1109-38 Dan Leckie Way, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13820260

$599,900
For Sale
Listed 26 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Spectacular, renovated 1+1 with CN tower and skyline views, parking and a locker in the heart of downtown.
  • Newer full size custom Chef's kitchen with a large island, new cabinets and appliances, new hood vent, quartz counters, sleek fixtures, and custom built ins.
  • Other upgrades include newer full size washer and dryer, custom sliding glass doors that make the den an ideal 2nd bedroom or home office.
  • Super convenient location that is steps to transit, the Gardiner, Loblaws, the financial district, Shoppers and everything that downtown has to offer.
  • Nearly impossible to find view at this price point and a recent high caliber renovation distinguishes this unit from others.

Spectacular, renovated 1+1 with CN tower and skyline views, parking and a locker in the heart of downtown! Awesome split bed/den layout. Newer full size custom Chef's kitchen with a large island, new cabinets and appliances, new hood vent, quartz counters, sleek fixtures, and custom built ins. Newer flooring. Spacious living room with space for real furniture. Other upgrades include newer full size washer and dryer, custom sliding glass doors that make the den an ideal 2nd bedroom or home office. Inviting foyer and good closets. Step outside to your large 100 sq ft balcony with mesmerizing views of the skyline and a perfectly framed perspective of the CN tower. Awesome building with friendly and attentive management. Exceptional amenities including BBQ friendly outdoor space, outdoor hot tub, bike storage, guest suites, gym, sauna, party room, visitor parking and a 24 hr concierge for home deliveries. The super low maintenance fees are amongst the most competitive in the downtown core, which include heat, water and AC! Super convenient location that is steps to transit, the Gardiner, Loblaws, the financial district, Shoppers and everything that downtown has to offer! Nearly impossible to find view at this price point and a recent high caliber renovation distinguishes this unit from others. 655 sq ft of perfection! This is a rare opportunity!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13820260
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Lakeshore/Bathurst
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$468/mo
Exposure
East
Property tax
$2,850 / 2026
Days on market
26
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Primary BedroomMain3.40 × 2.45 m

broadloom · semi ensuite · large closet

Living RoomMain3.82 × 3.38 m

wood · w/o to balcony · east view

Dining RoomMain5.36 × 3.48 m

wood · combined w/kitchen · centre island

DenMain2.24 × 1.65 m

wood · separate room · sliding doors

KitchenMain5.36 × 3.48 m

wood · renovated · quartz counter

Our TakeTeam Asgarian · Broker
A small discount is typical
$581Klikely sale price

Listed at $599,900. Going by how homes in Waterfront Communities C1 have actually closed against their asking prices (about 97%, 283 local closings in 90 days), the likely sale price is near $581K, if it sells. A realistic range is $548K to $629K.

Independent value check: $546K. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $508K and $574K).

Why $546K. The typical condo sold in Waterfront Communities C1 over the past year went for about $620K (1357 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,850 a year; the typical home sold here pays about $3,300.
  • ▼ Lowers it slightlyIt is 600 to 699 sq ft; the typical home sold here is 700 to 799.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
List price
$548KBelow recent closings$629KAbove recent closings

Total price vs nearby homes. Likely closing about $581K, from 283 recent closings in this pocket.

The market behind the math:

283sold nearby · 90 days
$620Kmedian sold price
96%of asking, on average
+1%prices vs a year ago
~29 dayshomes like this take to sell
26days on market so far
$2,570/moest. rent · 67 leases
5.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.7 months of inventory: 69 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 $924/sqft against an area asking average of $918/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 283 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $604K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • 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 The Waterfront 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 ($924/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 17 homes sold in this building over the past two years, from 518 closings in Waterfront Communities C1.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$595kavg 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 $916/sqft; this home lists at $924/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
600kThis home600k599k609k589k579kThis 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.

Niagara
$724K
Kensington-Chinatown
$585K
Little Portugal
$549K
Church-Yonge Corridor
$876K
Waterfront Communities C8
$554K

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 · 0.2 km awayAround the GTA average · 74% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Jean Lumb Public School · Public elementary0.4 km · 73% at standard
Oasis Alternative Secondary School · Public secondary0.9 km
ALPHA Alternative Junior School · Public elementary0.9 km
St Mary Catholic School · Catholic elementary1.1 km · 64% at standard
Niagara Street Junior Public School · Public elementary1.1 km · 82% at standard
Ogden Junior Public School · Public elementary1.4 km · 69% at standard
Charles G Fraser Junior Public School · Public elementary1.5 km · 74% at standard
Ryerson Community School Junior Senior · Public elementary1.6 km · 52% at standard
Givins/Shaw Junior Public School · Public elementary1.9 km · 81% at standard
Contact Alternative School School · Public secondary1.9 km
Heydon Park Secondary School · Public secondary2.0 km · 8% at standard
Beverley School · Public elementary2.1 km

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

Affordability & Mortgage

Affordability
$2,734/mo
$124KIncome needed
4.8×Price ÷ income
$631Weekly cost
$16,946Land 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.

79%mortgage
Mortgage $2,734Property tax $238Condo fee $468Total carry $3,439

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)
$2,654per month

Mortgage amount $479,920 · 4.49% over 25 years

$119,980Down payment (20.0%)
$479,920Loan before insurance
$0CMHC premium
$3,359Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,654
Property tax
$238
Condo / maintenance fees
$468
Heating
$0
Estimated monthly cost
$3,359

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

One-time closing costs

Ontario land transfer tax
$8,473
Toronto municipal land transfer tax
$8,473
Estimated closing costs
$16,946

Plus your down payment of $119,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,212/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

$316,148Total interest paid
$796,068Total of all payments
Principal $479,920 Interest $316,148
YearPrincipalInterestBalance
1$10,710$21,133$469,210
2$11,196$20,647$458,014
3$11,704$20,138$446,310
4$12,236$19,607$434,074
5$12,791$19,051$421,283
6$13,372$18,471$407,910
7$13,979$17,863$393,931
8$14,614$17,229$379,317
9$15,278$16,565$364,040
10$15,971$15,872$348,068
11$16,696$15,146$331,372
12$17,454$14,388$313,918
13$18,247$13,596$295,671
14$19,075$12,767$276,595
15$19,942$11,901$256,654
16$20,847$10,996$235,807
17$21,793$10,049$214,013
18$22,783$9,060$191,230
19$23,817$8,025$167,413
20$24,899$6,944$142,514
21$26,029$5,813$116,485
22$27,211$4,632$89,273
23$28,447$3,396$60,827
24$29,738$2,104$31,089
25$31,089$754$0

At the end of your 5-year term

Total paid over the term
$159,214
Principal paid down
$58,637
Interest paid
$100,576
Balance remaining
$421,283

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 67 whole-home leases in Waterfront Communities C1$2,570/mo
$30,840Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,441 to $2,717Typical 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 67 whole-home leases in Waterfront Communities C1 signed at a median of $2,611 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,570. 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.

5.1%
Gross yield
− Property tax $2,850− Condo fees $5,614− Insurance $600− Vacancy & upkeep $3,392Net operating income $18,383

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

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