178-28 Stadium Road, Toronto, ON

Niagara, Toronto · MLS® C13884762

$1,228,000
For Sale
Listed 9 days agoNo offer date stated
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2+1Bedrooms
3Bathrooms
2Garage
1200-1399Sq ft

About this home

In short

  • Extremely Rare Unit With Marina And Lake Views From All Levels At South Beach Marina Townhomes.
  • Newly Listed And Tastefully Renovated Top To Bottom.
  • Enjoy Waterfront Living In This 1350Sqft, 2 Bedrooms + Office, 3 Bathroom Town.
  • Large Principle Rooms, Rare 2 Car Parking, Good Size Office, 9ft Ceilings, Very Bright and Airy.
  • The Waterfront Trail Is At Your Doorstep, Surrounded By Parks And Yacht Clubs, TTC Direct To Union, Walk To Loblaws, LCBO, Farmboy, Schools, Financial District And...

Extremely Rare Unit With Marina And Lake Views From All Levels At *South Beach Marina Townhomes*. Newly Listed And Tastefully Renovated Top To Bottom! Enjoy Waterfront Living In This 1350Sqft, 2 Bedrooms + Office, 3 Bathroom Town. Huge Private Rooftop Terrace Overlooking The Lake For Star Gazing, Chardonnay Sipping, Bbq'ing and Sailboat Watching. Large Principle Rooms, Rare 2 Car Parking, Good Size Office, 9ft Ceilings, Very Bright and Airy. The Waterfront Trail Is At Your Doorstep, Surrounded By Parks And Yacht Clubs, TTC Direct To Union, Walk To Loblaws, LCBO, Farmboy, Schools, Financial District And Island Airport. Walk To Financial District And Island Airport. Walk, Jog, Bike and Live an Active Lifestyle By The Lake.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
C13884762
Bedrooms
2+1 (3 total)
Bathrooms
3 (1 half)
Size
1200-1399 sq ft
Cross streets
Queens Quay/Bathurst
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Concrete
Maintenance
$710/mo
Exposure
North
Property tax
$5,103 / 2026
Days on market
9
Listing brokerage
PROPERTY.CA INC.

Rooms

BathroomSecond

4 pc ensuite · ceramic floor

KitchenMain2.56 × 2.01 m

open concept · stainless steel appl · stone counters

Primary BedroomThird5.32 × 3.69 m

walk-in closet(s) · 4 pc ensuite · overlook water

KitchenMain2.56 × 2.01 m

open concept · stainless steel appl · stone counters

BathroomThird

4 pc ensuite · ceramic floor

Living RoomMain5.32 × 3.69 m

combined w/dining · overlook water · laminate

Dining RoomMain5.32 × 3.69 m

combined w/living · overlook water · fireplace

Living RoomMain5.32 × 3.69 m

combined w/dining · overlook water · laminate

OtherUpper4.44 × 3.38 m

w/o to patio · overlook water · concrete floor

BathroomMain

2 pc bath · ceramic floor

OtherUpper4.44 × 3.38 m

w/o to patio · overlook water · concrete floor

Dining RoomMain5.32 × 3.69 m

combined w/living · overlook water · fireplace

DenSecond3.38 × 2.00 m

overlook water · open concept · laminate

Bedroom 2Second3.84 × 3.23 m

walk-in closet(s) · 4 pc ensuite · overlook water

Bedroom 2Second3.84 × 3.23 m

walk-in closet(s) · 4 pc ensuite · overlook water

Primary BedroomThird5.32 × 3.69 m

walk-in closet(s) · 4 pc ensuite · overlook water

DenSecond3.38 × 2.00 m

overlook water · open concept · laminate

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.20Mlikely sale price

Listed at $1,228,000. Going by how homes in Niagara and the wider GTA have actually closed against their asking prices (about 97%, 16 local closings in 90 days), the likely sale price is near $1.20M, if it sells. A realistic range is $1.13M to $1.29M.

Independent value check: $991K. Without looking at the asking price, our model values the home itself about 19% below the ask (homes like it typically land between $922K and $1.04M).

Why $991K. The typical townhouse sold in Niagara over the past year went for about $800K (69 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $5,103 a year; the typical home sold here pays about $3,900.
  • ▲ Raises itIt is 1,200 to 1,399 sq ft; the typical home sold here is 1,000 to 1,199.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it slightly2 garage and 2 total parking spaces, against 1 and 1 typically.
List price
$1.13MBelow recent closings$1.29MAbove recent closings

Total price vs nearby homes. Likely closing about $1.20M, from 16 recent closings in this pocket.

The market behind the math:

16sold nearby · 90 days
$808Kmedian sold price
97%of asking, on average
+6%prices vs a year ago
~17 dayshomes like this take to sell
9days on market so far
$3,889/moest. rent · 20 leases
3.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.1 months of inventory: 6 condo townhouse homes for sale in the area against 16 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 $945/sqft against an area asking average of $817/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 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.07M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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

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

There were not many closely comparable homes right in Niagara, so I widened the search to the surrounding area.

Based on 14 homes sold in this building over the past two years, from 174 closings in Niagara.

What sellers nearby are askingCurrently listed nearby in Niagara · asking prices
$997kavg 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 $780/sqft; this home lists at $945/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.23MThis home1.19M899k1.05M850kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 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. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$702K150
November 2025$709K130
December 2025$705K63
January 2026$695K77
February 2026$728K104
March 2026$715K121
April 2026$711K147
May 2026$726K131
June 2026$706K132
July 2026$683K156
August 2026$669K116
September 2026$684K98

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.

Casa Loma
$2.80M
Mimico
$840K
Long Branch
$726K
Islington-City Centre West
$555K
Downsview-Roding-CFB
$699K

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 elementary0.8 km · 73% at standard
Niagara Street Junior Public School · Public elementary1.4 km · 82% at standard
Oasis Alternative Secondary School · Public secondary1.4 km
ALPHA Alternative Junior School · Public elementary1.4 km
St Mary Catholic School · Catholic elementary1.4 km · 64% at standard
Charles G Fraser Junior Public School · Public elementary1.9 km · 74% at standard
Ogden Junior Public School · Public elementary1.9 km · 69% at standard
Ryerson Community School Junior Senior · Public elementary2.0 km · 52% at standard
Givins/Shaw Junior Public School · Public elementary2.0 km · 81% at standard
Msgr Fraser College (Southwest) · Catholic secondary2.2 km
Contact Alternative School School · Public secondary2.4 km

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

Affordability & Mortgage

Affordability
$5,597/mo
$243KIncome needed
5.1×Price ÷ income
$1,292Weekly cost
$42,070Land 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.

83%mortgage
Mortgage $5,597Property tax $425Condo fee $710Total carry $6,732

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)
$5,432per month

Mortgage amount $982,400 · 4.49% over 25 years

$245,600Down payment (20.0%)
$982,400Loan before insurance
$0CMHC premium
$6,567Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,432
Property tax
$425
Condo / maintenance fees
$710
Heating
$0
Estimated monthly cost
$6,567

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

One-time closing costs

Ontario land transfer tax
$21,035
Toronto municipal land transfer tax
$21,035
Estimated closing costs
$42,070

Plus your down payment of $245,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,574/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

$647,157Total interest paid
$1,629,557Total of all payments
Principal $982,400 Interest $647,157
YearPrincipalInterestBalance
1$21,923$43,259$960,477
2$22,918$42,264$937,559
3$23,959$41,223$913,600
4$25,047$40,136$888,553
5$26,184$38,998$862,369
6$27,373$37,809$834,996
7$28,616$36,567$806,380
8$29,915$35,267$776,465
9$31,273$33,909$745,192
10$32,693$32,489$712,499
11$34,178$31,005$678,321
12$35,729$29,453$642,592
13$37,352$27,831$605,240
14$39,048$26,135$566,193
15$40,820$24,362$525,372
16$42,674$22,508$482,698
17$44,611$20,571$438,087
18$46,637$18,545$391,450
19$48,754$16,428$342,695
20$50,968$14,214$291,727
21$53,282$11,900$238,445
22$55,702$9,481$182,744
23$58,231$6,952$124,513
24$60,874$4,308$63,638
25$63,638$1,544$0

At the end of your 5-year term

Total paid over the term
$325,911
Principal paid down
$120,031
Interest paid
$205,880
Balance remaining
$862,369

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 20 whole-home leases in Niagara$3,889/mo
$46,668Gross annual rent
2.2%Cap rate after taxes and upkeep
$3,695 to $4,109Typical rent range
~21 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 20 whole-home leases in Niagara signed at a median of $4,021 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,889. 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.

3.8%
Gross yield
− Property tax $5,103− Condo fees $8,515− Insurance $600− Vacancy & upkeep $5,133Net operating income $27,317

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

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