5303-35 Mariner Terrace, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C14089204

$688,000
For Sale
Listed 2 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Imagine coming home to some of the most spectacular views Toronto has to offer.
  • Located on the 53rd floor, just 3 floors from the top, this incredible 1 bedroom plus den suite delivers breathtaking panoramic views in every direction.
  • 733 sq. ft. plus a private balcony, this suite features a highly desirable wide floor plan with wall-to-wall windows that fill the living space with natural light.
  • Enjoy the incredible 30,000 sq. ft.
  • SuperClub, featuring an indoor pool, basketball court, tennis and squash courts, bowling alley, running track, fitness centre, billiards, theatre and more.

Imagine coming home to some of the most spectacular views Toronto has to offer! Located on the 53rd floor, just 3 floors from the top, this incredible 1 bedroom plus den suite delivers breathtaking panoramic views in every direction! Enjoy stunning views south to Lake Ontario, west and north across the city, and east to the Rogers Centre and CN Tower. Truly spectacular! Offering approx. 733 sq. ft. plus a private balcony, this suite features a highly desirable wide floor plan with wall-to-wall windows that fill the living space with natural light. Unlike the typical long, narrow condo with windows at one end, this layout feels bright, open and spacious throughout. Parking and locker included! Enjoy the incredible 30,000 sq. ft. SuperClub, featuring an indoor pool, basketball court, tennis and squash courts, bowling alley, running track, fitness centre, billiards, theatre and more! Steps to the waterfront, restaurants, entertainment and transit. Downtown living doesn't get much better than this!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14089204
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
Cross streets
Front & Spadina
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$686/mo
Exposure
North West
Property tax
$3,184 / 2026
Days on market
2
Listing brokerage
ROYAL LEPAGE TERREQUITY TCK FINE HOMES REALTY

Rooms

Dining RoomMain4.75 × 4.75 m

open concept · combined w/living · laminate

Living RoomMain4.75 × 4.75 m

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

Primary BedroomMain3.53 × 3.43 m

south view · picture window · closet

DenMain2.08 × 2.08 m

separate room · laminate

KitchenMain3.08 × 2.42 m

stainless steel appl · granite counters · window

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
$605kavg 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 $856/sqft; this home lists at $918/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
688kThis home630k630k555k609k600kThis 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.

Kensington-Chinatown
$578K
Niagara
$631K
Waterfront Communities C8
$525K
Moss Park
$495K
Little Portugal
$549K

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
$3,136/mo
$144KIncome needed
4.8×Price ÷ income
$724Weekly cost
$20,470Land 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.

77%mortgage
Mortgage $3,136Property tax $265Condo fee $686Total carry $4,087

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)
$3,043per month

Mortgage amount $550,400 · 4.49% over 25 years

$137,600Down payment (20.0%)
$550,400Loan before insurance
$0CMHC premium
$3,995Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,043
Property tax
$265
Condo / maintenance fees
$686
Heating
$0
Estimated monthly cost
$3,995

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

One-time closing costs

Ontario land transfer tax
$10,235
Toronto municipal land transfer tax
$10,235
Estimated closing costs
$20,470

Plus your down payment of $137,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,683/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

$362,577Total interest paid
$912,977Total of all payments
Principal $550,400 Interest $362,577
YearPrincipalInterestBalance
1$12,283$24,236$538,117
2$12,840$23,679$525,277
3$13,423$23,096$511,854
4$14,033$22,486$497,821
5$14,670$21,849$483,151
6$15,336$21,183$467,815
7$16,032$20,487$451,783
8$16,760$19,759$435,023
9$17,521$18,998$417,502
10$18,317$18,202$399,185
11$19,148$17,371$380,037
12$20,018$16,501$360,019
13$20,927$15,592$339,092
14$21,877$14,642$317,215
15$22,870$13,649$294,345
16$23,908$12,611$270,437
17$24,994$11,525$245,443
18$26,129$10,390$219,314
19$27,315$9,204$191,999
20$28,555$7,964$163,443
21$29,852$6,667$133,591
22$31,207$5,312$102,384
23$32,624$3,895$69,760
24$34,106$2,413$35,654
25$35,654$865$0

At the end of your 5-year term

Total paid over the term
$182,595
Principal paid down
$67,249
Interest paid
$115,347
Balance remaining
$483,151

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
2.0%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 $3,184− Condo fees $8,230− Insurance $600− Vacancy & upkeep $3,168Net operating income $13,617

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY TCK FINE HOMES REALTY. MLS®/PropTx.

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