307-12 York Street, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C13114262
About this home
Looking to be close to the action? Located between Scotiabank Arena and Rogers Centre, this is a sports fan's dream! With direct access to the PATH network, you can walk underground all the way to the Eaton Centre on those bad weather days and immerse yourself in all the city has to offer on those gorgeous weather days. While the unit comes with parking, you can walk everywhere you need! Close to shopping, the financial district, restaurants, concerts, sporting events, and more! Want to stroll along the waterfront? Just walk south a few minutes! Grocery shopping? Next door. You could almost hit Rogers Centre with a baseball from your open balcony, so catching a Blue Jays game is a breeze. Or head in the opposite direction for Leafs and Raptors. And for those jet-setters - take the UP express to Pearson or the shuttle to Billy Bishop. No fighting traffic to start that trip! The layout is highly functional with a separate area for dining or den and 2 proper bedrooms with closet and exterior facing windows. The washroom has a door separating the tub from the sink for added functionality. Here is you chance to own in an ideal starting point to experience all that Toronto has to offer!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13114262
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 700-799
- Cross streets
- York and Lake Shore
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete Poured
- Maintenance
- $771/mo
- Exposure
- North
- Property tax
- $4,653 / 2025
- Days on market
- 72
- Listing brokerage
- ROYAL LEPAGE TERREQUITY PRINCIPLED REALTY
Rooms
double closet · w/o to balcony · semi ensuite
wood · open concept · combined w/dining
open concept · wood
window · wood · double closet
wood · juliette balcony · open concept
Listed at $625,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
In Waterfront Communities C1 lately, sellers have been getting about 97% of asking and homes sell in about 33 days.
Based on 85 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 85 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $833K, 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 $632K
- Bathrooms −$9K
- Adjusts to $623K
That comparable adjusts to $623K; the $607K estimate above is the median of all 85 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 Jean Lumb Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Total price vs nearby homes. Fair value about $607K, median of 85 comparables.
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 12% below the area average of $944/sqft.
71 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Waterfront Communities C1, 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 $500,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,668
- Property tax
- $388
- Condo / maintenance fees
- $771
- Heating
- $0
- Estimated monthly cost
- $3,827
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,975
- Toronto municipal land transfer tax
- $8,975
- Estimated closing costs
- $17,950
Plus your down payment of $125,000. 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
- $160,091
- Principal paid down
- $63,675
- Interest paid
- $96,416
- Balance remaining
- $436,325
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 TERREQUITY PRINCIPLED REALTY. MLS®/PropTx.