601-327 king Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13472346

$415,000
For Sale
Listed 26 days ago
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1Bedrooms
1Bathrooms
0Parking
0-499Sq Ft

About this home

Experience elevated downtown living at Empire Maverick Condos, a prestigious new residence in the heart of Toronto's vibrant Entertainment District. This suite showcases sophisticated contemporary design, premium finishes, and top-of-the-line JennAir appliances, offering the perfect blend of style and functionality.Enjoy stunning east-facing city views and an abundance of natural light from this thoughtfully designed home, situated within one of downtown Toronto's most sought-after luxury towers. Just steps from the TIFF Lightbox, residents are immersed in the city's premier arts, entertainment, and cultural scene. The CN Tower, Rogers Centre, Ripley's Aquarium, Metro Toronto Convention Centre, and world-class shopping, dining, and nightlife are all within walking distance.Indulge in an exceptional lifestyle with access to Empire Maverick's curated collection of luxury amenities, including a state-of-the-art fitness centre, yoga studio, beauty bar, elegant resident lounge, co-working spaces, Harvest Dining Room, outdoor terraces with BBQ areas, and a convenient Grab & Go snack bar.With a perfect Walk Score and Transit Score of 100, this prime location offers unparalleled convenience and connectivity, placing the very best of Toronto right at your doorstep. An exceptional opportunity to own or lease in one of downtown's most exciting new developments.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13472346
Bedrooms
1
Bathrooms
1
Size
0-499
Cross streets
king st w and john street
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$420/mo
Exposure
East
Property tax
$2,707 / 2025
Days on market
26
Listing brokerage
EXP REALTY

Rooms

Living RoomFlat11.78 × 8.50 m

Combined w/Kitchen

BedroomFlat10.30 × 9.88 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$469Kest. value

Listed at $415,000, this home is about 12% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $492K, 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 $489K
  • Adjusts to $489K

That comparable adjusts to $489K; the $469K estimate above is the median of all 11 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 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.

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
$415KGreat deal$529KOverpriced

Total price vs nearby homes. Fair value about $469K, median of 11 comparables.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$408kavg asking

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

702-115 Blue Jays Way$400k1216-11 Brunel Court$435k3501-8 Widmer Street$388k1216-19 Bathurst Street$449k220-169 Fort York Boulevard$369k

The 5 closest of 8 active listings nearby.

See all comparable homes
415kThis home400k435k388k449k369kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $489K
$1,663this home / sqft
12active listings nearby
26days on market

This home lists 14% below the area average of $1,944/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 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.

Waterfront Communities C8
$1.19M
Church-Yonge Corridor
$577K
Annex
$1.57M
Mimico
$800K
Banbury-Don Mills
$500K

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
$1,891/mo
$91KIncome needed
4.6×Price ÷ income
$436Weekly 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 $1,891Property tax $226Condo fee $420Total carry $2,537

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,772per month

Mortgage amount $332,000 · 4.14% over 25 years

$83,000Down payment (20.0%)
$332,000Loan before insurance
$0CMHC premium
$2,417Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,772
Property tax
$226
Condo / maintenance fees
$420
Heating
$0
Estimated monthly cost
$2,417

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

One-time closing costs

Ontario land transfer tax
$4,775
Toronto municipal land transfer tax
$4,775
Estimated closing costs
$9,550

Plus your down payment of $83,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,152/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

$199,503Total interest paid
$531,503Total of all payments
Principal $332,000 Interest $199,503
YearPrincipalInterestBalance
1$7,778$13,482$324,222
2$8,103$13,157$316,119
3$8,442$12,818$307,678
4$8,795$12,465$298,883
5$9,163$12,097$289,720
6$9,546$11,714$280,174
7$9,945$11,315$270,228
8$10,361$10,899$259,867
9$10,795$10,465$249,072
10$11,246$10,014$237,826
11$11,717$9,543$226,109
12$12,207$9,053$213,902
13$12,717$8,543$201,184
14$13,249$8,011$187,935
15$13,804$7,456$174,131
16$14,381$6,879$159,750
17$14,983$6,278$144,768
18$15,609$5,651$129,158
19$16,262$4,998$112,896
20$16,942$4,318$95,954
21$17,651$3,609$78,303
22$18,389$2,871$59,913
23$19,159$2,102$40,755
24$19,960$1,300$20,795
25$20,795$465$0

At the end of your 5-year term

Total paid over the term
$106,301
Principal paid down
$42,280
Interest paid
$64,020
Balance remaining
$289,720

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$2,300/mo
$27,600Gross annual rent
3.9%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.

6.7%
Gross yield
− Property tax $2,707− Condo fees $5,042− Insurance $600− Vacancy & upkeep $3,036Net operating income $16,215

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

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