1725-70 Princess Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13844576

$515,000
For Sale
Listed 19 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Rarely offered 10-foot smooth ceilings.
  • This functional 1 bedroom + den, 2 full bathroom suite features an efficient layout with the flexibility of a 2-bedroom home.
  • Residents enjoy 24-hour concierge, fitness centre, yoga studio, theatre/media room, games room, party room, rooftop pool, lounge, BBQ area and outdoor terraces.

Rarely offered 10-foot smooth ceilings! Welcome to Time & Space Condos by Pemberton in the heart of downtown Toronto! This functional 1 bedroom + den, 2 full bathroom suite features an efficient layout with the flexibility of a 2-bedroom home. The enclosed den can be used as a bedroom, guest room or home office. Modern kitchen featuring quartz countertops, stainless steel appliances, stylish backsplash, under-cabinet lighting and ample cabinet storage. Enjoy west-facing views overlooking the private rooftop amenities, plus a private balcony. Prime location just steps to St. Lawrence Market, the Distillery Historic District, King Street, Harbourfront, restaurants, cafés, bars, banks and shops. Close to No Frills, Farm Boy, Loblaws, LCBO and George Brown College. Easy access to King Street streetcars, King and Union subway stations, the Financial District and future Ontario Line. Residents enjoy 24-hour concierge, fitness centre, yoga studio, theatre/media room, games room, party room, rooftop pool, lounge, BBQ area and outdoor terraces. Minutes to Union Station, the PATH, Scotiabank Arena, Rogers Centre, CN Tower and Toronto's waterfront. A well-connected downtown home with everything you need right outside your door. Internet included.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13844576
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
500-599 sq ft
Cross streets
Front & Lower Sherbourne
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$492/mo
Exposure
West
Property tax
$2,643 / 2025
Days on market
19
Listing brokerage
RETREND REALTY LTD

Rooms

BedroomFlat2.82 × 2.84 m

3 pc ensuite · mirrored closet · window floor to ceiling

Living RoomFlat3.56 × 2.79 m

laminate · w/o to balcony · window floor to ceiling

KitchenFlat3.05 × 2.46 m

backsplash · stainless steel appl · quartz counter

DenFlat2.44 × 2.06 m

laminate · separate room · swing doors

Dining RoomFlat3.05 × 2.46 m

laminate · open concept · combined w/kitchen

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 Market Lane Junior and Senior 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 C8 · asking prices
$545kavg 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 $962/sqft; this home lists at $937/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
515kThis home499k540k548k529k609kThis home vs active comparables

Neighbourhood & location

Waterfront Communities C8, 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.

Moss Park
$495K
Waterfront Communities C1
$662K
Kensington-Chinatown
$578K
Niagara
$631K
Mount Pleasant West
$679K

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 Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 0.2 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
St Paul Catholic School · Catholic elementary0.8 km · 62% at standard
Nelson Mandela Park Public School · Public elementary1.0 km · 47% at standard
St Michael's Choir (Jr) School · Catholic elementary1.0 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary1.1 km · 98% at standard
Lord Dufferin Junior and Senior Public School · Public elementary1.2 km · 55% at standard
Sprucecourt Junior Public School · Public elementary1.6 km · 59% at standard
Winchester Junior and Senior Public School · Public elementary1.8 km · 76% at standard
Church Street Junior Public School · Public elementary1.8 km · 73% at standard
Native Learning Centre · Public secondary1.8 km
Queen Alexandra Middle School · Public elementary1.9 km · 71% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary1.9 km
SEED Alternative School · Public secondary1.9 km

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

Affordability & Mortgage

Affordability
$2,347/mo
$109KIncome needed
4.7×Price ÷ income
$542Weekly cost
$13,550Land 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 $2,347Property tax $220Condo fee $492Total carry $3,060

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)
$2,278per month

Mortgage amount $412,000 · 4.49% over 25 years

$103,000Down payment (20.0%)
$412,000Loan before insurance
$0CMHC premium
$2,990Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,278
Property tax
$220
Condo / maintenance fees
$492
Heating
$0
Estimated monthly cost
$2,990

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

One-time closing costs

Ontario land transfer tax
$6,775
Toronto municipal land transfer tax
$6,775
Estimated closing costs
$13,550

Plus your down payment of $103,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,757/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

$271,406Total interest paid
$683,406Total of all payments
Principal $412,000 Interest $271,406
YearPrincipalInterestBalance
1$9,194$18,142$402,806
2$9,612$17,725$393,194
3$10,048$17,288$383,146
4$10,504$16,832$372,642
5$10,981$16,355$361,661
6$11,480$15,857$350,182
7$12,001$15,335$338,181
8$12,546$14,790$325,635
9$13,115$14,221$312,519
10$13,711$13,625$298,809
11$14,333$13,003$284,475
12$14,984$12,352$269,491
13$15,665$11,672$253,826
14$16,376$10,960$237,451
15$17,119$10,217$220,331
16$17,897$9,440$202,435
17$18,709$8,627$183,725
18$19,559$7,778$164,167
19$20,447$6,890$143,720
20$21,375$5,961$122,345
21$22,346$4,991$99,999
22$23,360$3,976$76,639
23$24,421$2,915$52,218
24$25,530$1,807$26,689
25$26,689$647$0

At the end of your 5-year term

Total paid over the term
$136,681
Principal paid down
$50,339
Interest paid
$86,342
Balance remaining
$361,661

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.

4.0%
Gross yield
− Property tax $2,643− Condo fees $5,906− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,007

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

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