1503-5 Mariner Terr
Waterfront Communities C1, Toronto, Ontario M5V 3V6
- Bedrooms
- 2+1
- Bathrooms
- 2
- Size
- 1,200–1,399sq ft
- Per sq ft
- $943at the range’s middle
- Tax a year
- $4,3582026 tax year
- Built
- 16-30
- Parking
- 11 underground
- Days on market
- Members
The brief
About 1503-5 Mariner Terr
1503-5 Mariner Terr is a 2+1-bedroom, 2-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $1,225,000 (MLS® C13678512).
Stunning Lake & City Panoramic Views!!! Beaming with Natural Light in this Corner Suite with Both South and West Views! Spacious Open Concept Floorplan approx 1268sqft. Freshly Painted Throughout and Brand New Engineered Luxury Vinyl Flooring, Brand New Fridge and Condo-Rare Elite Gas Stove, New Light Fixtures in the Primary Bedroom and Hallways. Features a Modern Split 2 Bedrooms + large Den for Guest Bed or Office. High Ceilings. No Carpets! Primary Bedroom with Walk-in Customized Closet, Cabinetry and Organizers, Ensuite Bath (Tub and Shower), Bedroom can fit a King-size Bed, Motorized Blinds. Gourmet Kitchen W/ Breakfast Bar, Separate Food Pantry & Stainless Steel Appliances!!! A Feature Wall in the Living Room. Dimmable Lights in Living and Dining Rooms. Located in a separate building next door is a 30,000 sqft Amenities Super Club Exclusive to Condo Owners and Residents. Enjoy the Olympic-Size Indoor Pool, Tennis Court, Basketball Court, Full-Size Gym, Running Track, Outdoor Patio and more! Walk to CN Tower, Rogers Centre (Skydome) and Enjoy the Sports and Entertainment Toronto can offer, short walk to public transit, TTC, Go Trains, Union Station, Restos, Parks, Hwy+ Utilities are All Inclusive! Parking & Storage Locker Included. This beautiful home in the city is your opportunity to experience the best Downtown Live and Work Lifestyle in Toronto! ***Some Photos are Virtually Staged***
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall19/100−$2,983/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
- $4,358 / 2026
- MLS® number
- C13678512
- 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
- Concrete
Inside
- Bedrooms
- 2+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 5pc Main, 1 × 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
- Stainless Steel Appliances: New Fridge, New Gas Stove, Built-In DIshwasher, Built-In Microwave, Stacked Washer and Dryer, Motorized Rolling Blinds in Primary Room, Custom Rolling Window Blinds Throughout, All Electric Light Fixtures (New Light Fixtures in Primary Bedroom and Hallways).
- Condo maint.
- $1,356
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.37 × 6.3 m | Vinyl Floor, W/O To Balcony, Overlook Water | Main |
| Dining | 4.7 × 6.3 m | Vinyl Floor, Track Lights, Overlook Water | Main |
| Kitchen | 2.44 × 3.78 m | Granite Floor, Stainless Steel Appl, Pantry | Main |
| Primary | 3.25 × 3.78 m | 5 Pc Ensuite, W/I Closet, Overlook Water | Main |
| 2nd Br | 2.79 × 3.18 m | Vinyl Floor, Double Closet, Window | Main |
| Den | 2.13 × 2.51 m | Vinyl Floor, Separate Rm | Main |
| Foyer | 6.5 × 1.5 m | Granite Floor, Closet | Main |
| Other | 6.0 × 2.0 m | Concrete Floor, Balcony, Overlook Water | Main |
Listing history
Buy/sell history for 1503-5 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 | $1,225,000 | N/A | For Sale | C13678512 |
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
- $245,000
- Total mortgage amount
- $980,000
- Total interest payment
- $696,700
- Total purchase cost
- $1,921,700
- Mortgage payment
- $5,589/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
63%Monthly carrying cost
$7,308- Rent $4,325
- Shortfall $2,983
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
- $20,975
- Toronto municipal land transfer tax
- $20,975
- Total land transfer tax
- $41,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $33,475
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 $1,225,000
- $16,500
- Ontario total
- $20,975
Toronto’s municipal tax uses the same brackets at this price, so it adds another $20,975.
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 Yossi Kaplan, MBA, Salesperson 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
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m49 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 46 building permits issued within 250 m in the last 2 years250 m
- 2 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 580 m580 m
- Mapped parcel: about 64,080 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 270 m270 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Pearl Street Steam Plant, 1.0 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 6 federal contaminated sites within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
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
9 building permits cleared at this address in the City’s file.
HVAC: Other Group C BuildingsPermit Issued
Replacement of existing FCU risers' expansion compensators, anchors, and guides. Total of 13 riser sets (supply and return) from the ground floor up to the 41st floor (37th level)
Issued October 22, 2026
Interior AlterationsUnder Review
Proposal to construct a new storage room within the P1 level garage area
Applied September 4, 2026
Interior AlterationsClosed
Interior renovation and redesign to unit 2003 (100 m2)
Issued January 26, 2024
Fire AlarmPermit Issued
Reprogramming of networked fire alarm system to interconnected fire alarm systems serving each condo board.
Issued April 17, 2023
SprinklersClosed
Proposal to remove pre-action system and two heads inside of the P1 Electrical Room. Pipe two heads into the Electrical supplied from the P1 Dry Sprinkler System in the existing Apartment Building.
Issued December 3, 2020
Interior AlterationsInspection
Proposal for interior alterations to the walk in closet and ensuite washroom in the existing condo unit.
Issued April 29, 2016
Alter: Boiler/Furnace/AC ReplacementClosed
Replace 2 heating boilers, 1 domestic hot water boiler, and add mixing valves to domestic hot water supply in existing residential condominium building.
Issued March 21, 2016
New BuildingInspection
Construct dwelling building (338 units) and amenity building including swimming pool and recreation facilities. (TOWER D)
Issued January 4, 2005
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 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.
150 m away10 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.
150 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.
310 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.
380 m away301 FRONT ST WSite 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.
410 m away315 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.
410 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
- 629
- Median asking price
- $629K
- New in 7 days
- 70
- Price cuts
- 21%
Middle half: $539K to $838K
251 in 28 days
132 listings
This home is asking 95% 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 | 1.1 km |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 1.3 km |
| King Station | TTC subway: Line 1 Yonge-University | 1.4 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 | 350 m | 84%Grade 6 average |
| Jean Lumb Public SchoolToronto DSB | Public · grades JK–8 | 350 m | 83%Grade 6 average |
| The Waterfront SchoolToronto DSB | Public · grades JK–8 | 700 m | 83%Grade 6 average |
| École élémentaire Pierre-Elliott-TrudeauConseil scolaire Viamonde | French-language public · grades JK–6 | 2.4 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| City SchoolToronto DSB | Public · grades 9–12 | 700 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 km | 96%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 2.7 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.