2307-12 York Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C14028570

$714,800
For Sale
Listed 6 days agoNo offer date stated
2+1Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Prime downtown living at its finest.
  • Situated on the 23rd floor, this bright corner suite features a spacious 2+1 bedroom, 1.5 bathroom layout with 9 ft ceilings and floor-to-ceiling windows throughout...
  • The open-concept design is complemented by a large wraparound balcony offering stunning city views with a partial lake view - perfect for relaxing or entertaining.
  • Residents enjoy a full suite of premium amenities, including a rooftop deck, indoor pool, jacuzzi, spa, gym, sauna, yoga studio, media room, party and meeting rooms...
  • An excellent investment opportunity, this unit has a long-term tenant in place since 2017 who is willing to stay, offering strong and reliable rental income in one of...

Prime downtown living at its finest. Welcome to Unit 2307 at the iconic Ice Condos, located at 12 York Street right across from Union Station and Scotiabank Arena and just steps to Rogers Centre (8 min walk), Harbourfront Centre (7 min walk), the Financial District (9 min walk), the Entertainment District (9 min walk) and the Martin Goodman Trail (6 min walk). This unbeatable location offers unmatched convenience, connectivity, and lifestyle. Situated on the 23rd floor, this bright corner suite features a spacious 2+1 bedroom, 1.5 bathroom layout with 9 ft ceilings and floor-to-ceiling windows throughout, filling the home with abundant natural light. The open-concept design is complemented by a large wraparound balcony offering stunning city views with a partial lake view - perfect for relaxing or entertaining. The modern kitchen is equipped with built-in appliances and granite countertops, seamlessly flowing into the living area. The bright living room and primary bedroom both feature walkouts to the balcony. Both bedrooms are generously sized and comfortably accommodate queen beds, while the den provides flexible space for a home office. A 4-piece main bathroom, convenient powder room, in-suite laundry, one underground parking space, and one locker complete the unit. Residents enjoy a full suite of premium amenities, including a rooftop deck, indoor pool, jacuzzi, spa, gym, sauna, yoga studio, media room, party and meeting rooms, guest suites, and an indoor children's play area. An excellent investment opportunity, this unit has a long-term tenant in place since 2017 who is willing to stay, offering strong and reliable rental income in one of Toronto's most sought-after locations.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14028570
Bedrooms
2+1 (3 total)
Bathrooms
2 (1 half)
Size
700-799 sq ft
Cross streets
York St & Bremner Blvd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$771/mo
Exposure
West
Property tax
$4,653 / 2025
Days on market
6
Listing brokerage
SAM MCDADI REAL ESTATE INC.

Rooms

Primary BedroomFlat2.97 × 3.95 m

window floor to ceiling · w/o to balcony · hardwood floor

Bedroom 2Flat4.04 × 3.56 m

window floor to ceiling · closet · hardwood floor

DenFlat1.83 × 2.19 m

Laminate

KitchenFlat1.24 × 3.35 m

b/i appliances · granite counters · tile floor

Living RoomFlat4.48 × 5.31 m

window floor to ceiling · w/o to balcony · laminate

Dining RoomFlat2.12 × 2.66 m

combined w/living · combined w/kitchen · laminate

Our TakeTeam Asgarian · Broker
A small discount is typical
$693Klikely sale price

Listed at $714,800. Going by how homes in Waterfront Communities C1 have actually closed against their asking prices (about 97%, 283 local closings in 90 days), the likely sale price is near $693K, if it sells. A realistic range is $653K to $750K.

Independent value check: $699K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $650K and $735K).

Why $699K. The typical condo sold in Waterfront Communities C1 over the past year went for about $620K (1357 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $4,653 a year; the typical home sold here pays about $3,300.
  • ▲ Raises it strongly2+1 bedrooms and 2 baths, against 1+1 and 1 typically.
List price
$653KBelow recent closings$750KAbove recent closings

Total price vs nearby homes. Likely closing about $693K, from 283 recent closings in this pocket.

The market behind the math:

283sold nearby · 90 days
$620Kmedian sold price
96%of asking, on average
~29 dayshomes like this take to sell
6days on market so far
$3,168/moest. rent · 402 leases
5.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.6 months of inventory: 58 condo apartment homes for sale in the area against 283 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 $954/sqft against an area asking average of $941/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 283 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $588K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Schools & getting aroundcatchment and transit

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

Based on 7 homes sold in this building over the past 5 months, from 500 closings in Waterfront Communities C1.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$748kavg 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 $972/sqft; this home lists at $954/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
715kThis home819k700k700k750k769kThis home vs active comparables

Sold price trend

Median sold price for condos in Waterfront Communities C1: $621K in September 2026, down 6% from a year ago, on 1,320 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$655K132
November 2025$618K116
December 2025$690K78
January 2026$601K78
February 2026$648K105
March 2026$640K109
April 2026$615K124
May 2026$608K135
June 2026$610K139
July 2026$600K94
August 2026$588K117
September 2026$621K93

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterfront Communities C8
$554K
Church-Yonge Corridor
$876K
Moss Park
$549K
Kensington-Chinatown
$585K
Niagara
$690K

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 Jean Lumb Public School
73%
Jean Lumb Public SchoolPublic · Elementary · 1.1 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Downtown Alternative School · Public elementary1.1 km
St Michael Catholic School · Catholic elementary1.2 km · 67% at standard
Oasis Alternative Secondary School · Public secondary1.4 km
ALPHA Alternative Junior School · Public elementary1.4 km
Ogden Junior Public School · Public elementary1.4 km · 69% at standard
City School · Public secondary1.4 km · 58% at standard
The Waterfront School · Public elementary1.4 km · 74% at standard
Contact Alternative School School · Public secondary1.5 km
St Michael's Choir (Sr) School · Catholic secondary1.5 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary1.5 km · 98% at standard
Market Lane Junior and Senior Public School · Public elementary1.6 km · 74% at standard
Heydon Park Secondary School · Public secondary1.8 km · 8% at standard

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

Affordability & Mortgage

Affordability
$3,258/mo
$155KIncome needed
4.6×Price ÷ income
$752Weekly cost
$21,542Land 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.

74%mortgage
Mortgage $3,258Property tax $388Condo fee $771Total carry $4,417

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)
$3,162per month

Mortgage amount $571,840 · 4.49% over 25 years

$142,960Down payment (20.0%)
$571,840Loan before insurance
$0CMHC premium
$4,321Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,162
Property tax
$388
Condo / maintenance fees
$771
Heating
$0
Estimated monthly cost
$4,321

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

One-time closing costs

Ontario land transfer tax
$10,771
Toronto municipal land transfer tax
$10,771
Estimated closing costs
$21,542

Plus your down payment of $142,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,827/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

$376,700Total interest paid
$948,540Total of all payments
Principal $571,840 Interest $376,700
YearPrincipalInterestBalance
1$12,761$25,181$559,079
2$13,340$24,601$545,739
3$13,946$23,995$531,792
4$14,579$23,362$517,213
5$15,241$22,700$501,972
6$15,933$22,008$486,038
7$16,657$21,285$469,382
8$17,413$20,529$451,969
9$18,204$19,738$433,765
10$19,030$18,911$414,735
11$19,894$18,047$394,840
12$20,798$17,144$374,043
13$21,742$16,200$352,301
14$22,729$15,213$329,572
15$23,761$14,181$305,811
16$24,840$13,102$280,971
17$25,968$11,974$255,004
18$27,147$10,795$227,857
19$28,379$9,562$199,478
20$29,668$8,274$169,810
21$31,015$6,927$138,795
22$32,423$5,519$106,372
23$33,895$4,046$72,477
24$35,434$2,508$37,043
25$37,043$899$0

At the end of your 5-year term

Total paid over the term
$189,708
Principal paid down
$69,868
Interest paid
$119,840
Balance remaining
$501,972

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 402 whole-home leases in Waterfront Communities C1$3,168/mo
$38,016Gross annual rent
2.7%Cap rate after taxes and upkeep
$3,009 to $3,359Typical rent range
~15 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 402 whole-home leases in Waterfront Communities C1 signed at a median of $2,700 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,168. 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.

5.3%
Gross yield
− Property tax $4,653− Condo fees $9,253− Insurance $600− Vacancy & upkeep $4,182Net operating income $19,328

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

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