426-30 Nelson Street, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C13524752
About this home
Do not miss this immediate possession 641 square-feet 1 bedroom + 1 den condo plus a balcony and one locker at the heart of the Financial District and the Entertainment District in the Downtown Toronto, and minutes to the Osgoode and the St. Andrew Subway Stations on the University Avenue. The condo is located close to the University of Toronto (St. George Downtown Campus), the OCAD University, schools, downtown hospitals, and restaurants. Groceries can be found at Rabba Fine Foods near the corner, Tim Horton is nearby, Rexall is at the next corner, Shangri-La Hotel is steps away, Canadian Tire and Eaton Centre are within walking distance. Neighborhood is Queen West and nearby neighborhoods include the Core, the Queen's Park, the Grange Park, the Chinatown, and the City Place. Lived by the owner since the condo was built. The den can hold a single/ twin/ bunk bed or can be used as a study room. Condo unit upgrades include ceilings, kitchen backsplash, kitchen countertop, and custom quality windows curtains. Modern kitchen with top-of-the-line appliances including ensuite Bloomberg front load washer and dryer, cabinets, high-end Miele built-in appliances including refrigerator/ freezer, stove/cooktop, dishwasher, oven, and a range hood. Easy access to elevators and quick walkable up and down stairs between the condo unit and ground level. Level 6 common areas include the state-of-the-art gymnasium, yoga room, sauna rooms, lounge, dining room w/kitchen, media/ party rooms, billiard room, a rooftop terrace with BBQ, seating areas, and an outdoor hot tub, and Level 3 common areas include rooftop gardens. Premium amenities include 24/7 security/concierge, security system, lobby areas, locker room, bike storage, parcel port smart lockers, fiber stream Internet, guest suites, and pay visitor parking.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13524752
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 1
- Size
- 600-699
- Cross streets
- University & Richmond
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Maintenance
- $628/mo
- Exposure
- North
- Property tax
- $3,077 / 2025
- Days on market
- 17
- Listing brokerage
- ONE PERCENT REALTY LTD.
Rooms
open concept · backsplash
large closet · laminate
Tile Floor
combined w/living · w/o to balcony · large window
laminate · window
combined w/dining · w/o to balcony · laminate
Listed at $585,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
In Waterfront Communities C1 lately, sellers have been getting about 96% of asking and homes sell in about 35 days.
Based on 6 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 6 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $560K, 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, sold for $565K
- Adjusts to $565K
That comparable adjusts to $565K; the $574K estimate above is the median of all 6 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.
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.
Total price vs nearby homes. Fair value about $574K, median of 6 comparables.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 5% below the area average of $947/sqft.
16 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Waterfront Communities C1, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $468,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,497
- Property tax
- $256
- Condo / maintenance fees
- $628
- Heating
- $0
- Estimated monthly cost
- $3,382
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,175
- Toronto municipal land transfer tax
- $8,175
- Estimated closing costs
- $16,350
Plus your down payment of $117,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $149,845
- Principal paid down
- $59,600
- Interest paid
- $90,245
- Balance remaining
- $408,400
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ONE PERCENT REALTY LTD.. MLS®/PropTx.