S123-180 Mill Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13563856

$899,000
For Sale
Listed 3 days ago
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2Bedrooms
3Bathrooms
1Garage
1000-1199Sq Ft

About this home

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
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
3
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

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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 very walkable address with everyday errands close by. Front St East at Bayview Ave is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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 · asking prices
$617kavg asking

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

92 McGill Street$799k21-871 Wilson Avenue$599k213-7 Applewood Lane$639k220-4001 Don Mills Road$429k

The 4 closest active listings nearby.

See all comparable homes
899kThis home799k599k639k429kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $1.15M
$818this home / sqft
5active listings nearby
3days on market

This home lists 19% below the area average of $1,010/sqft.

0 days faster than the Toronto average (3 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Getting around

82/ 100

Very WalkableA 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Front St East at Bayview Ave, about 179 m away

20+ transit stops13 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Niagara
$559K
Victoria Village
$782K
Willowdale East
$799K
New Toronto
$780K
Don Valley Village
$720K

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

Affordability & Mortgage

Affordability
$4,097/mo
$188KIncome needed
4.8×Price ÷ income
$946Weekly 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 $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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,838per month

Mortgage amount $719,200 · 4.14% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$5,058Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,838
Property tax
$434
Condo / maintenance fees
$786
Heating
$0
Estimated monthly cost
$5,058

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

6.14%Qualifying rate
$4,662/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

$432,175Total interest paid
$1,151,375Total of all payments
Principal $719,200 Interest $432,175
YearPrincipalInterestBalance
1$16,848$29,207$702,352
2$17,553$28,502$684,799
3$18,287$27,768$666,511
4$19,052$27,003$647,459
5$19,849$26,206$627,610
6$20,679$25,376$606,930
7$21,544$24,511$585,386
8$22,446$23,609$562,940
9$23,384$22,671$539,556
10$24,363$21,692$515,193
11$25,382$20,673$489,811
12$26,443$19,612$463,368
13$27,549$18,506$435,819
14$28,702$17,353$407,117
15$29,902$16,153$377,214
16$31,153$14,902$346,061
17$32,456$13,599$313,605
18$33,814$12,241$279,791
19$35,228$10,827$244,563
20$36,702$9,353$207,861
21$38,237$7,818$169,625
22$39,836$6,219$129,788
23$41,503$4,552$88,286
24$43,239$2,816$45,047
25$45,047$1,008$0

At the end of your 5-year term

Total paid over the term
$230,275
Principal paid down
$91,590
Interest paid
$138,685
Balance remaining
$627,610

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%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.

4.5%
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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