$850,000 - 181 Sterling Road Unit 711, Downtown Toronto
Condo for Sale in Downtown Toronto
91 days on marketNeighbourhood: Dufferin Grove
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- MLS Number
- C13541360
- Property Type
- Condo
- Status
- active
- Days on Site
- 91
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Maintenance Fees
- $600/mo
- Locker
- Common
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- REAL CITY REALTY INC.
Welcome to Suite 711 at the brand-new House of Assembly Condos, where modern design meets exceptional convenience in one of Toronto's most vibrant neighborhoods. This beautifully designed 2-bedroom, 2-bathroom suite offers approximately 800 sq. ft. of thoughtfully planned living space, complete with parking. Step inside to discover a bright, open-concept layout featuring 9-foot ceilings and expansive south-facing windows that fill the home with natural light. The spacious living and dining area is perfect for entertaining or relaxing, while the contemporary kitchen offers both style and functionality. The generous primary bedroom features a beautiful ensuite bathroom, while the second bedroom and full second bathroom provide flexibility for family, guests, or a home office. Enjoy the convenience of being just steps from trendy cafés, the Museum of Contemporary Art, Terroni Sterling, Henderson Brewing Company, parks, and more. Commuting is effortless with easy access to TTC transit, GO Transit, the Bloor UP Express, Union Station, and major downtown destinations, including SickKids Hospital. Residents enjoy premium amenities, including 24/7 concierge service, a state-of-the-art fitness centre, yoga studio, rooftop terrace with BBQs, party room, dog run, and bike storage. Experience modern downtown living in one of Toronto's most exciting communities. Welcome home.
Estimate your monthly payments for this property
Estimated Payment
$4,360.94/mo
Includes CMHC insurance ($23,715)
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 711, 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 $1214/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.
Negotiation Opportunity
At 91 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 $600/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 700 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 $3,542 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.