2007-20 Richardson Street, Toronto, ON
Waterfront Communities C8, Toronto · MLS® C13560344
About this home
Experience Elevated Waterfront Living At Lighthouse Tower By Daniels Corporation. Built In 2020, This Beautifully Designed Two-Bedroom, Two-Bathroom Suite Offers A Highly Sought-After Split-Bedroom Layout With Just Under 700 Sq. Ft. Of Thoughtfully Planned Living Space And Absolutely No Wasted Space. Sunlight Pours Through Expansive Floor-To-Ceiling Windows, Illuminating The Open-Concept Interior With Natural Light. Soaring 9-Foot Ceilings, Custom Window Coverings, And Contemporary Finishes Create A Bright, Sophisticated Atmosphere Throughout. The Upgraded Kitchen Is Designed To Impress, Featuring A Custom Backsplash, Centre Island With Seating, And Plenty Of Workspace For Everyday Living And Effortless Entertaining. The Spacious Primary Bedroom Includes His-And-Her Closets And A Private Four-Piece Ensuite, While The Second Bedroom Offers Excellent Flexibility For Guests, Family, Or A Home Office. Enjoy Seamless Indoor-Outdoor Living With Three Walk-Outs To A Generous 123 Sq. Ft. West-Facing Balcony-The Perfect Place To Unwind And Take In Afternoon Sunshine. Residents Of Lighthouse Tower Enjoy An Exceptional Collection Of Resort-Inspired Amenities, Including 24-Hour Concierge Service, A Fully Equipped Fitness Centre, Basketball And Tennis Courts, Music And Art Studios, Elegant Party And Dining Rooms, An Outdoor Fire Pit, And A Beautifully Landscaped Terrace With BBQs. Ideally Situated In Toronto's Vibrant Waterfront Neighbourhood, You're Just Steps From Grocery Stores, Cafés, Restaurants, And Everyday Conveniences, With Sugar Beach, St. Lawrence Market, Union Station, And The City's Best Waterfront Trails All Within An Easy Walk. This Is Downtown Waterfront Living At Its Finest! Includes $20,000 In Builder Upgrades, Including Kitchen Cabinet Finishes, Quartz Counters, Black Faucet Fixture, Mirror Closet Hallway Doors, Shower Soap Niche, Shower Bar Handles, TV Block Wall, Extra Electrical Outlets, & More!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13560344
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 600-699
- Cross streets
- Queens Quay/Lower Jarvis
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $729/mo
- Exposure
- West
- Property tax
- $3,675 / 2026
- Days on market
- 4
- Listing brokerage
- BOSLEY - TORONTO REALTY GROUP INC.
Rooms
laminate · w/o to balcony · closet
laminate · closet
laminate · double closet · 4 pc ensuite
laminate · stainless steel appl · breakfast bar
tile floor · 4 pc bath · soaking tub
tile floor · 4 pc bath · pot lights
laminate · w/o to balcony · west view
Listed at $699,900, this home is about 18% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Based on 25 similar homes nearby, adjusted for size, beds, and baths.Median of 25 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $657K, a bit higher.
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, listed at $616K
- Bathrooms +$15K
- Adjusts to $631K
That comparable adjusts to $631K; the $594K estimate above is the median of all 25 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $594K, median of 25 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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Open-concept layout: modern, sought-after flow.
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 14% above the area average of $943/sqft.
3 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.
Getting around
Car-DependentA 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 Google.
Almost all errands require a car.
Within a 15-minute (1.5 km) walk.
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 18, 2026); conventional rates run a little higher.
Mortgage amount $559,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,988
- Property tax
- $306
- Condo / maintenance fees
- $729
- Heating
- $0
- Estimated monthly cost
- $4,023
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,473
- Toronto municipal land transfer tax
- $10,473
- Estimated closing costs
- $20,946
Plus your down payment of $139,980. 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
- $179,276
- Principal paid down
- $71,306
- Interest paid
- $107,971
- Balance remaining
- $488,614
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 BOSLEY - TORONTO REALTY GROUP INC.. MLS®/PropTx.