$978,000 - 181 Sterling Road Unit 315, Downtown Toronto
Condo for Sale in Downtown Toronto
Neighbourhood: Dufferin Grove
- MLS Number
- C13610208
- Property Type
- Condo
- Status
- active
- Days on Site
- 27
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North
- Balcony
- Juliette
- Listing Brokerage
- CENTURY 21 LEADING EDGE CONDOSDEAL REALTY
Presenting The House of Assembly, where contemporary design meets unbeatable urban convenience in the heart of Toronto's vibrant Sterling Junction neighbourhood. HST rebate eligible. This beautifully designed 2-bedroom + den suite offers 1,066 sq. ft. of thoughtfully planned interior living space, featuring soaring 9-foot ceilings, a spacious open-concept layout, and functional design throughout. The expansive living, dining, and kitchen area is perfect for entertaining, while the separate den provides the ideal space for a home office, study, or creative retreat. Two generously sized bedrooms offer flexibility for families, professionals, or roommates. One underground parking space and one storage locker are included, providing added convenience and value. Located within the dynamic Sterling Junction community, residents enjoy outstanding connectivity with the UP Express, GO Transit, TTC streetcars, and subway all just moments away. The neighbourhood is home to an exciting collection of cafés, restaurants, breweries, galleries, parks, and independent boutiques, making it one of Toronto's most desirable west-end communities. Developed by Marlin Spring Developments in partnership with Greybrook Realty Partners, The House of Assembly features an exceptional collection of resident amenities, including a state-of-the-art fitness and wellness centre, yoga studio, rooftop terrace with BBQ stations and outdoor dining areas, children's play zone, pet wash, co-working spaces, and a dedicated dog run. Modern architecture, premium amenities, and an unbeatable location combine to create an exceptional opportunity to own in one of Toronto's most exciting new communities. Some photos have been virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$5,017.65/mo
Includes CMHC insurance ($27,286)
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 315, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
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 $978/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 27 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.
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 $4,075 (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.