508-215 Fort York Boulevard, Toronto, ON

Niagara, Toronto · MLS® C13477588

$800,000
For Sale
Listed 29 days ago
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3Bedrooms
2Bathrooms
1Parking
900-999Sq Ft

About this home

Gorgeous, with a beautiful layout, one of the best in the building spacious 2+1 Bedroom, 2 Bathroom unit with premium extra large parking spot! Condo amenities include: 24 hours concierge, a pair of party rooms, guest suites, a rooftop terrace, an indoor pool and a well equipped gym, all within a well managed, established community. Step outside to the waterfront, Martin Goodman Trail, parks, gyms, cafes, and transit, with seamless access to King West, the Financial District, and Billy Bishop Airport.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13477588
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
900-999
Cross streets
Lake Shore Blvd.W/Strachan Ave.
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$921/mo
Exposure
South West
Property tax
$3,620 / 2025
Days on market
29
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Primary BedroomFlat4.69 × 2.93 m

hardwood floor · 4 pc ensuite · window

Bedroom 2Flat3.05 × 2.71 m

hardwood floor · large closet

DenFlat3.51 × 2.13 m

hardwood floor · window · open concept

Living RoomFlat4.36 × 3.32 m

hardwood floor · combined w/dining · w/o to balcony

KitchenFlat3.17 × 2.13 m

hardwood floor · open concept · centre island

Dining RoomFlat3.11 × 3.11 m

hardwood floor · combined w/living · window

Moe’s TakeTeam Asgarian · Broker
In line
$847Kest. value

Listed at $800,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

In Niagara lately, sellers have been getting about 96% of asking and homes sell in about 39 days.

Based on 95 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 95 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $688K, a bit lower.

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, sold for $1.10M
  • Adjusts to $1.10M

That comparable adjusts to $1.10M; the $847K estimate above is the median of all 95 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

Its public catchment (The Waterfront School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$790KGreat deal$917KOverpriced

Total price vs nearby homes. Fair value about $847K, median of 95 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. Weigh carefully
Comparable listingsCurrently listed nearby in Niagara · asking prices
$843kavg asking

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

711-628 Fleet Street$809k701-85 East Liberty Street$799k902-9 Tecumseth Street$879k1170-209 Fort York Boulevard$888k1910-125 Western Battery Road$840k

The 5 closest of 8 active listings nearby.

See all comparable homes
800kThis home809k799k879k888k840kThis home vs active comparables
Live market pulseActive comparables in Niagara · median list $749K
$843this home / sqft
31active listings nearby
29days on market
100sold nearby · 90 days
$702Kmedian sold price
96%of asking, on average

This home lists 2% below the area average of $856/sqft.

28 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

Niagara, 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.

Waterfront Communities C1
$652K
Bay Street Corridor
$471K
Waterfront Communities C8
$719K
Church-Yonge Corridor
$627K
Moss Park
$519K

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 The Waterfront School
74%
The Waterfront SchoolPublic · Elementary · 0.6 km awayAround the GTA average · 74% meet the provincial standard

Affordability & Mortgage

Affordability
$3,646/mo
$169KIncome needed
4.7×Price ÷ income
$841Weekly 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 $3,646Property tax $302Condo fee $921Total carry $4,868

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,415per month

Mortgage amount $640,000 · 4.14% over 25 years

$160,000Down payment (20.0%)
$640,000Loan before insurance
$0CMHC premium
$4,638Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,415
Property tax
$302
Condo / maintenance fees
$921
Heating
$0
Estimated monthly cost
$4,638

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

One-time closing costs

Ontario land transfer tax
$12,475
Toronto municipal land transfer tax
$12,475
Estimated closing costs
$24,950

Plus your down payment of $160,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,148/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

$384,583Total interest paid
$1,024,583Total of all payments
Principal $640,000 Interest $384,583
YearPrincipalInterestBalance
1$14,993$25,990$625,007
2$15,620$25,363$609,387
3$16,273$24,710$593,113
4$16,954$24,029$576,159
5$17,663$23,320$558,496
6$18,402$22,581$540,094
7$19,172$21,811$520,922
8$19,974$21,009$500,948
9$20,809$20,174$480,139
10$21,680$19,304$458,459
11$22,587$18,397$435,872
12$23,531$17,452$412,341
13$24,516$16,468$387,825
14$25,541$15,442$362,284
15$26,609$14,374$335,675
16$27,722$13,261$307,952
17$28,882$12,101$279,070
18$30,090$10,893$248,980
19$31,349$9,635$217,631
20$32,660$8,323$184,971
21$34,026$6,957$150,945
22$35,449$5,534$115,496
23$36,932$4,051$78,564
24$38,477$2,506$40,086
25$40,086$897$0

At the end of your 5-year term

Total paid over the term
$204,917
Principal paid down
$81,504
Interest paid
$123,413
Balance remaining
$558,496

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$3,050/mo
$36,600Gross annual rent
2.2%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.

4.6%
Gross yield
− Property tax $3,620− Condo fees $11,046− Insurance $600− Vacancy & upkeep $4,026Net operating income $17,308

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

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