2611-55 Cooper Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C14034658

$989,900
For Sale
Listed 5 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome to the iconic Sugar Wharf Condominiums by Menkes, an exceptional blend of moderndesign, comfort, and convenience in the heart of Toronto's waterfront.
  • This bright and spacious 3-bedroom corner suite offers approximately 812 sq. ft. of interiorliving space, complemented by an impressive 335 sq. ft. wraparound balcony...
  • Thesleek open-concept layout is designed for modern urban living, with a stylish kitchen equippedwith built-in appliances and abundant storage.
  • Residents of 55 Cooper St. enjoy an impressive collection of amenities, including a state-of-the-art fitness centre, indoor pool, landscaped rooftop terraces, and...

Welcome to the iconic Sugar Wharf Condominiums by Menkes, an exceptional blend of moderndesign, comfort, and convenience in the heart of Toronto's waterfront.This bright and spacious 3-bedroom corner suite offers approximately 812 sq. ft. of interiorliving space, complemented by an impressive 335 sq. ft. wraparound balcony with panoramicviews of the Toronto skyline and lake. Floor-to-ceiling windows fill the home with naturallight, while elegant laminate flooring adds a warm, contemporary feel throughout.All three bedrooms are generously sized, featuring large windows and ample closet space. Thesleek open-concept layout is designed for modern urban living, with a stylish kitchen equippedwith built-in appliances and abundant storage.Residents of 55 Cooper St. enjoy an impressive collection of amenities, including a state-of-the-art fitness centre, indoor pool, landscaped rooftop terraces, and 24-hour conciergeservice.Ideally located just steps from Sugar Beach, Loblaws, LCBO, and St. Lawrence Market, with easyaccess to Union Station, the Financial District, Harbourfront Centre, restaurants, shopping,and Toronto's waterfront.Whether you're looking for a stylish family home or a smart investment opportunity, SugarWharf offers the perfect combination of luxury, lifestyle, and location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14034658
Bedrooms
3
Bathrooms
2
Size
800-899 sq ft
Cross streets
Yonge St & Queens Quay W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$862/mo
Exposure
South West
Property tax
$4,868 / 2025
Days on market
5
Listing brokerage
LIFESTYLE/YONGE REALTY INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$959Klikely sale price

Listed at $989,900. Going by how homes in Waterfront Communities C8 have actually closed against their asking prices (about 97%, 82 local closings in 90 days), the likely sale price is near $959K, if it sells. A realistic range is $904K to $1.04M.

Independent value check: $835K. Without looking at the asking price, our model values the home itself about 16% below the ask (homes like it typically land between $777K and $878K).

Why $835K. The typical condo sold in Waterfront Communities C8 over the past year went for about $620K (399 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $4,868 a year; the typical home sold here pays about $3,400.
  • ▲ Raises it stronglyIt is 800 to 899 sq ft; the typical home sold here is 700 to 799.
  • ▲ Raises it3 bedrooms and 2 baths, against 1+1 and 2 typically.
List price
$904KBelow recent closings$1.04MAbove recent closings

Total price vs nearby homes. Likely closing about $959K, from 82 recent closings in this pocket.

The market behind the math:

82sold nearby · 90 days
$558Kmedian sold price
96%of asking, on average
−17%prices vs a year ago
~32 dayshomes like this take to sell
5days on market so far
$3,450/moest. rent · 15 leases
4.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.9 months of inventory: 25 condo apartment homes for sale in the area against 82 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 $1,165/sqft against an area asking average of $822/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 82 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $723K. Condition and finishes remain an in-person call.

What the listing highlights2 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
Schools & getting aroundcatchment and transit

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.

Based on 15 homes sold in this building over the past 17 months, from 496 closings in Waterfront Communities C8.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C8 · asking prices
$804kavg 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 $905/sqft; this home lists at $1,165/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
990kThis home800k1.22M589k680k729kThis 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
$633K
Waterfront Communities C1
$750K
Church-Yonge Corridor
$659K
Bay Street Corridor
$479K
Mount Pleasant West
$639K

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 · 2.7 km awayBelow the GTA average · 59% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Downtown Alternative School · Public elementary0.3 km
Market Lane Junior and Senior Public School · Public elementary0.8 km · 74% at standard
St Michael's Choir (Sr) School · Catholic secondary1.2 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary1.2 km · 98% at standard
St Paul Catholic School · Catholic elementary1.5 km · 62% at standard
Nelson Mandela Park Public School · Public elementary1.7 km · 47% at standard
Contact Alternative School School · Public secondary1.8 km
Lord Dufferin Junior and Senior Public School · Public elementary1.8 km · 55% at standard
Bishop Macdonell Catholic School · Catholic elementary1.9 km · 82% at standard
Jean Lumb Public School · Public elementary1.9 km · 73% at standard
Ogden Junior Public School · Public elementary2.0 km · 69% at standard
Oasis Alternative Secondary School · Public secondary2.1 km

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

Affordability & Mortgage

Affordability
$4,512/mo
$204KIncome needed
4.8×Price ÷ income
$1,041Weekly cost
$32,546Land 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.

78%mortgage
Mortgage $4,512Property tax $406Condo fee $862Total carry $5,779

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)
$4,379per month

Mortgage amount $791,920 · 4.49% over 25 years

$197,980Down payment (20.0%)
$791,920Loan before insurance
$0CMHC premium
$5,646Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,379
Property tax
$406
Condo / maintenance fees
$862
Heating
$0
Estimated monthly cost
$5,646

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

One-time closing costs

Ontario land transfer tax
$16,273
Toronto municipal land transfer tax
$16,273
Estimated closing costs
$32,546

Plus your down payment of $197,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,300/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

$521,678Total interest paid
$1,313,598Total of all payments
Principal $791,920 Interest $521,678
YearPrincipalInterestBalance
1$17,672$34,872$774,248
2$18,475$34,069$755,773
3$19,313$33,230$736,460
4$20,190$32,354$716,269
5$21,107$31,437$695,162
6$22,065$30,478$673,097
7$23,067$29,477$650,029
8$24,115$28,429$625,914
9$25,210$27,334$600,705
10$26,354$26,190$574,351
11$27,551$24,993$546,800
12$28,802$23,742$517,998
13$30,109$22,435$487,889
14$31,477$21,067$456,412
15$32,906$19,638$423,506
16$34,400$18,144$389,107
17$35,962$16,582$353,145
18$37,594$14,950$315,551
19$39,301$13,243$276,249
20$41,086$11,458$235,164
21$42,951$9,593$192,212
22$44,901$7,643$147,311
23$46,940$5,604$100,371
24$49,071$3,473$51,299
25$51,299$1,245$0

At the end of your 5-year term

Total paid over the term
$262,720
Principal paid down
$96,758
Interest paid
$165,962
Balance remaining
$695,162

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 15 whole-home leases in Waterfront Communities C8$3,450/mo
$41,400Gross annual rent
2.1%Cap rate after taxes and upkeep
$3,278 to $3,650Typical rent range
~18 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 15 whole-home leases in Waterfront Communities C8 signed at a median of $3,050 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,450. 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.

4.2%
Gross yield
− Property tax $4,868− Condo fees $10,339− Insurance $600− Vacancy & upkeep $4,554Net operating income $21,039

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

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