21 Nelson Street Unit 324, Toronto C01

Price: $393,000

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C12781464

Welcome to Unit 324 at 21 Nelson Street - The Boutique Condos! Discover the ultimate downtown lifestyle in this stylish Junior 1-Bedroom suite, perfectly situated in the heart of Torontos Financial and Entertainment Districts. Offering approximately 424 sq ft of well-planned living space, this residence combines modern finishes, smart design, and an unbeatable location that places you steps from everything the city has to offer. Inside, you'll find a bright and functional layout featuring floor-to-ceiling windows, and a modern open-concept kitchen with stainless-steel appliances, and sleek cabinetry. Contemporary 4-piece bathroom adds a touch of hotel-inspired elegance. Thoughtful design ensures every square foot is maximized for comfort and efficiency. Live the boutique-hotel lifestyle with 24-hour concierge service and an impressive lineup of amenities, including a rooftop terrace and Skyline Lounge with panoramic city views, a fully equipped fitness centre, steam rooms, and private cabanas perfect for entertaining or relaxing above the city buzz. Step outside and immerse yourself in one of Torontos most dynamic neighbourhoods. You're just moments from the PATH, St. Andrew Subway Station, the Shangri-La Hotel, Queen Street West, Scotiabank Arena, Rogers Centre, the CN Tower, and the citys best shopping, dining, and entertainment. Includes one locker for added convenience. Ideal for first-time buyers, investors, or professionals seeking a refined pied-a-terre in the core. Come experience Boutique Living Downtown where style, sophistication, and convenience meet.

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$393,000 - 21 Nelson Street Unit 324, Downtown Toronto

Condo for Sale in Downtown Toronto

146 days on market
1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C12781464
Property Type
Condo
Status
active
Days on Site
146
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
South
Balcony
Juliette
Listing Brokerage
EXECUTIVE REAL ESTATE SERVICES LTD.
Description

Welcome to Unit 324 at 21 Nelson Street - The Boutique Condos! Discover the ultimate downtown lifestyle in this stylish Junior 1-Bedroom suite, perfectly situated in the heart of Torontos Financial and Entertainment Districts. Offering approximately 424 sq ft of well-planned living space, this residence combines modern finishes, smart design, and an unbeatable location that places you steps from everything the city has to offer. Inside, you'll find a bright and functional layout featuring floor-to-ceiling windows, and a modern open-concept kitchen with stainless-steel appliances, and sleek cabinetry. Contemporary 4-piece bathroom adds a touch of hotel-inspired elegance. Thoughtful design ensures every square foot is maximized for comfort and efficiency. Live the boutique-hotel lifestyle with 24-hour concierge service and an impressive lineup of amenities, including a rooftop terrace and Skyline Lounge with panoramic city views, a fully equipped fitness centre, steam rooms, and private cabanas perfect for entertaining or relaxing above the city buzz. Step outside and immerse yourself in one of Torontos most dynamic neighbourhoods. You're just moments from the PATH, St. Andrew Subway Station, the Shangri-La Hotel, Queen Street West, Scotiabank Arena, Rogers Centre, the CN Tower, and the citys best shopping, dining, and entertainment. Includes one locker for added convenience. Ideal for first-time buyers, investors, or professionals seeking a refined pied-a-terre in the core. Come experience Boutique Living Downtown where style, sophistication, and convenience meet.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,016.29/mo

Includes CMHC insurance ($10,965)

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5-yr fixed avg.

Principal: $353,700Interest: $240,223
Mortgage Amount$364,665
Total Interest$240,223
Est. Property Tax$278/mo
Total Cost$604,888

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: Downtown Toronto / Waterfront

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

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

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.

70
Walk Score
Varies
Price Range

21 Nelson Street Unit 324, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$278
Insurance (est.)-$82
Net Cash Flow+$1,025

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

Negotiation Opportunity

At 146 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.

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.

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    21 Nelson Street Unit 324 | $393,000 | Battaglia Team