Sph10-1 Edgewater Drive, Toronto, ON
Waterfront Communities C8, Toronto · MLS® C13839860
About this home
In short
- The Aquavista Penthouse Waterfront Living with Exceptional Indoor and Outdoor Space.
- A welcoming foyer opens to expansive living and dining rooms designed for both everyday comfort and large-scale entertaining with 10 ft ceilings.
The Aquavista Penthouse Waterfront Living with Exceptional Indoor and Outdoor Space. Welcome to The Aquavista Penthouse at 1 Edgewater Drive, Suite SPH10, a rare two-level waterfront residence offering approximately 3,447 sqft of interior living space plus 2,005 sqft. of outdoor space, three bedroom suites, a main-floor office, and spectacular private outdoor areas. A welcoming foyer opens to expansive living and dining rooms designed for both everyday comfort and large-scale entertaining with 10 ft ceilings. The curved living room adds architectural character, while a balcony extends the living space outdoors. The spacious dining area easily accommodates family gatherings and special occasions. The kitchen features a large central island, generous breakfast area, and direct access to a second balcony, creating a bright and inviting hub for daily living. An adjacent office provides a convenient space for working from home, reading, or quiet retreat. Privately situated on the main floor, the primary suite offers exceptional scale, including a spacious bedroom with room for a sitting area, two walk-in closets, and a luxurious ensuite with double vanity, separate tub and shower, and enclosed water closet. A second main-floor bedroom includes its own walk-in closet and ensuite bathroom, while a powder room and dedicated laundry room complete the level. Upstairs, a third bedroom suite with walk-in closet and ensuite bath is accompanied by a separate sitting room, creating an ideal guest retreat or flexible living space. These rooms open directly onto the penthouse's signature feature: an expansive private rooftop terrace.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13839860
- Bedrooms
- 3
- Bathrooms
- 4 (1 half)
- Size
- 3250-3499 sq ft
- Cross streets
- Lower Sherbourne & Queens Quay E
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $3,575/mo
- Exposure
- South West
- Property tax
- $24,184 / 2025
- Days on market
- 20
- Listing brokerage
- HAMMOND INTERNATIONAL PROPERTIES LIMITED
Rooms
Walk-In Closet(s)
Combined w/Dining
Open Concept
Combined w/Living
Walk-In Closet(s)
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 readThe assigned public school is Queen Alexandra Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.
Per square foot, these ask about $1,281/sqft; this home lists at $1,920/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Waterfront Communities C8, Toronto, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $5,184,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $28,663
- Property tax
- $2,015
- Condo / maintenance fees
- $3,575
- Heating
- $0
- Estimated monthly cost
- $34,254
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $148,475
- Toronto municipal land transfer tax
- $222,875
- Estimated closing costs
- $371,350
Plus your down payment of $1,296,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $1,719,794
- Principal paid down
- $633,389
- Interest paid
- $1,086,404
- Balance remaining
- $4,550,611
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HAMMOND INTERNATIONAL PROPERTIES LIMITED. MLS®/PropTx.