1018 SE-60 Princess Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13867556

$598,888
For Sale
Listed 13 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to Time & Space by Pemberton, ideally located at Front St E & Sherbourne in the heart of downtown Toronto.
  • This bright and functional 1+Den, 2 full bathrooms offers a highly versatile layout with east exposure and a a double private balcony with a water view.
  • Enjoy 9' smooth ceilings, wide-plank premium laminate flooring, stainless steel appliances, stacked washer/dryer and internet included.
  • Exceptional building amenities include an infinity-edge pool, rooftop cabanas, BBQ areas, gym, yoga studio, games room, party room, theater and more.
  • A fantastic opportunity to enjoy a true 2-bedroom-style layout without the 2-bedroom price tag! parking spot very close to the elevator for easy access.

Welcome to Time & Space by Pemberton, ideally located at Front St E & Sherbourne in the heart of downtown Toronto! This bright and functional 1+Den, 2 full bathrooms offers a highly versatile layout with east exposure and a a double private balcony with a water view. The enclosed den features a door and can comfortably function as a second bedroom, home office or nursery - a major advantage for end-users and investors alike. Includes parking and locker.Enjoy 9' smooth ceilings, wide-plank premium laminate flooring, stainless steel appliances, stacked washer/dryer and internet included. Exceptional building amenities include an infinity-edge pool, rooftop cabanas, BBQ areas, gym, yoga studio, games room, party room, theater and more. Steps to the Distillery District, St. Lawrence Market, TTC, waterfront, restaurants, shopping and everything downtown Toronto has to offer. A fantastic opportunity to enjoy a true 2-bedroom-style layout without the 2-bedroom price tag! parking spot very close to the elevator for easy access!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13867556
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
600-699 sq ft
Cross streets
Front/Sherbourne
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$626/mo
Exposure
East
Property tax
$3,514 / 2026
Days on market
13
Listing brokerage
CENTURY 21 INNOVATIVE REALTY INC.

Rooms

Living RoomMain3.56 × 3.02 m

laminate · open concept · w/o to balcony

BedroomMain3.30 × 3.07 m

3 pc ensuite · closet · w/o to balcony

Dining RoomMain3.05 × 2.39 m

laminate · open concept · combined w/kitchen

KitchenMain3.05 × 2.39 m

laminate · stainless steel appl · stone counters

DenMain2.46 × 3.23 m

laminate · separate room · french doors

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
$606kavg 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 $878/sqft; this home lists at $922/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
599kThis home599k565k529k639k699kThis 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
$549K
Church-Yonge Corridor
$876K
Waterfront Communities C1
$625K
Kensington-Chinatown
$585K
Niagara
$727K

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 elementary1.1 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
SEED Alternative School · Public secondary1.9 km
St Martin Catholic School(OL of Lourdes · Catholic elementary1.9 km

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

Affordability & Mortgage

Affordability
$2,730/mo
$129KIncome needed
4.6×Price ÷ income
$630Weekly cost
$16,906Land 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 $2,730Property tax $293Condo fee $626Total carry $3,648

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)
$2,649per month

Mortgage amount $479,110 · 4.49% over 25 years

$119,778Down payment (20.0%)
$479,110Loan before insurance
$0CMHC premium
$3,568Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,649
Property tax
$293
Condo / maintenance fees
$626
Heating
$0
Estimated monthly cost
$3,568

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

One-time closing costs

Ontario land transfer tax
$8,453
Toronto municipal land transfer tax
$8,453
Estimated closing costs
$16,906

Plus your down payment of $119,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,206/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

$315,615Total interest paid
$794,725Total of all payments
Principal $479,110 Interest $315,615
YearPrincipalInterestBalance
1$10,692$21,097$468,419
2$11,177$20,612$457,242
3$11,685$20,104$445,557
4$12,215$19,574$433,342
5$12,770$19,019$420,572
6$13,350$18,439$407,222
7$13,956$17,833$393,267
8$14,589$17,200$378,677
9$15,252$16,537$363,426
10$15,944$15,845$347,481
11$16,668$15,121$330,813
12$17,425$14,364$313,388
13$18,216$13,573$295,172
14$19,043$12,746$276,129
15$19,908$11,881$256,221
16$20,812$10,977$235,409
17$21,757$10,032$213,652
18$22,745$9,044$190,908
19$23,777$8,012$167,130
20$24,857$6,932$142,274
21$25,985$5,804$116,288
22$27,165$4,624$89,123
23$28,399$3,390$60,724
24$29,688$2,101$31,036
25$31,036$753$0

At the end of your 5-year term

Total paid over the term
$158,945
Principal paid down
$58,538
Interest paid
$100,407
Balance remaining
$420,572

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$2,050/mo
$24,600Gross 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.

4.1%
Gross yield
− Property tax $3,514− Condo fees $7,512− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,268

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

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