931-3 Concord City Place Way, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13814090

$1,050,000
For Sale
Listed 27 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Rarely Offered Spacious 3-Bedroom, 2-Bathroom Suite Featuring Approximately 950 Sq.
  • Of Interior Living Space Plus An Impressive 222 Sq.
  • This Functional And Well-Designed Layout Offers An Open-Concept Living And Dining Area, A Modern Kitchen With Ample Counter Space, And Three Generously Sized Bedrooms.
  • The Primary Bedroom Features A Walk-In Closet, Private Ensuite Bath, And Direct Balcony Access.

Rarely Offered Spacious 3-Bedroom, 2-Bathroom Suite Featuring Approximately 950 Sq. Ft. Of Interior Living Space Plus An Impressive 222 Sq. Ft. Private Balcony. This Functional And Well-Designed Layout Offers An Open-Concept Living And Dining Area, A Modern Kitchen With Ample Counter Space, And Three Generously Sized Bedrooms. The Primary Bedroom Features A Walk-In Closet, Private Ensuite Bath, And Direct Balcony Access. The Second Bedroom Also Enjoys Balcony Access, While The Third Bedroom Is Privately Positioned Away From The Main Living Area-Ideal For Family, Guests, Or A Home Office. Two Full Bathrooms, Ensuite Laundry, Excellent Storage, And An Expansive Balcony Spanning Nearly The Full Width Of The Suite Complete This Exceptional Urban Home.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13814090
Bedrooms
3
Bathrooms
2
Size
900-999 sq ft
Cross streets
Spadina / Front
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$822/mo
Exposure
North
Days on market
27
Listing brokerage
PROMPTON REAL ESTATE SERVICES CORP.
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.02Mlikely sale price

Listed at $1,050,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $1.02M, typically $959K to $1.10M. Comparable closings on their own put this home around $895K, about 15% below the ask.

List price
$959KBelow recent closings$1.10MAbove recent closings

Total price vs nearby homes. Likely closing about $1.02M, from 283 recent closings in this pocket.

The market behind the math:

283sold nearby · 90 days
$620Kmedian sold price
96%of asking, on average
~29 dayshomes like this take to sell
27days on market so far
$3,835/moest. rent · 7 leases
4.4%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.3 months of inventory: 28 condo apartment homes for sale in the area against 283 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,106/sqft against an area asking average of $1,029/sqft.

How this estimate is builtthe short version

I take the 283 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), 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.

What the listing highlights2 points to weigh

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

  • Primary suite: a key comfort and resale feature. Lifestyle
  • 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 12 homes sold in this building over the past 5 months, from 500 closings in Waterfront Communities C1.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$1.06Mavg asking

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

Per square foot, these ask about $1,072/sqft; this home lists at $1,106/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.05MThis home759k820k1.60MThis home vs active comparables

Sold price trend

Median sold price for condos in Waterfront Communities C1: $621K in September 2026, down 6% from a year ago, on 1,320 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$655K132
November 2025$618K116
December 2025$690K78
January 2026$601K78
February 2026$648K105
March 2026$640K109
April 2026$615K124
May 2026$608K135
June 2026$610K139
July 2026$600K94
August 2026$588K117
September 2026$621K93

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.

Kensington-Chinatown
$585K
Niagara
$741K
Church-Yonge Corridor
$876K
Waterfront Communities C8
$554K
Moss Park
$549K

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
Also nearby: 12 more schools within 2.5 km
Oasis Alternative Secondary School · Public secondary0.7 km
ALPHA Alternative Junior School · Public elementary0.7 km
The Waterfront School · Public elementary0.7 km · 74% at standard
Ogden Junior Public School · Public elementary1.0 km · 69% at standard
St Mary Catholic School · Catholic elementary1.1 km · 64% at standard
Niagara Street Junior Public School · Public elementary1.3 km · 82% at standard
Ryerson Community School Junior Senior · Public elementary1.4 km · 52% at standard
Contact Alternative School School · Public secondary1.4 km
Heydon Park Secondary School · Public secondary1.5 km · 8% at standard
Charles G Fraser Junior Public School · Public elementary1.6 km · 74% at standard
Beverley School · Public elementary1.6 km
Subway Academy II · Public secondary1.6 km

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

Affordability & Mortgage

Affordability
$4,786/mo
$223KIncome needed
4.7×Price ÷ income
$1,104Weekly cost
$34,950Land 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.

76%mortgage
Mortgage $4,786Estimated property tax $656Condo fee $822Total carry $6,264

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)
$4,645per month

Mortgage amount $840,000 · 4.49% over 25 years

$210,000Down payment (20.0%)
$840,000Loan before insurance
$0CMHC premium
$6,123Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,645
Estimated property tax
$656
Condo / maintenance fees
$822
Heating
$0
Estimated monthly cost
$6,123

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

One-time closing costs

Ontario land transfer tax
$17,475
Toronto municipal land transfer tax
$17,475
Estimated closing costs
$34,950

Plus your down payment of $210,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,621/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

$553,351Total interest paid
$1,393,351Total of all payments
Principal $840,000 Interest $553,351
YearPrincipalInterestBalance
1$18,745$36,989$821,255
2$19,596$36,138$801,658
3$20,486$35,248$781,172
4$21,416$34,318$759,756
5$22,389$33,345$737,368
6$23,405$32,329$713,962
7$24,468$31,266$689,495
8$25,579$30,155$663,916
9$26,740$28,994$637,176
10$27,954$27,780$609,221
11$29,223$26,511$579,998
12$30,550$25,184$549,447
13$31,937$23,797$517,510
14$33,388$22,346$484,122
15$34,903$20,831$449,219
16$36,488$19,246$412,731
17$38,145$17,589$374,586
18$39,877$15,857$334,709
19$41,687$14,047$293,021
20$43,580$12,154$249,441
21$45,559$10,175$203,882
22$47,628$8,107$156,255
23$49,790$5,944$106,465
24$52,051$3,683$54,414
25$54,414$1,320$0

At the end of your 5-year term

Total paid over the term
$278,670
Principal paid down
$102,632
Interest paid
$176,038
Balance remaining
$737,368

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
From 7 whole-home leases in Waterfront Communities C1$3,835/mo
$46,020Gross annual rent
2.2%Cap rate after taxes and upkeep
$3,528 to $4,142Typical rent range
~15 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 7 whole-home leases in Waterfront Communities C1 signed at a median of $2,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,835. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.4%
Gross yield
− Property tax $7,350− Condo fees $9,863− Insurance $600− Vacancy & upkeep $5,062Net operating income $23,145

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PROMPTON REAL ESTATE SERVICES CORP.. MLS®/PropTx.

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