1109-38 Dan Leckie Way, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13228426

$619,900
For Sale
Listed 52 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Spectacular, renovated 1+1 with CN tower and skyline views, parking and a locker in the heart of downtown! Awesome split bed/den layout. Newer full size custom Chef's kitchen with a large island, new cabinets and appliances, new hood vent, quartz counters, sleek fixtures, and custom built ins. Newer flooring. Spacious living room with space for real furniture. Other upgrades include newer full size washer and dryer, custom sliding glass doors that make the den an ideal 2nd bedroom or home office. Inviting foyer and good closets. Step outside to your large 100 sq ft balcony with mesmerizing views of the skyline and a perfectly framed perspective of the CN tower. Awesome building with friendly and attentive management. Exceptional amenities including BBQ friendly outdoor space, outdoor hot tub, bike storage, guest suites, gym, sauna, party room, visitor parking and a 24 hr concierge for home deliveries. The super low maintenance fees are amongst the most competitive in the downtown core, which include heat, water and AC! Super convenient location that is steps to transit, the Gardiner, Loblaws, the financial district, Shoppers and everything that downtown has to offer! Nearly impossible to find view at this price point and a recent high caliber renovation distinguishes this unit from others. 655 sq ft of perfection! This is a rare opportunity!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13228426
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Lakeshore/Bathurst
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$454/mo
Exposure
East
Property tax
$2,850 / 2026
Days on market
52
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

DenMain2.24 × 1.65 m

wood · separate room · sliding doors

Living RoomMain3.82 × 3.38 m

wood · w/o to balcony · east view

KitchenMain5.36 × 3.48 m

wood · renovated · quartz counter

Dining RoomMain5.36 × 3.48 m

wood · combined w/kitchen · centre island

Primary BedroomMain3.40 × 2.45 m

broadloom · semi ensuite · large closet

Our TakeTeam Asgarian · Broker
Above comparables
$555Kest. value

Listed at $619,900, and my independent estimate is about 12% above what comparable homes suggest.

In Waterfront Communities C1 lately, sellers get about 97% of asking; homes sell in ~38 days.

List price
$517KGreat deal$620KOverpriced

Total price vs nearby homes. Fair value about $555K, median of 6 comparables.

How this estimate is builtthe short version

I take the 6 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 $610K, a close match.

What the listing highlights3 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is The Waterfront School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($954/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 6 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$619kavg asking

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

503-11 Brunel Court$619k3805-318 Richmond Street$624k2611-81 Navy Wharf Court$614k4003-55 bremner Boulevard$649k3708-19 Grand Trunk Crescent$590k

The 5 closest of 8 active listings nearby.

See all comparable homes
620kThis home619k624k614k649k590kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $600K
$954this home / sqft
60active listings nearby
52days on market
100sold nearby · 90 days
$591Kmedian sold price
97%of asking, on average

This home lists 1% above the area average of $948/sqft.

51 days longer than the Toronto average (1 days).

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.

Nearby neighbourhoods

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

Niagara
$575K
Church-Yonge Corridor
$605K
Moss Park
$1.05M
Bay Street Corridor
$556K
Annex
$862K

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

Affordability & Mortgage

Affordability
$2,825/mo
$127KIncome needed
4.9×Price ÷ income
$652Weekly 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.

80%mortgage
Mortgage $2,825Property tax $238Condo fee $454Total carry $3,517

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)
$2,646per month

Mortgage amount $495,920 · 4.14% over 25 years

$123,980Down payment (20.0%)
$495,920Loan before insurance
$0CMHC premium
$3,338Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,646
Property tax
$238
Condo / maintenance fees
$454
Heating
$0
Estimated monthly cost
$3,338

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

One-time closing costs

Ontario land transfer tax
$8,873
Toronto municipal land transfer tax
$8,873
Estimated closing costs
$17,746

Plus your down payment of $123,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,214/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

$298,004Total interest paid
$793,924Total of all payments
Principal $495,920 Interest $298,004
YearPrincipalInterestBalance
1$11,618$20,139$484,302
2$12,104$19,653$472,199
3$12,610$19,147$459,589
4$13,137$18,620$446,451
5$13,687$18,070$432,764
6$14,259$17,498$418,505
7$14,856$16,901$403,649
8$15,477$16,280$388,172
9$16,125$15,632$372,047
10$16,799$14,958$355,248
11$17,502$14,255$337,746
12$18,234$13,523$319,513
13$18,997$12,760$300,516
14$19,791$11,966$280,725
15$20,619$11,138$260,106
16$21,481$10,276$238,625
17$22,380$9,377$216,245
18$23,316$8,441$192,928
19$24,291$7,466$168,637
20$25,307$6,450$143,330
21$26,366$5,391$116,964
22$27,469$4,288$89,495
23$28,618$3,139$60,877
24$29,815$1,942$31,062
25$31,062$695$0

At the end of your 5-year term

Total paid over the term
$158,785
Principal paid down
$63,156
Interest paid
$95,629
Balance remaining
$432,764

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$2,050/mo
$24,600Gross annual rent
2.1%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.

4.0%
Gross yield
− Property tax $2,850− Condo fees $5,448− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,996

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

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