3807-21 Iceboat Terrace, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C14086082

$629,900
For Sale
Listed 3 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Beautiful One-Bedroom + Den Residence Located In Parade II Condominiums.
  • Spacious And Functional Layout, 718 SQ.

Beautiful One-Bedroom + Den Residence Located In Parade II Condominiums. Great Location In The Heart Of The Vibrant Community Of Fort York. Floor to Ceiling Windows Offering Fantastic Views Overlooking The Lake. Spacious And Functional Layout, 718 SQ. FT + 38 SQ. FT Balcony. The Modern Kitchen Features A Fantastic Layout. The Spacious Primary Bedroom Includes A Large Double Closet. The Den Is Perfect For A Home Office.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14086082
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
Cross streets
Spadina And Fort York
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$700/mo
Exposure
South
Property tax
$3,422 / 2026
Days on market
3
Listing brokerage
LANDPOWER REAL ESTATE LTD.

Rooms

KitchenFlat5.33 × 4.30 m

laminate · combined w/dining · b/i appliances

Dining RoomFlat5.33 × 4.30 m

laminate · combined w/living

Primary BedroomFlat3.27 × 2.89 m

Laminate

Living RoomFlat5.33 × 4.30 m

window floor to ceiling · combined w/kitchen · w/o to balcony

DenFlat2.47 × 1.63 m

Laminate

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
$616kavg 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 $872/sqft; this home lists at $840/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
630kThis home630k688k609k555k600kThis 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 · 0.3 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
The Waterfront School · Public elementary0.5 km · 74% at standard
Oasis Alternative Secondary School · Public secondary0.6 km
ALPHA Alternative Junior School · Public elementary0.6 km
St Mary Catholic School · Catholic elementary0.8 km · 64% at standard
Niagara Street Junior Public School · Public elementary1.0 km · 82% at standard
Ogden Junior Public School · Public elementary1.1 km · 69% at standard
Ryerson Community School Junior Senior · Public elementary1.3 km · 52% at standard
Charles G Fraser Junior Public School · Public elementary1.3 km · 74% at standard
Contact Alternative School School · Public secondary1.6 km
Heydon Park Secondary School · Public secondary1.6 km · 8% at standard
Beverley School · Public elementary1.7 km
Subway Academy II · Public secondary1.7 km

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

Affordability & Mortgage

Affordability
$2,871/mo
$135KIncome needed
4.7×Price ÷ income
$663Weekly cost
$18,146Land 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 $2,871Property tax $285Condo fee $700Total carry $3,856

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)
$2,786per month

Mortgage amount $503,920 · 4.49% over 25 years

$125,980Down payment (20.0%)
$503,920Loan before insurance
$0CMHC premium
$3,771Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,786
Property tax
$285
Condo / maintenance fees
$700
Heating
$0
Estimated monthly cost
$3,771

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

One-time closing costs

Ontario land transfer tax
$9,073
Toronto municipal land transfer tax
$9,073
Estimated closing costs
$18,146

Plus your down payment of $125,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,372/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

$331,958Total interest paid
$835,878Total of all payments
Principal $503,920 Interest $331,958
YearPrincipalInterestBalance
1$11,245$22,190$492,675
2$11,756$21,679$480,919
3$12,290$21,145$468,629
4$12,848$20,587$455,781
5$13,431$20,004$442,350
6$14,041$19,394$428,309
7$14,678$18,757$413,631
8$15,345$18,090$398,286
9$16,042$17,394$382,245
10$16,770$16,665$365,475
11$17,531$15,904$347,943
12$18,327$15,108$329,616
13$19,159$14,276$310,457
14$20,029$13,406$290,427
15$20,939$12,496$269,489
16$21,889$11,546$247,599
17$22,883$10,552$224,716
18$23,922$9,513$200,793
19$25,009$8,427$175,785
20$26,144$7,291$149,641
21$27,331$6,104$122,310
22$28,572$4,863$93,738
23$29,869$3,566$63,869
24$31,225$2,210$32,643
25$32,643$792$0

At the end of your 5-year term

Total paid over the term
$167,176
Principal paid down
$61,570
Interest paid
$105,606
Balance remaining
$442,350

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$2,400/mo
$28,800Gross annual rent
2.1%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.

4.6%
Gross yield
− Property tax $3,422− Condo fees $8,403− Insurance $600− Vacancy & upkeep $3,168Net operating income $13,206

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

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