611-25 Telegram Mews, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C14090824

$488,000
For Sale
Listed 2 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • Over look the waterfront in this open Concept, 1+1 Condo In The Most Magnificent Downtown Location - Right By The CN Tower And Rogers Center.
  • Inviting Kitchen With space for an Island And Bar Stools For Eating and Entertaining. maintenance for Excellent Amenities Within The Building: Indoor Pool, Gym...

Over look the waterfront in this open Concept, 1+1 Condo In The Most Magnificent Downtown Location - Right By The CN Tower And Rogers Center. Spacious Bathroom And Shower. Inviting Kitchen With space for an Island And Bar Stools For Eating and Entertaining. maintenance for Excellent Amenities Within The Building: Indoor Pool, Gym, Theatze, Bbq Area, Hot Tub, Sauna, 24Hr Concierge. Walking Distance To Grocery Stores, Restaurants, Shops, highways And The Waterfront. Perfect For a Single Or Couple!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14090824
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Spadina/Fort York
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$387/mo
Exposure
West
Property tax
$2,287 / 2026
Days on market
2
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

KitchenMain3.36 × 2.87 m

breakfast bar · laminate · b/i appliances

BathroomMain1.50 × 2.62 m

4 pc bath · porcelain floor · porcelain sink

DenMain2.34 × 2.79 m

laminate · large closet

BedroomMain3.49 × 2.62 m

large closet · broadloom · large window

Living RoomMain4.43 × 2.87 m

w/o to balcony · laminate · large 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
$523kavg 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 $805/sqft; this home lists at $751/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
488kThis home465k525k535k540k550kThis 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
$631K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$567K
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 secondary0.6 km
ALPHA Alternative Junior School · Public elementary0.6 km
St Mary Catholic School · Catholic elementary1.0 km · 64% at standard
Ogden Junior Public School · Public elementary1.0 km · 69% at standard
Niagara Street Junior Public School · Public elementary1.2 km · 82% at standard
Ryerson Community School Junior Senior · Public elementary1.3 km · 52% at standard
Contact Alternative School School · Public secondary1.5 km
Charles G Fraser Junior Public School · Public elementary1.5 km · 74% at standard
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
$2,224/mo
$102KIncome needed
4.8×Price ÷ income
$513Weekly cost
$12,470Land 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.

79%mortgage
Mortgage $2,224Property tax $191Condo fee $387Total carry $2,802

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)
$2,159per month

Mortgage amount $390,400 · 4.49% over 25 years

$97,600Down payment (20.0%)
$390,400Loan before insurance
$0CMHC premium
$2,736Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,159
Property tax
$191
Condo / maintenance fees
$387
Heating
$0
Estimated monthly cost
$2,736

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

One-time closing costs

Ontario land transfer tax
$6,235
Toronto municipal land transfer tax
$6,235
Estimated closing costs
$12,470

Plus your down payment of $97,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,613/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

$257,177Total interest paid
$647,577Total of all payments
Principal $390,400 Interest $257,177
YearPrincipalInterestBalance
1$8,712$17,191$381,688
2$9,108$16,795$372,580
3$9,521$16,382$363,059
4$9,953$15,950$353,106
5$10,405$15,498$342,700
6$10,878$15,025$331,823
7$11,372$14,531$320,451
8$11,888$14,015$308,563
9$12,428$13,475$296,135
10$12,992$12,911$283,143
11$13,582$12,321$269,561
12$14,199$11,704$255,362
13$14,843$11,060$240,519
14$15,517$10,386$225,002
15$16,222$9,681$208,780
16$16,958$8,945$191,822
17$17,728$8,175$174,093
18$18,533$7,370$155,560
19$19,375$6,528$136,185
20$20,254$5,649$115,931
21$21,174$4,729$94,757
22$22,135$3,768$72,621
23$23,140$2,763$49,481
24$24,191$1,712$25,290
25$25,290$614$0

At the end of your 5-year term

Total paid over the term
$129,515
Principal paid down
$47,700
Interest paid
$81,816
Balance remaining
$342,700

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
2.9%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.

5.0%
Gross yield
− Property tax $2,287− Condo fees $4,646− Insurance $600− Vacancy & upkeep $2,706Net operating income $14,362

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

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