60 Tannery Rd #516, Toronto

Name: 60 Tannery Road, Unit 516
SKU: C13752324
Price: 498000 CAD
Availability: InStock

1 Bed, 1 Bath Condo in Toronto

Unit 516 at 60 Tannery Road

Step into a sunlit living and dining space with clean sightlines and effortless flow. The open-concept kitchen keeps you connected - prep dinner, catch your favourite show, and take in the view all at once.Your private balcony is the perfect reset: morning coffee, evening unwind, fresh air above the city.The primary bedroom is smartly designed with wall-to-wall closets that maximize every inch.Outside your door, it only gets better. Run the trails at Corktown Common, stroll the waterfront, work out at the YMCA, grab lunch at Souk Tabule or Impact Kitchen, and wander the Distillery District. With quick access to the Bayview Extension and DVP, commuting is easy.Full-service building with gym, co-working space, party room, 24-hr concierge, pet wash, bike storage, and BBQ area.City living. Done right.

1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $996 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 60 Tannery Rd #516

Every detail from the listing, in one place.

Type: Condo
Style: 1 Storey/Apt
Living space: 500-599 sq ftas stated on the listing
Parking: 1 spaceYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 1

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 1 Storey/Apt
Property class: Condo Apartment

60 Tannery Rd #516 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Sep 8, 2026For saleListedThis listingMLS® C13752324$498,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 60 Tannery Rd #516 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Above Market· based on 15,938 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $845,000
Average sold price: $1,081,240
Average days on market: 31
Homes sold: 9,621

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$845,000Last 90 days
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4931.9%On average, homes sold at or above asking.
Active listings12,206Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 28 – Jul 27, 2026: prices up.

Based on 9,621 sales from Jul 27 – Oct 25, 2026 (6,856 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 516 — 60 Tannery Road 1 bd · 1 ba · 500 sqft	$498,000asking	$996	—	—
32 Trolley Crescent 2 bd · 2 ba · 700 sqft
7 Lorraine Drive 2 bd · 2 ba · 800 sqft
27 Rean Drive 1 bd · 1 ba · 500 sqft
60 Bathurst Street 1 bd · 1 ba · 700 sqft
88 Sheppard Avenue 1 bd · 1 ba · 500 sqft
21 Overlea Boulevard 2 bd · 2 ba · 900 sqft

32 Trolley Crescent
2 bd · 2 ba · 700 sqft
7 Lorraine Drive
2 bd · 2 ba · 800 sqft
27 Rean Drive
1 bd · 1 ba · 500 sqft
60 Bathurst Street
1 bd · 1 ba · 700 sqft
88 Sheppard Avenue
1 bd · 1 ba · 500 sqft
21 Overlea Boulevard
2 bd · 2 ba · 900 sqft

More in this building

3 for sale · 6 for rent at 60 Tannery Rd — plus its sale and lease history.

See all of 60 Tannery Rd

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

King StationLine 11.9 km24 min walk
Queen StationLine 12.0 km24 min walk
TMU StationLine 12.1 km

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

King Station (Line 1)24 min walk
Queen Station (Line 1)24 min walk
TMU Station (Line 1)2.1 km

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

King Station
1.9 km24 minClosest· Line 1
Homes near King Station
Queen Station
2.0 km24 min· Line 1
Homes near Queen Station
TMU Station
2.1 km· Line 1
Homes near TMU Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 60 Tannery Rd #516. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 60 Tannery Rd #516

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,447; 20% down · 25 years · 5.5% assumed
Property tax: $274; 0.66% mill rate · ON
Total per month: $2,721; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,447

/mo

based on the purchase price of $498,000

Down payment20%

$99,600 cash

Amortization25 yr

$398,400 financed

Rate5.50%

$335,557 total interest

Principal54%$398,400

Interest46%$335,557

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

Book a tour of 60 Tannery Rd #516 with a licensed buyer's agent

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Questions About 60 Tannery Rd #516

How much is 60 Tannery Rd #516 listed for?

60 Tannery Rd #516 is listed at $498,000 (MLS® C13752324). Summitly updates the price as soon as the MLS® record changes.

Is $498,000 a good price for 60 Tannery Rd #516?

Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 60 Tannery Rd #516 changed?

No — 60 Tannery Rd #516 is still listed at its original asking price of $498,000.

How many bedrooms and bathrooms does 60 Tannery Rd #516 have?

60 Tannery Rd #516 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Toronto.

Is 60 Tannery Rd #516 close to transit?

The nearest rapid-transit station is King Station (Line 1), about 1.9 km (about a 24-minute walk) in a straight line. Queen Station is about 2.0 km (about a 24-minute walk), and TMU Station is about 2.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 60 Tannery Rd #516?

About $2,447 a month — principal and interest on $498,000 with 20% down ($99,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 60 Tannery Rd #516 compare with other homes in Toronto?

Its asking price of $498,000 is about 41% below the median sold price in Toronto over the last 90 days, $845,000, across 9,621 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 60 Tannery Rd #516 been sold before?

Summitly has no earlier MLS® sale or lease of 60 Tannery Rd #516 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 60 Tannery Rd #516?

60 Tannery Rd #516 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 60 Tannery Rd #516 been on the market?

47 days — 60 Tannery Rd #516 was listed on September 8, 2026.

What is the price per square foot of 60 Tannery Rd #516?

About $831 to $996 per square foot: the asking price of $498,000 over the 500–599 sq ft the listing gives as its size range.

Does 60 Tannery Rd #516 have parking or a garage?

Yes — the listing gives 1 parking space. Garage: Yes.

What you should know