620-3 Concord Cityplace Way, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13580750

$4,300/mo
For Lease
Listed 4 days ago
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4Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Welcome To Concord Canada House - The Landmark Buildings In Waterfront Communities. Brand New Urban Luxury Living Located In The Heart Of Toronto Downtown. Open Concept Layout, Den Can Be Used As 2nd Bedroom, Built-In Miele Appliances, Finished Open Balcony With Heater & Ceiling Light. Great Residential Amenities With Keyless Building Entry, Workspace, Parcel Storage For Online Home Delivery. Minutes Walk To CN Tower, Rogers Centre, Scotiabank Arena, Union Station...etc. Dining, Entertaining & Shopping Right At The Door Steps.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13580750
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
900-999
Cross streets
Spadina / Blue Jays Way
Parking
1 garage (none)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
South
Days on market
4
Listing brokerage
PROMPTON REAL ESTATE SERVICES CORP.
Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,902/moest. value

Listed at $4,300/mo, this rental is about 10% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Waterfront Communities C1 lately, landlords have been getting about 100% of asking and homes lease in about 21 days.

Based on 96 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 96 recently leased comparable homes — actual closing prices, not asks — 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, leased for $3,800/mo
  • Bedrooms +$150/mo
  • Adjusts to $3,950/mo

That comparable adjusts to $3,950/mo; the $3,902/mo estimate above is the median of all 96 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

The assigned public school is Jean Lumb Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$3,700/moBelow market$4,300/moAbove market

Total price vs nearby homes. Fair value about $3,902/mo, median of 96 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$4,319avg asking

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

4502-17 Bathurst Street$4,8001708-126 Simcoe Street$4,7001511-125 Blue Jays Way$3,600808-400 King Street$4,995415-543 Richmond Street$3,500

The 5 closest active listings nearby.

See all comparable homes
4,300This home4,8004,7003,6004,9953,500This home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $5K
8active listings nearby
4days on market
100leased nearby · 90 days
$4Kmedian leased price
100%of asking, on average

On the market now.

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.

Nearby neighbourhoods

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

Niagara
$3K
Waterfront Communities C8
$2K
Bay Street Corridor
$3K
Church-Yonge Corridor
$2K
North St. James Town
$2K

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 Jean Lumb Public School
73%
Jean Lumb Public SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$20/mo
$5KIncome needed
0.9×Price ÷ income
$5Weekly 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 $20Property tax $3Total carry $22

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$18per month

Mortgage amount $3,440 · 4.14% over 25 years

$860Down payment (20.0%)
$3,440Loan before insurance
$0CMHC premium
$21Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$18
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$21

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

One-time closing costs

Ontario land transfer tax
$22
Toronto municipal land transfer tax
$22
Estimated closing costs
$43

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

Mortgage stress test

6.14%Qualifying rate
$22/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

$2,067Total interest paid
$5,507Total of all payments
Principal $3,440 Interest $2,067
YearPrincipalInterestBalance
1$81$140$3,359
2$84$136$3,275
3$87$133$3,188
4$91$129$3,097
5$95$125$3,002
6$99$121$2,903
7$103$117$2,800
8$107$113$2,693
9$112$108$2,581
10$117$104$2,464
11$121$99$2,343
12$126$94$2,216
13$132$89$2,085
14$137$83$1,947
15$143$77$1,804
16$149$71$1,655
17$155$65$1,500
18$162$59$1,338
19$168$52$1,170
20$176$45$994
21$183$37$811
22$191$30$621
23$199$22$422
24$207$13$215
25$215$5$0

At the end of your 5-year term

Total paid over the term
$1,101
Principal paid down
$438
Interest paid
$663
Balance remaining
$3,002

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 PROMPTON REAL ESTATE SERVICES CORP.. MLS®/PropTx.

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