3215-115 Blue Jays Way, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13669258

$485,000
For Sale
Just listed today
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1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Luxurious King Blue Condos in Prime Downtown Toronto on King St W in the Entertainment District. Must-See One Bedroom Unit on a High Floor is Sun-drenched with a Beautiful East View, Overlooking the City Skyline & CN Tower. 9 ft Floor to Ceiling Windows, Open Concept, Modern Kitchen, and Ensuite. Perfect for the urban lover in the Heart of the City. Walk to Financial District (also via the PATH underground), Waterfront, TTC Subway St Andrew Station or Union Station, Hospital Row, Queen West, 5 Star Hotels (Bisha, Ritz Carlton, Shangri La) Billy Bishop Airport, Rogers Center, and Scotiabank Arena. At your Footsteps are some of Toronto's Top Restaurants, Bars, Coffee Shops, and Shopping. Premium Building Amenities include 24 Hour Concierge, a Rooftop Terrace, Indoor Pool, Gym, Yoga Room, Party Room, and Games Room.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13669258
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
King St W & Blue Jays Way
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$415/mo
Exposure
East
Property tax
$2,835 / 2025
Listing brokerage
RIGHT AT HOME REALTY
Our TakeTeam Asgarian · Broker
Above comparables
$432Kest. value

Listed at $485,000, and my independent estimate is about 12% above what comparable homes suggest.

In Waterfront Communities C1 lately, sellers get about 96% of asking; homes sell in ~37 days.

List price
$409KGreat deal$485KOverpriced

Total price vs nearby homes. Fair value about $432K, median of 6 comparables.

How this estimate is builtthe short version

I take the 6 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 $461K, a close match.

What the listing highlights2 points to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($883/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 6 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$503kavg asking

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

PH08-352 Front Street$470k305-25 Lower Simcoe Street$515k312-350 Wellington Street$489k901-508 Wellington Street$489k2809-18 Yonge Street$550k

The 5 closest of 8 active listings nearby.

See all comparable homes
485kThis home470k515k489k489k550kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $598K
$883this home / sqft
51active listings nearby
100sold nearby · 90 days
$587Kmedian sold price
96%of asking, on average

This home lists 5% below the area average of $926/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.

Church-Yonge Corridor
$540K
Moss Park
$439K
Mimico
$675K
York University Heights
$456K
Bayview Village
$459K

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 · 0.6 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$2,210/mo
$103KIncome needed
4.7×Price ÷ income
$510Weekly 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.

77%mortgage
Mortgage $2,210Property tax $236Condo fee $415Total carry $2,862

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%
$
%
4.19%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.04% via Ratehub.ca (as of August 13, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,081per month

Mortgage amount $388,000 · 4.19% over 25 years

$97,000Down payment (20.0%)
$388,000Loan before insurance
$0CMHC premium
$2,732Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,081
Property tax
$236
Condo / maintenance fees
$415
Heating
$0
Estimated monthly cost
$2,732

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

One-time closing costs

Ontario land transfer tax
$6,175
Toronto municipal land transfer tax
$6,175
Estimated closing costs
$12,350

Plus your down payment of $97,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.19%Qualifying rate
$2,526/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

$236,335Total interest paid
$624,335Total of all payments
Principal $388,000 Interest $236,335
YearPrincipalInterestBalance
1$9,027$15,947$378,973
2$9,409$15,564$369,564
3$9,807$15,166$359,757
4$10,223$14,751$349,534
5$10,656$14,318$338,878
6$11,107$13,867$327,772
7$11,577$13,396$316,195
8$12,067$12,906$304,128
9$12,578$12,395$291,550
10$13,111$11,863$278,439
11$13,666$11,308$264,773
12$14,244$10,729$250,529
13$14,847$10,126$235,682
14$15,476$9,498$220,206
15$16,131$8,842$204,075
16$16,814$8,159$187,261
17$17,526$7,447$169,735
18$18,268$6,705$151,467
19$19,041$5,932$132,425
20$19,848$5,126$112,578
21$20,688$4,285$91,890
22$21,564$3,410$70,326
23$22,477$2,497$47,849
24$23,429$1,545$24,420
25$24,420$553$0

At the end of your 5-year term

Total paid over the term
$124,867
Principal paid down
$49,122
Interest paid
$75,745
Balance remaining
$338,878

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$1,700/mo
$20,400Gross annual rent
2.0%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.

4.2%
Gross yield
− Property tax $2,835− Condo fees $4,978− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,743

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

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