6008-55 Cooper Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13522240

$599,900
For Sale
Listed 19 days ago
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1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Experience elevated waterfront living in Suite 6008 at Sugar Wharf Condominiums by Menkes. Perched on the 60th floor, this beautifully designed 1-bedroom suite features breathtaking south-facing views of Lake Ontario, floor-to-ceiling windows, and a rare extended balcony that offers exceptional outdoor living with stunning lake and city views. The open-concept layout is complemented by contemporary finishes, including laminate flooring, quartz countertops, and integrated appliances. Enjoy premium amenities including a fitness centre, yoga studio, indoor lap pool, co-working spaces, entertainment lounges, guest suites, and a rooftop terrace. Bell high-speed Internet and Unity Fitness membership are included. Ideally located just steps to Sugar Beach, Farm Boy, LCBO, Loblaws, Union Station, the Financial District, waterfront trails, restaurants, and the future PATH extension. An exceptional opportunity to enjoy luxury waterfront living in one of Toronto's most sought-after communities.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C13522240
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Lake Shore Blvd e & Cooper St
Parking
0 parking
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$494/mo
Exposure
South
Property tax
$2,918 / 2025
Days on market
19
Listing brokerage
ROYAL LEPAGE WOLLE REALTY
Our TakeTeam Asgarian · Broker
Above comparables
$512Kest. value

Listed at $599,900, and my independent estimate is about 17% above what comparable homes suggest.

In Waterfront Communities C8 lately, sellers get about 96% of asking; homes sell in ~34 days.

List price
$496KGreat deal$600KOverpriced

Total price vs nearby homes. Fair value about $512K, median of 9 comparables.

How this estimate is builtthe short version

I take the 9 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 $468K, a close match.

What the listing highlights2 points to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Queen Alexandra Middle 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 9 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C8 · asking prices
$578kavg asking

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

516-60 Tannery Road$513k1805-35 Parliament Street$539k706-25 The Esplanade$560k513-35 Parliament Street$605k2802-35 Parliament Street$675k

The 5 closest active listings nearby.

See all comparable homes
600kThis home513k539k560k605k675kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $560K
$1,092this home / sqft
5active listings nearby
19days on market
100sold nearby · 90 days
$603Kmedian sold price
96%of asking, on average

This home lists 15% above the area average of $949/sqft.

18 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 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
$499K
Church-Yonge Corridor
$578K
Waterfront Communities C1
$604K
Bay Street Corridor
$495K
Niagara
$572K

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 Dundas Junior Public School
59%
Dundas Junior Public SchoolPublic · Elementary · 2.7 km awayBelow the GTA average · 59% meet the provincial standard

Affordability & Mortgage

Affordability
$2,734/mo
$125KIncome needed
4.8×Price ÷ income
$631Weekly 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.

79%mortgage
Mortgage $2,734Property tax $243Condo fee $494Total carry $3,471

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)
$2,561per month

Mortgage amount $479,920 · 4.14% over 25 years

$119,980Down payment (20.0%)
$479,920Loan before insurance
$0CMHC premium
$3,298Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,561
Property tax
$243
Condo / maintenance fees
$494
Heating
$0
Estimated monthly cost
$3,298

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

One-time closing costs

Ontario land transfer tax
$8,473
Toronto municipal land transfer tax
$8,473
Estimated closing costs
$16,946

Plus your down payment of $119,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,111/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

$288,389Total interest paid
$768,309Total of all payments
Principal $479,920 Interest $288,389
YearPrincipalInterestBalance
1$11,243$19,490$468,677
2$11,713$19,019$456,964
3$12,203$18,529$444,761
4$12,714$18,019$432,047
5$13,245$17,487$418,802
6$13,799$16,933$405,003
7$14,377$16,356$390,626
8$14,978$15,754$375,648
9$15,604$15,128$360,044
10$16,257$14,475$343,787
11$16,937$13,795$326,850
12$17,646$13,087$309,204
13$18,384$12,349$290,820
14$19,153$11,580$271,668
15$19,954$10,779$251,714
16$20,788$9,944$230,926
17$21,658$9,074$209,268
18$22,564$8,169$186,704
19$23,508$7,225$163,196
20$24,491$6,241$138,705
21$25,515$5,217$113,190
22$26,583$4,150$86,607
23$27,695$3,038$58,913
24$28,853$1,879$30,060
25$30,060$673$0

At the end of your 5-year term

Total paid over the term
$153,662
Principal paid down
$61,118
Interest paid
$92,544
Balance remaining
$418,802

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$1,700/mo
$20,400Gross 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.

3.4%
Gross yield
− Property tax $2,918− Condo fees $5,926− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,712

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

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