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New5 days ago

1214 - 60 Tannery Road

Waterfront Communities C8, Toronto

$519,900

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Enjoy "Penthouse Living" in this unobstructed panoramic city views from this bright and spacious 1-bed + den, 1-bath suite with parking and locker at Canary Block Condos. With floor-to-ceiling windows, a large private balcony, and a versatile den that works as a home office or second bedroom, this suite combines modern design with practical features that elevate everyday living and add long-term value. Situated in the heart of the Canary District, this address offers more than just lifestyle its one of Torontos strongest growth corridors. The neighbourhood is anchored by the future Corktown Ontario Line station, the multi-billion-dollar East Harbour redevelopment projected to bring 50,000-70,000 jobs, the new Biidaasige Park, and the ongoing Toronto waterfront revitalization. Together, these projects position the area for explosive growth, creating potential for investors while enhancing livability for residents. Building amenities include a concierge, fitness centre, outdoor deck, and party/meeting room, with the Distillery District, Corktown, shops, and restaurants just steps away. Quick connections to TTC, GO Transit, the Gardiner, and the DVP ensure maximum convenience. With parking, locker, modern finishes, and sweeping city views, this suite offers both immediate appeal and exceptional future upside. A rare opportunity in a high-growth location - priced to sell.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$659
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,154
mls© NumberC13621022
Listed ByRE/MAX ULTIMATE REALTY INC.
Parking Included
Building Insurance Included
Common Elements Included
CAC Included
Heat Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,661
Property tax
$263
Heat allowance
$150
Condo fees, half counted
$329
Housing costs
$3,403 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $103,980
25-yr amortization

Income needed

$105,000

gross annual household income

Payment at 4%
$2,188 / mo
Cash down
$103,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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