S123-180 Mill Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13563856

$899,000
For Sale
Listed 97 days agoNo offer date statedSitting longer than typical
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2Bedrooms
3Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to this sophisticated fully furnished 2-bedroom, 3-bathroom townhouse in the heart of Toronto's vibrant Canary District, offering over 1,000 sq. ft. of...
  • Bright and spacious, this modern home features 9-foot ceilings, floor-to-ceiling windows with high-end automated window coverings, laminate flooring throughout, and a...

Welcome to this sophisticated fully furnished 2-bedroom, 3-bathroom townhouse in the heart of Toronto's vibrant Canary District, offering over 1,000 sq. ft. of stylish living space plus a 135 sq. ft. private terrace with its own entrance. Bright and spacious, this modern home features 9-foot ceilings, floor-to-ceiling windows with high-end automated window coverings, laminate flooring throughout, and a thoughtfully designed open-concept layout. The contemporary kitchen is beautifully appointed with integrated built-in appliances, stone countertops, and ample pantry storage, making it perfect for everyday living and entertaining. Upstairs, two generously sized bedrooms provide exceptional comfort, while the extra-large laundry room offers abundant storage space. One parking space and high-speed internet are included for added convenience. Located just steps from Canary Commons Park, YMCA, shops, cafés, and TTC transit, you're also minutes from the Distillery District, St. Lawrence Market, George Brown College, the Waterfront, Corktown Common, Cherry Beach, and the Financial District. Surrounded by parks, cycling and running trails, and an exciting mix of restaurants, boutiques, and everyday amenities, the Canary District offers one of Toronto's most vibrant and walkable urban lifestyles. A rare opportunity to lease a beautifully furnished townhouse in one of downtown Toronto's most desirable communities, combining modern design, exceptional convenience, and an unbeatable location.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
C13563856
Bedrooms
2
Bathrooms
3 (1 half)
Size
1000-1199 sq ft
Cross streets
Cherry St & Front St E
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$786/mo
Exposure
West
Property tax
$5,210 / 2025
Days on market
97
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

Dining RoomMain3.40 × 3.63 m

b/i bar · open concept · b/i shelves

Living RoomMain3.05 × 3.63 m

open concept · w/o to terrace · large window

Bedroom 2Second2.48 × 3.63 m

Walk-In Closet(s)

KitchenMain4.67 × 2.60 m

b/i appliances · backsplash

Primary BedroomSecond3.67 × 3.63 m

w/w closet · 4 pc ensuite · large window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C8 · asking prices
$1.38Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market.

Per square foot, these ask about $1,032/sqft; this home lists at $818/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
899kThis home948k1.10M2.10MThis home vs active comparables

Neighbourhood & location

Waterfront Communities C8, 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.

Niagara
$917K
Casa Loma
$2.80M
Victoria Village
$754K
St. Andrew-Windfields
$929K
Mimico
$840K

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 Dundas Junior Public School
59%
Dundas Junior Public SchoolPublic · Elementary · 1.2 km awayBelow the GTA average · 59% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Nelson Mandela Park Public School · Public elementary0.8 km · 47% at standard
Market Lane Junior and Senior Public School · Public elementary0.8 km · 74% at standard
SEED Alternative School · Public secondary1.2 km
St Michael Catholic School · Catholic elementary1.3 km · 67% at standard
Downtown Alternative School · Public elementary1.3 km
Lord Dufferin Junior and Senior Public School · Public elementary1.4 km · 55% at standard
Morse Street Junior Public School · Public elementary1.5 km · 76% at standard
Sprucecourt Junior Public School · Public elementary1.5 km · 59% at standard
Eastdale Collegiate Institute · Public secondary1.6 km
St Michael's Choir (Jr) School · Catholic elementary1.8 km · 98% at standard
St Martin Catholic School (St.Martin) · Catholic secondary1.9 km
St Michael's Choir (Sr) School · Catholic secondary1.9 km · 98% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,097/mo
$188KIncome needed
4.8×Price ÷ income
$946Weekly cost
$28,910Land transfer tax, one-time (Ontario + Toronto)
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 $4,097Property tax $434Condo fee $786Total carry $5,318

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,977per month

Mortgage amount $719,200 · 4.49% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$5,197Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,977
Property tax
$434
Condo / maintenance fees
$786
Heating
$0
Estimated monthly cost
$5,197

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

One-time closing costs

Ontario land transfer tax
$14,455
Toronto municipal land transfer tax
$14,455
Estimated closing costs
$28,910

Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,813/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

$473,774Total interest paid
$1,192,974Total of all payments
Principal $719,200 Interest $473,774
YearPrincipalInterestBalance
1$16,049$31,669$703,151
2$16,778$30,941$686,372
3$17,540$30,179$668,832
4$18,336$29,383$650,496
5$19,169$28,550$631,327
6$20,039$27,680$611,288
7$20,949$26,770$590,339
8$21,900$25,819$568,438
9$22,895$24,824$545,544
10$23,934$23,785$521,609
11$25,021$22,698$496,589
12$26,157$21,562$470,432
13$27,345$20,374$443,087
14$28,586$19,133$414,501
15$29,884$17,835$384,617
16$31,241$16,478$353,376
17$32,659$15,060$320,717
18$34,142$13,577$286,575
19$35,692$12,027$250,882
20$37,313$10,406$213,569
21$39,007$8,712$174,562
22$40,778$6,941$133,784
23$42,630$5,089$91,154
24$44,565$3,154$46,589
25$46,589$1,130$0

At the end of your 5-year term

Total paid over the term
$238,595
Principal paid down
$87,873
Interest paid
$150,722
Balance remaining
$631,327

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
2.3%Cap rate after taxes and upkeep

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.

4.5%
Gross yield
− Property tax $5,210− Condo fees $9,436− Insurance $600− Vacancy & upkeep $4,488Net operating income $21,066

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

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