2905-21 Widmer Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13578498

$2,400/mo
For Lease
Just listed today
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1Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Welcome to Cinema Tower in the heart of Toronto's Entertainment District. This29th floor, north-facing furnished 1 bedroom + 1 bathroom suite offers 622 sqft of modern interior living space plus a 90 sqft furnished balcony, providing approximately 712 sqft of total indoor/outdoor living space with stunning city views. Features include a large kitchen island with storage, optional 2-seatL-shaped couch, custom cat wall, and a spacious balcony with upgraded tiling and outdoor seating. Suite has been recently refloored, freshly painted, and professionally refreshed. Building amenities include 24-hour concierge, fitness centre, basketball court, steam room, sauna, hot tub, theatre room, party room, and resident events. Enjoy Beanfield high-speed internet, a convenient building app, and a prime location less than a 5-minute walk to St. Andrew Subway Station, No Frills, Bestco Fresh Food Market, King Street, restaurants, nightlife, entertainment, and the Financial District. Perfect for AAA tenants seeking a premium downtown Toronto lifestyle in one of the city's most desirable condo buildings.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13578498
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
King St. W / John St
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Exposure
North
Listing brokerage
ROYAL LEPAGE IGNITE REALTY

Rooms

Dining RoomFlat4.44 × 4.47 m

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

Primary BedroomFlat3.30 × 3.02 m

closet · hardwood floor

Living RoomFlat4.44 × 4.47 m

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

KitchenFlat0.00 × 0.00 m

stainless steel appl · centre island

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,627/moest. value

Listed at $2,400/mo, this rental is about 9% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 49 similar rentals nearby, adjusted for size, beds, and baths.Median of 49 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 $2,500/mo
  • Adjusts to $2,500/mo

That comparable adjusts to $2,500/mo; the $2,627/mo estimate above is the median of all 49 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 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.

On location, this is a very walkable address with everyday errands close by. King St West at John St West Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2,400/moBelow market$2,777/moAbove market

Total price vs nearby homes. Fair value about $2,627/mo, median of 49 comparables.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$2,633avg asking

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

2805-208 Queens Quay$2,400819-438 Richmond Street$2,5001203-470 Front Street$3,000

The 3 closest active listings nearby.

See all comparable homes
2,400This home2,4002,5003,000This home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $3K
53active listings nearby
View comparable listings

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

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.

Getting around

88/ 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: King St West at John St West Side, about 87 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.

Bay Street Corridor
$3K
Church-Yonge Corridor
$2K
Waterfront Communities C8
$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 Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$11/mo
$4KIncome needed
0.6×Price ÷ income
$3Weekly 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 $11Property tax $2Total carry $12

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)
$10per month

Mortgage amount $1,920 · 4.14% over 25 years

$480Down payment (20.0%)
$1,920Loan before insurance
$0CMHC premium
$12Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12

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

One-time closing costs

Ontario land transfer tax
$12
Toronto municipal land transfer tax
$12
Estimated closing costs
$24

Plus your down payment of $480. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12/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

$1,154Total interest paid
$3,074Total of all payments
Principal $1,920 Interest $1,154
YearPrincipalInterestBalance
1$45$78$1,875
2$47$76$1,828
3$49$74$1,779
4$51$72$1,728
5$53$70$1,675
6$55$68$1,620
7$58$65$1,563
8$60$63$1,503
9$62$61$1,440
10$65$58$1,375
11$68$55$1,308
12$71$52$1,237
13$74$49$1,163
14$77$46$1,087
15$80$43$1,007
16$83$40$924
17$87$36$837
18$90$33$747
19$94$29$653
20$98$25$555
21$102$21$453
22$106$17$346
23$111$12$236
24$115$8$120
25$120$3$0

At the end of your 5-year term

Total paid over the term
$615
Principal paid down
$245
Interest paid
$370
Balance remaining
$1,675

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 ROYAL LEPAGE IGNITE REALTY. MLS®/PropTx.

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