181 Sterling Road Unit 1107, Toronto C01

Price: $564,000

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: C13504450

Live and work from home in one of the city's most exciting and vibrant neighbourhoods! Welcome to the marvelous, never-lived-in suite 1107 at the brand new House of Assembly Condos. This 1-bedroom-plus-den unit has 662 square feet of interior living space, plus a 48-square-foot south-facing balcony. Step inside and notice right away how much natural light pours through the south-facing windows, amplified by the 9-foot ceilings that make the space feel airy and bright. The open concept living and dining areas offer plenty of space for hosting or relaxing. The sizeable bedroom features a gorgeous ensuite bathroom that will make getting ready each day a joy. The separate den makes a perfect home office, home gym, or whatever your heart desires. Locker included for extra storage. Enjoy unmatched convenience with cafés, the Museum of Contemporary Art, Terroni Sterling, Henderson Brewing Company, parks, and more steps away. Ideally located near TTC transit, GO Transit, and the Bloor UP Express for an easy commute to the city or to the airport in mere minutes. Premium amenities include 24/7 concierge, yoga studio, first-class level fitness centre, rooftop terrace with BBQs, party room, dog run, and bike storage. Welcome home!

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New Listing
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$564,000 - 181 Sterling Road Unit 1107, Downtown Toronto

Condo for Sale in Downtown Toronto

New — Listed 7 days ago

Neighbourhood: Dufferin Grove

2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
C13504450
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
REMAX CONNECT REALTY
Description

Live and work from home in one of the city's most exciting and vibrant neighbourhoods! Welcome to the marvelous, never-lived-in suite 1107 at the brand new House of Assembly Condos. This 1-bedroom-plus-den unit has 662 square feet of interior living space, plus a 48-square-foot south-facing balcony. Step inside and notice right away how much natural light pours through the south-facing windows, amplified by the 9-foot ceilings that make the space feel airy and bright. The open concept living and dining areas offer plenty of space for hosting or relaxing. The sizeable bedroom features a gorgeous ensuite bathroom that will make getting ready each day a joy. The separate den makes a perfect home office, home gym, or whatever your heart desires. Locker included for extra storage. Enjoy unmatched convenience with cafés, the Museum of Contemporary Art, Terroni Sterling, Henderson Brewing Company, parks, and more steps away. Ideally located near TTC transit, GO Transit, and the Bloor UP Express for an easy commute to the city or to the airport in mere minutes. Premium amenities include 24/7 concierge, yoga studio, first-class level fitness centre, rooftop terrace with BBQs, party room, dog run, and bike storage. Welcome home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,893.61/mo

Includes CMHC insurance ($15,736)

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5%10%50%

5-yr fixed avg.

Principal: $507,600Interest: $344,748
Mortgage Amount$523,336
Total Interest$344,748
Est. Property Tax$400/mo
Total Cost$868,084

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.

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Neighbourhood Guide: Dufferin Grove

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

181 Sterling Road Unit 1107, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$400
Insurance (est.)-$118
Net Cash Flow+$1,292

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $940/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $2,350 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    181 Sterling Road Unit 1107 | $564,000 | Battaglia Team