$520,000 - 20 Minowan Miikan Lane Unit 1127, Downtown Toronto
Condo for Sale in Downtown Toronto
156 days on market- MLS Number
- C12761646
- Property Type
- Condo
- Status
- active
- Days on Site
- 156
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- N/A sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
There's a feeling you get the moment you step inside - clean lines, intentional design, and a space that feels right. This 1-bedroom condo at The Carnaby blends modern design with effortless city living, all anchored by a striking CN Tower and skyline view that becomes part of your everyday life. The vibe is unmistakably urban. Exposed concrete ceilings pair perfectly with warm engineered hardwood floors, creating a space that feels stylish without trying too hard. The open-concept layout flows naturally from the kitchen to the living area, making it ideal for everything from quiet nights in to hosting friends for drinks before heading out. The kitchen is sleek and streamlined, designed for real life - quick breakfasts, casual dinners, and easy entertaining. The living area is ready to enjoy from day one, with the existing media centre, built-in storage, and TV all included. The bedroom offers a comfortable, well-proportioned space to unwind, and the modern bathroom keeps things simple and polished. Thoughtful design means every corner feels intentional, with no wasted space. Living here also means next-level convenience. Direct indoor access to Metro, Starbucks, and everyday essentials makes life easy, no matter the season. Step outside and you're in the heart of West Queen West, surrounded by boutiques, cafés, acclaimed restaurants, and some of the city's best nightlife. A short stroll brings you to Ossington's vibrant stretch, and quick access to the Gardiner makes getting anywhere effortless. With an included parking spot, bonus built-in storage, and a view that never gets old, this condo offers modern, connected living in one of Toronto's most dynamic neighbourhoods. This is where you want to be.
Estimate your monthly payments for this property
Estimated Payment
$2,667.87/mo
Includes CMHC insurance ($14,508)
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 Downtown Toronto / Waterfront
Downtown Toronto / Waterfront 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 Downtown Toronto / Waterfront
- •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
Downtown Toronto / Waterfront 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.
20 Minowan Miikan Lane Unit 1127, 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
Negotiation Opportunity
At 156 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. We'll want to verify the monthly fees and what they include.
Efficient Living
At 0 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.
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 $2,167 (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.