MLS® listing
20 Niagara Street PH1: condo apartment for sale
$5,699,000
From the listing brokerage
Discover the essence of luxury living in the heart of Toronto's King West neighbourhood with this stunning penthouse condo, offered fully furnished and meticulously renovated from top to bottom- allowing the ease of moving right in. Spanning just under 2,700 square feet of exquisite indoor space, this residence boasts soaring 16-foot ceilings on the main level, adding to its grandeur. The two spacious bedrooms each feature their own luxurious ensuite and walk-in closets, providing the ultimate in comfort and privacy. The chefs kitchen is a culinary masterpiece, with custom cabinetry, double fridges, a full induction range stove, a walk-in pantry, and a convenient eat-at island. Step outside to nearly 1,500 square feet of outdoor living spaces, including a private rooftop terrace with an outdoor kitchen, barbecue and ample space for the perfect outdoor retreat. Enjoy the warmth of a unique wood-burning fireplace and the convenience of a private elevator. With two additional private balconies offering park and city views, and two car parking spaces, this penthouse is a true urban oasis. Luxury Certified.
Facts on the listing
| Square feet | 2750-2999 |
|---|---|
| Approximate age | 16-30 |
| Style | 3-Storey |
| Basement | None |
| Parking spaces | 2 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $2,397 |
| Property tax | $15,014 |
| Tax year | 2025 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | South West |
| Fee includes | Heat Included, Water Included, Building Insurance Included, Parking Included |
| Building amenities | BBQs Allowed |
| Balcony | Terrace |
| Laundry | In-Suite Laundry |
| Interior features | Storage Area Lockers, Carpet Free, Water Heater Owned, Other |
| View | City, Garden, Downtown |
| Floor | 6 |
Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS® C13619202.
About this condo apartment
20 Niagara Street PH1 is a 2 bedroom condo apartment in TRREB's Waterfront Communities C1 community in Toronto, listed for sale at $5,699,000. The listing shows 3 bathrooms and 2750-2999 square feet. The style is given as 3-storey. The unit faces south west. It comes with 2 parking spaces, an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Niagara and Bathurst. The age is listed as 16-30 years.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
Building amenities on the listing: bbqs allowed.
What it costs to buy 20 Niagara Street PH1
At the asking price of $5,699,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $5,699,000 |
|---|---|
| Ontario land transfer tax | $128,950 |
| Toronto municipal land transfer tax | $205,410 |
| Both taxes | $334,360 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $1,139,800 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The rates above $2,000,000 used here are the ones for a home with one or two single family residences. A property with more units is taxed differently. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $2,397 a month |
|---|---|
| Property tax (2025) | $15,014 a year, about $1,251 a month |
| Fee and tax together | about $3,648 a month |
The listing says the maintenance fee includes heat, water, building insurance and parking. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $5,699,000, which is $5,149,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 2 parking spaces and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
About Downtown Waterfront
A condo market between the rail corridor and the lake, with Union station at its north edge. Almost every sale here is a condo apartment.
Transit: Union station (Line 1 and GO), St Andrew station (Line 1), Exhibition GO to the west, 509 Harbourfront, 510 Spadina and 504 King streetcars, 121 Esplanade-River bus
| Property type | Median | Sales and average |
|---|---|---|
| Waterfront Communities C1, all property types | $610,000 | 401 sales, average $730,812 |
| Waterfront Communities C1, condo apartment | About $607,000 | 396 sales, average about $726,000 |
| Waterfront Communities C1, condo townhouse | About $890,000 | 3 sales, average about $927,000 |
| Waterfront Communities C8, all property types | $597,500 | 114 sales, average $716,565 |
| Waterfront Communities C8, condo apartment | About $595,000 | 113 sales, average about $712,000 |
Source: TRREB community housing market reports, as set out in the guide.
Questions about Downtown Waterfront
What do waterfront condos in Toronto sell for?
From April to June 2026 TRREB recorded a condo apartment median of about $607,000 across 396 sales in Waterfront Communities C1 and about $595,000 across 113 sales in Waterfront Communities C8.
Is the downtown waterfront a good place to live without a car?
For transit it is well placed, with Union station for Line 1 and GO trains, St Andrew station on Line 1 and the 509 Harbourfront, 510 Spadina and 504 King streetcars. Exhibition GO is to the west.
Are there houses for sale on the downtown waterfront?
Very few. TRREB recorded no detached sales in either community from April to June 2026 and only one or two freehold sales, while 509 of the 515 sales were condo apartments.
Which parks are on the waterfront?
City parks include HTO Park, Sugar Beach Park, Sherbourne Common, Canoe Landing, Roundhouse Park, Berczy Park and David Crombie Park.
Are there community centres and libraries nearby?
Canoe Landing Community Recreation Centre is at 45 Fort York Boulevard and St. Lawrence Community Recreation Centre at 230 The Esplanade. The Toronto Public Library has Fort York and St. Lawrence branches.
Read the Downtown Waterfront neighbourhood guide · All Downtown Waterfront homes for sale
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Questions about 20 Niagara Street PH1
How much is land transfer tax on 20 Niagara Street PH1?
At the asking price of $5,699,000 the Ontario tax is $128,950 and the Toronto tax is $205,410, $334,360 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 20 Niagara Street PH1?
$1,139,800 at the asking price of $5,699,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 20 Niagara Street PH1?
The listing shows $2,397 a month, including heat, water, building insurance and parking. Check the current fee in the status certificate.
How much is the property tax on 20 Niagara Street PH1?
The listing shows $15,014 a year for 2025, about $1,251 a month.
Is 20 Niagara Street PH1 priced above or below the median?
It is listed at $5,699,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $5,149,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 20 Niagara Street PH1?
Use the form on this page or call us. Quote MLS® C13619202. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 20 Niagara Street PH1 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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