509-38 Iannuzzi Street, Toronto, ON

Niagara, Toronto · MLS® C13568756

$599,300
For Sale
Listed 2 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Luxurious and Spacious suite located at Fortune Condo in Fort York Area and steps to the lake! Large 1 Bedroom + Den & 1 Bath. Also includes 1 Parking and 1 Locker. Great Courtyard View. Open Concept Kitchen With Living Area. Spacious Balcony. This building showcases elevated, resort-inspired amenities, including a fully equipped Gym with training equipment, Sauna, Hot Tub, Cold Tub, Concierge, ample Visitor Parking, Party & Meeting Room, Guest Suite, a beautifully landscaped courtyard with BBQ areas and Cabanas, even has a Putting Green area. Steps To Loblaws, Starbucks, Restaurants, Banks, Shopping, & Lake. Close Proximity To Stacked Market, King St W, TTC Transit, Billy Bishop Airport, Shoppers Drug Mart. Few Mins To Hwy/Gardiner Expressway. Minutes To Rogers Center, CN Tower. Just a short walk to the Waterfront and one Toronto's most scenic parks.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C13568756
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Bathurst/Fort York
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$555/mo
Exposure
South
Property tax
$3,356 / 2025
Days on market
2
Listing brokerage
EXP REALTY

Rooms

Primary BedroomFlat3.00 × 2.74 m
Living RoomFlat5.40 × 2.10 m
DenFlat2.74 × 2.74 m
KitchenFlat4.27 × 0.61 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.

Its public catchment (The Waterfront School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Bathurst St at Fleet St is about a 1-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 in Niagara · asking prices
$514kavg asking

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

638-38 Iannuzzi Street$525k421-9 Tecumseth Street$479k909-125 Western Battery Road$629k2804-150 East Liberty Street$508k468-209 Fort York Boulevard$429k

The 5 closest active listings nearby.

See all comparable homes
599kThis home525k479k629k508k429kThis home vs active comparables
Live market pulseActive comparables in Niagara · median list $508K
$923this home / sqft
5active listings nearby
2days on market

This home lists 9% above the area average of $846/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Niagara, 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

83/ 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: Bathurst St at Fleet St, about 114 m away

20+ transit stops14 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.

Waterfront Communities C1
$672K
Waterfront Communities C8
$1.24M
Church-Yonge Corridor
$590K
Annex
$1.57M
Mimico
$800K

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 The Waterfront School
74%
The Waterfront SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 74% meet the provincial standard

Affordability & Mortgage

Affordability
$2,731/mo
$127KIncome needed
4.7×Price ÷ income
$630Weekly 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 $2,731Property tax $280Condo fee $555Total carry $3,566

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)
$2,558per month

Mortgage amount $479,440 · 4.14% over 25 years

$119,860Down payment (20.0%)
$479,440Loan before insurance
$0CMHC premium
$3,393Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,558
Property tax
$280
Condo / maintenance fees
$555
Heating
$0
Estimated monthly cost
$3,393

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

One-time closing costs

Ontario land transfer tax
$8,461
Toronto municipal land transfer tax
$8,461
Estimated closing costs
$16,922

Plus your down payment of $119,860. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,107/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

$288,101Total interest paid
$767,541Total of all payments
Principal $479,440 Interest $288,101
YearPrincipalInterestBalance
1$11,232$19,470$468,208
2$11,701$19,000$456,507
3$12,191$18,511$444,316
4$12,701$18,001$431,615
5$13,232$17,470$418,383
6$13,786$16,916$404,598
7$14,362$16,339$390,235
8$14,963$15,739$375,273
9$15,589$15,113$359,684
10$16,241$14,461$343,443
11$16,920$13,781$326,523
12$17,628$13,074$308,895
13$18,365$12,336$290,530
14$19,133$11,568$271,396
15$19,934$10,768$251,462
16$20,768$9,934$230,695
17$21,636$9,065$209,058
18$22,541$8,160$186,517
19$23,484$7,217$163,033
20$24,466$6,235$138,567
21$25,490$5,212$113,077
22$26,556$4,146$86,521
23$27,667$3,035$58,854
24$28,824$1,878$30,030
25$30,030$672$0

At the end of your 5-year term

Total paid over the term
$153,508
Principal paid down
$61,057
Interest paid
$92,451
Balance remaining
$418,383

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
1.9%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.

4.1%
Gross yield
− Property tax $3,356− Condo fees $6,663− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,275

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

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