1605-38 Dan Leckie Way, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C14027418

$489,999
For Sale
Listed 6 days agoNo offer date stated

The listing feed is busy, so this is our last saved copy of this listing from Oct 19, 2026, 3:21 p.m.. Price and status may have changed since; refresh in a minute for the live version.

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1+1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Golden hour hits different from the 16th floor.
  • The layout makes sense: an efficient open-concept living and dining area, a separate den that works as a proper home office, and a comfortable bedroom with a double...
  • Building amenities people actually use include a 24-hour concierge, gym, sauna, guest suites, and rooftop terrace with a hot tub and BBQs.

Golden hour hits different from the 16th floor. Enjoy sun-filled living at Panorama, with southwest exposure and an open balcony overlooking the lake. The layout makes sense: an efficient open-concept living and dining area, a separate den that works as a proper home office, and a comfortable bedroom with a double closet and semi-ensuite bath. An owned locker adds storage, while low monthly maintenance fees include heat and water, helping keep carrying costs down. Building amenities people actually use include a 24-hour concierge, gym, sauna, guest suites, and rooftop terrace with a hot tub and BBQs. The flagship Loblaws and LCBO are across the street, Canoe Landing Park is at your doorstep, and waterfront trails, King West, and transit are all within easy reach.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14027418
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
Bathurst and Lake Shore
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$370/mo
Exposure
South West
Property tax
$2,317 / 2026
Days on market
6
Listing brokerage
RE/MAX PROFESSIONALS INC.

Rooms

Living RoomMain4.55 × 2.59 m

w/o to balcony · laminate · combined w/dining

KitchenMain4.14 × 2.77 m

laminate · eat-in kitchen

DenMain2.13 × 2.95 m

closet · semi ensuite · laminate

BedroomMain3.73 × 2.62 m

laminate · double closet · semi ensuite

Dining RoomMain4.55 × 2.59 m

open concept · w/o to balcony · laminate

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

The assigned public school is The Waterfront School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

Waterfront Communities C1, 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.

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 · 0.2 km awayAround the GTA average · 74% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Jean Lumb Public School · Public elementary0.4 km · 73% at standard
Oasis Alternative Secondary School · Public secondary0.9 km
ALPHA Alternative Junior School · Public elementary0.9 km
St Mary Catholic School · Catholic elementary1.1 km · 64% at standard
Niagara Street Junior Public School · Public elementary1.1 km · 82% at standard
Ogden Junior Public School · Public elementary1.4 km · 69% at standard
Charles G Fraser Junior Public School · Public elementary1.5 km · 74% at standard
Ryerson Community School Junior Senior · Public elementary1.6 km · 52% at standard
Givins/Shaw Junior Public School · Public elementary1.9 km · 81% at standard
Contact Alternative School School · Public secondary1.9 km
Heydon Park Secondary School · Public secondary2.0 km · 8% at standard
Beverley School · Public elementary2.1 km

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

Affordability & Mortgage

Affordability
$2,233/mo
$102KIncome needed
4.8×Price ÷ income
$515Weekly cost
$12,550Land 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.

80%mortgage
Mortgage $2,233Property tax $193Condo fee $370Total carry $2,797

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)
$2,167per month

Mortgage amount $391,999 · 4.49% over 25 years

$98,000Down payment (20.0%)
$391,999Loan before insurance
$0CMHC premium
$2,731Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,167
Property tax
$193
Condo / maintenance fees
$370
Heating
$0
Estimated monthly cost
$2,731

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

One-time closing costs

Ontario land transfer tax
$6,275
Toronto municipal land transfer tax
$6,275
Estimated closing costs
$12,550

Plus your down payment of $98,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,623/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

$258,230Total interest paid
$650,229Total of all payments
Principal $391,999 Interest $258,230
YearPrincipalInterestBalance
1$8,748$17,261$383,251
2$9,145$16,864$374,107
3$9,560$16,449$364,546
4$9,994$16,015$354,552
5$10,448$15,561$344,104
6$10,922$15,087$333,182
7$11,418$14,591$321,763
8$11,937$14,072$309,827
9$12,479$13,530$297,348
10$13,045$12,964$284,303
11$13,638$12,372$270,665
12$14,257$11,752$256,408
13$14,904$11,105$241,504
14$15,581$10,428$225,923
15$16,288$9,721$209,635
16$17,028$8,981$192,607
17$17,801$8,208$174,806
18$18,609$7,400$156,197
19$19,454$6,555$136,743
20$20,337$5,672$116,406
21$21,261$4,748$95,145
22$22,226$3,783$72,919
23$23,235$2,774$49,683
24$24,290$1,719$25,393
25$25,393$616$0

At the end of your 5-year term

Total paid over the term
$130,046
Principal paid down
$47,895
Interest paid
$82,151
Balance remaining
$344,104

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
2.2%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.

4.2%
Gross yield
− Property tax $2,317− Condo fees $4,445− Insurance $600− Vacancy & upkeep $2,244Net operating income $10,794

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

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