902-20 Blue Jays Way, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13560918

$499,999
For Sale
Listed 8 days ago
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2Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Welcome To This Beautiful 1 Bedroom Plus Den In The Prestigious Tridel-Built "The Element", Located In The Fashion District Downtown Toronto! Offers Neutral Decor, 9Ft Ceilings, Freshly Painted, Sliding Doors And A Walk Out Balcony. An Easy & Open Layout W/ A Spacious Kitchen That Has A Granite Island, A Large Den Perfect For Home Office Or Guest Room. Enjoy Top-tier building Amenities-24-hour Concierge, Rooftop Terrace, Private Theatre, Spa & Gym. Unbeatable Location just Steps To The CN Tower, Entertainment District, Rogers Centre, Top Restaurants, Nightlife, The Waterfront, and Union Station, with quick and easy highway access.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13560918
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Front St & Blue Jays Way
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$461/mo
Exposure
West
Property tax
$2,556 / 2026
Days on market
8
Listing brokerage
RE/MAX REALTY SERVICES INC.

Rooms

Dining RoomMain4.11 × 2.74 m

combined w/living · w/o to balcony · laminate

KitchenMain3.96 × 3.04 m

open concept · granite counters · laminate

BedroomMain3.10 × 2.44 m

mirrored closet · large closet · laminate

Living RoomMain4.11 × 2.74 m

combined w/dining · w/o to balcony · laminate

DenMain3.35 × 2.74 m

open concept · laminate

Moe’s TakeTeam Asgarian · Broker
Below comparables
$563Kest. value

Listed at $499,999, this home is about 11% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

In Waterfront Communities C1 lately, sellers have been getting about 96% of asking and homes sell in about 35 days.

Based on 76 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 76 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $454K, 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 $550K
  • Adjusts to $550K

That comparable adjusts to $550K; the $563K estimate above is the median of all 76 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 Ogden Junior 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
$500KGreat deal$638KOverpriced

Total price vs nearby homes. Fair value about $563K, median of 76 comparables.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$534kavg asking

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

551-10 Capreol Court$518k1006-17 Bathurst Street$520k3206-17 Bathurst Street$556k3303-361 Front Street$489k316-85 Queens Wharf Road$589k

The 5 closest of 8 active listings nearby.

See all comparable homes
500kThis home518k520k556k489k589kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $610K
$770this home / sqft
60active listings nearby
8days on market
100sold nearby · 90 days
$612Kmedian sold price
96%of asking, on average

This home lists 19% below the area average of $947/sqft.

7 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
Niagara
$625K
Waterfront Communities C8
$700K
Church-Yonge Corridor
$561K
Moss Park
$519K

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 Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.8 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$2,279/mo
$106KIncome needed
4.7×Price ÷ income
$526Weekly 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.

77%mortgage
Mortgage $2,279Property tax $213Condo fee $461Total carry $2,953

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)
$2,135per month

Mortgage amount $399,999 · 4.14% over 25 years

$100,000Down payment (20.0%)
$399,999Loan before insurance
$0CMHC premium
$2,809Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,135
Property tax
$213
Condo / maintenance fees
$461
Heating
$0
Estimated monthly cost
$2,809

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

One-time closing costs

Ontario land transfer tax
$6,475
Toronto municipal land transfer tax
$6,475
Estimated closing costs
$12,950

Plus your down payment of $100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,593/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

$240,364Total interest paid
$640,363Total of all payments
Principal $399,999 Interest $240,364
YearPrincipalInterestBalance
1$9,371$16,244$390,629
2$9,763$15,852$380,866
3$10,171$15,444$370,695
4$10,596$15,018$360,099
5$11,040$14,575$349,059
6$11,501$14,113$337,558
7$11,982$13,632$325,575
8$12,484$13,131$313,092
9$13,006$12,609$300,086
10$13,550$12,065$286,536
11$14,117$11,498$272,420
12$14,707$10,907$257,713
13$15,322$10,292$242,390
14$15,963$9,651$226,427
15$16,631$8,984$209,796
16$17,327$8,288$192,470
17$18,051$7,563$174,419
18$18,806$6,808$155,612
19$19,593$6,022$136,019
20$20,412$5,202$115,607
21$21,266$4,348$94,341
22$22,156$3,459$72,185
23$23,083$2,532$49,102
24$24,048$1,566$25,054
25$25,054$561$0

At the end of your 5-year term

Total paid over the term
$128,073
Principal paid down
$50,940
Interest paid
$77,133
Balance remaining
$349,059

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$2,050/mo
$24,600Gross 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.

4.9%
Gross yield
− Property tax $2,556− Condo fees $5,530− Insurance $600− Vacancy & upkeep $2,706Net operating income $13,208

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTY SERVICES INC.. MLS®/PropTx.

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