$549,000 - 231 Fort York Boulevard Unit 412, Downtown Toronto
Condo for Sale in Downtown Toronto
New — Listed 6 days agoNeighbourhood: Niagara
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- MLS Number
- C13851996
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $3,596
- Maintenance Fees
- $695/mo
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
Welcome to 231 Fort York Blvd, a stylish and friendly 1-bedroom plus den condominium in the heart of Toronto's vibrantFort York neighbourhood. This bright, functional suite offers an open-concept layout with wonderful features such as freshly finished oak hardwood floors, an elegant Italian marble-tiled foyer & kitchen, as well as slate flooring in the bathroom. Enjoy a private balcony overlooking the Princes' Gate. Freshly painted walls, this unit offers a clean, move-in-ready feel throughout. The building offers exceptional amenities to elevate your urban lifestyle, including a refreshing indoor saltwater pool for year-round enjoyment, a well-equipped gym, sauna, hot tub, a stylish party room for hosting friends and family, games room, movie room, two rooftop terraces with BBQ's & a hot tub to enjoy lake views & great weather. Convenience is at your doorstep. You're just steps to Liberty Village, The Well, The Bentway, The Toronto Waterfront, Coronation Park, and the Marin Goodman Trail. Enjoy walking distance to the Rogers Centre, CN Tower, Stackt Market, cafes, restaurants, grocery stores, and public transit, with quick access to the Gardiner Expressway for effortless commuting. Not to mention fantastic visitor parking options. 231 Fort York Blvd offers the ideal combination of location, lifestyle, and luxury. Whether you're a first-time buyer, urban professional, savvy investor, this is a prime opportunity to own in one of Toronto's most connected communities- complete with the extra flexibility of a den, perfect for a home office or guest space! **Some images have been virtually staged**
Estimate your monthly payments for this property
Estimated Payment
$2,816.65/mo
Includes CMHC insurance ($15,317)
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 Niagara
Niagara 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 Niagara
- •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
Niagara 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.
231 Fort York Boulevard Unit 412, 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
Fair Market Value
At $915/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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 $695/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 Niagara
I know Niagara 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 $2,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.