203-1 Scott Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13472130

$970,000
For Sale
Listed 32 days ago
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1Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Rarely available 2 storey modern loft unit in exclusive and well maintained London on the Esplanade. Bright, spacious, furnished 1,085 sq. ft. 1 bedroom loft with 20 ft. ceilings. Includes 1 parking spot located directly opposite the entrance to elevator on P3 and large locker on P2. All furniture included in sale price, move in ready. 24/7 concierge and security, outdoor roof top swimming pool and hot tub, BBQs, gym, yoga studio, steam rooms, theater, party room, billiard room, library, lounge and guest suites. A $50K+ renovation completed a few years prior with new stainless steel appliances, remote controlled electric black out window blinds and designer furniture from Rove Concepts, ELTE, CB2, etc. Prime downtown location, walk score of 100, 2 blocks from Union Station and next to Berczy Park. Available for immediate occupancy.

Key facts

Property type
Condo Apartment, Loft
MLS®
C13472130
Bedrooms
1
Bathrooms
2 (1 half)
Size
1000-1199
Cross streets
Front St W and Yonge St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$1,012/mo
Exposure
South West
Property tax
$3,729 / 2026
Days on market
32
Listing brokerage
INSIDER REALTY

Rooms

KitchenMain4.02 × 3.70 m

stainless steel appl · centre island

Dining RoomMain6.73 × 3.63 m

Open Concept

Living RoomMain6.73 × 3.63 m

Combined w/Dining

Primary BedroomSecond4.15 × 3.90 m

overlooks living · 4 pc ensuite

Our TakeTeam Asgarian · Broker
Above comparables
$778Kest. value

Listed at $970,000, and my independent estimate is about 25% above what comparable homes suggest.

In Waterfront Communities C8 lately, sellers get about 96% of asking; homes sell in ~33 days.

List price
$713KGreat deal$970KOverpriced

Total price vs nearby homes. Fair value about $778K, median of 31 comparables.

How this estimate is builtthe short version

I take the 31 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 $632K, a bit lower.

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
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Market Lane Junior and Senior 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 ($882/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Waterfront Communities C8, so I widened the search to the surrounding area.

Based on 31 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby · asking prices
$1.38Mavg asking

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

217-1173 Dundas Street$1.40M111-660 Pape Avenue$1.45M106-660 Pape Avenue$1.30M

The 3 closest active listings nearby.

See all comparable homes
970kThis home1.40M1.45M1.30MThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $589K
$882this home / sqft
72active listings nearby
32days on market
100sold nearby · 90 days
$600Kmedian sold price
96%of asking, on average

This home lists 17% below the area average of $1,069/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
$975K
Waterfront Communities C1
$608K
Church-Yonge Corridor
$610K
Bay Street Corridor
$618K
Niagara
$599K

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 Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 0.9 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$4,421/mo
$200KIncome needed
4.8×Price ÷ income
$1,020Weekly 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 $4,421Property tax $311Condo fee $1,012Total carry $5,743

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,141per month

Mortgage amount $776,000 · 4.14% over 25 years

$194,000Down payment (20.0%)
$776,000Loan before insurance
$0CMHC premium
$5,464Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,141
Property tax
$311
Condo / maintenance fees
$1,012
Heating
$0
Estimated monthly cost
$5,464

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

One-time closing costs

Ontario land transfer tax
$15,875
Toronto municipal land transfer tax
$15,875
Estimated closing costs
$31,750

Plus your down payment of $194,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,030/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

$466,307Total interest paid
$1,242,307Total of all payments
Principal $776,000 Interest $466,307
YearPrincipalInterestBalance
1$18,179$31,513$757,821
2$18,939$30,753$738,882
3$19,732$29,961$719,150
4$20,557$29,135$698,593
5$21,417$28,275$677,176
6$22,313$27,380$654,864
7$23,246$26,446$631,618
8$24,218$25,474$607,399
9$25,231$24,461$582,168
10$26,287$23,406$555,881
11$27,386$22,306$528,495
12$28,532$21,161$499,963
13$29,725$19,967$470,238
14$30,969$18,724$439,270
15$32,264$17,428$407,006
16$33,613$16,079$373,392
17$35,019$14,673$338,373
18$36,484$13,208$301,888
19$38,010$11,682$263,878
20$39,600$10,092$224,278
21$41,257$8,436$183,021
22$42,982$6,710$140,039
23$44,780$4,912$95,258
24$46,653$3,039$48,605
25$48,605$1,087$0

At the end of your 5-year term

Total paid over the term
$248,461
Principal paid down
$98,824
Interest paid
$149,638
Balance remaining
$677,176

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$3,400/mo
$40,800Gross annual rent
2.0%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.

4.2%
Gross yield
− Property tax $3,729− Condo fees $12,139− Insurance $600− Vacancy & upkeep $4,488Net operating income $19,844

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

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