5209-35 Mariner Terr
Waterfront Communities C1, Toronto, Ontario M5V 3V9
- Bedrooms
- 2+1
- Bathrooms
- 2
- Size
- 1,200–1,399sq ft
- Per sq ft
- $908at the range’s middle
- Tax a year
- $4,7582025 tax year
- Built
- 16-30
- Parking
- 11 underground
- Days on market
- Members
The brief
About 5209-35 Mariner Terr
5209-35 Mariner Terr is a 2+1-bedroom, 2-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $1,180,000 (MLS® C14121614).
Wake up to sweeping views of Lake Ontario and the downtown Toronto skyline from this spacious 2-bedroom plus den suite. At 1,240 square feet, this home offers rare space in today's condo market, with room to live, work, and entertain.The open-concept living and dining area is designed around the views, with natural light pouring in throughout the day and the city lighting up at night. The kitchen flows into the main living space, so it works just as well for hosting friends as for quiet nights in.Both bedrooms are generously sized. The den is a true bonus: use it as a home office, guest room, nursery, or reading nook. Whether you're a professional working from home, a growing family, or downsizing without giving up space, this layout adapts to your lifestyle. Owned parking and a storage locker are included, so you get the convenience every condo owner wants. Enjoy easy access to the waterfront, downtown dining, shopping, entertainment, and transit, all just minutes from your door.Units with this combination of size and views don't come along often.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall23/100−$2,565/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 66 condos with 3 bedrooms for lease in Waterfront Communities C1 right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,758 / 2025
- MLS® number
- C14121614
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 16-30
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Waterfront Communities C1
- Municipality
- Toronto
Building
- Size
- 1200-1399 sqft
- Building Age
- 16-30
- Construction
- Alum Siding
Inside
- Bedrooms
- 2+1
- Bathrooms
- 2
- Bathroom Details
- 2 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- All ELF'S, Appliances, Window Coverings.
- Condo maint.
- $1,109
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 0.0 × 0.0 m | Combined W/Dining, Combined W/Kitchen | Flat |
| Primary | 0.0 × 0.0 m | South View, 4 Pc Ensuite | Flat |
| 2nd Br | 0.0 × 0.0 m | East View | Flat |
| Den | 0.0 × 0.0 m | Colonial Doors | Flat |
| Bathroom | 0.0 × 0.0 m | 4 Pc Bath | Ground |
| Utility | 0.0 × 0.0 m | B/I Closet | Flat |
Listing history
Buy/sell history for 5209-35 Mariner Terr, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,180,000 | N/A | Sc | C14121614 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $236,000
- Total mortgage amount
- $944,000
- Total interest payment
- $671,200
- Total purchase cost
- $1,851,200
- Mortgage payment
- $5,384/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
58%Monthly carrying cost
$6,890- Rent $4,325
- Shortfall $2,565
Rental income opens at $4,325, the median asking rent of 66 comparable homes for lease in Waterfront Communities C1. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $20,075
- Toronto municipal land transfer tax
- $20,075
- Total land transfer tax
- $40,150
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $31,675
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,180,000
- $15,600
- Ontario total
- $20,075
Toronto’s municipal tax uses the same brackets at this price, so it adds another $20,075.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Toronto By-Law No. 438-86What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
3 building permits cleared at this address in the City’s file.
Fire AlarmInspection
Reprogramming of networked fire alarm system to interconnected fire alarm systems serving each condo board.
Issued April 24, 2023
Fire AlarmCancelled
Reprogramming of networked fire alarm system to interconnected fire alarm systems
Completed December 12, 2022
Backflow Prevention Devices (Water only)Permit Issued
This is for the installation of a 3" backflow prevention device, located in the basement mechanical room.
Issued July 15, 2011
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
10 LOWER SPADINA AVEOfficial plan or zoning amendmentUnder Review
Zoning By-law Amendment application for a 49-storey mixed use building (not including mechanical penthouse), containing approximately 128 square metres of non-residential floor area at grade, and 511 apartment dwelling units.The proposed development has a gross floor area of approximately 32,363.6 square metres and a floor space index of approximately 20.46 times the lot area.
10 m away10 LOWER SPADINA AVESite planUnder Review
Site Plan Application for a 49-storey mixed use building (not including mechanical penthouse), containing approximately 128 square metres of non-residential floor area at grade, and 511 apartment dwelling units.The proposed development has a gross floor area of approximately 32,363.6 square metres and a floor space index of approximately 20.46 times the lot area.
10 m away595 FRONT ST WOfficial plan or zoning amendmentUnder Review
Official Plan and Zoning By-law Amendment application to permit development above the Union Station rail corridor between Blue Jays Way and Bathurst Street. The revised proposal includes 9 mixed-use towers ranging in height from 36 to 72-storeys, a new City park and publicly accessible open spaces. The proposed gross floor area (GFA) equals approximately 531,130 m2 of which 494,133 m2 would be residential GFA, comprised of 7,986 residential units and 37,000 m2 would be non-residential GFA, including retail, office, hotel and childcare uses.
340 m away400 FRONT ST WPlan of subdivisionUnder Review
Draft Plan of Subdivision for 4 blocks.
380 m away400 FRONT ST WSite planUnder Review
INACTIVE Site Plan Control Application for 3 new buildings; Building A (28 storeys, mixed-use), Building B-C (2 towers, 61 and 63 storeys, atop mixed-use connecting podium); Building D (Retail, 2 storeys)
380 m away325 FRONT ST WSite planUnder Review
Site Plan Approval Application for Phase 1 of a three phase development at 315-325 Front Street West. The Phase 1 site plan includes two primarily residential towers (50 storeys), containing 74,000 square metres of residentail floor area and 830 square metres of retail floor area. A total of 905 residential units are proposed including 32 affordable rental housing units, A childcare centre is also proposed.
420 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Waterfront Communities C1 right now
- For sale now
- 632
- Median asking price
- $629K
- New in 7 days
- 66
- Price cuts
- 21%
Middle half: $539K to $838K
249 in 28 days
133 listings
This home is asking 88% above the median, higher than three quarters of them.
See all homes in Waterfront Communities C1Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| St Andrew Station | TTC subway: Line 1 Yonge-University | 1 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 1.2 km |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 1.3 km |
| King Station | TTC subway: Line 1 Yonge-University | 1.5 km |
| St Patrick Station | TTC subway: Line 1 Yonge-University | 1.7 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Bishop Macdonell Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 200 m | 84%Grade 6 average |
| Jean Lumb Public SchoolToronto DSB | Public · grades JK–8 | 200 m | 83%Grade 6 average |
| The Waterfront SchoolToronto DSB | Public · grades JK–8 | 600 m | 83%Grade 6 average |
| École élémentaire Pierre-Elliott-TrudeauConseil scolaire Viamonde | French-language public · grades JK–6 | 2.3 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| City SchoolToronto DSB | Public · grades 9–12 | 600 m | — |
| Heydon Park Secondary SchoolToronto DSB | Public · grades 9–12 | 1.7 km | 8%Grade 9 math |
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 2.1 km | 96%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 2.8 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Waterfront Communities C1 are shown to signed-in members.