38 Iannuzzi Street Unit Uph02, Toronto C01

Price: $439,000

0 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13581986

Welcome To Turnkey Upper Penthouse With Exceptional Upgrades! This Designer Studio, Is Ready For You To Move In To, Which Is Ideal For End Users And Investors. Live It, Rent It And Remain In Positive Cash Flow! Truly One Of A Kind South Facing Studio Of 375 Sq.Ft. This Upper Penthouse Offers Privacy As Well As Unobstructed Spectacular Views Of The Lake & Historic Fort York From Its Oversized Balcony. Custom Made Murphy Wall Bed With Ambient Ligthing And Extra Shelves & Cabinets For Storage, Folding Wall Mounted Desk, Furniture, Artwork And Dinnerware Can Be Included For Extra. Luxury Contemporary Aesthetic: 10 Ft Finished Ceilings, Designer Kitchen Has Flat-Panel Cabinets, High End Appliances, Composite Stone Counter, Marble-Tile Backsplash, Under Cabinet Puck Lighting, 24" Integrated Refrigerator W/Bottom Mount Freezer, 30" Stainless Steel Electric Cook Top, 30" Stainless Steel Wall Oven, 24" Integrated Dishwasher, Spa-Inspired 4Pc Bath.

38 Iannuzzi Street Unit Uph02 - Condo photo 1 of 23 in Downtown Toronto / Waterfront, Ontario
38 Iannuzzi Street Unit Uph02 - Condo photo 2 of 23 in Downtown Toronto / Waterfront, Ontario
38 Iannuzzi Street Unit Uph02 - Condo photo 3 of 23 in Downtown Toronto / Waterfront, Ontario
38 Iannuzzi Street Unit Uph02 - Condo photo 4 of 23 in Downtown Toronto / Waterfront, Ontario
38 Iannuzzi Street Unit Uph02 - Condo photo 5 of 23 in Downtown Toronto / Waterfront, Ontario
38 Iannuzzi Street Unit Uph02 - Condo photo 6 of 23 in Downtown Toronto / Waterfront, Ontario
38 Iannuzzi Street Unit Uph02 - Condo photo 7 of 23 in Downtown Toronto / Waterfront, Ontario
38 Iannuzzi Street Unit Uph02 - Condo photo 8 of 23 in Downtown Toronto / Waterfront, Ontario
38 Iannuzzi Street Unit Uph02 - Condo photo 9 of 23 in Downtown Toronto / Waterfront, Ontario
38 Iannuzzi Street Unit Uph02 - Condo photo 10 of 23 in Downtown Toronto / Waterfront, Ontario
38 Iannuzzi Street Unit Uph02 - Condo photo 11 of 23 in Downtown Toronto / Waterfront, Ontario
38 Iannuzzi Street Unit Uph02 - Condo photo 12 of 23 in Downtown Toronto / Waterfront, Ontario
38 Iannuzzi Street Unit Uph02 - Condo photo 13 of 23 in Downtown Toronto / Waterfront, Ontario
38 Iannuzzi Street Unit Uph02 - Condo photo 14 of 23 in Downtown Toronto / Waterfront, Ontario
38 Iannuzzi Street Unit Uph02 - Condo photo 15 of 23 in Downtown Toronto / Waterfront, Ontario
38 Iannuzzi Street Unit Uph02 - Condo photo 16 of 23 in Downtown Toronto / Waterfront, Ontario
38 Iannuzzi Street Unit Uph02 - Condo photo 17 of 23 in Downtown Toronto / Waterfront, Ontario
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38 Iannuzzi Street Unit Uph02 - Condo photo 19 of 23 in Downtown Toronto / Waterfront, Ontario
38 Iannuzzi Street Unit Uph02 - Condo photo 20 of 23 in Downtown Toronto / Waterfront, Ontario
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$439,000 - 38 Iannuzzi Street Unit Uph02, Downtown Toronto

Condo for Sale in Downtown Toronto

35 days on market

Neighbourhood: Niagara

0Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13581986
Property Type
Condo
Status
active
Days on Site
35
Bedrooms
0
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome To Turnkey Upper Penthouse With Exceptional Upgrades! This Designer Studio, Is Ready For You To Move In To, Which Is Ideal For End Users And Investors. Live It, Rent It And Remain In Positive Cash Flow! Truly One Of A Kind South Facing Studio Of 375 Sq.Ft. This Upper Penthouse Offers Privacy As Well As Unobstructed Spectacular Views Of The Lake & Historic Fort York From Its Oversized Balcony. Custom Made Murphy Wall Bed With Ambient Ligthing And Extra Shelves & Cabinets For Storage, Folding Wall Mounted Desk, Furniture, Artwork And Dinnerware Can Be Included For Extra. Luxury Contemporary Aesthetic: 10 Ft Finished Ceilings, Designer Kitchen Has Flat-Panel Cabinets, High End Appliances, Composite Stone Counter, Marble-Tile Backsplash, Under Cabinet Puck Lighting, 24" Integrated Refrigerator W/Bottom Mount Freezer, 30" Stainless Steel Electric Cook Top, 30" Stainless Steel Wall Oven, 24" Integrated Dishwasher, Spa-Inspired 4Pc Bath.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,252.30/mo

Includes CMHC insurance ($12,248)

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5-yr fixed avg.

Principal: $395,100Interest: $268,341
Mortgage Amount$407,348
Total Interest$268,341
Est. Property Tax$311/mo
Total Cost$675,689

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

38 Iannuzzi Street Unit Uph02, 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)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$311
Insurance (est.)-$91
Net Cash Flow+$1,383

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

Market Position

At 35 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 0 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    38 Iannuzzi Street Unit Uph02 | $439,000 | Battaglia Team