642-38 Iannuzzi Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C14094194

$515,000
For Sale
Just listed todayNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Welcome to Fortune In The Saught After Fort York Neighbourhood.
  • This Bright One Plus Den Features No Wasted Space And A Funtional Open Concept Layout With Floor To Ceiling Windows.
  • The Buildings Resort Style Amenities Include 24Hrs Concierge, Gym, Sauna, Rooftop Deck, Mini Putt, Bocce, Steam Room, Cold Plunge, Party/Media &Game Rm, Guest Suites...

Welcome to Fortune In The Saught After Fort York Neighbourhood. This Bright One Plus Den Features No Wasted Space And A Funtional Open Concept Layout With Floor To Ceiling Windows. Upgraded Lighting Throughout. The European Style Kitchen Features Integrated Appliances, Stone Countertops, Marble Backsplash, Plenty Of Storage/Counter space and A Large Centre Island That Doubles For Seating. The Spacious Spa Like Bathroom Has Plenty Of Storage And A Deep Soaking Tub. The Den Is Seperate And Perfect For A Home Office. You're Steps Away To Loblaws, LCBO, Shoppers Drug Mart, The Waterfront, Gardiner Expressway, King St West, Billy Bishop Airport,The Bentway, Resturants and More. The Buildings Resort Style Amenities Include 24Hrs Concierge, Gym, Sauna, Rooftop Deck, Mini Putt, Bocce, Steam Room, Cold Plunge, Party/Media &Game Rm, Guest Suites & Visitor Parking. Locker Included.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14094194
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
BATHURST & LAKESHORE
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Maintenance
$382/mo
Exposure
East
Property tax
$2,455 / 2026
Listing brokerage
BRAD J. LAMB REALTY 2016 INC.

Rooms

Dining RoomMain0.00 × 0.00 m

laminate · combined w/living · open concept

KitchenMain0.00 × 0.00 m

b/i appliances · laminate

Living RoomMain0.00 × 0.00 m

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

DenMain0.00 × 0.00 m

laminate · separate room

Den

laminate · separate room

Living Room

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

Primary BedroomMain0.00 × 0.00 m

laminate · large window · mirrored closet

Kitchen

b/i appliances · laminate

Primary Bedroom

laminate · large window · mirrored closet

Dining Room

combined w/living · laminate · open concept

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

Its public catchment (The Waterfront School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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.

Waterfront Communities C1
$556K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$666K
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 The Waterfront School
74%
The Waterfront SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 74% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
City School · Public secondary0.4 km · 58% at standard
Jean Lumb Public School · Public elementary0.6 km · 73% at standard
Niagara Street Junior Public School · Public elementary0.9 km · 82% at standard
St Mary Catholic School · Catholic elementary1.0 km · 64% at standard
Oasis Alternative Secondary School · Public secondary1.0 km
ALPHA Alternative Junior School · Public elementary1.0 km
Charles G Fraser Junior Public School · Public elementary1.4 km · 74% at standard
Ogden Junior Public School · Public elementary1.5 km · 69% at standard
Ryerson Community School Junior Senior · Public elementary1.6 km · 52% at standard
Givins/Shaw Junior Public School · Public elementary1.7 km · 81% at standard
Msgr Fraser College (Southwest) · Catholic secondary1.9 km
Contact Alternative School School · Public secondary2.1 km

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

Affordability & Mortgage

Affordability
$2,347/mo
$107KIncome needed
4.8×Price ÷ income
$542Weekly cost
$13,550Land 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.

80%mortgage
Mortgage $2,347Property tax $205Condo fee $382Total carry $2,933

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)
$2,278per month

Mortgage amount $412,000 · 4.49% over 25 years

$103,000Down payment (20.0%)
$412,000Loan before insurance
$0CMHC premium
$2,865Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,278
Property tax
$205
Condo / maintenance fees
$382
Heating
$0
Estimated monthly cost
$2,865

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

One-time closing costs

Ontario land transfer tax
$6,775
Toronto municipal land transfer tax
$6,775
Estimated closing costs
$13,550

Plus your down payment of $103,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,757/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

$271,406Total interest paid
$683,406Total of all payments
Principal $412,000 Interest $271,406
YearPrincipalInterestBalance
1$9,194$18,142$402,806
2$9,612$17,725$393,194
3$10,048$17,288$383,146
4$10,504$16,832$372,642
5$10,981$16,355$361,661
6$11,480$15,857$350,182
7$12,001$15,335$338,181
8$12,546$14,790$325,635
9$13,115$14,221$312,519
10$13,711$13,625$298,809
11$14,333$13,003$284,475
12$14,984$12,352$269,491
13$15,665$11,672$253,826
14$16,376$10,960$237,451
15$17,119$10,217$220,331
16$17,897$9,440$202,435
17$18,709$8,627$183,725
18$19,559$7,778$164,167
19$20,447$6,890$143,720
20$21,375$5,961$122,345
21$22,346$4,991$99,999
22$23,360$3,976$76,639
23$24,421$2,915$52,218
24$25,530$1,807$26,689
25$26,689$647$0

At the end of your 5-year term

Total paid over the term
$136,681
Principal paid down
$50,339
Interest paid
$86,342
Balance remaining
$361,661

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$1,700/mo
$20,400Gross 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.

4.0%
Gross yield
− Property tax $2,455− Condo fees $4,580− Insurance $600− Vacancy & upkeep $2,244Net operating income $10,520

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BRAD J. LAMB REALTY 2016 INC.. MLS®/PropTx.

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