1912-38 Dan Leckie Way, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13107990

$979,900
For Sale
Listed 74 days ago
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3Bedrooms
2Bathrooms
2Garage
1000-1199Sq Ft

About this home

very bright & unique 2+Den, 2 Bathroom corner suite offers unobstructed lake and city skyline views from every room, with a stunning wrap-around that perfect for morning coffees or evening sunsets. Bright and inviting with floor-to-ceiling windows, featuring a modern open-concept layout, two full bathrooms, and a versatile den that works perfectly as a home office or guest room. Along with million-dollar views, the building also offers great amenities, and with the waterfront, parks, transit, grocery stores, and downtown Toronto's finest attractions right at your doorstep, this is truly a must-see condo that blends lifestyle, comfort, and convenience.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13107990
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1000-1199
Cross streets
Bathurst/Lakeshore
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$768/mo
Exposure
South East
Property tax
$3,869 / 2026
Days on market
74
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Bedroom 2Main3.30 × 3.20 m

Laminate

Dining RoomMain4.60 × 4.20 m

Laminate

Living RoomMain4.60 × 2.70 m

Laminate

Primary BedroomMain3.50 × 3.20 m

Laminate

KitchenMain4.60 × 4.20 m

Laminate

DenMain2.70 × 2.10 m

Laminate

Moe’s TakeTeam Asgarian · Broker
Above comparables
$837Kest. value

Listed at $979,900, this home is about 17% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($891/sqft) is below the area, so you are paying for extra space rather than a premium.

In Waterfront Communities C1 lately, sellers have been getting about 97% of asking and homes sell in about 37 days.

Based on 60 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 60 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $723K, 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 $1.16M
  • Adjusts to $1.16M

That comparable adjusts to $1.16M; the $837K estimate above is the median of all 60 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.

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

List price
$747KGreat deal$980KOverpriced

Total price vs nearby homes. Fair value about $837K, median of 60 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$998kavg asking

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

1105-361 Front Street$899k4506-327 King Street$1.11M1708-3 Navy Wharf Court$885k606-478 King Street$850k309-35 Mariner Terrace$1.25M

The 5 closest of 6 active listings nearby.

See all comparable homes
980kThis home899k1.11M885k850k1.25MThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $889K
$891this home / sqft
17active listings nearby
74days on market
100sold nearby · 90 days
$644Kmedian sold price
97%of asking, on average

This home lists 9% below the area average of $982/sqft.

73 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 C1, 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.

Bay Street Corridor
$471K
Waterfront Communities C8
$700K
Church-Yonge Corridor
$561K
Moss Park
$519K
Mimico
$598K

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 · 0.2 km awayAround the GTA average · 74% meet the provincial standard

Affordability & Mortgage

Affordability
$4,466/mo
$198KIncome needed
5.0×Price ÷ income
$1,031Weekly 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 $4,466Property tax $322Condo fee $768Total carry $5,556

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,183per month

Mortgage amount $783,920 · 4.14% over 25 years

$195,980Down payment (20.0%)
$783,920Loan before insurance
$0CMHC premium
$5,274Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,183
Property tax
$322
Condo / maintenance fees
$768
Heating
$0
Estimated monthly cost
$5,274

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

One-time closing costs

Ontario land transfer tax
$16,073
Toronto municipal land transfer tax
$16,073
Estimated closing costs
$32,146

Plus your down payment of $195,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,081/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

$471,066Total interest paid
$1,254,986Total of all payments
Principal $783,920 Interest $471,066
YearPrincipalInterestBalance
1$18,365$31,835$765,555
2$19,133$31,067$746,423
3$19,933$30,266$726,490
4$20,767$29,433$705,723
5$21,635$28,564$684,088
6$22,540$27,659$661,547
7$23,483$26,716$638,064
8$24,465$25,734$613,599
9$25,489$24,711$588,110
10$26,555$23,644$561,555
11$27,666$22,534$533,889
12$28,823$21,376$505,066
13$30,029$20,171$475,037
14$31,285$18,915$443,753
15$32,593$17,606$411,160
16$33,957$16,243$377,203
17$35,377$14,823$341,826
18$36,857$13,343$304,969
19$38,398$11,801$266,571
20$40,004$10,195$226,567
21$41,678$8,522$184,889
22$43,421$6,778$141,468
23$45,237$4,962$96,230
24$47,130$3,070$49,101
25$49,101$1,099$0

At the end of your 5-year term

Total paid over the term
$250,997
Principal paid down
$99,832
Interest paid
$151,165
Balance remaining
$684,088

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$3,400/mo
$40,800Gross annual rent
2.3%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.

4.2%
Gross yield
− Property tax $3,869− Condo fees $9,216− Insurance $600− Vacancy & upkeep $4,488Net operating income $22,627

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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