5601-55 Cooper Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13525018

$980,000
For Sale
Listed 17 days ago
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Luxurious Sugar Wharf West Tower by Menkes. Spacious & Bright 773 Sqft 2 Bedrooms With 2 Baths Unit + 331 Sqft Corner Wrapped Balcony With Lake view and CN tower City view. Master Bedroom With Ensuite Bathroom And W/O To Balcony. Laminate Throughout Entire Unit. Freshly Painted. Model Design Kitchen With High-end Appliances. Walking Distance To Union Station, Park, Harbor Front, St Lawrence Market, Cn Tower, George Brown College, Beach, Financial Area And More. Must See! 1 Parking & 1 Locker included!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13525018
Bedrooms
2
Bathrooms
2
Size
700-799
Cross streets
Yonge St. /Lake Shored Blvd. E.
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$854/mo
Exposure
North West
Property tax
$4,959 / 2026
Days on market
17
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Bedroom 2Flat9.58 × 10.20 m

laminate · window floor to ceiling · double closet

KitchenFlat17.91 × 13.12 m

modern kitchen · quartz counter · b/i appliances

Primary BedroomFlat9.58 × 8.60 m

laminate · w/o to balcony · double closet

Dining RoomFlat17.91 × 13.12 m

laminate · combined w/living · window floor to ceiling

Living RoomFlat17.91 × 13.12 m

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

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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.

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.

  • Primary suite: a key comfort and resale feature. Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C8 · asking prices
$807kavg asking

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

523-155 Merchants' Wharf$899k436-39 Queens Quay$759k615-55 Merchants' Wharf$830k201-15 Merchants' Wharf$818k302-39 Queens Quay$730k

The 5 closest of 8 active listings nearby.

See all comparable homes
980kThis home899k759k830k818k730kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $619K
$1,308this home / sqft
53active listings nearby
17days on market
100sold nearby · 90 days
$603Kmedian sold price
96%of asking, on average

This home lists 39% above the area average of $940/sqft.

16 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
$552K
Church-Yonge Corridor
$561K
Waterfront Communities C1
$593K
Bay Street Corridor
$506K
Niagara
$553K

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
$4,467/mo
$203KIncome needed
4.8×Price ÷ income
$1,031Weekly 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 $4,467Property tax $413Condo fee $854Total carry $5,734

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)
$4,184per month

Mortgage amount $784,000 · 4.14% over 25 years

$196,000Down payment (20.0%)
$784,000Loan before insurance
$0CMHC premium
$5,451Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,184
Property tax
$413
Condo / maintenance fees
$854
Heating
$0
Estimated monthly cost
$5,451

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

One-time closing costs

Ontario land transfer tax
$16,075
Toronto municipal land transfer tax
$16,075
Estimated closing costs
$32,150

Plus your down payment of $196,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,082/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

$471,114Total interest paid
$1,255,114Total of all payments
Principal $784,000 Interest $471,114
YearPrincipalInterestBalance
1$18,366$31,838$765,634
2$19,135$31,070$746,499
3$19,935$30,270$726,564
4$20,769$29,436$705,795
5$21,638$28,567$684,157
6$22,543$27,662$661,615
7$23,486$26,719$638,129
8$24,468$25,737$613,661
9$25,491$24,713$588,170
10$26,558$23,647$561,612
11$27,669$22,536$533,943
12$28,826$21,379$505,118
13$30,032$20,173$475,086
14$31,288$18,917$443,798
15$32,597$17,608$411,202
16$33,960$16,245$377,242
17$35,381$14,824$341,861
18$36,860$13,344$305,001
19$38,402$11,802$266,598
20$40,009$10,196$226,590
21$41,682$8,523$184,908
22$43,426$6,779$141,482
23$45,242$4,963$96,240
24$47,134$3,070$49,106
25$49,106$1,099$0

At the end of your 5-year term

Total paid over the term
$251,023
Principal paid down
$99,843
Interest paid
$151,180
Balance remaining
$684,157

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$2,400/mo
$28,800Gross annual rent
1.0%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.

2.9%
Gross yield
− Property tax $4,959− Condo fees $10,248− Insurance $600− Vacancy & upkeep $3,168Net operating income $9,824

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

CallRequest a showing