1012-15 Lower Jarvis Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13577154

$2,000/mo
For Lease
Just listed today
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1Bedrooms
1Bathrooms
0Parking
0-499Sq Ft

About this home

Spacious Junior Bedroom With Closet And W/Large Balcony And Stunning Water Spacious Studio Feels Like Junior Bedroom With Closet And W/Large Balcony And Stunning Water View, W/ 9' Ceilings, Contemporary Finished Throughout, A Locker And Huge Balcony. Th Residents Of This Luxurious High Rise Will Enjoy Some Of The Bet Amenities Around. Welcome To The Lighthouse West Tower! Be The First To Live In This Unit That Features Awesome Views Of Lake Ontario! Walking Distance To St.Lawrance Market Sugar Beach, The Dillistery District Scotia Bank Arena, And Much More!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13577154
Bedrooms
1
Bathrooms
1
Size
0-499
Cross streets
Lower Jarvis & Queens Quay
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
North
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD
Moe’s TakeTeam Asgarian · Broker
In line
$2,100/moest. value

Listed at $2,000/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

Based on 24 similar rentals nearby, adjusted for size, beds, and baths.Median of 24 comparable active listings, adjusted for size, beds, and baths.

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 $2,100/mo
  • Adjusts to $2,100/mo

That comparable adjusts to $2,100/mo; the $2,100/mo estimate above is the median of all 24 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

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. Lower Jarvis St at Lake Shore Blvd East is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1,950/moBelow market$2,300/moAbove market

Total price vs nearby homes. Fair value about $2,100/mo, median of 24 comparables.

Comparable listingsCurrently listed nearby in Waterfront Communities C8 · asking prices
$1,980avg asking

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

316-15 Richardson Street$2,0003610-138 Downes Street$2,000408-15 Richardson Street$2,0002711-15 Lower Jarvis Street$1,950612-170 Bayview Avenue$1,950

The 5 closest of 8 active listings nearby.

See all comparable homes
2,000This home2,0002,0002,0001,9501,950This home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $2K
24active listings nearby
View comparable listings

Not enough sq ft data to place this home on the area price curve.

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

87/ 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: Lower Jarvis St at Lake Shore Blvd East, about 33 m away

20+ transit stops20+ 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
$3K
Church-Yonge Corridor
$2K
Bay Street Corridor
$3K
Dovercourt-Wallace Emerson-Junction
$2K
Mimico
$3K

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 · 2.5 km awayBelow the GTA average · 59% meet the provincial standard

Affordability & Mortgage

Affordability
$9/mo
$4KIncome needed
0.5×Price ÷ income
$2Weekly 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.

88%mortgage
Mortgage $9Property tax $1Total carry $10

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)
$9per month

Mortgage amount $1,600 · 4.14% over 25 years

$400Down payment (20.0%)
$1,600Loan before insurance
$0CMHC premium
$10Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10

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
Toronto municipal land transfer tax
$10
Estimated closing costs
$20

Plus your down payment of $400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10/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

$961Total interest paid
$2,561Total of all payments
Principal $1,600 Interest $961
YearPrincipalInterestBalance
1$37$65$1,563
2$39$63$1,523
3$41$62$1,483
4$42$60$1,440
5$44$58$1,396
6$46$56$1,350
7$48$55$1,302
8$50$53$1,252
9$52$50$1,200
10$54$48$1,146
11$56$46$1,090
12$59$44$1,031
13$61$41$970
14$64$39$906
15$67$36$839
16$69$33$770
17$72$30$698
18$75$27$622
19$78$24$544
20$82$21$462
21$85$17$377
22$89$14$289
23$92$10$196
24$96$6$100
25$100$2$0

At the end of your 5-year term

Total paid over the term
$512
Principal paid down
$204
Interest paid
$309
Balance remaining
$1,396

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.

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

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