610-151 Dan Leckie Way, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13852170

$594,888
For Sale
Listed 18 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
0Parking
700-799Sq ft

About this home

In short

  • Location, lifestyle and investment potential.
  • This 748 sq ft suite features 2 bedrooms plus a den, 2 bathrooms and a private balcony.
  • Residents enjoy concierge service, a fitness centre, an indoor pool and squash courts.

Location, lifestyle and investment potential! Welcome to Parade II at 151 Dan Leckie Way, an exciting opportunity for both end users and investors in the heart of downtown Toronto. This 748 sq ft suite features 2 bedrooms plus a den, 2 bathrooms and a private balcony. Enjoy the convenience of living steps from groceries, parks, schools and the Bathurst and Spadina streetcars, with the waterfront, Rogers Centre, CN Tower and Entertainment District all within walking distance. Easy access to major downtown employers and Billy Bishop Airport adds to the appeal for residents and prospective tenants alike. With its central location and proximity to transit, employment and everyday essentials, this suite offers excellent rental potential. Residents enjoy concierge service, a fitness centre, an indoor pool and squash courts. A compelling choice for your next home or investment property!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13852170
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
700-799 sq ft
Cross streets
Fort York and Bathurst
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$639/mo
Exposure
East
Property tax
$2,993 / 2026
Days on market
18
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD
Our TakeTeam Asgarian · Broker
No automatic estimate

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 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.

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.

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
The Waterfront School · Public elementary0.4 km · 74% at standard
Oasis Alternative Secondary School · Public secondary0.7 km
ALPHA Alternative Junior School · Public elementary0.7 km
St Mary Catholic School · Catholic elementary0.9 km · 64% at standard
Niagara Street Junior Public School · Public elementary0.9 km · 82% at standard
Ogden Junior Public School · Public elementary1.1 km · 69% at standard
Ryerson Community School Junior Senior · Public elementary1.3 km · 52% at standard
Charles G Fraser Junior Public School · Public elementary1.3 km · 74% at standard
Contact Alternative School School · Public secondary1.7 km
Heydon Park Secondary School · Public secondary1.7 km · 8% at standard
Givins/Shaw Junior Public School · Public elementary1.7 km · 81% at standard
Beverley School · Public elementary1.8 km

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

Affordability & Mortgage

Affordability
$2,711/mo
$127KIncome needed
4.7×Price ÷ income
$626Weekly cost
$16,746Land 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.

75%mortgage
Mortgage $2,711Property tax $249Condo fee $639Total carry $3,600

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)
$2,631per month

Mortgage amount $475,910 · 4.49% over 25 years

$118,978Down payment (20.0%)
$475,910Loan before insurance
$0CMHC premium
$3,520Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,631
Property tax
$249
Condo / maintenance fees
$639
Heating
$0
Estimated monthly cost
$3,520

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

One-time closing costs

Ontario land transfer tax
$8,373
Toronto municipal land transfer tax
$8,373
Estimated closing costs
$16,746

Plus your down payment of $118,978. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,185/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

$313,507Total interest paid
$789,417Total of all payments
Principal $475,910 Interest $313,507
YearPrincipalInterestBalance
1$10,620$20,956$465,290
2$11,102$20,474$454,188
3$11,607$19,970$442,581
4$12,134$19,443$430,447
5$12,684$18,892$417,763
6$13,260$18,316$404,503
7$13,862$17,714$390,640
8$14,492$17,085$376,148
9$15,150$16,427$360,998
10$15,838$15,739$345,160
11$16,557$15,020$328,604
12$17,309$14,268$311,295
13$18,094$13,482$293,200
14$18,916$12,661$274,284
15$19,775$11,802$254,509
16$20,673$10,904$233,837
17$21,611$9,965$212,225
18$22,593$8,984$189,633
19$23,618$7,958$166,014
20$24,691$6,886$141,323
21$25,812$5,765$115,511
22$26,984$4,593$88,528
23$28,209$3,368$60,319
24$29,490$2,087$30,829
25$30,829$748$0

At the end of your 5-year term

Total paid over the term
$157,883
Principal paid down
$58,147
Interest paid
$99,736
Balance remaining
$417,763

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$2,400/mo
$28,800Gross annual rent
2.4%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.

4.8%
Gross yield
− Property tax $2,993− Condo fees $7,668− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,371

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

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