21 Widmer Street Unit 3701, Toronto C01

Price: $759,900

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: C13842616

Welcome to Cinema Tower! Located in the heart of Toronto's vibrant Entertainment District, this bright and spacious 1 Bedroom + Den, 2 Full Bathroom suite offers approximately 692 sq. ft. of interior living space plus a 99 sq. ft. balcony with breathtaking panoramic city and lake views from the 37th floor.Featuring 9-ft ceilings, hardwood flooring throughout, large foyer closet , and a gorgeous modern kitchen with quartz countertops, ceramic backsplash and built-in appliances. The versatile den can easily function as a second bedroom, home office or guest room. Includes 1 parking space and 1 locker.The unit is vacant, freshly professionally painted and professionally cleaned, and ready for immediate occupancy. Residents enjoy exceptional amenities including a fully equipped gym, spa, full-size basketball court, party room/lounge, outdoor terrace with BBQs, movie theatre, guest suite, visitor parking and 24-hour concierge. Amenities are conveniently located on the 6th floor.Unbeatable downtown location, steps to restaurants, entertainment, Financial District, TTC, University of Toronto, OCAD University and Toronto Metropolitan University. Enjoy the best of downtown living at Cinema Tower!

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New Listing
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$759,900 - 21 Widmer Street Unit 3701, Downtown Toronto

Condo for Sale in Downtown Toronto

New — Listed 7 days ago

Neighbourhood: Waterfront Communities C1

2Beds
2Baths
600Sq Ft
Condo

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Property Details
MLS Number
C13842616
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Downtown Toronto / Waterfront
Taxes (2026)
$3,913
Maintenance Fees
$734/mo
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
CENTURY 21 MILLER REAL ESTATE LTD.
Description

Welcome to Cinema Tower! Located in the heart of Toronto's vibrant Entertainment District, this bright and spacious 1 Bedroom + Den, 2 Full Bathroom suite offers approximately 692 sq. ft. of interior living space plus a 99 sq. ft. balcony with breathtaking panoramic city and lake views from the 37th floor.Featuring 9-ft ceilings, hardwood flooring throughout, large foyer closet , and a gorgeous modern kitchen with quartz countertops, ceramic backsplash and built-in appliances. The versatile den can easily function as a second bedroom, home office or guest room. Includes 1 parking space and 1 locker.The unit is vacant, freshly professionally painted and professionally cleaned, and ready for immediate occupancy. Residents enjoy exceptional amenities including a fully equipped gym, spa, full-size basketball court, party room/lounge, outdoor terrace with BBQs, movie theatre, guest suite, visitor parking and 24-hour concierge. Amenities are conveniently located on the 6th floor.Unbeatable downtown location, steps to restaurants, entertainment, Financial District, TTC, University of Toronto, OCAD University and Toronto Metropolitan University. Enjoy the best of downtown living at Cinema Tower!

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Estimate your monthly payments for this property

Estimated Payment

$3,898.68/mo

Includes CMHC insurance ($21,201)

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5-yr fixed avg.

Principal: $683,910Interest: $464,493
Mortgage Amount$705,111
Total Interest$464,493
Est. Property Tax$538/mo
Total Cost$1,169,604

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

21 Widmer Street Unit 3701, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$734
Property Tax (est.)-$538
Insurance (est.)-$158
Net Cash Flow+$770

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 $1267/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. The $734/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 600 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 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.

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 $3,166 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    21 Widmer Street Unit 3701 | $759,900 | Battaglia Team