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Condo for Sale in Downtown Toronto
New — Listed yesterdayNeighbourhood: Waterfront Communities C1
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- MLS Number
- C14114776
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $2,655
- Maintenance Fees
- $454/mo
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
GORGEOUS LAKE ONTARIO view facing south - watch the planes take off ! 670 Sqft 1Bedroom plus Den + 38 Sqft Balcony >> Amazing Montage Condos City Place offers this spacious unit with The landscape of the Waterfront is absolutely stunning! Seldom found, you have the perfect exposure. Living room showcases large windows offers an incredible amount of sunlight + separate den can be your private at-home office or a 2nd bedroom. Sweet open concept kitchen offers the opportunity to add a modern island with bar stools; plenty of room overlooking the dining room and living room combination with floor to ceiling windows features a direct south view you can step out onto the balcony and watch the planes take off at Joey Bishop in the distance. Fabulous ensuite laundry & storage space! Many more great features in this incredible sought after area!. Fantastic Amenities with Sobey's on the main level which can be accessed right from the Underground Parking you don't even have to go outside. CIBC across the street, restaurants and fast foods too. There is a fitness / weight areas, billiard, ping pong, games, theatre & party rooms. great Indoor pool with jacuzzi & sauna. An outdoor rock climbing wall, tanning deck with lounge & barbecues. Ample visitors parking. Incredible VIEW !!! Enjoy the walk along the Harbour Front, only 5 minutes to take full advantage of the atmosphere. So many amenities in the area, open greenspace park, wonderful Canoe Landing rec centre for full entertainment; basketball courts, soccer field! >>>>> Steps away from parks, trails, schools, daycare and the highway. Short walk to Union Station! Can't miss the BEST feature, Sobeys is in the building on the main floor, community bank across the street. CN Tower and the Rogers Centre are only a couple of mins away! Ripley's Aquarium, Scotiabank Arena, Union Station, The Financial and Entertainment Districts, there are so many venues. **EXTRAS** Gorgeous LAKE ONTARIO view facing south!
Estimate your monthly payments for this property
Estimated Payment
$2,919.26/mo
Includes CMHC insurance ($15,875)
5-yr fixed avg.
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.
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
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.
25 Telegram Mews Unit 2507, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $948/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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. The $454/month fees should cover building insurance, common elements, and reserve contributions.
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 $2,371 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.