2009-21 Grand Magazine Street, Toronto, ON

Niagara, Toronto · MLS® C13872438

$1,049,999
For Sale
Listed 12 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to elevated waterfront living at 21 Grand Magazine.
  • Offering an impressive 1,161 sq. ft. of thoughtfully designed living space, this spacious 2+1 bedroom residence delivers the room and flexibility that's increasingly...
  • Bright and beautifully designed, the suite features a generous open-concept layout, contemporary finishes and expansive windows that fill the home with natural light...
  • Over 1,100 sq. ft., flexible 3-bedroom potential, unobstructed south-facing water views, two balconies, parking and a locker - this is the kind of downtown space...
  • Come see why 21 Grand Magazine is one you won't want to miss.

Welcome to elevated waterfront living at 21 Grand Magazine! Offering an impressive 1,161 sq. ft. of thoughtfully designed living space, this spacious 2+1 bedroom residence delivers the room and flexibility that's increasingly hard to find downtown - complete with unobstructed south/east-facing views toward the water and two private balconies to enjoy them from. The oversized den is a true standout - large enough to function as a full third bedroom, home office or guest space - making this an ideal option for families, professionals or anyone looking for room to grow. Bright and beautifully designed, the suite features a generous open-concept layout, contemporary finishes and expansive windows that fill the home with natural light while showcasing the open southern exposure.With two full bedrooms, an exceptionally versatile den, two balconies, plus parking AND a locker, this is downtown condo living without compromising on space, views or functionality. Set within one of Toronto's most exciting waterfront communities, enjoy incredible building amenities and a location that puts the waterfront, parks and trails, The Well, King West, Billy Bishop Airport and the downtown core all within easy reach. Over 1,100 sq. ft., flexible 3-bedroom potential, unobstructed south-facing water views, two balconies, parking and a locker - this is the kind of downtown space that's hard to come by. Come see why 21 Grand Magazine is one you won't want to miss.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13872438
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Bathurst & Lakeshore
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,026/mo
Exposure
South East
Property tax
$4,596 / 2026
Days on market
12
Listing brokerage
RE/MAX HALLMARK REALTY LTD.
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

Its public catchment (The Waterfront School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Neighbourhood & location

Niagara, 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.

Waterfront Communities C1
$691K
Little Portugal
$549K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$876K
Waterfront Communities C8
$554K

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 The Waterfront School
74%
The Waterfront SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 74% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
City School · Public secondary0.4 km · 58% at standard
Jean Lumb Public School · Public elementary0.7 km · 73% at standard
Niagara Street Junior Public School · Public elementary1.0 km · 82% at standard
St Mary Catholic School · Catholic elementary1.0 km · 64% at standard
Oasis Alternative Secondary School · Public secondary1.1 km
ALPHA Alternative Junior School · Public elementary1.1 km
Charles G Fraser Junior Public School · Public elementary1.5 km · 74% at standard
Ogden Junior Public School · Public elementary1.6 km · 69% at standard
Ryerson Community School Junior Senior · Public elementary1.6 km · 52% at standard
Givins/Shaw Junior Public School · Public elementary1.7 km · 81% at standard
Msgr Fraser College (Southwest) · Catholic secondary1.9 km
Contact Alternative School School · Public secondary2.1 km

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

Affordability & Mortgage

Affordability
$4,786/mo
$217KIncome needed
4.8×Price ÷ income
$1,104Weekly cost
$34,950Land 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 $4,786Property tax $383Condo fee $1,026Total carry $6,194

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)
$4,644per month

Mortgage amount $839,999 · 4.49% over 25 years

$210,000Down payment (20.0%)
$839,999Loan before insurance
$0CMHC premium
$6,053Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,644
Property tax
$383
Condo / maintenance fees
$1,026
Heating
$0
Estimated monthly cost
$6,053

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

One-time closing costs

Ontario land transfer tax
$17,475
Toronto municipal land transfer tax
$17,475
Estimated closing costs
$34,950

Plus your down payment of $210,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,621/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

$553,351Total interest paid
$1,393,350Total of all payments
Principal $839,999 Interest $553,351
YearPrincipalInterestBalance
1$18,745$36,989$821,254
2$19,596$36,138$801,658
3$20,486$35,248$781,172
4$21,416$34,318$759,755
5$22,389$33,345$737,367
6$23,405$32,329$713,962
7$24,468$31,266$689,494
8$25,579$30,155$663,915
9$26,740$28,994$637,175
10$27,954$27,780$609,221
11$29,223$26,511$579,997
12$30,550$25,184$549,447
13$31,937$23,797$517,509
14$33,388$22,346$484,122
15$34,903$20,831$449,219
16$36,488$19,246$412,730
17$38,145$17,589$374,585
18$39,877$15,857$334,709
19$41,687$14,047$293,021
20$43,580$12,154$249,441
21$45,559$10,175$203,882
22$47,627$8,107$156,254
23$49,790$5,944$106,465
24$52,051$3,683$54,414
25$54,414$1,320$0

At the end of your 5-year term

Total paid over the term
$278,670
Principal paid down
$102,632
Interest paid
$176,038
Balance remaining
$737,367

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$3,400/mo
$40,800Gross annual rent
1.8%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.

3.9%
Gross yield
− Property tax $4,596− Condo fees $12,308− Insurance $600− Vacancy & upkeep $4,488Net operating income $18,808

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

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