$585,000 - 181 Sterling Road Unit 303, Downtown Toronto
Condo for Sale in Downtown Toronto
New — Listed 7 days agoNeighbourhood: Dufferin Grove
- MLS Number
- C13504460
- Property Type
- Condo
- Status
- active
- Days on Site
- 7
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 500 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- REMAX CONNECT REALTY
This one is for the outdoor lovers! Welcome to Suite 303 at the brand new House of Assembly condos! This 595 square foot 1-bedroom-plus-den, 2-bathroom unit has a whopping 381 square foot south-facing terrace, adding two-thirds to your living space!! Step inside and notice right away the abundance of natural light thanks to this unit's south-facing orientation and massive windows. The open concept living and dining areas are perfect for entertaining or getting cozy when it's too cold out to live it up on your massive terrace. The modern kitchen features brand new appliances and lots of room for even the most discerning chef. There's a 3-piece bathroom off the main living area, perfect for guests. The sizeable bedroom features a beautiful ensuite bathroom, and the den is large enough for a home office, home gym, or throw a day bed in there and ensure your guests have a comfortable place to sleep. Locker included for extra storage. Enjoy unmatched convenience with cafés, the Museum of Contemporary Art, Terroni Sterling, Henderson Brewing Company, parks, and more just 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!
Estimate your monthly payments for this property
Estimated Payment
$3,001.35/mo
Includes CMHC insurance ($16,322)
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.
181 Sterling Road Unit 303, 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 $1170/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.
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 500 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 $2,438 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.