612-215 Fort York Boulevard, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13829898

$564,980
For Sale
Listed 24 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Nestled in the vibrant waterfront of Toronto, this stunning 1-bed plus home office den offers views of the Garrison at Fort York, steps from the tranquil waters of...
  • Large den, open-concept kitchen, and living space with floor-to-ceiling windows.
  • 1 parking space for your convenience.
  • Immerse yourself in the dynamic energy of Toronto while enjoying the comfort and convenience of modern amenities such as an indoor pool, rooftop patio, gym, visitor...

Nestled in the vibrant waterfront of Toronto, this stunning 1-bed plus home office den offers views of the Garrison at Fort York, steps from the tranquil waters of Lake Ontario. Large den, open-concept kitchen, and living space with floor-to-ceiling windows. Granite kitchen counters and island. One four-piece bathroom and ensuite laundry. 1 parking space for your convenience. Excellent opportunity to experience the epitome of urban sophistication in one of Toronto's most coveted locations. Immerse yourself in the dynamic energy of Toronto while enjoying the comfort and convenience of modern amenities such as an indoor pool, rooftop patio, gym, visitor parking, theatre room, billiards room, and concierge. Steps to bike paths, TTC, King West restaurants, CNE & more!

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C13829898
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
Fleet St & Fort York Blvd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$599/mo
Exposure
North
Property tax
$2,345 / 2025
Days on market
24
Listing brokerage
RE/MAX REALTY ENTERPRISES INC.

Rooms

Living RoomFlat6.40 × 3.29 m

combined w/dining · hardwood floor · w/o to balcony

DenFlat2.80 × 2.44 m

Hardwood Floor

Primary BedroomFlat3.55 × 2.74 m

window · closet · hardwood floor

KitchenFlat6.40 × 3.29 m

combined w/dining · granite counters · open concept

Dining RoomFlat6.40 × 3.29 m

combined w/living · hardwood floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$550Klikely sale price

Listed at $564,980. Going by how homes in Niagara have actually closed against their asking prices (about 97%, 118 local closings in 90 days), the likely sale price is near $550K, if it sells. A realistic range is $518K to $595K.

Independent value check: $469K. Without looking at the asking price, our model values the home itself about 17% below the ask (homes like it typically land between $436K and $493K).

Why $469K. The typical condo sold in Niagara over the past year went for about $620K (1357 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $2,345 a year; the typical home sold here pays about $3,300.
  • ▼ Lowers it stronglyIt is 500 to 599 sq ft; the typical home sold here is 700 to 799.
List price
$518KBelow recent closings$595KAbove recent closings

Total price vs nearby homes. Likely closing about $550K, from 118 recent closings in this pocket.

The market behind the math:

118sold nearby · 90 days
$591Kmedian sold price
97%of asking, on average
~25 dayshomes like this take to sell
24days on market so far
$2,325/moest. rent · 23 leases
4.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.2 months of inventory: 7 condo apartment homes for sale in the area against 118 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 $1,028/sqft against an area asking average of $879/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 118 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $471K. Condition and finishes remain an 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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

Based on 16 homes sold in this building over the past year, from 500 closings in Niagara.

What sellers nearby are askingCurrently listed nearby · asking prices
$509kavg 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 $827/sqft; this home lists at $1,028/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
565kThis home539k529k460kThis 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.

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 · 0.6 km awayAround the GTA average · 74% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
City School · Public secondary0.6 km · 58% at standard
Jean Lumb Public School · Public elementary0.9 km · 73% at standard
Niagara Street Junior Public School · Public elementary0.9 km · 82% at standard
St Mary Catholic School · Catholic elementary1.0 km · 64% at standard
Oasis Alternative Secondary School · Public secondary1.2 km
ALPHA Alternative Junior School · Public elementary1.2 km
Charles G Fraser Junior Public School · Public elementary1.4 km · 74% at standard
Givins/Shaw Junior Public School · Public elementary1.5 km · 81% at standard
Ryerson Community School Junior Senior · Public elementary1.7 km · 52% at standard
Ogden Junior Public School · Public elementary1.7 km · 69% at standard
Msgr Fraser College (Southwest) · Catholic secondary1.7 km
Pope Francis Catholic School · Catholic elementary2.1 km · 67% at standard

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

Affordability & Mortgage

Affordability
$2,575/mo
$119KIncome needed
4.8×Price ÷ income
$594Weekly cost
$15,549Land 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 $2,575Property tax $195Condo fee $599Total carry $3,370

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)
$2,499per month

Mortgage amount $451,984 · 4.49% over 25 years

$112,996Down payment (20.0%)
$451,984Loan before insurance
$0CMHC premium
$3,294Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,499
Property tax
$195
Condo / maintenance fees
$599
Heating
$0
Estimated monthly cost
$3,294

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

One-time closing costs

Ontario land transfer tax
$7,775
Toronto municipal land transfer tax
$7,775
Estimated closing costs
$15,549

Plus your down payment of $112,996. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,025/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

$297,745Total interest paid
$749,729Total of all payments
Principal $451,984 Interest $297,745
YearPrincipalInterestBalance
1$10,086$19,903$441,898
2$10,544$19,445$431,353
3$11,023$18,966$420,330
4$11,524$18,466$408,807
5$12,047$17,942$396,760
6$12,594$17,395$384,166
7$13,166$16,824$371,001
8$13,763$16,226$357,237
9$14,388$15,601$342,849
10$15,042$14,948$327,807
11$15,724$14,265$312,083
12$16,438$13,551$295,645
13$17,185$12,804$278,460
14$17,965$12,024$260,495
15$18,781$11,208$241,714
16$19,633$10,356$222,081
17$20,525$9,464$201,556
18$21,457$8,532$180,099
19$22,431$7,558$157,668
20$23,449$6,540$134,218
21$24,514$5,475$109,704
22$25,627$4,362$84,077
23$26,791$3,198$57,286
24$28,007$1,982$29,279
25$29,279$710$0

At the end of your 5-year term

Total paid over the term
$149,946
Principal paid down
$55,224
Interest paid
$94,722
Balance remaining
$396,760

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 23 whole-home leases in Niagara$2,325/mo
$27,900Gross annual rent
2.6%Cap rate after taxes and upkeep
$2,209 to $2,575Typical rent range
~16 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 23 whole-home leases in Niagara signed at a median of $2,450 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,325. 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.

4.9%
Gross yield
− Property tax $2,345− Condo fees $7,191− Insurance $600− Vacancy & upkeep $3,069Net operating income $14,695

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

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