1 Concord Cityplace Way Unit 936, Toronto C01

Price: $599,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: C13438486

Welcome to Concord Canada House, a landmark luxury residence in Toronto s prestigious waterfront community. Ideally located in the heart ofdowntown, just steps from the CN Tower, Rogers Centre, Scotiabank Arena, Union Station, the Financial District, waterfront, restaurants,shopping, and entertainment. This brand new high-floor 1+Den suite offers approximately 618 sq. ft. of thoughtfully designed interior living space plus an oversized 148 sq.ft. heated balcony with durable composite flooring, perfect for year-round enjoyment. The versatile den can function as a home office, making this an ideal opportunity for both end-users and investors. Featuring floor-to-ceiling windows, the bright open concept layout is filled with natural light and showcases beautiful city and lake views. The modern kitchen is equipped with premium built-in Miele appliances, quartz countertops, and stylish cabinetry. Spacious bedroom with large windows and an elegant bathroom with contemporary finishes. In-suite laundry included. Residents enjoy access to world-class amenities, including Canada s highest residential amenity spaces: theSky Gym on the 71st floor and the Sky Lounge on the 82nd floor. Additional luxury amenities include an indoor swimming pool, ice skating rink,touchless car wash, and more (some amenities to be available at a later date).Move in right away and experience elevated urban water frontliving at its finest. Property taxes have not yet been assessed

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$599,000 - 1 Concord Cityplace Way Unit 936, Downtown Toronto

Condo for Sale in Downtown Toronto

Neighbourhood: Waterfront Communities C1

2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
C13438486
Property Type
Condo
Status
active
Days on Site
21
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
CENTURY 21 NEW CONCEPT
Description

Welcome to Concord Canada House, a landmark luxury residence in Toronto s prestigious waterfront community. Ideally located in the heart ofdowntown, just steps from the CN Tower, Rogers Centre, Scotiabank Arena, Union Station, the Financial District, waterfront, restaurants,shopping, and entertainment. This brand new high-floor 1+Den suite offers approximately 618 sq. ft. of thoughtfully designed interior living space plus an oversized 148 sq.ft. heated balcony with durable composite flooring, perfect for year-round enjoyment. The versatile den can function as a home office, making this an ideal opportunity for both end-users and investors. Featuring floor-to-ceiling windows, the bright open concept layout is filled with natural light and showcases beautiful city and lake views. The modern kitchen is equipped with premium built-in Miele appliances, quartz countertops, and stylish cabinetry. Spacious bedroom with large windows and an elegant bathroom with contemporary finishes. In-suite laundry included. Residents enjoy access to world-class amenities, including Canada s highest residential amenity spaces: theSky Gym on the 71st floor and the Sky Lounge on the 82nd floor. Additional luxury amenities include an indoor swimming pool, ice skating rink,touchless car wash, and more (some amenities to be available at a later date).Move in right away and experience elevated urban water frontliving at its finest. Property taxes have not yet been assessed

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

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5%10%50%

5-yr fixed avg.

Principal: $539,100Interest: $366,142
Mortgage Amount$555,812
Total Interest$366,142
Est. Property Tax$424/mo
Total Cost$921,954

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Waterfront Communities C1

Discover Waterfront Communities C1

Waterfront Communities C1 is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Waterfront Communities C1

  • Convenient location in Downtown Toronto / Waterfront
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Waterfront Communities C1 offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1 Concord Cityplace Way Unit 936, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$1,261

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $998/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Waterfront Communities C1

I know Waterfront Communities C1 well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1 Concord Cityplace Way Unit 936 | $599,000 | Battaglia Team