The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Pier 27 is the building people point at from the island ferry. This is one of its larger suites, and at 1,264 square feet it behaves like a home rather than a place to park a mattress and a coffee machine. The water is the point. Glass floor to ceiling, and custom herringbone brushed oak flooring throughout (ceramic tiles in baths). Den is large enough for a third bedroom, but performs much better as an office/den. P1 Parking included & 3 lockers. Harbourfront and Sugar Beaach close enough that you stop calling them a novelty.The building handles the rest: 24-hour concierge, an outdoor (and indoor) pool you will use more than you would admit, a gym with no commute and therefore no excuse. Large Theatre, party room, co-working space, outdoor dining, fountain seating. Outside is the civilized end of downtown. St. Lawrence Market for the groceries (or one of the two Farm Boys if you feel like something 10 steps away. The Martin Goodman Trail for the run you keep scheduling. More City Bikes than you would ever need. Union Station on foot when the city wants you, the Gardiner on wheels when it does not (P1 prime parking including in sale). Loblaws and the LCBO are neighbours, which is either convenient or a problem depending on the week. Newly build Queens Quay East park with pickle ball courts, enclosed dog park with wood chip surface. This is waterfront people live on, not the kind they visit and photograph. Room enough for two adults to share an address without sharing every square foot. A building that stopped trying to prove anything years ago and simply works. Come see it. The lake makes a strong first impression. Unit will be Vacant as of October 1st.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$6,644/mo
Mortgage (principal + interest)$4,863
Property taxFrom listing: $7,986/yr$666
Condo feesFrom listing$1,116
Minimum $104,990 down for this price; the slider moves in whole percent, starting at 9%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$259,980
Ontario land transfer taxProvincial brackets, no first-time refund$22,473
Toronto land transfer taxMunicipal brackets, no first-time refund$22,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$307,726
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
