1702-21 Widmer Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13864240

$838,000
For Sale
Listed 15 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Stunning Corner unit Condo At Cinema Tower 985 Sq Ft (858 Sqft+2 Balconies) located in the heart of The Entertainment & Financial District.
  • Primary Bed w/4 piece bath+private balcony & double closet, Flr-Ceiling windows.

Stunning Corner unit Condo At Cinema Tower 985 Sq Ft (858 Sqft+2 Balconies) located in the heart of The Entertainment & Financial District. North/West corner views. Windows Floor To Ceiling, Designer Gourmet built-in Miele appliances Kitchen W/Quartz counter top,peninsula-Island overlooking Living and dining large windows for natural lights. Brand New plank flooring throughout. Primary Bed w/4 piece bath+private balcony & double closet, Flr-Ceiling windows. Short walk to Bay street the financial district. Steps to sunway, shopping and hospitals.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13864240
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
King St. W / John St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$806/mo
Exposure
North West
Property tax
$3,784 / 2025
Days on market
15
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

LaundryFlat1.50 × 1.50 m

Ceramic Floor

Primary BedroomFlat3.20 × 2.89 m

laminate · 4 pc ensuite · walk-in closet(s)

Bedroom 2Flat3.20 × 2.59 m

laminate · double closet · window floor to ceiling

Dining RoomFlat4.45 × 3.27 m

laminate · combined w/living · window floor to ceiling

KitchenFlat0.00 × 0.00 m

laminate · centre island · window floor to ceiling

BathroomFlat2.00 × 2.00 m

ceramic floor · 3 pc bath

Living RoomFlat4.45 × 3.27 m

laminate · combined w/dining · window floor to ceiling

Our TakeTeam Asgarian · Broker
A small discount is typical
$812Klikely sale price

Listed at $838,000. Going by how homes in Waterfront Communities C1 have actually closed against their asking prices (about 97%, 282 local closings in 90 days), the likely sale price is near $812K, if it sells. A realistic range is $765K to $879K.

Independent value check: $753K. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $701K and $791K).

Why $753K. The typical condo sold in Waterfront Communities C1 over the past year went for about $620K (1357 sales). What sets this one apart:

  • ▲ Raises it strongly2 bedrooms and 2 baths, against 1+1 and 1 typically.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $3,784 a year; the typical home sold here pays about $3,300.
  • ▲ Raises itIt is 800 to 899 sq ft; the typical home sold here is 700 to 799.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
List price
$765KBelow recent closings$879KAbove recent closings

Total price vs nearby homes. Likely closing about $812K, from 282 recent closings in this pocket.

The market behind the math:

282sold nearby · 90 days
$617Kmedian sold price
96%of asking, on average
~29 dayshomes like this take to sell
15days on market so far
$3,537/moest. rent · 5 leases
5.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.7 months of inventory: 66 condo apartment homes for sale in the area against 282 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $986/sqft against an area asking average of $950/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 282 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $706K. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

The assigned public school is Ogden Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($986/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 3 homes sold in this building over the past 5 months, plus 2 nearby in Waterfront Communities C1, from 500 closings in Waterfront Communities C1.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$842kavg 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 $1,016/sqft; this home lists at $986/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
838kThis home838k799k895k899k779kThis home vs active comparables

Sold price trend

Median sold price for condos in Waterfront Communities C1: $621K in September 2026, down 6% from a year ago, on 1,320 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$655K132
November 2025$618K116
December 2025$690K78
January 2026$601K78
February 2026$648K105
March 2026$640K109
April 2026$615K124
May 2026$608K135
June 2026$610K139
July 2026$600K94
August 2026$588K117
September 2026$621K93

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.

Church-Yonge Corridor
$659K
Bay Street Corridor
$479K
Moss Park
$633K
Waterfront Communities C8
$570K
Mount Pleasant West
$639K

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 Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 69% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Oasis Alternative Secondary School · Public secondary0.6 km
ALPHA Alternative Junior School · Public elementary0.6 km
Contact Alternative School School · Public secondary0.7 km
Heydon Park Secondary School · Public secondary0.9 km · 8% at standard
Bishop Macdonell Catholic School · Catholic elementary0.9 km · 82% at standard
Jean Lumb Public School · Public elementary1.0 km · 73% at standard
Beverley School · Public elementary1.0 km
Subway Academy II · Public secondary1.0 km
Orde Street Public School · Public elementary1.3 km · 76% at standard
The Waterfront School · Public elementary1.4 km · 74% at standard
St Michael's Choir (Sr) School · Catholic secondary1.4 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary1.4 km · 98% at standard

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

Affordability & Mortgage

Affordability
$3,819/mo
$174KIncome needed
4.8×Price ÷ income
$881Weekly cost
$26,470Land 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 $3,819Property tax $315Condo fee $806Total carry $4,941

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,707per month

Mortgage amount $670,400 · 4.49% over 25 years

$167,600Down payment (20.0%)
$670,400Loan before insurance
$0CMHC premium
$4,828Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,707
Property tax
$315
Condo / maintenance fees
$806
Heating
$0
Estimated monthly cost
$4,828

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

One-time closing costs

Ontario land transfer tax
$13,235
Toronto municipal land transfer tax
$13,235
Estimated closing costs
$26,470

Plus your down payment of $167,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,486/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

$441,627Total interest paid
$1,112,027Total of all payments
Principal $670,400 Interest $441,627
YearPrincipalInterestBalance
1$14,960$29,521$655,440
2$15,640$28,841$639,800
3$16,350$28,131$623,450
4$17,092$27,389$606,358
5$17,868$26,613$588,489
6$18,680$25,802$569,810
7$19,528$24,953$550,282
8$20,414$24,067$529,868
9$21,341$23,140$508,527
10$22,310$22,171$486,217
11$23,323$21,158$462,894
12$24,382$20,099$438,511
13$25,489$18,992$413,022
14$26,646$17,835$386,376
15$27,856$16,625$358,519
16$29,121$15,360$329,398
17$30,443$14,038$298,955
18$31,826$12,656$267,130
19$33,271$11,211$233,859
20$34,781$9,700$199,078
21$36,360$8,121$162,717
22$38,011$6,470$124,706
23$39,737$4,744$84,969
24$41,541$2,940$43,428
25$43,428$1,054$0

At the end of your 5-year term

Total paid over the term
$222,405
Principal paid down
$81,911
Interest paid
$140,495
Balance remaining
$588,489

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
From 5 whole-home leases in Waterfront Communities C1$3,537/mo
$42,444Gross annual rent
2.8%Cap rate after taxes and upkeep
$3,113 to $3,961Typical rent range
~15 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Waterfront Communities C1 signed at a median of $3,000 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,537. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.1%
Gross yield
− Property tax $3,784− Condo fees $9,677− Insurance $600− Vacancy & upkeep $4,669Net operating income $23,714

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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