609-70 Princess Street, Toronto, ON
Waterfront Communities C8, Toronto · MLS® C13845976
About this home
In short
- It's hard to compete with this 535 square foot space idyllically located at Front Street East and Sherbourne.
- The reputable Pemberton has maximized the 1 bedroom + den, and 1 bath unit, with 9 foot high ceilings and extra wide premium 7" laminate floors throughout.
- Abundant amenities include 24-hour concierge, a fitness centre (with weight, cardio, and yoga/pilates rooms), theatre room, games room, outdoor terrace and dining...
- With a 99/100 walk score and 100/100 transit score nothing is far: The Distillery District, St.
It's hard to compete with this 535 square foot space idyllically located at Front Street East and Sherbourne. The reputable Pemberton has maximized the 1 bedroom + den, and 1 bath unit, with 9 foot high ceilings and extra wide premium 7" laminate floors throughout. Exterior facing, the unit is brightly lit with tons of natural light highlighted by both floor-to-ceiling windows and a living room balcony. Roller shades for all windows included for privacy. Kitchen features include custom-style cabinetry, quartz countertop, under cabinet lighting, subway-style tile backsplash, under-mounted stainless-steel sink with single lever pull-out facet, and stainless-steel appliance package (counter-depth refrigerator, built-in oven, dishwasher, built-in combination microwave range hood). Enjoy the bedroom's useful mirrored closet doors and ventilated closet shelving. Get acquainted with the bathroom's soaker tub, full-wall bathroom mirror, custom shelf, quartz counters and elongated toilet. Den functions as a flexible space to meet your at-home needs for work or hosting guests, etc. Convenient in-unit stacked washer + dryer included. Abundant amenities include 24-hour concierge, a fitness centre (with weight, cardio, and yoga/pilates rooms), theatre room, games room, outdoor terrace and dining area with BBQs, party room, and infinity edge pool with private cabanas. With a 99/100 walk score and 100/100 transit score nothing is far: The Distillery District, St. Lawrence Market, Union Station, Upcoming Ontario Subway line, coffee shops (Aroma Espresso Bar, Starbucks, Balzacs, Neo Coffee Bar), post-secondary institutions (George Brown College, Ryerson University), groceries (Metro, Loblaws, LCBO), + many nearby parks.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13845976
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 1
- Size
- 500-599 sq ft
- Cross streets
- Princess St & Front St E
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Foundation
- Brick, Poured Concrete
- Roof
- Flat
- Maintenance
- $465/mo
- Exposure
- East
- Property tax
- $2,478 / 2026
- Days on market
- 19
- Listing brokerage
- UNION CAPITAL REALTY
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readThe 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.
Neighbourhood & location
Waterfront Communities C8, Toronto, ON
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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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $372,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,057
- Property tax
- $207
- Condo / maintenance fees
- $465
- Heating
- $0
- Estimated monthly cost
- $2,728
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $5,775
- Toronto municipal land transfer tax
- $5,775
- Estimated closing costs
- $11,550
Plus your down payment of $93,000. 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
- $123,411
- Principal paid down
- $45,452
- Interest paid
- $77,960
- Balance remaining
- $326,548
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 UNION CAPITAL REALTY. MLS®/PropTx.