2102-16 Bonnycastle Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C14095500

$699,000
For Sale
Just listed todayNo offer date stated
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1+1Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Wake up to sweeping southwest views of Lake Ontario and the CN Tower in this bright, sun drenched 1 bedroom plus den suite in the award winning Great Gulf Monde Condos.
  • The primary bedroom retreat has its own 4-piece ensuite, and a separate 2-piece bath is perfect for guests.

Wake up to sweeping southwest views of Lake Ontario and the CN Tower in this bright, sun drenched 1 bedroom plus den suite in the award winning Great Gulf Monde Condos. Floor to ceiling windows wrap the entire unit, flooding every room with natural light and framing the glittering skyline. Laminate flooring throughout, and high end finishes give the space a polished, modern feel. The chef inspired kitchen features an island with seating, a built in cooktop and oven, a microwave, and a panelled fridge and dishwasher that blend seamlessly into the cabinetry. The primary bedroom retreat has its own 4-piece ensuite, and a separate 2-piece bath is perfect for guests. The den, with its sliding doors, makes an ideal private home office. Custom window coverings, designer light fixtures, and a front load washer and dryer complete the suite. One parking space and locker is included. Maintenance fees include internet. Step outside and you're minutes from the waterfront, Sugar Beach, George Brown College, Corus Entertainment, a supermarket, and the LCBO. Enjoy excellent building amenities, visitor parking, and a convenient shuttle service to Union Station.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14095500
Bedrooms
1+1 (2 total)
Bathrooms
2 (1 half)
Size
700-799 sq ft
Cross streets
Queen's Quay/Lower Sherbourne
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Concrete
Maintenance
$656/mo
Exposure
North West
Property tax
$4,374 / 2026
Listing brokerage
RE/MAX COMMUNITY REALTY INC.
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 Queen Alexandra Middle 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 C8 · asking prices
$687kavg 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 $875/sqft; this home lists at $933/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
699kThis home738k749k639k659k649kThis home vs active comparables

Neighbourhood & location

Waterfront Communities C8, 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.

Moss Park
$549K
Church-Yonge Corridor
$580K
Waterfront Communities C1
$678K
Kensington-Chinatown
$585K
North St. James Town
$649K

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 Dundas Junior Public School
59%
Dundas Junior Public SchoolPublic · Elementary · 2.2 km awayBelow the GTA average · 59% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Market Lane Junior and Senior Public School · Public elementary0.4 km · 74% at standard
Downtown Alternative School · Public elementary0.5 km
St Paul Catholic School · Catholic elementary1.1 km · 62% at standard
Nelson Mandela Park Public School · Public elementary1.4 km · 47% at standard
St Michael's Choir (Jr) School · Catholic elementary1.4 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary1.4 km · 98% at standard
Lord Dufferin Junior and Senior Public School · Public elementary1.6 km · 55% at standard
Sprucecourt Junior Public School · Public elementary2.0 km · 59% at standard
SEED Alternative School · Public secondary2.1 km
Contact Alternative School School · Public secondary2.2 km
Winchester Junior and Senior Public School · Public elementary2.2 km · 76% at standard
Church Street Junior Public School · Public elementary2.2 km · 73% at standard

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

Affordability & Mortgage

Affordability
$3,186/mo
$149KIncome needed
4.7×Price ÷ income
$735Weekly cost
$20,910Land 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.

76%mortgage
Mortgage $3,186Property tax $365Condo fee $656Total carry $4,207

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)
$3,092per month

Mortgage amount $559,200 · 4.49% over 25 years

$139,800Down payment (20.0%)
$559,200Loan before insurance
$0CMHC premium
$4,112Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,092
Property tax
$365
Condo / maintenance fees
$656
Heating
$0
Estimated monthly cost
$4,112

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

One-time closing costs

Ontario land transfer tax
$10,455
Toronto municipal land transfer tax
$10,455
Estimated closing costs
$20,910

Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,742/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

$368,374Total interest paid
$927,574Total of all payments
Principal $559,200 Interest $368,374
YearPrincipalInterestBalance
1$12,479$24,624$546,721
2$13,046$24,057$533,675
3$13,638$23,465$520,038
4$14,257$22,846$505,781
5$14,904$22,199$490,876
6$15,581$21,522$475,295
7$16,289$20,814$459,006
8$17,028$20,075$441,978
9$17,801$19,302$424,177
10$18,610$18,493$405,567
11$19,455$17,648$386,113
12$20,338$16,765$365,775
13$21,261$15,842$344,514
14$22,227$14,876$322,287
15$23,236$13,867$299,051
16$24,291$12,812$274,761
17$25,394$11,709$249,367
18$26,547$10,556$222,820
19$27,752$9,351$195,069
20$29,012$8,091$166,057
21$30,329$6,774$135,727
22$31,706$5,397$104,021
23$33,146$3,957$70,875
24$34,651$2,452$36,224
25$36,224$879$0

At the end of your 5-year term

Total paid over the term
$185,515
Principal paid down
$68,324
Interest paid
$117,191
Balance remaining
$490,876

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
1.8%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.

4.1%
Gross yield
− Property tax $4,374− Condo fees $7,876− Insurance $600− Vacancy & upkeep $3,168Net operating income $12,782

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

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