$939,000 - 1 Ruttan Street Unit 201, Downtown Toronto
Condo for Sale in Downtown Toronto
Neighbourhood: Dufferin Grove
- MLS Number
- C13535848
- Property Type
- Condo
- Status
- active
- Days on Site
- 26
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- South West
- Balcony
- Terrace
- Listing Brokerage
- REALTY ONE GROUP FLAGSHIP
Rarely available Southwest corner townhome at The Brownstones on Bloor, tucked into the heart of the Junction Triangle. With South and West exposures and windows on multiple sides, this end-unit is filled with natural light throughout the day. The open-concept main floor features light-coloured hardwood floors, offering ample space for both living and dining areas, along with a granite-topped centre island kitchen complete with stainless steel appliances, a large breakfast bar, and striking modern cabinetry. The main level is finished with a convenient powder room. Upstairs, the primary suite offers a walk-in closet and windows on two exposures, alongside a generous second bedroom, plenty of additional storage, and a full four-piece bathroom. The entire third floor is dedicated to a versatile bonus room with a walk-out to the rooftop terrace. Ideal as a family room, home office, home gym, guest space, or a combination, it's a flexible area that adapts to your needs. Outside, the fully decked rooftop terrace offers room for lounge seating, a dining area, and a BBQ with a dedicated gas line, all overlooking open South-facing views across the surrounding rooftops.The location is one of the home's biggest draws. Just steps to Bloor Street West, Dundas West Station, Bloor GO, and the UP Express, commuting downtown or to Pearson Airport is simple. The Junction Triangle's cafés, restaurants, breweries, boutiques, and parks are all within easy walking distance. Corner suites at The Brownstones on Bloor are rarely offered for sale, and the additional windows set them apart from the interior units. Recent upgrades include a brand new owned tankless water heater and a new air conditioner. A dedicated Tesla Level 2 EV charger is already paid for and scheduled for installation later this summer.
Estimate your monthly payments for this property
Estimated Payment
$4,817.56/mo
Includes CMHC insurance ($26,198)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Dufferin Grove
Dufferin Grove is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Dufferin Grove
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Dufferin Grove offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1 Ruttan Street Unit 201, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $939/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 26 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Dufferin Grove
I know Dufferin Grove well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.