$1,980,000 - 18 Beverley Street Unit Ph 902, Downtown Toronto
Condo for Sale in Downtown Toronto
Popular ListingNeighbourhood: Kensington-Chinatown
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- MLS Number
- C13830358
- Property Type
- Condo
- Status
- active
- Days on Site
- 12
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $7,397
- Maintenance Fees
- $1,849/mo
- Locker
- None
- Exposure
- South East
- Balcony
- Terrace
- Listing Brokerage
- WEISS REALTY LTD.
SUN-FILLED 3-BEDROOM, 2-BATHROOM DOWNTOWN TORONTO CONDO WITH 2 PARKING SPACES AND 1 LOCKER! AND 3 ENORMOUS TERRACES! Welcome to this exceptional residence in the heart of downtown Toronto, perfectly situated on a quiet, residential street while just steps from the very best the city has to offer. Only 3 Units On This Floor So This Unit Offers Ample Privacy! This bright and spacious 1,595 INTERIOR SQUARE FOOT unit is filled with natural light throughout the day and features an ideal layout for both everyday living and entertaining.The primary bedroom offers a private ensuite and walk-in closet, while two additional bedrooms provide flexibility for family, guests, or a home office. The true showstopper is the abundance of private terraces (3 in total!), creating multiple outdoor spaces to relax, entertain and soak up the sunshine.Enjoy the ultimate downtown lifestyle with shops, trendy restaurants, cafes, parks and everyday conveniences all within walking distance. The University of Toronto, OCAD University and subway station are also close by, making this an ideal location for professionals, students or families looking to experience the best of Toronto without sacrificing the peace and charm of a residential setting.One underground parking space included. A rare opportunity to lease a bright, beautifully situated downtown home with exceptional indoor-outdoor living.
Estimate your monthly payments for this property
Estimated Payment
$8,758.21/mo
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 Kensington-Chinatown
Kensington-Chinatown 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 Kensington-Chinatown
- •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
Kensington-Chinatown 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.
18 Beverley Street Unit Ph 902, 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
Premium Pricing
At $1414/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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. The $1849/month fees should cover building insurance, common elements, and reserve contributions.
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 Kensington-Chinatown
I know Kensington-Chinatown 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 $8,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.