412-231 Fort York Boulevard, Toronto, ON

Niagara, Toronto · MLS® C14096016

$539,000
For Sale
Just listed todayNo offer date stated
Request a showing
◎ Directions
1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Visit REALTOR website for additional information.
  • Featuring hardwood flooring, afunctional open-concept layout, and a versatile den ideal for a home office or additional living space, this suite is perfect for...

Visit REALTOR website for additional information. Welcome to this beautifully appointed 1-bedroom + den condo at 231 Fort York Blvd. Offering a perfect blend of urban convenience and modern living. Featuring hardwood flooring, afunctional open-concept layout, and a versatile den ideal for a home office or additional living space, this suite is perfect for professionals, couples, or first-time buyers. Includes one parking space and one locker for added convenience and storage. Enjoy the best of Toronto's vibrant waterfront neighbourhood! Just steps from scenic waterfront trails, Coronation Park, and the iconic Fort York National Historic Site, this location offers the perfect balance of nature and city living. Take advantage of nearby parks, bike paths, and waterfront views, or explore the trendy restaurants, cafés, and entertainment options of King West and Liberty Village. Convenient access to TTC, major highways, and downtown Toronto makes commuting a breeze. An ideal opportunity to enjoy stylish condo living in one of Toronto's most desirable waterfront communities!

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C14096016
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Fort York & Lake Shore Blvd W
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Maintenance
$695/mo
Exposure
West
Property tax
$2,678 / 2026
Listing brokerage
PG DIRECT REALTY LTD.

Rooms

DenMain2.48 × 2.36 m
KitchenMain3.00 × 2.26 m
Primary BedroomMain3.95 × 3.05 m
Living RoomMain3.43 × 3.10 m
Dining RoomMain3.10 × 3.26 m
BathroomMain1.50 × 2.36 m
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

Niagara, 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
$610K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K
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 · 0.7 km awayAround the GTA average · 74% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
City School · Public secondary0.7 km · 58% at standard
Niagara Street Junior Public School · Public elementary0.8 km · 82% at standard
Jean Lumb Public School · Public elementary0.9 km · 73% at standard
St Mary Catholic School · Catholic elementary1.0 km · 64% at standard
ALPHA Alternative Junior School · Public elementary1.2 km
Oasis Alternative Secondary School · Public secondary1.2 km
Charles G Fraser Junior Public School · Public elementary1.3 km · 74% at standard
Givins/Shaw Junior Public School · Public elementary1.4 km · 81% at standard
Msgr Fraser College (Southwest) · Catholic secondary1.6 km
Ryerson Community School Junior Senior · Public elementary1.6 km · 52% at standard
Ogden Junior Public School · Public elementary1.7 km · 69% at standard
Pope Francis Catholic School · Catholic elementary2.0 km · 67% at standard

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

Affordability & Mortgage

Affordability
$2,457/mo
$117KIncome needed
4.6×Price ÷ income
$567Weekly cost
$14,510Land 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.

73%mortgage
Mortgage $2,457Property tax $223Condo fee $695Total carry $3,374

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)
$2,384per month

Mortgage amount $431,200 · 4.49% over 25 years

$107,800Down payment (20.0%)
$431,200Loan before insurance
$0CMHC premium
$3,302Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,384
Property tax
$223
Condo / maintenance fees
$695
Heating
$0
Estimated monthly cost
$3,302

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

One-time closing costs

Ontario land transfer tax
$7,255
Toronto municipal land transfer tax
$7,255
Estimated closing costs
$14,510

Plus your down payment of $107,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,886/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

$284,054Total interest paid
$715,254Total of all payments
Principal $431,200 Interest $284,054
YearPrincipalInterestBalance
1$9,623$18,988$421,577
2$10,059$18,551$411,518
3$10,516$18,094$401,002
4$10,994$17,616$390,008
5$11,493$17,117$378,515
6$12,015$16,596$366,501
7$12,560$16,050$353,941
8$13,130$15,480$340,810
9$13,727$14,884$327,083
10$14,350$14,260$312,734
11$15,001$13,609$297,732
12$15,683$12,928$282,050
13$16,395$12,216$265,655
14$17,139$11,471$248,516
15$17,917$10,693$230,599
16$18,731$9,880$211,868
17$19,581$9,029$192,287
18$20,470$8,140$171,817
19$21,400$7,211$150,418
20$22,371$6,239$128,046
21$23,387$5,223$104,660
22$24,449$4,161$80,211
23$25,559$3,051$54,652
24$26,719$1,891$27,933
25$27,933$678$0

At the end of your 5-year term

Total paid over the term
$143,051
Principal paid down
$52,685
Interest paid
$90,366
Balance remaining
$378,515

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
1.9%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.

4.6%
Gross yield
− Property tax $2,678− Condo fees $8,337− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,279

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

CallRequest a showing