3506-357 King Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13237572

$560,000
For Sale
Listed 50 days ago
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2Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Modern and bright one bedroom plus den, one bathroom unit located in 35th floor with nine feetceiling and floor to ceiling window. Open concept kitchen with Quartz countertops, matchingbacksplash and full-size stainless-steel appliances. 42nd floor roof top terrace. 24-hourconcierge service. All the amenities are steps away.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13237572
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
King St W & Blue Jays Way
Parking
0 parking
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$414/mo
Exposure
East
Property tax
$3,238 / 2026
Days on market
50
Listing brokerage
HOMELIFE/FUTURE REALTY INC.

Rooms

Living RoomFlat5.15 × 3.22 m

open concept · large window · combined w/dining

DenFlat1.98 × 2.48 m

Laminate

Dining RoomFlat5.15 × 3.22 m

open concept · large window · combined w/living

BathroomFlat1.78 × 1.60 m

4 Pc Bath

Primary BedroomFlat3.05 × 2.92 m

closet · laminate

Our TakeTeam Asgarian · Broker
Above comparables
$490Kest. value

Listed at $560,000, and my independent estimate is about 14% above what comparable homes suggest.

In Waterfront Communities C1 lately, sellers get about 96% of asking; homes sell in ~37 days.

List price
$440KGreat deal$560KOverpriced

Total price vs nearby homes. Fair value about $490K, 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 $549K, a bit higher.

What the listing highlights1 point to weigh

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

  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Ogden Junior Public 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 6 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$561kavg asking

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

1901-8 Mercer Street$559k3610-21 Iceboat Terrace$556k4605-33 Bay Street$550k2012-14 York Street$550k3206-19 Bathurst Street$589k

The 5 closest of 8 active listings nearby.

See all comparable homes
560kThis home559k556k550k550k589kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $590K
$1,019this home / sqft
52active listings nearby
50days on market
100sold nearby · 90 days
$591Kmedian sold price
96%of asking, on average

This home lists 8% above the area average of $943/sqft.

49 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
$615K
Moss Park
$1.02M
Church-Yonge Corridor
$577K
Bay Street Corridor
$638K
Waterfront Communities C8
$621K

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 Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$2,552/mo
$117KIncome needed
4.8×Price ÷ income
$589Weekly 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.

79%mortgage
Mortgage $2,552Property tax $270Condo fee $414Total carry $3,236

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)
$2,391per month

Mortgage amount $448,000 · 4.14% over 25 years

$112,000Down payment (20.0%)
$448,000Loan before insurance
$0CMHC premium
$3,075Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,391
Property tax
$270
Condo / maintenance fees
$414
Heating
$0
Estimated monthly cost
$3,075

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

One-time closing costs

Ontario land transfer tax
$7,675
Toronto municipal land transfer tax
$7,675
Estimated closing costs
$15,350

Plus your down payment of $112,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,904/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

$269,208Total interest paid
$717,208Total of all payments
Principal $448,000 Interest $269,208
YearPrincipalInterestBalance
1$10,495$18,193$437,505
2$10,934$17,754$426,571
3$11,391$17,297$415,179
4$11,868$16,820$403,311
5$12,364$16,324$390,947
6$12,882$15,807$378,066
7$13,420$15,268$364,645
8$13,982$14,707$350,664
9$14,567$14,122$336,097
10$15,176$13,513$320,921
11$15,811$12,878$305,111
12$16,472$12,216$288,639
13$17,161$11,527$271,478
14$17,879$10,810$253,599
15$18,627$10,062$234,972
16$19,406$9,283$215,567
17$20,217$8,471$195,349
18$21,063$7,625$174,286
19$21,944$6,744$152,342
20$22,862$5,826$129,480
21$23,818$4,870$105,662
22$24,815$3,874$80,847
23$25,853$2,836$54,994
24$26,934$1,754$28,061
25$28,061$628$0

At the end of your 5-year term

Total paid over the term
$143,442
Principal paid down
$57,053
Interest paid
$86,389
Balance remaining
$390,947

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
1.7%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.

3.6%
Gross yield
− Property tax $3,238− Condo fees $4,971− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,347

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

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