$1,399,999 - 38 Cameron Street Unit 1105, Downtown Toronto
Condo for Sale in Downtown Toronto
Popular ListingNeighbourhood: Kensington-Chinatown
- MLS Number
- C13664016
- Property Type
- Condo
- Status
- active
- Days on Site
- 12
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North West
- Balcony
- Terrace
- Listing Brokerage
- ZOLO REALTY
Rarely offered corner suite by renowned builder Tridel at the highly sought-after SQ at Alexandra Park. One of the few 3-bedroom residences in the downtown core offering an expansive private terrace, this exceptional home features approximately 987 sq. ft. of thoughtfully designed interior living space complemented by an impressive private terrace of approximately 300 sq. ft. Complete with a natural gas line, this oversized outdoor retreat is ideal for entertaining, dining al fresco, or simply enjoying your own private oasis in the heart of downtown Toronto.The bright, open-concept layout is enhanced by expansive windows that provide an abundance of natural light from multiple exposures. The modern kitchen seamlessly connects to the spacious living and dining areas, creating an inviting space for everyday living and effortless entertaining.The well-appointed primary bedroom offers a walk-in closet and private ensuite, while two additional bedrooms provide exceptional flexibility for families, professionals working from home, or overnight guests. One underground parking space and one locker are included for added convenience.Positioned on a desirable corner, the expansive northwest-facing terrace extends your living space outdoors and offers a rare opportunity to enjoy outdoor living in one of downtown Toronto's most vibrant neighbourhoods.Residents of SQ at Alexandra Park enjoy premium amenities and an unbeatable location just steps to Queen Street West, Kensington Market, Chinatown, Alexandra Park, the Entertainment District, the Financial District, renowned restaurants, cafés, boutique shopping, TTC, and some of the city's best cultural attractions. This exceptional residence delivers the perfect combination of space, comfort, and urban convenience in one of Toronto's most desirable downtown communities.
Estimate your monthly payments for this property
Estimated Payment
$6,192.67/mo
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 Kensington-Chinatown
Kensington-Chinatown 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 Kensington-Chinatown
- •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
Kensington-Chinatown 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.
38 Cameron Street Unit 1105, 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
Premium Pricing
At $1556/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.
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 900 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.
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.
About Kensington-Chinatown
I know Kensington-Chinatown 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 $5,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.