723-432 Cherry Street, Toronto, ON
Waterfront Communities C8, Toronto · MLS® C13170142
About this home
RENT NOW AND RECEIVE 1 MONTH FREE! Bringing your net effective rate to $2,767 on a 1 year lease.*Brand new never lived in before 1 BED, 1 BATH 676sf suite with premium finishes. Features include in-suite full washer and dryer, built-in kitchen islands and wine fridges, stainless steel appliances, Ceasarstone kitchen countertops and backsplash, Trevisana kitchen cabinets and Google Nest thermostats. Bedroom includes a walk-in closet with built-in organizers and black out roller shades. Discover the newest and largest purpose-built rental living within Canary District's award-winning master-planned community. Enjoy a collection of elevated indoor and outdoor amenities which include a state-of-the-art two-story fitness centre equipped with a multi-functional studio and strength training room fitted with the very best equipment. Additional amenities include a co-working space with private meeting rooms, an outdoor pool, theatre, kids playroom, family lounge, skyline terrace and lookout lounges, games room, party room, pet spa and private dog run, bike storage and automated parcel lockers. *Offers subject to change without notice & Images are for illustrative purposes only. Parking is available at a cost. Option to have your unit Fully Furnished at an additional cost.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13170142
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 1
- Size
- 600-699
- Cross streets
- Trinity Street/Front Street
- Parking
- 0 parking
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Exposure
- South
- Days on market
- 59
- Listing brokerage
- BAKER REAL ESTATE INCORPORATED
Rooms
combined w/kitchen · centre island · open concept
open concept · vinyl floor · combined w/dining
stainless steel appl · modern kitchen · backsplash
walk-in closet(s) · window floor to ceiling · vinyl floor
juliette balcony · open concept · vinyl floor
Listed at $3,018/mo, this rental is about 14% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.
In Waterfront Communities C8 lately, landlords have been getting about 99% of asking and homes lease in about 14 days.
Based on 67 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 67 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.
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, leased for $2,751/mo
- Bedrooms −$75/mo
- Bathrooms −$100/mo
- Adjusts to $2,576/mo
That comparable adjusts to $2,576/mo; the $2,637/mo estimate above is the median of all 67 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.
The assigned public school is Queen Alexandra Middle 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 $2,637/mo, median of 67 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 homesOn the market now.
View comparable listingsNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Waterfront Communities C8, 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAKER REAL ESTATE INCORPORATED. MLS®/PropTx.