PH03-30 Grand Trunk Crescent, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C14092818

$535,000
For Sale
Just listed todayNo offer date stated
1+1Bedrooms
1Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • Welcome to PH03, a spectacular penthouse suite offering gorgeous city views and an exceptional downtown lifestyle.
  • Beautifully updated and perfectly move-in ready, this bright and spacious 1-bedroom + den residence offers approximately 653 sq. ft. of thoughtfully designed interior...
  • Featuring an open-concept living and dining area, a well-appointed kitchen with breakfast bar, a generous primary bedroom and a versatile den, ideal for a home office...
  • Ideally situated in the heart of downtown, just steps to Union Station, PATH, Longo's, Harbourfront, Rogers Centre, Scotiabank Arena, the waterfront, restaurants...

Welcome to PH03, a spectacular penthouse suite offering gorgeous city views and an exceptional downtown lifestyle. Beautifully updated and perfectly move-in ready, this bright and spacious 1-bedroom + den residence offers approximately 653 sq. ft. of thoughtfully designed interior space and a 110 sq. ft. private balcony. Featuring an open-concept living and dining area, a well-appointed kitchen with breakfast bar, a generous primary bedroom and a versatile den, ideal for a home office or additional living space. All utilities are included in the maintenance fees. Ideally situated in the heart of downtown, just steps to Union Station, PATH, Longo's, Harbourfront, Rogers Centre, Scotiabank Arena, the waterfront, restaurants, shopping and transit. An exceptional opportunity to enjoy penthouse living in one of Toronto's most convenient locations!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14092818
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
York/Bremner
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$856/mo
Exposure
North West
Property tax
$2,985 / 2026
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

DenFlat2.50 × 3.30 m

Laminate

Living RoomFlat2.91 × 3.28 m

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

Dining RoomFlat2.68 × 3.28 m

open concept · laminate · combined w/living

BedroomFlat4.32 × 3.15 m

double closet · laminate · window

KitchenFlat2.80 × 2.79 m

granite counters · breakfast bar · stainless steel appl

Our TakeTeam Asgarian · Broker
A small discount is typical
$519Klikely sale price

Listed at $535,000. Going by how homes in Waterfront Communities C1 have actually closed against their asking prices (about 97%, 283 local closings in 90 days), the likely sale price is near $519K, if it sells. A realistic range is $488K to $561K.

Independent value check: $511K. Without looking at the asking price, our model values the home itself about 4% below the ask (homes like it typically land between $475K and $537K).

Why $511K. The typical condo sold in Waterfront Communities C1 over the past year went for about $620K (1357 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,985 a year; the typical home sold here pays about $3,300.
  • ▼ Lowers it0 garage and 0 total parking spaces, against 1 and 1 typically.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it slightlyIt is 600 to 699 sq ft; the typical home sold here is 700 to 799.
List price
$488KBelow recent closings$561KAbove recent closings

Total price vs nearby homes. Likely closing about $519K, from 283 recent closings in this pocket.

The market behind the math:

283sold nearby · 90 days
$620Kmedian sold price
96%of asking, on average
~29 dayshomes like this take to sell
$2,600/moest. rent · 5 leases
5.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.7 months of inventory: 68 condo apartment homes for sale in the area against 283 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 $824/sqft against an area asking average of $920/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 283 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $558K. 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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.

Based on 4 homes sold in this building over the past 5 months, plus 1 nearby in Waterfront Communities C1, from 500 closings in Waterfront Communities C1.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$549kavg 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 $845/sqft; this home lists at $824/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
535kThis home540k525k550k560k568kThis home vs active comparables

Sold price trend

Median sold price for condos in Waterfront Communities C1: $621K in September 2026, down 6% from a year ago, on 1,320 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$655K132
November 2025$618K116
December 2025$690K78
January 2026$601K78
February 2026$648K105
March 2026$640K109
April 2026$615K124
May 2026$608K135
June 2026$610K139
July 2026$600K94
August 2026$588K117
September 2026$621K93

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.

Church-Yonge Corridor
$876K
Waterfront Communities C8
$554K
Moss Park
$549K
Kensington-Chinatown
$585K
Niagara
$724K

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 · 1.0 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Downtown Alternative School · Public elementary1.2 km
St Michael Catholic School · Catholic elementary1.2 km · 67% at standard
Oasis Alternative Secondary School · Public secondary1.3 km
ALPHA Alternative Junior School · Public elementary1.3 km
Ogden Junior Public School · Public elementary1.3 km · 69% at standard
City School · Public secondary1.4 km · 58% at standard
The Waterfront School · Public elementary1.4 km · 74% at standard
Contact Alternative School School · Public secondary1.4 km
St Michael's Choir (Sr) School · Catholic secondary1.5 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary1.5 km · 98% at standard
Market Lane Junior and Senior Public School · Public elementary1.7 km · 74% at standard
Heydon Park Secondary School · Public secondary1.7 km · 8% at standard

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

Affordability & Mortgage

Affordability
$2,438/mo
$121KIncome needed
4.4×Price ÷ income
$563Weekly cost
$14,350Land 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.

69%mortgage
Mortgage $2,438Property tax $249Condo fee $856Total carry $3,543

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)
$2,366per month

Mortgage amount $428,000 · 4.49% over 25 years

$107,000Down payment (20.0%)
$428,000Loan before insurance
$0CMHC premium
$3,471Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,366
Property tax
$249
Condo / maintenance fees
$856
Heating
$0
Estimated monthly cost
$3,471

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

One-time closing costs

Ontario land transfer tax
$7,175
Toronto municipal land transfer tax
$7,175
Estimated closing costs
$14,350

Plus your down payment of $107,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,864/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

$281,946Total interest paid
$709,946Total of all payments
Principal $428,000 Interest $281,946
YearPrincipalInterestBalance
1$9,551$18,847$418,449
2$9,985$18,413$408,464
3$10,438$17,960$398,026
4$10,912$17,486$387,114
5$11,408$16,990$375,706
6$11,925$16,472$363,781
7$12,467$15,931$351,314
8$13,033$15,365$338,281
9$13,625$14,773$324,656
10$14,243$14,154$310,413
11$14,890$13,508$295,523
12$15,566$12,832$279,957
13$16,273$12,125$263,684
14$17,012$11,386$246,672
15$17,784$10,614$228,888
16$18,592$9,806$210,296
17$19,436$8,962$190,860
18$20,318$8,080$170,542
19$21,241$7,157$149,301
20$22,205$6,193$127,096
21$23,213$5,184$103,883
22$24,267$4,130$79,615
23$25,369$3,029$54,246
24$26,521$1,877$27,725
25$27,725$673$0

At the end of your 5-year term

Total paid over the term
$141,989
Principal paid down
$52,294
Interest paid
$89,695
Balance remaining
$375,706

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 5 whole-home leases in Waterfront Communities C1$2,600/mo
$31,200Gross annual rent
2.6%Cap rate after taxes and upkeep
$2,288 to $2,912Typical rent range
~15 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 5 whole-home leases in Waterfront Communities C1 signed at a median of $2,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,600. 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.

5.8%
Gross yield
− Property tax $2,985− Condo fees $10,270− Insurance $600− Vacancy & upkeep $3,432Net operating income $13,913

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

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