311-1 Scott Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13802480

$348,800
For Sale
Listed 31 days agoNo offer date stated
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◎ Directions
1Bathrooms
0Parking
0-499Sq ft

About this home

In short

  • Recently updated studio of approximately 345 sq. ft. at London on the Esplanade, steps to St.
  • Bright, open concept layout with brand-new light hardwood flooring, updated grey kitchen cabinetry, granite countertops, brand-new stainless steel appliances and...
  • Building amenities include 24-hour concierge, fitness centre with yoga studio, outdoor pool, party room, theatre, library lounge, guest suites and BBQ area.

Recently updated studio of approximately 345 sq. ft. at London on the Esplanade, steps to St.Lawrence Market, Union Station, the Financial District and the waterfront. Bright, open concept layout with brand-new light hardwood flooring, updated grey kitchen cabinetry, granite countertops, brand-new stainless steel appliances and upgraded in-suite laundry. Functional downtown floor plan well suited as a first home, pied-à-terre or investment. Building amenities include 24-hour concierge, fitness centre with yoga studio, outdoor pool, party room, theatre, library lounge, guest suites and BBQ area. One locker included. Maintenance fees include heat and water; hydro is separately metered. Move-in ready.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13802480
Bathrooms
1
Size
0-499 sq ft
Lot
0.824
Cross streets
Front St/Yonge St
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Unknown
Maintenance
$312/mo
Exposure
East
Property tax
$1,991 / 2026
Days on market
31
Listing brokerage
ROYAL LEPAGE TERREQUITY REALTY

Rooms

Living RoomFlat5.18 × 3.66 m

combined w/br · hardwood floor

BedroomFlat5.18 × 3.66 m

combined w/kitchen · hardwood floor

KitchenFlat5.18 × 3.66 m

combined w/living · granite counters · modern kitchen

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

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.

Nearby neighbourhoods

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

Church-Yonge Corridor
$953K
Moss Park
$549K
Waterfront Communities C1
$682K
Kensington-Chinatown
$585K
North St. James Town
$649K

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 · 0.9 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
St Michael's Choir (Sr) School · Catholic secondary1.0 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary1.0 km · 98% at standard
Contact Alternative School School · Public secondary1.4 km
St Paul Catholic School · Catholic elementary1.5 km · 62% at standard
Ogden Junior Public School · Public elementary1.7 km · 69% at standard
Lord Dufferin Junior and Senior Public School · Public elementary1.7 km · 55% at standard
Nelson Mandela Park Public School · Public elementary1.7 km · 47% at standard
Bishop Macdonell Catholic School · Catholic elementary1.8 km · 82% at standard
Jean Lumb Public School · Public elementary1.8 km · 73% at standard
Heydon Park Secondary School · Public secondary1.8 km · 8% at standard
Oasis Alternative Secondary School · Public secondary1.9 km
ALPHA Alternative Junior School · Public elementary1.9 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$1,590/mo
$75KIncome needed
4.6×Price ÷ income
$367Weekly cost
$7,414Land transfer tax, one-time (Ontario + Toronto)
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 $1,590Property tax $166Condo fee $312Total carry $2,067

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,543per month

Mortgage amount $279,040 · 4.49% over 25 years

$69,760Down payment (20.0%)
$279,040Loan before insurance
$0CMHC premium
$2,021Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,543
Property tax
$166
Condo / maintenance fees
$312
Heating
$0
Estimated monthly cost
$2,021

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

One-time closing costs

Ontario land transfer tax
$3,707
Toronto municipal land transfer tax
$3,707
Estimated closing costs
$7,414

Plus your down payment of $69,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,867/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

$183,818Total interest paid
$462,858Total of all payments
Principal $279,040 Interest $183,818
YearPrincipalInterestBalance
1$6,227$12,287$272,813
2$6,510$12,005$266,303
3$6,805$11,709$259,498
4$7,114$11,400$252,384
5$7,437$11,077$244,946
6$7,775$10,739$237,171
7$8,128$10,386$229,044
8$8,497$10,017$220,546
9$8,883$9,631$211,664
10$9,286$9,228$202,378
11$9,708$8,807$192,670
12$10,149$8,366$182,521
13$10,609$7,905$171,912
14$11,091$7,423$160,821
15$11,595$6,920$149,226
16$12,121$6,393$137,105
17$12,671$5,843$124,434
18$13,247$5,268$111,187
19$13,848$4,666$97,339
20$14,477$4,037$82,862
21$15,134$3,380$67,728
22$15,821$2,693$51,906
23$16,540$1,975$35,367
24$17,291$1,224$18,076
25$18,076$439$0

At the end of your 5-year term

Total paid over the term
$92,572
Principal paid down
$34,094
Interest paid
$58,478
Balance remaining
$244,946

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$2,300/mo
$27,600Gross annual rent
5.2%Cap rate after taxes and upkeep

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.

7.9%
Gross yield
− Property tax $1,991− Condo fees $3,740− Insurance $600− Vacancy & upkeep $3,036Net operating income $18,233

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

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