2909-38 Widmer Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13516190

$498,000
For Sale
Listed 20 days ago
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1Bedrooms
1Bathrooms
0Parking
0-499Sq Ft

About this home

Perfectly located in Toronto's Entertainment District and Tech Hub, this elegant 1-Bedroom, 1-Bath suite is just a 5-10 minute walk to Subway Stations, Transit, Dining, Cafés, and Shops. The modern kitchen showcases Top Of The Line Built-in Miele Appliances and Blum Cabinetry Hardware. The home is further Upgraded with Built-In Closet Organization Systems for maximum functionality and efficient use of space. The Spa-Inspired Bathroom features High-End Kohler and Grohe Fixtures, reflecting exceptional craftsmanship throughout. Floor-To-Ceiling Windows fill the suite with natural light, creating a bright and open layout. High-Tech residential Amenities including 100% WiFi in common areas, Indoor/Outdoor Pools, Fully Equipment Gym, Outdoor theatre, Conference Rooms, EV Parking, and Refrigerated Parcel Storage. Close to Toronto's premier dining, Queen Street shopping, and the University of Toronto. Located in Toronto's Tech Hub and Entertainment District- Just minutes from major landmarks including the CN Tower, Rogers Centre, Scotiabank Arena, Ripley's Aquarium, the PATH system, Union Station. - Just minutes from Supermarket, Dollarama....

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13516190
Bedrooms
1
Bathrooms
1
Size
0-499
Cross streets
Adelaide & John
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$381/mo
Exposure
West
Property tax
$3,307 / 2026
Days on market
20
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

BedroomMain3.30 × 3.70 m

closet organizers · double closet · window floor to ceiling

KitchenMain2.90 × 3.07 m

combined w/dining · open concept · b/i appliances

Dining RoomMain2.90 × 3.07 m

combined w/kitchen · laminate · w/o to balcony

Living RoomMain2.90 × 3.07 m

combined w/dining · laminate · w/o to balcony

Our TakeTeam Asgarian · Broker
In line
$532Kest. value

Listed at $498,000, and my independent estimate is right in line with comparable homes.

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

List price
$448KGreat deal$547KOverpriced

Total price vs nearby homes. Fair value about $532K, median of 18 comparables.

How this estimate is builtthe short version

I take the 18 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 $490K, a close match.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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.

Based on 18 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$498kavg asking

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

3702-88 Harbour Street$499k3210-375 King Street$499k2206-65 Bremner Boulevard$489k1712-10 Queens Quay$485k1007-55 Mercer Street$518k

The 5 closest of 8 active listings nearby.

See all comparable homes
498kThis home499k499k489k485k518kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $499K
$1,996this home / sqft
12active listings nearby
20days on market
100sold nearby · 90 days
$591Kmedian sold price
96%of asking, on average

This home lists 2% below the area average of $2,035/sqft.

19 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.

Church-Yonge Corridor
$587K
Bay Street Corridor
$560K
Niagara
$572K
Moss Park
$490K
Mimico
$541K

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

Affordability & Mortgage

Affordability
$2,270/mo
$106KIncome needed
4.7×Price ÷ income
$524Weekly 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.

78%mortgage
Mortgage $2,270Property tax $276Condo fee $381Total carry $2,927

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)
$2,126per month

Mortgage amount $398,400 · 4.14% over 25 years

$99,600Down payment (20.0%)
$398,400Loan before insurance
$0CMHC premium
$2,783Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,126
Property tax
$276
Condo / maintenance fees
$381
Heating
$0
Estimated monthly cost
$2,783

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

One-time closing costs

Ontario land transfer tax
$6,435
Toronto municipal land transfer tax
$6,435
Estimated closing costs
$12,870

Plus your down payment of $99,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,582/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

$239,403Total interest paid
$637,803Total of all payments
Principal $398,400 Interest $239,403
YearPrincipalInterestBalance
1$9,333$16,179$389,067
2$9,724$15,789$379,343
3$10,130$15,382$369,213
4$10,554$14,958$358,659
5$10,995$14,517$347,664
6$11,455$14,057$336,208
7$11,935$13,578$324,274
8$12,434$13,078$311,840
9$12,954$12,558$298,886
10$13,496$12,016$285,391
11$14,060$11,452$271,330
12$14,648$10,864$256,682
13$15,261$10,251$241,421
14$15,899$9,613$225,522
15$16,564$8,948$208,958
16$17,257$8,255$191,700
17$17,979$7,533$173,721
18$18,731$6,781$154,990
19$19,515$5,998$135,475
20$20,331$5,181$115,145
21$21,181$4,331$93,963
22$22,067$3,445$71,896
23$22,990$2,522$48,906
24$23,952$1,560$24,954
25$24,954$558$0

At the end of your 5-year term

Total paid over the term
$127,561
Principal paid down
$50,736
Interest paid
$76,824
Balance remaining
$347,664

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
3.2%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.

5.5%
Gross yield
− Property tax $3,307− Condo fees $4,577− Insurance $600− Vacancy & upkeep $3,036Net operating income $16,080

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

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