1502-35 Mariner Terrace, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C14029658

$579,000
For Sale
Listed 6 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Cozy one-bedroom plus den suite at Harbourview Estates featuring 648 square feet of smart, open-concept living space.
  • A massive 30,000-square-foot Super Club complex complete offers an indoor pool, gym, bowling alley, basketball court, squash court and home theater...etc.
  • Set in an unbeatable downtown location, Steps to Rogers Centre and CN Tower, and just a short walk to the Financial District, subway lines, and the Entertainment...

Cozy one-bedroom plus den suite at Harbourview Estates featuring 648 square feet of smart, open-concept living space. Freshly painted throughout with brand-new laminate floors, this home offers a highly functional layout where the den can be easily used as a home office or second bedroom. A massive 30,000-square-foot Super Club complex complete offers an indoor pool, gym, bowling alley, basketball court, squash court and home theater...etc. Set in an unbeatable downtown location, Steps to Rogers Centre and CN Tower, and just a short walk to the Financial District, subway lines, and the Entertainment District. With a top-tier transit score and quick access to the TTC, Union Station, and the Gardiner Expressway, it's city living made easy.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14029658
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Spadina Rd/ Lake Shore Blvd W
Parking
1 garage (underground)
Basement
None, Other
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$600/mo
Exposure
West
Property tax
$2,854 / 2026
Days on market
6
Listing brokerage
CENTURY 21 KING`S QUAY REAL ESTATE INC.

Rooms

BedroomFlat2.90 × 3.43 m

laminate · large closet

DenFlat1.98 × 1.98 m

Laminate

KitchenFlat2.44 × 2.44 m

ceramic floor · double sink · open concept

Dining RoomFlat5.64 × 3.43 m

laminate · combined w/living · open concept

Living RoomFlat5.64 × 3.43 m

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

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 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.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$577kavg 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 $888/sqft; this home lists at $891/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
579kThis home589k569k568k560k599kThis home vs active comparables

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.

Niagara
$724K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K
Waterfront Communities C8
$554K
North St. James Town
$765K

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 · 0.2 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
The Waterfront School · Public elementary0.6 km · 74% at standard
Oasis Alternative Secondary School · Public secondary0.8 km
ALPHA Alternative Junior School · Public elementary0.8 km
Ogden Junior Public School · Public elementary1.1 km · 69% at standard
St Mary Catholic School · Catholic elementary1.2 km · 64% at standard
Niagara Street Junior Public School · Public elementary1.4 km · 82% at standard
Ryerson Community School Junior Senior · Public elementary1.5 km · 52% at standard
Contact Alternative School School · Public secondary1.6 km
Heydon Park Secondary School · Public secondary1.7 km · 8% at standard
Charles G Fraser Junior Public School · Public elementary1.7 km · 74% at standard
Beverley School · Public elementary1.8 km
Subway Academy II · Public secondary1.8 km

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

Affordability & Mortgage

Affordability
$2,639/mo
$123KIncome needed
4.7×Price ÷ income
$609Weekly cost
$16,110Land 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.

76%mortgage
Mortgage $2,639Property tax $238Condo fee $600Total carry $3,477

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,561per month

Mortgage amount $463,200 · 4.49% over 25 years

$115,800Down payment (20.0%)
$463,200Loan before insurance
$0CMHC premium
$3,399Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,561
Property tax
$238
Condo / maintenance fees
$600
Heating
$0
Estimated monthly cost
$3,399

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

One-time closing costs

Ontario land transfer tax
$8,055
Toronto municipal land transfer tax
$8,055
Estimated closing costs
$16,110

Plus your down payment of $115,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,100/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

$305,134Total interest paid
$768,334Total of all payments
Principal $463,200 Interest $305,134
YearPrincipalInterestBalance
1$10,337$20,397$452,863
2$10,806$19,927$442,057
3$11,297$19,437$430,761
4$11,810$18,924$418,951
5$12,346$18,388$406,606
6$12,906$17,827$393,699
7$13,492$17,241$380,207
8$14,105$16,628$366,102
9$14,745$15,988$351,357
10$15,415$15,319$335,942
11$16,115$14,619$319,827
12$16,846$13,887$302,981
13$17,611$13,122$285,370
14$18,411$12,322$266,959
15$19,247$11,487$247,712
16$20,121$10,613$227,591
17$21,034$9,699$206,557
18$21,989$8,744$184,568
19$22,988$7,746$161,580
20$24,031$6,702$137,549
21$25,123$5,611$112,426
22$26,263$4,470$86,163
23$27,456$3,278$58,708
24$28,702$2,031$30,005
25$30,005$728$0

At the end of your 5-year term

Total paid over the term
$153,667
Principal paid down
$56,594
Interest paid
$97,072
Balance remaining
$406,606

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$2,050/mo
$24,600Gross annual rent
1.9%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 $2,854− Condo fees $7,202− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,237

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 KING`S QUAY REAL ESTATE INC.. MLS®/PropTx.

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