S408-35 Rolling Mills Road, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13895432

$559,900
For Sale
Listed 7 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Welcome to S408 @ 35 Rolling Mills Rd a.k.a.
  • This 1 Bed + Den & 1 Full Bath Unit Comes With 1 Parking Spot & 1 Locker Features 9 Ft Smooth Ceilings, High Quality Laminate Flooring, Modern Upgraded Kitchen With...

Welcome to S408 @ 35 Rolling Mills Rd a.k.a. Canary Commons! This 1 Bed + Den & 1 Full Bath Unit Comes With ***1 Parking Spot & 1 Locker**** Features 9 Ft Smooth Ceilings, High Quality Laminate Flooring, Modern Upgraded Kitchen With Stone Counter Top & Top Of The Line B/I Appliances, Perfectly Laid Out On 553 Sf Of Chic, Bright & Airy Living Space + W/O To 100 Sf Balcony! An Absolute Gem! Maintenance fees include Beanfield high-speed internet. Fantastic Downtown-East location close to shops, eateries, Distillery District, Cooper Koo Family YMCA, Queen & King Streets, Public Transit, Corktown Commons, Lake Ontario and Cherry Beach! Convenient access to the Don Valley Parkway and Gardiner Expressway. Surround yourself with the best of urban living! Fantastic building w/excellent amenities: Rooftop terrace w/BBQ & fire-pits, fitness space, lounge, co-work space, yoga studio, hobby room, child play room & more! Low maintenance fees!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13895432
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
Front Street East & Cherry
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$529/mo
Exposure
West
Property tax
$2,770 / 2026
Days on market
7
Listing brokerage
ONE PERCENT REALTY LTD.

Rooms

BedroomMain3.15 × 2.79 m

hardwood floor · double closet · large window

BathroomMain1.50 × 2.31 m

4 pc bath · tile floor

Dining RoomMain3.89 × 3.06 m

combined w/living · open concept · hardwood floor

Living RoomMain3.89 × 3.06 m

combined w/dining · open concept · w/o to balcony

KitchenMain3.45 × 3.32 m

stainless steel appl · open concept · backsplash

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 Queen Alexandra Middle 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
$539kavg 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 $981/sqft; this home lists at $1,019/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
560kThis home578k589k529k500k499kThis home vs active comparables

Sold price trend

Median sold price for condos in Waterfront Communities C8: $588K in September 2026, down 8% from a year ago, on 390 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$657K37
November 2025$703K30
December 2025$602K22
January 2026$650K16
February 2026$715K28
March 2026$600K31
April 2026$575K47
May 2026$578K29
June 2026$625K37
July 2026$620K49
August 2026$615K34
September 2026$588K30

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
North St. James Town
$765K
Waterfront Communities C1
$625K
Kensington-Chinatown
$585K

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 Dundas Junior Public School
59%
Dundas Junior Public SchoolPublic · Elementary · 1.2 km awayBelow the GTA average · 59% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Nelson Mandela Park Public School · Public elementary0.7 km · 47% at standard
Market Lane Junior and Senior Public School · Public elementary0.8 km · 74% at standard
SEED Alternative School · Public secondary1.1 km
St Michael Catholic School · Catholic elementary1.3 km · 67% at standard
Lord Dufferin Junior and Senior Public School · Public elementary1.3 km · 55% at standard
Downtown Alternative School · Public elementary1.3 km
Sprucecourt Junior Public School · Public elementary1.5 km · 59% at standard
Morse Street Junior Public School · Public elementary1.5 km · 76% at standard
Eastdale Collegiate Institute · Public secondary1.6 km
St Martin Catholic School (St.Martin) · Catholic secondary1.8 km
St Michael's Choir (Jr) School · Catholic elementary1.8 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary1.8 km · 98% at standard

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

Affordability & Mortgage

Affordability
$2,552/mo
$118KIncome needed
4.7×Price ÷ income
$589Weekly cost
$15,346Land 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 $2,552Property tax $231Condo fee $529Total carry $3,312

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)
$2,477per month

Mortgage amount $447,920 · 4.49% over 25 years

$111,980Down payment (20.0%)
$447,920Loan before insurance
$0CMHC premium
$3,236Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,477
Property tax
$231
Condo / maintenance fees
$529
Heating
$0
Estimated monthly cost
$3,236

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

One-time closing costs

Ontario land transfer tax
$7,673
Toronto municipal land transfer tax
$7,673
Estimated closing costs
$15,346

Plus your down payment of $111,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,998/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

$295,068Total interest paid
$742,988Total of all payments
Principal $447,920 Interest $295,068
YearPrincipalInterestBalance
1$9,996$19,724$437,924
2$10,450$19,270$427,475
3$10,924$18,796$416,551
4$11,420$18,300$405,131
5$11,938$17,781$393,192
6$12,481$17,239$380,712
7$13,047$16,672$367,665
8$13,640$16,080$354,025
9$14,259$15,461$339,766
10$14,906$14,813$324,860
11$15,583$14,136$309,277
12$16,291$13,429$292,986
13$17,030$12,689$275,956
14$17,804$11,916$258,153
15$18,612$11,108$239,541
16$19,457$10,263$220,084
17$20,340$9,379$199,743
18$21,264$8,456$178,479
19$22,229$7,490$156,250
20$23,239$6,481$133,012
21$24,294$5,426$108,718
22$25,397$4,323$83,321
23$26,550$3,170$56,771
24$27,755$1,964$29,016
25$29,016$704$0

At the end of your 5-year term

Total paid over the term
$148,598
Principal paid down
$54,728
Interest paid
$93,870
Balance remaining
$393,192

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$1,700/mo
$20,400Gross annual rent
1.5%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.

3.6%
Gross yield
− Property tax $2,770− Condo fees $6,346− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,440

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

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