PH16-65 Scadding Avenue, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13582756

$2,100/mo
For Lease
Listed 1 day ago
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1Bathrooms
0Parking
0-499Sq Ft
8 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Rarely available penthouse studio suite offering the perfect blend of style, comfort, and unbeatable downtown convenience. This bright, sun-filled unit features a functional open-concept layout, one locker, and a large south-facing sliding door that opens onto an expansive renovated private terrace with beautiful lake views-an ideal space to relax, entertain, or enjoy your morning coffee. 1 Parking available at additional cost.Perfectly situated in one of Toronto's most vibrant neighbourhoods, you'll be just steps from the historic Distillery District, St. Lawrence Market, the waterfront, Old Town Toronto, and an endless selection of restaurants, cafés, boutique shops, and entertainment. Commuting is effortless with quick access to the Gardiner Expressway, Don Valley Parkway, TTC, Union Station, and the UP Express.Residents enjoy exceptional building amenities, including fitness centre, indoor pool, sauna, 24-hour concierge, library, party room, car wash, and visitor parking. Experience the best of downtown living in this exceptional penthouse suite. Available for August 1st. Parking available , locker included.

Key facts

Property type
Condo Apartment, Bachelor/Studio
MLS®
C13582756
Bathrooms
1
Size
0-499
Cross streets
King/DVP
Parking
0 parking
Basement
None
Heating
Baseboard
A/C
Central Air
Exterior
Brick
Exposure
South
Days on market
1
Listing brokerage
CENTURY 21 MILLENNIUM INC.

Rooms

KitchenFlat3.33 × 1.81 m

stainless steel appl · backsplash · open concept

Living RoomFlat4.16 × 3.99 m

w/o to patio · large window · combined w/dining

Dining RoomFlat4.16 × 3.99 m

open concept · combined w/kitchen

OtherFlat4.40 × 2.37 m

balcony · south view

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent leases and give you a straight answer on what it will really take.

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. Princess Street 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1,967avg asking

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

409-38 Stewart Street$2,100325-5 St Joseph Street$2,0001024-251 Jarvis Street$1,800

The 3 closest active listings nearby.

See all comparable homes
2,100This home2,1002,0001,800This home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $3K
99active listings nearby
1days on market
100leased nearby · 90 days
$3Kmedian 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 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

100/ 100

Walker's ParadiseA 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: Princess Street, about 74 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.

Moss Park
$2K
Waterfront Communities C1
$2K
Church-Yonge Corridor
$3K
Bay Street Corridor
$3K
Mount Pleasant West
$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 Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 0.1 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$10/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 $10Property tax $1Total carry $11

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9per month

Mortgage amount $1,680 · 4.14% over 25 years

$420Down payment (20.0%)
$1,680Loan 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
$11
Toronto municipal land transfer tax
$11
Estimated closing costs
$21

Plus your down payment of $420. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11/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

$1,010Total interest paid
$2,690Total of all payments
Principal $1,680 Interest $1,010
YearPrincipalInterestBalance
1$39$68$1,641
2$41$67$1,600
3$43$65$1,557
4$45$63$1,512
5$46$61$1,466
6$48$59$1,418
7$50$57$1,367
8$52$55$1,315
9$55$53$1,260
10$57$51$1,203
11$59$48$1,144
12$62$46$1,082
13$64$43$1,018
14$67$41$951
15$70$38$881
16$73$35$808
17$76$32$733
18$79$29$654
19$82$25$571
20$86$22$486
21$89$18$396
22$93$15$303
23$97$11$206
24$101$7$105
25$105$2$0

At the end of your 5-year term

Total paid over the term
$538
Principal paid down
$214
Interest paid
$324
Balance remaining
$1,466

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 CENTURY 21 MILLENNIUM INC.. MLS®/PropTx.

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