2301-21 Grand Magazine Street, Toronto, ON

Niagara, Toronto · MLS® C13805810

$1,429,000
For Sale
Listed 30 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Parking
1400-1599Sq ft

About this home

In short

  • Have You Been Waiting For That Special Condo That Is Modern Yet Warm And Welcoming.
  • Condo Has Been Recently Thoughtfully Renovated With Quality Finishes Throughout.
  • The Designed Open-Concept Layout Seamlessly Connects The Living, Dining, And Kitchen Spaces, Making It Ideal For Both Entertaining And Everyday Living.
  • Quality Finishes Can Be Found Throughout, Including Premium Engineered Hardwood Flooring, Elegant Quartz Countertops, 9 ft Ceilings, Crown Moldings On...
  • Fantastic Building Amenities 24h Concierge, Indoor Pool, Fitness Centre, Hot Tub, Sauna, Guest Suites, Roof Top Terrace.

Have You Been Waiting For That Special Condo That Is Modern Yet Warm And Welcoming. This Spectacular 1440 Sq Ft. 2 Bed Plus Den (Easily Function As a Third Bedroom ,Guest Suite, or Office) ,2 Bath Sun Filled South Facing Condo Boasts Breathtaking Lake Views With Three Private Balconies. Condo Has Been Recently Thoughtfully Renovated With Quality Finishes Throughout. The Designed Open-Concept Layout Seamlessly Connects The Living, Dining, And Kitchen Spaces, Making It Ideal For Both Entertaining And Everyday Living. Quality Finishes Can Be Found Throughout, Including Premium Engineered Hardwood Flooring, Elegant Quartz Countertops, 9 ft Ceilings, Crown Moldings On Doors/Ceilings/Floors, Stainless Steel Appliance, And Tasteful Modern Details That Showcase True Pride Of Ownership. The Primary Bedroom Is a Serene Retreat, Featuring a Walk-in Closet And a Spa Inspired Ensuite Bathroom Upgraded and Finished with Premium Fixtures and Finishes. A Fully Updated Second Bathroom Continues The Theme of Refined Modern Elegance. Additional Conveniences Include a Separate Laundry Room With Extra Storage And a Full-Size Washer and Dryer. Included Are 1 Locker and 1 Parking Space. Fantastic Building Amenities 24h Concierge, Indoor Pool, Fitness Centre, Hot Tub, Sauna, Guest Suites, Roof Top Terrace. Just steps away from Rogers Centre, Scotiabank Arena, BMO Field Trendy Restaurants, Cafes, Shopping, TTC Streetcar, Union Station And Billy Bishop Toronto City Island Airport All Walking Distance. Whether You Love Relaxed Lakeside Strolls, Urban Conveniences, or Dynamic City Life, This Location Has It All.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13805810
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1400-1599 sq ft
Cross streets
Lakeshore/ Bathurst
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,145/mo
Exposure
South
Property tax
$5,380 / 2026
Days on market
30
Listing brokerage
RE/MAX ULTIMATE REALTY INC.

Rooms

KitchenMain4.56 × 3.32 m

granite counters · stainless steel appl · centre island

Primary BedroomMain4.57 × 2.77 m

4 pc ensuite · walk-in closet(s) · w/o to balcony

Bedroom 2Main4.23 × 2.86 m

3 pc bath · w/o to balcony · hardwood floor

Dining RoomMain4.35 × 3.32 m

pot lights · laminate · dropped ceiling

DenMain3.41 × 3.04 m

hardwood floor · overlook water · w/o to balcony

OtherMain3.00 × 3.00 m

East View

LaundryMain2.00 × 2.30 m

ceramic floor · separate room

OtherMain3.00 × 3.00 m

Overlook Water

Living RoomMain3.96 × 3.38 m

w/o to balcony · fireplace · overlook water

FoyerMain2.00 × 2.40 m

hardwood floor · double closet · overlooks living

OtherMain3.00 × 3.00 m

Overlook Water

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

Its public catchment (The Waterfront School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Neighbourhood & location

Niagara, 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.

Waterfront Communities C1
$610K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K
Waterfront Communities C8
$554K
North St. James Town
$765K

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 The Waterfront School
74%
The Waterfront SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 74% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
City School · Public secondary0.4 km · 58% at standard
Jean Lumb Public School · Public elementary0.7 km · 73% at standard
Niagara Street Junior Public School · Public elementary1.0 km · 82% at standard
St Mary Catholic School · Catholic elementary1.0 km · 64% at standard
Oasis Alternative Secondary School · Public secondary1.1 km
ALPHA Alternative Junior School · Public elementary1.1 km
Charles G Fraser Junior Public School · Public elementary1.5 km · 74% at standard
Ogden Junior Public School · Public elementary1.6 km · 69% at standard
Ryerson Community School Junior Senior · Public elementary1.6 km · 52% at standard
Givins/Shaw Junior Public School · Public elementary1.7 km · 81% at standard
Msgr Fraser College (Southwest) · Catholic secondary1.9 km
Contact Alternative School School · Public secondary2.1 km

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

Affordability & Mortgage

Affordability
$6,513/mo
$286KIncome needed
5.0×Price ÷ income
$1,503Weekly cost
$50,110Land 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.

80%mortgage
Mortgage $6,513Property tax $448Condo fee $1,145Total carry $8,106

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,321per month

Mortgage amount $1,143,200 · 4.49% over 25 years

$285,800Down payment (20.0%)
$1,143,200Loan before insurance
$0CMHC premium
$7,914Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,321
Property tax
$448
Condo / maintenance fees
$1,145
Heating
$0
Estimated monthly cost
$7,914

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

One-time closing costs

Ontario land transfer tax
$25,055
Toronto municipal land transfer tax
$25,055
Estimated closing costs
$50,110

Plus your down payment of $285,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,650/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

$753,085Total interest paid
$1,896,285Total of all payments
Principal $1,143,200 Interest $753,085
YearPrincipalInterestBalance
1$25,511$50,340$1,117,689
2$26,670$49,182$1,091,019
3$27,881$47,971$1,063,138
4$29,146$46,705$1,033,992
5$30,470$45,382$1,003,522
6$31,853$43,998$971,669
7$33,300$42,552$938,369
8$34,811$41,040$903,558
9$36,392$39,459$867,166
10$38,044$37,807$829,121
11$39,772$36,080$789,349
12$41,578$34,274$747,772
13$43,465$32,386$704,306
14$45,439$30,413$658,868
15$47,502$28,349$611,366
16$49,659$26,193$561,707
17$51,913$23,938$509,793
18$54,271$21,581$455,523
19$56,735$19,117$398,788
20$59,311$16,541$339,477
21$62,004$13,848$277,474
22$64,819$11,033$212,655
23$67,762$8,090$144,893
24$70,838$5,013$74,055
25$74,055$1,797$0

At the end of your 5-year term

Total paid over the term
$379,257
Principal paid down
$139,678
Interest paid
$239,579
Balance remaining
$1,003,522

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$4,750/mo
$57,000Gross annual rent
2.2%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.

4.0%
Gross yield
− Property tax $5,380− Condo fees $13,740− Insurance $600− Vacancy & upkeep $6,270Net operating income $31,010

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

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