803-151 Dan Leckie Way, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13712626

$897,800
For Sale
Just listed today
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3Bedrooms
3Bathrooms
2Garage
1200-1399Sq Ft

About this home

Welcome to sophisticated downtown living in the heart of CityPlace. This impressive 3-bedroom, 3-bathroom corner suite features two private balconies and desirable south-facing views overlooking Canoe Landing Park and Lake Ontario. Floor-to-ceiling wraparound windows fill the suite with natural light while showcasing beautiful park, lake and city views. The bright, modern interior features laminate flooring, upgraded bathrooms and stylish contemporary furnishings.Enjoy an exceptional collection of building amenities including 24-hour concierge, 25-metre indoor lap pool, whirlpool, steam room, squash court, outdoor BBQ area, daycare, dog spa and visitor parking.Ideally situated in one of downtown Toronto's most convenient communities, just steps to Canoe Landing Park, Rogers Centre, CN Tower, Queen's Quay, waterfront, shopping, dining, entertainment, schools and community centre, with convenient access to the Gardiner Expressway and DVP.EXTRAS: Built-in kitchen appliances including fridge, cooktop/stove, microwave, oven and dishwasher; stacked washer and dryer; window coverings; 2 underground parking spaces and 2 lockers

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13712626
Bedrooms
3
Bathrooms
3
Size
1200-1399
Cross streets
Spadina Ave & Fort York Blvd.
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,317/mo
Exposure
South
Property tax
$5,647 / 2026
Listing brokerage
SUTTON GROUP-HERITAGE REALTY INC.

Rooms

Living RoomGround4.22 × 4.19 m

combined w/kitchen · south view · w/o to balcony

Bedroom 2Ground3.81 × 2.77 m

Large Closet

Bedroom 3Ground2.90 × 4.05 m

closet · balcony

Primary BedroomGround3.96 × 2.62 m

south view · overlooks park · 3 pc ensuite

KitchenGround3.07 × 4.19 m

centre island · b/i appliances · open concept

DenGround3.45 × 1.96 m

open concept · combined w/kitchen · hardwood floor

Our TakeTeam Asgarian · Broker
Above comparables
$686Kest. value

Listed at $897,800, and my independent estimate is about 31% above what comparable homes suggest.

In Waterfront Communities C1 lately, sellers get about 96% of asking; homes sell in ~44 days.

List price
$672KGreat deal$898KOverpriced

Total price vs nearby homes. Fair value about $686K, median of 7 comparables.

How this estimate is builtthe short version

I take the 7 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 $1.02M, higher than the comparables and worth a second look.

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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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.

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

Priced above comparable homes overall, but the price per square foot ($691/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 7 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$986kavg asking

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

1427-543 Richmond Street$1.05M3806-318 Richmond Street$1.15M5208-14 York Street$899k1203-33 University Avenue$836k2212-33 Bay Street$998k

The 5 closest of 8 active listings nearby.

See all comparable homes
898kThis home1.05M1.15M899k836k998kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $1.15M
$691this home / sqft
18active listings nearby
100sold nearby · 90 days
$688Kmedian sold price
96%of asking, on average

This home lists 31% below the area average of $996/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
$527K
Bay Street Corridor
$511K
Annex
$1.09M
Mimico
$630K
Mount Pleasant West
$588K

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
$4,092/mo
$200KIncome needed
4.5×Price ÷ income
$944Weekly 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.

70%mortgage
Mortgage $4,092Property tax $471Condo fee $1,317Total carry $5,879

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of August 26, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,872per month

Mortgage amount $718,240 · 4.24% over 25 years

$179,560Down payment (20.0%)
$718,240Loan before insurance
$0CMHC premium
$5,660Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,872
Property tax
$471
Condo / maintenance fees
$1,317
Heating
$0
Estimated monthly cost
$5,660

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

One-time closing costs

Ontario land transfer tax
$14,431
Toronto municipal land transfer tax
$14,431
Estimated closing costs
$28,862

Plus your down payment of $179,560. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$4,698/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

$443,394Total interest paid
$1,161,634Total of all payments
Principal $718,240 Interest $443,394
YearPrincipalInterestBalance
1$16,595$29,871$701,645
2$17,306$29,159$684,339
3$18,047$28,418$666,292
4$18,821$27,645$647,471
5$19,627$26,838$627,844
6$20,468$25,997$607,376
7$21,345$25,120$586,030
8$22,260$24,205$563,771
9$23,214$23,252$540,557
10$24,208$22,257$516,348
11$25,246$21,220$491,103
12$26,328$20,138$464,775
13$27,456$19,010$437,319
14$28,632$17,833$408,687
15$29,859$16,606$378,828
16$31,138$15,327$347,690
17$32,473$13,993$315,217
18$33,864$12,601$281,353
19$35,315$11,150$246,038
20$36,828$9,637$209,210
21$38,406$8,059$170,803
22$40,052$6,413$130,751
23$41,768$4,697$88,983
24$43,558$2,907$45,425
25$45,425$1,041$0

At the end of your 5-year term

Total paid over the term
$232,327
Principal paid down
$90,396
Interest paid
$141,931
Balance remaining
$627,844

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$4,100/mo
$49,200Gross annual rent
2.4%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.

5.5%
Gross yield
− Property tax $5,647− Condo fees $15,802− Insurance $600− Vacancy & upkeep $5,412Net operating income $21,739

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

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