Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · Fort York-Liberty Village
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38 Iannuzzi St, Toronto
Built
2021
Storeys
24
Suites
459
Developer
Onni Group
Corporation
TSCC-2872
Walk Score
95
Free · about 45 seconds · no obligation
What is your unit at Fortune at Fort York worth today?
Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.
- Uses this building’s own recent sales
- Adjusts for floor, view and parking
- Your number appears instantly
How you get around
Scores from Walk Score®
Walk Score
Walker's Paradise
Transit Score
Rider's Paradise
Bike Score
Biker's Paradise
Transit, nearest first
- 509Fleet St at Bathurst St West Side509 Harbourfront / 511 Bathurst streetcarSteps away
- 29DufferinTTC bus0.7 km
- 63OssingtonTTC bus0.8 km
- GOExhibition GOLakeshore West line1.4 km
- 1St Andrew stationLine 1 Yonge–University1.8 km
- UPUnion stationUP Express · Pearson to Union1.9 km
- 929Dufferin ExpressTTC bus2.0 km
TTC is renewing streetcar track at Long Branch Loop through late 2026; some Lake Shore streetcar trips run as buses.
Distances are straight-line from the building.
How far is everything?
From the front door, in kilometres.
Schools for this address
Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.
ElementaryJK–8
The Waterfront School
635 Queens Quay W, Toronto
0.4 km · ~6 min walk
Zoned for this address
High schoolGr 9–12
Parkdale Collegiate Institute
209 Jameson Ave, Toronto
2.8 km
Zoned for this address
Catholic elementary
Bishop Macdonell Catholic Elementary
0.6 km · ~9 min walk
Nearest, confirm zoning
Catholic elementary
St Mary Catholic Elementary School
1.0 km · ~16 min walk
Nearest, confirm zoning
Catholic secondary
St Joseph's College School
3.2 km
Nearest, confirm zoning
French-language · Viamonde (public)
Ecole Elementaire Pierre Elliott Trudeau
1.9 km
Nearest, confirm zoning
Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.
By the numbers
What units at Fortune at Fort York actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| Studio | 0 | too few | 15 | $1,850/mo |
| 1 bed | 5 | $501,000 | 43 | $2,500/mo |
| 2 bed | 3 | $665,000 | 10 | $3,125/mo |
| 3 bed + | 2 | too few | 5 | $3,675/mo |
Table covers the last 24 months. TRREB MLS® System aggregates; a median is shown only with 3 or more deals, and sizes come from listing ranges. Not an appraisal: get an estimate for your unit.
Living here
Renters, Airbnb and elevators at Fortune at Fort York
Do mostly owners or renters live here?
Renter-heavy building. Of 199 deals here in the last 24 months, 175 were leases and 24 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.
Can you Airbnb a unit at Fortune at Fort York?
No active City registrations here right now. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.
How reliable are the elevators?
Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.
Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.
Before you buy here
Five things the listing will not tell you about Fortune at Fort York
- Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
- Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
- Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
- Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
- Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.
Send me the status certificate and I will flag anything that matters before your conditional period runs out.
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Takes about twenty seconds.
Eat, drink and shop nearby
Within about a 10-minute walk.
Coffee
Tim Hortons
Steps away
Sandwiches
Subway
Steps away
Bakery
Out of Office: Matcha+bakery
Steps away
Burgers
McDonald's
0.2 km · ~3 min walk
Sushi
Zenshi Handcrafted Sushi
0.2 km · ~3 min walk
Restaurant
Sister Sister Mobile Cafe
0.2 km · ~3 min walk
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- June Callwood Park
- Coronation Park - Toronto
- Stadium Road Park
Nearest grocery
Loblaws
0.2 km · ~3 min walk
Prices: TRREB MLS® System aggregate medians for 38 Iannuzzi St, last 12 months (updated 18 October 2026), compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage; deemed reliable, not guaranteed. Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.
Fortune at Fort York is the building I show first-time buyers who want a newer tower west of Bathurst at a lower entry price than CityPlace. It is the fourth and last of Onni’s Fort York towers, finished in 2021, and a lot of its suites are studios. That is good for getting in the door and something to think hard about when it comes time to sell. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
Fortune at Fort York is a 24-storey, 459-suite condominium at 38 Iannuzzi Street, also listed as 65 Grand Magazine Street, in the Fort York area of Fort York-Liberty Village, Toronto. It was developed by Onni Group, with Arcadis (formerly IBI Group) as architect, and completed in 2021. The condominium corporation is TSCC-2872, registered on 23 September 2021. Suites run from about 345 to 1,100 square feet. The maintenance fee includes common elements, building insurance and water. Property management is listed as Duka Property Management.
Fortune at Fort York at a glance
The last of Onni’s Fort York towers
Onni Group built a cluster of condominiums on the former Molson brewery lands west of Bathurst, south of Fort York Boulevard. Fortune was the fourth, after Garrison at Fort York, The Yards at Fort York and Local at Fort York. Together the four were planned to add about 1,400 homes.
Fortune changed between launch and completion. When it was announced in 2015, IBI Group’s design was a 32-storey tower with 511 suites on a block-wide podium. What was built is 24 storeys and 459 suites, according to UrbanToronto’s database and listing data. If you are reading old marketing material, keep that in mind.
The building carries two addresses: 38 Iannuzzi Street, which listing data uses, and 65 Grand Magazine Street, which appears in UrbanToronto’s database. Check the address on the status certificate and the deed for any suite you are considering.
Because the four Onni towers sit within a few blocks of each other, they are each other’s main competition. When you are pricing a suite at Fortune, look at comparable suites at The Yards, Local and Garrison as well. Fortune is the newest of the four, which usually earns it a premium on finishes and systems, but an older tower with a larger suite or better fee inclusions can be the better buy.
A studio-heavy building
Suites run from about 345 to 1,100 square feet, and the launch mix included studios, one- and two-bedrooms, three-bedrooms and townhomes. What is for sale now is mostly studios under 500 square feet, with a one-plus-den in the 600s.
Studios are the cheapest way into a newer downtown-area building, and they lease quickly. They also sell to a narrow group of buyers, mostly investors and first-time buyers, and in my experience they tend to rise in value more slowly than larger suites in the same building. If you are buying a studio to live in, check that there is room for a bed, a sofa and a table at once, and that there is a proper closet. If you are buying to rent, look at the lease and vacancy history of comparable suites.
The larger two- and three-bedroom suites and the townhomes are a different market, aimed at owner-occupiers, and they come up less often.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
Amenities, as planned and as listed
When Fortune launched, Onni planned a 24-hour concierge, two guest suites, a fitness centre with change rooms, a rooftop outdoor fitness area, a steam room, a sauna and relaxation tubs, plus a landscaped courtyard with barbecues, a dining area, fireplace lounge seating and a water feature.
Current listing data shows concierge, a gym and a party room. The design changed between launch and completion, so tour the amenity floors and get the actual list from management before you assume the full 2015 package was built. If the spa features and rooftop fitness area are there, they are a meaningful plus for a building of this size.
Fort York day to day
This pocket of Fort York sits between Bathurst Street and Strachan Avenue, south of Fort York Boulevard and north of Lake Shore Boulevard. Fort York National Historic Site, the Bentway under the Gardiner and the waterfront are all close, and June Callwood Park is in the neighbourhood. Liberty Village is across the rail corridor to the northwest.
The neighbourhood is quieter than CityPlace but has fewer shops at street level, and you will walk to Bathurst or into Liberty Village for most errands. The Gardiner and Lake Shore are close by, so south-facing suites can hear traffic. The data panel on this page has transit and walkability details.
The area has also changed a lot in the last decade. When Onni launched its first tower here, much of this land was still empty. Today it is a complete residential pocket, with parkland, a library branch and a community of young households, and it no longer feels like a frontier. That maturity is part of what you are paying for compared with earlier buyers.
What Fortune at Fort York costs
The building average is about $909 per square foot. That is in line with other newer towers in the area, and above Onni’s earlier Fort York buildings, such as The Yards, which reflects Fortune’s age and its smaller average suite.
At the time I wrote this, three suites were for sale and six for lease. Studios were asking roughly $369,900 to $395,000. Fees on current listings ranged from about $316 to $570 a month.
The fee works out to about $1.26 per square foot on current listings, which is high, but the reason is that most listings are studios: a small suite still pays its share of the building’s fixed costs. The fee includes common elements, building insurance and water, so heat, cooling and hydro are likely on your own account and parking is not listed. Ask for recent utility bills before you compare it with an older building. For actual sold figures, use the aggregate data on this page or ask me for a building sold report.
Building specifications
| Building name | Fortune at Fort York |
| Address | 38 Iannuzzi St, Toronto (also listed as 65 Grand Magazine St) |
| Developer | Onni Group |
| Architect | Arcadis (formerly IBI Group) |
| Storeys | 24 |
| Total suites | 459 |
| Condo corporation | TSCC-2872 |
| Registered | 23 September 2021 |
| Property management | Duka Property Management (per listing data) |
| Suite sizes | Approximately 345 to 1,100 sq ft |
| Maintenance fees | About $1.26 per sq ft on current listings, mostly studios |
| Fees include | Common elements, building insurance and water |
Amenities at Fortune at Fort York
The confirmed amenities are the basics: concierge, a gym and a party room. The launch plan was more generous, so check what was actually built; it changes what you are paying for in the fee.
Jatin’s honest take on Fortune at Fort York
Who this building suits
First-time buyers who want a newer building near the waterfront at a lower entry price, investors who want a studio or one-bedroom that leases quickly, and owner-occupiers who want a larger suite in a quieter part of downtown.
What I’d want you to check
Confirm what amenities exist, since the building changed from its 2015 plans. Check what utilities you pay, because the fee covers only common elements, insurance and water. Confirm parking and locker arrangements. At about five years old, the building is past its first warranty period, so ask about outstanding deficiency claims and read the reserve fund study. Check exposure for traffic noise. Read the rules on pets and leasing.
The value question
At about $909 per square foot, Fortune is fairly priced for a newer tower, and it gives you a way into the neighbourhood at under $400,000. Studios are the weakest long-term holds here. If you can stretch to a one-plus-den or larger, I think you get a better resale position and a suite you can live in longer. With only a handful of listings at any time, be patient and compare against the other three Onni towers before you commit.
Free building report: Fortune at Fort York
Send me your email and I’ll put together a current report on Fortune at Fort York — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.
- Every sale in the building over the last 12 months
- Current active listings and asking prices
- Maintenance fee breakdown and what’s included
- My read on which exposures and floors hold value
Tell me what you are planning
Three quick answers so I come back with something useful, usually the same day.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
Fortune at Fort York — frequently asked questions
Who developed Fortune at Fort York?
Onni Group. It was the fourth tower in Onni’s Fort York community, after Garrison, The Yards and Local.
Who was the architect?
IBI Group, which is now part of Arcadis.
How tall is Fortune at Fort York?
24 storeys, about 79 metres. The original 2015 plan was for 32 storeys.
How many suites does it have?
459 suites, from about 345 to 1,100 square feet. The 2015 plan called for 511.
When was it completed?
In 2021. The corporation, TSCC-2872, was registered on 23 September 2021.
Why does it have two addresses?
Listing data uses 38 Iannuzzi Street and UrbanToronto lists 65 Grand Magazine Street. Check the address on the status certificate.
What do the maintenance fees include?
Common elements, building insurance and water. Heat, cooling and hydro are not listed as included.
What amenities does it have?
Listing data shows concierge, a gym and a party room. The launch plan also included guest suites, a sauna, steam room and a courtyard with barbecues; confirm what was built.
Who manages the building?
Listing data shows Duka Property Management.
How does it compare with The Yards at Fort York?
The Yards, at 20 Bruyeres Mews, is Onni’s 2015 building nearby. It is older and priced lower per square foot; Fortune is newer with a smaller average suite.
How much do condos at Fortune at Fort York sell for?
Over the last 12 months the median resale at Fortune at Fort York was $545,250, across 10 sales. The typical unit sold in 18 days at about 99% of the asking price. That works out to roughly $911 per square foot.
How much is rent at Fortune at Fort York?
The median lease at Fortune at Fort York over the last 12 months was $2,500/mo, from 73 leases. Units typically leased in 15 days.
What does each unit type cost at Fortune at Fort York?
Over the last 24 months: Studios rented for $1,850/mo; One-bedrooms sold for a median $501,000 and rented for $2,500/mo; Two-bedrooms sold for a median $665,000 and rented for $3,125/mo; Three-bedrooms rented for $3,675/mo. Each median uses three or more deals.
Are prices at Fortune at Fort York up or down since 2022?
Down about 29%. The median sold price per square foot was $1,282 in 2022 and $911 over the last 12 months. Pricing off 2022 comparables is the most common mistake sellers make here.
What rental yield does Fortune at Fort York offer an investor?
At a median price of $545,250 and a median rent of $2,500 a month, the gross yield is about 5.5%, before maintenance fees, property tax, insurance and mortgage interest. Net cash flow depends on the fee and your down payment, so run the numbers for the exact unit.
Do mostly owners or renters live at Fortune at Fort York?
Mostly renters. Of the deals here in the last 24 months, 88% were leases and 12% were sales.
Can you Airbnb a unit at Fortune at Fort York?
Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows no active short-term rental registrations at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.
Has Fortune at Fort York had elevator outages?
None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.
What schools is Fortune at Fort York zoned for?
For TDSB public schools, the address is zoned for The Waterfront School (Elementary, JK–8), Parkdale Collegiate Institute (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.
What is the closest subway or GO station to Fortune at Fort York?
The nearest subway is St Andrew station (Line 1 Yonge–University), 1.8 km away; the nearest GO station is Exhibition GO on the Lakeshore West line, 1.4 km; UP Express runs from Union station, 1.9 km; the 509 Harbourfront / 511 Bathurst streetcar stops 0.1 km away; the closest bus is the Dufferin (TTC bus). Distances are straight-line from the building.
What is the Walk Score of Fortune at Fort York?
Walk Score 95, Transit Score 91 and Bike Score 95. Most daily errands can be done on foot.
What restaurants and shops are near Fortune at Fort York?
Within about a 10-minute walk: Tim Hortons (Coffee), Subway (Sandwiches), Out of Office: Matcha+bakery (Bakery), McDonald's (Burgers), Zenshi Handcrafted Sushi (Sushi). The closest grocery store is Loblaws, 0.2 km away.
Which parks are near Fortune at Fort York?
June Callwood Park, Coronation Park - Toronto, Stadium Road Park are the closest green spaces.
What is my unit at Fortune at Fort York worth?
Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.
How do I find out when a unit at Fortune at Fort York lists or sells?
Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.
Looking at King West, Liberty Village and CityPlace more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
About the author — Jatin Dua, Toronto condo broker
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty. I work condo buildings across Toronto and the GTA every week, including King West, Liberty Village and CityPlace. What buyers and sellers usually need is someone who knows the individual buildings: which exposures get the light, which corporations keep healthy reserve funds, and which units are priced past what they will appraise for.
If you’re buying or selling at Fortune at Fort York, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.
More King West, Liberty Village and CityPlace building guides: 123 Portland · 263 Wellington West · 300 Front Street West · 32 Camden Street Lofts · 330 Richmond · 357 King West
More resources: GTA condo directory · Building sold report · Book a call
© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.