4003-55 bremner Boulevard, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13597356

$649,000
For Sale
Just listed today
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2Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Welcome to downtown Toronto living at its best. This bright and stylish 1+1-bedroom/den condo is ideally located on Bremner Boulevard, just steps from Scotiabank Arena, Union Station and the city's most iconic attractions.The functional open-concept layout features modern finishes, abundant natural light and a versatile den that is perfect for a home office, guest area or additional living space. Enjoy impressive city views and the convenience of having The PATH, Harbourfront, Rogers Centre, CN Tower, Ripley's Aquarium, the Financial District and Entertainment District all within walking distance.Surrounded by restaurants, cafés, shopping, transit and world-class entertainment, this residence offers an exceptional urban lifestyle. An excellent opportunity for professionals, investors or anyone seeking a convenient downtown pied-à-terre in the heart of Toronto. Short-term rentals, including Airbnb, are permitted, subject to condominium rules and municipal regulations. steps from Toronto's waterfront and Harbourfront.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13597356
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
York St & Bremner Blvd
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$674/mo
Exposure
North
Property tax
$3,206 / 2025
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Dining RoomFlat2.46 × 5.27 m

laminate · window floor to ceiling · combined w/living

KitchenFlat2.43 × 2.65 m

granite counters · stainless steel appl · open concept

Primary BedroomFlat3.10 × 2.43 m

laminate · mirrored closet · north view

Living RoomFlat2.46 × 5.27 m

laminate · open concept · large window

DenFlat2.43 × 2.65 m

separate room · laminate

Our TakeTeam Asgarian · Broker
Above comparables
$546Kest. value

Listed at $649,000, and my independent estimate is about 19% above what comparable homes suggest.

In Waterfront Communities C1 lately, sellers get about 97% of asking; homes sell in ~35 days.

List price
$541KGreat deal$649KOverpriced

Total price vs nearby homes. Fair value about $546K, median of 11 comparables.

How this estimate is builtthe short version

I take the 11 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $568K, a close match.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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.

Based on 11 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$629kavg asking

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

3805-318 Richmond Street$624k503-11 Brunel Court$619k2611-81 Navy Wharf Court$614k3812-488 University Avenue$699k3708-19 Grand Trunk Crescent$590k

The 5 closest of 8 active listings nearby.

See all comparable homes
649kThis home624k619k614k699k590kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $593K
$999this home / sqft
59active listings nearby
100sold nearby · 90 days
$580Kmedian sold price
97%of asking, on average

This home lists 6% above the area average of $940/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Moss Park
$894K
Church-Yonge Corridor
$611K
Niagara
$599K
Bay Street Corridor
$618K
Mimico
$527K

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 · 1.2 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$2,958/mo
$137KIncome needed
4.7×Price ÷ income
$683Weekly 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.

76%mortgage
Mortgage $2,958Property tax $267Condo fee $674Total carry $3,899

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)
$2,771per month

Mortgage amount $519,200 · 4.14% over 25 years

$129,800Down payment (20.0%)
$519,200Loan before insurance
$0CMHC premium
$3,712Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,771
Property tax
$267
Condo / maintenance fees
$674
Heating
$0
Estimated monthly cost
$3,712

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

One-time closing costs

Ontario land transfer tax
$9,455
Toronto municipal land transfer tax
$9,455
Estimated closing costs
$18,910

Plus your down payment of $129,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,365/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

$311,993Total interest paid
$831,193Total of all payments
Principal $519,200 Interest $311,993
YearPrincipalInterestBalance
1$12,163$21,085$507,037
2$12,672$20,576$494,365
3$13,202$20,046$481,163
4$13,754$19,494$467,409
5$14,329$18,918$453,080
6$14,929$18,319$438,151
7$15,553$17,695$422,598
8$16,204$17,044$406,394
9$16,882$16,366$389,512
10$17,588$15,660$371,925
11$18,323$14,924$353,601
12$19,090$14,158$334,512
13$19,888$13,359$314,623
14$20,720$12,528$293,903
15$21,587$11,661$272,316
16$22,490$10,758$249,826
17$23,431$9,817$226,396
18$24,411$8,837$201,985
19$25,432$7,816$176,553
20$26,495$6,752$150,058
21$27,604$5,644$122,454
22$28,758$4,489$93,696
23$29,961$3,286$63,735
24$31,214$2,033$32,520
25$32,520$728$0

At the end of your 5-year term

Total paid over the term
$166,239
Principal paid down
$66,120
Interest paid
$100,118
Balance remaining
$453,080

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$2,050/mo
$24,600Gross annual rent
1.5%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.

3.8%
Gross yield
− Property tax $3,206− Condo fees $8,089− Insurance $600− Vacancy & upkeep $2,706Net operating income $9,999

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

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