2406-30 Nelson Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13458026

$635,000
For Sale
Listed 37 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Client RemarksFantastic One plus one Bedroom And Office, Facing South. Open Balcony In The Heart Of Toronto Financial & Entertainment District. Floor To Ceiling Windows. Laminate Flr Thru Out. Modern Kitchen, Open Concept. Good Layout, For Placing A Separate Dining Table , Good Living Space. 24 Hrs Concierge, Gym, Billiards Room, Party Room * Mins To Subway. * Close To Universities, Colleges, Hospital, Shopping. Parking And Locker, Built In Appliance.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13458026
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Richmond/Adelaide/Duncan
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$670/mo
Exposure
South
Property tax
$3,778 / 2025
Days on market
37
Listing brokerage
MASTER`S TRUST REALTY INC.

Rooms

BedroomFlat9.00 × 10.20 m
Dining RoomFlat17.00 × 19.00 m

Combined w/Living

Living RoomFlat17.00 × 19.00 m

combined w/dining · laminate

KitchenFlat17.00 × 19.00 m

Combined w/Living

DenFlat8.00 × 7.50 m
Our TakeTeam Asgarian · Broker
Above comparables
$573Kest. value

Listed at $635,000, and my independent estimate is about 11% above what comparable homes suggest.

In Waterfront Communities C1 lately, sellers get about 96% of asking; homes sell in ~36 days.

List price
$555KGreat deal$635KOverpriced

Total price vs nearby homes. Fair value about $573K, 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 $687K, 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.

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

Priced above comparable homes overall, but the price per square foot ($978/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
$612kavg asking

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

4003-55 bremner Boulevard$649k503-11 Brunel Court$619k2611-81 Navy Wharf Court$614k3708-19 Grand Trunk Crescent$590k1301-170 Fort York Boulevard$590k

The 5 closest of 8 active listings nearby.

See all comparable homes
635kThis home649k619k614k590k590kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $593K
$978this home / sqft
58active listings nearby
37days on market
99sold nearby · 90 days
$575Kmedian sold price
96%of asking, on average

This home lists 5% above the area average of $935/sqft.

36 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.

Moss Park
$742K
Church-Yonge Corridor
$551K
Waterfront Communities C8
$621K
Niagara
$575K
Annex
$2.03M

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 · 0.6 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$2,894/mo
$137KIncome needed
4.6×Price ÷ income
$668Weekly 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.

75%mortgage
Mortgage $2,894Property tax $315Condo fee $670Total carry $3,879

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)
$2,711per month

Mortgage amount $508,000 · 4.14% over 25 years

$127,000Down payment (20.0%)
$508,000Loan before insurance
$0CMHC premium
$3,696Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,711
Property tax
$315
Condo / maintenance fees
$670
Heating
$0
Estimated monthly cost
$3,696

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

One-time closing costs

Ontario land transfer tax
$9,175
Toronto municipal land transfer tax
$9,175
Estimated closing costs
$18,350

Plus your down payment of $127,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,293/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

$305,263Total interest paid
$813,263Total of all payments
Principal $508,000 Interest $305,263
YearPrincipalInterestBalance
1$11,901$20,630$496,099
2$12,398$20,132$483,701
3$12,917$19,613$470,784
4$13,457$19,073$457,326
5$14,020$18,510$443,306
6$14,607$17,924$428,699
7$15,218$17,313$413,482
8$15,854$16,676$397,627
9$16,517$16,013$381,110
10$17,208$15,322$363,902
11$17,928$14,602$345,974
12$18,678$13,853$327,296
13$19,459$13,071$307,836
14$20,273$12,257$287,563
15$21,121$11,409$266,442
16$22,005$10,526$244,437
17$22,925$9,605$221,512
18$23,884$8,646$197,628
19$24,883$7,647$172,745
20$25,924$6,607$146,821
21$27,008$5,522$119,813
22$28,138$4,393$91,675
23$29,315$3,216$62,360
24$30,541$1,989$31,819
25$31,819$712$0

At the end of your 5-year term

Total paid over the term
$162,653
Principal paid down
$64,694
Interest paid
$97,959
Balance remaining
$443,306

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
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.

3.9%
Gross yield
− Property tax $3,778− Condo fees $8,036− Insurance $600− Vacancy & upkeep $2,706Net operating income $9,480

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

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