$469,000 - 38 Joe Shuster Way Unit 425, Downtown Toronto
Condo for Sale in Downtown Toronto
Neighbourhood: Niagara
- MLS Number
- C13606276
- Property Type
- Condo
- Status
- active
- Days on Site
- 29
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- HOMELIFE NEW WORLD REALTY INC.
Welcome to The Bridge at 38 Joe Shuster Way - an exceptional opportunity to own a spacious two-bedroom condo with spectacular panoramic city views for under $500,000. Finding this combination of value, space, and location in the Queen West and Liberty Village area is increasingly rare. The thoughtfully designed open-concept floor plan offers bright, comfortable living spaces that are perfect for both everyday life and entertaining. The modern kitchen flows seamlessly into the living and dining areas, while two well-sized bedrooms provide versatility for families, professionals, roommates, or those in need of a dedicated home office. The unit has been freshly painted and move in ready, so you can enjoy your own private space indoors or on the large balcony, ideal for morning coffee and relaxing with the city skyline as your backdrop. Residents have access to an outstanding collection of amenities, including a fitness centre, indoor swimming pool, party room, and more. Located between Queen West, King West, and Liberty Village, this vibrant neighbourhood places some of Toronto's best restaurants, cafés, boutiques, parks, and nightlife just steps from your door. Rita Cox Park, the Entertainment District, and the waterfront are all within easy reach, while a Walk Score in the high 90s and exceptional transit options make commuting and exploring the city effortless. Whether you're a first-time buyer, savvy investor, or looking to secure a home in one of Toronto's most desirable neighbourhoods at an attractive price point, this is an opportunity you won't want to miss.
Estimate your monthly payments for this property
Estimated Payment
$2,406.21/mo
Includes CMHC insurance ($13,085)
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.
38 Joe Shuster Way Unit 425, 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
Competitive Pricing
At $782/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 29 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 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.
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.