1102-5 Mariner Terrace, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13542896

$4,400/mo
For Lease
Listed 14 days ago
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3Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Welcome to elevated waterfront living at 5 Mariner Terrace. Experience the perfect blend of luxury, comfort, and convenience in this spectacular 2-bedroom plus den, 2 full bathroom condominium, ideally situated in one of Toronto's most sought-after waterfront communities. Bathed in natural light, this beautifully appointed suite offers a spacious, thoughtfully designed layout with generous principal rooms, creating an inviting atmosphere for both everyday living and effortless entertaining. The versatile den is ideal as a home office, guest room, or cozy reading retreat, adapting perfectly to today's lifestyle.Wake up to breathtaking views of Lake Ontario and unwind each evening with the sparkling Toronto skyline as your backdrop. Expansive floor-to-ceiling windows flood the home with natural light while showcasing spectacular panoramic vistas from every angle.The modern kitchen features ample cabinetry and workspace, seamlessly flowing into the open-concept living and dining areas perfect for entertaining family and friends. The spacious primary bedroom offers excellent closet space and a private ensuite, while the generously sized second bedroom is conveniently located adjacent to the second full bathroom.Perfectly positioned in the heart of Toronto's vibrant waterfront, you'll be just steps from Harbourfront, the Martin Goodman Trail, waterfront parks, marinas, cafés, restaurants, grocery stores, TTC, Union Station, the Financial District, Rogers Centre, Scotiabank Arena, the CN Tower, The Well, and the Entertainment District. With quick access to the Gardiner Expressway, commuting throughout the GTA is effortless.Residents enjoy an impressive collection of premium building amenities, enhancing an exceptional urban lifestyle in one of the city's most desirable locations.An outstanding opportunity to lease a stunning waterfront residence offering breathtaking lake and city views, an exceptional floor plan, and an unbeatable downtown location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13542896
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1200-1399
Cross streets
Spadina/Bremner
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
South East
Days on market
14
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Primary BedroomFlat3.84 × 3.24 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Dining RoomFlat6.55 × 6.24 m

hardwood floor · combined w/living · w/o to balcony

KitchenFlat6.24 × 2.70 m

breakfast bar · stainless steel appl · granite counters

Living RoomFlat6.55 × 6.24 m

window floor to ceiling · combined w/dining · south view

DenFlat2.73 × 2.13 m

hardwood floor · french doors · separate room

Bedroom 2Flat5.13 × 2.76 m

window floor to ceiling · closet organizers · window floor to ceiling

Our TakeTeam Asgarian · Broker
Above comparables
$4,163/moest. value

Listed at $4,400/mo, and my independent estimate is about 6% above what comparable rentals suggest.

In Waterfront Communities C1 lately, landlords get about 100% of asking; homes lease in ~16 days.

List price
$4,137/moBelow market$4,400/moAbove market

Total price vs nearby homes. Fair value about $4,163/mo, median of 12 comparables.

How this estimate is builtthe short version

I take the 12 most comparable recent leases 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 lease prices, not asking prices. Lot, condition, and finishes are my in-person call.

What the listing highlights1 point to weigh

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

  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Jean Lumb 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 12 comparable rentals that recently leased nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$4,569avg asking

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

306-477 Richmond Street$3,8502803-199 Richmond Street$4,3001708-126 Simcoe Street$4,700808-400 King Street$4,9956205-1 Concord Cityplace Way$5,000

The 5 closest of 6 active listings nearby.

See all comparable homes
4,400This home3,8504,3004,7004,9955,000This home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $4K
12active listings nearby
14days on market
100leased nearby · 90 days
$3Kmedian leased price
100%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

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.

Niagara
$3K
Waterfront Communities C8
$3K
Bay Street Corridor
$3K
Moss Park
$2K
Church-Yonge Corridor
$3K

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 Jean Lumb Public School
73%
Jean Lumb Public SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 73% meet the provincial standard

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

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