5811-55 Cooper Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13535592

$1,780,000
For Sale
Listed 15 days ago
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3Bedrooms
3Bathrooms
1Garage
1200-1399Sq Ft
6 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Enjoy Unbelieeevable Million Dollar Views Facing the South West Corner at Sugar Wharf Condominiums! This 3 Bed, 3 bath, located on the 58rd floor offers over 1273 sq. ft of interior space along with an expansive 444 sq. ft wraparound balcony. This unit is the epitome of luxury, Lots of Upgrade! Big Island With Wine Fridge,New Curtains, New lights, New Closet Organizer. downtown living. Just steps from Sugar Beach, shops, restaurants, and transit, with direct access to the future PATH and future TDSB school. **EXTRAS** New Stainless Steele Appliances: Stove, Fridge, Microwave, Dishwasher. Washer & Dryer. Upgrade Kitchen Island & Blinds & Lights & Closet & Wine Fridge, Include One Parking & Storage Locker.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13535592
Bedrooms
3
Bathrooms
3
Size
1200-1399
Cross streets
Yonge And Lakeshore Blvd E.
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$1,242/mo
Exposure
South West
Property tax
$7,458 / 2025
Days on market
15
Listing brokerage
JDL REALTY INC.

Rooms

Dining RoomMain7.01 × 10.30 m

open concept · combined w/living · laminate

Bedroom 2Main3.08 × 3.28 m

window floor to ceiling · w/o to balcony · ensuite bath

Living RoomMain7.01 × 10.30 m

window floor to ceiling · combined w/dining · laminate

Primary BedroomMain3.58 × 3.05 m

window floor to ceiling · walk-in closet(s) · ensuite bath

KitchenMain7.01 × 10.30 m

open concept · stainless steel appl · modern kitchen

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.

On location, this is a very walkable address with everyday errands close by. Lake Shore Boulevard East is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Comparable listingsCurrently listed nearby in Waterfront Communities C8 · asking prices
$1.57Mavg asking

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

324-55 Merchants' Wharf Street$1.70M815-39 Queens Quay$1.89M7112-55 Cooper Street$899k3304-35 Parliament Street$2.07M832-155 Merchants' Wharf$1.30M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.78MThis home1.70M1.89M899k2.07M1.30MThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $960K
$1,370this home / sqft
23active listings nearby
15days on market
100sold nearby · 90 days
$669Kmedian sold price
97%of asking, on average

14 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.

Getting around

93/ 100

Walker's ParadiseA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from OpenStreetMap contributors.

Most daily errands can be done on foot.

🚉 Nearest transit: Lake Shore Boulevard East, about 191 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Moss Park
$519K
Church-Yonge Corridor
$561K
Bay Street Corridor
$471K
Waterfront Communities C1
$593K
Mimico
$598K

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
$8,113/mo
$355KIncome needed
5.0×Price ÷ income
$1,872Weekly 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.

81%mortgage
Mortgage $8,113Property tax $622Condo fee $1,242Total carry $9,976

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$7,599per month

Mortgage amount $1,424,000 · 4.14% over 25 years

$356,000Down payment (20.0%)
$1,424,000Loan before insurance
$0CMHC premium
$9,462Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,599
Property tax
$622
Condo / maintenance fees
$1,242
Heating
$0
Estimated monthly cost
$9,462

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

One-time closing costs

Ontario land transfer tax
$32,075
Toronto municipal land transfer tax
$32,075
Estimated closing costs
$64,150

Plus your down payment of $356,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,230/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

$855,698Total interest paid
$2,279,698Total of all payments
Principal $1,424,000 Interest $855,698
YearPrincipalInterestBalance
1$33,359$57,829$1,390,641
2$34,755$56,433$1,355,886
3$36,209$54,979$1,319,677
4$37,723$53,465$1,281,954
5$39,301$51,887$1,242,653
6$40,945$50,243$1,201,708
7$42,658$48,530$1,159,051
8$44,442$46,746$1,114,609
9$46,301$44,887$1,068,308
10$48,237$42,950$1,020,071
11$50,255$40,933$969,816
12$52,357$38,831$917,458
13$54,547$36,641$862,911
14$56,829$34,359$806,082
15$59,206$31,982$746,876
16$61,682$29,505$685,194
17$64,263$26,925$620,931
18$66,951$24,237$553,981
19$69,751$21,437$484,230
20$72,669$18,519$411,561
21$75,708$15,480$335,853
22$78,875$12,313$256,978
23$82,174$9,014$174,804
24$85,611$5,577$89,192
25$89,192$1,996$0

At the end of your 5-year term

Total paid over the term
$455,940
Principal paid down
$181,347
Interest paid
$274,593
Balance remaining
$1,242,653

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$4,100/mo
$49,200Gross annual rent
1.2%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.

2.8%
Gross yield
− Property tax $7,458− Condo fees $14,904− Insurance $600− Vacancy & upkeep $5,412Net operating income $20,826

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

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