5301-28 Freeland Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C14028598

$2,200,000
For Sale
Listed 6 days agoNo offer date stated
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3Bedrooms
3Bathrooms
2Garage
1800-1999Sq ft

About this home

In short

  • Perched high on the 53rd floor in Prestige at Pinnacle One Yonge, this remarkable luxury residence offers an elevated lifestyle in Toronto's East Bayfront.
  • Spanning approximately 1,873 sq. ft., plus a 390 sq. ft. wrap-around balcony, this spectacular suite boasts breathtaking, unobstructed Lake Ontario views.
  • Featuring three spacious bedrooms, the primary retreat offers his-and-hers walk-in closets and a luxurious spa-inspired ensuite, while one secondary bedroom also...
  • Bathed in natural light through floor-to-ceiling windows, the open-concept layout showcases soaring ceilings, engineered hardwood floors, and a designer kitchen with...
  • Lawrence Market, and the TTC, residents also enjoy building amenities including a fitness centre and yoga studio, while the neighbouring community centre with a...

Perched high on the 53rd floor in Prestige at Pinnacle One Yonge, this remarkable luxury residence offers an elevated lifestyle in Toronto's East Bayfront. Spanning approximately 1,873 sq. ft., plus a 390 sq. ft. wrap-around balcony, this spectacular suite boasts breathtaking, unobstructed Lake Ontario views. Featuring three spacious bedrooms, the primary retreat offers his-and-hers walk-in closets and a luxurious spa-inspired ensuite, while one secondary bedroom also includes a walk-in closet and ensuite. Bathed in natural light through floor-to-ceiling windows, the open-concept layout showcases soaring ceilings, engineered hardwood floors, and a designer kitchen with a massive island, panelled integrated appliances, and quartz countertops. Smart home technology, keyless entry, custom drapery, two parking spaces, and two premium lockers complete this exceptional residence. Steps from the waterfront, Union Station, the Financial District, St. Lawrence Market, and the TTC, residents also enjoy building amenities including a fitness centre and yoga studio, while the neighbouring community centre with a swimming pool is conveniently located within the same development. Don't miss the 4K video tour!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14028598
Bedrooms
3
Bathrooms
3
Size
1800-1999 sq ft
Cross streets
Yonge/Queens Quay
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,917/mo
Exposure
South East
Property tax
$16,462 / 2025
Days on market
6
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Living RoomFlat8.13 × 5.62 m

combined w/dining · w/o to balcony · south view

Primary BedroomFlat3.94 × 3.11 m

walk-in closet(s) · 5 pc bath · south view

Dining RoomFlat8.13 × 5.26 m

combined w/kitchen · w/o to balcony · se view

Bedroom 3Flat3.94 × 2.88 m

closet · south view · large window

KitchenFlat4.75 × 2.97 m

combined w/living · combined w/dining · centre island

Bedroom 2Flat3.45 × 2.92 m

walk-in closet(s) · 3 pc bath · east 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 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.

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.

Church-Yonge Corridor
$580K
Moss Park
$495K
Waterfront Communities C1
$713K
Kensington-Chinatown
$600K
North St. James Town
$649K

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 · 2.9 km awayBelow the GTA average · 59% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Downtown Alternative School · Public elementary0.5 km
Market Lane Junior and Senior Public School · Public elementary1.0 km · 74% at standard
St Michael's Choir (Sr) School · Catholic secondary1.3 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary1.3 km · 98% at standard
Contact Alternative School School · Public secondary1.7 km
Bishop Macdonell Catholic School · Catholic elementary1.7 km · 82% at standard
St Paul Catholic School · Catholic elementary1.7 km · 62% at standard
Jean Lumb Public School · Public elementary1.7 km · 73% at standard
Ogden Junior Public School · Public elementary1.8 km · 69% at standard
Oasis Alternative Secondary School · Public secondary1.9 km
ALPHA Alternative Junior School · Public elementary1.9 km
Nelson Mandela Park Public School · Public elementary1.9 km · 47% at standard

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

Affordability & Mortgage

Affordability
$10,027/mo
$467KIncome needed
4.7×Price ÷ income
$2,314Weekly cost
$82,950Land 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.

75%mortgage
Mortgage $10,027Property tax $1,372Condo fee $1,917Total carry $13,316

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$9,731per month

Mortgage amount $1,760,000 · 4.49% over 25 years

$440,000Down payment (20.0%)
$1,760,000Loan before insurance
$0CMHC premium
$13,020Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,731
Property tax
$1,372
Condo / maintenance fees
$1,917
Heating
$0
Estimated monthly cost
$13,020

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

One-time closing costs

Ontario land transfer tax
$41,475
Toronto municipal land transfer tax
$41,475
Estimated closing costs
$82,950

Plus your down payment of $440,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$11,778/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

$1,159,403Total interest paid
$2,919,403Total of all payments
Principal $1,760,000 Interest $1,159,403
YearPrincipalInterestBalance
1$39,276$77,500$1,720,724
2$41,059$75,717$1,679,665
3$42,923$73,853$1,636,742
4$44,872$71,904$1,591,870
5$46,909$69,867$1,544,960
6$49,039$67,737$1,495,921
7$51,266$65,510$1,444,655
8$53,594$63,182$1,391,062
9$56,027$60,749$1,335,035
10$58,571$58,205$1,276,464
11$61,230$55,546$1,215,234
12$64,010$52,766$1,151,223
13$66,917$49,859$1,084,307
14$69,955$46,821$1,014,352
15$73,131$43,645$941,221
16$76,452$40,325$864,769
17$79,923$36,853$784,846
18$83,552$33,225$701,295
19$87,345$29,431$613,950
20$91,311$25,465$522,639
21$95,457$21,319$427,182
22$99,791$16,985$327,391
23$104,322$12,454$223,069
24$109,059$7,718$114,010
25$114,010$2,766$0

At the end of your 5-year term

Total paid over the term
$583,881
Principal paid down
$215,040
Interest paid
$368,841
Balance remaining
$1,544,960

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$6,100/mo
$73,200Gross annual rent
1.1%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.

3.3%
Gross yield
− Property tax $16,462− Condo fees $23,007− Insurance $600− Vacancy & upkeep $8,052Net operating income $25,079

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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