2 Augusta Avenue Unit 702, Toronto C01

Price: $799,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: C13780500

Welcome to urban living at its finest at 2 Augusta Ave, ideally located in the heart of downtown Toronto. This stylish 2-bedroom + den residence offers a functional, modern layout designed for comfortable city living. The versatile den is perfect for a home office, study area, or additional living space. Enjoy contemporary finishes, an open-concept living anddining area, and plenty of natural light. One parking space is included, a valuable convenience in this prime downtown location. Steps to transit, restaurants, cafes, shopping, entertainment, and everyday essentials, with easy access to Kensington Market, Chinatown, Queen West, and theFinancial District. An excellent opportunity for end-users or investors looking to own in one of Toronto's most vibrant and connected neighbourhoods.

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active
New Listing
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$799,000 - 2 Augusta Avenue Unit 702, Downtown Toronto

Condo for Sale in Downtown Toronto

New — Listed 2 days ago

Neighbourhood: Waterfront Communities C1

3Beds
2Baths
700 - 1,099Sq Ft
Condo

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Property Details
MLS Number
C13780500
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
None
Exposure
North East
Balcony
Open
Listing Brokerage
FIRST CLASS REALTY INC.
Description

Welcome to urban living at its finest at 2 Augusta Ave, ideally located in the heart of downtown Toronto. This stylish 2-bedroom + den residence offers a functional, modern layout designed for comfortable city living. The versatile den is perfect for a home office, study area, or additional living space. Enjoy contemporary finishes, an open-concept living anddining area, and plenty of natural light. One parking space is included, a valuable convenience in this prime downtown location. Steps to transit, restaurants, cafes, shopping, entertainment, and everyday essentials, with easy access to Kensington Market, Chinatown, Queen West, and theFinancial District. An excellent opportunity for end-users or investors looking to own in one of Toronto's most vibrant and connected neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

$
$
5%10%50%

5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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: Waterfront Communities C1

Discover Waterfront Communities C1

Waterfront Communities C1 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 Waterfront Communities C1

  • 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

Waterfront Communities C1 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

2 Augusta Avenue Unit 702, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$455
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$1,413

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

Premium Pricing

At $1141/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 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.

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 Waterfront Communities C1

I know Waterfront Communities C1 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.

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    2 Augusta Avenue Unit 702 | $799,000 | Battaglia Team