603-135 George Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13579938

$998,000
For Sale
Just listed today
2Bedrooms
2Bathrooms
1Garage
1400-1599Sq Ft

About this home

Welcome to New Town of York! Right in the heart of the St. Lawrence Market district. Spacious & Bright 2+1 BD & 2 BA freshly painted suite with 1589 sq ft of quality-built condo living in a quiet boutique, low-rise with just 51 units. Perfect for those looking to downsize without compromising on Space or Lifestyle. Practical Layout. Modern & Functional Kitchen with Granite & Corian counters, Bosh and Fisher Paykel appliances. Open Concept Living & Dining space. Den/Sunroom with a Pantry/ Bar Fridge is perfect for entertaining. The massive primary suite easily fits a King-sized bed, with his/hers closets with motion sensing lights. The generous second bedroom is perfect for guests or home office. Full size Laundry Room with an Ensuite Locker Room. Amazing building amenities including : Squash court, Gym, Sauna, Terrace W/BBQs, Party/Meeting room with pool table, Library & Visitor Parking. One minute to St Lawrence Market, steps to both Berczy Park and St James Park, Supermarkets, restaurants & Cafe. Walking distance to the Financial District, Close to St. Michael Hospital and everything to offer at your doorstep. Easy access to the DVP and Gardiner. Great walk score of 100! *Maintenances fees Include high speed Bell internet and Bell TV package. Building has EV charging infrastructure available at the parking spot. Idea for Small Family Downsizing and Professional Seeking Convenience & An Exciting Downtown Lifestyle! Can't Miss!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13579938
Bedrooms
2
Bathrooms
2
Size
1400-1599
Cross streets
Front and Jarvis
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Maintenance
$1,404/mo
Exposure
South
Property tax
$4,275 / 2026
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

BedroomMain6.83 × 3.56 m

his and hers closets · carpet free · south view

Dining RoomMain3.63 × 2.67 m

open concept · combined w/living

Family RoomMain6.20 × 2.46 m

open concept · carpet free

Living RoomMain4.67 × 3.18 m

fireplace · combined w/dining · south view

Bedroom 2Main5.26 × 3.28 m

b/i closet · carpet free · window

KitchenMain3.63 × 2.74 m

quartz counter · centre island · ceramic backsplash

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.28Mest. value

Listed at $998,000, this home is about 22% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $831K, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $1.89M
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $1.84M

That comparable adjusts to $1.84M; the $1.28M estimate above is the median of all 13 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Market Lane Junior and Senior 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 East At George St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$998KGreat deal$1.84MOverpriced

Total price vs nearby homes. Fair value about $1.28M, median of 13 comparables.

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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Waterfront Communities C8 · asking prices
$1.60Mavg asking

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

401-135 George Street$1.05M324-55 Merchants' Wharf Street$1.70M5811-55 Cooper Street$1.78M815-39 Queens Quay$1.89M

The 4 closest active listings nearby.

See all comparable homes
998kThis home1.05M1.70M1.78M1.89MThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $1.05M
$666this home / sqft
13active listings nearby

This home lists 37% below the area average of $1,060/sqft.

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

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 East At George St, about 132 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.

Church-Yonge Corridor
$574K
Waterfront Communities C1
$688K
Annex
$1.39M
Banbury-Don Mills
$500K
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 Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$4,549/mo
$214KIncome needed
4.7×Price ÷ income
$1,050Weekly 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.

72%mortgage
Mortgage $4,549Property tax $356Condo fee $1,404Total carry $6,309

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)
$4,261per month

Mortgage amount $798,400 · 4.14% over 25 years

$199,600Down payment (20.0%)
$798,400Loan before insurance
$0CMHC premium
$6,021Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,261
Property tax
$356
Condo / maintenance fees
$1,404
Heating
$0
Estimated monthly cost
$6,021

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

One-time closing costs

Ontario land transfer tax
$16,435
Toronto municipal land transfer tax
$16,435
Estimated closing costs
$32,870

Plus your down payment of $199,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,175/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

$479,768Total interest paid
$1,278,168Total of all payments
Principal $798,400 Interest $479,768
YearPrincipalInterestBalance
1$18,704$32,423$779,696
2$19,486$31,641$760,210
3$20,301$30,826$739,909
4$21,150$29,976$718,759
5$22,035$29,092$696,724
6$22,957$28,170$673,767
7$23,917$27,210$649,850
8$24,917$26,209$624,932
9$25,960$25,167$598,973
10$27,045$24,081$571,927
11$28,177$22,950$543,751
12$29,355$21,771$514,395
13$30,583$20,543$483,812
14$31,862$19,264$451,949
15$33,195$17,931$418,754
16$34,584$16,543$384,170
17$36,030$15,096$348,140
18$37,537$13,589$310,603
19$39,108$12,019$271,495
20$40,743$10,383$230,752
21$42,448$8,679$188,304
22$44,223$6,904$144,081
23$46,073$5,054$98,008
24$48,000$3,127$50,008
25$50,008$1,119$0

At the end of your 5-year term

Total paid over the term
$255,634
Principal paid down
$101,676
Interest paid
$153,957
Balance remaining
$696,724

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$4,750/mo
$57,000Gross annual rent
2.9%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.

5.7%
Gross yield
− Property tax $4,275− Condo fees $16,850− Insurance $600− Vacancy & upkeep $6,270Net operating income $29,005

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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