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For SaleCondo Apt · ApartmentMLS® #C14179294 · TRREB MLS®

1005-70 Distillery Lane, Toronto, Ontario

Waterfront Communities C8, Toronto, Ontario M5A 0E3

Bedrooms
1
Bathrooms
1
Type
Condo Apt
Basement
None

$519,000

Estimated market value

About 1005-70 Distillery Lane

1005-70 Distillery Lane is a 1-bedroom, 1-bathroom condo in Waterfront Communities C8, Toronto, listed for sale at an asking price of $519,000 (MLS® C14179294).

Newly renovated and ready to move in! Experience Distillery District living at its best at the sought-after Clear Spirit Condos. This suite features brand-new flooring throughout and has been newly painted, offering a clean, modern feel from the moment you walk in. Floor-to-ceiling windows fill the open-concept living and dining area with natural light, creating a bright and inviting space to relax or entertain. The contemporary kitchen features stainless steel appliances, combining style and functionality. Parking and locker included! Enjoy an impressive collection of building amenities, including an outdoor pool, hot tub, fully equipped fitness centre, yoga studio and sauna. Entertain on the rooftop terrace with BBQs, host gatherings in the party room, catch a movie in the private theatre or accommodate overnight guests in the guest suites. Additional amenities include a games room, library and 24-hour concierge. Step outside and discover the charm of Toronto's iconic Distillery District, known for its historic cobblestone streets, award-winning restaurants, cafés, boutiques, galleries and the famous annual Christmas Market. Just a short walk to St. Lawrence Market, Farm Boy, Corktown Common and the new Biidaasige Park. Convenient access to TTC streetcars, waterfront trails, the Gardiner Expressway and DVP makes getting around the city effortless. An exceptional opportunity to enjoy modern, low-maintenance living in one of Toronto's most vibrant and sought-after neighbourhoods.

Insights

  • Condition Score

    Good
    76out of 100

    2 documented update signals

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall
    34out of 100

    −$829/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 47 condos with 1 bedroom for lease in Waterfront Communities C8 right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$2,746 / 2026
MLS® number
C14179294
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
11-15
Days on market
Size
500-599 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: REAL BROKER ONTARIO LTD.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 1005-70 Distillery Lane, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Dates and closing prices are shown to signed-in members.

Date StartDate EndList PricePriceEventListing ID
Date Start——$519,000—For SaleC14179294

Members see the full history. Prices are hidden from signed-out visitors.

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 Domin Kurian for a full comparative market analysis.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Waterfront Communities C8
Municipality
Toronto

Building

Size
500-599 sqft
Building Age
11-15
Construction
Concrete

Inside

Bedrooms
1
Bathrooms
1
Bathroom Details
1 × 4pc Flat
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
S/S Fridge, Stove, B/I Dishwasher & Microwave. Stacked Bosch Washer & Dryer
Condo maint.
$582

Rooms

RoomSizeFeaturesLevel
Living3.35 × 5.51 m—Flat
Kitchen1.37 × 2.74 m—Flat
Br2.74 × 2.84 m—Flat

Map and tour

Condos for sale in Waterfront Communities C8 right now

For sale now
190
Median asking price
$589K

Middle half: $500K to $764K

This home is asking 12% below the median.

See all homes in Waterfront Communities C8

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications on this home’s street within 800 m.

  • 370 CHERRY STPlan of subdivisionUnder Review

    Draft Plan of Subdivison for 1 block.


    50 m away

  • 370 CHERRY STSite planUnder Review

    Proposal for a 50 storey (165.7 m) mixed-use building comprised of 590 residential dwelling units (38,338 m²) and 29000 m² of non-residential gross floor area. A total of 687 parking spaces will be provided on the lot in a below grade parking garage.


    50 m away

  • 125R MILL STSite planUnder Review

    A Site Plan application to facilitate the development of the site for 45-storey and 32-storey mixed-use towers atop a 6-storey podium. A total of 23,670square metres of non-residential gross floor area, and 53,099 square metres of residential gross floor area with 653 residential dwelling units are proposed. Zoning was approved via MZO O. Reg. 594/20 on October 22, 2020.


    110 m away

  • 370 R CHERRY STPlan of subdivisionUnder Review

    Draft Plan of Subdivison for 1 block.


    110 m away

  • 370 R CHERRY STSite planUnder Review

    Proposal for a 50 storey (165.7 m) mixed-use building comprised of 590 residential dwelling units (38,338 m²) and 29000 m² of non-residential gross floor area. A total of 687 parking spaces will be provided on the lot in a below grade parking garage.


    110 m away

  • 31 R PARLIAMENT STSite planUnder Review

    Proposal for a 50 storey (165.7 m) mixed-use building comprised of 590 residential dwelling units (38,338 m²) and 29000 m² of non-residential gross floor area. A total of 687 parking spaces will be provided on the lot in a below grade parking garage.


    220 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.

Land transfer tax on this home

Ontario land transfer tax
$6,855
Toronto municipal land transfer tax
$6,855
Total land transfer tax
$13,710
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$5,235
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 $519,000
$2,380
Ontario total
$6,855

Toronto’s municipal tax uses the same brackets at this price, so it adds another $6,855.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

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.

Permit history

7 building permits cleared at this address in the City’s file.

  • Backflow Prevention Devices (Water only)Closed

    Replacement of premise backflow preventer.

    Issued December 18, 2025

  • Other(PS)Inspection

    Replacement of existing domestic hot water heat exchangers in building, including associated piping and valves.

    Issued July 18, 2023

  • Interior AlterationsClosed

    New tenant fit out in existing heritage building space. Immersive Projected experience exhibit. Bathrooms renovation. New IT room at upper building services. New fire separation to prepare for potential other future tenants. Service stair upgrade and new ramps.

    Issued May 15, 2023

  • Building Permit Related(MS)Closed

    HVAC - New tenant fit out in existing heritage building space. Immersive Projected experience exhibit. Bathrooms renovation. New IT room at upper building services. New fire separation to prepare for potential other future tenants. Service stair upgrade and new ramps.

    Issued May 15, 2023

  • Building Permit Related(PS)Closed

    Plumbing - New tenant fit out in existing heritage building space. Immersive Projected experience exhibit. Bathrooms renovation. New IT room at upper building services. New fire separation to prepare for potential other future tenants. Service stair upgrade and new ramps.

    Issued May 15, 2023

  • Other(BA)Inspection

    Proposal to repair fire damaged curtain wall glazing system, window glazing, aluminum guards, handrails, spandrell panel, drywall, steel wall studs, balcony slabs and plumbing fixtures - UNIT 1408

    Issued February 14, 2023

  • Inside and Outside DrainsClosed

    Installing a new floor drain in the level 5 pantry room to capture leakagefrom mechanical equipment in the ceiling space. construction will involve plumbing work on level 5 and level 4 below to install the new floor drain. drywall work will be limited to replacement of ceilings and walls to the original condition.

    Issued January 25, 2023

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Market Lane Junior and Senior Public SchoolToronto DSBPublic · grades JK–8550 m78%Grade 6 average
St Paul Catholic SchoolToronto CDSBCatholic · grades JK–8700 m72%Grade 6 average
Nelson Mandela Park Public SchoolToronto DSBPublic · grades JK–8900 m56%Grade 6 average
École élémentaire Gabrielle-RoyConseil scolaire ViamondeFrench-language public · grades JK–61.3 km96%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Inglenook Community SchoolToronto DSBPublic · grades 9–12450 m—
St Michael's Choir (Sr) SchoolToronto CDSBCatholic · grades 9–121.7 km96%Grade 9 math
Eastdale Collegiate InstituteToronto DSBPublic · grades 9–121.9 km—
Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–122.1 km86%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.

Transit nearby

StationLinesDistance
King StationTTC subway: Line 1 Yonge-University1.6 km
Queen StationTTC subway: Line 1 Yonge-University1.8 km
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train1.8 km
TMU StationTTC subway: Line 1 Yonge-University2 km
St Andrew StationTTC subway: Line 1 Yonge-University2.2 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.

Zoning

Zone

CR SS2 (x344)

By-law

569-2013

Municipality

Toronto
Commercial Residential zone (CR)
  1. 1 x344

    Site-specific exception 344: this site has rules of its own, written in the by-law.

  2. 2 SS2

    Standards set 2: the setback, height and coverage rules the by-law applies to this zone.

  3. 3 Where this is written

    Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(344)

  4. 4 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

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.

Mortgage Calculator

Plan with the current asking price

20% · $103,800

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
$103,800
Total mortgage amount
$415,200
Total interest payment
$295,200
Total purchase cost
$814,200
Mortgage payment
$2,368/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

48%

Monthly carrying cost

$3,179
−$829per month
  • Rent $2,350
  • Shortfall $829

Rental income opens at $2,350, the median asking rent of 47 comparable homes for lease in Waterfront Communities C8. Type over it with the rent you expect. This is a planning tool, not advice.

Market area · filters apply to the charts below

Recently sold nearby

Sold prices in Waterfront Communities C8 are shown to signed-in members.

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