28 Widmer Street Unit SPH29, Toronto C01

Price: $1,040,000

3 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: C13529570

Experience the ultimate in sophisticated urban living with this stunning northwest-facing corner suite, ideally located in the heart of Toronto's dynamic Entertainment District. Flooded with natural light, this exquisite 3-bedroom residence showcases panoramic city views with beautiful with the CN Tower! Residents enjoy amenities, including fitness centre, pool, and 24-hour concierge service. Just steps from Toronto's finest restaurants, theaters, shopping, and nightlife, this address truly places you at the centre of it all. Presenting a rate investment opportunity, the suite is leased until end of December 2026 at $4,500.00 per month, combining income performance with long term asset security. With its prime location, elegant design, and proven financial strength, this residence represents the perfect harmony of luxury living an investment value in one of Toronto's most sought-after neighborhood.

28 Widmer Street Unit SPH29 - Condo photo 1 of 10 in Downtown Toronto / Waterfront, Ontario
28 Widmer Street Unit SPH29 - Condo photo 2 of 10 in Downtown Toronto / Waterfront, Ontario
28 Widmer Street Unit SPH29 - Condo photo 3 of 10 in Downtown Toronto / Waterfront, Ontario
28 Widmer Street Unit SPH29 - Condo photo 4 of 10 in Downtown Toronto / Waterfront, Ontario
28 Widmer Street Unit SPH29 - Condo photo 5 of 10 in Downtown Toronto / Waterfront, Ontario
28 Widmer Street Unit SPH29 - Condo photo 6 of 10 in Downtown Toronto / Waterfront, Ontario
28 Widmer Street Unit SPH29 - Condo photo 7 of 10 in Downtown Toronto / Waterfront, Ontario
28 Widmer Street Unit SPH29 - Condo photo 8 of 10 in Downtown Toronto / Waterfront, Ontario
28 Widmer Street Unit SPH29 - Condo photo 9 of 10 in Downtown Toronto / Waterfront, Ontario
28 Widmer Street Unit SPH29 - Condo photo 10 of 10 in Downtown Toronto / Waterfront, Ontario
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New Listing
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$1,040,000 - 28 Widmer Street Unit SPH29, Downtown Toronto

Condo for Sale in Downtown Toronto

New — Listed yesterday

Neighbourhood: Waterfront Communities C1

3Beds
3Baths
1,000Sq Ft
Condo
Property Details
MLS Number
C13529570
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
None
Exposure
South East
Balcony
Open
Listing Brokerage
NORDALE REALTY & ASSOCIATES INC.
Description

Experience the ultimate in sophisticated urban living with this stunning northwest-facing corner suite, ideally located in the heart of Toronto's dynamic Entertainment District. Flooded with natural light, this exquisite 3-bedroom residence showcases panoramic city views with beautiful with the CN Tower! Residents enjoy amenities, including fitness centre, pool, and 24-hour concierge service. Just steps from Toronto's finest restaurants, theaters, shopping, and nightlife, this address truly places you at the centre of it all. Presenting a rate investment opportunity, the suite is leased until end of December 2026 at $4,500.00 per month, combining income performance with long term asset security. With its prime location, elegant design, and proven financial strength, this residence represents the perfect harmony of luxury living an investment value in one of Toronto's most sought-after neighborhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,600.27/mo

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5-yr fixed avg.

Principal: $832,000Interest: $548,081
Mortgage Amount$832,000
Total Interest$548,081
Est. Property Tax$737/mo
Total Cost$1,380,081

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

28 Widmer Street Unit SPH29, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$737
Insurance (est.)-$217
Net Cash Flow+$1,156

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

Fair Market Value

At $1040/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. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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    28 Widmer Street Unit SPH29 | $1,040,000 | Battaglia Team