502-1 Concord Cityplace Way, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13839790

$529,999
For Sale
Listed 20 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Welcome to Concord Canada House.
  • This Unit Offers A Bright and Modern Living Space With Floor-to-Ceiling Windows With An Open Heated 45 SQFT Balcony With A Clear View.
  • Equipped With Great Amenities Including Brand New Meeting and Party Rooms, Fitness Centre, Indoor Pool, 24/7 Concierge, And More.

Welcome to Concord Canada House! This Unit Offers A Bright and Modern Living Space With Floor-to-Ceiling Windows With An Open Heated 45 SQFT Balcony With A Clear View. Located In The Heart Of CityPlace - Enjoy Immediate Access to Toronto's Waterfront, Parks, Offices, Transit, Dining, and Entertainment. Walking Distance to The Rogers Centre, Stackt Market And The Well. Equipped With Great Amenities Including Brand New Meeting and Party Rooms, Fitness Centre, Indoor Pool, 24/7 Concierge, And More! A Great Residential and Investment Opportunity. Come And Take A Look!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13839790
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
Spadina Ave x Bremmer Blvd
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$450/mo
Exposure
North
Property tax
$3,386 / 2025
Days on market
20
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

KitchenFlat1.00 × 1.00 m

b/i appliances · b/i microwave · b/i ctr-top stove

BedroomFlat1.00 × 1.00 m

carpet free · large window · b/i closet

BathroomFlat1.00 × 1.00 m
DenFlat1.00 × 1.00 m

carpet free · sliding doors

Dining RoomFlat1.00 × 1.00 m

open concept · carpet free · combined w/kitchen

Living RoomFlat1.00 × 1.00 m

open concept · large window · carpet free

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 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.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$520kavg 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 $946/sqft; this home lists at $965/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
530kThis home550k559k500k499k490kThis home vs active comparables

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
Church-Yonge Corridor
$876K
Niagara
$727K
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
$2,416/mo
$113KIncome needed
4.7×Price ÷ income
$557Weekly cost
$14,150Land 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 $2,416Property tax $282Condo fee $450Total carry $3,148

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)
$2,344per month

Mortgage amount $423,999 · 4.49% over 25 years

$106,000Down payment (20.0%)
$423,999Loan before insurance
$0CMHC premium
$3,077Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,344
Property tax
$282
Condo / maintenance fees
$450
Heating
$0
Estimated monthly cost
$3,077

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

One-time closing costs

Ontario land transfer tax
$7,075
Toronto municipal land transfer tax
$7,075
Estimated closing costs
$14,150

Plus your down payment of $106,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,837/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

$279,310Total interest paid
$703,309Total of all payments
Principal $423,999 Interest $279,310
YearPrincipalInterestBalance
1$9,462$18,671$414,537
2$9,891$18,241$404,646
3$10,341$17,792$394,305
4$10,810$17,322$383,495
5$11,301$16,831$372,194
6$11,814$16,318$360,380
7$12,350$15,782$348,030
8$12,911$15,221$335,119
9$13,497$14,635$321,621
10$14,110$14,022$307,511
11$14,751$13,381$292,760
12$15,421$12,712$277,340
13$16,121$12,012$261,219
14$16,853$11,280$244,366
15$17,618$10,514$226,748
16$18,418$9,715$208,330
17$19,254$8,878$189,076
18$20,128$8,004$168,948
19$21,042$7,090$147,906
20$21,998$6,135$125,908
21$22,996$5,136$102,912
22$24,041$4,092$78,871
23$25,132$3,000$53,739
24$26,273$1,859$27,466
25$27,466$666$0

At the end of your 5-year term

Total paid over the term
$140,662
Principal paid down
$51,805
Interest paid
$88,857
Balance remaining
$372,194

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$1,700/mo
$20,400Gross annual rent
1.7%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.

3.8%
Gross yield
− Property tax $3,386− Condo fees $5,399− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,771

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

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