231 Fort York Boulevard Unit 615, Toronto C01

Price: $579,000

2 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: C13505996

Have you ever dreamed of living in a condo with an uncompromised layout that also has flawless views? If so, wake up and welcome to 231Fort York Blvd Unit 615. This thoughtfully designed 1+1 bedroom suite offers a spacious open-concept layout with west-facing exposure, and a walk-out balcony perfect for enjoying summer sunsets. The updated kitchen features granite countertops, full sized stainless steel appliances, and a breakfast bar. Its rare to find a condo that allows you to host dinner parties, but unit 615 delivers with room for a large dining table! The oversized den is perfect in its versatility and can be used for a home office, guest space or home gym. Enjoy convenient access to TTC street cars just steps from your door, Exhibition GO Station, and quick connections to the Gardiner Expressway. You're also moments from Loblaws, LCBO, Stanley Park, waterfront trails, and King West dining. Building amenities include 24-hour concierge, indoor pool, gym, rooftop terrace, and visitor parking. Includes 1 owned parking space and 1 locker. A perfect blend of city living and lakeside lifestyle.

231 Fort York Boulevard Unit 615 - Condo photo 1 of 29 in Downtown Toronto / Waterfront, Ontario
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New Listing
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$579,000 - 231 Fort York Boulevard Unit 615, Downtown Toronto

Condo for Sale in Downtown Toronto

New — Listed 7 days ago

Neighbourhood: Niagara

2Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
C13505996
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
2
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

Have you ever dreamed of living in a condo with an uncompromised layout that also has flawless views? If so, wake up and welcome to 231Fort York Blvd Unit 615. This thoughtfully designed 1+1 bedroom suite offers a spacious open-concept layout with west-facing exposure, and a walk-out balcony perfect for enjoying summer sunsets. The updated kitchen features granite countertops, full sized stainless steel appliances, and a breakfast bar. Its rare to find a condo that allows you to host dinner parties, but unit 615 delivers with room for a large dining table! The oversized den is perfect in its versatility and can be used for a home office, guest space or home gym. Enjoy convenient access to TTC street cars just steps from your door, Exhibition GO Station, and quick connections to the Gardiner Expressway. You're also moments from Loblaws, LCBO, Stanley Park, waterfront trails, and King West dining. Building amenities include 24-hour concierge, indoor pool, gym, rooftop terrace, and visitor parking. Includes 1 owned parking space and 1 locker. A perfect blend of city living and lakeside lifestyle.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,970.57/mo

Includes CMHC insurance ($16,154)

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5%10%50%

5-yr fixed avg.

Principal: $521,100Interest: $353,917
Mortgage Amount$537,254
Total Interest$353,917
Est. Property Tax$410/mo
Total Cost$891,171

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: Niagara

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

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

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.

70
Walk Score
Varies
Price Range

231 Fort York Boulevard Unit 615, 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)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$325
Property Tax (est.)-$410
Insurance (est.)-$121
Net Cash Flow+$1,344

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 $1158/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 500 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 $2,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    231 Fort York Boulevard Unit 615 | $579,000 | Battaglia Team