924-55 Stewart Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13421424

$1,599,990
For Sale
Listed 39 days ago
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3Bedrooms
3Bathrooms
1Garage
1400-1599Sq Ft

About this home

A rare chance to own in one of King West's most coveted addresses tucked away on a quiet street. At nearly 1,500 sqft, this two-bedroom-plus-den, three bedroom residence delivers a living experience that feels both luxurious and effortless. The open-concept dining, living, and kitchen areas flow together naturally - built for everything from quiet weeknights to full-scale entertaining - all bathed in south-facing light with views over Victoria Memorial Square. The primary suite is a true retreat, with a spa-inspired ensuite and a spacious walk-in closet. This unit has been well maintained and includes approximately $50,000 of upgrades, including new floors installed in 2026 and upgraded appliances. Step out onto your own private balcony for quiet sweeping views. Easy access to public transit, entertainment, dining, and the upcoming subway line. Access to world class amenities at the connected 1Hotel, including a state of the art fitness facility, rooftop infinity pool, and dining. The unit comes with an indoor parking spot and large storage locker.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13421424
Bedrooms
3 (2 + 1)
Bathrooms
3 (1 half)
Size
1400-1599
Cross streets
Wellington & Bathurst
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Maintenance
$1,616/mo
Exposure
South East
Property tax
$7,239 / 2026
Days on market
39
Listing brokerage
CITYSCAPE REAL ESTATE LTD.

Rooms

KitchenMain4.18 × 3.72 m

laminate · centre island · stainless steel appl

Dining RoomMain6.65 × 4.68 m

laminate · open concept · overlooks backyard

Living RoomMain6.65 × 4.68 m

laminate · w/o to balcony · south view

DenMain4.57 × 3.96 m

laminate · combined w/living · open concept

FoyerMain2.85 × 1.93 m

laminate · 2 pc bath · open concept

Bedroom 2Main6.12 × 5.07 m

laminate · 4 pc ensuite · w/w closet

Primary BedroomMain6.19 × 5.87 m

laminate · 3 pc ensuite · walk-in closet(s)

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.46Mest. value

Listed at $1,599,990, this home is about 10% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.43M, a close match.

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, listed at $893K
  • Bathrooms +$15K
  • Adjusts to $908K

That comparable adjusts to $908K; the $1.46M estimate above is the median of all 9 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$1.30MGreat deal$1.60MOverpriced

Total price vs nearby homes. Fair value about $1.46M, median of 9 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.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$1.06Mavg asking

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

309-35 Mariner Terrace$1.25M325-30 Nelson Street$1.05M1203-33 University Avenue$893k

The 3 closest active listings nearby.

See all comparable homes
1.60MThis home1.25M1.05M893kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $1.11M
$1,067this home / sqft
9active listings nearby
39days on market

This home lists 12% above the area average of $956/sqft.

38 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.

Getting around

0/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Church-Yonge Corridor
$676K
Annex
$929K
Mimico
$840K
Willowdale East
$466K
Bayview Village
$681K

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 Ryerson Community School
52%
Ryerson Community SchoolPublic · Elementary · 0.9 km awayBelow the GTA average · 52% meet the provincial standard
ALPHA Alternative Junior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$7,292/mo
$330KIncome needed
4.8×Price ÷ income
$1,683Weekly 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 $7,292Property tax $603Condo fee $1,616Total carry $9,512

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,831per month

Mortgage amount $1,279,992 · 4.14% over 25 years

$319,998Down payment (20.0%)
$1,279,992Loan before insurance
$0CMHC premium
$9,050Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,831
Property tax
$603
Condo / maintenance fees
$1,616
Heating
$0
Estimated monthly cost
$9,050

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

One-time closing costs

Ontario land transfer tax
$28,475
Toronto municipal land transfer tax
$28,475
Estimated closing costs
$56,950

Plus your down payment of $319,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,296/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

$769,162Total interest paid
$2,049,154Total of all payments
Principal $1,279,992 Interest $769,162
YearPrincipalInterestBalance
1$29,986$51,980$1,250,006
2$31,240$50,726$1,218,766
3$32,547$49,419$1,186,219
4$33,908$48,058$1,152,311
5$35,326$46,640$1,116,985
6$36,804$45,162$1,080,181
7$38,344$43,623$1,041,837
8$39,947$42,019$1,001,890
9$41,618$40,348$960,271
10$43,359$38,607$916,912
11$45,173$36,793$871,739
12$47,062$34,904$824,677
13$49,031$32,935$775,646
14$51,082$30,884$724,564
15$53,219$28,748$671,345
16$55,445$26,522$615,901
17$57,764$24,202$558,137
18$60,180$21,786$497,957
19$62,697$19,269$435,260
20$65,320$16,646$369,940
21$68,052$13,914$301,888
22$70,898$11,068$230,990
23$73,864$8,102$157,126
24$76,954$5,013$80,172
25$80,172$1,794$0

At the end of your 5-year term

Total paid over the term
$409,831
Principal paid down
$163,007
Interest paid
$246,823
Balance remaining
$1,116,985

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$4,750/mo
$57,000Gross 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.

3.6%
Gross yield
− Property tax $7,239− Condo fees $19,393− Insurance $600− Vacancy & upkeep $6,270Net operating income $23,498

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CITYSCAPE REAL ESTATE LTD.. MLS®/PropTx.

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