



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$510,000
Toronto
#727 21 Iceboat Terrace, Toronto (Waterfront Communities), Ontario, M5V4A9
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $510,000, it is attractively priced about 20% below the $635,000 median asking price in Toronto. It has been on the market 13 days, fresher than the Toronto average of 57 days.
So much to offer, this one bedroom plus den has been well maintained and enjoys eastern views of The Well and more. The suite features upgraded Miele appliances, new white kitchen cabinet door fronts (August 2026), new broadloom in the primary (August 2026), a thoughtful floor plan including two accesses to the four piece bath, and additionally a separate large storage locker. The open concept living area is a generous size for entertaining and walks out to a balcony. Take the elevator or take the stairs, the seventh floor is a cross over floor and connects to exits on Dan Leckie Way. The building amenities are extensive and include a squash court, gym, workout classes, a large pool, hot yoga room, outdoor patio and bbq area, dog spa, guest suites, guest parking, concierge, billiards and pong pong, and more. Steps to many great local amenities including two schools, a new recreation centre, public park, off leash dog park, grocery stores, the LCBO, and great dining options. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 13 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 1-bed single family in Toronto (Waterfront Communities) has been listed for 13 days, which is 44 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $510,000, about 5.6× the local median household income of $91,000.
Carrying it typically needs a household income of about $99,621 (20% down, 25-yr amortization, stress-tested) — roughly 9% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5V)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice