7-11 Niagara Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13546076

$3,950/mo
For Lease
Listed 13 days ago
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2Bedrooms
1Bathrooms
1Garage
1000-1199Sq Ft

About this home

Sought-after Portland Park Village complex, located in King West Village, directly across from Memorial Square Park. Enjoy being steps to the Lake, downtown, restaurants and public transit. Fabulous multi-level townhouse with rare inside entry to the garage. Approximately 1039 square feet above ground. You will appreciate the approximate 200 square foot rooftop terrace with gas BBQ hook up this summer. A super open concept plan on the main living level, with charming Juliette Balcony with French doors, is perfect for entertaining. Hardwood flooring on the main and upper level. Renovated Kitchen with glass tile backsplash and granite counters. The Primary Bedroom enjoys built-in closet organizers and the semi-ensuite 4-pc Bathroom. Second well-sized Bedroom. Easy access to the Fitness Room & Rec Room at 550 Front St. Convenient additional Green Parking for your guests attached to the complex. Property is vacant. Pictures are from a previous listing. Freshly painted.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
C13546076
Bedrooms
2
Bathrooms
1
Size
1000-1199
Cross streets
King & Portland
Parking
1 garage (built-in)
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Exposure
East West
Days on market
13
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

BathroomThird0.00 × 0.00 m

4 pc bath · semi ensuite

OtherBasement4.09 × 2.69 m

W/O To Garage

Bedroom 2Third3.30 × 3.38 m

Hardwood Floor

Dining RoomSecond4.50 × 2.95 m

hardwood floor · open concept

OtherUpper6.88 × 4.17 m

W/O To Roof

KitchenSecond4.80 × 3.45 m

granite counters · hardwood floor · renovated

Living RoomSecond6.02 × 4.50 m

hardwood floor · juliette balcony · open concept

Primary BedroomThird5.77 × 4.47 m

Hardwood Floor

Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,371/moest. value

Listed at $3,950/mo, this rental is about 17% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Waterfront Communities C1 lately, landlords have been getting about 99% of asking and homes lease in about 22 days.

There were not many closely comparable homes right in Waterfront Communities C1, so I widened the search to the surrounding area.

Based on 59 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 59 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

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, leased for $3,400/mo
  • Bedrooms −$150/mo
  • Bathrooms −$100/mo
  • Adjusts to $3,150/mo

That comparable adjusts to $3,150/mo; the $3,371/mo estimate above is the median of all 59 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

The assigned public school is City School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$3,126/moBelow market$3,950/moAbove market

Total price vs nearby homes. Fair value about $3,371/mo, median of 59 comparables.

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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$2,867avg asking

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

67 Birdstone Crescent$3,40029-189 Galloway Road$2,70090-6429 Finch Avenue$2,500

The 3 closest active listings nearby.

See all comparable homes
3,950This home3,4002,7002,500This home vs active comparables
Live market pulseActive comparables in Toronto · median list $3K
49active listings nearby
13days on market
87leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

6 days longer than the Toronto average (7 days).

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.

South Riverdale
$3K
High Park-Swansea
$3K
Mount Pleasant West
$3K
New Toronto
$3K
Willowdale East
$4K

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 Ryerson Community School
52%
Ryerson Community SchoolPublic · Elementary · 1.0 km awayBelow the GTA average · 52% meet the provincial standard
ALPHA Alternative Junior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$18/mo
$5KIncome needed
0.9×Price ÷ income
$4Weekly 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.

88%mortgage
Mortgage $18Property tax $2Total carry $20

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)
$17per month

Mortgage amount $3,160 · 4.14% over 25 years

$790Down payment (20.0%)
$3,160Loan before insurance
$0CMHC premium
$19Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$19

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

One-time closing costs

Ontario land transfer tax
$20
Toronto municipal land transfer tax
$20
Estimated closing costs
$40

Plus your down payment of $790. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$20/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

$1,899Total interest paid
$5,059Total of all payments
Principal $3,160 Interest $1,899
YearPrincipalInterestBalance
1$74$128$3,086
2$77$125$3,009
3$80$122$2,928
4$84$119$2,845
5$87$115$2,758
6$91$111$2,667
7$95$108$2,572
8$99$104$2,473
9$103$100$2,371
10$107$95$2,264
11$112$91$2,152
12$116$86$2,036
13$121$81$1,915
14$126$76$1,789
15$131$71$1,657
16$137$65$1,521
17$143$60$1,378
18$149$54$1,229
19$155$48$1,075
20$161$41$913
21$168$34$745
22$175$27$570
23$182$20$388
24$190$12$198
25$198$4$0

At the end of your 5-year term

Total paid over the term
$1,012
Principal paid down
$402
Interest paid
$609
Balance remaining
$2,758

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.

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

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