2301-21 Grand Magazine Street, Toronto, ON
Niagara, Toronto · MLS® C13217774
About this home
Have You Been Waiting For That Special Condo That Is Modern Yet Warm And Welcoming. This Spectacular 1440 Sq Ft. 2 Bed Plus Den( Easily Function As a Third Bedroom ,Guest Suite, or Office) ,2 Bath Sun Filled South Facing Condo Boasts Breathtaking Lake Views With Three Private Balconies. Condo Has Been Recently Thoughtfully Renovated With Quality Finishes Throughout. The Designed Open-Concept Layout Seamlessly Connects The Living, Dining, And Kitchen Spaces, Making It Ideal For Both Entertaining And Everyday Living. Quality Finishes Can Be Found Throughout, Including Premium Engineered Hardwood Flooring, Elegant Quartz Countertops, 9 ft Ceilings, Crown Moldings On Doors/Ceilings/Floors, Stainless Steel Appliance, And Tasteful Modern Details That Showcase True Pride Of Ownership. The Primary Bedroom Is a Serene Retreat, Featuring a Walk-in Closet And a Spa Inspired Ensuite Bathroom Upgraded and Finished with Premium Fixtures and Finishes. A Fully Updated Second Bathroom Continues The Theme of Refined Modern Elegance. Additional Conveniences Include a Separate Laundry Room With Extra Storage And a Full-Size Washer and Dryer. Included Are 1 Locker and 1 Parking Space. Fantastic Building Amenities 24h Concierge, Indoor Pool, Fitness Centre, Hot Tub, Sauna, Guest Suites, Roof Top Terrace. Just steps away from Rogers Centre, Scotiabank Arena, BMO Field Trendy Restaurants, Cafes, Shopping, TTC Streetcar, Union Station And Billy Bishop Toronto City Island Airport All Walking Distance. Whether You Love Relaxed Lakeside Strolls, Urban Conveniences, or Dynamic City Life, This Location Has It All.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13217774
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 1400-1599
- Cross streets
- Lakeshore/ Bathurst
- Parking
- 57 garage · 1 parking (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,145/mo
- Exposure
- South
- Property tax
- $5,380 / 2026
- Days on market
- 54
- Listing brokerage
- RE/MAX ULTIMATE REALTY INC.
Rooms
ceramic floor · separate room
hardwood floor · double closet · overlooks living
4 pc ensuite · walk-in closet(s) · w/o to balcony
Overlook Water
East View
pot lights · laminate · dropped ceiling
Overlook Water
3 pc bath · w/o to balcony · hardwood floor
granite counters · stainless steel appl · centre island
hardwood floor · overlook water · w/o to balcony
w/o to balcony · fireplace · overlook water
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.
Ask Moe if this price is fairIts public catchment (The Waterfront School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
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 31% above the area average of $812/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Niagara, 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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.
Mortgage amount $1,276,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,809
- Property tax
- $448
- Condo / maintenance fees
- $1,145
- Heating
- $0
- Estimated monthly cost
- $8,403
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,375
- Toronto municipal land transfer tax
- $28,375
- Estimated closing costs
- $56,750
Plus your down payment of $319,000. 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
- $408,553
- Principal paid down
- $162,499
- Interest paid
- $246,054
- Balance remaining
- $1,113,501
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 RE/MAX ULTIMATE REALTY INC.. MLS®/PropTx.