2905-8 York St
Waterfront Communities C1, Toronto, Ontario M5J 2Y2
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 600–699sq ft
- Per sq ft
- $882at the range’s middle
- Tax a year
- $2,8002025 tax year
- Parking
- 0underground
- Days on market
- Members
The brief
About 2905-8 York St
2905-8 York St is a 1-bedroom, 1-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $573,000 (MLS® C14084622).
Welcome to 8 York Street - a standout opportunity in Toronto's waterfront where lifestyle meets a rare financial advantage. Here's what makes this truly unique: The seller is covering 12 months of maintenance fees. Intoday's condo market, that's a rare incentive - and a serious edge.This means:. Lower monthly carrying costs from day one. Stronger cash flow positioning. Time to comfortably adjust to ownership expenses. Reduced financial pressure in your first year. Whether you're a first-time buyer or investor, this is your chance to step in strategically -not stressfully. For investors, this translates into improved first-year cash flow and stronger rental positioning right out of the gate - with comparable units in the area commanding solid rental demand.This bright and efficient 1-bedroom suite offers over 600 sq ft of open-concept living, modern finishes, and floor-to-ceiling windows that flood the space with natural light while showcasing stunning lake views - a layout that feels both functional and elevated. Enjoy premium amenities including indoor & outdoor pools, fitness centre, sauna, party room, guest suites, 24-hour concierge, and visitor parking. With PATH and steps to Union Station, commuting across the city is effortless. Surrounded by the waterfront, restaurants, cafes, and everyday essentials, this is downtown living done right - with an advantage most listings simply don't offer. Opportunities like this don't come often. Act fast.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall30/100−$1,026/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 187 condos with 1 bedroom 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
- $2,800 / 2025
- MLS® number
- C14084622
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- Underground, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Waterfront Communities C1
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Washer, dryer, refrigerator, stove, microwave/hood fan
- Condo maint.
- $578
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.25 × 5.59 m | — | Main |
| Dining | 3.25 × 5.59 m | — | Main |
| Kitchen | 2.25 × 3.49 m | — | Main |
| Primary | 3.38 × 3.66 m | — | Main |
Listing history
Buy/sell history for 2905-8 York St, 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 | $573,000 | N/A | For Sale | C14084622 |
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
- $114,600
- Total mortgage amount
- $458,400
- Total interest payment
- $326,100
- Total purchase cost
- $899,100
- Mortgage payment
- $2,615/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
51%Monthly carrying cost
$3,426- Rent $2,400
- Shortfall $1,026
Rental income opens at $2,400, the median asking rent of 187 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
- $7,935
- Toronto municipal land transfer tax
- $7,935
- Total land transfer tax
- $15,870
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $7,395
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 $573,000
- $3,460
- Ontario total
- $7,935
Toronto’s municipal tax uses the same brackets at this price, so it adds another $7,935.
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
26 building permits cleared at this address in the City’s file.
Interior AlterationsClosed
Interior alterations to restaurant - 30 Seats - unit 1-3
Issued October 28, 2024
Building Permit Related(PS)Closed
Plumbing - Interior alterations to restaurant - 30 Seats - unit 1-3
Issued October 28, 2024
Building Permit Related(MS)Closed
HVAC - Interior alterations to restaurant - 30 Seats - unit 1-3
Issued October 28, 2024
Building Permit Related(FS)Cancelled
FS - Sprinkler Shop Drawing - Interior alterations to restaurant - 30 Seats - unit 1-3
Completed March 17, 2025
Building Permit Related(MS)Closed
HVAC - Proposal to reno restaurant-80 seats, hvac-kitchen exhaust, plumbing-add 31 fixtures.
Issued October 7, 2024
Building Permit Related(PS)Closed
Plumbing - Proposal to reno restaurant-80 seats, hvac-kitchen exhaust, plumbing-add 31 fixtures.
Issued October 4, 2024
Interior AlterationsClosed
Proposal to reno restaurant-80 seats, hvac-kitchen exhaust, plumbing-add 31 fixtures.
Issued October 4, 2024
Piping: Other BuildingsClosed
Replacement of in-suite KITEC domestic water piping.
Issued March 6, 2023
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.
200 QUEENS QUAY WCondominiumUnder Review
*** Draft Plan of Condominium for 1482 units.
60 m away60 HARBOUR STSite planUnder Review
Site plan application for a proposed 57-storey non-residential building.
260 m away30 BAY STSite planUnder Review
Site plan application for a proposed 57-storey non-residential building.
310 m away255 BREMNER BLVDSite planUnder Review
Proposed amendment to the approved site plan application for the Hydro Station (File No. 11 229840 STE 20 SA) to make the temporary driveway access from Lower Simcoe into a permanent access for the site.
380 m away258 BREMNER BLVDSite planUnder Review
INACTIVE Revision to existing site plan agreement for changes to the exterior elevations, site details including gate and fencing work. Phase 1 of CN Tower lands re development - for new entertainment complex containing 3 storey Ripleys Aquarium Phase 1 consists of easterly portion of lands and construction of southerly portion of 2 storey aquarium.
440 m away25 REES STSite planUnder Review
Proposed amendment to the approved site plan application for the Hydro Station (File No. 11 229840 STE 20 SA) to make the temporary driveway access from Lower Simcoe into a permanent access for the site.
460 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 9% below the median.
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 |
|---|---|---|
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 550 m |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 850 m |
| King Station | TTC subway: Line 1 Yonge-University | 1 km |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 1.3 km |
| Queen Station | TTC subway: Line 1 Yonge-University | 1.3 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 | 1.1 km | 84%Grade 6 average |
| Jean Lumb Public SchoolToronto DSB | Public · grades JK–8 | 1.1 km | 83%Grade 6 average |
| St Michael Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1.2 km | 65%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 1.9 km | 96%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| City SchoolToronto DSB | Public · grades 9–12 | 1.4 km | — |
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 1.6 km | 96%Grade 9 math |
| Heydon Park Secondary SchoolToronto DSB | Public · grades 9–12 | 1.9 km | 8%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 2.5 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.