202-151 Dan Leckie Way, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13559066

$799,000
For Sale
Listed 9 days ago
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3Bedrooms
2Bathrooms
2Garage
1000-1199Sq Ft

About this home

Welcome to this furnished 2+1 bedroom suite at 151 Dan Leckie Way, offering 2 parking spaces and 1 locker. This south-facing residence enjoys views toward Lake Ontario and features a bright, open-concept layout with large windows that provide abundant natural light. The modern kitchen is equipped with stainless steel appliances and is designed for both everyday functionality and entertaining.Located in Toronto's waterfront neighbourhood, the building is within walking distance of the waterfront, parks, restaurants, cafés, grocery stores, and public transit. Residents also enjoy convenient access to the Gardiner Expressway, Union Station, the CN Tower, Rogers Centre, Scotiabank Arena, and Toronto's Financial and Entertainment Districts.Whether you are looking for a principal residence or an investment opportunity, this suite offers a practical layout in a well-connected downtown location.Furniture is included in the purchase price. Includes 2 parking spaces and 1 locker

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C13559066
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1000-1199
Cross streets
Spadina and Fort York Blvd
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$956/mo
Exposure
South
Property tax
$3,760 / 2025
Days on market
9
Listing brokerage
THE REAL ESTATE OFFICE INC.

Rooms

KitchenGround0.00 × 0.00 m

open concept · laminate · granite counters

Dining RoomGround0.00 × 0.00 m

combined w/living · laminate · south view

Primary BedroomGround0.00 × 0.00 m

3 pc ensuite · broadloom · large window

Bedroom 2Ground0.00 × 0.00 m

3 pc ensuite · broadloom · large closet

Living RoomGround0.00 × 0.00 m

combined w/dining · laminate · south view

DenGround0.00 × 0.00 m

Laminate

Moe’s TakeTeam Asgarian · Broker
In line
$851Kest. value

Listed at $799,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

In Waterfront Communities C1 lately, sellers have been getting about 97% of asking and homes sell in about 38 days.

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

Based on 60 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 60 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $693K, 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 $1.25M
  • Bedrooms +$22K
  • Adjusts to $1.27M

That comparable adjusts to $1.27M; the $851K estimate above is the median of all 60 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 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.

List price
$764KGreat deal$907KOverpriced

Total price vs nearby homes. Fair value about $851K, median of 60 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$763kavg asking

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

303-123 Portland Street$669k2404-290 Adelaide Street$730k3004-290 ADELAIDE Street$730kPH806-66 Portland Street$925k

The 4 closest active listings nearby.

See all comparable homes
799kThis home669k730k730k925kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $730K
$727this home / sqft
5active listings nearby
9days on market
100sold nearby · 90 days
$650Kmedian sold price
97%of asking, on average

This home lists 24% below the area average of $958/sqft.

8 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 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.

Bay Street Corridor
$471K
Waterfront Communities C8
$700K
Church-Yonge Corridor
$561K
Moss Park
$519K
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 Jean Lumb Public School
73%
Jean Lumb Public SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$3,642/mo
$170KIncome needed
4.7×Price ÷ income
$840Weekly 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.

74%mortgage
Mortgage $3,642Property tax $313Condo fee $956Total carry $4,911

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)
$3,411per month

Mortgage amount $639,200 · 4.14% over 25 years

$159,800Down payment (20.0%)
$639,200Loan before insurance
$0CMHC premium
$4,680Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,411
Property tax
$313
Condo / maintenance fees
$956
Heating
$0
Estimated monthly cost
$4,680

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

One-time closing costs

Ontario land transfer tax
$12,455
Toronto municipal land transfer tax
$12,455
Estimated closing costs
$24,910

Plus your down payment of $159,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,143/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

$384,103Total interest paid
$1,023,303Total of all payments
Principal $639,200 Interest $384,103
YearPrincipalInterestBalance
1$14,974$25,958$624,226
2$15,601$25,332$608,625
3$16,253$24,679$592,372
4$16,933$23,999$575,439
5$17,641$23,291$557,798
6$18,379$22,553$539,419
7$19,148$21,784$520,271
8$19,949$20,983$500,322
9$20,783$20,149$479,538
10$21,653$19,279$457,886
11$22,558$18,374$435,327
12$23,502$17,430$411,825
13$24,485$16,447$387,340
14$25,509$15,423$361,831
15$26,576$14,356$335,255
16$27,688$13,244$307,567
17$28,846$12,086$278,721
18$30,053$10,880$248,669
19$31,310$9,623$217,359
20$32,619$8,313$184,740
21$33,984$6,948$150,756
22$35,405$5,527$115,351
23$36,886$4,046$78,465
24$38,429$2,503$40,036
25$40,036$896$0

At the end of your 5-year term

Total paid over the term
$204,661
Principal paid down
$81,402
Interest paid
$123,258
Balance remaining
$557,798

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$3,400/mo
$40,800Gross annual rent
2.6%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.

5.1%
Gross yield
− Property tax $3,760− Condo fees $11,472− Insurance $600− Vacancy & upkeep $4,488Net operating income $20,480

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

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