MLS® listing
21 Grand Magazine Street LPH2601: condo apartment for sale
$1,950,000
From the listing brokerage
Rarely offered 1,888 sq. ft. lower penthouse corner suite in the award-winning West Harbour City II, offering spectacular unobstructed views of Lake Ontario, Toronto Island Airport and the Waterfront! Flooded with natural light through floor to ceiling windows and enhanced by 10 ft ceilings, this exceptional residence features an open concept living space with walkout to a balcony, designed both for everyday living and entertaining. The thoughtfully designed layout offers a split bedroom plan with an expansive primary retreat featuring a private balcony, five piece ensuite and his and hers closets. The second bedroom offers its own ensuite bath, walk in closet and private balcony overlooking the lake. The den, with custom built ins and a two-sided fireplace can easily function as a home office or media room. Residents enjoy 24-hour concierge service, indoor pool, hot tub, sauna, fitness centre, party room, guest suites and more. Ideally located steps to the waterfront, parks, trails, transit and downtown conveniences, this is a rare opportunity to own one of the most desirable suites in Toronto's premier waterfront community!
Facts on the listing
| Square feet | 1800-1999 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Heat Pump |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $1,605 |
| Property tax | $7,209 |
| Tax year | 2025 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | South East |
| Fee includes | Heat Included, Common Elements Included, Building Insurance Included, Water Included, Parking Included, CAC Included |
| Balcony | Open |
| Laundry | In-Suite Laundry |
| Parking | None |
| Interior features | Carpet Free, Primary Bedroom - Main Floor |
| View | City, Clear, Downtown, Lake, Marina, Panoramic, Skyline, Water |
| Floor | 26 |
Listing courtesy of Signature Elite Realty Ltd.. MLS® C13851152.
About this condo apartment
21 Grand Magazine Street LPH2601 is a 3 bedroom condo apartment in TRREB's Niagara community in Toronto, listed for sale at $1,950,000. The listing shows 3 bathrooms and 1800-1999 square feet. The style is given as apartment. The unit faces south east. It comes with 1 parking space, an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Lakeshore and Bathurst.
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.
What it costs to buy 21 Grand Magazine Street LPH2601
At the asking price of $1,950,000, 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 | $1,950,000 |
|---|---|
| Ontario land transfer tax | $35,475 |
| Toronto municipal land transfer tax | $35,475 |
| Both taxes | $70,950 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $390,000 |
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. 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 | $1,605 a month |
|---|---|
| Property tax (2025) | $7,209 a year, about $601 a month |
| Fee and tax together | about $2,206 a month |
The listing says the maintenance fee includes heat, common elements, building insurance, water, parking and cac. 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 $1,950,000, which is $1,400,000 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 1 parking space 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.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 21 Grand Magazine Street LPH2601
How much is land transfer tax on 21 Grand Magazine Street LPH2601?
At the asking price of $1,950,000 the Ontario tax is $35,475 and the Toronto tax is $35,475, $70,950 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 21 Grand Magazine Street LPH2601?
$390,000 at the asking price of $1,950,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 21 Grand Magazine Street LPH2601?
The listing shows $1,605 a month, including heat, common elements, building insurance, water, parking and cac. Check the current fee in the status certificate.
How much is the property tax on 21 Grand Magazine Street LPH2601?
The listing shows $7,209 a year for 2025, about $601 a month.
Is 21 Grand Magazine Street LPH2601 priced above or below the median?
It is listed at $1,950,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $1,400,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 21 Grand Magazine Street LPH2601?
Use the form on this page or call us. Quote MLS® C13851152. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 21 Grand Magazine Street LPH2601 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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