$1,649,900
For sale: Apartment

CityPlace Harbourfront 2-Bed + Den, 3-Bath 2-Storey Penthouse With 777 Sq Ft Private Terrace, Skyline Views And Lake Ontario Sunsets At 25 Telegram Mews. 2-bed + den, 3-bath, 2-storey penthouse in Montage's Luxury Edition at CityPlace - private lobby and concierge, exclusive elevators, and a 777 sq ft private terrace, plus two additional balconies. 1,138 sq ft interior only (builder-provided), terrace separate. Rebuilt interior: Calcutta quartz counters, full-size stainless appliances, glass staircase, ambient ceiling lighting, automated blinds, and two ensuites with rainfall showers. 2 side-by-side parking spaces + locker. Currently tenanted at $8,000/mo, lease from May 1, 2026 until April 30, 2027 - assumable. Possession flexible if assuming tenant. Confirm showing and tenancy details with the listing brokerage before booking - tenant-occupied, showings by appointment only. In the building: heated saltwater indoor pool, 10-person hot tub, gym, rooftop garden, BBQ terrace, party and theatre rooms, billiards, karaoke and card rooms, climbing wall, guest suites, 24-hour concierge and security, visitor parking - and Sobeys in the building. Across the street: Canoe Landing Park and Community Recreation Centre and Jean Lumb Public School. Spadina streetcar to Union Station and the Financial District; Gardiner/QEW access nearby; The Well, Rogers Centre, CN Tower, Harbourfront and the waterfront trails close by. Maintenance $994.70/mo; taxes $5,263 (2026). Offered at $1,649,900.
Sold data
Homes in Waterfront Communities took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 50, across 421 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.
The median sale price was $624,800.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 421 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Waterfront Communities) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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