974$382,570
6$12,605$15,468$369,964
7$13,133$14,941$356,831
8$13,682$14,391$343,149
9$14,254$13,819$328,895
10$14,851$13,223$314,044
11$15,472$12,602$298,572
12$16,119$11,955$282,453
13$16,793$11,280$265,660
14$17,496$10,578$248,165
15$18,227$9,846$229,937
16$18,990$9,084$210,947
17$19,784$8,289$191,163
18$20,612$7,462$170,551
19$21,474$6,600$149,077
20$22,372$5,701$126,705
21$23,308$4,766$103,397
22$24,283$3,791$79,115
23$25,299$2,775$53,816
24$26,357$1,717$27,459
25$27,459$614$0

At the end of your 5-year term

Total paid over the term
$140,368
Principal paid down
$55,830
Interest paid
$84,538
Balance remaining
$382,570

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
1.5%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.

3.7%
Gross yield
− Property tax $3,227− Condo fees $6,300− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,029

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

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