$ 473,000 $ 499,000 5.2%

5 mariner terrace #2908

Toronto, ON

  • 1 Bed
  • 1 Bath
    Full Baths: 1
  • 519 SqFt
  • - Year Built
Just Sold — And What a Win for My Client!
I'm thrilled to share the story of a recent sale that's a perfect example of why timing, patience, and the right guidance matter so much in this market.
My client just closed on a stunning 1-bedroom, 1-bathroom condo in the heart of downtown Toronto — and she got it for $473,000, well below the market value of $500,000+. That's nearly $30,000 in built-in equity from day one.
So how did this happen? The seller was an investor who had grown tired of holding the unit and was ready to move on. That motivation, combined with a buyer who was prepared and ready to act, created the perfect opportunity. My client was positioned to recognize the value and move quickly — and that's exactly what made this deal possible.
Here's what she got:
Panoramic, unobstructed views of the CN Tower and Rogers Centre — imagine watching a Blue Jays game or a concert from your own living room when the dome is open. Floor-to-ceiling windows, freshly painted, ensuite laundry, and a turn-key layout that's ready to move into. The building itself is loaded: 24-hour concierge, indoor pool, jacuzzi, tennis and squash courts, a full-sized basketball court, bowling alley, fitness centre, virtual golf, billiards, guest suites, and more. Steps to the Harbourfront, the Financial District, and the entertainment district.
The takeaway for first-time buyers and investors:
Opportunities like this don't announce themselves — they appear quickly, and they go to the buyers who are ready. Pre-approval, a clear sense of what you want, and a trusted agent in your corner can be the difference between watching a great deal pass by and walking away with real equity.
If you've been waiting for the right moment, let's talk. The right opportunity could be closer than you think — and when it comes, I'll make sure you're ready.
Listed by Samir Kumar of Re/Max Realty Services Inc. , Sold By Samir Kumar of Re/Max Realty Services Inc.

PROPERTY DETAIL

  • Key Details

    Sold Price $473,0005.2%

    Property Type Condo

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 519 sqft

    Price per Sqft $911

    Sold Date 05/15/26

    Bedrooms 1

    Full Baths 1

  • Location

    State ON

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