$999,000
+$997/mo fees12 York Street 404, Toronto, ON M5J 2Z2
Waterfront Communities · C01
Waterfront Communities · C01 · M5J 2X1
$949,000
+ $977/mo maintenance$1,054 / sq ft5 months on market
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$999,000
+$997/mo feesWaterfront Communities · C01
INVESTMENT OPPORTUNITY, TENANT IN PLACE WITH LEASE TILL JUN 30/2027. An exceptional opportunity to acquire a premium, income-generating waterfront condo in downtown Toronto. Offering over 1,700 sq. ft. (including balcony), this New York-style residence is ideal for investors seeking a turnkey asset with an existing tenant in place-providing immediate cash flow and reduced vacancy risk.This well-maintained unit features a spacious open-concept layout with wall-to-wall windows, nearly 9 ft ceilings, and a large private terrace finished with durable IPE exotic hardwood-an attractive feature for long-term tenant retention. The suite includes 2 generously sized bedrooms and 2 full bathrooms, including a walk-in shower, along with quality upgrades such as Toto Eco UltraMax fixtures.The property also includes a titled P1 parking space and visitor parking, enhancing rental appeal in a high-demand downtown core. Its prime waterfront location-just steps from transit, major employment hubs, and Toronto's top entertainment and lifestyle amenities-ensures consistent tenant demand and strong long-term appreciation potential.Residents benefit from a comprehensive, all-inclusive maintenance fee covering utilities (heat, hydro, water), 24-hour concierge, and premium amenities including a fitness centre, indoor pool, hot tub, party/meeting rooms, outdoor terrace with BBQs, and guest suites. These features support competitive rental positioning and ease of ownership.With proximity to transit options including GO, UP Express, and Union Station, as well as waterfront attractions, trails, and cultural venues, this property offers a compelling combination of location, livability, and investment stability.Secure a high-quality asset in one of Toronto's most desirable rental corridors-schedule your private viewing today.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 85% of comparable condo apartment listings in Waterfront Communities are asking less.
Based on 96 comparable active condo apartment listings in Waterfront Communities. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $949,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Right At Home Realty, Brokerage. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of RE/MAX ACE REALTY INC.
$875,000
+$867/mo feesWaterfront Communities · C01
Listing courtesy of REAL BROKER ONTARIO LTD.
$1,100,000
+$989/mo feesWaterfront Communities · C08
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY
$829,000
+$912/mo feesWaterfront Communities · C01
Listing courtesy of HOMELIFE LANDMARK REALTY INC.
$809,000
+$844/mo feesWaterfront Communities · C01
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY
$874,900
+$769/mo feesWaterfront Communities · C01
Listing courtesy of BOSLEY REAL ESTATE LTD.