5403-28 Freeland Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13226818

$558,000
For Sale
Listed 52 days ago
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1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Welcome To The Prestige At One Yonge By Pinnacle-Toronto's Landmark Waterfront Address. This Elegant One Bed Suite On The 54th Floor Offers Panoramic City And Lake Views Through Floor-to-ceiling Windows. Smart 518 Sq Ft Layout With 9 Ft Ceilings, Open-Concept Living, And A Modern Kitchen Featuring Built-In Appliances and Quratz Countertops. Enjoy Premium AmenitiesIncluding Indoor Pool, Fitness Centre, Outdoor Terrace With BBQ Area And 24-Hour Concierge. Steps To Union Station, Scotiabank Arena, Financial District And The Lakefront.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13226818
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Lakeshore Blvd E / Queens Quay E
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$451/mo
Exposure
West
Property tax
$3,698 / 2026
Days on market
52
Listing brokerage
HOMELIFE FRONTIER REALTY INC.

Rooms

Primary BedroomFlat9.90 × 9.90 m

laminate · mirrored closet · large window

Living RoomFlat10.60 × 9.30 m

laminate · w/o to balcony · window floor to ceiling

Dining RoomFlat12.60 × 9.90 m

laminate · combined w/kitchen

KitchenFlat12.60 × 9.90 m

laminate · b/i appliances · open concept

Our TakeTeam Asgarian · Broker
In line
$575Kest. value

Listed at $558,000, and my independent estimate is right in line with comparable homes.

In Waterfront Communities C8 lately, sellers get about 96% of asking; homes sell in ~34 days.

List price
$542KGreat deal$592KOverpriced

Total price vs nearby homes. Fair value about $575K, median of 8 comparables.

How this estimate is builtthe short version

I take the 8 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $578K, a close match.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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.

Based on 8 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C8 · asking prices
$541kavg asking

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

6212-138 Downes Street$549k3215-138 Downes Street$548k2107-70 Distillery Lane$579k2007-16 Bonnycastle Street$529k620-55 Merchants Wharf$500k

The 5 closest of 8 active listings nearby.

See all comparable homes
558kThis home549k548k579k529k500kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $585K
$1,015this home / sqft
39active listings nearby
52days on market
100sold nearby · 90 days
$583Kmedian sold price
96%of asking, on average

This home lists 8% above the area average of $944/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 C8, 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.

Moss Park
$1.23M
Waterfront Communities C1
$574K
Church-Yonge Corridor
$588K
Bay Street Corridor
$556K
Niagara
$575K

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 Dundas Junior Public School
59%
Dundas Junior Public SchoolPublic · Elementary · 2.9 km awayBelow the GTA average · 59% meet the provincial standard

Affordability & Mortgage

Affordability
$2,543/mo
$119KIncome needed
4.7×Price ÷ income
$587Weekly 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.

77%mortgage
Mortgage $2,543Property tax $308Condo fee $451Total carry $3,303

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,382per month

Mortgage amount $446,400 · 4.14% over 25 years

$111,600Down payment (20.0%)
$446,400Loan before insurance
$0CMHC premium
$3,141Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,382
Property tax
$308
Condo / maintenance fees
$451
Heating
$0
Estimated monthly cost
$3,141

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

One-time closing costs

Ontario land transfer tax
$7,635
Toronto municipal land transfer tax
$7,635
Estimated closing costs
$15,270

Plus your down payment of $111,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,893/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

$268,247Total interest paid
$714,647Total of all payments
Principal $446,400 Interest $268,247
YearPrincipalInterestBalance
1$10,458$18,128$435,942
2$10,895$17,691$425,047
3$11,351$17,235$413,697
4$11,826$16,760$401,871
5$12,320$16,266$389,551
6$12,836$15,750$376,715
7$13,372$15,213$363,343
8$13,932$14,654$349,411
9$14,515$14,071$334,897
10$15,122$13,464$319,775
11$15,754$12,832$304,021
12$16,413$12,173$287,608
13$17,100$11,486$270,508
14$17,815$10,771$252,693
15$18,560$10,026$234,133
16$19,336$9,249$214,797
17$20,145$8,441$194,651
18$20,988$7,598$173,664
19$21,866$6,720$151,798
20$22,780$5,805$129,017
21$23,733$4,853$105,284
22$24,726$3,860$80,558
23$25,760$2,826$54,798
24$26,838$1,748$27,960
25$27,960$626$0

At the end of your 5-year term

Total paid over the term
$142,929
Principal paid down
$56,849
Interest paid
$86,080
Balance remaining
$389,551

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$1,700/mo
$20,400Gross annual rent
1.5%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.

3.7%
Gross yield
− Property tax $3,698− Condo fees $5,415− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,442

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

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