501-65 Scadding Avenue, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13873840

$519,900
For Sale
Listed 11 days agoNo offer date stated
1+1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • LOCATION, LOCATION, LOCATION.
  • Bright Corner Unit (1 Bedroom + Den) With An Unobstructed Park View, Within Steps to St-Lawrence Market And Easy Access To Gardiner Expressway.
  • This Sunny, Spacious And Airy Suite With 14+ Ft.
  • Stroll Along The WaterFront, Enjoy Shops and Restaurants Nearby, And Access Everything Downtown Toronto Has To Offer Like Concerts, Sporting Events, Plays & Musicals...
  • Building Amenities Include Concierge, Indoor Pool, Gym, Sauna, Party Room, Visitor Parking And Security System.

LOCATION, LOCATION, LOCATION! Bright Corner Unit (1 Bedroom + Den) With An Unobstructed Park View, Within Steps to St-Lawrence Market And Easy Access To Gardiner Expressway. This Sunny, Spacious And Airy Suite With 14+ Ft. Wide Living Room And Bedroom Overlooks Both A Tranquil Park And The Bustling City. Newly Painted Throughout With Brand New Stainless Steel Fridge, Microwave, and LG Range (Never Used). The Apartment Also Comes With Motorized Sun Shade Blinds In Living/Dining Room And Den, An Electric Fireplace, Floor-To-Ceiling Windows In the Kitchen, Living/Dining, Den And Bedroom. Add Your Personal Touch To This Large Apartment Offered At An Incredible Price And Includes Underground Parking And Locker. Walking Distance To St. Lawrence Market, Union Station. The Distillery District, Theatres And The Financial District, This Large 1+1 Apartment Is In A PRIME Location In The Building. Stroll Along The WaterFront, Enjoy Shops and Restaurants Nearby, And Access Everything Downtown Toronto Has To Offer Like Concerts, Sporting Events, Plays & Musicals, Toronto Aquarium, CN Town, Sugar Beach, Walk To The UP Express, AND Within 4 Minute Walk To The Future Ontario Line Subway Station. Building Amenities Include Concierge, Indoor Pool, Gym, Sauna, Party Room, Visitor Parking And Security System.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C13873840
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
Lot
785
Cross streets
Front and Princess Streets
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$947/mo
Exposure
North West
Property tax
$2,693 / 2026
Days on market
11
Listing brokerage
SUTTON GROUP-ASSOCIATES REALTY INC.

Rooms

KitchenMain2.59 × 3.20 m

double sink · stainless steel appl · large window

Primary BedroomMain4.47 × 4.29 m

large window · walk-in closet(s) · semi ensuite

Dining RoomMain4.34 × 4.22 m

carpet free · combined w/living · laminate

Living RoomMain4.34 × 4.22 m

carpet free · combined w/dining · laminate

DenMain1.98 × 2.31 m

large window · overlooks park · nw view

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
$491kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $796/sqft; this home lists at $694/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
520kThis home520k425k529kThis 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
$495K
Waterfront Communities C1
$662K
Kensington-Chinatown
$578K
Niagara
$631K
Mount Pleasant West
$679K

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 · 0.1 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 elementary1.1 km · 47% at standard
St Michael's Choir (Jr) School · Catholic elementary1.2 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary1.2 km · 98% at standard
Lord Dufferin Junior and Senior Public School · Public elementary1.3 km · 55% at standard
Sprucecourt Junior Public School · Public elementary1.7 km · 59% at standard
Queen Alexandra Middle School · Public elementary1.9 km · 71% at standard
SEED Alternative School · Public secondary1.9 km
Winchester Junior and Senior Public School · Public elementary1.9 km · 76% at standard
Dundas Junior Public School · Public elementary2.0 km · 59% at standard
Church Street Junior Public School · Public elementary2.0 km · 73% at standard
Native Learning Centre · Public secondary2.0 km

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

Affordability & Mortgage

Affordability
$2,370/mo
$119KIncome needed
4.4×Price ÷ income
$547Weekly cost
$13,746Land 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.

67%mortgage
Mortgage $2,370Property tax $224Condo fee $947Total carry $3,541

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)
$2,300per month

Mortgage amount $415,920 · 4.49% over 25 years

$103,980Down payment (20.0%)
$415,920Loan before insurance
$0CMHC premium
$3,471Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,300
Property tax
$224
Condo / maintenance fees
$947
Heating
$0
Estimated monthly cost
$3,471

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

One-time closing costs

Ontario land transfer tax
$6,873
Toronto municipal land transfer tax
$6,873
Estimated closing costs
$13,746

Plus your down payment of $103,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,783/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

$273,988Total interest paid
$689,908Total of all payments
Principal $415,920 Interest $273,988
YearPrincipalInterestBalance
1$9,282$18,315$406,638
2$9,703$17,893$396,935
3$10,144$17,453$386,792
4$10,604$16,992$376,188
5$11,086$16,511$365,102
6$11,589$16,007$353,513
7$12,115$15,481$341,398
8$12,665$14,931$328,733
9$13,240$14,356$315,493
10$13,841$13,755$301,652
11$14,470$13,127$287,182
12$15,127$12,470$272,055
13$15,814$11,783$256,241
14$16,532$11,065$239,710
15$17,282$10,314$222,428
16$18,067$9,529$204,361
17$18,887$8,709$185,473
18$19,745$7,852$165,729
19$20,641$6,955$145,087
20$21,578$6,018$123,509
21$22,558$5,038$100,951
22$23,582$4,014$77,368
23$24,653$2,943$52,715
24$25,773$1,824$26,943
25$26,943$654$0

At the end of your 5-year term

Total paid over the term
$137,982
Principal paid down
$50,818
Interest paid
$87,164
Balance remaining
$365,102

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
2.1%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.

5.5%
Gross yield
− Property tax $2,693− Condo fees $11,361− Insurance $600− Vacancy & upkeep $3,168Net operating income $10,978

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

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