2509-600 Fleet Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13167036

$328,000
For Sale
Listed 55 days ago
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1Bathrooms
0Parking
0-499Sq Ft

About this home

Lake view bachelor at the Malibu Condos at Harbourfront! Very well-designed and excellent layout. A spacious and bright studio with built in shelving, in-suite laundry and modern kitchen. *One Locker is included* Step out onto your lake-facing balcony and enjoy stunning sunset views over the water. Great building amenities including 24 hours concierge, an indoor pool, rooftop deck, and gym. Perfectly located with two TTC routes right at your doorstep. Few steps to the waterfront, parks, and Billy Bishop Airport. An incredible opportunity for investors, first-time buyers or those seeking the perfect pied-a-terre in the city! Priced to sell. Newer washer dryer and built in microwave. The unit is currently with the tenant's furniture which are different with the pics shown in this listing. Vacant possession October 1, 2026

Key facts

Property type
Condo Apartment, Bachelor/Studio
MLS®
C13167036
Bathrooms
1
Size
0-499
Cross streets
Bathurst St and Lake Shore Blvd
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$357/mo
Exposure
West
Property tax
$1,508 / 2025
Days on market
55
Listing brokerage
HOMELIFE/VISION REALTY INC.

Rooms

Living RoomMain3.57 × 3.80 m

combined w/br · laminate

BedroomMain3.57 × 3.80 m

open concept · combined w/living

BathroomMain1.45 × 1.65 m

4 Pc Bath

KitchenMain2.77 × 1.38 m

open concept · 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.

Its public catchment (The Waterfront School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Bathurst St at Fleet St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Weigh carefully
  • Value driver
  • Worth verifying
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$433kavg asking

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

220-169 Fort York Boulevard$369k3501-8 Widmer Street$388k1216-19 Bathurst Street$449k1603-30 Nelson Street$469k2206-65 Bremner Boulevard$489k

The 5 closest of 8 active listings nearby.

See all comparable homes
328kThis home369k388k449k469k489kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $618K
$1,315this home / sqft
100active listings nearby
55days on market

This home lists 26% above the area average of $1,046/sqft.

On the market now.

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.

Getting around

83/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Bathurst St at Fleet St, about 12 m away

20+ transit stops14 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Waterfront Communities C8
$998K
Church-Yonge Corridor
$574K
Annex
$1.39M
Mimico
$800K
Banbury-Don Mills
$500K

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

Affordability & Mortgage

Affordability
$1,495/mo
$71KIncome needed
4.6×Price ÷ income
$345Weekly 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 $1,495Property tax $126Condo fee $357Total carry $1,977

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,400per month

Mortgage amount $262,400 · 4.14% over 25 years

$65,600Down payment (20.0%)
$262,400Loan before insurance
$0CMHC premium
$1,883Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,400
Property tax
$126
Condo / maintenance fees
$357
Heating
$0
Estimated monthly cost
$1,883

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

One-time closing costs

Ontario land transfer tax
$3,395
Toronto municipal land transfer tax
$3,395
Estimated closing costs
$6,790

Plus your down payment of $65,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,701/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

$157,679Total interest paid
$420,079Total of all payments
Principal $262,400 Interest $157,679
YearPrincipalInterestBalance
1$6,147$10,656$256,253
2$6,404$10,399$249,849
3$6,672$10,131$243,176
4$6,951$9,852$236,225
5$7,242$9,561$228,983
6$7,545$9,258$221,438
7$7,860$8,943$213,578
8$8,189$8,614$205,389
9$8,532$8,271$196,857
10$8,889$7,914$187,968
11$9,261$7,543$178,708
12$9,648$7,155$169,060
13$10,051$6,752$159,008
14$10,472$6,331$148,537
15$10,910$5,893$137,627
16$11,366$5,437$126,260
17$11,842$4,962$114,419
18$12,337$4,466$102,082
19$12,853$3,950$89,229
20$13,391$3,413$75,838
21$13,951$2,852$61,888
22$14,534$2,269$47,353
23$15,142$1,661$32,211
24$15,776$1,028$16,435
25$16,435$368$0

At the end of your 5-year term

Total paid over the term
$84,016
Principal paid down
$33,417
Interest paid
$50,599
Balance remaining
$228,983

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$2,300/mo
$27,600Gross annual rent
5.5%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.

8.4%
Gross yield
− Property tax $1,508− Condo fees $4,279− Insurance $600− Vacancy & upkeep $3,036Net operating income $18,177

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

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