625-12 Bonnycastle Street, Toronto, ON
Waterfront Communities C8, Toronto · MLS® C13553760
About this home
Welcome to Monde Condos by Great Gulf, where waterfront living meets downtown convenience and your weekend plans practically make themselves. This stylish 1-bedroom suite offers approximately 600-699 sq. ft. of thoughtfully designed living space, featuring soaring 9' ceilings, wide-plank hardwood floors, floor-to-ceiling windows, and a bright open-concept layout that feels larger than the numbers suggest. The modern kitchen is equipped with sleek cabinetry, stone counters, integrated appliances, and south-facing lake views that add a little extra inspiration to your morning coffee. Unlike many traditional layouts, the bedroom is intelligently positioned toward the centre of the suite and features a sliding glass door, generous closet space, and access to natural light. By relocating the bedroom from the exterior wall, the design maximizes what today's buyers value most: larger, brighter, and more functional living and entertaining spaces filled with natural sunlight. The spacious living and dining area opens to a private balcony, creating the perfect spot to unwind after a long day, enjoy summer evenings, or simply watch the waterfront neighbourhood continue to evolve. Included is an owned locker because extra storage is never out of style.Located in Toronto's rapidly transforming East Waterfront community, you're steps to Sugar Beach, waterfront trails, George Brown College, St. Lawrence Market, the Distillery District, transit, dining, and everyday essentials. Residents enjoy world-class amenities including a rooftop pool, concierge, fitness centre, party room, business centre, and outdoor terrace. With lake views from the kitchen, luxury finishes throughout, and a location that puts the best of Toronto at your doorstep, this suite offers the perfect blend of lifestyle, convenience, and value.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13553760
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 600-699
- Cross streets
- E. Lower Sherbourne St. & N. Queens Quay E.
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $512/mo
- Exposure
- South West
- Property tax
- $2,570 / 2026
- Days on market
- 11
- Listing brokerage
- EXP REALTY
Rooms
hardwood floor · sliding doors · closet
hardwood floor · eat-in kitchen · sw view
hardwood floor · combined w/living · west view
hardwood floor · combined w/dining · b/i shelves
hardwood floor · open concept · double closet
Listed at $499,900, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
In Waterfront Communities C8 lately, sellers have been getting about 96% of asking and homes sell in about 32 days.
Based on 73 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 73 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $452K, a bit lower.
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 $531K
- Bedrooms −$17K
- Adjusts to $515K
That comparable adjusts to $515K; the $538K estimate above is the median of all 73 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 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.
Total price vs nearby homes. Fair value about $538K, median of 73 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 19% below the area average of $947/sqft.
10 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Waterfront Communities C8, 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 $399,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,134
- Property tax
- $214
- Condo / maintenance fees
- $512
- Heating
- $0
- Estimated monthly cost
- $2,860
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,473
- Toronto municipal land transfer tax
- $6,473
- Estimated closing costs
- $12,946
Plus your down payment of $99,980. 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
- $128,047
- Principal paid down
- $50,930
- Interest paid
- $77,117
- Balance remaining
- $348,990
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 EXP REALTY. MLS®/PropTx.